I got a laugh out of this headline:
Delta Airlines and the Pilots Association are suing the Exim bank for financing Air India. I think they have a great case. I hope they win.
Exim gives cheap money to India so it can buy Boeing planes. This story…
From the Christian Science Monitor…
Some years back, Yale Professor Robert Shiller produced a long-run nominal home price index for the U.S. by fusing together data that had been gathered from a number of historical archives.
Shiller then adjuste…
A Closer Look at Fed Propaganda: Even It Admits That It’s Clueless
“It [the FOMC] felt that “resource slack” would prevent most companies from passing on cost increases. But it also admitted to not having a grip on the mechanisms of price increase!…
In 2013, we Americans will commemorate a century of wealth destruction in the United States – the Federal Reserve will be 100 years old. In 1913, the Federal Reserve Act became law – granting sole authority to the Federal Reserve to “issue leg…
