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  • The First 200 Days of Obamanomics Have Been an Economic Success [View article]
    Yes and all in only 200 days, given 4 years it will be a new USA.

    A socialists state with a worthless dollar and mountains of debt.
    Aug 7, 2009. 09:54 AM | 21 Likes Like |Link to Comment
  • Job Numbers from the Bureau of Spurious Statistics [View article]
    Is this the most dishonest administration in recent times or have the Bureaucrats taken control
    May 8, 2009. 11:33 AM | 17 Likes Like |Link to Comment
  • Meanwhile, Geithner would not rule out a new middle-tax class to get the economy back on track and reduce bulging deficits. "We're going to have to do what's necessary," he said.  [View news story]
    Enough Taxes, the other way to reduce the deficits is to stop the spending.
    Aug 2, 2009. 04:20 PM | 15 Likes Like |Link to Comment
  • The Debate About 'Green Shoots' [View article]
    The shine is coming off the spin that has been dished out from the White House and The Fed.

    Today the Feds new opinion is

    "I envision a slow recovery," Fed's Richard Fisher says in a speech today. He expects the pace of decline will moderate somewhat from current levels, and then "bounce along the bottom for a while, perhaps punching through to positive growth as 2010 dawns."

    "The pace of the decline will moderate" that means we are in fact still declining! and we are already looking at 2010 "perhaps"

    Massive debts, ongoing dilution of shareholders by the Banks, and the true picture of what GMs demise will mean to the US economy is what is now becoming clear.

    The Green Shoots are growing, they are growing under the feet of an administration that is truly in way over its head.

    A massive amount of money was spent on half measures, banks were not saved or they would not now be selling stock. GM was not saved, nothing from the trillions in bail out money was finished.

    Instead of half solving or delaying problems, why didn't they finish some at let some go, whats been left is the debt without the benefit.
    May 15, 2009. 05:23 PM | 15 Likes Like |Link to Comment
  • California - And by Extension the U.S. - Headed for Permanently Smaller Economy [View article]
    The US Economy will be different, but it may not be smaller, it may change direction. What the White House doing is slowing the people's ability to rebuild by taxing them into a hole. But, they will rebuild.
    Jul 7, 2009. 10:25 AM | 10 Likes Like |Link to Comment
  • Physical Gold Is on the Move [View article]
    Gold in Dollar terms has to be headed towards $1500, the Dollar is increasingly worthless.
    May 15, 2009. 11:31 AM | 10 Likes Like |Link to Comment
  • Easy Money Did Us In - Geithner [View article]
    Just the word Greenspan scares me. The damage he did as the rock-star chairman of the fed will take years to undo. The Fed should be buried.
    May 14, 2009. 01:10 PM | 10 Likes Like |Link to Comment
  • Expecting Another Fun-Filled Friday Jobs Report [View article]
    Numbers mean little from this administration
    Aug 6, 2009. 11:07 AM | 8 Likes Like |Link to Comment
  • Harvard's Ken Rogoff wants to see 6% inflation for the next couple years. Though risky, the strategy could "ameliorate the debt bomb and help us work through the deleveraging process."  [View news story]
    This inflation will be accompanied by high unemployment and taxation thereby negating the impact.
    May 19, 2009. 01:48 PM | 8 Likes Like |Link to Comment
  • Commodities: A Wise Long Term Investment [View article]
    Commodities are an excellent buy, they always are when the Govt of the day is heading into the abyss.

    On May 19 02:47 PM Sad for now wrote:

    > Lenin would be proud. Obama is taking over industry in the US step-by-step,
    > next it will be private property, all under the guise of saving the
    > nation, the people. All this without a shot being fired and with
    > Americans sitting on their hands watching TV wondering what happened.
    May 20, 2009. 10:18 AM | 7 Likes Like |Link to Comment
  • Guestblogging for Andrew Sullivan, U.S. Court of Appeals Judge Richard A. Posner offers his assessment of Bernanke: "He is like a general who having been defeated in battle because of his errors manages the retreat of his army competently. He does not thereby escape blame for the defeat, and should not be permitted to shift blame to the soldiers under his command who gave way under attack."  [View news story]
    Economics plays no part in The Fed or The White House, it is pure politics now.
    May 19, 2009. 06:10 PM | 7 Likes Like |Link to Comment
  • Stopping Oil's Rise Before Oil Stops Ours [View article]
    How can you possibly constrain the price of a scarce commodity, the answer is assistance to those working in the alternate energy sector, a sector that offers great hope for the USA economy.

    Oil is headed back to $100 a brl and higher by mid 2010
    May 14, 2009. 09:41 AM | 7 Likes Like |Link to Comment
  • Buffett's Betrayal [View article]
    Buffett delivered the best result to his shareholders as always. He did not grant the bailouts or set the policy. As a BRK.A shareholder, I say well done!
    Aug 6, 2009. 08:39 AM | 6 Likes Like |Link to Comment
  • Burned by Obama, fund managers grow wary: "The sad thing is it impacts the manufacturing sector and the companies that have legacy liabilities directly. It will be nearly impossible, or much more expensive, to get secured financing."  [View news story]
    The Obama Administration is by far the most dishonest Govt we have seen. Not a sentence comes out of The White House untill it has been spun, re spun and polished to the point where the fact is hidden somewhere behind the glare.
    May 20, 2009. 11:52 PM | 6 Likes Like |Link to Comment
  • Dollar Weak, Commodities Strong [View article]
    The ONLY thing to buy now is Commodities, the Govt can not print anymore of them, there can be no dilution of them. Oil is the best of the Commodities available for the public. Iron Ore I think is the best over all.
    May 20, 2009. 04:23 PM | 6 Likes Like |Link to Comment