The Worst Case Scenario (Someone Has to Say It) [View article]
am astonished at volume of feedback on this article but Ican attest to one market that clearly reflects some of Jake's doomsday scenario fear, however rational or irrational: the handgun ammo market. It's just flying off the shelves and even dealers at gun shows are gouging customers on marked-up sales. like it or not, fear stalks the nation on back-street if not Main Street.
10 Reasons Why We Still Haven't Hit Bottom [View article]
alas, no bottom yet...i'm with you, esp. on #s 4, 7 & 8.
my question is: what happens to all this volcanic negative emotion the sheeple are feeling? it's looking for someplace to go--like lightning looking for ground. spmebody gave me some recent issues of vanity fair magazine and mike schnayerson's articles are a sorry but lucid indictment of the criminal cooperation between congress and banksters.
every time i read these who-did-what-when articles, i hark back to doug nouland's voice-in-the-wildernes... 1999 speech "The Coin in the Fuse Box," which showed Greenspan's bandwagon support of mortgage run-up and extraction to buoy the economy. His repeated "fixes" of coin in the shorting-out US financial fusebox got us where we are today--in deep doodoo. google nouland's (brave and prescient) article and read it for an aha-moment many people just missed back then. nouland has been predicting the current woes for nearly a decade.
bravo! how to channel that anger at govt and corp greed is the question; their is no place to truly put it...our institutions have been beggared and perverted...our military might has been subverted and may be turned against a horde of angry people looking for payback and retribution...not "islamosfacists" but Americans who realize that the weapons of mass destruction were not made in the bomb factories of Damascus or baghdad but in back offices on Wall Street, that the terrorists threatening our way of life are not shadowy Arabas but crooked US mortagage brokers and ratings mavens who helped bring down the Ponzi finance structure--and "officials" and "experts" dispensing taxpayer dollars so banks can buy up other banks at our expense. the threat was never really from without; it was from within--at the heart of our establishment and in the belly of the beasts.
The Worst Case Scenario (Someone Has to Say It) [View article]
10 Reasons Why We Still Haven't Hit Bottom [View article]
my question is: what happens to all this volcanic negative emotion the sheeple are feeling? it's looking for someplace to go--like lightning looking for ground. spmebody gave me some recent issues of vanity fair magazine and mike schnayerson's articles are a sorry but lucid indictment of the criminal cooperation between congress and banksters.
Monetary Mechanisms: Then and Now [View article]
The Shallowest Generation [View article]