Continuing with my theme of bad journalism, I have a video that was given to me last week that will allow people to see how Rolling Stone reporter Matt Taibbi is a naked short selling dupe.

“My friends, as many of you may have noticed, there has been a huge drop off in the quality of my blog posts over the past few months. Due to this, there has also been a drop in profitability for this blog, as well.

Utah-based Internet wholesaler Overstock.com recently received a subpoena from the SEC. The SEC will be investigating “previously-announced restatements of its financial statements in 2006 and 2008 and other matters.” It is the second such investigation into Overstock.com’s finances in the last two years.

A few years ago, I met a young millionaire who had made a fortune buying life insurance policies from the elderly and reselling them to investors. He would offer policy owners cash upfront, and when they died, the companies to which he had sold the policies would receive the benefits. Of course, he earned a percentage. It struck me as a clever but shady operation.

"...it is a tale, told by an idiot, full of sound and fury, signifying nothing"

I was livid when I first saw video from the health care town hall meeting that took place last week in my hometown St. Louis.  I had already seen enough similar footage from other cities, but the fact that these were in some ways 'my folk' infuriated me.

Ignorant rednecks, I thought, the whole lot of them.

So apparently, the U.S. Postal Service is in a peck of trouble. Despite raising postage fees numerous times during the past couple of years, the USPS announced earlier this week that it had lost $2.4 billion between April and June and would be $7 billion in debt by the end of September.

Are you kidding me? $2.4 billion in losses in 3 months?? Are you sure the USPS isn't making cars or selling subprime mortgages?

As devoted deadman blog readers with photographic memories know (a surprisingly slim sample size), I've never been a fan of being barefoot.

Lloyd Blankfein, CEO of Goldman Sachs, apologized today for his firm's strong earnings in 2009. In a press statement, he took responsibility for the profit and promised to lose money more aggressively for the remainder of the year.

Our own Orlando yesterday posted an unbelievably tragic story regarding her mother and how our health care system completely failed her and her family. It's a powerful tale, one whose basic premise unfortunately could probably be told by way too many people in this country, and everyone needs to read it.

But trying to put aside the raw emotions for a moment - albeit, a nearly impossible task when discussing people's health and/or finances - this is a crisis where the answers will not come easy.

I'll get back to the regularly scheduled My One Favorite Things soon enough, but right now I got a bone to pick with my cell phone company, T-Mobile.

I mostly have positive vibes toward T-Mobile as their customer service has been very helpful and their network seems to have continually improved in New York City, but I'm annoyed with the numerous 'surcharges' the company tacks on to my monthly bill.

The AP has posted an article detailing Obama's new regulatory plan that would if enacted impose serious penalties on financial institutions when they get too large.

Citigroup executives have decided in their infinite wisdom to increase base salaries for many of their employees by as much as 50 percent.

The bank says the raises - which will be partially offset by a reduction in bonuses, though overall compensation packages could be higher or lower - are necessary to remain competitive ... in an environment where the official unemployment rate will soon be in the double digits no less.

I've always sucked at making decisions. Leave where we're having lunch up to me and we'll likely be having dinner there.

If there's one thing about modern life I cannot stand, it's the plethora of options we have. Sure the freedoms we now enjoy are terrific, the new opportunities exciting, the potential adventures limitless, but instead I like to focus on all the bad choices we can now make.

I'm usually an easy customer. It doesn't take much to please me. Just treat me fair and show me respect. Work with me if you've made a mistake. Just basic, simple stuff.

In my recent questions column, our own dagblogger Nebton says the biggest risk he ever took was to go to graduate school after 30.

With official unemployment nearing double digits (and the unofficial number much higher), a lot of people looking for something to do are following Nebton's example and going back to school.

You've seen a lot less of me on dagblog lately, and while I'd love to put all of the blame for my absence on my Beyonce and the wedding plans which have been set in hot and heavy motion (It's mostly painful, stressful stuff, but registering at Target was hella fun - come to Papa, Wii!!), but there is a much bigger badder beast than Mrs. All-Consuming Wedding at work here - and its name is PokerStars.

Late last year one of my predictions for 2009 was that Facebook would go public, sparking a mini-rally in the markets.

What a shock. A reporter (fearing for his own job, perhaps?) asked White House Press Secretary Robert Gibbs if the potential imminent closure of the venerable Boston Globe calls for yet another government bailout, this time to save the flailing newspaper industry.

There have been many sober pronouncements lately about the end American hegemony, both on this blog and elsewhere. Some have reacted with despondence, others with glee. It may be that the end is nigh--it has to end sometime--but we should keep in mind that the forecasters of doom emerge from their caves during every period of hardship.

Last week, I wrote about the threat of deflation after the news that U.S. consumer prices dropped last year, the first time since 1955. Dagblog's Deadman played down the risk, and I agreed that current deflation levels were not a threat. But now it seems that deflation is knocking a bit harder at Europe's door, particularly Spain's.