I Want Some Tarp

I want some tarp video. If you didn’t already know, Tarp stands for Troubled Assets Relief Program. It was about 750 billion dollars. The Bush administration spent half of it and left the other half for the Obama Administration. It will be interesting to see the results. The song is certainly spot on.

We’ll keep you [...]

Visa IPO Price Set

About $44 per share, and 17.9 billion dollars in market capital. It’s just the natural course of things. Create a company that is based upon building up debt. Get the debt up to record levels! Just as it looks as though major defaults may be around the corner, spin the company off in an IPO! [...]

Sharper Image Bankruptcy

Like an end of another era, Sharper Image has filed for bankruptcy. Remember getting those catalogs and thinking “Wow, this is pretty cool stuff!” It’s hard to believe the company is actually 31years old. There always seemed to be something that was cutting edge, new, or just plain interesting. Getting the catalog and reading [...]

Ebay Boycott Cancelled

Or is it? A few weeks ago Ebay announced new listing fees for sellers. In effect, it lowers the upfront cost of listing a product, but increases the overall cost once the item is sold. The idea is based upon sales success, and it has done nothing but enraged sellers. The new fees have enraged [...]

Ethanol Bad for Environment

Crops consume carbon dioxide when they grow but add it when they’re burned, so it balances itself right? Corn Ethanol and Soybean diesel sound like a good option but there’s a sinister downside to the use of bio-fuels. It’s twice as bad as burning gasoline in terms of greenhouse gasses and global warming.
Princeton Universities Tim [...]

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