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WOLFRAMALPHA

WolframAlpha is a revolutionary new search engine that computes answers rather than pointing to websites.  The site was officially launched yesterday amid heated talk that it could challenge the might of Google.  The service can compute the distance between two cities, the population of a country, county or city at a specific date and ( Read more... )

The movie trailer is out for the big screen adaptation of The Road!!!

Click to view

In a small southern town, the holiday season is in full swing.  It is raining so there is not too much business taking place. Everyone there is heavily in debt.

Luckily, a wealthy tourist arrives in the foyer of the small local hotel. He asks for a room and puts a $100 bill on the reception counter, takes a key and goes to inspect the room located ( Read more... )

Tim and I are heading over to Louisiana for a long weekend.  We're stopping by to see Cody and Nate Friday night and then to see Joffre in New Orleans during Jazz Fest.  I'm sooo excited to get the hell out of Atlanta for a few days.

And I'm soooo excited to see Cody.   So in honor of that, I'm doing a Cody-a-Day post until we leave.  I've posted ( Read more... )

1) Of the top nineteen (19) banks in the nation, sixteen (16) are technically insolvent.

2) Of the 16 banks that are already technically insolvent, not even one can withstand any disruption of cash flow at all or any further deterioration in non-paying loans.

3) If any two of the 16 insolvent banks go under, they will totally wipe out all remaining ( Read more... )

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1 in every 10 Americans receive food stamps...

Since mark-to-market is now a fading part of history and is being replaced by mark-to-fantasy or mark-to-hallucination, I hereby declare that my stocks and real estate holdings are now worth $1.5 billion regardless what the actual fair market value is.

Yay!  I'm now a billionaire!

The BAD BANK Bailout Scam

Here’s how the Fed’s latest plan will screw the taxpayers and make billions for banks like Citi, BOA, JPM et al...  (This is simplified on purpose so there's no mention of the investor pool, the FDIC's role or the 1:6 leverage, etc.)

Step 1: Citi creates a new Bad Bank subsidiary-- call it $hiti Bank.  This will be an off- ( Read more... )