THOSE COWBOYS ARE AT IT AGAIN
The sharp decline in the price of a barrel of oil last week was not the result of excess supply over demand. The world has been awash with oil for the last nine months. Consumption even in America has hit lows never seen in decades and the rest of the world has realized it too [...]
GEITHNER ON A MISSION SUCKING UP TO THE CHINESE
With China claiming they are so worried about the value of its roughly $1.4 trillion of treasury bonds, and the mood of the Federal Reserve to print money to solve our economic ills, if I were Timothy Geithner, I would have asked Ben Bernanke to have cranked up the printing presses and dispatched a shipload [...]
THANKS WALL STREET, A SUCKERS’ MARKET, HUH?
A month seldom goes by without me having a shot at Wall Street’s or the politicians’ lack of integrity being a root cause of the crisis we are in. I also include the media, particularly those led by that mean spirited geriatric old fart, Rupert Murdoch. On the one hand, experts claim the stock market [...]
AMERICA IS ENTERING A KINDER, GENTLER PHASE
President Obama’s first hundred days in office has been like no other in my living memory. When he decided to opt for public service instead of becoming one greedy, blood sucking lawyer, this man has achieved some remarkable accomplishments for one so young. It is so reassuring to hear come from his lips that his [...]
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