CHART OF THE DAY: Banks Continue To Pull The Rug Out From Under The Economy Joe Weisenthal and Kamelia Angelova Can the economy revive if banks don’t start to lend again? Let’s hope so. Today the St. Louis Fed released…
Any Questions On Health Care’s True Intent? Posted by Karl Denninger This ought to tell you exactly what you need to know: Note the inverted text (which I did; that’s not Drudge.) “Health Reform” was never about actually providing…
911 Just Became Worthless Posted by Karl Denninger There’s stupid, and then there’s really stupid. This fits into the second category: Apparently, the town of Tracy, California (a bit east of the Bay Area) has decided to turn 911…
Will AIG Force The US To Bail Out Greece? By Gregory White AIG is the newest name to be linked with Greece as the bailed out insurer has emerged as a source of CDS on the troubled state. Two…
The Middle Class Two Income Trap – Two Breadwinners plus Extra Money to support the Banking Industry. How Middle Class Americans are losing Ground by Supporting the Financial Sector. Posted by mybudget360 If it isn’t enough that average Americans…
