Sean’s Rant

This is the first article in a while that I have seen that is close to getting its arms around the situation from a logical point of view, without letting extreme emotion could the real issues. 

It seems that we are a mixture of democracy, capitalism, socialism. Does anyone have any ideas or maybe an idea for one term?

I linked a few articles below that I liked, usually I would just share them on Google Reader, and since I was on my mobile I couldn’t share them on Reader. I could ignore them but I found all 3 interesting. 

Short Selling, a defense. This is the first defense of short selling I have seen. 

Remember the scene in Fight Club when Tyler Dirden is on the phone with Marla Singer and she tells him he is Tyler Dirden? Yeah, that’s what happened recently with the government buyouts. They bought Bear Stearns, with the debt issued to them, even though technically JP Morgan did. Next were Fannie & Freddie, then AIG. The next one: Washington Mutual. “We’ve lost cabin pressure”. WTF?????

There are risks to both alternatives. Although it may seem like the best way to go to start a business over grinding it out as a wage slave, lets do a quick risk-reward analysis.

Wage slaving: There is definitely a risk here, so don’t get confused with this as the low-risk option right away. The risk factors at play here are:

See: Inflation Salary Calculator for a nice tool to calculate what you should be getting based on the beginning of the year starting salary. I think this is going to be a huge issue soon, with the rate of inflation where it is now, and if it continues at this pace, which it looks like it will be doing.