Category Archives: Business

Oil Prices… swimming in supply

Suddenly, the relationship between Brent (North Sea) Crude and West Texas Intermediate has shifted. For decades, Brent has traded at a discount to WTI and now it trades at a premium. The excuse? Well, Brent is more easily exportable. And … Continue reading

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Amazon leaving Texas because of Perry and Combs

Citing an ‘unfavorable regulatory climate’, Amazon.com announced today that it will be closing it’s fulfillment center in Irving scrapping plans for additional centers in Texas which would have brought tens of millions in capital investment and more than 1,000 jobs … Continue reading

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AIG: We like Red States and Pawlenty: Integrity? Now what does that mean?

Robert Benmosche, the CEO of AIG had this to say… “All of the states where we’re a leader, where we’re the No. 1 insurer, are red states, all of the states where we’re at the bottom are blue states,” Benmosche, … Continue reading

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You know all that regulation…

… conservatives have been complaining about? Turns out that without it in the financial services sector, people tend to rip others off. The New Yorker has this piece up about investing in China and how the lack of regulation gives … Continue reading

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Pass It On

Who’s the opposition and what they say is no big news. Same old same old for decades. This is a novel idea that could gain traction in Texas, especially in Austin. Share on Facebook

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A whole day of Dumb : Idiots And Fools Speak!

We’ll start our exploration of the full on retarded with a look at Ross Ramsey’s rather obsequious interview with Dick Armey. Armey is former Congressman who lost influence to Tom DeLay, is a lobbyist and is now positioning himself to … Continue reading

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Bill Hammond shifts his weight in effort to hurt White

Yeah, this is going to be a post as riddled as possible with Bill Hammond Is Fat jokes. Why? Because they never, ever stop being funny. Bill Hammond, the ogre at the top of the Texas Association of Business (we … Continue reading

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Wankers

Seems that Brits have their knickers in a twist about the USA’s criticism of British Petroleum. Some of them claim that this “anti-British rhetoric” is causing a severe drop in the company’s stock and that no dividends will be paid … Continue reading

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The evolution of privacy on Facebook

One of the many reasons why I’m less and less interested, daily, in Facebook. Share on Facebook

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Reg Reform : What fresh hell is this?

Sen. Lincoln’s bill to spin off derivatives businesses of the banks survived yesterday, despite the efforts of Saxby Chambliss and the Republicans. Obviously, there are going to be some modifications to this proposal, probably something that allows the banks to … Continue reading

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