jonsyrose | February 26, 2009
Okay so another $410Bn was approved by congress last night and the question is where will this all end. With $3.55 Trillion now sanctioned, thats 1/3 of the entire national debt, one has to ask, why are they giving away all this money they dont have when they havent even spent the original $900Bn and [...]
jonsyrose | February 21, 2009
So who would like to charter their own provate jumbo jet and fly from Washington to Chicago for dinner for Valentines night….. Why the president of course, Barack took his wife to chicago for dinner on airforce one for Valentines day at a cost of several million dollars….. Didnt the motor company bosses just get [...]
jonsyrose | February 19, 2009
The world stands at the edge of a cataclysmic financial abyss, and no i am not talking about the current housing and liquidity crisis, i am talking of something a little further away and somewhat grayer (excuse the pun). The financial timebomb that is the graying population of the industrialized world. We live longer, live [...]
jonsyrose | February 16, 2009
I am not a fan of the government running businesses and I am even less of a fan of the rating agencies, who are even less able to demonstrate any degree of competence whatsoever. Here is the problem, they are in the business of providing ratings and they charge the company for the pleasure… do [...]
jonsyrose | February 16, 2009
With commercial and retail yields rising dramatically in the last several months people have started to dive in and buy at 8-10%. Why do I not think this is a good idea? This market didn’t just dry up so quickly as a result of the capital markets failure as you might initially think, what has [...]
jonsyrose | February 15, 2009
The markets have certainly been in freefall, right now we sit in a lull before the next wave of storms arrive, there is no imminent sign of recovery and the US bailout seems so cretinous there is little chance of it helping the consumer in any way. Right now I think the strongest trend is [...]
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