Funny Little Parable from Wall St.

Billy went to Texas and purchased from a farmer a donkey, for the price of $100.

The farmer agreed to deliver the donkey the next day.

The next day the farmer told Billy "Sorry, but I have bad news, the donkey died".

Billy replied: "No problem, give back my money".

The farmer said: "I can't return your money, because I have spent it already".

Billy said: "OK, then give me the dead donkey".

The farmer asked: "what are you going to do with the dead donkey?"

Billy replied: "I will hold a lottery".

The farmer said with a touch of irony: "There is no way you will be able to successfully pull off a lottery for a dead donkey".

Billy replied: "Of course I can. I simply won't tell anyone that the donkey is dead".

A month later the farmer ran into Billy and asked him: "What happened with the dead donkey?"

Billy replied: "I held the lottery for the donkey and sold 500 tickets at $2 each and I made a profit of $998".

The farmer asked "Nobody complained?"

Billy said: "Only the guy that won the (dead) donkey complained, so I returned his $2 so he would stop complaining".

Billy is now working for Goldman Sachs.

Hiding Inflation witha new 100 Dollar Bill

This is funny here is the new design very Euro like, but they are going to put approx. 6.5 billion into the money base in 2011, but don't worry you won't have to exchange your old one for new 100's, because they are keeping the old money in circulation...hence the definition of inflation creating more physical money into the system...and even worse it is out of thin air backed by nothing...

http://www.bloomberg.com/apps/news?sid=aoLIQa4G1s9g&pid=20601087

Inflation Rears its ugly head along with the Goldman fools at the white house...

In case you don't believe inflation is happening fast...

http://finance.yahoo.com/news/Wholesale-prices-rise-in-apf-299827519.html?x=0&.v=4

ans secondly on drudge just look at the reports about Goldman is this a surprise the run the government's financial wing...duh but I am just a conspiracy guy...eat it! Goldman has more pull at the whitehouse than anyone period!
www.drudgereport.com

Goldman Shows There SACK!

Look at this article about Goldman Sachs. Finally caught! They would have been insolvent if they did not get their 10 billion bailout and 10 billion from Buffet to go gamble on the market with free money. These guys are the ones bankrupting us. Check out Michael Lewis words in the book The Big Short you will choke on the realization of what the subprime crisis is based on.
http://www.cnbc.com/id/36597402

BUT OH YEAH THIS IS A LAW SUIT BROUGHT BY THE SEC, chances of that getting through on the civil side...0. Just like the SEC knew they could of stopped Madoff.

The Friday night shutdown...more banks go bye bye

As with every Friday comes new bank closings. Now I know they do it on Friday's because it causes a lot less commotion, but don't you think they also like doing it on Fridays cause maybe the story gets less noticed!
http://finance.yahoo.com/news/Banks-in-Calif-Ill-Fla-Texas-apf-1195100471.html?x=0&.v=12

Morning Wood 2-18-10

Oh shit we go out of the crib into the world on location...

Sick Video that explains a bit about economic theories

Funny rap song and video about economic theory. It is like Lonley Planet, Andy Samberg on smart pills...watch it! get some knowledge in a fun interesting way. Stay tuned new episode of Morning Wood coming next week!

Another Haitus but I return

A bit of a hiatus, but I am back. Who DAT! Saints big win, but this one is about Geithner...

Everything is Fake!

So, I had a computer crash and lost my intro's to the famous Morning Wood Blog. I am taking action to create a new one or just use the m4v. files from youtube so until further posts...
Articles like this

http://www.daily.pk/fake-gold-bars-in-bank-of-england-and-fort-knox-14477/

have been floating around for sometime now and this one seems to have all the facts and documents in order to prove its merits. GOLD produced by the US and others is FAKE. Yeah tungsten laced in GOLD. For sometime now I have thought that the GLD and SLV fund ETF's are too good to be true, though I have invested in them. Right now might as well hop on the paper money maker. Folks just read this article to see what these people do to us and this world. Then tell me how we can trust that what they do is for the better.

Mike D.

New Years Boarding Video

I figured I would put this up starting the new year off right!