http://www.thetruthshallsetyoufree.net Never stop questioning the Status Quo Tue, 02 Dec 2008 00:40:36 +0000 http://backend.userland.com/rss092 en A lot can happen in a month. A new president gets elected based on the mantra of change, but immediately starts staffing his cabinet with hardcore Washington establishment players. Citigroup gets a bailout. The Big 3 automakers fly in on their corporate jets and ask for a bailout but get ... http://www.thetruthshallsetyoufree.net/?p=54 After two years of constant buildup, we'll finally learn who the next president of the United States is. I don't know about you, but I'm sick of all the political games and ready for it to finally be over. It seems the market feels the same way, as it's been ... http://www.thetruthshallsetyoufree.net/?p=53 Karl Denninger on why you should stop paying your mortgage: Stop Paying Your Mortgage Today - [The Market Ticker] I love the subversiveness of this. Of course, just as Karl insists, you should only consider this if you have a "no-recourse" mortgage and can take a hit to your credit score, but ... http://www.thetruthshallsetyoufree.net/?p=52 Haven't posted in a while because I've been sitting back watching the wild market gyrations, trying to get a feel for if the bottom is really going to drop out from under us or if the fall has run its course in the short term and if a bounce is ... http://www.thetruthshallsetyoufree.net/?p=51 NY Times has an article that illustrates the perils of oil dependence for countries other than the US, for a change: 3 Oil-Rich Countries Face a Reckoning - [NY Times] The article examines the potential crises in Venezuela, Iran, and Russia, all three of which were empowered by the recent climb in ... http://www.thetruthshallsetyoufree.net/?p=49 Two topics caught my eye this morning. The first is a piece from the NY Times on nepotism between Wall Street, especially Goldman Sachs, and Washington: The Guys From ‘Government Sachs’ - [NY Times] This of course is nothing new. There is a long history of incestuous relationships between lobbying, big businesses, ... http://www.thetruthshallsetyoufree.net/?p=48 People want to know what caused this crisis, and more importantly, how to fix it. Everything we've heard from our leaders in Washington has been wrong, and that is why the market is not responding to the "rescue package" (read: Wall Street bailout) and to the billions of new dollars ... http://www.thetruthshallsetyoufree.net/?p=47 I started getting interested in the stock market back in 2000, when people were still making millions in tech stocks and the mania was close to its apex. I decided to open a brokerage account, and promptly lost $800. So I pulled my money out, and decided to learn what ... http://www.thetruthshallsetyoufree.net/?p=46 Mr. Rithotlz at The Big Picture brings us the story of Andrew Lahde, a manager of a small California hedge fund that returned 866% betting on declines brought about by the sub-prime crisis, and his resignation letter with a big F-U to those who deserve it. "May meritocracy be part ... http://www.thetruthshallsetyoufree.net/?p=45 Karl Denninger has a great post on the fraud being presented as a bailout or "rescue package" and the level of corruption involved: The Fraudacity Of American Finance - [The Market Ticker] Some points: Banks are not going to use the government-injected money to lend out. They are going to hoard it to ... http://www.thetruthshallsetyoufree.net/?p=44