The Stimulus That Stimulates The Stimulus Before That One.

    BOHICA!! I won’t go into a description of the nomenclature on that one just now. Suffice that it means you’ve been had again and again and again. With magnificent disregard for reality the evil empire has struck again and voted itself fifty billion dollars worth of non-existent money. Obama signs a twenty six billion dollar spending bill, watched by teachers and government workers. But wait… | Read More »

    Who You Gonna Call?

    The answer to that question is simple, the US of course. Some months ago I made a comment to Skip that the EU would be lucky to survive another ten years. It now looks like my estimate could have been generous. Greece is all but bankrupt, Portugal and Spain are teetering on the brink, Italy and Ireland are close behind. This week, Britain announced that | Read More »