Submitted by John Aziz of Azizonomics Judge Katherine Forrest is a Modern American Hero Sometimes, the greatest deeds are done by those who are just doing their jobs, like Judge Katherine Forrest who last week struck down the indefinite detention provision (§1021) of the National Defense Authorization Act (NDAA). It would be all too easy in [...]
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I wish I could have been a fly on the wall at the G8 summit at Camp David this weekend. The final communiqué from the global big shots talks about keeping Greece in the Euro and a shift away from austerity and a move towards growth oriented policies. Forget the Happy Talk, I [...]
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How does one get a Harvard Business School case study made after them? Why by being constantly ahead of the curve, with the right trade, and being mocked by the same “access journalism and excel free” mainstream media which pushed subprime toxic grenades to anyone who listened, only to be proven correct time after time. [...]
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Latest comment from David Kotok at Cumberland Advisors deserves your attention. – Chris May 19, 2012 This is an open letter in response to legislation recently passed in the US House of Representatives. The behavior of Representative Harold Rogers, Chairman of the House Appropriations Committee, has made the front page of The New York Times, [...]
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Today, the G8 came, saw, and wrote down a bunch of meaningless promises on paper as it does every several months (spoiler alert: more printing). They also posed for photos, such as this one. We leave it up to readers to provide the context.
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Submitted by Chris Martenson Alasdair Macleod: All Roads In Europe Lead To Gold This week we bring back Alasdair Macleod, publisher of Finance and economics.org, because, as he puts it “every horror that we discussed last time we spoke is coming about”. Especially scary since our previous conversation with him was less than three weeks [...]
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Before You Write Off This Threat … Read This Russian Prime Minister Dmitry Medvedev said that if the U.S. invades the sovereignty of countries like Syria or Iran, it could lead to nuclear war. And see this. Russia and China have previously stated that an attack on Iran would be considered a direct threat to [...]
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The problem with self-reported economic data by various countries, especially those which are supposed to be at the forefront of economic growth, now that the “developed” world is groaning under consolidated debt/GDP ratios which will soon be the 4 digits, is just that – that they are self-reported: a main reason for the development of [...]
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The big banks are getting restless. Nowhere is this more evident than in the latest just released letter from Citi’s European Credit Strategy, literally a letter to Europe’s trio of leading politicians, which follows hot on the heels of yet another recent Citigroup missive from Willem Buiter, which was largely ignored in the noise, yet [...]
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