Iron Fist - Shoes Meant For The Trendsetters By: Kavin Howard | - Iron Fist shoes have been setting trends, redefining boundaries and raising bars since 2001. The owners of the brand, Mike and Travis are friends and avid surfers, who love street art and culture, music, skateboarding. They wanted to create a line which will define rebel and attitude. With no advertisement campaign and sheer creativity and hard work, Iron Fist managed to create just that for last 10 years. They started their first outlet out of the trunk of Travis car and now have international ... Tags:Iron Fist
Will The Pension Time Bomb Set Off A Crime Explosion? By: J. Litle | - When state and local budgets fall short, services are cut. That means critical services like police and fire and transport... and with the pension crisis looming, the unkindest cuts of all still lay ahead.
Diane Cunningham of Colorado Springs, Colo., no longer has a flat-screen television. She decided to sell it... so she could buy a shotgun.
Colorado Springs shut off a third of its streetlights this past winter, The New York Times reports, in order to save $12 million on elec ... Tags:pension, federal government
Warren Buffett Goes Down With The Credit Ratings Agencies By: Justice Litle | - The bad behavior of the credit ratings agencies was a root cause of the global financial crisis. As TV pundit Charlie Gasparino put it, they have "the most corrupt business model in corporate America."
The "big three" credit ratings houses Moody's, Fitch and S&P have a special mandate from the government. They alone have official sanction to determine the creditworthiness of an investable debt instrument.
This mandate equates to a highly profitable monopoly because many bond ... Tags:credit rating agency, investable debt, Taipan Daily
Criminal Charges Could Cut Bp's Stock In Half By: Justice Litle | - Fallout from the BP oil spill is spreading. And far from being "cheap" as some pundits suggest, BP's share price could implode if criminal charges are filed.
It's not looking good for British Petroleum... or the Gulf of Mexico. In fact it's looking like an outright disaster, about as bad as we feared.
And BP's stock "" which a number of armchair contrarians quickly dubbed as "cheap" in the aftermath of the Deepwater Horizon spill "" is at risk of being massacred.
There is, of course, the fashion in which small-cap stocks have been gapping down and away from large-cap blue chip stocks, as skittish investors seek stolidity over growth a sure sign, Justice notes, of exhaustion on the part of the bulls.
I dont know how much longer investors will find respite in blue chips, mind you, because these stocks s ... Tags:
After 18 months of recession (and three months of growth purchased wholly with borrowed and invented money), and with official unemployment slated to remain at roughly 10% for the foreseeable future (and unofficial unemployment somewhere closer to 20%), three iconic marketing giants have stepped up to the plate, squinted steely-eyed at the pitcher, and swung for the fences.
This American company has gained 777% the old-fashioned way: selling junk in backroom deals.
As regular readers know, I am a Ford man.
Back when I was a kid, you had to make three really important choices. First, you had to pick a political party. Didn"t matter how well you knew the candidates "" you picked a party and that"s what you were. Tags:Ford, Goldman Sachs, Geely
Like so many other major financial players, Bank of America (BAC:NYSE) has an office in Washington D.C. I dont mean a branch office, but rather a shop full of sharp guys and gals dedicated to assuaging various regulating agencies and occasionally promoting the banks agenda to the White House and on Capitol Hill.
We are told that this was a sleepy little outfit a few years back mos ... Tags:Washington, Banks
I could start out todays column by telling you all about how official unemployment is at a 26-year high at 9.5%. I could go on at length as to how unofficial unemployment may very well be double that and wed never know. Washington regularly moves entire cadres off the unemployed list, once they are satisfied that they have no hope of finding employment.
The Hot Zone Is Here By: A. Lass | - These facts are not subject to dispute. And they could earn you as much as 236% gains.
Our task here at Taipan Daily is to keep you apprised of the important things that are just out of view.
Sometimes these are hard-to-find bits of information from overseas. Or perhaps a critical thread is concealed within a cloud of complex information. Frequently they are ugly truths that have been deliberately hidden by obfuscating bureaucrats or hyperbolic CEOs.
