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Here’s a concept drawing.

http://media.utsandiego.com/news/documents/2012/01/21/newstadiumplan.pdf

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The geopolitical oil wildcard is now in play this year.

US just signed into law very tough sanctions targeting the Iranian Central bank, making it much more difficult for Iran to sell oil.

Last week the EU also imposed tough sanctions, curtailing Iranian Oil purchases.

Iran is threating US Navy in Straits of Hormuz, and warning Arab nations not to “fill the gap” in reduced global supplies. Charges and counter charges of covert war, assasinations and assasination attempts.

The EU and US sanctions really start taking a bite in about 6 months, during peak summer driving season.

http://www.businessweek.com/news/2012-01-16/eu-s-iran-oil-embargo-said-likely-to-be-delayed-six-months.html

Iranians may not have much to lose by trying to block Strait of Hormuz, if they can’t sell much oil anyway.

Will an oil shock put US in recession? How will it ripple thru economy? Housing impact?

It will be an interesting year in Oil geopolitics, may impact us all.

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I spent a couple years out of college working for government before leaving for private industry.

I saw some extremely dedicated, smart, hard working govt employees.

I also saw lazy, obsolete skill set, deadweights.

The hard workers, including me were demoralized by the lazy deadweights. That is one of reasons I left public service.

Time for some “rank and yank” in the govt employee rolls.

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Looks like bunch of people are getting pissed off

http://money.cnn.com/2011/11/03/pf/move_your_money_day/

Also…Other than transaction fees on merchants, the credit card companies have never made a dime on me. I run up huge charges probably 70-80K year, have never carried a balance, paid a late fee, or other crap charge.

Thanks Credit Card companies for the interest free loans over the years.

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Here come the bank fees……

http://finance.yahoo.com/news/More-bad-news-for-bank-apf-1381425092.html?x=0

Don’t complain……just walk.

Note, I’ve never been employed by any credit union, nor any other financial institution for that matter. I’m only a consumer looking out for my best interest. I refuse to be a chump.

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Here’s the link to problem banks, on Calculated risk.

http://www.calculatedriskblog.com/2011/08/unofficial-problem-bank-list-at-988.html

As noted, all is not puppy dog and roses at all credit unions, problems with some.
Seems mostly limited to some corporate credit unions, e.g. ACME inc. Credit Union

http://www.calculatedriskblog.com/2010/09/national-credit-union-administration.html

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Here’s the link to problem banks, on Calculated risk.

http://www.calculatedriskblog.com/2011/08/unofficial-problem-bank-list-at-988.html

As noted, all is not puppy dog and roses at all credit unions, problems with some.
Seems mostly limited to some corporate credit unions, e.g. ACME inc. Credit Union

http://www.calculatedriskblog.com/2010/09/national-credit-union-administration.html

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Here’s the link to problem banks, on Calculated risk.

http://www.calculatedriskblog.com/2011/08/unofficial-problem-bank-list-at-988.html

As noted, all is not puppy dog and roses at all credit unions, problems with some.
Seems mostly limited to some corporate credit unions, e.g. ACME inc. Credit Union

http://www.calculatedriskblog.com/2010/09/national-credit-union-administration.html

[Bubblesitter]

Here’s the link to problem banks, on Calculated risk.

http://www.calculatedriskblog.com/2011/08/unofficial-problem-bank-list-at-988.html

As noted, all is not puppy dog and roses at all credit unions, problems with some.
Seems mostly limited to some corporate credit unions, e.g. ACME inc. Credit Union

http://www.calculatedriskblog.com/2010/09/national-credit-union-administration.html

[Bubblesitter]

Here’s the link to problem banks, on Calculated risk.

http://www.calculatedriskblog.com/2011/08/unofficial-problem-bank-list-at-988.html

As noted, all is not puppy dog and roses at all credit unions, problems with some.
Seems mostly limited to some corporate credit unions, e.g. ACME inc. Credit Union

http://www.calculatedriskblog.com/2010/09/national-credit-union-administration.html

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There have been a few cases of credit unions in bad shape, but generally they were not making risky investments like the Savings and Loans in the 70s and 80s and many current banks with bubble hangovers. The problem bank list is still enormous.

I’ve never worked for a credit union, and am proud to say I’ve never had a Bank account in traditional sense (excluding brokerage cash accounts).

http://piggington.com/i039ve_never_had_a_bank_account

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There have been a few cases of credit unions in bad shape, but generally they were not making risky investments like the Savings and Loans in the 70s and 80s and many current banks with bubble hangovers. The problem bank list is still enormous.

I’ve never worked for a credit union, and am proud to say I’ve never had a Bank account in traditional sense (excluding brokerage cash accounts).

http://piggington.com/i039ve_never_had_a_bank_account

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[Bubblesitter]

There have been a few cases of credit unions in bad shape, but generally they were not making risky investments like the Savings and Loans in the 70s and 80s and many current banks with bubble hangovers. The problem bank list is still enormous.

I’ve never worked for a credit union, and am proud to say I’ve never had a Bank account in traditional sense (excluding brokerage cash accounts).

http://piggington.com/i039ve_never_had_a_bank_account

Bubblesitter

[Bubblesitter]

There have been a few cases of credit unions in bad shape, but generally they were not making risky investments like the Savings and Loans in the 70s and 80s and many current banks with bubble hangovers. The problem bank list is still enormous.

I’ve never worked for a credit union, and am proud to say I’ve never had a Bank account in traditional sense (excluding brokerage cash accounts).

http://piggington.com/i039ve_never_had_a_bank_account

Bubblesitter

[Bubblesitter]

There have been a few cases of credit unions in bad shape, but generally they were not making risky investments like the Savings and Loans in the 70s and 80s and many current banks with bubble hangovers. The problem bank list is still enormous.

I’ve never worked for a credit union, and am proud to say I’ve never had a Bank account in traditional sense (excluding brokerage cash accounts).

http://piggington.com/i039ve_never_had_a_bank_account

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[Author]

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