testosteronepit's blog
Greece’s Extortion Racket Maxed Out
Submitted by testosteronepit on 01/06/2012 00:39 -0500Troika inspectors will leave angry again. But this time, the Prime Minister put the nuclear option on the table....
California’s High-Speed Rail To Nowhere
Submitted by testosteronepit on 01/04/2012 21:08 -0500And once again, US taxpayers are asked to create high-level jobs overseas. Contenders: Germany, Japan, France, and China....
Construction Spending And The Housing Quagmire
Submitted by testosteronepit on 01/03/2012 20:06 -0500Construction trends may be good for incumbents, but for homeowners, banks, and taxpayers, they're costly....
French CEO About Ratings Agencies: ‘We Have To Shoot All These Guys’
Submitted by testosteronepit on 12/29/2011 19:50 -0500Until now, the crisis has touched mostly the financial world. But in 2012, it will hit the real economy.
The US Auto Industry Drifts Off To China
Submitted by testosteronepit on 12/28/2011 20:28 -0500China has set out to conquer the global automotive markets, but not by flooding them prematurely with Chinese-branded vehicles. It’s a government priority. And it’s through the back door
The Endgame: Japan Makes Another Move
Submitted by testosteronepit on 12/26/2011 14:39 -0500In the wrong direction. And the finance minister's solutions: a consumption tax and a miracle....
The Most Disparaged Profession
Submitted by testosteronepit on 12/21/2011 18:53 -0500Congress, the ideal American institution: it spends more than it takes in and borrows the difference. We love that. It means free money, services, wars, and other goodies. And yet....
The Previously Unthinkable Becomes A Planned Event
Submitted by testosteronepit on 12/20/2011 20:45 -0500At all levels: preparations for the collapse of the Eurozone. Even the public is now encouraged to prepare for it.
Mainstream Media Discover Ron Paul
Submitted by testosteronepit on 12/19/2011 19:46 -0500If you haven’t looked at The New York Times recently, you missed something BIG.
Merde! Chinese Wines Did What to French Wines?
Submitted by testosteronepit on 12/15/2011 18:41 -0500In France, the litany of job reductions continues: Air France, PSA, banks, Areva, Sanofi, newspapers, Seafrance. And now, its signature industry—wines—got slapped in the face. By China.
The Trade Debacle With China
Submitted by testosteronepit on 12/14/2011 19:23 -0500And now a trade war has broken out. Politicians, have a word with your corporate sponsors.
The Shriveling Middle Class In California
Submitted by testosteronepit on 12/09/2011 14:16 -0500California on the way to a banana republic. Culprits: declining incomes and disappearing jobs. Where the heck is the recovery?
Sarkozy: “The Risk That Europe Will Explode”
Submitted by testosteronepit on 12/08/2011 20:59 -0500The Swiss government prepares for a collapse of the euro while 27 EU heads of state meet to discuss treaty changes that would impose Germany’s new religion on them. Opposition is stiff, timing impossible.
The Strenuously Hushed-Up Fundamental Flaw In The Tax Code
Submitted by testosteronepit on 12/07/2011 20:36 -0500The reason why some profitable companies pay no taxes. And why others pay too much. It’s so fundamental to business taxation. But not even tax reformers dare to mention it.
The Endgame: Japan Inc. Plays By Its Own Rules
Submitted by testosteronepit on 12/06/2011 19:25 -0500Prime ministers get replaced every 8 to 15 months. Bureaucrats and corporate interests stay. Public debt turns into a mushroom cloud. Is it finally time to bet against Japan Inc.?