Taipan Daily: Stealing The Crown's Prerogative By: A. Lass | - As regular readers of this column know, I am an avid reader of history. An episode of particular interest to me is the long tussle between France and England during the mid and late 17th century. This period fascinates me, because you can make a strong argument it saw the birth of modern financial practice.
It also foreshadowed the inevitable end of reliable currency.
At one point in this struggle, Spain and France had a stranglehold on the source of all wealth ... Tags:U.S. Treasury, Currency
The Invisible Plague By: A. Lass | - There is a myth in this biz that if it bleeds, it leads. The idea is that what truly makes mainstream media moguls happy is guts, gore and conflict. Drama sells, and sells well. Death, war and sex sell even better.
Its commonly held that when Frederick Remington cavilled to William Randolph Hearst that conditions in Cuba were not bad enough to warrant hostilities, Hearst told Remington to shut up and draw: You furnish the pictures and I'll furnish the war.< ... Tags:Swine Flu, H1N1k, WHO, Gains, GSK
The Keynesians only know one trick: crush the dollar, and then crush it some more. Editor Adam Lass examines Keynesians hold on the levers of power and how Taipan Daily readers can profit.
I have to begin this column with a confession. For some weeks now, I have been making fun of George A. Akerlof and Robert Shillers book, Animal Spirits, ... Tags:Consumer, Dollar, Gold
Taipan Daily: The Great Oil Price Shell Game By: A. Lass | - The shell game is one of the oldest cons on record. Greek historians tell of ancient Egyptian slicksters stripping rubes of spare coins in the shadow of the pyramids. We have concrete evidence dating back to 1670, wherein Richard Hull writes of rogues cheating farmers at thimblerig at ye old faire.
The con was supposedly brought to the colonies by a Dr. Bennett, who was infamous for his ability to hide a pea amongst three walnut shells. Jefferson Randolph Smith a.k.a. Soap ... Tags:Oil Price, Crude, Dollar
The Future's So Bright... By: Adam Lass | - Is stealing 177% from summer-dazed investors ironic? You betcha!
“…I gotta wear shades.”
Who says only Gen Xers can appreciate irony? Heck, François-Marie Arouet (a.k.a. Voltaire) was writing about “the best of all possible worlds” back in the heady days of 1759, when snotty wit like that could get you strung up by your thumbs in the Bastille.
Still, the line from Timbuk3’s 1986 hit by that name is particularly apropos – an ... Tags:dollars
Were not looking at the kind of money a major bank or a Wall Street brokerage can lose when they really set their minds to it. If those guys cant flush a couple of billion a quarter down the crapper, then they just arent trying very hard.
Perhaps GT should look into the 24-karat gold plated office desk Giorgio Armani was pitching at this years International F ... Tags:GM, FORD, Goodyear Tire
The Bleeding Edge Of The Car Biz By: Adam Lass | - Goldman Sachs thinks you can make 40% on Ford. I think that figure should be a lot closer to 400%.
China has finally, truly and wholeheartedly embraced 21st century American-style capitalism.
God help them.
Heres the headline that popped up on one of my news feeds a day or so ago: Chinese Carmakers Record Sales.
Thats right, in the middle of a yearlong global recession, China is selling more cars than ever ... Tags:China, GM, Ford, United States
What comes first, employment recovery or market recovery? The answer may shock you!
Fastest Job Loss Ever!!!!
Wow, what an ugly headline.
There we were, merrily rolling along last week, happy as clams.
Our leaders were all hugging each other in London and congratulating themselves for saving the world factory orders were up for the first time in six m ... Tags:Unemployment, Recession
The Perpetual Motion Scam By: Adam Lass | - By Adam Lass, Senior Editor, WaveStrength Options Weekly
Prcis: The Feds Trillion-Dollar Bomb is guaranteed to push up this asset 95% over the next few months.
