lonie

Ten Bear Market Phases, Current Edition

Mish , good article . Most all for a year have been mostly correct .

I am one of the innocents that pay thru taxes at a 20 to 25 % rate for all the malarky going on . When the SOBs finally get all my money , then the bastards can take care of me also as by that time i will need teeth, health care and some chow and a place to sleep.
Sounds as though half the comments are straight out of Marx socialism hand book .

I think the next proper event would be ,for people such as i , to march on Washington and Wall Street with buckets of tar and bags of feathers and put them to good use.

Bust, Bail, Repeat: The U.S. Enters into an Ever-Worsening Cycle

But,but ,the government says most all is ok . Now, how could anyone ever,ever refute government drivel ?

If This Comes True, You'll Be Glad You Own Gold & Silver

Refering to the Iran problem and Will Rogers quip. ( Without diplomacy wars would fall flat on their face in 2 weeks .) . So, there has been lots of ' diplomacy .

How High Leverage Has Brought Down the Whole Banking Industry

Once upon a time there was in American some criminals according to the law . Jesse James , Bonney and Clyde , Willie Sutton and others . I believe they robed banks .Their methods proved to be dangerous to life and limb.
Their progeny must have realized , we have to devise a less dangerous way, went to Harvard , Stanford and such to get MBAs so they could work their way into the finance system . Some have went so far as to work their way into government ,Treasury , Fed . Reserve and such to help less fortunate compatriots in their efforts to rob the whole damned populace.