Archive For: March 2015

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Neocon Calls To Bomb Iran------The Vile Bile Of Wannabe War Criminals John Bolton And Joshua Muravchik

But beyond the hypocrisy and, arguably, the criminality of these propaganda pieces, there is also the neocon record of miscalculation. Remember how the invasion of Iraq was supposed to end with Iraqis tossing rose petals at the American soldiers instead of planting “improvised explosive devices” – and how the new Iraq was to become a model pluralistic democracy?

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Mind The Euro Basis Swaps------Trouble Brewing In Draghi-Land

  An Accelerating Trend While the euro itself has recovered a bit from its worst levels in recent sessions, euro basis swaps have fallen deeper into negative territory. In order to bring the current move into perspective, we show a long term chart below that includes the epic nosedive of 2011. We are not quite […]

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All Households Created During “Recovery” Were Renters

There was a movie from 1983 called “The Keep” with Scott Glenn, Gabriel Byrne, Jürgen Prochnow and Ian McKellen. A great cast, to be sure, but the nemesis in the movie was … a man in a rubber suit. The title “The Keep” is more appropriate for the NON recovery of the US economy and […]

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Complacency Reigns Supreme--Nothing Can Possibly Go Wrong, Right?

So by all means, buy the dip now that the VIX soared in full-blown panic from 12 to 17.One of the more remarkable features of the Bull market in stocks is the ascendancy of complacency and the banishing of fear. Take a look at this chart...

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Thanks, Obamacare----That's Where 40% Of Q4 GDP "Growth" Came From

And the absolute shocker: of the $89.1 billion increase in Q4 GDP in chained-dollars, healthcare was $35.3 billion of that, or 40% of the total. .......Yes, healthcare spending accounted for 40% of GDP growth in Q4!

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Moonshine and Scam------The Credit-Money Machine 44 Years Later

  Infection When we left you yesterday, we were trying to connect the bloated, cankerous ankles of the US economy to the sugar rush of its post-1971 credit-based money system. Today, we look at the face of our government. It is older… with more worry lines and wrinkles. But whence cometh that pale and stupid […]

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Ron Paul On Yemen's Civil War And Washington's Failed Decade Of Meddling

Foreign forces’ bombs and occupation will serve to unify the citizens of Yemen despite their other differences. As a matter of fact, it’s been our presence in this country for more than a decade that has been an aggravating factor.

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It's Not Different This Time: The Biotech Bubble Is The New Dotcom

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While The Politicians Posture And Prevaricate---------Greek Savers Reduce Bank Deposits To 10-Year Low

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China's Equity Mania Intensifies--------Daily Trading Volume Now 4X NYSE

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