Lee_Adler Real reason for QE2 is preemptive liquefaction of collapsing banking system. “Inflation too low, unemployment too high” is a bogus excuse.
Keith Olbermann was put on indefinite suspension Friday after bosses at the news network learned that he had donated to three Democratic candidates, including one who had appeared on his show on the same day.
“I became aware of Keith’s political contr…
Total Employment, not seasonally adjusted.
Source: BLS- Bureau of Liar Statistics
That’s some recovery.
If you see a dollar on the sidewalk, bend down and pick it up.
There might be something of value underneath it…..
So on Wednesday, not only did the Republicans win control of the House of Representatives, but the Federal Reserve finally took the…
These days, most folks insist that they want to hear “plain talk” with no obfuscation or gobbledeegook…
Well, here’s some plain talk about the Fed using debt to buy more debt when there’s no intention of paying off the original debt….
Here is the…
Ireland
European bond spreads
The value of old 90%-silver US coins is closing in on 20X face. This prompts the following calculation about how PMs do, or do not, preserve purchasing power.
In the family records, I have pay slips from my great-great-grandfather getting paid 66 2/3…
WSJ 42,389,619 Americans, or 14% of the country, rely on food stamps. That’s up 58.5% from August 2007 http://on.wsj.com/bnMOLG
zerohedge Grocer next door now accepts “wealth effect” and 401(k) printouts in exchange for a loaf of bread
Federal National Mortgage Association
FNMA.OB
$0.39
+0.02+4.67%
12:00am EDT
Federal Home Loan Mortgage Corporation.
FMCC.OB
$0.39
-0.00-1.27%
12:00am EDT
Our Failed National Economy
Minyanville
11/04/10 – 03:15 PM EDT
By David Stockman, Minyanville
Tuesday night’s election result was a victory for deep partisan stalemate, polarization, dysfunction and acrimony throughout the halls of government.
Th…
