Tagged: economy

The Upcoming Budget & Deficit Battle – Go Ahead, Kick That Can Down The Road. Here’s Some Reasons Why. 0

The Upcoming Budget & Deficit Battle – Go Ahead, Kick That Can Down The Road. Here’s Some Reasons Why.

Go ahead, kick it again, you know you wanna.      Congress will be back from summer camp in a couple of weeks for more warfare over budgets and deficits.  All parties are thinking big,...

08-09-2011 – Stock Market: Confusion Reigns On The High Ground 0

08-09-2011 – Stock Market: Confusion Reigns On The High Ground

[[[To view the complete and formatted article, click “READ MORE” now. . .]]]  We found the UP elevator!!  And this despite an equivocal Federal Reserve announcement; manufacturing and productivity down; unemployment still up with more folks...

08-08-2011: Stock Market Craters Two Days Running . . . 0

08-08-2011: Stock Market Craters Two Days Running . . .

To view the complete and formatted article, click “READ MORE” now. . . It’s not surprising.  High unemployment . . . massive cutbacks in government spending at all levels that will be felt more...

The Wounded Stock Market, the Political Abandonment Of The Working Class, And The Rise Of The Planet Of The Apes. 0

The Wounded Stock Market, the Political Abandonment Of The Working Class, And The Rise Of The Planet Of The Apes.

[NOTE- To get to a well-formatted version of the entire article, just click the Read More button at the lower right now.]                        Today, I’m not simply referencing the equities market collapse over the past week,...

Debt Ceiling Deadline – Treasuries Send Mildly Mixed Message In July. 0

Debt Ceiling Deadline – Treasuries Send Mildly Mixed Message In July.

Among commentators almost everywhere, this July was a month of growing worry about the likelihood of  raising the debt ceiling.  The Treasury bond market, often a bellwether of investor nervousness, basked in overall confidence, however....

The Debt Ceiling Fight – Tea Partiers’ Job Descriptions Include Mayhem! 0

The Debt Ceiling Fight – Tea Partiers’ Job Descriptions Include Mayhem!

“They all step back and say — ‘The president needs to get this done.’ At a certain point they need to do their job.’” President Barack Obama, press conference, 06-29-2011 For many years people...

The Happy Feet Of “Irrational Exuberance” Lifts The Stock Market. 1

The Happy Feet Of “Irrational Exuberance” Lifts The Stock Market.

Yesterday, the Wall Street Journal published an article about the day’s stock market action.   It was a good day.  The Journal, although somewhat restrained, found an equities analyst who shows the signs of coming troubles,...

“. . . borne back ceaselessly into the past.” 1

“. . . borne back ceaselessly into the past.”

“So we beat on, boats against the current, borne back ceaselessly into the past.” It’s time again to read The Great Gatsby, F. Scott Fitzgerald’s astoundingly affecting novella immortalizing the craven gilding of the...

Monetize Me! A Modest Proposal for a New World Reserve Currency. 1

Monetize Me! A Modest Proposal for a New World Reserve Currency.

Brother, can you lend me a Bancor? As the U.S. government continues to sell large amounts of Treasury securities talk has turned – as it often does – to concerns over the long term...

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