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	<title>Obsolete Certainty &#187; Business</title>
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	<link>http://obsoletecertainty.com</link>
	<description>Following a world full of uncertainty.</description>
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		<title>Stress Test Secrets</title>
		<link>http://obsoletecertainty.com/stress-test-secrets/</link>
		<comments>http://obsoletecertainty.com/stress-test-secrets/#comments</comments>
		<pubDate>Sat, 11 Apr 2009 16:06:47 +0000</pubDate>
		<dc:creator>O.C.</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[stress test]]></category>
		<category><![CDATA[TARP]]></category>

		<guid isPermaLink="false">http://obsoletecertainty.com/?p=70</guid>
		<description><![CDATA[U.S. banks have reportedly been told by Federal regulators not to go public with the results of the so-called government stress test. I seems that the government may be worried that the unwashed masses (aka the taxpayers funding all these bailouts) will be able to determine which of the 19 large banks may not have [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
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		<title>Fannie and Freddie. Where is the Outrage?</title>
		<link>http://obsoletecertainty.com/fannie-and-freddie-where-is-the-outrage/</link>
		<comments>http://obsoletecertainty.com/fannie-and-freddie-where-is-the-outrage/#comments</comments>
		<pubDate>Tue, 07 Apr 2009 09:10:13 +0000</pubDate>
		<dc:creator>O.C.</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[executive bonus]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://obsoletecertainty.com/?p=56</guid>
		<description><![CDATA[It seems that AIG isn&#8217;t the only financial giant that is paying large executive bonuses after being bailed out by the U.S. Taxpayer.  Both Fannie Mae and Freddie Mac, the giant mortgage agencies, are reportedly set to pay over $210 million in bonuses over the next 18 months. However, absent this time are the steady [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>OTS Polakoff Placed on Leave</title>
		<link>http://obsoletecertainty.com/ots-polakoff-placed-on-leave/</link>
		<comments>http://obsoletecertainty.com/ots-polakoff-placed-on-leave/#comments</comments>
		<pubDate>Fri, 27 Mar 2009 10:59:32 +0000</pubDate>
		<dc:creator>O.C.</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[OTS]]></category>
		<category><![CDATA[Polakoff]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://obsoletecertainty.com/?p=52</guid>
		<description><![CDATA[Acting Office of Thrift Supervision Director Scott Polakoff has been placed on leave pending an internal investigation of the agency&#8217;s role in allowing troubled thrifts to backdate capital infusions. According to the Wall Street Journal, OTS Chief Counsel John Bowman will run the agency in the interim. addthis_url = 'http%3A%2F%2Fobsoletecertainty.com%2Fots-polakoff-placed-on-leave%2F'; addthis_title = 'OTS+Polakoff+Placed+on+Leave'; addthis_pub = [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Stimulus Bill Permits AIG Bonuses</title>
		<link>http://obsoletecertainty.com/stimulus-bill-permits-aig-bonuses/</link>
		<comments>http://obsoletecertainty.com/stimulus-bill-permits-aig-bonuses/#comments</comments>
		<pubDate>Tue, 17 Mar 2009 18:45:22 +0000</pubDate>
		<dc:creator>O.C.</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[bonus]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[executive bonuses]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[stimulus]]></category>

		<guid isPermaLink="false">http://obsoletecertainty.com/?p=47</guid>
		<description><![CDATA[Well. Whaddayaknow!  It turns out that the Obama economic stimulus bill contained a specific clause that permitted the type of executive bonuses that are causing all this rage.  Of course we knew then that few if any one had read the stimulus bill before the vote. I guess that will jump up and bite some [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Taxpayers to Pay AIG Bonuses</title>
		<link>http://obsoletecertainty.com/taxpayers-to-pay-aig-bonuses/</link>
		<comments>http://obsoletecertainty.com/taxpayers-to-pay-aig-bonuses/#comments</comments>
		<pubDate>Sun, 15 Mar 2009 13:06:07 +0000</pubDate>
		<dc:creator>O.C.</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[executive bonuses]]></category>
		<category><![CDATA[insurance]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://obsoletecertainty.com/?p=45</guid>
		<description><![CDATA[Congratulations fellow American taxpayer. We are going to write a check fo $165 million to fund executive bonuses at AIG. That is right! And not just any division of AIG, but the AIG financial products division that wrote all those toxic credit default swaps and other derivatives that threatened a financial doomsday. Edward Libby, the [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<item>
		<title>Unpaid Taxes. Again.</title>
		<link>http://obsoletecertainty.com/unpaid-taxes-again/</link>
		<comments>http://obsoletecertainty.com/unpaid-taxes-again/#comments</comments>
		<pubDate>Tue, 03 Mar 2009 10:48:47 +0000</pubDate>
		<dc:creator>O.C.</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://obsoletecertainty.com/?p=41</guid>
		<description><![CDATA[More proof that Democrats want you and I to pay more taxes, but don&#8217;t believe they should have to pay their fair share. Another day, another Obama appointee.  This time it is former Dallas Mayor Ron Kirk who failed to pay close to $10,000 in taxes related to speaking fees that were donated to charity. [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Starbucks Becomes McDonalds</title>
		<link>http://obsoletecertainty.com/starbucks-becomes-mcdonalds/</link>
		<comments>http://obsoletecertainty.com/starbucks-becomes-mcdonalds/#comments</comments>
		<pubDate>Tue, 10 Feb 2009 13:24:46 +0000</pubDate>
		<dc:creator>O.C.</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[coffee]]></category>
		<category><![CDATA[ecomomy]]></category>
		<category><![CDATA[java]]></category>
		<category><![CDATA[Starbucks]]></category>

