Petrodollar Recycling, the Bubble and You: Part II

Yesterday, I commented on how we were getting a demo on how some of the money being spent on oil was coming home and speculating on the real estate market. As insightful as that was, it looks like the downturn in the Dubai real estate market is going to dwarf the rollbacks in US cities.Continue reading “Petrodollar Recycling, the Bubble and You: Part II”

Monday News

The operating system for the new Palm Pre, WebOS, is supposed to offer some killer apps. Apart from its wireless charging capabilities is some really intuitive functionality. Supposedly, the new device will use the calendar, which will contain the location, time, and attendees of meetings, and couple all that with your GPS location, to calculateContinue reading “Monday News”

Obama’s Legacy: Cleaning Up After 43

I just read this article over at Salon. I’m a little bummed. I guess, somewhat, because, after the re-election in 2004, I knew this would be the best possible scenario. That after trashing a budget surplus and a supersizing a downsized defense budget, the 43rd POTUS was going to leave my country in such aContinue reading “Obama’s Legacy: Cleaning Up After 43”