November 2005 Archives

November 28, 2005

No It's Not!

November 18, 2005

To Pension or Not To Pension?

Be it a question? Very informative article on the history of pensions in the U.S. here. I am not done reading it yet, but it is of some pertinence to me since I was notified yesterday my pension benefits had been "frozen," as a partial result of my employer filing for bankruptcy a couple months ago. I don't sense I am in any immediate financial trouble personally, but something tells me the crap is starting to hit the fan pretty hard in the U.S.A. of late. Did you know the negative effect of the bursting housing bubble will be worse for you than the 2001 stock market crash? When Freddie Mac and Fannie Mae go down, we will all be left holding the bag. It is not a small bag. Also, the U.S. dollar is substantially overvalued right now (about 30%, so I hear) and is due for a downward correction in the very near future. "Laugh while you can, monkey boy!" - Lord John Whorfin

November 10, 2005

Deep Housing Thoughts