American Madness

Intelligent Criticism in the Service of a Better Nation

Housing Bubbles and Other Troubles

Is your home overpriced? You could be a victim of an impending bubble collapse.
A recent report from Bubble Butt Consulting said ?sixty-five of the nation’s 299 biggest real estate markets are severely overpriced and may be subject to market corrections.?
No kidding. Some of these markets are absolutely crazy. For example, [...]

Pyrite

brokers, who profit Gold trades, are innapropriately pushing the commodity as a true hedge against chaos

Enron End Run

Richard Causey copped a plea.
The Enron accountant pleaded guilty to two counts of securities fraud and conspiracy and one count of being fat. He must now help convict former bosses Kenneth Lay and Jeffrey Skilling, who were the Smartest Guys in the Room, not the heftiest.
Causey had cause to rat on his [...]

Stocks

It was a rough day on Wall Street, as stocks tumbled down the staircase and out the front door, scaring the shit out of the cat.
First out was AT&T, which broke a tooth and lost its ampersand. The Dow Jones Industrial Average lost 38 points. New York City Detective Sergeant William Miller said the [...]

Change the Chanel

Any progress I might arguably have made as an individual since leaving college has now been barbarically destroyed by the last three days spent working from home during the subway strike have caused me to revert to a troglodytic state of grunting simian anarchy. (My writing has also devolved, as evidenced by the preceeding run-on [...]

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