nScout

What Was Left Out of the Jobs Report

Very good analysis. Thanks.

Wall Street Breakfast: Must-Know News

Why is it that governments did't monitor and regulate the wall street speculators and their "subprimes". Why is it that governments do not monthly tax to oblivion the commodities and again wall street speculators on their unrealized and realized profits? Money and politics?

ECB Calls Bernanke's Bluff

To JasonC:
US M1 is not a reliable measure of the money supply as it only sums cash and demand accounts. US M3 is the measure that sums ALL shortly available payment instruments. Why then did the FED stop publishing this measure in March 2006? Can you give us the result of the "inflation identity" measuring the rate of inflation since 2003 (Inflation (%P) is equal to the rate of money growth (%M3), plus the change in velocity (%V), minus the rate of output growth (%Y))?

ECB Calls Bernanke's Bluff

"..Bernanke and his boss, Treasury chief Henry Paulson.." Yes one wonders about the independence of the FED. The huge monetary creation and lack of oversight of the past years by the FED was an easy way to finance the gigantic US budget deficits brought about by useless and ruinous internal and international policies.

Who's Wrong About Inflation?

If all your budget ends up going into food and energy what do you care about the price of "discretionary" goods. Bureaucrats need to constantly invent concepts, useless as they may be, to justify expanding their offices at the taxpayer's expense. By the way, is there a "price of government" index?

Recession Fear and Dollar Loathing

To sbenard:

Grill the candidates, the press on the subject, bombard the web with questions!

Recession Fear and Dollar Loathing

Soros or not Soros the question is the huge indebtedness of the US which consume more than they produce and think that they can get away with it indefinitely. That crazy attitude, stemming from their own conceit, is crashing within the US themselves with the subprime and banking meltdown. If the US cannot even keep their own order no wonder that foreigners should trust them even less and ask them a higher price for their help.

Recession Fear and Dollar Loathing

Well put but it is not contradictory with foreigners asking for much higher rates on their NEW holdings of Treasury securities. The recessionary impact of these higher rates could of course be dampened with the election of a new President who would stop the immensely wasteful foreign policies of the present administration.