Monday, June 15, 2009

Viking Arthur on the Economy

Arthur, the author of Arthur's Hall of Viking Manliness provides a good overview of what happened to the economy and why. He places blame where it belongs, virtually everyone.

Read the full article here...

Thursday, June 4, 2009

Government Motors

I sold all of my stock in Government Motors today. I had bought a few hundred shares very cheaply a few weeks ago on the gamble that somehow the government wouldn’t %@#* things up. I obviously had too much faith in those people. On a bright note, TiVo stock did well today on news that they won their lawsuit against EchoStar. So it was not a completely dark day where my portfolio is concerned.

Tomorrow may be darker as we learn more about Obama's outright theft of a multi-billion dollar, once great company. Now we get to watch Ford and Toyota fight it out to become that largest car manufacturer in the US.