online.wsj.com/article/SB1000142405274870344700457...wsTop
The commercial property crisis quietly rolls forward in spite of all the cover-up, accounting changes, bank rescues, etc. http://chum.ly/n/2d61f3
Monday, August 30, 2010
Friday, August 27, 2010
Morgan Stanley Says Government Defaults Inevitable - Bloomberg
www.bloomberg.com/news/2010-08-25/morgan-stanley-s....html
Government default is not a question of if, but rather how and when. Actually our govt. has already been technically defaulting through its quantitative easing (printing money and lending it to yourself) program at the Fed. http://chum.ly/n/2c9b3d
Government default is not a question of if, but rather how and when. Actually our govt. has already been technically defaulting through its quantitative easing (printing money and lending it to yourself) program at the Fed. http://chum.ly/n/2c9b3d
Fed in emergency bid to put bailout ruling on hold | Reuters
www.reuters.com/article/idUSTRE67M4E520100825?utm_...ws%29
How is this for transparency? Apparently, if we knew the truth, all would be lost from the Feds point of view. The grand manipulation would have to end if the American public were allowed to view the facts. http://chum.ly/n/2c9323
How is this for transparency? Apparently, if we knew the truth, all would be lost from the Feds point of view. The grand manipulation would have to end if the American public were allowed to view the facts. http://chum.ly/n/2c9323
It pays to riot in Europe – Telegraph Blogs
blogs.telegraph.co.uk/finance/ambroseevans-pritcha...urope
A peek into America's future? Moodys warned us months ago about unsustainable debt levels potentially leading to social unrest, and they are famously behind the curve on doing their job. http://chum.ly/n/2c9249
A peek into America's future? Moodys warned us months ago about unsustainable debt levels potentially leading to social unrest, and they are famously behind the curve on doing their job. http://chum.ly/n/2c9249
Wednesday, August 25, 2010
Home sales plunge as fear grows | detnews.com | The Detroit News
www.detnews.com/article/20100825/BIZ/8250395/Home-...grows
The government sponsored "recovery" continues to show its strength. We will not have a recovery until we deal with the twin problems of too much debt and too much government. http://chum.ly/n/2be310
The government sponsored "recovery" continues to show its strength. We will not have a recovery until we deal with the twin problems of too much debt and too much government. http://chum.ly/n/2be310
THERE WILL BE NO DOUBLE DIP
matterhornassetmanagement.com/2010/08/16/there-wil...e-dip
Here is a "big picture" financial overview of where we are and have come from. For some reason the author thinks wealth does not come from a printing press. What's up with that? http://chum.ly/n/2be2b6
Here is a "big picture" financial overview of where we are and have come from. For some reason the author thinks wealth does not come from a printing press. What's up with that? http://chum.ly/n/2be2b6
Tuesday, August 24, 2010
America no longer needs Chinese money, for now - Telegraph
www.telegraph.co.uk/finance/comment/7958823/Americ....html
As I have said, our political class has bankrupted us. http://chum.ly/n/2b8156
As I have said, our political class has bankrupted us. http://chum.ly/n/2b8156
Monday, August 23, 2010
On the Way Down: The Erosion of America's Middle Class - SPIEGEL ONLINE - News - International
www.spiegel.de/international/zeitgeist/0,1518,7124....html
This article gets one thing wrong, it says that in America the free market is king. No, in America big government and big business are king. They have formed an un-holy alliance and are unaccountable to either share holders or voters anymore but write regulations that strangle entrepreneurship and that form a moat around their socialistic fort. http://chum.ly/n/2b244d
This article gets one thing wrong, it says that in America the free market is king. No, in America big government and big business are king. They have formed an un-holy alliance and are unaccountable to either share holders or voters anymore but write regulations that strangle entrepreneurship and that form a moat around their socialistic fort. http://chum.ly/n/2b244d
'Atlas Shrugged': From Fiction to Fact in 52 Years - WSJ.com (expand)online.wsj.com/home-page
online.wsj.com/article/SB123146363567166677.html?K...+Year
This article is over a year old, but like the book it mentions, seems to be even more timely now than it was when written. http://chum.ly/n/2b231a
This article is over a year old, but like the book it mentions, seems to be even more timely now than it was when written. http://chum.ly/n/2b231a
Thursday, August 19, 2010
Entering a Death Spiral?: Tensions Rise in Greece as Austerity Measures Backfire - SPIEGEL ONLINE - News - International
www.spiegel.de/international/europe/0,1518,712511,....html
Greece is trapped. Too much spending for too long. Too many people employed by the government. Too much debt. Too small a private sector to sustain the weight of the public sector. Same trap we are in. http://chum.ly/n/29eb8a
Greece is trapped. Too much spending for too long. Too many people employed by the government. Too much debt. Too small a private sector to sustain the weight of the public sector. Same trap we are in. http://chum.ly/n/29eb8a
Wednesday, August 18, 2010
China Doubles Korea Bond Holdings as Asia Switches From Dollar - Bloomberg
www.bloomberg.com/news/2010-08-18/china-doubles-ko....html
Since our politicians refuse to be self-disciplined, the markets ultimately will do it to us. http://chum.ly/n/29b098
Since our politicians refuse to be self-disciplined, the markets ultimately will do it to us. http://chum.ly/n/29b098
Friday, August 13, 2010
Foreign firms helped by U.S. bailouts: panel - Yahoo! News
news.yahoo.com/s/nm/20100812/ts_nm/us_usa_banks_ba...out_4
"...the panel cannot determine the ultimate recipient of most TARP bailout money...", a peek into federal transparency. http://chum.ly/n/2888da
"...the panel cannot determine the ultimate recipient of most TARP bailout money...", a peek into federal transparency. http://chum.ly/n/2888da
Friday, August 6, 2010
Agflation fears as Russia halts all grain exports - Telegraph
www.telegraph.co.uk/finance/comment/ambroseevans_p....html
While domestically we are worrying about deflation, it looks like we may be facing some inflationary pressures in the food supply chain. Twenty five percent of world wheat exports shut down--should have some pretty dramatic effects. http://chum.ly/n/2674a0
While domestically we are worrying about deflation, it looks like we may be facing some inflationary pressures in the food supply chain. Twenty five percent of world wheat exports shut down--should have some pretty dramatic effects. http://chum.ly/n/2674a0
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