End Game

http://market-ticker.denninger.net/archives/898-The-End-Game-Approaches.html

Once again I find this blog to more negative then others. However, I too remain deeply concerned the Fed is without bullets and bluffing. I see very little hope anything they are doing or preposing is working or could work. I think we are driving towards a cliff here.

We are off page from history since no governmeny has ever tried what we are doing.

Eastern Europes slid continues

http://www.businessinsider.com/eastern-europe-plunged-deeper-into-turmoil-2009-3

Meanwhile Europe is fiddiling while eastern europe burns.

New plan same as the old Plan

http://www.businessinsider.com/henry-blodget-one-small-problem-with-geithners-plan-it-will-bankrupt-the-banks-2009-3

More recycling from Turbo Tim. No fresh idea's, same spirialing downturn. Without breaks applied soon we are looking at the end of the road and a sharp drop off the cliff.

12% unemplyoment forcasted for Cali.

http://www.latimes.com/business/la-fi-ucla-econ25-2009mar25,0,6381086.story

This would push Cali over the 1980's high water mark of 11%. More signs that this downturn is very sever.

Today's Must Read -EIU Manning the Barricades.

http://benbittrolff.blogspot.com/2009/03/eiu-special-report-manning-barricades.html

Lite posting to continue for another week