(Reuters) – Wall Street economists see an increased chance the Federal Reserve will launch another round of monetary stimulus to support the U.S. economy, following…
Wow, looking at the chart of new McDebt for McShantys below, one has to ponder how much more horrid it would look, had not Uncle Thug and the Fed poured TRILLIONS of dollars into the GSEs, the banks, and into McHousing programs.
Notwithstanding, it lo…
Wow, one gander at the jobs chart below, courtesy of Calculated Risk Blog, and it’s little wonder that the Thugs in Charge and the Fed Pigmen Politburo are in a panic.
Needless to say, this recession (none DARE use the term “depression” anymore!!!), i…
Update: Holy cow.
Total collapse!
The Philly Fed index just came in at -30.7, an epic drop form the +3.2 we saw last month.
Estimates were actually for it to go somewhat higher to +2.
The situation confirms the bad news we got earlier this week…
They are attacking the ratings agencies for bias.
http://finance.yahoo…1204936540.html
Not that the ratings agencies don’t deserved to be attacked…But it should be for general incompetence rather than bias. And in any event, getting in a public b…
Austerity first, then deal. Wow. The banks must be losing traction somewhere.
http://www.nytimes.com/2011/06/20/business/20euro.html?_r=1&hp
Wow, nice parabola!
SOURCE: Office of Management and Budget, White House. GRAPHIC: Tobey/The Washington Post. Published on May 15, 2011, 8:08 p.m.
http://www.washingtonpost.com/national/bumping-the-ceiling/2011/05/15/AFKT7Q4G_graphic.
html
I just watched this “$50 Gold Buffalo tribute coin” commercial, and I idly worked up what “14 milligrams of gold” is worth. wow. Is this some kind of wild fraud or what?
https://www.50dollarbuffalo.com/
14/(1000 X 28.349) X $1350/oz = about 60 ce…
