Merry Chirstmas!

And Happy New Year. Lite posting till the new year.

Mish's Global Economic Trend Analysis: Beware the Taxpayer Bailout of Underfunded Teamsters Pension Funds

Mish's Global Economic Trend Analysis: Beware the Taxpayer Bailout of Underfunded Teamsters Pension Funds
Death by a thousand bailouts...

70% Of The Q3 GDP Growth Was Cash For Clunkers

70% Of The Q3 GDP Growth Was Cash For Clunkers
Does not look like growth to me.

FDIC Shuts Down Seven More Banks

FDIC Shuts Down Seven More Banks
Happy Holidays expect at the FDIC