CHESSNOID

Random Noid Musings

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More Rooms Than Guests

I know the Dubai Debt Debacle was the biggest news on the stock markets yesterday and then it is Black Friday.  I am not sure how big of an effect they will have on the US economy.  On top of unemployment and foreclosures, I think the commercial side of real estate is about to make [...]

Happy Turkey Day!

Thanks for stopping by.  I wish you and your family a happy Thanksgiving.   After I wished him a happy turkey day my friend text messaged me back:  ” Have a great celebration of the massacre of indians.” How odd but true.

Anyways, I am thankful for being alive, having a perfect wife to share [...]

Peter Schiff video Gold, Geithner, Roubini, the Fed, Housing * 11.20.2009

I do like his analysis on the overall economy.  If you don’t like economics, then this will be very boring for you. If you like economics like I do I think you will appreciate his views.
At about the 3 minute mark, Schiff starts to talk  about gold and Geithner’s recent testimony in front of Congress.  [...]

Bankruptcy filings in federal courts jumped by more than one-third this year

The public record on the number of  bankruptcies is on the rise which corresponds to increase of credit card delinquencies.  Even though we have reports that say delinquency is going down from the credit card companies, it is obvious they are being deceptive to their investors.  As long as unemployment stays high and continues to [...]