Humor: How Capitalism Will End
There’s in interesting quote in the New York Times today:
“Banking should not be exciting. If banking is exciting there is something wrong with it.”
- Clay Ewing, President of German American Bancorp.
- Bank Of America Buys Countrywide To Save On Taxes Bank of America (BAC) recently announced it would be buying Countrywide (CFC) for $4.1 Billion putting an end to rumors that CFC was considering bankrupcy. Apart from gaining access to CFC's technology, banking business and god-only knows what it has thats of any worth, Bank of America will also inherit......
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Thinking Of Robbing A Bank? If you're thinking of robbing a bank, you'll probably get less than $50,000 and more than likely get shot in the process. The more well-read crooks among you might instead try the Museum of American Finance, located at the site of the original Bank of New York building dating to...... - Bear fund managers warn against short sales Here's an interesting article from Bloomberg. I don't agree with it, but then again I didn't make 74% returns last year, nor do I run a multi-billion dollar fund. Steven Leuthold, whose Grizzly Short Fund makes money for investors by betting companies will fail, says he wouldn't invest in his......
Related Websites
- Circuit City Files for Bankruptcy - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times via Circuit City Files for Bankruptcy - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times Circuit City Stores, the struggling electronics retailer, filed for bankruptcy protection on Monday, becoming one of the biggest, best-known corporate names to collapse amid the faltering economy. Circuit City filed......
- Consumers Need to Exercise Caution as Credit Card Rates Climb Many consumers are finding that even though they have had the same credit card for years, and have paid the balances off completely every month, their monthly statements are suddenly appearing with a surprise: An interest rate hike by as much as three percentage points. Some consumers are not worried......
- United Nations Eyeing Your Family's Money WedNEWSday - February 18th, 2009 The World Bank and The UN are making a pitch to raid the bailout funds, under the grand illusion of "preventing 400 million Asians from falling into poverty." I'm sure you have no problems with your, your children's, and your grandchildren's money being in the......
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May 13th, 2009 at 6:52 am
That was a great cartoon on Sunday. Thanks for posting it! I had planned to scan it to send to friends, but you saved me the work. Do you mind if I post it on my blog (link it?)
May 13th, 2009 at 6:00 pm
[...] Capitalism Will End May 13th, 2009 FROM LIVING OFF DIVIDENDS Related Blog LinksHumor: How Capitalism Will End | LIVING OFF DIVIDENDS & PASSIVE INCOMEt r u t [...]
May 17th, 2009 at 2:11 pm
Funny cartoon, but on the real note…I don’t think Capitalism will ever end. People will always have that desire to do more than the next guy with less! That is why I plan to retire at 25, and you can only do that in a capitalistic economy.
May 27th, 2009 at 3:29 am
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