If you search your favorite news aggregate for “US housing market”, you’ll find a whole mess of headlines guaranteed to make you feel good about that crappy McTractHome you might have bought at the height of the real estate orgy….
Posted on: September 3rd, 2009 | Comments (25)
News about the economy has gone from apocalyptic to merely bad. Stock indexes and commodity prices have been on a five month tear. Hints are showing up that at least the worst of the home mortgage disaster might be over. Unemployment is still…
Posted on: August 10th, 2009 | Comments (10)
Everything the real estate industry tells you is a hustle. No industry is more geared toward pumping up the positive and burying anything remotely negative, leaving you — and truth — out in the cold. The crash has not made…
Posted on: June 16th, 2009 | Comments (17)
Every now and then I run across some important finance type saying something so patently crazy, such a complete howler, that it just stops me little brain. The most recent one of these was from Myron Scholes in the New…
Posted on: May 20th, 2009 | Comments (16)
The results are in and, completely and utterly to no surprise at all, the US banking system is in decent fundamental shape. Yup, Dr. Geithner and Nurse Bernanke had the 19 largest banks in the US drop trow, grabbed their…
Posted on: May 8th, 2009 | Comments (17)
One of the things Wall Street does best is confuse people. They are brilliant at it, making simple things seem complex. So today we’re going to go over one of the things they’re trying to make obscure and make them…
Posted on: March 12th, 2009 | Comments (23)
There aren’t a huge number of constants in the world of finance. First of all, that word, finance, includes a guy sitting in a cube cold-calling retirees while he’s working at Fidelity. It also includes Larry Fink, the CEO of…
Posted on: February 24th, 2009 | Comments (13)
Listen to the Radio War Nerd podcast [subscribe here] with guest Gunnar Hrafn Jonsson of Iceland Public Radio on the massacre in Orlando and how online Islamic State jihadis are dealing with battlefield defeats and the shrinking caliphate. Subscribe to Radio War Nerd through the show’s Patreon page.
The truth is, it was no surprise Younes got shot. He was an old Qaddafi enforcer who’d made a lot of enemies, and he did one of the most dangerous things a general can do: Change sides in the middle of a civil war.
Well, that was a quick takedown. One of the strange things about Libya was the pacing. It needed a good editor, because it started fast, then bogged down, and then just when everybody’d given up and gone to get some caramel corn, the credits started rolling.
Rep. Darrell Issa got busted hiring a Goldman Sachs VP, Peter Simonyi/Heller, who changed his last name to hide his Goldman Sachs past in favor of his fascist Hungarian grandfather’s past…The War Nerd explains why Simonyi should be much more embarrassed about Grandpa Heller…
I’m back, thanks to the don’t-call-it-a-depression. Thanks to this brief correction in the US economy, then. My new job lasted three months. I did all the right things, too, even smiled. Didn’t matter. I was the last hired, and you…
For your reading pleasure, The eXiled is reposting one of the War Nerd’s most famous–and hilarious–episodes: The epic battle pitting Gary Brecher against neocon historian Victor Davis Hanson, guru to Dick Cheney and “Scooter” Libby. Like Bull Run, this battle…
Watch The Dylan Ratigan show weekdays at 4pm EST. Also, check out Dylan Ratigan’s podcasts…
The second I had to quit daily blogging they got Osama. That was just one of the joys of starting a new job: Seeing all that great material wasted on mainstream journalists who have got to be the dumbest, most…
