Archive - Feb 2012 - Blog entry
February 18th
Suddenly, a Sharp Deterioration in the Job Market
Submitted by testosteronepit on 02/18/2012 23:43 -0500The BLS better have some tricks up its statistical sleeve.
SeX And PoLiTiCS, THe NeW NeW AMeRiCaN ReLiGioN
Submitted by williambanzai7 on 02/18/2012 21:24 -0500"The biggest threat to America...is moving toward a fascist theocracy...."--Frank Zappa
Losing Graciously
Submitted by Tim Knight from Slope of Hope on 02/18/2012 18:03 -0500
There's a very well-known publisher of market commentary which - like me - has been largely bearish over the past two and a half years. What is irksome to me is that, in the face of a market which has done little but push higher all this time, they keep pointing to a chart showing that in "real dollars" (in their view, gold) the market has indeed been crashing.
Ummm, that's stupid. Gold is an asset, but it isn't used as money in our society. Do you buy groceries with it? Pay your mortgage with it? Pay school tuition with it? I didn't think so.
I could make ANY prediction about ANY market and be correct if you allowed me to choose some kind of "currency" as a benchmark. Over any span of time, you can find something which has gone either up or down in value to support your claim, if that's what you're allowed to use as your divisor.
On the "Simple" Extension of the 2% Reduction in Payroll Taxes
Submitted by Bruce Krasting on 02/18/2012 17:53 -0500Stepping softly onto a slippery slope...
Santelli to Chilton: Will the SEC Serve Itself a Wells Notice Regarding an MF Global Bond Offering?
Submitted by EB on 02/18/2012 14:09 -0500
CFTC Comissioner Runs From Questions, Admits SEC Should be “Looked Into”
LTRO and the Markets
Submitted by MacroAndCheese on 02/18/2012 11:29 -0500QE 3? Been there, done that
February 17th
Millions of Evangelical Christians Want to Start WWIII to Speed the "Second Coming" ... and Atheist Neocons are Using Religion
Submitted by George Washington on 02/17/2012 22:07 -0500To stir them up and start a war with Iran ...
That Giant Sucking Sound in California
Submitted by testosteronepit on 02/17/2012 20:34 -0500President Obama was in town, fundraising.
WoRRieD ABouT DoMeSTiC TeRRoRiST THReaTS?
Submitted by williambanzai7 on 02/17/2012 16:11 -0500This will make your hair stand on end...and according to news reports, it could happen as early as this Summer.
WoLFGaNG SCHaUBLE...MaRaTHoN MeNSCH
Submitted by williambanzai7 on 02/17/2012 14:18 -0500Ja, it is definitely safe...
The Triumvirate of Wall Street/ the Fed/ and US Politicians is Crumbling Pt 2
Submitted by Phoenix Capital Research on 02/17/2012 13:41 -0500One thing is for certain, the litigation is beginning to shift from minor players to major players at the core of the Financial Crisis. Investors take note, this is a major shift and needs to be monitored as it will have major implications for market dynamics going forward.
The AAPL/RIMM Ratio from 2008 to Present
Submitted by Tim Knight from Slope of Hope on 02/17/2012 12:59 -0500Just for fun - a ratio chart of Apple versus Research in Motion from 2008 to present. It's a stunner.
McDonalds vs. Facebook - Toss me a BigMac
Submitted by ilene on 02/17/2012 10:19 -0500We all want to be the kid who gets rich quick and drives away in the Porsche.
Update on Middle Eastern Wars
Submitted by George Washington on 02/17/2012 02:45 -0500The drums of war are beating louder and louder ... What's really going on?
February 16th
Ironic EU Begging Expedition to China
Submitted by testosteronepit on 02/16/2012 23:48 -0500At least, Premier Wen Jiabao didn’t kick out the conniving scoundrels.
