Archive - Apr 10, 2010 - Blog entry

Here is your opportunity to get into the banking business. You can get in on the ground floor and the top floor on this sweet deal.

I am tired of the cheerleading by the mainstream press where they see every positive sign as a sure sign of recovery and every negative sign as "unexpected." Every article I read on new data from the Wall Street Journal or Bloomberg is the same--with mind numbing regularity.

According to Michael Hudson, government debt in Greece is just the first in a series of European debt bombs that are set to explode. Read his excellent comment and listen to his interview On The Edge with Max Keiser where he says the latest health care reform was a giveaway to private health insurers and governments around the world are committing economic suicide by adopting IMF austerity measures while they pile on more debt.