bailout: Never dip into your own stash. - 02/22/09 02:53 PM
Most of us are old enough to remember the grotesque impact, that the classic "Scarface", starring Al Paccino, made on some of us when it first came out.
Aside from the graphic violence and an intimate peek into a drug dealer's world, the one thing I remember, was Paccino's advise to his own cronies NOT to "ever dip into your own stash".
I know, .... you are wondering where the heck am I going with all this.....what in the world do drugs have to do with banking and real estate?
Let's rewind our thoughts for a moment..... have you noticed lately, … (6 comments)

bailout: The Wizards of Schmoz ..... - 01/30/09 08:27 AM

Schmoz, ....by definition, a Yiddish word signifying low-life, deceitful, criminal, despicable, unscrupulous, abominable, irresponsible, shameful and scum-bag-like behavior ...... a few notches below a schmuck or mashugana......
.......well, not really, I just made up that word  'cause I couldn't think of any word that would rhyme with OZ and would carry all those meanings.
But I just can't think of kinder words to describe the state and the players of our financial institutions.
Every morning I wake up thinking that there can be no more surprises of wrong-doing stemming from the financial world, but every morning I am proved wrong once again.
(6 comments)

bailout: The Robbery Continues - 01/19/09 06:01 AM
Sadly enough, this is not a joke but a huge warning that could help protect your financial health, if you heed it.
 Bank of America and American Express are being referred to, worldwide and respectively, as "Thieves of America" and the "Mafiosi Express" (It is ironic that both have the word "American" on their name).
 A wave of reports is rapidly spreading around the globe, as to how these two giants of the banking and credit industry are robbing the consumers blind .... and they do not discriminate. 
 Don't think for a minute that you are immune, if you use credit cards, … (5 comments)

 

Federico Astiz

Tucson, AZ

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