The Games Never Stop

Posted on April 14, 2009 by the editor

Meanwhile, back in the US, Goldman recorded super earnings in the first part of the current fiscal year, announcing Q1 earnings of $3.39 per share, well above the consensus expectation of $1.64. Except that they didn’t. Buried in the small print, it appears that as the Easter Bunny was delivering candy and eggs to children all over the world, he also desposited a small turd in the GS income statement. In December, which magically falls outside the aegis of any reporting period (falling through the cracks, as it were, in the transition from investment bank to bank holding company) , the firm lost $2.15 per share. Add that to the Q1 earnings figure, and you get a result that is comfortably lower than consensus.

This is why they need to use the lash

Posted on April 12, 2009 by ape man

Watch this clip and be thankful that you don’t have the job that these marines do. I would be shooting people left and right.

Poem of the Week: 4/12/09-4/18/09

Posted on April 12, 2009 by the editor

Isaiah 53: 1-12 is this week’s poem of the week.

Rant of the Week: 4/12/09-4/18/09

Posted on April 12, 2009 by the editor

Hilaire Belloc did not like cats.

Essay of the Week: 4/12/09-4/18/09

Posted on April 12, 2009 by the editor

It is all too easy to hear of a mass shooting and to just think of the victims as being numbers. The latest essay from Cloudy Day Writing provides a corrective to that way of thinking.

Links For Today

Posted on April 11, 2009 by the editor

The End of the World Is Nigh Again. (A post arguing that the market is due for another major correction).

The Fruits of China’s One Child Policy. We all know that there is going to be more males than females in China because of the one child policy. But the figures keep getting worse and worse.

The US electrical grid has been penetrated by Chinese and Russian Intelligence agencies according to the Wall Street Journal.

Links for Today

Posted on April 10, 2009 by the editor

Scary Facts About Public Pensions

A Cure For Global Warming

A Cover Up That Is Mandated By The Fed.

The French Are Making America Look Bad

Posted on April 10, 2009 by the editor

From the Telegraph…..

As a multinational force off Somalia built up its military muscle, French forces staged their rescue after talks broke down.

One hostage and two pirates were killed and three other adults and a child on the yacht, the Tanit, were rescued six days after it was seized by pirates in the Gulf of Aden, a spokesman for Nicolas Sarkozy, the French president, said.

Meanwhile, the pirates defy America….

”

We are not afraid of the Americans,” one of the pirates told Reuters by satellite telephone on behalf of the gang holding the captain.

“We will defend ourselves if attacked.” A pirate commander onshore in the Somali pirate town of Eyl said that preparations were being made by other pirates to set sail to help their beleaguered friends.

“We are planning to reinforce our colleagues who told us that a navy ship was closing in on them and I hope the matter will soon be solved,” said Abdi Garad. “We are making final preparations and will try our best to save our friends.”

Speaking of beleaguered, The Belmont Club remembers all hostages that nobody seems to care about. It is a useful counterbalance to all the news coverage being given to the captured American captain.

Deportation and Death

Posted on April 7, 2009 by rundy

Armenians On Deportation March (source)

This is what loosing everything you had looks like. This is what facing starvation, and death looks like. Between 600,000 to 1.5 million Armenians were killed in the Armenian genocide. Is this a bit of history you aren’t familiar with? Read more about it(1).
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(1) http://en.wikipedia.org/wiki/Armenian_Genocide