Obama cut off all funding for the Yucca Mountain nuclear waste depository. Harry Reid is delighted as will be anti-nuke activists. If there’s no place to remove waste to, it will be that much easier to stop nuclear power plants. My prediction: we won’t see another coal or nuclear power plant built in my lifetime and [...]
Entries from February 2009
February 28, 2009
The Media and soldiers’ corpses
Defense Secretary bowed to his new boss’s pressure and this week modified the Pentagon’s ban on photographing the coffins of soldiers brought back to our country. The New York Times and other scum trumpeted this as a triumph of their desire to “honor our fallen heroes” when of course their intention was to exploit the [...]
February 28, 2009
The scourge of adjustable rate mortgages
Just heard from a borrower whose adjustable rate mortgage was reset today. His is set to the T bill rate plus 2.375% so his new rate is … 2.875%. He’s probably entitled to sum dat dare stimmulus money, huh?
I’ve suggested that he switch to a fixed in a year or two before the Obama plan [...]
February 28, 2009
Lenin predicted it but Wall Streeters don’t read history
Some Obama supporters on Wall Street are beginning to see what they voted for and aren’t all that happy.
Lenin also said: “The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.” I wonder who in Washington has read that?
February 28, 2009
Just as long as they don’t supply pine cones as TP
Ryan Air to charge for use of toilets? It’s “under consideration.” I suppose guys like me can just open a window but it seems harsh for the ladies. Discrimination!
February 28, 2009
Staging a house – worth it?
Stagers insist that it is and here’s another success story. I remain skeptical; I’ve seen plenty of houses sell that were staged and plenty that were empty and I’ve never noticed a difference in the prices they fetched or the speed with which they sold. I do agree with stagers that clearing clutter from a house [...]
February 28, 2009
Chavez seizes rice factories
First he killed the oil industry, now he’s going after food. Poor Venezuela. All they’ll have left to look forward to are visits from Jimmy Carter and Sean Penn.
February 28, 2009
Rant at my boss! I’m letting my puppet indulge in negativism!
Warren Buffet speaks – at my command, of course.
In his eagerly-anticipated annual letter to Berkshire shareholders, Buffett also offered a gloomy economic outlook, saying “the economy will be in shambles throughout 2009 — and for that matter, probably well beyond.”
February 28, 2009
Anyone this stupid shouldn’t be armed
Seattle cop caught on video beating the bejesus out of a 15-yearold girl. One of the more amusing parts of my past life was viewing videotapes of my drunken driving clients who swore to me that they were cool, sober and collected when arrested and, on the tape, were revealed to be foul-mouthed, violent inebriates. One [...]
February 28, 2009
Late Friday afternoon developments in market
This Old Greenwich house sold for $1.810 million in April, 1999. The buyers renovated it and added on, then sold it for $2.860 in January ‘07. Those buyers tried reselling it for $3.095 but were unable to find a buyer until they lowered its price to $2.5 million on January 27 of this year. It [...]
February 28, 2009
Hey, Kids, try this at home!
How to turn a Sharpie into a liquid-fueled rocket. Impress your friends, terrorize your sister. Cool!
February 28, 2009
Who will finance our borrowing?
We were already pretty much dependent on the Chinese to loan us the money needed to carry our debt. We’re proposing to quadruple that debt and I wonder, who can afford to fund it? Europe’s in the tank and about to sink to the bottom. The price of oil is trimming the wallets of the [...]
February 28, 2009
When to turn state’s witness
Before you spend several hours lying to the S.E.C. This young woman could probably have skated from her close association with our latest recent Ponzi, Stanford Financial, but thought she could lie her way through. That’s usually a poor decision. You can see what her lawyer thought of her behavior in the second paragraph, below:
According to the [...]
February 27, 2009
U.S. Virgin Islands on sale
Well, sort of. Prices down maybe 20%, according to the WSJ. I’d suggest waiting for prices to fall 75%. I spent a fair amount of time on all three islands working on a guidebook about a decade ago and, while I liked St. John, I wouldn’t live on St. Thomas on a dare and St. Croix [...]
February 27, 2009
Nice to know that schnooks come from both sides of the pond
“Sir Fred” Goodwin, the man whose ego and greed drove him to try to expand the Royal Bank of Scotland into one of the big boys and instead brought it to ruin, is getting a $million pension per year, for life. He’s only 50, so unless an angry former employee or shareholder prevents it, he [...]
February 27, 2009
Have girls gotten awful since 1978 or was I just lucky enough to date nice ones?
Out of work? Down on your luck? Stay away from women, you loser, but feel free to call when you get a job.
(Thanks to Krazy Kat, who I believe is happily married and no doubt plans to stay that way)
February 27, 2009
Hoist by his own Guitard?
U2 and its leader, Bono, are under fire in Ireland for moving operations to the Netherlands to avoid a new tax on their earnings. Ho hum, another liberal who knows how he wants to spend my money and how he wants to hang on to his own. I’d say he’s ready for a cabinet post in [...]
February 27, 2009
Where’s Walto?
Hanging out in Palm Beach, according to my source down there, who called today with a Walt and Monica sighting.
Just in case you were wondering.
February 27, 2009
Breaking News – “Carbon fees” are actually a new tax!
Well who ever would have suspected that? Okay, I mean besides just about everyone with an IQ higher than 12 who didn’t attend an Ivy League college. Still, just in case you “still buy your clothes in New Haven”, as that John Updike character liked to say, here’s the Wall Street Journal pointing out the [...]
February 27, 2009
A condo sale
340 Valley Road, one of those free-standing houses in a planned unit development, has sold for $2.360, a very good price (for the seller) notwithstanding that he was asking $2.7 million for it since 2007. The buyer obviously liked the price too.
