October 30th, 2010 by Rich
Government 33% Bigger in Just 2 Years,
Debts may double in 4 years, quadruple in 8 years,
with Interest Usury the Number One Budget Item
It took a century to grow the US Federal Government budget from under a billion dollars in 1910 to the $3.8 Trillion it is now, without the Congressionally-approved 2011 budget starting on [...]
October 18th, 2010 by Rich
Amber M Class Flare Alert with potential to drop Dow 1000 points or more in a fortnight or longer.
Aloha all early risers and then some.
This morning I awoke early after vivid dreams. Sure enough, we had an M Class Flare late last night Universal Time. After a while we tune ourselves into that of which [...]
October 16th, 2010 by Rich
DZZ>5.5, FAX>Y and USD>70.70
Are We All Austrians Now?
On 15 August 1971, American President Richard Nixon abandoned the free markets and closed the $42 an ounce international gold dollar window to staunch Vietnam War budget deficits, instituted wage and price controls to stem inflation, taxed telephone calls with a surcharge and declared We are all Keynesians [...]
October 11th, 2010 by Rich
Expensive Lessons for US
As American Banks postpone foreclosures and repossessions under legal challenges, with the very real effect of continuing to avoid marking their bad assets to actual market value, facing plummeting collateral prices and the growing scramble for cash, a certain vivid phrase comes to mind:
Plus ça change, plus c’est la même chose.
The more [...]
October 1st, 2010 by Rich
Selling NLC Below 29.20
Corexit added to Oil reportedly released 40 times more poisons.
It took scientists not looking for immediate BP or Fed funding to tell the truth.
http://oregonstate.edu/ua/ncs/archives/2010/sep/osu-researchers-find-heightened-levels-known-carcinogens-gulf
Meanwhile, the President and all his men ran photo-ops allegedly cavorting in the gulf, eating Gulf seafood and promoting Gulf tourism as safe, while oil spill and cleanup workers [...]