Tag Archives: treasuries
Going Full OBBBA
Congressional members, like their special interests and constituents, all want to get theirs while they can. They each operate with the expectation that their spirit will leave their body before the ultimate reckoning. For America’s aging fogies, going full OBBBA is working to perfection. Continue reading
Inflation and Chaos
Data can be contrived to tell whatever story the author desires. Data contrived by government agencies is particularly susceptible to the imposed will of the overseeing administration. Policy makers want the data to make them look good and to justify their decisions. Continue reading
Dumb Reasons Why More QE Is Coming
Debt, deficits, and debt interest payments have crippled America’s finances in a way that only a government of corrupt clowns could have made possible. Decades of overspending are coming home to roost. We all get to live with the consequences. Continue reading
Hard Landing Ahead
When Glenn Burke and Dusty Baker invented the high five on October 2, 1977, it was a moment of pure spontaneity. Continue reading