Archive for July, 2008
Banks Place Extended Hold on IndyMac Checks
July 18th, 2008Via: AP: The frustration didn’t end for some IndyMac customers when they finally were able to withdraw their funds from the failing Southern California bank seized last week by federal regulators. Some people have run into more problems when they tried to deposit IndyMac cashier checks at other banks. Sheryl MacPhee said she waited in […]
U.S. Air Force Comfort Capsules
July 18th, 2008The U.S. is a banana republic with nuclear weapons. Via: Washington Post: The Air Force’s top leadership sought for three years to spend counterterrorism funds on “comfort capsules” to be installed on military planes that ferry senior officers and civilian leaders around the world, with at least four top generals involved in design details such […]
Stock Market Short Squeeze
July 17th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Two words: Options Expiration. Unfortunately, I was too cheap to buy some closer to the money GM calls. Those 17.50 strikes are done. 🙁 If you have no idea what this post means, see, Insider Crimes, Funny Money and Options Rackets […]
OBAMA WILL ESTABLISH A “CIVILIAN NATIONAL SECURITY FORCE”
July 17th, 2008I can’t wait to hear the Cult of Obama break out into glossolalia over this one. Via: Chicago Tribune: From Franklin D. Roosevelt and John F. Kennedy to Bill Clinton and George W. Bush, presidents and those who aspire to be president have long put forth calls for greater public service. Some found success, while […]
Wachovia Securities Raided in Auction Rate Probe
July 17th, 2008Via: Reuters: Securities regulators from several U.S. states raided the St. Louis headquarters of Wachovia Securities on Thursday as part of a broad investigation into questionable practices involving auction rate securities, Missouri officials said. Missouri Secretary of State Robin Carnahan’s office said the “special inspection” at the Wachovia Corp (WB.N: Quote, Profile, Research, Stock Buzz) […]
U.S. to Establish Diplomatic Presence in Tehran?
July 17th, 2008Via: Reuters: The United States will announce in the next month that it plans to establish a diplomatic presence in Tehran for the first time in 30 years, a London newspaper said on Thursday. In a front-page report, the Guardian said Washington would open a U.S. interests section in the Iranian capital, halfway towards opening […]
Illinois Governor Planning to Send National Guard Into Chicago
July 17th, 2008Via: NBC5: As Gov. Rod Blagojevich on Wednesday signed a new law that will put in place tougher penalties for selling guns to minors, he also announced he’s got a new idea to help combat the violence that Chicago is experiencing: he’s talking to the Illinois State Police and the National Guard to see if […]
U.S. Dollar Index: Technical Analysis
July 17th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Human Readable Summary: I’m still bearish on the dollar. — Ok, let’s try to eat soup with a knife. U.S. Dollar Index, Weekly Interval The U.S. Dollar is entering a make or break phase. The weekly Bollinger bands are compressing, which […]
Sarkozy Call for Second EU Vote Provokes Storm in Ireland
July 17th, 2008If at first you don’t vote the way We want, try, try again. Via: AFP: Irish politicians reacted angrily Wednesday after French President Nicolas Sarkozy suggested Ireland should hold a second referendum on the EU’s new treaty, after rejecting it last month. Irish voters dealt a blow to the European Union last month by rejecting […]
MI5 Officers ‘Outsourced the Torture of British Nationals to Pakistani Agencies’
July 16th, 2008Via: Telegraph: MPs have called for an investigation into allegations that MI5 officers “outsourced” the torture of British citizens to Pakistani security agencies. John McDonnell, Labour MP for Hayes and Harlington, and Andrew Tyrie, Conservative member for Chichester, have said that the reports of abuse must be examined by the Intelligence and Security Committee (ISC), […]
