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What is the Squid?

The original “Great Vampire Squid” reference was by Matt Taibbi, in “The Great American Bubble Machine“, printed in Rolling Stone in July, 2009. Here at DoNotFeedTheSquid, I take a broader view, but...

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A Quick Guide to Squid-Free Banking

Over on Calculated Risk, a commenter asked: So I have a checking account with Citi. Use it mainly for direct deposit and some bill paying. If I wanted to move to a small local bank, how would I find a...

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Squid-Free Investing (small victories)

I’ve made some major progress this week in freeing myself from the squid-infested segments of the financial system. The IRA is moving from Wells Fargo to Vanguard. My only remaining exposure to the...

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Post-Squid Investing Attitude Shift

I’ve done my share of speculative trading, but lately I’m no longer interested in dancing with the squid. At the moment I’m focused on my bond portfolio, and I’m trying to figure out how to be a...

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Do NOT Feed The Squid!

I’d like to welcome my readers (all 2 of them?) from my other blog, Do Not Feed The Squid!  “DNFTS” was a great idea (and still is, so I’ve put it in the tagline above!) but I do not have time to keep...

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Why we cannot “save our way to prosperity”

I just found an article by London Banker on Marriner Eccles’ testimony in 1933 to a Senate committee that actually and seriously investigated the nation’s economic problems.  (Back then, we had a...

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So, do you have a fixed-rate mortage…

… or one with “adjustable” rates that have been “fixed”?  Eh, Barclays?  And how do YOU plead, Team LIBOR? Photo found at Gary Kaltbaum’s Site

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