Imagine the shock when the “star” of reality series Desperate Housewives of New Jersey found out that to lie in your bankruptcy is a federal crime and can result in having your discharge (the flushing of all the debts) denied altogether.  “A court-appointed trustee has accused the bankrupt star of “The Real Housewives of New [...]

New Bank Regulation Law – a joke??
Once again, I am impressed with local columnist, Ed Wallace.  He has insight and perspective which I do not find in the main stream media.  His latest column entitled “Nothing has Changed” deals with banking reform, or the lack thereof.  Although Congress recently passed what it calls “sweeping reform” [...]

As previously noted in linked articles, the way in which the government bailed out AIG indirectly saved the big banks and institutions such as Goldman Sachs from massive losses.  More details of this back door bailout are now emerging: “Unknown outside of a few Wall Street legal departments, the A.I.G. waiver was released last month [...]

The WSJ reports that over 3 billion in cash, wrapped and bundled on pallets and in suitcases has been “legally” flown out of Afghanistan.  “Officials believe some of the cash, if not most, is siphoned from Western aid projects and US, European and NATO contracts to provide security, supplies and reconstruction work for coalition forces [...]

We have all heard about the correlation between hemlines and the stock market, the lower the market goes the lower hemlines go.  However, the good folks at The Socionomist (they can be found at www.socionomics.net ) have added things like baby names and colors of clothes and design and color of cars as well as [...]

Here is a note from another respected Wall Street advisor saying the same thing that the folks at Elliottwave have been saying, as previously noted here: sell, sell, sell.  “WHOA! Richard Russell, the famous writer of the Dow Theory Letters, has a chilling line in today’s note:  Do your friends a favor. Tell them to [...]

In a move right in line with its new marketing campaign, NASCAR officials declined to issue a severe punishment to driver Carl Edwards for his intentional and life threatening “bump” of fellow driver Brad Keselowski.  Although some think the move was a deserved pay back for Keselowski’s own aggressive tactics on the track, the fact [...]

Yesterday, the Texas Republican voters chose Gov. Rick Perry over both Sen. Kay Bailey Hutcheson and Debra Medina to run against Bill White, the Democratic former Mayor of Houston.  This makes sense given that Gov. Perry styled his campaign perfectly to fit the worsening mood of Americans in general and voters in the Republican primary [...]

(This author will confess that he loves these kind of discoveries!)  It was known that on the back of one draft of the Constitution was another text by James Wilson, but that version stopped abruptly.   The rest of that early draft has now been “discovered” and may be placed with the other drafts of the [...]

Here are some snippets from Dave Berry’s review of 2009: “…In Afghanistan, U.N. investigators raise questions about the recent national election, noting that a third of the votes cast for President Hamid Karzai came from Palm Beach County.  On the celebrity front, a remorseful David Letterman confesses to his stunned audience that he has been [...]