Author: Vic Socotra

Mad as Hell

The Corner at 23 Wall Street, circa 2004 Yesterday, I heard the corporate end of the McDonald’s food enterprise was having a hard time securing loans. Later in the day, the Feds showed up in person to pad-lock Washington Mutual, and largest savings and loan instution in these United States. The assets on the books […]

Threat, Stimulation and Identity

Threat, Stimulation and Identity So, it is Sunday and the fourth day of autumn and the storm is ashore and the assessment of the damage has begun. It could have been worse, is the first word. The disaster of Katrina got everyone’s attention, including me. I hauled a couple cases of bottled water back to […]

Birks Economics

T. J. Birkenmeier in his study   Secretary Paulson has a plan to get us out of this mess. He pulled an all-nighter over the wee kend, and presented a three-page paper to the Congress. He is looking for about a trillion dollars, give or take a few dozen billion, and wants emergency authority to […]

Nowhere But Up

You can understand that they might have some functional problems. The markets are closed in Moscow today for “correction,”, and the system is clearly rattled to its sandy foundation. It has been spectacular of late. Russian heavy bombers have deployed to Venezuela, relations with Cuba have warmed, and Russian ships are headed for the Caribbean. […]

Pirates

Instead, I heard a Hong Kong chemical tanker with 22 crewmembers was taken by=2 0pirates in the Gulf of Aden, near Somalia. That makes it an even dozen ships that have been hijacked in the pirate-infested waterway since July 20, if you are keeping count. You have to pass the gray-green mound of Great Socotra […]

Arrrgh Matey

I have traditionally not paid much attention to the markets, but that is where the 401k is, and I have trusted T Rowe Price to do the best in bundling my investments. I have had to watch like a hawk of late, since the Court-ordered Domestic Relations Order was signed, stripping me of more thousands […]

Game Day 2008

They had said rain today, but the storms got here early. It rained last night and the clouds are broken today with shreds of blue behind.   It is not that way with Ike slamming over Galveston, where my cousin’s place is now under water.   Here, it is gentle. There may be some T-storms […]

Chance

It is The Day, of course.   The memory of it comes and goes, but it is always lurking I always think about it as I fill up the Hubrismobile with high-test at the Quarters K gas station. I can’t help it. It is right there in front of you, even if the Pentagon’s façade […]

Anniversary of 911 Attacks Marked by Memories Sadness and Progress

A shipmate recently reported on how construction is going on construction of the new JICCENT intelligence facility at McDill AFB in Tampa, Florida. The structure’s official name is the “LCDR Otis Vincent Tolbert Joint Intelligence Operations Center,” but to those who know and honor the memory of our fallen comrade, it is already known as […]

Speechless

Speechless I got way sidetracked this morning and there is no likelihood of a story emanating from Big Pink this morning.  The lay-out people at the Quarterly say they need a table of contents for the Fall issue, and a filler article to cove page 47. I can do that, I think, and have located the necessary […]