Archive - Jan 30, 2011 - Blog entry

Wrapping up last week, and what we're looking at next week.

The effort in Washington State draws heavily on the success of the 92-year-old Bank of North Dakota (BND), currently the only state-wide publicly-owned U.S. bank.

Words spoken by a Hillary of beans...

The War on Terror was supposed to be about bringing democracy to the Middle East, among other things … wasn’t it?

More studies touting the "benefits of private equity"...

Over the last 30 years, the US has built up record debts on a personal, state, and national level. Consumers thought they were financially stable so long as they could cover the interest payments on their credit cards, states created program after program few if any of which they could afford, and the Federal Government issued $30-50 trillion in debt and liabilities (counting Social Security and Medicare).

It seems that Mr. Moraitis is more concerned that our judiciary become an auction house instead of a place where constitutional rights and due process of law is upheld.

Events are moving very quickly in Egypt...

Should we get the headline that the Swiss have acted against another leader I would recommend getting long physical gold, fast. If hot money is not safe in a Swiss account it will go into physical gold.

It was touch and go this week, but in the end and as suspected in last week's comments, the "this time is different" scenario will not play out.

Holy(land) shit did the market sell off on Friday as civil (or more exactly, uncivil) unrest overran the streets of Egypt like...

Looks that way ...