Bruce Krasting's blog

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NIH on Abbott Labs - "They lied"





It's not just the banks that are screwing us.

 
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"We want our secrets kept secret" - FHFA Director





A rehash of an old story. Answer this question and you seal the fate of the Fed.

 
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Joplin – Nino did it





What's with these tornadoes?

 
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SS - The interest issue





Compounded interest is vital to SS. But is that fair?

 
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CBO report – “FHA ripping off taxpayers by $5 billion a year!”





The CBO takes a shot at the FHA.

 
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BK to Tim G. – “Prove it!”





I'm calling their bluff. If Treasury answers this, I will publish their response.

 
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D.C. – “We want it both ways”





Where's the fairness in this one?

 
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CBO Report – “Get used to the potholes!”





Just another mess on the horizon.

 
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SS Trust Fund - "We lost $1.1 Trillion last year!"





This disaster is gathering speed.

 
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Obama on Corporate Taxes – “Whatever GE wants”





I think the Obama-Immelt love affair will end badly. Immelt's proposal on taxes is what you would expect. Self Serving.

 
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Blame the Fed for commodity speculation





Don't blame the specs. Look what's drawing the specs to the fire.

 
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Sock it to the Billionaires!





Sounds good, but it will backfire. It's not the billionaires who will pay.

 
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High-End RE = "Dead Money"





Own a home? Don't expect to be selling it anytime soon.

 
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Other News





Odds and ends for a Monday.

 
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Greeks stay In





No exit for Greece. So they're doomed in my opinion.

 
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