Does this whole Federal Reserve/Treasury note debacle have you a tad confused? Dont feel too bad about it. Because youve got some 10 million fellow investors banging their heads on their desks right along with you.
The Treasury Bond Train Wreck By: Adam Lass | - How the heck is Washington supposed to fund the recovery when bond sales have fallen 224%?
These guys oughta wear dresses and carry pom-poms. I am talking about Wall Streets cheering squad. (Or is that Washingtons cheering squad? Come to think of it, now that we collectively own so much of Wall Street, I suppose there aint terribly much difference.)
Double your money on gold when China loses faith in U.S. debt
In the old days before children and small dogs had their own credit cards small merchants used to post hand-lettered signs beside the register stating that they would only accept greenbacks and cold coin.
If you wanted to pay for goods or services by check, you either had to be a long-term customer the counter clerk knew on sight, or have ... Tags:Wall Street, China, Bank, Credit, Bonds
Buy into Eastern Europes depression or just make 114% on ours: Its your shot to call.
In case you hadnt noticed, retail is in a bit of a pickle these days. The Conference Boards latest consumer poll puts their Confidence Index down another 12.4 points, to yet another all-time low at 25.
More cold hard facts as to just how deep in debt we REALLY are.
I promise to stop soon. I really do.
It brings me very little pleasure to upset you this way on such a constant basis. In fact, I look forward to the day when this column is full of nothing but hot stock tips.
But Id rather bring a steady diet of hard cold facts, than any sort of hollow sugary confection. In the en ... Tags:FDIC, bank, funds, retirement
According to our nations new Intel Czar, the economy is the number one threat to the U.S. right now.
In testimony before the Senate Intelligence Committee, National Intelligence Director Dennis Blair warned that: The longer it takes for the recovery to begin, the greater the likelihood of serious damage to U.S. strategic interests.
Now one ought to keep in mind that Blair wa ... Tags:Gold, Canada
I am shocked SHOCKED to discover that there is gambling going on here.
Captain Renault (Claude Raines, Casablanca, 1942)
That just might be my all-time favorite movie line. Bogart aficionados know it was exclaimed by Claude Rains jolly Nazi collaborator, as he simultaneously collected his ill-got gambling gains and closed down Ric ... Tags:oil, commodities, crude oil, crude futures
$700 billion here $700 billion there after a while, you are talking about real money!
Yeah, I filched the line. Supposedly it was originally uttered by famed Illinois Senator Everett Dirksen. Except it was supposed to be about a mere couple billion dollars. And no ones really sure if he actually said it.
Handicapping Recessions And Rallies For Fun And Profit By: Adam Lass | - Is it time to buy yet? If you are willing to close your eyes and hold your nose, you might just make 75% by summer.
Youve got to love a business that does most of its work looking in the rearview mirror whilst simultaneously plunging ahead at 90 mph.
Whether we are value guys working with year-old earnings figures or technicians plotting out a decades worth of closing prices, the whole bunch of us regularly ignore that little past action doesnt equate to fut ... Tags:recession, unemployment, stock, stock market
Turn Washingtons latest propaganda inside out, and you get a really strong argument for gold.
I just gassed up the family van for $1.93/gallon! This is truly amazing, outstanding and unprecedented. Woo-hoo! Time to buy me that beautiful old Jaguar convertible my wife wouldnt even let me look at last summer.
Asking For Date By: tattoobody | - Whether a date's spontaneous or planned, the first or the last date, or you're young or old, sooner or later, going out with someone comes to this: Somebody has to ask for the date.
No matter how much or how little you plan (and regardless of your reputation, your Aunt Sylvia, the knot in your stomach, the advice of your friends, your New Year's resolution, or your success with dating or lack thereof) nobody, with the possible exception of Adam, ever made a date without asking fo ... Tags:date, dates, dating, dating advice, dating guide, dating tips, dating idea, dating help, dating reference, find a date, dating women, woman dating, s
