NY-Times
The NY Times Stinks at News Analysis
Should General Motors file receive a financial bailout from the U.S. government, or should it be left to deteriorating market conditions that will lead to a bankruptcy filing? This is the question put forth by a NY Times “News Analysis” piece entitled “G.M.’s Troubles Stir Question of Bankruptcy vs. a Bailout .” Unfortunately, this article [...]
Naval Follies
The New York Times reported that boisterous Venezuelan
President Hugo Chavez announced Sunday that his nation could
participate in naval exercises with the Russian navy before the
year is out. This is actually just the latest development in a tired
and pathetic battle being waged by the US and Russia- two
countries that cannot afford to waste resources on cold [...]
Dollar Sniffers- by Greg Strid
Crude oil futures swooned to a hair above $105 a barrel
before closing at $109.71 yesterday. At the same time,
the US dollar rallied and held most of its gains against
major currencies. (The greenback is trading at a seven-
month high against the euro and a two-year high versus
the British pound.)
As far as the US dollar’s rise [...]
Wall Street’s Wild Ride
Stocks started the month of September with a wild, manic ride.
The Dow rocketing over 200 higher in early trading, fueled by
news that Hurricane Gustav did very little damage to the many
oil and gas platforms that dot the Gulf of Mexico. (It also spared
New Orleans, veering to the west instead of adding to the
devastation that [...]
Coffee Talk- by Greg Strid
I am completely and utterly addicted to coffee.
Starting the day without an English pint-sized
glass of iced coffee (with beyond generous amounts
of cream and sugar) would be unwise to say the
least, and a crime against the natural order of the
universe, if I am allowed to exaggerate a touch.
I have glanced at many hideous sounding reports
concerning the [...]
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