Month: October 2008

Funny New Stock Market Terms

Tara sent me the following humorous New Stock Market Terms… I like the Standard & Poor definition best.

NEW STOCK MARKET TERMS

CEO Chief Embezzlement Officer.

CFO Corporate Fraud Officer.

BULL MARKET A random market movement causing an investor to mistake himself for a financial genius.

BEAR MARKET A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.… read more “Funny New Stock Market Terms”

Nick’s Elk

Nick recently went hunting and bagged a monster elk on Wednesday October 8, 2008.‚  Below is the email he sent out and the pictures of his elk.‚  Mmmm… elk burgers… tasty.

7:05 in the morning with the sun rising across the treeline I‚ walked‚ into a clear cut above the ranch.‚ Standing at the far end of the clear cut‚ we spied 6 elk mainly cows and calves.

… read more “Nick’s Elk”

Death Stalks Wall Street

The Dow Jones Industrial Average crashed again today, losing more than 7%, all the way down to 8579.‚  Wall Street hasn’t seen this sort of crash in quite some time. My guess is that it may be temporarily nearing the end of its decline (my guess is it will bottom out between 7000-8000 points)… but if foreign countries start pulling their money out of US markets, I think up to half of our economy will die.‚ … read more “Death Stalks Wall Street”

John McCain Failed in the S&L Crisis of 1990

Watch the following video of how John McCain stopped regulators from investigating financial crimes at Lincoln Savings & Loan at the behest of it’s CEO Keating. Because John McCain halted the criminal investigation of the Savings & Loan, taxpayers ended up having to foot the largest bailout bill in history at that time when the company finally collapsed.… read more “John McCain Failed in the S&L Crisis of 1990”