The Fount of Useless Information
Your place for useless information that just might possibly be interesting.
BofA: Families facing foreclosure can rent
http://money.cnn.com/2012/03/23/real_estate/bofa-mortgages-foreclosures/index.htm?hpt=hp_t3
The first thing I feel obligated to state is “why the hell is this only just now being considered?”. While I expect wide spread engagement in this approach will go a very very …
Gangster Banks Keep Winning Public Business. Why?
http://www.rollingstone.com/politics/blogs/taibblog/gangster-banks-keep-winning-public-business-why-20120322
Why? Simple: it is anonymous tax payers that get screwed and in any case the politicians are corrupt. This is telling:
…“I haven’t found an investment bank that hasn’t had some problem
Senate mulls an express lane for IPOs
http://money.cnn.com/2012/03/20/smallbusiness/ipo-bill/index.htm?source=cnn_bin
As if it wasn’t already easy enough for the oligarchy to rip off ordinary people, now we have legislation that will turn the clock all the way back to before the ’29 …
Another of those difficult-to-believe-we-are-that-collectively-stupid things…
Another Hidden Bailout: Helping Wall Street Collect Your Rent
http://www.rollingstone.com/politics/blogs/taibblog/another-hidden-bailout-helping-wall-street-collect-your-rent-20120319
This sums it up:
…As one hedge fund analyst put it to me this morning: “Help inflate the bubble, create a foreclosure crisis, buy homes
These articles have a common tie (at least to me) so rather than post on each one I thought I would post them together. The first shows that our government culture has the potential to yank its head out of …
Bank of America: Too Crooked to Fail
The bank has defrauded everyone from investors and insurers to homeowners and the unemployed. So why does the government keep bailing it out?
http://www.rollingstone.com/politics/news/bank-of-america-too-crooked-to-fail-20120314
It is a long article, so for some of …
But it seems 5-6 hours a day is the max for a so-called ‘knowledge worker’:
Bring back the 40-hour work week
150 years of research proves that long hours at work kill profits, productivity and employees
http://www.salon.com/2012/03/14/bring_back_the_40_hour_work_week/singleton/
On the few …
Scott Turow on why we should fear Amazon
The feds might sue Apple and publishers over pricing. But a top author suggests the e-retailer’s playing monopoly
http://www.salon.com/2012/03/13/scott_turow_on_why_we_should_fear_amazon/singleton/
No upside comes without a downside, there are always losers to go with …
J.P. Morgan Chase’s Ugly Family Secrets Revealed
http://www.rollingstone.com/politics/blogs/taibblog/j-p-morgan-chases-ugly-family-secrets-revealed-20120313
If you have blood pressure problems you might not want to read the article above. It does, however, clearly outline the disparity in our so-called justice system where the oligarchy is totally …
Will red meat kill you?
More bad news for bacon lovers — a Harvard study offers urgent reasons to eat less
http://www.salon.com/2012/03/13/will_red_meat_kill_you/singleton/
My wife, someone who eschews beef, pork, chicken (except eggs) in favor of veggies and sea food was …