Monty Pelerin's World

Wolf Richter   www.testosteronepit.com: Congress is the ideal American institution: it spends far more than it takes in and borrows the difference. We love that. To heck with the future. It means [...]

Comments from a friend via email. Even Hitler could probably get 25% approval in our dumb-downed electorate. The Bubonic Plague would poll better than this. 2010 CONGRESS NOT SETTING A [...]

From Consent of the Governed: I have two articles of interest to share with you – especially if you have some sort of nest egg. First off - Congress and Obama [...]

From Rasmussen: “Forty-one percent (41%) of voters say that a group of people randomly selected from the phone book would do a better job than the current Congress. Thirty-eight percent (38%) [...]

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In a further sign of the deterioration of society, the wealthy (or formerly wealthy) believe they are entitled to be bailed out for their losses. The victims of the Madoff [...]

The following appeared on American Thinker today. An expanded article dealing with the same topic will soon be posted at Monty Pelerin’s World. February 27, 2010 2010 will be a [...]

Tough Guy Bernanke Blows Smoke Fed Chairman Ben Bernanke appeared before Congress this week wearing his “bad guy” face. I did not watch his testimony either day. Apparently, based on [...]

It is very difficult to determine how our economic situation plays out. The economy continues to weaken. There is no recovery under way. Markets generally seem overvalued. On top of [...]

Corruption, Ineptness and Duplicity — The Description of  Washington, DC For anyone still under the delusion that the government is actually a neutral referee or that we will get out [...]

The politicians have formed a circular firing squad as evident in the confidence survey below. While financial markets continue to levitate like Wile E. Coyote without terra firma, the Democrats [...]

Image via Wikipedia Image by The Library of Congress via Flickr “We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but [...]