June 29, 2009

USA Shows Some Promise

That's right all you Landon Donovan haters out there. The US not only made it to the final of the confederations cup but showed some spirit on the way there. The broke the record making winning streak of the Spaniards and led 2-0 at the half against the Brazilians. Not too shabby.

(photo via cleveland.com)

June 21, 2009

The Moon Rising Over Tiger Hill

Darjeeling: Early morning, Sunday, February 22nd 2009

You can click on the link for a bigger version of this image.

June 15, 2009

Another Prediction Winner

First check any sports website to see who won the NBA championship last night. When you're finished, check my December 1, 2008 prediction. Please note the time difference between prediction and reality. Thank you - and GOOD MORNING.

June 4, 2009

Roots of Financial Disaster

This is from a post today by Andrew Leonard:

"Countrywide's example makes a mockery of the idea that government pressure to expand low-income and minority housing can be blamed for the housing boom and bust. Countrywide watered down its underwriting guidelines and gave mortgage loans to anyone who could sign a piece of paper for one reason, and one reason only -- to generate revenue...Growing market share kept Countrywide's stock price high. Wall Street's appetite for securitized mortgage products meant it could unload whatever bad loans it had made as fast as it could repackage them. Government mandates to increase homeownership hardly appear to be a significant factor in Countrywide's sage of greed and stupidity."

June 2, 2009