Category Archives: Uncategorized

Why We’re Going Bankrupt

It doesn’t get much simpler than this: Fiscal 2011 Budget: $3,800,000,000,000Fiscal 2011 Deficit: $1,300,000,000,000Savings achieved by “tough choices”: $20,000,000,000Share of budget those savings represent: 0.5% From a January 30 post titled Tough Choices by White House Communications Director Daniel Pfeiffer: In the 2011 Budget we will release on Monday we terminated or reduced programs that […]

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Being Careful

We’ve been selling into strength, and also increased a hedge at the beginning of this week. I think the market is hitting a rough patch here, and that it would be wise to guard profits you’ve made on the way up.

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If You Hate Corporations, Then Don’t Buy Bonds

Many of my readers have written me over the past two years to express their anger toward the causes of the recession. They hate the government that succumbed to banking calls to relax regulations, and the government that pushed “affordable housing” which turned into “housing for even those who can’t afford it.” They hate the […]

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He Cometh

[youtube=http://www.youtube.com/watch?v=_0M__0Z1pjg]

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The Corporate Takeover of America

I finished a book last month, to be published by Wiley in June, that examines how financial manipulators at the top of every industry buy influence in government to create a legal and cultural backdrop that directs the assets of financially inept people in the general population into government, bank, and big business coffers. That […]

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