Archive - Jun 2012 - Blog entry

Headlines & stories from the day

To the bloody end.

We will get a test once again as to the effectiveness of the central bank/MoT confidence game.

The Fed and the ECB have successfully concealed the fact that many of the big money center-like banks are truly zombified to the nth degree. What do you think happens when secondary shocks rumble through the system and banks are expected to show an prove?

And a fat assed PhD...

The employment numbers that came out Friday were very bad and caught most economists and analysts by surprise. Nothing the Fed has done has worked. Once again the ranks of the unemployed grow, wages flatten out, manufacturing weakens, GDP declines, and savings are spent to maintain lifestyles. The U.S. and much of the rest of the world is heading toward stagnation, if not recession. Yet, despite the failures of central bank policies, they will persist in doing the same wrong thing again. Here we review the data and explain why things are heading south.

Before or after breakfast...

All you need to read.

And Greece is the model for Spain and Italy.

Instead of a "botched" event, the Facebook IPO is actually a total success by Wall Street standard, since concerted effort appeared to have been made  to ensure an "acceptable" return for the insiders.

The housing market is sending mixed signals in 2012.

10 Questions ...

True tales of Capitalist Cannibalism...

A Micro-Movie on denial and the dollar.

Excuse a rant...