Tag Archives: congress
Default Now
It is too bad that idiots don’t warn people before they do something really stupid. Perhaps someone of sound mind could intercept them and redirect their misguided intentions. Instead they seem to attract other kindreds…where they thrash about with self-reinforcing … Continue reading
Independence Day Celebration
[Editor’s Note: Today we break from our customary observations on money and markets. Monday’s Independence Day, after all, and while we’re still hard at work, we hope you have already commenced your holiday weekend. But before you hang out the … Continue reading
Be Like Jimmy
The DOW jumped up 108 point yesterday. The headlines offer many reasons why this is so. But we don’t have time to consider them today. For we have other points to ponder…like debt. You see, individuals and nations alike have … Continue reading
On Savages and Perpetual Infancy
Last Tuesday Federal Reserve Chairman Ben Bernanke said the economic recovery was “frustratingly slow.” By Wednesday the yield on the 10-Year Treasury Note had dropped below 3 percent. At the same time, stocks, oil, and gold were shellacked in unison. … Continue reading
