WHAT DO AMERICA AND GREECE HAVE IN COMMON? GOLDMAN SACHS
By the time Goldman Sachs is finished being put through the wringer, I believe Blankfein and his cohorts will not only being spending the rest of their lives in the Big House but this company will be singled out as the prime player in the financial collapse of 2009. Why is it that a country [...]
BUREAUCRACY GONE CRAZY
The Tea Party’s platform of less tax and less government would go across far better in Europe than it does here. Every time I go to the post office and get stuck in a half hour long queue (looking at ten windows with clerks behind only two of them) and all I want to buy [...]
GROWTH, BUT FROM A FAR SMALLER BASE
The auto industry (with the exclusion of tainted Toyota) led by Ford is reporting increased demand for cars. Airlines, especially international carriers, still with a large portion of their fleet grounded are claiming higher passenger yields. Appliance sales are on the rise, or so says Whirlpool. In making the announcement they were going to increase [...]
SHAREMARKET ON THE RISE, WHAT ABOUT THE ECONOMY?
What a shame Wall Street still continues to dance to a different tune. The economy in my opinion continues to decline because the best measuring rod is employment. America’s unemployment numbers have plunged close to 10% of the workforce and if the trends continue the numbers will make the Great Depression look like it was [...]
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