Sober Look

Tuesday, November 22, 2011

Who pays the taxes in your neighborhood?

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Here is an interesting exercise. Download the 2008 tax spreadsheet from the IRS website for your state to see who files returns along wi...

Government vs. the private sector - compare and contrast

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This video was sent to us by one of the readers. It seems to be factually correct, although it would be great to have someone with a stro...

The new IMF facility Is no bazooka

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The IMF announced a new facility today to deal with the eurozone crisis. The member states will be able to borrow short term funds in the...

Spain's yield curve shows desperation

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As Spain struggled to sell short-term debt this morning in an auction that showed how desparate the situation is becoming, the bond sprea...
Monday, November 21, 2011

MF Global failure - asset/liability mismanagement 101

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Let's start the morning with a video of Emanuel Derman being interviewed about MF Global. This is how hype in the media starts. The ...

The Hype Award Goes to Ned Ryun, Founder and President of the American Majority

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Many so-called "grass roots" movements in the US are important as they challenge the status quo and sometimes accelerate positiv...

Sober Look Mobile

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Sober Look Mobile is now turned on using Google Blogger. Hopefully it will no longer crash Blackberries (that job is best left to RIM). ...

NYU Shows us "How to Repair a Failed System"

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NYU Stern recently presented a series of White Papers titled “Restoring Financial Stability: How to Repair a Failed System”. And how exac...
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