Archive - Feb 2012 - Blog entry
February 10th
DeBT ZePPeLiN EURO
Submitted by williambanzai7 on 02/10/2012 08:15 -0500If you do not change direction, you may end up where you are heading.--Lao Tzu
Fraud & Technicals Converge to Make US Stock Markets Ripe for a Sell-Off
Submitted by smartknowledgeu on 02/10/2012 05:57 -0500In real terms, if a continued rise in US markets is accomplished through covert or overt QE, ironically one will grow poorer as the nominal dollar amount of one’s US portfolio rises but one's purchasing power of said dollar plummets. So rise or bust, either way you lose.
Bait And Switch: California High-Speed Rail to Nowhere
Submitted by testosteronepit on 02/10/2012 01:35 -0500A scandal before construction has even started.
February 9th
Why You No Like Facts? Core Inflation vs. Disposable Income
Submitted by CrownThomas on 02/09/2012 21:54 -0500As I reminded you the other day, Ben Bernanke isn't worried about inflation. That's good to know, but what are some other facts that we can look at to determine where prices and / or purchasing power are headed. Two indicators that are relevant to this topic are core inflation (everyone's favorite to point to, since it excludes those pesky inflationary items food & energy), and income.
Economists Surprised Again By Unemployment Claims, Should Not Have Been
Submitted by ilene on 02/09/2012 21:37 -0500Lots of motion, little progress.
On Banknotes
Submitted by Bruce Krasting on 02/09/2012 16:16 -0500This is the weirdest “bubble” I have seen.
ANoTHeR WaLL STReeT GaNG BaNG: THiS WaY...
Submitted by williambanzai7 on 02/09/2012 14:36 -0500It's all good and well to help struggling underwater homeowners, but for those of us who will not receive a dime of this measly settlement, the restoration of trust in the markets is of greater concern. In this regard, accountability for the flagrant and intentional disregard of the rule of law continues to be profitably ignored.--WB7
ECB Enters CLO Business
Submitted by MacroAndCheese on 02/09/2012 12:58 -0500It takes a central banker from Goldman Sachs to conceive of the world's largest CLO, and enlist the Eurozone's central banks to do the credit analysis.
Watch The Evidence Of Global Real Estate Travails Mount As I Find Stock to Short
Submitted by Reggie Middleton on 02/09/2012 12:42 -0500Here comes the (re)crash and the search for shortable stock is on! The good thing about bankruptcy is that despite silly manilly market, bankrupt is bankrupt and the stock will act accordingly. Ask GGP/LEH investors.
Government Uses Anti-Terror Laws to Crush Dissent and Help the Too Big to Fail Businesses
Submitted by George Washington on 02/09/2012 12:12 -0500When the Powers-That-Be Can Label All Americans Terrorists, They Can Arbitrarily Harass Anyone They Dislike
BREaKiNG TRoiKa NeWS...PART II
Submitted by williambanzai7 on 02/09/2012 08:30 -0500This is not a drill...
Playing on Iran’s Home Court: The Great Strait of Hormuz Test
Submitted by ilene on 02/09/2012 01:48 -0500Iran has the capability of creating a world of hurt for the U.S. Navy’s 5th Fleet.
February 8th
Michael Pento On Gold, Inflation, and Interest Rates
Submitted by CrownThomas on 02/08/2012 22:43 -0500One of the few sane economists out there is Michael Pento of Pento Portfolio Strategies (formerly of Peter Schiff's Euro Pacific Capital).
Here is an interesting interview he did with Bloomberg back in December where he discusses his typical range of topics: Gold, Inflation, and Interest rates
Notable comments:
Liberty & Freedom - Are We Missing Warning Signs?
Submitted by CrownThomas on 02/08/2012 22:03 -0500There's a clear cause and effect here that is as neat and predictable as a law of physics: as Government expands, liberty contracts - Reagan
Foreign Troops Enter Syria
Submitted by George Washington on 02/08/2012 18:28 -0500Foreign Troops Already Involved In Syrian War
