Gold Bugs, Not Bed Bugs, Found in East Village Bar - WNYC

When film directors hanging out in East Village bars are telling you it's time to invest in gold...I'd suggest that it may be time to sell. This reeks of taxi drivers trading in their cars in the last 90's internet bubble.

Parking Lots Help Predict Earnings

Parking Lots Help Predict Earnings: "Satellite images aren’t just useful for protecting national security, looking up online directions and checking out your roof on Google Earth anymore. Now market analysts are spying on us from above. UBS Investment Research has started incorporating analysis of satellite images of the parking lots of big-box retailers into its earnings estimates, reports CNBC, forecasting an uptick in sales based on parking lot traffic where a drop was previously expected.

It turns out that rather than a 1 percent decline in sales for Walmart in the second quarter compared to year ago, relatively full parking lots indicate a 0.7 percent gain in sales for the quarter.

Satellite picture of a Walmart parking lot

UBS bought its satellite data and analysis from a startup called Remote Sensing Metrics, which built a model for how customer flow presages quarterly earnings. Remote Sensing found that Walmart parking lot traffic was up 4 percent in June from a year ago, pr…

Obama me

Russia joining OPEC?

This could be an interesting move - one that may introduce a whole new dynamic to world oil pricing.


McCain Transition Chief Helped Saddam Hussein

McCain Touts ‘Energy Expert’ Palin’s Credentials

Oh, yet another feather in Palin's cap of crap -

The gas pipeline that's being bragged about? Yeah, it's a $500mm (that's half a billion dollars in corporate welfare) GIFT to a CANADIAN company for work they don't have to do?!?!?!?!



McCain's mortgage plan

It's f'ing mind boggling that McCain is planning on paying the banks 100% of the value of the bad loans they wrote....f'ing mind boggling!!!