Archive - Apr 14, 2011 - Blog entry

Eliot Spitzer challenged investment banker Goldman Sachs: "Sue me. You lied to the public. You should be prosecuted". Is Spitzer right?

You don't have to break the bank buying some new fad "superfood" ... common and inexpensive foods can contain high amounts of antioxidants (which help fight disease and protect against radiation)

Land of the Free, Home of the Zapped?

Every major country is experiencing price inflation as a result of monetary inflation and it is starting to impact their economies. US Ex-Im prices and trade indicate that we are experiencing price inflation, regardless what the CPI says, and that it is weakening the economy.

Our recent discussion of whether deflation or hyperinflation will lay waste to the economy elicited hundreds of responses. Two of particular interest are featured below. The first, from blogger Charles Hugh Smith, explains why it may be impossible to know with any certainty which of the two forces will prevail. The second, the thoughts of a Wyoming rancher, suggests that in a crisis, we may discover that our need for protein trumps concerns over gold, silver, Treasury paper and the dollar.

Announcing the findings of a Senate panel investigating the financial crisis, Senator Carl Levin (D-MI) called Goldman Sachs “a financial snake pit rife with greed, conflicts of interest, and wrongdoing,” adding that C.E.O. Lloyd Blankfein should possibly face perjury charges...This must be yet another job for...

Rising living costs are causing hardship for British pensioners, with 58% saying they are "just getting by" or worse, according to research. And things aren't better for pensioners living on a tight budget in Europe, Canada and the US...