Bruce Krasting's blog

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Experts on the Deficit





What bothers me is that those who are now pushing the story that deficits aren't a problem, are the same ones who will be crying, "We never could have seen that happening", when the SHTF again.

 
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Everyone Loves Abe?





The love affair with Abe is a short.

 
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COLA Changes - Pro and Con





The numbers we are faced with are so large, the COLA changes are really just a rounding error.

 
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On Awful Deals and France





MS has brought us another Awful Deal, basically MS sold Offal to the public.

 
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Who’s to Blame?





The cuts for the balance of the fiscal year come to $42b; an amount that is equivalent to 45 points on Apple’s market capitalization. Not a big deal??

 
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Jack Lew on Social Security - Dump It!





Oh well, who cares about things in the past?

 
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Corker Vs Bernanke





Bernanke: "None of the things you said are accurate"

Corker: "Oh yes they are"

 
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Bernanke - Spend More, I'll Buy The Bonds!





I heard Ben say, "Buy gold and short bonds".

 
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On the Global Numbers - CIA Edition





Some interesting numbers from the Spooks.

 
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The Best Thing to Happen to America in a Long Time





To the Execs at Walmart, and all of those other retailers that are feeling the SS pinch, I say "Welcome to the club".

 
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Obama - Let's Do Another Fannie





The President's proposals are gimmicks to hide debt.

 
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Paul Versus Joe





I think it's the Atlantic that could use a lesson on markets and the economy.

 
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G-20 Green-Lights Another Big Move in the Yen?





Fundamentals? What the hell does that mean?

 
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On Job Openings the Minimum Wage and Being Middle Class





 

Bottom line? $100 an hour is the minimum wage for a person with a family in NY. The Prez is offering $9.

 
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