This morning FOX NEWS broke yet another story regarding the ONE STATE that has created significant new jobs (presumably with stimulus money, which was the story’s leading premise). We keep seeing North Dakota in the news as the ONLY STATE that added 18,000 new jobs, or the ONLY STATE with a budget surplus (1.3 billion) or one of [...]

…to Denninger’s question in the well written article here: Did a few people intentionally start some (financial) fires? -YES. A few banks coordinated a pretty big fire, right in the downdraft of a blustery Santa Ana style gale.

The only thing “growing” in the current US economy is the malignant tumor of Global Fascism, which appears to frequently burst forth with a veritable puss-bag of nonsensical green shoot rhetoric, as in this ludicrous Bloomberg CONfidence inspiring article (NOTE: as of 3:00pm today, you won’t see this exact verbiage below, because it was later edited, however, the quote below is [...]

The Goldman Sachs gaming chips you pump into your car’s gasoline tank are now trading at $81.50 per barrel, only $3.50 from Goldman’s predicted “$85 per barrel in October”. This, despite the continuing unprecedented global collapse of all real world economic production which requires fuel from refined oil to operate. The only thing which should be driving [...]

After reading this paper from the Bank for International Settlements, what I come away with is an elegant explanation of one chain reaction event in a well-executed coup to set off a global crisis, which attempts to lend academic objectivity to the notion of a U.S. dollar shortage as the pivotal event which evoked a pivotal response by [...]

The rising price of the Goldman Sachs gaming chips that you pump into your gas tank these days has about as much to do with “supply and demand” as the last 30 moderately successful companies in America–their survivorship bias juicing up the DOW–have to do with an economic recovery,  But it’s certainly nice to know that the Financial Terrorists who blew up [...]

While this blog certainly speaks to an audience wider than Florida, Florida is undoubtedly a State which has had it’s share of wealth pillaging by the Wall Street Speculation Bubble. Most Floridians in the capital city of Tallahassee, from which I write, were keenly aware of the State Board of Administration long before it’s derivatives debacle, which cost [...]