Archive - Jan 2012 - Blog entry

The circle remained exclusive because real influence, for Mills, was located not in individuals (where it should be for that would release true creative and productive energies from said individual into greater society), but in their access to the “command of major institutions…the necessary bases of power, of wealth, and of prestige.”

Lesson to be learned - never be a small investor!

Against this highly deflationary backdrop, the one primary prop for the markets is hope of more juice/credit from the world Central Banks. However, even that prop is losing its strength: the gains of the last coordinated Central Bank intervention lasted just a few weeks.

Poor, poor Federal Reserve.

I'm not talking about Al Gore ... I'm talking about the guys who actually invented the Internet

A confirmation on this could come shortly. My thoughts if it should come to pass.

Thrust upon a middle class bleary, they were plundered, while weak and weary, Over many a tainted and spurious document came a forger’s reward.

All you need to know.

Can Austerity Work?

What can go wrong, almost always goes wrong. Some thoughts on how this will play out.

(my effort at levity)

So while there are more bulls, they are chasing prices higher with one hand already on the eject button.

Life goes on, so does the stock market. 

What Could Possibly Go Wrong?

European nations need to roll over hundreds of billions if not trillions of Euros’ worth of debt in 2012. And this is at a time when even more solvent members such as France and Germany are staging weak and failed auctions.

Just kidding...