The debt ceiling debate is providing plenty of opportunity for political theater in Washington. Proponents of raising the debt ceiling are throwing around the usual scare tactics and misinformation in order to intimidate opponents into accepting more debt and taxes. It is important to distinguish the truth from the propaganda. First of all, politicians need [...]
July 20, 2011
June 3, 2011
May 18, 2011
IMF chief Dominique Strauss-Kahn was placed under a suicide watch in jail, while pressure mounted on him to resign Tuesday, the foreign media reported. Law enforcement officials emphasized that Strauss-Kahn had not tried to harm himself but that guards were keeping a close watch on him just in case. Hummm Interesting… http://www.china.org.cn/world/2011-05/18/content_22585451.htm Coffee Talk!
April 25, 2011
According to the IMF forecast, whoever is elected U.S. president next year — Obama? Mitt Romney? Donald Trump? — will be the last to preside over the world’s largest economy…. http://www.marketwatch.com/story/imf-bombshell-age-of-america-about-to-end-2011-04-25?link=MW_home_latest_news Coffee Talk!
April 21, 2011
April 21, 2011
With over $1.4 TRILLION in excess reserves, Bernanke never has to resort to QE style monetary operations ever again, to print money. If those excess reserves leak into the system, Bernanke has enough sitting there to make Zimbabwe look like a model of prudent money management. As per usual, Bernanke has most of the media [...]
April 14, 2011
April 6, 2011
From healthcare to closing Guantanamo to defending labor rights, US President Barack Obama promised many things, but has failed to deliver. Brought into office on a cloud of hope, change and positive thinking, voters lifted Obama into the White House with high expectations. Two years into his presidency and as he enters his reelection campaign [...]
March 31, 2011
Wake up America! Wake up America! Wake up America… “People who voted for Obama got 4 more years of Bush… ” How is that Change? Coffee Talk!
March 30, 2011
Germany is no longer playing the Anglo-American game. We earlier cited the refusal to increase bailout aid and the proposal to cut proposed aid. That was followed by an abstention on the UN Security Council vote to impose a no-fly zone over Libya. The cohesion that bound the US, UK, France and Germany may well [...]
March 30, 2011
Another fall in January for the US-wide 20-city house price index could be followed by more US single-family home prices fell for the seventh month in a row in January, new statistics show. Seasonally adjusted prices fell in 12 of the 20 metropolitan areas tracked by the SP/Case-Shiller index. In four cities, prices were at [...]
March 21, 2011
Doug Casey : “I’m of the opinion that most people are basically decent. The 80/20 rule. 80% of people are ok, basically. But now what about that 20%? Well, let’s call them potential trouble sources, because they can go either way. But we can take 20% of that 20%, ok. And these people are the [...]
March 18, 2011
Unrest that began in Wisconsin has arrived in Washington. Workers and activists took to the streets and expressed their frustration over the economy, the US government inaction and the widening wealth gap. Hundreds of people stormed and occupied the offices of the BGR Group, a high-profile lobbying and public relations firm, where Wisconsin Republicans were [...]