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Life and Times of an itinerant slacker in Sacramento. Thrills, Spills Galore coming soon. Not to mention lots of opinions.

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Thursday, November 20, 2008

Latest Financial News From the Intertubes to You

Remember,you heard it here first.

Subject: *SOMALI PIRATES APPLY TO BECOME BANK TO ACCESS TARP

*SOMALI PIRATES APPLY TO BECOME BANK TO ACCESS TARP
*PAULSON: TARP PIRATE EQUITY IS AN `INVESTMENT,’ WILL PAY OFF
*KASHKARI SAYS `SOMALI PIRATES ARE ‘FUNDAMENTALLY SOUND’ ‘
*Moody’s upgrade Somali Pirates to AAA
*HUD SAYS SOMALI DHOW FORECLOSURE PROGRAM HAD `VERY LOW’
PARTICIPATION
*SOMALI PIRATES IN DISCUSSION TO ACQUIRE CITIBANK
*FED OFFICIALS: AGGRESSIVE EASING WOULD CUT SOMALI PIRATE RISK
*FED
AGREED OCT. 29 TO TAKE `WHATEVER STEPS’ NEEDED FOR SOMALI
PIRATES

The Hangininsac index has increased SomaliPirates rating to extreme buy. And imagine, just a short twenty years ago,these guys were into a subsistance fishing gig. Corporate funded fishing fleets fished their local waters into extinction, and they found an alternative livelyhood in piracy, where they could leverage their superior knowledge of the local seas.

This is in no way intended to present an object lesson in environmental stewardship.

BTW,we are seeing "Pirates of Penzance" at the local opera Sunday. Talk about timing!

That's my story and I'm sticking to it.

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