Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
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Radio Free Wall Street
Posts Tagged ‘ People ’
Social Fractals and the Corruption of America
Social fractals and social control myths help explain the complete corruption of America.
Correspondent Kathy K. recently elucidated a powerful concept: social fractals. We typically think of fractals--structures that are scale-invariant--as ...
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The New American Dream: Rent, Don’t Buy
Call it the Big Selloff—America is headed toward a future in which fewer people own the spaces they call home. The effective homeownership rate, which excludes borrowers whose homes are underwater, stands at 62 percent, down from 69 percent in 2006...
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American Privilege Rots an Empire From Within
A rising empire rewards people who contribute to its growth and invest in its future. The empire’s decline begins when certain members of society are over-rewarded by means of privileges, and the empire’s money is wasted on outdated endeavors. ...
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First Year Analyst to the 99%: "The Finance Industry is a Complete Scam!"
In an open letter posted on Reddit, a first year Wall Street analyst is doing his part to help Occupy Wall Street — by explaining how some of the things they're most upset about actually work.
"I'm writing this in hopes that the OWS movement ca...
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Feds Shut Down Sellers of Fake Goods
Amazing how responsive and efficient the government is when protecting the profits of the corporatocracy. Not that I'm defending copyright infringement.
Of course this has to be done to protect people from buying fake drugs. I'm wondering if the Fed ...
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Welcome To Austerityville
PONTIAC, Mich.—To get to city hall, you drive up I-75, past the empty Silverdome where the Detroit Lions used to play, and into a nondescript concrete municipal building. The city clerk was laid off a few days ago, but the door to her office hangs...
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Think Taxes Are Too High?………….Think Again
Most people in America understand that, to fix our massive debt-and-deficit problem, we're going to have to raise taxes and cut spending.
Raise taxes AND cut spending. Not one or the other.
But some people insist that the problem can be fixed by ...
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Pretzel Logic’s E Wave Commentary SPX Update: Will the Waterfall Crash Continue?
So far, the market has lived up to my prediction of a waterfall decline, and now everyone wants to know if it's going to continue. Today we're going to take a look at a few things and try to answer that.
First of all, it helps to know what a waterfal...
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The “Sovereign Debt Standard”
Sovereign debt is thought to be safe because, as we all know, nations always pay their debts. While individual nations go bankrupt from time to time, we maintain our faith in sovereign debt because the majority of nations don’t. But what happens if several nations go bankrupt in a very short span of...
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Umm…So when does it go from OWS to just plain old RIOT
At some point this whole things gonna regress into plain old fashion riots in the streets, forget the agenda. The agenda can be read between the lines and it reads something like this "The people are pissed"
To hear debate attempting to add structure,...
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Is Today’s Market Going to Sucker You into the Wrong Side of the Trade?
What if, today or Monday, the S&P 500 (SPX) suddenly broke out of the trading range it's been in since August?
Weak bears would likely cover their shorts immediately, and bulls would almost certainly add to the...
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Throwing the Country Under The Bus
Russ Winter of Winter Watch, Aaron Krowne of ML-Implode.com, and the Wall Street Examiner’s Lee Adler discuss the governments’ of the EU and US’s strategy of throwing the people under the bus to save the crooked bankers, leading ultimately to the worst imaginable outcome. Lee reviews the technical side of the market, and the...
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You Know Things Are Bad When Doctor Visits Plunge
A lot fewer people are going to the doctor this year, and no, that's not a good thing.
Here's JP Morgan's John Rex: Sept ’11 office visit volumes down 8% y/y, while the sequential throughput measure increases 6% from August.... Primary care trend...
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A Depressing Look at the Collapse of the Middle Class
The American Dream of upward social mobility has stalled for some people, according to a big new study from Pew.
The study checked in on a bunch of middle class teenagers from 1979 to see how they were doing 25 years later. Notably this survey was ...
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"My Job Is To Watch Dreams Die"
What's it like to be the guy that literally has to go into people's houses, and tell them that they've been foreclosed on, and that they need to leave?
A commenter on Reddit (via Alberto Nardelli) gave his first-hand description of his job with the...
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Preaching to converted, but interesting views from Ken Courtis
Ken Courtis, former vice-chairman of Goldman Sachs (Asia) :
"Two of the great trends now under way will continue, with temporary interruptions, to create a world deeply wary of government debt and paper currencies, and putting all its faith in physi...
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ECRI: Not Quite A Recession Yet, But No Rebound Either
ECRI: Not Quite A Recession Yet, But No Rebound Either
Also Sprach Analyst | Aug. 29, 2011, 5:23 PM
Lakshman Achuthan, the economist at Economic Cycle Research Institute (ECRI), has been rather accurately in the past for calling the major turning poi...
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Fade the Wizard of Oz
Today those who still hold forth for words and actions from Weekend at Bennies and the Wizard of Oz aparatcheks will have another opportunity to test how costly this approach is for their careers of running other people’s money. It should be pointed out that everyone who was sucked in on QE2 is...
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Why Means Testing Won’t Work
First of all, Social Security is already means tested by
1) Progressive taxation of benefits.
2) Progressive reduction in benefits per dollars payed in.
however, further means testing of the have lesses is a fairness topic other than the thoughts I wa...
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Woman unlawfully arrested for speaking at city council
While she is speaking the council realizes she's about to air their dirty laundry
Woman arrested for speaking at city council meeting in Quartszite, AZ
Originally Posted on Jul 2, 2011 Reposted by jrnookiemonster Jul 3, 2011
Quartzsite, AZ - The Ma...
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Jailed for unpaid parking tickets?
Last night an acquaintance got pulled over and taken to jail for unpaid parking tickets. Don't know how many, but why is this a criminal rather than civil problem? In any event, I googled "Jailed for parking tickets" and hit the following:
Link
I did...
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Good News For Grandpa
Death panels notwithstanding, Grandpa gets to live a little longer.
The Medicare trust fund will probably be exhausted in 2024, five years earlier than previously estimated, according to an annual report from the trustees of the Social Security and...
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Demand for Gasoline Drops
Less people are driving to the mall to go shopping....thats not good for the economy. Gas prices could push the economy back into the drink IMO.
Gasoline demand fell to 8.943 million barrels per day from 9.148 million a week ago, according to the U.S....
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FAILURE: Don’t Despair; It’s The New Normal
As our institutions fail, they will take down many individuals with them. Don't despair: the failure is systemic, not personal.
As the U.S. economy fails on a systemic level, it is pushing individuals into a deep sense of failure. Feelings that ...
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U.S. Will Face a 10 to 15 Year Real Estate Bear Market
Can Americans cope with a 10 to 15 year bear market in real estate? On this front I have good news, and bad news.
The bad news is that we are likely to face at least a 10 year bear market in real estate thanks to a lost decade in...
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If You Buy a House, We’ll Throw In a Free Car!
RICHMOND, Ill. — In this distant Chicago suburb, a builder has finally found a way to persuade people to buy a new house: he throws in a car.
Kim Meier’s spring promotion, which includes a $17,000 credit at a nearby General Motors dealer,...
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SPX Update: Will the Waterfall Crash Continue?
So far, the market has lived up to my prediction of a waterfall decline, and now everyone wants to know if it's going to continue. Today we're going to take a look at a few things and try to answer that. First of all, it helps to know ...
Read More »