Tuesday, June 23, 2009

The Climate Bill Is Now 1,201 Pages Long

The Climate Bill Is Now 1,201 Pages Long
They where elected to lead not to read. Sheshs.

The Animal Spirits Page: On the coming neo-feudalism

The Animal Spirits Page: On the coming neo-feudalism
IS this really where we are heading? I think it is dream that China will have any economic power. They are our twin. Producing everything we consume. When we stop the wheels come off. Yes I expect Riots here. Yes I expect Obama to not be the savior. But in the end creative destruction will sow the seeds for recovery. What that looks like no one knows.

News from 1930

News from 1930
A cool site, more then a little scary in some cases.


Col. Ayres, VP Cleveland Trust, predicts an abrupt recovery in stock and
commodity prices by Labor Day due to current consumption exceeding production.
Distinguishes between two types of depression, “V”-shaped and “U”-shaped.

Insider Selling Outpaces Buying 22x

Insider Selling Outpaces Buying 22x
Hmm..Wonder who they are listen too. Cause CNBC is sure the bottom is in. I would be selling too if I owned company stock.

Three Banks Suspend Their TARP Dividends - WSJ.com

Three Banks Suspend Their TARP Dividends - WSJ.com
Guess the green shoots did not grow near these banks.

Monday, June 22, 2009

The Fed Plots The Next Disastrous GSE

The Fed Plots The Next Disastrous GSE
More bad idea's from the Fed.

TigerHawk Scary chart of the day

TigerHawk