Month September 2011

I lived in southern California for many years and experienced some hellacious wildfires. But as bad as they were, they pale before what Texas is going through now. The fire near Austin destroyed 300 homes in one day. You’d had…

Major indexes are down over 5% with some big banks down 7-8%. Greek 1 and 2 year bonds are trading over 50% on yield. That’s not a yield, it’s an implied recovery on a default which the market now says…

May 1 as a holiday for workers began in the United States. That’s right, the United States. It was born in, and commemorated, the struggle for the eight hour work day. In the late 1800’s the union that became the AFL,…

The fee is for re-examining food where there was a violation during the first examination. Yet FDA may not actually examine the food the first time. It get murkier. The new regulations may be so broadly worded that the $224…