the wealth gap

From The UK Telegraph
“I was at an amazingly swanky wedding in Paris recently,” says Stephen Bayley, the style guru and art historian. “With my pitiable suburban reflexes, I asked another guest where he was from. He said: ‘I’ve just flown in from Ibiza. I have a flat here in Paris, but my real home is [...]

righteous rage

Why the fuck would you give a shit about journalistic impartiality when you can have phrases like, “The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money….” Matt Taibbi, is a journalistic superhero, going after the bad [...]

talking money

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From Germany to Greece, with love….

From The Guardian

After yesterday’s call by two German politicians that Greece sell off islands, historic buildings and artworks before receiving aid, the German tabloid Bild has written an open letter to the Greek prime minister George Papandreou:

Dear prime minister,
If you’re reading this, you’ve entered a country different from yours. You’re in Germany.
Here, people work until they are [...]

telling it like it is

You gotta love Matt Taibi. He’s a one man army fighting a righteous war. This is a must read article for anyone interested in the financial meltdown.
On January 21st, Lloyd Blankfein left a peculiar voicemail message on the work phones of his employees at Goldman Sachs. Fast becoming America’s pre-eminent Marvel Comics supervillain, the CEO [...]

plutocrats get ready

Alice Schroeder in  Bloomberg describes the reasoning behind the desire of  Goldman Sach’s executives to arm themselves
Dec. 1 (Bloomberg) — “I just wrote my first reference for a gun permit,” said a friend, who told me of swearing to the good character of a Goldman Sachs Group Inc. banker who applied to the local [...]

your new home….

Eastern suburbs couples contemplating forking out $600 000 plus for a one bedroom apartment with beach glimpses should perhaps expand their horizons.  For little more than $500 000, leaving them change for a new Prius, they could stretch their limbs out in a Super Dome.  The only problem being that they’ll have to commute from [...]

Rabble Rouser

It was relatively easy to dismiss The Rolling Stone as an old media dinosaur until they got the assassin pen of Matt Taibbi working on the meltdown.  This guy has written a series of excellent articles on the machinations behind high end finance that leave you in no doubt as to the kind of [...]

real estate

Real estate in Detroit is seriously cheap

15818 Virgil St Detroit, MI 48223

Price:
$250
Bed(s):
3
Bath(s):
1
Type:
Single Family Home
Sq/Ft:
1,306
MLS Number:
29040138
Age (years):
-
Date listed on Yahoo!:
October 04, 2009

More property detail

Ghost ships

From The Daily Mail
Here, on a sleepy stretch of shoreline at the far end of Asia, is surely the biggest and most secretive gathering of ships in maritime history. Their numbers are equivalent to the entire British and American navies combined; their tonnage is far greater. Container ships, bulk carriers, oil tankers – all should [...]

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