Archive - Jan 2012 - Blog entry

The EU, in its current form, is most certainly in its final chapter as both the political environment and market conditions have rendered all proposed “solutions” to the crisis moot.

This is very likely the time to be fearful when others are greedy.

URGENT MESSAGE: I am Dr. Bakare Tunde Obama III, the cousin of Nigerian Astronaut, Barrister Jon Corzine...

In plain terms, both the IMF and Germany have stated they will help Greece if and only if Greece agrees to various measures… which they KNOW Greece cannot agree to. And so the Greek issue has become a kind of “hot potato” that no one wants to keep holding. Meanwhile, every day that this issues doesn’t get solved, the EU as a whole moves closer to systemic failure.

Cover up? What cover up?

Imagine pensions not paying retiree funds, insurers not paying claims, and banks collapsing everywhere. Sounds like fun? I will be discussing this live on RT's Capital Account with the lusciously locquacious Lauryn Lyster at 4:30pm.

All you need to read.

Chris Hedges, a Pulitzer Prize winning American journalist, author, and war correspondent, nails the reason that explains why it is so difficult to change a person’s mind when they are committed to believing something even when they are confronted with a mountain of evidence that points to the contrary. Chris states that universities have stripped away humanities and other courses that develop critical thinking skills and instead, due to the historical influences of men like Andrew Carnegie and John D. Rockefeller, focus on teaching young men and women “what to think” instead of “how to think.”

Weird ending to a weird story.

White House report claims credit for making America competitive with low-wage countries. But it wasn’t meant for the rank and file....

Independents would elect Paul over Obama.

Better get the word out folks...

I’ve received a number of emails regarding the fact that stocks continue to rally despite Europe being on the verge of Collapse. Once again, investors are forgetting that stocks are the most clueless asset class on the planet.

Indeed, here are three reasons why this latest stock market rally isn’t to be trusted.

Dear Sheep, thank you for your compliance. Sincerely, Wolf.

There was good news yesterday for taxpayers, sort of:  the Federal Reserve turned $76.9 billion in 2011 profits over to the U.S. Treasury.  The not so good news is that it amounts to a meager 2.6% return on the Fed’s $2.9 trillion  portfolio. That may be better than George Soros and John Paulson did last year, but at what risk?