Blogs about: Personal Consumer Expenditure
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GMAC... again... Tax payer now majority stake holder
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=agcYWuOIJVRg Excerpts: “The infusion will bolster lending at GMAC as it absorbs $3.8 billion in new pretax charges and decides what to … more →
Guido's temple of the absurd
GMAC... again... Tax payer now majority stake holder
wrote 2 days ago: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=agcYWuOIJVRg Excerpts: “The infusio … more →
The elephant in the room...
wrote 1 week ago: Remember that the US$ is the world’s reserve currency and that we are running a floating excha … more →
Deflation at work...
wrote 1 month ago: http://detnews.com/article/20091117/METRO/911170327/1409/METRO/Silverdome-sale-price-disappoints … more →
Even more proof the secular inflationary cycle has ended...
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wrote 2 months ago: Via the team at Zero Hedge http://www.zerohedge.com/article/guest-post-dear-prudence-wont-you-come-o … more →
Backdoor taxes hit Americans with public financing in the dark
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wrote 2 months ago: This article highlights information that is much too important to show excerpts for. I warmly sugges … more →
The next World War
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wrote 2 months ago: This is not a catchy title aimed at getting your attention. This is what our governments are plannin … more →
A change in sentiment?
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wrote 2 months ago: It would appear that the main stream media is in the process of becoming somewhat more critical of g … more →
Houses at $7000 (seven thousand Dollars)
wrote 2 months ago: The cost of a house can never drop below construction cost right? Right? http://finance.yahoo.com/ne … more →
Deflation - employment, wages, tax revenue
wrote 2 months ago: Few are ready for a bout of deflation. Even fewer understand the consequences of a deflationary rece … more →
Curtailing public spending - a precursor to war
wrote 2 months ago: http://news.yahoo.com/s/nm/20091009/pl_nm/us_usa_state_budgets Excerpt: ” Lower tax revenues c … more →
Stiglitz... hypocrite...
wrote 2 months ago: Stilglitz is in Ireland and for some reason he has found the courage to tell the Irish how it is. Th … more →
More on the inflation/deflation tug of war
wrote 2 months ago: “If the American people (or any other people) ever allow the banks to control the issuance of … more →
Detroit: Too broke to bury their dead (bodies piling up)
wrote 3 months ago: This is what deflation does best. It reduces your wealth in nominal terms thus your income. If you a … more →
Where we are today (a follow up to "Background of my contention")
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wrote 3 months ago: Hindsight can at times be rewarding even though one may not benefit from it. When I began this blog, … more →
The government can - inflation/deflation the debate goes on
wrote 4 months ago: In the context of “Is government almighty” it is clear our governments are at least atte … more →
Must read - Karl Denninger
wrote 4 months ago: And here is proof of government complicity in illegal and criminal deception. http://market-ticker.o … more →
One more time - hoping for clarity
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wrote 4 months ago: I am having the hardest time making people understand the absurdity of our predicament and the inani … more →
Curtailing public services - a precursor to war
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wrote 4 months ago: Remember what I said here or here or in many other essays on my blog? Now then, here is proof. We … more →
Stop the looting now (Karl Denninger)
wrote 4 months ago: And this, ladies and gentlemen, is the how and why we are hurtling towards a world war. The kitty is … more →
