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Notes From Underground: What a Long Strange Trip It's Been

This year has been a year of surprises as conventional wisdom-based forecasts have proven to be like oral agreements: not worth the paper on which they are written. 570 more words

ECB

Notes From Underground: Mario Draghi and the Wisdom of Samuel Beckett

“When you’re in the shit up to your neck, there’s nothing left to do but sing.” This is what Samuel Beckett wrote and it was the way President Mario Draghi performed today. 491 more words

ECB

Notes From Underground: How Many Syllables, Mario?

In the 1969 cult classic Putney Swope written by Robert Downey, Sr., the film opens with the death at the board room table of the firm’s chairman, Mario. 751 more words

ECB

Notes From Underground: Steve Bannon (Laugh, Laugh I Thought I'd Die)

Even though Steve Bannon is no Beau Brummel, the music of this early rock song must be ringing in his ears. It seems clear to all but the dumbest media talking heads that the Bannon plan of Trump’s continued flow of tweeting is an attempt to make sure the Trump team controls the… 999 more words

ECB

Notes From Underground: Mario Draghi Brings New Forth a New Standard of Bureaucratic B.S.

The Mario Draghi brought forth a new and improved standard of “truth obfuscation” at Thursday’s ECB press conference.¬†When¬†Draghi answered a question about the ECB basing its policy on politics he answered: “We are not in a political game.” In his “perception” there is NO POLITICAL WAR BETWEEN THE ECB AND ITS MEMBER NATIONS. 867 more words

ECB

Notes From Underground: The ECB Is All the Rage

President Mario Draghi takes center stage tomorrow and as usual the press conference will be critical. The ECB official announcement is at 6:45 CDT with the presser 45 minutes later. 628 more words

ECB