Oily Financials

Buried beneath continuous news awash with death, destruction, and The Donald, events in the oil industry are low-key, but financially catastrophic on many levels. Good nutshell-analysis at OilPrice.com: This downward spiral will lead to further credit downgrades and bankruptcies within the oil patch. All the while, access to credit is shrinking across all sectors due to…

Keep reading Oily Financials

The Palintomic Age

Overcast and rain, then vice-versa, here this early Friday afternoon on California’s north coast, as the NWS continues the narrative: ‘An atmospheric river is currently pointed directly at Northwest California, and will result in widespread moderate to heavy rain through the first half of the day.’ Or maybe all day, or forever and a day —…

Keep reading The Palintomic Age

Economic Eruptum

Just when you figured the freaked-out plate was full, from global warming to ISIS to Trump/Palin, now comes the cash-flow event — from NASDAQ this afternoon: ‘The Dow Jones Industrial Average tumbled 376 points, or 2.4 percent, to 15640, after earlier dropping as much as 565 points.’ Rapidly-tanking oil prices are sucking everybody down the drain-hole…

Keep reading Economic Eruptum

Excruciating Place

America’s longest war continues seemingly unabated — in southern Afghanistan, a “harrowing” situation: “On the map there is one green dot representing friendly forces stuck in the compound, and around it is a sea of red [representing hostile forces],” the official told Fox News. One American dead already… (Illustration found here). Apparently, the drama is even-more…

Keep reading Excruciating Place

Late the Ganja

Clear and cold this Friday morning along California’s north coast, after a night of heavy rain, a bit of hammering hail, and a faded-yellow sunrise, looks like a nice weather-day ahead — shivery as shit, though. On this peculiar holiday, another sad, hypocritical example of human idiocy — via NPR: ‘Parents of children with severe…

Keep reading Late the Ganja