Via Default and Misdirection
By Rich Cash
Barbers, bartenders, beauticians, daycare workers, shoe-shiners and taxicab drivers may readily confirm popular wisdom the USA will inflate its way out of debt, like Zimbabwe today or the Weimar Republic over four generations ago with wheelbarrow money for a loaf of bread or a single ounce gold coin [...]

Oil-Slicked Lead Balloon Snowball in Living Hell~
Paved by the Path of Good Government
Intentions and Horrible Interventions
by Rich Cash
Not even love has made so many fools of men as the pondering over the nature of money
William Gladstone, 19th Century British Prime Minister
http://en.wikiquote.org/wiki/William_Ewart_Gladstone

Larry Kudlow on CNBC may be right it is time to sell.
http://www.cnbc.com/id/37690346
Today is the anniversary [...]

Treasury Secretary Timothy Geithner testified to the Senate Finance Committee on The Hill today, opening with the usual positive accomplishment statements, quickly saddled with Senator complaints about China trade.

The CNBC link was time sensitive, and so far CSPAN has not posted the hearings. They should be required viewing for all citizens who think and vote.
http://www.cnbc.com/id/24596546
It [...]

Bernanke, Obama, Sotomayor and Kagan
Let them eat sheepskin and ermine.

With a hat tip to Richard Russell for reminding us to put on JP what we have thought about for a very long time.
Those that can, do. Those that can’t, teach.
Acerbic critic editor journalist HL Mencken also said:
A judge is a law student who marks his [...]

Buying while Cramer Sells
By Rich Cash
Aloha loyal and new readers.
http://www.youtube.com/watch?v=7dArEv_9taI&feature=fvw 3:39
Typical of our contrary ways, we got the dynamic emotional Buy indicator today amidst widespread free market pessimism.
Kudlow talked about bailing out BP, Cramer sold the cyclicals, and Drudge had a picture of the Titanic Sinking with news of a 7 month low on the [...]

Gold Water Water Everywhere; Nor any Drop to Drink
Per the old Chinese Curse and Rime of the Ancient Mariner, we do indeed live in these dry and interesting times.

Last week major media and politicians headlined unexpected unexpurgated disasters.
These ranged from Greek Trojan Molotov Cocktail Dead Financial Hobby Horses rending the Euroland Veil, [...]