Madame Zorba, Magic Money and the Half-Maxine

By: Dan Perrin (Diary)  |  September 16th at 11:32 AM  | 

As whispers became shrill rumors of a Greek default last week, it became clear that the Federal Reserve was going to “inject liquidity” into the French banks that could not find overnight funds on the open market. Markets are disciplined. The Federal Reserve magic money machine is not. When the market decided the three French banks were over-extended in Greece, and loaning them money was | Read More »

Post Labor Day Political Analysis: The Arrogance of “the One” has Caused Him to become Undone

By: Dan Perrin (Diary)  |  September 6th at 06:29 PM  | 

As Perry solidified his lead for the GOP nomination, the opposite has happened to “the One,” who, in short, has become obviously and glaringly undone — in a way that has been so dramatic that even the main stream media cannot ignore it, downplay it or talk around it. Basically, if there is a credible pollster, Obama has hit that pollster’s all time low, including | Read More »