Archive for October, 2009

Halloween Fun : Top 10 Things that Scare Me

October 31, 2009
By Illiquid Assets
Halloween Fun : Top 10 Things that Scare Me

In honor of our observance of a Celtic Druid ritual of Samhain on the eve of the Christian All Saints Day I have a list of The Top 10 Things that Scare the bejeebies out of me, real or not. Snakes – all snakes, kick it up with a swimming snake for extra scare...
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Posted in Uncategorized | 1 Comment »

Chicago to become a City of Rats

October 30, 2009
By Illiquid Assets
Chicago to become a City of Rats

Chicago takes a big step in trying to enforce the tax code, and are about to put their foot right in the middle of a stinking pile of “who would have thought that would happen”. Seems the City of Chicago and Cook County are using some free-market “incentives” to crack down on businesses evading...
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Posted in Politics | 2 Comments »

GMAC Needs 5.6B by November

October 28, 2009
By Illiquid Assets
GMAC Needs 5.6B by November

At the risk of being an “I told you so” type of person, who am I kidding? I am exactly that type of person and yes, I told you so. GMAC the financing arm of Government Motors (Formerly General Motors and previously Generous Motors) needs another little teeny bit of taxpayer money to keep...
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Posted in Economy | No Comments »

Healthenstein – It’s Alive! Alive!

October 26, 2009
By Illiquid Assets
Healthenstein – It’s Alive! Alive!

Senator Harry Reid (D) the Senate Majority Leader has, just in time for Halloween, reanimated the rotting corpse that was the public option and added the behemoth back into the senate healthcare bill. Behind closed doors and possibly in a Secret Laboratory in the sub-basement of the Senate the Democratic Caucus today lead by...
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Posted in Economy, Politics | 1 Comment »

Targeted, Timely Stimulus – Just not for America (Updated)

October 26, 2009
By Illiquid Assets
Targeted, Timely Stimulus – Just not for America (Updated)

With the ranks of the unemployed near 10% in the United States the President and the Congress are mulling new ways to stimulate the economy and create jobs. To that end President Obama has finally decided to take action and has created a fund to foster entrepreneurship and innovation, unfortunately it is for the...
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Posted in Economy | No Comments »

Obama is Convinced Winner of Clean Energy Race will Lead the Global Economy

October 24, 2009
By Illiquid Assets
Obama is Convinced Winner of Clean Energy Race will Lead the Global Economy

The problem with that statement is that Clean Energy Countries with over 50% of their power coming from renewables are not leading the world economy, even nuclear power which is the medium term answer for America does not seem to boost ones ranking, so how can the President be convinced that Clean Energy Development...
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Posted in Economy, Politics | 4 Comments »

Yes Virgina there Will be a Santa Claus

October 23, 2009
By Illiquid Assets
Yes Virgina there Will be a Santa Claus

I have been blogging about the economy for over a year now, and I have been fairly accurate with my analysis of the situation. As some examples I stated that pent up demand for everything and reductions in inventories, combined with forced back to school spending and relocations for work and school would be...
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Posted in Economy | 3 Comments »

Obama has a Secret Meeting and it is Not News?

October 22, 2009
By Illiquid Assets
Obama has a Secret Meeting and it is Not News?

This little bit of information comes from my “How is that Hopey Changey thing working out for you?” file. Imagine if the President had a secret meeting with a group of people representing a important institution, by Invitation Only, a meeting that lasted two and a half hours would a journalist not be a...
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Posted in Politics | No Comments »

TARP: "I have Altered the Deal, Pray I do not Alter it Further"

October 21, 2009
By Illiquid Assets

This famous quote from Darth Vader in The Empire Strikes Back seems to encapsulate today’s news that the newest Lord of the Sith Darth Obama has had his apprentice Pay-Czar Feinberg issuing new compensation restrictions for the TARP recipients who received the most tax-payer funded bailout money. The pre-release buzz ahead of the official...
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Posted in Economy, Politics | 5 Comments »

DOJ Gone Wild

October 20, 2009
By Illiquid Assets
DOJ Gone Wild

Those wacky guys over at the Department of Justice are traveling the country and have been caught doing some pretty wild things. Follow along and see what antics those crazy kids with the Justice Dept windbreakers have been up to of late. Dressing up, stepping out and over turning is all part of a...
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Posted in Politics | No Comments »

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