Archive - Jan 2012 - Blog entry

The CBO report is a stinker.

While the “across the board” perspective looks quite bleak, there are going to be truly outstanding opportunities for wealth creation available to those entrepreneurs and businesspeople who are able to think creatively.

Your article gives the appearance of having been ghost written by Andrew Levander and/or the JP Morgan legal department.

"Quirky canary-in-the-coal-mine indicator" indicating trouble. 

Radioactive tritium released ... just like 75% of nuclear plants in America.

"The Sunshine State is a paradise of scandals teeming with drifters, deadbeats, and misfits drawn here by some dark primordial calling like demented trout. And you'd be surprised how many of them decide to run for public office."--Carl Hiaasen, author and native Floridian

[WARNING: GATORADE AND OTHER FRUITS AND BEVERAGES ARE NOT ADVISABLE NEAR THIS POST]

Ever want to know what a documentary that spits the truth about the rating agency scam and overall Ponzi would look like if it actually aired on international TV???

Fiat Infoporn

Panic at the mere thought of rising real wages.

Prepare yourself Florida, Banzai7 is ready and waiting for goofball Tuesday...

Sometimes it’s impossible to tell whether the financiers and politicians who carry water for the central banks are bad liars or just clueless dolts. A bureaucrat from the U.K. surfaced in the Wall Street Journal over the weekend, exhaling what seemed to us an ostentatious sigh of relief over the supposed success of the European Central Bank’s latest loan program: “[It provides] a very significant degree of breathing space to banks.” Yeah, sure. 

No shame. 

This morning, NPR and ProPublica, began reporting on financial transactions at Freddie Mac that bet against homeowner refinancing with their portfolio.

To picture how a cutback in social programs will impact the US populace, consider that in 2011, 48% of Americans lived in a household in which at least one member received some kind of Government benefit. Over 45 million Americans currently receive food stamps. And 43% of Americans aged 65-74 are Medicare beneficiaries. Consider the impact that even a 10% reduction in these various programs would have on the US populace.

All you need to read.