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Judicial conflict of interest in the BP oil drilling moratorium (video)
Saturday, June 26, 2010

Rachel Maddow gives an Interesting report the financial disclosure report of Judge Martin Feldman who ruled against the Obama administration's moratorium on offshore drilling. Unbelievable what outrageous conflicts of interests we see in our judicial system!

 

 

Another Subprime Waiting to Implode
Thursday, June 24, 2010

Very interesting article on the state of education in the U.S. once again. And it's regarding government funding and cronyism. After reading this article in the New York Post, I don't think anyone would want to put the money into education stocks like APOL, ESI or DV.

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Study Says Math Deficiencies Increase Foreclosure Risk
Saturday, June 12, 2010

Business professor Stephan Meier Columbia University found that borrowers with poor math skills were three times more likely than others to go into foreclosure. Not surprising but it's kinda interesting to remind us folks to know the basics in life + a bit of common sense.

 

New York Times article

 

 

  
Consumer Confidence Indicates Market Bottom
Location: BlogsSunny Blog    
Posted by: Justin Forest 4/20/2009 2:20 AM
The Consumer Confidence Index (CCI) measures the level of optimism of consumers. It turns out that this indicator is a good long term contrarion indicator. In the past 40 years, the indicator managed to pinpoint 5 market bottoms since 1969. That's a whopping 5 out 5 times!
 
I found this chart from EconomicSnapshots.com of the historical CCI dating back to 1961. It's not surprising that when people turns from euphoria to panic, it's the best time to invest. The CCI index went from 111.9 to below 40 just recently.
 
Comparing this CCI chart to the S&P 500, the CCI correctly predicts great buying times for the long term equity investments. According to the CCI, 2009 marks another great time to buy in.
 
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