Volcker a Tipping Point?
Has a grownup finally shown up? Paul Volcker dropped a bombshell on Friday. The importance of his pronouncement is less economic than political. It appears…
Fed All In
Doug Noland of Prudent Bear comments on the Fed’s quarterly release of the Flow of Funds (emphasis added by me): “To summarize, there were no…
Deceptive Government Accounting
The manner in which the government keeps its books would shame Enron. Ditto for the statistics they report as economic data. Here is the latest…
Drain The Political Swamp
Have you ever wondered how a politician can enter office poor and leave rich? Have you ever heard of a Congressman losing his home or…
Stimulus “Results” Evaluated
The econometricians and empiricists “explain” the effects of the stimulus Is the American Recovery and Reinvestment Act of 2009 working? At the time of the…
Million Man March?
I haven’t seen anything like this reported in the mainstream media. http://bighollywood.breitbart.com/cburgard/2009/09/14/912-the-revolution-has-begun/ My post on 9/13 contains footage from CSPAN that indicates this was large.…