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Economics
Hossein Askari is a professor of international business and international affairs at George Washington University, and Noureddine Krichene is an economist with a PhD from UCLA, which I mention to establish their credentials, since some bozo from the Federal Reserve created a stir when he said, with a sniff of […]
Another gem from Paul Craig Roberts, even if a bit nauseating. – Ed. August 2, 2010 1:12:26 AM Chelsea’s Wedding: Let Them Eat Cake By PAUL CRAIG ROBERTS It is not unusual for members of the diminishing upper middle class to drop $20,000 or $30,000 on a big wedding. But […]
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I just got off the horn with the Ruling Elite. We had an emergency conference call and to tell you the truth, they ain’t happy. You little people are not responding the way you are supposed to. A significant portion of you are not getting more optimistic because they tell you to. […]
Al Jazeera English Interesting show this one, caught an episode today where they were discussing the need for a global government, like it was no big thing… yikes. I’ll endeavour to post it when it makes it into the “pipes and dump-tucks” of internet land. Here is a good intro […]
Fears are growing for an economy carrying a 9.5% jobless rate and a predicted $4tn in excess mortgage debt Source: guardian.co.uk/business/ A crippled housing market. Stubbornly high levels of unemployment. Falling consumer confidence. Slower growth in industrial production. No wonder Ben Bernanke, the world’s most powerful central banker, appeared a worried […]