Better or Worse?

Two contrasting viewpoints: Pessimistic: The Truly New Year Optimistic: Financial Fridays: The Stock Market is Bullshit New inventions and technologies would outpace the demand for those commodities so that as we needed their functionality more, the prices would fall. Think about computers: your price per…

Soros: It’s the 2008 crisis all over again

Soros: It’s the 2008 crisis all over again George Soros is just another liberal who wants the economy to fail, for personal profit and to foment ‘revolution’ and class warfare, similar to past leftist upheavals such as the October Revolution, French Revolution, The Great Depression,…

The Bailouts Benefited Everyone, Not Just Bankers

From NYT: Bernie Sanders: To Rein In Wall Street, Fix the Fed WALL STREET is still out of control. Seven years ago, the Federal Reserve and the Treasury Department bailed out the largest financial institutions in this country because they were considered too big to…

Collapse can wait

From David Stockman: Why This Sucker Is Going Down…….Again! In a word, with a printing press. But what happened today is that Draghi showed he is out of tricks and Yellen confessed she is out of excuses. Yes, this sucker is going down. And this…

How the Liberal Media is Always Wrong

We’re all dreaming the same dream that someone or something will break the monotony, and maybe that’s why Trump, who is perceived as a renegade in a world of ‘politics as usual’, is so popular. He’s like the Right’s version of Obama, bearing ‘change’, although…

The Appeal of Doom and Gloom

In a slow news cycle, like we’re in now, human interest stories dominate, stuff like the the clock hoax, the Budapest refugee ‘crisis’, and so on, all overblown to turn outrage and curiosity into ad dollars. That’s why the news is a waste of time…little…

The Fed May Never Raise Interest Rates Again

The fed may never raise rates again: Horwitz: ‘The Fed may never raise rates again’ I hope he’s right. The bad jobs number last week increases the odds rates will remain low, and the fed has no pressing reason to raise rates, anyway. The bond…

Peter Schiff and other Doom and Gloomers Losing Credibility

It appears that even posters in the right-leaning neo-reactionary community are starting to call out these doom and gloomers like Peter Schiff, Karl Denninger, and Nicholas Nassim Taleb for crying wolf too many times. In response to a viral video from Santelli on zerohedge about…