With the "inmates in charge of the asylum" during this holiday shortened trading week it seemed to be an apropriate opportunity to share a virtual cornucopia of topics to consider while enjoying the delicious delicacies, and subsequent tryptophan induced comas, of a traditional Thanksgiving.
“Humanitarian” War Contradicts 200 Years of Liberal Thought
We skipped the first part of today's hearing by the Ron Paul-chaired Domestic Monetary Policy and Technology Subcommittee titled “Improving the Federal Reserve System: Examining Legislation to Reform the Fed and Other Alternatives” as one of the two panelists was Barney Frank, which immediately meant it would be a complete and utter waste of time, and everyone would walk away far dumber from it, with god likely not having mercy on anyone's soul. The second part however promises to be far more interesting featuring such names as John Taylor (not the FX Concepts Taylor or the musician), Peter Klein, James Galbraith and Alice Rivlin. While everyone knows wha has to be done about the Fed, the likelihood that this will happen before the Big Reset is zero, but at least people can talk, dream and speculate. Watch the live webcast for more of the latter.
Fraud ... What Fraud?
Anyone Who Thinks that War Is Good For the Economy Has One Eye Covered ... And Is Only Looking At Half the Picture ...
Nobel Prize-Winning Economist: “War Is Widely Thought To Be Linked To Economic Good Times … NONSENSE”Submitted by George Washington on 11/01/2011 02:48 -0500
A no brainer ...
Housing Prices Have Already Fallen More than During the Great Depression ... How Much Lower Will They Go?Submitted by George Washington on 06/05/2011 11:09 -0500
Other than that, everything is great!
Gallup Poll Shows that More Americans Believe the U.S. is in a Depression than is Growing … Are They Right?Submitted by George Washington on 04/29/2011 01:00 -0500
How can so many Americans believe that we’re in a depression, when the stock market and commodity prices have been booming?
Top Economists: Trust is Necessary for a Stable Economy ... But Trust Won't Be Restored Until We Prosecute Wall Street FraudSubmitted by George Washington on 03/07/2011 19:59 -0500
"You put Lloyd Blankfein in pound-me-in-the-ass prison for one six-month term, and all this bullshit would stop, all over Wall Street," says a former congressional aide. "That's all it would take. Just once."
We Cannot Separate Economics and Politics. And Those Who Speak Out Against Bad Policy Are Helping the Economy ... And Our Individual InvestmentsSubmitted by George Washington on 02/08/2011 10:13 -0500
If people tell you to keep politics out of economic and investing discussions, show 'em this ...
"As is the case with most 'gold panel' commissions, those who control the game make sure they can skate away."
Hidden tax ...
To find out, we'll look at a couple comparisons to get an idea of what is going on in the rest of the economy. And then we'll compare the government's efforts in the 1930s to today ...