Rage Against the Wall St. Machine

Protests on the west coast.

Radiation babies and bottled water kicked in Tokyo

There is no more bottled water for sale in Tokyo and the tap water has been contaminated by the earthnami triggered nuclearxtravaganza according to Reuters . The keg is kicked Japanese party people but don't worry, only babies are going to suffer from drinking irradiated tap water.

Is everything going to be OK? No. Is the radiation going to stay in Japan? No. Do any of the knuckle dragging, self gratifying zombified Fox news watching American Husks know enough to be concerned? Nahhh.

A fools guide to bankers lies and terminology

Interpreting financial lingo typically produces a kind of gorilla like head scratching while I stare blankly at the screen tying not to show any weakness in the face of such puzzling terminology. Sometimes I get lucky.

Toxic Assets.....wheee, and easy one! Toxic=bad, and assets are some kind of resource. It means bad resources, or negative resources.

Leverage.... errrr, head scratch, blank stare.

Thankfully, David Malone, author of Debt Generation, in his blog Golem XIV has offered a road map to much of this financial jargon. A blog of particular use was Liars Lexicon in which David explains many of these terms in a very understandable way. He also comments on banking and government policy.