Thrift Maven

John Hussman: Fundamental Difficulties Have Deep Roots

Let's not forget Felix Zulauf, Barron's Roundtable, who expected in his yearly prediction, for the Dow to go to about 9,000 and then down to 4,000. His thoughts have been haunting me since January.

The Bubble of Uncertainty Is About to Burst

It only took Republican politicians and non-governance 28 years to
destroy our economy and society. So bad, in fact, that even Lincoln Club members (stalwart conservatives in Orange County, CA) voted for Obama. Downward spiraling wages for working citizens, unaffordable housing for workers, userous credit rates, "lazy fairy" economics, McMansions being built instead of comfortable, safe housing for the masses, relaxation of health protection policies, lax gun control, lax border control, the rise of "Ineptomania" personified by Rush Limbaugh - the pied piper of the uninformed.

Patience is the third dimension we must learn to live in.