California fires
We started seeing smoke from the California fires at the Nevada / Utah border on our way back from southern Utah yesterday, a distance of at least 350 miles. Reno was quite smoky, no visible blue sky, just smoke and…
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Month July 2008
Foreclosures up 53% in June.
Bank seizures were up a staggering 171%. $3.5 trillion in homeowner equity has vaporized since the peak in Spring 2006. By the end of the year between one-fourth one-third of all home sales will be bank-owned. Nevada has the highest…
Fannia Mae, Freddie Mac are “insolvent”
So says a former Federal Reserve President. This of course wasn’t supposed to happen. So, naturally, the Bushies have no contingency plans. Even though a multitude of financial blogs have predicted for months now that this would happen.
Hwy 50, Nevada. The Loneliest Road in America
We’re back in S.F. after a 700 mile drive in one day from southern Utah visiting DJ of Asymptotic Life and his wife. Highway 50 goes through the middle of Nevada. You pass through huge semi-arid valleys seemingly about the…
T. Boone Pickens has a plan
America is in a hole and it’s getting deeper every day. We import 70% of our oil at a cost of $700 billion a year – four times the annual cost of the Iraq war. I’ve been an oil man…