Archive for September, 2008
Sunday, September 21st, 2008
Time To Cancel The Larry Kudlow Show
Larry Kudlow, commentator on CNBC, needs to have his show, Kudlow and Company, canceled. The infamous Kudlow creed, “I believe that free market capitalism is the best path to prosperity” officially died last week. I really don’t see the point of continuing his show any more. What’s the point of talking about the stock market [...]
4 Comments » - Posted in The Fed by RichSlick
Saturday, September 20th, 2008
Las Vegas Too Big To Fail; Bush Orders Casinos To Stop Losses
Las Vegas is too big to fail so patrons can now place a bet on any hand, any roulette spot or any slot machine and the government will buy your bad debts in order for you to gamble some more. Bush was quoted as saying, “Las Vegas is a vital part of our economy and [...]
No Comments » - Posted in The Fed by RichSlick
Friday, September 19th, 2008
Government Solution: Rinse & Repeat
Someone please explain to me how the new Resolution Trust Corporation (or whatever the heck it’s called) is going to fix the problem with housing? Yes, I get the concept that all the bad mortgages will get dumped on the RTC (ultimately the tax payer) and banks will magically have capital to lend but who [...]
No Comments » - Posted in The Fed,Watch Out by RichSlick
Friday, September 19th, 2008
Market Cheers New Drug Dealer In Town
Get out your syringes, mirrors, and rubber hoses and get ready to shoot up or snort it anyway you like it because the government just set up a new drug dealer eager to trade bad debt for “happy candy” that the masses can eat up. This crack rally won’t last long….sell the rallies! Get out [...]
No Comments » - Posted in The Fed by RichSlick
Friday, September 19th, 2008
Raked in $2150 Yesterday
So much money to be made in this crazy market. I raked in $2150 yesterday with the usual buy/write etf strategy. I just hope it doesn’t blow up in my face……check it out at ETFCoveredCalls.com Happy hunting……… Bookmark to: Hide Sites
No Comments » - Posted in Easy money by RichSlick
Thursday, September 18th, 2008
Eureka! The H.E.L.I.C.O.P.T.E.R Plan
I present the H.E.L.I.C.O.P.T.E.R Plan that describes Ben Bernanke’s strategy: Handing Everyone Lots of Incentives & Cash to Obligate in Perpetuity Taxation Earmarks & Rallies Bookmark to: Hide Sites
No Comments » - Posted in The Fed by RichSlick
Thursday, September 18th, 2008
A Poem For Today’s Market Turmoils With Regards To Martin Niemöller
In America, they bailed out first the dot com investors, and I didn’t speak up because I wasn’t an investor; And then they bailed out the mortgage lenders and I didn’t speak up because I wasn’t a lender; And then they bailed out the investment banks and I didn’t speak up because I wasn’t a [...]
No Comments » - Posted in The Fed by RichSlick
Wednesday, September 17th, 2008
Relax, Let Me Tell You About The New World Order & Why The Founding Fathers Are Rolling Over In Their Grave
Worried about the market? Don’t be, because I’m going to explain to you the new world order that’s coming. First, industry will be broken down into a few major “hubs” where all citizens will enjoy the lifestyle they enjoy now in a slightly different manner. A few centralized quasi-free market quasi government entities will be [...]
4 Comments » - Posted in Rants,Uncategorized by RichSlick
Tuesday, September 16th, 2008
It’s Official: Americans Reach Dante’s Fourth Circle of Hell
What is Dante’s Fourth Circle of Hell? Well, if you click over to Wikipedia, you can learn about all nine circles of Dante’s Hell. The fourth circle, in particular, refers to material possessions and the means by which people come by or utilize them. To quote: Those whose concern for material goods deviated from the [...]
No Comments » - Posted in Financial Safety by RichSlick
Monday, September 15th, 2008
Uh-Oh, Brokerage Reps Keep Calling Me To Tell Me They’re My Best Friend
I’m getting really nervous now. I’ve had accounts open with some particular online brokers for nearly a decade and I’ve never ONCE received a call from them asking me how their service has been these past few months nor if I’m interested in expanding or consolidating my accounts. I guess with Bear Sterns, Lehman and [...]