Obama Care
nemo paradise

Welcome to the third world: A chaotic scene erupted when the crowd waiting for housing voucher distribution got out of control. Police say thousands of people from all over the area were at the center. Many were homeless, single moms, … Continue reading

The New Normal?
nemo paradise

Jesse Jackson Jr. is and has been negotiating a plea deal with fed prosecutors that will send him to jail, among other things. According to CBS Chicago (via Drudge): The tentative deal includes: –Jackson resigning for health reasons. –His pleading … Continue reading

Irresponsible Lenders Blew Up The Housing Market, You Betcha.
nemo paradise

“Big banks and Wall Street created the housing bubble” is as much a part of the Dogma as “if we just spend more money our schools will get better.” But did someone else have a hand in this? From the … Continue reading

Slogans R Us
nemo paradise

President Obama’s campaign has announced that the slogan for the President’s 2012 reelection campaign is: “Forward” This slogan was chosen among several possibilities, reports a senior campaign official. Other strong contenders were: “Forewarned” “It Could Be Worse” “It’s Not My … Continue reading

Nemo dusts off his crystal ball, and sees strange visions
nemo paradise

Some time ago I decided that there just wasn’t much point in trying to make sense out of a senseless economic environment, and my contributions on the topic of finance slowed to a trickle of snarky sideswipes. I spent much … Continue reading

Bright Side, Silver Linings
Bill Quick

Bruce Krasting: Confidence and the G20 Separately, the communique had this to say about currency manipulation: We affirm our commitment to refrain from competitive devaluation of currencies. Our actions will help address the challenges created by developments in global liquidity … Continue reading

Yet Another Obama Scam: Much Ado About Nothing
Bill Quick

BHO And The Medicine Cabinet: Workin’ Hard, Tryin’ To Understand That There ‘Economics’ Stuff : The Other McCain An even bigger challenge is figuring out why, exactly, drug shortages are happening. The number of shortages has surged in recent years, … Continue reading