This week has been basically a sell Obama exercise. And why wouldn’t it be? He is bringing regulations and getting tough on the big guys of the marketplace. So they will keep selling until the market blows them away. It…Continue Reading →
Obama’s speech last night pretty much put Trickle Down away for this phase of the 72 year economic cycle. Trickle Down created a lot of economic activity but in the end the bottom-line numbers showed that it was best at…Continue Reading →
I tend to be bullish on America when I think things make sense in Washington and bearish/long gold when things don’t make sense. No doubt one could say on the whole that I have been naive in assuming that the…Continue Reading →
Bernanke and Obama have put together an approach to address the raping of America by the privileged class that has gone on for 28 years. This is a big deal and it is not ending quietly, but it is ending nevertheless. The…Continue Reading →
Travel plans were postponed because of weather so I will take the opportunity to talk about the dollar. For most investors the dollar has moved higher, while kind of under the radar, some 19 percent since the end of March…Continue Reading →
Obama has a big job to try and rectify all that has happened to this country in the past 28 years. He won’t be able to get nearly all of it done and the people who supported him will hold…Continue Reading →
For our part there is nothing really more that needs to be said. You can look back through our archives for all the reasons that the the economy, market, and banks melted down…start with the discourse on the main site…Continue Reading →
If you accept the fact that spending on WWII was the biggest factor that pulled the economy out of the 1929 + Depression you had better start thinking bigger in terms of what it will take now. Obama needs to…Continue Reading →
Bank lending practices coupled with Greenspan’s no-regulation approach have been a big factor in the economic scene that has developed. Now the banks have no money and they squirrel away all the bailout money the government gives them, instead of…Continue Reading →
The debate is basically between: 1) continuing the trickle down philosophy that has created the problem over the last 28 years and 2) changing the paradigm and bringing the power back to the people. It is a big change and the…Continue Reading →