Archive - Aug 2011 - Blog entry

Excuse the rant. But Ms Romer is just misleading the country. We will pay a big price for her lies.

HFT Update after last week's volatile trading sessions.

For your entertainment on a slow August weekend...

Two years after the bailout, the Treasury Dept. already declared milestone reached in June, 2010 when  "Repayments to Taxpayers Surpass Tarp Funds Outstanding."   But a recent analysis done by the Center for Media and Decmocracy (CMD), pointing to an actual total still outstanding at $1.5 trillion.

The dust has far from settled on the Washington stalemate over setting a new debt limit. As Thomas Sowell pointed out, so logically, were an increase in the debt ceiling only  “routine”, held up by pesky Congressional Tea Partiers, as the spenders charged, then what would be the purpose of having a ceiling at all? But while an indecorous debate encapsulated the larger ideological divide, America rapidly moves on, remorselessly, to threatening politico-economic issues cascading in from Europe and Asia as well as at home.

There are a cluster of problems involving Fukushima ...

But the administration - despite its rhetoric - is doing nothing to decrease unemployment, and is solely helping the super-rich at the expense of everyone else ...

This one will be on our doorstep in five weeks. Also, a new AAA hits the street. This is better than the USA? Go figure.

"By suggesting, without adequate support, that the registries are full of fraudulent and defective documents, clouding thousands of titles, YOU are adding to the public's confusion and hesitancy to re-enter the real estate market."

The model in my forecast says that meaningful reform to the status quo will not be readily accepted by the power elite. They will promote a 'new normal' which will span a leisurely 'five to ten years' for economic recovery, while they are comfortably standing above it all on other people's necks.

As long as you have a plan and the conviction to execute that plan, then you should be able navigate a fairly hostile environment known as the market.

Don't just do something, stand there! 

As I promised earlier this week, today, I am presenting the darker side of a centrally planned economy: The building of total chaos. 

The European ban on shorts for financial companies was allegedly justified by false rumors. The only thing false that justifies banning is the balance sheets and funding models of many of the banks in question. Available nowhere else on the web,  I Forensically Prove A Run On A French Bank Is Justified And Likely, Step by Step

Relevant news (better late than...)