Archives for: February 2009
And people called George W Bush stupid...
Feb 28th
Although this news came out a few days ago, I needed something for my Saturday note because I'm traveling and don't have time to write...and since the story shows Joe Biden, yet again, to be a dunce, I'm guessing many of you didn't hear about it:
see… more »
Market can't fight economic fascism
Feb 27th
While I predicted (though not with high confidence) a potential temporary market rally over the next few weeks, the market simply can't fight through the continuing stream of economic fascism (and I do not mean that as hyperbole) coming from the White Ho… more »
Squeezing out a market-generated recovery
Feb 27th
On Wednesday, the National Association of Realtors reported that existing home sales fell 5.3% in January, much worse than expectations, and the slowest sales rate in 11 years.
There was an interesting comment from NAR's senior economist, Lawrence Yun… more »
A few early-morning headlines of note, and thoughts which might not be of note
Feb 26th
Official: Budget projects $1.75 trillion deficit
GM posts $9.6B 4Q loss, burns through $6.2B cash
Royal Bank of Scotland reports $34 billion annual loss
Ukraine's credit rating cut by S&P amid default fears
We're surrounded by the worst e… more »
Take your bailouts and shove them, part 2
Feb 26th
Since I wrote two weeks ago about the stock market's negative reaction to the Obama Administration's steady stream of bailouts, "investments", and socialism, the market has fallen further (about 8% at yesterday's close) to levels not seen since 1997.… more »
State of the Union? Nothing socialism and the Messiah can't fix, apparently!
Feb 25th
Let's start with the good part of President Obama's State of the Union speech last night, since that's a much shorter task:
He said his administration has "identified $2 trillion in savings over the next decade." (A decent start against the $3.25 tr… more »
Mixed emotions about lost "global warming" satellite
Feb 24th
On Tuesday morning, a satellite launched from Vandenberg Air Force Base in California failed to achieve orbit and apparently plunged to it's electronic death somewhere near Antarctica.
I'm of very mixed emotions about this.
The satellite was intend… more »
The Freak: Mussolini's last words
Feb 23rd
My friend "The Freak" offered the following as a comment to a prior blog post linking to two articles about economic fascism on the rise in America. I thought it was worth having its own posting rather than just being a comment.
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Your nest egg on the government bailout plan
Feb 22nd
Thanks to Amanda of Liberty on the Rocks for this graphic demonstration of what your government is doing to your financial future.
[youtube]2bSGgBtqyKY[/youtube] more »
