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False Sense of Security – Oil Pricing

Don’t fall for the lower gas prices and be lulled into a false sense of security. Oil is below $40 a barrel for the first time in 5 years. OPEC met in Algeria and decided to slash production by more than 4 million barrels a day below September levels. However, traders responded and drove down [...]

Another Windfall! Fishman Wins Lottery!

Talk about being in the right place at the right time!
Fishman, CEO of Washington Mutual, took over the helm in September of this year. WAMU was seized by the regulators just three weeks later and the assests were sold off to JP Morgan. What was his salary and bonuses for just three weeks on the [...]

Rob Smith Jr. Hits The Nail in Politics

Rob Smith Jr. really knows how to make you laugh with his daily political cartoons. One of his newest below:

Politics: The Squeaky Wheel Gets The Grease

Bailouts are not a solution to the economic crisis.  Why just stop at one company when there are dozens of others that are dealing with financial hardship too?  When favors are given to one group then others automatically line up also. This will continue as long as the government continues to make promises. The original [...]