Although this news came out a few days ago, I needed something for my Saturday note because I’m traveling and don’t have time to write…and since the story shows Joe Biden, yet again, to be a dunce, I’m guessing many of you… more »
While I predicted (though not with high confidence) a potential temporary market rally over the next few weeks, the market simply can’t fight through the continuing stream of economic fascism (and I do not mean that as hyperbole) coming from the… more »
On Wednesday, the National Association of Realtors reported that existing home sales fell 5.3% in January, much worse than expectations, and the slowest sales rate in 11 years.
There was an interesting comment from NAR’s senior economist,… more »
Official: Budget projects $1.75 trillion deficit
GM posts $9.6B 4Q loss, burns through $6.2B cash
Royal Bank of Scotland reports $34 billion annual loss
Ukraine’s credit rating cut by S&P amid default fears
We’re surrounded by the… more »
Since I wrote two weeks ago about the stock market’s negative reaction to the Obama Administration’s steady stream of bailouts, “investments", and socialism, the market has fallen further (about 8% at yesterday’s close) to levels… more »
Let’s start with the good part of President Obama’s State of the Union speech last night, since that’s a much shorter task:
He said his administration has “identified $2 trillion in savings over the next decade.” (A… more »
On Tuesday morning, a satellite launched from Vandenberg Air Force Base in California failed to achieve orbit and apparently plunged to it’s electronic death somewhere near Antarctica.
I’m of very mixed emotions about this.
The satellite… more »
My friend “The Freak” offered the following as a comment to a prior blog post linking to two articles about economic fascism on the rise in America. I thought it was worth having its own posting rather than just being a comment.… more »
Thanks to Amanda of Liberty on the Rocks for this graphic demonstration of what your government is doing to your financial future.
title : 'Your nest egg on the government bailout plan',… more »