Archive for January, 2005

Clueless

Wednesday, January 26, 2005 4:48 Comments Off

This article is……..well, absolutely brilliant and jaw-dropping. A little bit rough around the edges, but Rostenko knows how to hammer home the raw truth.

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Banks that Just Happen to Make Cars

Tuesday, January 25, 2005 21:55 Comments Off

From the Automotive News: Ford Motor Co. on Tuesday said earnings will fall this year due to weaker profit at its financial services unit, which it expects to be hit by rising interest rates. For 2005, Ford is outlooking a $1.5 billion pretax profit from its core automotive operations, while it expects over double that [...]

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Perpetrators of Doom

Tuesday, January 25, 2005 21:25 Comments Off

In regards to my recent post, a few people wrote who were pleased with my snipe at Ivy League MBA’ers. By the way, it’s Haaaaaaavaaad MBA. Not Harvard. Most all financial and business scandals everywhere lead to one source: Ivy League business schools. Ivy Leaugue types start off telling students (or employees) that “cash is [...]

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The Dumbest Harvard MBA in the Room

Tuesday, January 25, 2005 17:50 Comments Off

Jeff Skilling, Enron’s infamous President and CEO, never belonged in front of the Department of Justice henchmen, however, he deserved far worse in a civil court for his role in the ultimate destruction of his shareholders’ worth. Skilling’s Enron, toward the end, had no cash flow and $38 billion of debt, and he told the [...]

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General Motors Avoiding Junk Pool

Tuesday, January 25, 2005 17:38 Comments Off

An interesting turn of events in the bond market. Fitch Ratings, desperate to be as recognized as the big boys – Moody’s and Standard & Poor – is holding the line on GM bond ratings. The US automaker, with $45.5bn of corporate debt, has been teetering on junk bond status, as speculation has long been [...]

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Crazed Worshipping

Tuesday, January 25, 2005 4:08 Comments Off

If this doesn’t make you sick, then you are not alive.

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Protesting the Neocons (But Don’t Call ‘Em Neocons)

Monday, January 24, 2005 6:53 Comments Off

Here’s a bunch of Lefty types protesting the warmongering neocons at the American Enterprise Institute (AEI). As Gene Callahan points out, the neocons expend all kinds of energy denying their existence, then they publish a collection of their writings using the name “Neocon.” Gotta love it.

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The Wrath of Pitt as Achilles

Sunday, January 23, 2005 20:21 Comments Off

I’m always amazed at what people will argue about. A reader writes to say that I must have missed the boat on the whole point of the Brad Pitt movie Troy, as related to the wrath of Achilles. Uh, apparently, he thinks he caught something that I don’t already know. Indeed, Pitt’s supposed “brooding” as [...]

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Attack!

Sunday, January 23, 2005 20:21 Comments Off

Wow, the arguing types are out tonight. I’m amazed at how low-key, opinion-driven blog posts can bring on the wrath of folks. One guy criticized me for liking Johnny Carson. He noted that I often criticize much of what is on TV, so how could I dare watch Carson? He quotes me: “[M]ost of it [...]

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May Johnny and his Monologues RIP

Sunday, January 23, 2005 18:43 Comments Off

Johnny Carson is gone. I still think that his monologues were the funniest 10 minutes on television, unlike the garbage on TV today.

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