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Dear OC hillbillies: thanks for making the air disgusting for ten million people. Have you guys considered putting together a fire department, or is that too "socialistic" and "big government" for people in the land that gave us Richard Nixon? Just wondering.

And, of course, this is all overlaid with the reality of boomer demographics. Not a single financial/econ pundit ever seems to notice the fact that the boomers are declining in lifetime earnings power as these markets decline (or that their lifetime earnings peak coincided perfectly with the...

perky oil, shorts covering equities and moving into new treasury shorts, buying action sparked by tech nerds who liked the double-bottom aspect as compared to the low a month ago. another day, another showing of No Market for Old Men (featuring a preview trailer of the upcoming adaptation...

Kind of a cool graphic: <a href="http://www.sfgate.com/cgi-bin/object/article?f=/c/a/2008/11/12/MNN0142MCG.DTL&o=0&type=realestate">cool sfgate map</a>

Those of you who have read "Liar's Poker" know the story of the invention of securitized mortgages in the early years of the '80s... Now CNBC is reporting that amidst the internal tooth-gnashing and finger-pointing as Citigroup stocks sinks to a market cap under 50 billion, many folks are...

Irvine wasn't a municipality until the early 70s. So it was a relatively easy transition to having a corporation run it instead of a family. Take out the more bizarre elements, and it would be similar to San Jose in recent history, though a little less educated and tech-based. The idea...

you're going to find stressed-out people everywhere. that's what happens when the top industries in a region get crushed and every kind of asset (except bonds) loses 10% each and every month. and you're not going to find old, established money in OC, or any of the cultural institutions that go...

Talk about shooting yourself in the foot - I've never been the biggest fan of Laffer-type economics, but how can someone not look for out-of-state options on almost every purchase? This is just the biblical plague small businesses (and consumers) need now.

The answer to the question is 'trailing crude' - use a ridiculously long trailing average of the west texas or brent contract (like 8 or 9 years) and you will get a MUCH more honest answer to this question (what is inflation) than the CPI.

Cherry pick 7 years back instead of 3 months, it looks a little different. Equities have now confirmed the trends of 1973/1974 as repeating IMO. Look at DIG in the past few weeks, or exxon - even with this week's pullback, they're still way up. So, IMO, a dangerous time to think the...

So isn't Volcker a little old for SoT? Will Obama give Bernanke the boot? It really seems like the post-Hanky Panky Treasury seat may well be the second most powerful position in the country. Being in charge of a trillion dollar candy store is quite a job.

i've successfully played the spx 900-960 range a few times now in the past month (mostly with commodity based and emerging stuff like UYM, DIG, EEM and RSX), and should be happy that we'll all get another shot at that play, but instead I just feel queasy. i've occasionally got into the...