Real Estate Listings from England: Silly-Saturday Reading

Browsing current property auctions is a part of covering investment news and information in markets both domestic and abroad. The ones below did not provide too much in the way of usable information but they were quite hilarious and, thus, still sort of a good read. Let’s go ahead and hire a real j-A-rk then — preferably to be a real estate agent (and come up with things like in the next listing pictured below). It appears that Anglian Water Services Ltd are auctioning off their family silver. Indeed — good to know: the listing particulars state that the site...

IMF’s Christine Lagarde Calling for Outright Government Theft

Christine Lagarde, chair person of the IMF, has called for making the “Cyprus Solution” of confiscating portions of savers’ cash in bank a common government policy. Piggybacking on last week’s call by the IMF for setting up an agency that would be responsible for either closing or salvaging troubled banks across the continent, Mrs Lagarde’s proposed “funding” such an agency with money drained from savings held by bank customers. Mrs Lagarde’s ingenuity and arrogance seems to be boundless, to say the least. (It is equally obvious that her knowledge of real-world economics, on the other hand, is painfully limited.) The proposed...

Debt Ceiling Games: U. S. Government Shutdown “Imminent”

The U. S. government is going to be broke in a few days — again. Players in Washington, D. C. are pretending to be in a feverish battle to “save the country”. It is all fraud and ridicule though — hardly surprising as the very person of the current president is, too. What is happening now in Washington is a childish squabble between two allegedly different ideologies without any grown ups in the room. Americans should throw all the Republicans and Democrats out of office. They are absolutely not helping America move forward and get back on its feet again....

Why Amazon Marketplace Orders Might Be Dangerous to Your Health

Amazon.com has been all the rage for many years now. Notorious for burning through investor money and venture capital for a period of over ten years, Amazon.com dominates most every consumer market there is, and it has increasingly established itself as The Top Address for online shopping. That this has been achieved largely by killing off any kind of “competition” — and also at a high cost to Main Street, to the overall employment situation, and to small business in general — is not meant to be a matter of concern in this article. Though regrettable, it could also be...

Pathetic “Mission Creed” and Why the Executive Needs to Be Checked

Ongoing revelations about the U. S. National Security Agency (NSA) and its routine disregard of Due Process as well as all other fundamental constitutional as well as general human rights-related rules show the probably cause of the agency’s way of acting. Art Greenwald, Pulitzer Award-winning journalist and publisher of Edward Snowden’s documents explained in a recent interview what motivates NSA agents to constantly break all kinds of legal regulations, political rules, and common sense. Rather than any kind of “conspiracy”, the problem with the NSA’s out-of-control behavior is rooted in a pathetic sense of “Mission Creed” among its personnel. That...

Financial Endgame in Europe Accelerating

Italian banks have been ordered by the Italian government to withhold a 20% “tax” on all inbound wire transfers. This confiscation order is retroactive and put into force from 1 February. Il Sole reports, that “the deductions will be automatic (unless there is a prior request for exclusion), and then it will be up to the taxpayer to prove that the money is not of the nature of compensation ‘income.'” The ruling means that all Italians are now suspected to be money launderers and tax evaders, unless proven innocent. On top of the retroactivity of the executive decree, it is...

The Right Kind of Mix: What True Diversification Should Be Like

Diversification always needs to be across different Asset Classes. Only buying stocks from different industry sectors is usually considered “good diversification” these days — but actually is not diversification at all. (All are in the same asset class, naemly stocks, a paper investment.) Finally, some people appear to awake to more prudent measures. In light of Bitcon and other Crypto coins, which may well be an emerging new asset class of their own, there is an easy rule of thumb, “Bitcoin for Transactions, Phyzz for Storing Value/Asset Protection”! Actually, I would even go A BIT (pun intended), as in a...

Overstock Boosting Sales with Bitcoin

The first big name retailer in the U. S. to accept crypto currency payments in Bitcoin are Overstock.com. The company announced in late 2013 that all items would soon also be payable using Bitcoin. moving faster than expected, the company signed an agreement with a merchant service provider for clearing services and deployed Bitcoin payments during the last week. Customer response seems to have been overwhelming: within 21 hours, the company had taken 780 online orders from customers paying with Bitcoin. The total sales volume of these orders was $1.24 million. Not bad for one day — and for some...

Radio Days?

The media landscape is profoundly changing. BBC Worldservice, Voice of America, even CNN — they are all on their way out. It’s the old players’ own fault: instead of preserving the tested and proven look and feel of days gone by, the BBC, for example, have largely thrown out their cherished user experience (for example, the old steam-radio-style Signature tune played before the world news as well as s host of other melodies and popular programs altogether). This — often pathetic — attempt to “appear modern” at any price has largely failed and proved to be a gamble that did...