Archive for November, 2007
Man Arrested for Shooting Traffic Camera
November 28th, 2007Taking out tens of thousands of dollars worth of police state revenue collection equipment with a dollar’s worth of ammunition? Some would call it asymmetric warfare. Others would call it priceless. It will be interesting to see how this case winds up. If the state makes any link between the crime and politics, it will […]
Portfolio Ideas
November 28th, 2007WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Several readers are panicking and emailing me messages that go something like: “How can I protect my assets? I’ll pay you to devise a plan for me.” Guys, I’m not a financial adviser. Financial advisory services are government regulated, like real […]
CHINA FUEL SHORTAGES
November 27th, 2007Via: The Australian: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are causing huge queues of trucks, buses and cars. In Kunming, capital of the southwestern province of Yunnan, 1000 trucks are stranded. A truck driver named Li told […]
HSBC Finds $35 Billion to Bail Out Investment Outfits Caught by U.S. Mortgage Fallout
November 27th, 2007WARNING: This is not a recommendation to buy, sell or hold any financial instrument. “The other one I like short is HSBC. Just look how far above zero it is… Flying so high in the 80s.” —Cryptogon, November 14, 2007 Cryptogon November 14 vs. Goldman Sachs November 27. Hmm. I’m going to have to get […]
U.S. Mortgage Crisis Slams Property Values, State Tax Receipts
November 27th, 2007Via: Bloomberg: The worst U.S. housing recession in 16 years will drive down property values by $1.2 trillion next year and slash tax revenue by more than $6.6 billion, according to a report by the U.S. Conference of Mayors. California, the hardest-hit state, will suffer a $630.6 billion decrease in property values that will cut […]
Abu Dhabi Buys Citigroup Some Time
November 27th, 2007WARNING: This is not a recommendation to buy, sell or hold any financial instrument. HAHAHA Priceless! Instead of Helicopter Ben on the banner, I need some guys on magic carpets, flinging cash over lower Manhattan. Anyone thinking about playing the put options lotto on some of the most screwed financials this morning? Deep out of […]
College Requires Students to Carry GPS Enabled ‘School Phone’
November 27th, 2007Does the College of Knowledge issue dribble bibs to these twits to prevent accidents during lectures? You know, show up to How to Be a Good Slave 101 and Advanced Don’t-Taze-Me-Bro Strategies 400 with your xTreme dribble bib and your hip sKo0lEd phone. Via: CBS News: College students at Montclair State University are all talking […]
Hedge Fund that Shorted Subprime Assets Up Over 1000% this Year; Fund’s Manager Tells Clients, “Our Entire Banking System is a Complete Disaster” and Use Profits to Buy Gold
November 26th, 2007Lots of people have an opinion on gold. But how many of them are running funds that are up over 1000% for the year? Just one. Via: Financial Times: A Californian hedge fund has made more than 1,000 per cent return this year by betting against US subprime home loans, making it one of the […]
Police to Deploy Spy Drones in Texas
November 26th, 2007Via: Click2Houston: Houston police started testing unmanned aircraft and the event was shrouded in secrecy, but it was captured on tape by Local 2 Investigates. Neighbors in rural Waller County said they thought a top-secret military venture was under way among the farmland and ranches, some 70 miles northwest of Houston. KPRC Local 2 Investigates […]
Cryptogon Readers Contribute $100 and $50
November 26th, 2007DJ sent $100 and JR sent $50. Thank you.
