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Friday October 2, 2009

DrStockPick.com Stock Report!

IMCI, Infinite Group Inc., IMCI.OB

 

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Donald W. Upson Joins Infinite Group’s Board of Directors

PITTSFORD, N.Y.–(CRWENEWSWIRE)–Infinite Group, Inc. (OTCBB:IMCI) today announced that Donald W. Upson has joined the company’s Board of Directors. Currently the principal partner at ICG Government, a management consulting firm, Mr. Upson has more than 32 years of experience in the planning and implementation of technology programs across a wide variety of government agencies and departments.

Upson will provide strategic guidance to Infinite Group, Inc. (IGI) management as the company continues to penetrate various markets in local,

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Amitai Etzioni of George Washington University has a post on TPM criticizing President Barack Obama's "zero" nuclear weapons ambitions, pointing out the false assumption that whatever arrangement the U.S. and Russia work out, that other nations would follow.

Moreover, in dealing with Russia, the greatest priority for the United States is to encourage Russia to further improve its controls over the fissile material from which nukes can be made and over the thousands of tactical nuclear arms it possesses. Reducing the Cold War instruments, the long-range missiles and strategic nuclear weapons--on which Henry A. Kissinger and his colleagues focus--are much less of an issue. They are already relatively well-controlled and, moreover, are not well-suited for terrorists equipped with speed boats, shipping containers, and trunks. It follows that dismantling these Cold War arms is much less urgent. Similarly, the United States is keen to gain Russia's cooperation in stopping Iran's nuclear

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I thought this was an interesting editorial in Tuesday's WSJ.

Robert DeYoung writes:

For those who depend on taking out a loan in advance of a paycheck, life may soon get harder if Congress passes the Payday Loan Reform Act.

The bill's sponsors, which include Rep. Luis Gutierrez (D., Ill.), say they want to clean up abuse in credit markets by clamping down on the prices lenders charge for payday loans. In reality, the legislation will reduce the supply of these loans and make borrowing more expensive.

The reform is based on the false premise that consumers take out these loans without realizing how much they are paying. True enough, these loans are expensive. A two-week payday advance of $300 typically comes with a $45 finance charge-- an implied annual percentage rate (APR) of 391%. Critics say borrowers could not possibly intend to pay that much for an advance on their

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University Endowment FundsUniversity Endowment Funds ListQuick Link: Hedge Fund Marketing GuideYesterday a hedge fund sent me this list of university endowments from Wikipedia and I thought I would share this with others involved in hedge fund marketing and sales.Institution Endowment (2005)billion USD Endowment (2006)billion USD Endowment (2007)billion USD Amherst College $ 1.155[1] $ 1.337[2] $ 1.662[3] ...

It looks like a few more institutions have caught on to my thesis of farmland as fantastic investment opportunity, which I began proposing this winter [Jun 5: NYTimes: Farmland is Gold, So Billions Invested in Farming]. This is a sea change - hard assets having more value than stupid "financial innovations" of a debt laden, credit based society. We're going old school.If I had a way to buy futures contracts on farmland I'd be buying that too. And yes I am very serious. I think values for farmland across the world are going to rocket in the next decade.The way things are going, within a decade farmland is going to have more value than ocean front property.I've said in the past if there was an easy instrument to purchase farmland, I'd like to be in it. Even more ...