Archive for March, 2009

Three Blind Bankers: Reflections on the House Financial Services Committee Hearings

Despite a 1393 point Dow rally, why is the Czech Prime Minister, current European Union President, saying the US borrowing and spending is the way to hell?
(For a clue, we recall Proverbs 22:7 says: the borrower is servant to the lender. )
Three Bankers testifying on Capitol Hill are moneychangers cum public servants. They take [...]

Deflation and Long-Term Market Trends from 2000 to 2030