“Land of the fee and home of the slave”
"O'er the land of the free and the home of the brave" is the last line of the national anthem, "The Star-Spangled Banner." This has been changed to "land of the fee…
Archive for 02/2011
DeMarxist (Democrat + Marxist)
"DeMarxist" or "DEMarxist" or "Demarxist" (Democrat + Marxist) is a nickname used by those who believe that the Democratic Party is very far to the left politically.…
“When a man retires, his wife gets twice the husband and half the salary”
“When a man retires, his wife gets twice/double the husband and half the salary/pay/income/cash" is an old retirement joke, cited in print since at least 1964. The saying has been credited…
Fraud Street (Wall Street nickname)
"Wall Street is looking more and more like Fraud Street," was printed on the June 17, 2002 New York (NY) Post, describing WorldCom and other major business scandals. The nickname…
Street of Dreams (Broadway)
Dream Street (1921) was a film by D. W. Griffith, with the action taking place in London. "Street of Dreams" (1932) was a song by Victor Young, but no specific place is specified in the…
Boulevard of Broken Hearts or Boulevard of Broken Dreams (Wall Street)
A book by Howard M. Wachtel was titled Street of Dreams: Boulevard of Broken Hearts; Wall Street's First Century (2003). The nickname "Boulevard of Broken Hearts" has been very…
Street of Dreams (Wall Street)
Wall Street is often called "The Street" and sometimes also called the "Street of Dreams." A book by Howard M. Wachtel was titled Street of Dreams: Boulevard of Broken Hearts;…
Permitorium or Permatorium (permit + moratorium)
"Permitorium" (permit + moratorium) was cited twice on October 12, 2010, when U.S. President Barack Obama's administration lifted the almost six-month ban on offshore energy…
“All gaps eventually get filled”
Investment jargon defines a "gap" as the difference between an investment's opening price and its prior day closing price. "All gaps (eventually) get filled/closed" means…
“We lose money on every sale, but make it up on volume”
Some retailers have low profit margins, but high volume. The old joke is told about a retailer who sold products below cost, losing a little money on each sale. "I make it up on volume,"…
“Where there’s smoke, there’s brisket”
"Where there’s smoke, there’s fire” is an old proverb. Texas is noted for its "low and slow" smoking of its brisket. The variant saying "where there's smoke,…
Whistleblower
Entry in progress -- B.P. Wikipedia: WhistleblowerA whistleblower (
Revolving Door
Entry in progress -- B.P. Wikipedia: Revolving door (politics)The revolving door is the movement of personnel between roles as legislators and regulators and the industries affected by the…
“It’s not what you make, it’s what you keep”
Entry in progress -- B.P. OCLC WorldCat recordIt's not what you make, it's what you keep : your year-round tax planning guide for keeping as much as the law allowsAuthor: Julian Block…
“Experience is a comb that life gives you after you lose your hair”
“Experience is a comb that life gives you after you lose your hair" is credited to Judith Stern. In his March 1955 syndicated newspaper column "Try and Stop Me," Bennett Cerf…
Angel Bond
Investopedia defines an "angel bond" as a bond that has a lower interest rate because of the issuing company's high credit rating. "Angel bonds" are said to be the opposite…
“The best public servant is the worst one”
Homer L. Ferguson (1873-1953), who was president of the U.S. Chamber of Commerce from 1919-1920, wrote "A Plea for Inefficiency in Government" in Nation's Business, November 1928,…
“Soak the rich”
"Soak the rich" means to take money from the rich (such as from taxes) so that the rich people will feel "soaked" (slang for "overcharged" or "ripped off").…
“Sports do not build character—they reveal it”
"Sports do not build character. They reveal it," said sportswriter Heywood Hale Broun (1918-2001), the son of newspaper columnist and sportswriter Heywood Broun (1888-1939). The quotation…
Crisis Commodity (gold)
Gold has been called a "crisis commodity" because investors turn to the historical stability of gold during times of crisis. The nickname "crisis commodity" has been used since…