		<guid isPermaLink="false">http://obsoletecertainty.com/?p=37</guid>
		<description><![CDATA[It appears the economy must be worse than we thought. Starbucks, famous for its high priced java has decided to become more blue collar. The coffee chain has decided to add of all things&#8230;the combo meal! That&#8217;s right. Starbucks will pair a cup of coffee and a breakfast sandwich for under $4. Apparently Dunkin&#8217; Donuts [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Alabama County Prepares for Bankruptcy</title>
		<link>http://obsoletecertainty.com/alabama-county-prepares-for-bankruptcy/</link>
		<comments>http://obsoletecertainty.com/alabama-county-prepares-for-bankruptcy/#comments</comments>
		<pubDate>Wed, 27 Aug 2008 08:23:12 +0000</pubDate>
		<dc:creator>O.C.</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://obsoletecertainty.com/?p=15</guid>
		<description><![CDATA[Alabama&#8217;s largest county is making preparations for bankruptcy. Jefferson County, stung by rising debt service from $3 billion in bonds has asked their lawyers to begin the process if negotiations with creditors do not succeed. Should the county take this route it would be the biggest municipal bankruptcy since Orange County, California in 1994. The [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Countrywide Sued Over Dead Man&#8217;s Home</title>
		<link>http://obsoletecertainty.com/countrywide-sued-over-dead-mans-home/</link>
		<comments>http://obsoletecertainty.com/countrywide-sued-over-dead-mans-home/#comments</comments>
		<pubDate>Tue, 26 Aug 2008 10:42:39 +0000</pubDate>
		<dc:creator>O.C.</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[mortgage fraud]]></category>
		<category><![CDATA[mortgage meltdown]]></category>
		<category><![CDATA[real estate]]></category>

		<guid isPermaLink="false">http://obsoletecertainty.com/?p=13</guid>
		<description><![CDATA[Ticor Title, a mortgage title insurance company, has sued Countrywide over the title claim to a Chicago home that was reportedly bought and sold THREE TIMES during a period where the previous owner, Randy Johnson, sat mummified in a chair next to his dead dog. The 2007 loan in question is a $360,000 first mortgage [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>GM&#8217;s Market Cap</title>
		<link>http://obsoletecertainty.com/gms-market-cap/</link>
		<comments>http://obsoletecertainty.com/gms-market-cap/#comments</comments>
		<pubDate>Thu, 26 Jun 2008 21:33:28 +0000</pubDate>
		<dc:creator>O.C.</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[Stock Market]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://obsoletecertainty.com/?p=8</guid>
		<description><![CDATA[An interesting little piece by Matt Nesto on CNBC.com about the market capitalization of General Motors.  GM, which was once the biggest and baddest corporate creature on the planet, now has a market cap of only $7 billion dollars That is drastically down from a market cap of $56 billion in 2000. To provide context [...]]]></description>
		<wfw:commentRss>http://obsoletecertainty.com/gms-market-cap/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tax Rebates Increased Spending. For Now.</title>
		<link>http://obsoletecertainty.com/tax-rebates-increased-spending/</link>
		<comments>http://obsoletecertainty.com/tax-rebates-increased-spending/#comments</comments>
		<pubDate>Sun, 22 Jun 2008 15:39:05 +0000</pubDate>
		<dc:creator>O.C.</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[rebate checks]]></category>
		<category><![CDATA[spending]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://obsoletecertainty.com/?p=5</guid>
		<description><![CDATA[There is a puzzling head on Bloomberg.com today. &#8220;Spending Probably Rose on Tax Rebates: U.S. Economy Preview.&#8221; Probably? That is an odd hedge.  Of course spending rose with those tax rebate checks. Americans would never do anyting foolish with &#8220;free&#8221; money like save or invest it. Or even pay the rent or mortgage payment with [...]]]></description>
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		<slash:comments>3</slash:comments>
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