Even on ZeroHedge their sense of “history” is only 20 years
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ZeroHedge chronicles Latin American debt defaults “as far back” as 20 years ago. Latin America has been defaulting since the late 1800’s and it’s only accelerated as they became more and more socialist. To underline the connection between socialism and … Continue reading

Jobs report secret outed – more part time, less full time
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Sounded like a good jobs report last Thursday. +288k jobs created in June. Well, of course that’s before people like Mish started digging into the numbers. It seems that 500k+ full times were lost and over 600k+ people left the … Continue reading

The Next Environmental Hook for a Boondoggle?
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Ocean garbage frustrates search for Flight 370 Sounds like the Greenies and Warmenists and Watermelonists and Progressives have found a way to redirect the focus of the MH370 search to their own ministry: Mother Gaia is polluted by plastic bags … Continue reading

Why must I be a Canary in a Coalmine?
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Detroit seems to be the first major city to head down the municipal road to hell. As I have noted before I think Meredith Whitney is correct, but early, on her municipal bankruptcy econogeddon. Looks like it will start at … Continue reading

Is Meredith right, just early? Again.
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Meredith Whitney is a securities analyst who was negative on the banking sector, and Citi in particular, as early as 2007. At the time TPTB such as Bernanke were claiming the subprime problem was “contained”, so she was not just … Continue reading

Don’t they have any real work to do?
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OMG, his name in sign language looks like a gun. Some teachers are getting the vapors over that, so they want him to change his name or at least sign it differently. The district claims that it violates a rule … Continue reading