Monthly Archives: September 2008
The Jeff Ruemeli Interview
When I was but a young lad at the tender age of 7, I met Jeff Ruemeli (pronounced rum-lee) for the first time. To this day he remains a good friend and now, a fellow Babeler. Although he remains the Hailey’s Comet of blogging, Jeff’s insight and unorthodox outlook on life adds a refreshing dose of [...]
Posted in Babeled Tagged babeler, carnevale, interview, jeff ruemeli, johnny depp, kanye west, Music, ruemelification, ruemelified, ruemelifier, sout park, star wars, weezer 3 Comments
Emergency Economic Stabilization Act of 2008 Discussion & Analysis
Interpretation and analysis of the Emergency Economic Stabilization Act of 2008 (EESA), including explanation of the Troubled Asset Relief Program (TARP).
Posted in Business, Current Events, Economics, Politics Tagged $700 billion bail-out, bonds, congress, emergency economic stabilization act, emergency economic stabilization act 2008, fed, federal reserve, federal reserve chairman, financial instruments, government bonds, mortgage, mortgage-backed securities, notes, secretary of treasury, securities, treasury bills, treasury bonds, wall street, wall street bail-out 7 Comments
The Jack Gamble Interview
Man Overboard!
What you are about to read is an exclusive interview with one of the founders and full time writing staff for Babeled. Jack Gamble has spent the last year writing some top notch articles concerning nuclear energy, politics, and zombies. While you may have gained some sense of who Gamble is from the topics [...]
U.S. Economy in Crisis Explained Part 1 of 3: How it Began
Explaining the history and root causes behind the current U.S. economic crisis in 2008. A look at mortgage-backed securities, commercial and investment banks.
Posted in Business, Current Events, Economics, Politics Tagged $700 billion bail-out, all interest mortgage, asset-backed securities, bank of america, banking act 1933, banks of deposit, bear stearns, bill clinton, bonds, clinton, commercial banks, credit standards, down payment, fdic, federal deposit insurance company, federal trade commission, ftc, ftc regulations, glass-steagall, glass-steagall act 1933, government bail-out, gramm-leach-bliley, gramm-leach-bliley act, great depression, interest, interest rate, investment banking, investment banks, jp morgan chase, lehman bros, lehman brothers, lend, loan, loans, mbs, merrill lynch, mortgage, mortgage-backed securities, phil gramm, president clinton, senator gramm, senator phil gramm, underwriting securities, variable interest rate, william jefferson clinton 19 Comments
Word Power: Politics
Word Power will be a weekly (Thursday’s hopefully) course that is intended to teach you the etymology and construction of everyday words. Etymology in short is understanding the origins of a word and how a word has evolved throughout history. Today’s lesson is to understand the word politics and words associated with it.
Politics (Noun): [pol - i-tics] The [...]
Cotai Strip in Macau is the Las Vegas of China
The Cotai Strip in Macau is known as the Las Vegas of China. It boasts some of the world's largest fully integrated casino-resorts and is growing vapidly.
Posted in International, Society Tagged casino, casino floor, china, coloane, cotai, cotai strip, gambling, Gaming, guest suites, hotels, las vegas sands, las vegas strip, macau, mgm grand, slot machines, venetian, venetian macau, venetian resort 6 Comments
The Slow Economy is an Opportunity: Get in Now
The good news is:
I am over twice my annual income in debt
My 401(k) is down 20% on the year
My Company stock is 30% down from its 52 week high
I purchased my home in the summer of 2006 (at the top)
My financial outlook has never felt so good.
Why?
I believe in the strength of the US economy.
Imagine [...]
Posted in Business, Current Events, Economics, Society Tagged 401(k), economy, finance, great depression, real estate, retirement, stock market, wall street 10 Comments
A Sit Down with Rine and the Family Stone