Yes, It Can Happen Here . . .and it will Unless . . .

May 9, 2012

Share this…EmailFacebookTwitterLinkedinGoogleRedditThe turmoil of Europe hit the headlines over the weekend and the American stock market this week. To put things in the simplest possible terms, several European nations have too much debt, their governments are spending too much, and the social-welfare state is failing. But that is over there. It surely couldn’t happen here. […]

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Using Their Leverage

May 6, 2012

Share this…EmailFacebookTwitterLinkedinGoogleRedditNot a day goes by without something interesting appearing related to the current economic war we enduring (even as most Americans remain oblivious). Friday’s example came from George Rasley in a comment posted on Richard Viguirie’s Conservative HQ website. The question was very simple but quite insightful. He asked, “Is this Why Obama Won’t Help […]

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Why Stock Prices Can Rise in Phase Three Even as the Economy Languishes

May 1, 2012

Share this…EmailFacebookTwitterLinkedinGoogleRedditThe economic recovery is anemic at best with unemployment remaining over 8% and GDP growth closer to 2%. Much of Europe has already fallen back into recession. Even China appears sluggish. yet, the Dow Jones Industrial Average reached its highest level since December 2007, essentially wiping out all the losses of 2008-09. One big question is […]

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Who Hates Capitalism?

April 29, 2012

Share this…EmailFacebookTwitterLinkedinGoogleRedditThere are a host of players around the globe that despise the American free market approach. Some of them are right here in the land of the free and home of the brave. A good example is Weather Underground Founding Member, Bill Ayers. Here’s what NPR says about Ayers (http://www.npr.org/templates/story/story.php?storyId=95442902): Ayers, a founding member […]

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Sharia Finance Too Dependent on Personalities

April 15, 2012

Share this…EmailFacebookTwitterLinkedinGoogleRedditThere was an important article recently in Gulf News regarding how the Islamic Finance Industry is dependent on Sharia Scholars rather than an institutionalized approach (http://gulfnews.com/business/markets/islamic-finance-must-move-from-personality-to-institutionalisation-1.1002786). From their perspective, this is an issue because the current crop of scholars is aging and maintains a tight control of the knowledge required to oversee the vast pools […]

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Puzzle Pieces Falling Into Place

March 28, 2012

Share this…EmailFacebookTwitterLinkedinGoogleRedditTwo weeks ago we shared a post titled Yes, Wall Street Deserves Some Blame. Here is the gist of it: There is an Op-Ed in the New York Times from a disgruntled former Goldman Sachs executive. He was employed there yesterday, in fact. Basically, what he charges is that Goldman put profits ahead of […]

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Apple’s Flash Crash

March 25, 2012

Share this…EmailFacebookTwitterLinkedinGoogleRedditOn Friday, the price of Apple shares mysteriously fell by $55 per share, a $52 billion change in the blink of an eye. This took place in the BATS system (which ironically stands for Better Alternative Trading System) that processes some 29,000 trades per second. Was this simply a software glitch or could it have […]

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Motive, Means, and Opportunity for the Next Attack In Place

March 19, 2012

Share this…EmailFacebookTwitterLinkedinGoogleRedditThree news items landed on my desk today from three different sources all pointing to a Phase Three attack designed to destroy the American way of life or even Western civilization as we know it. This isn’t alarmist. Rather it is the studied conclusion of current events with a solid understanding of the fragility demonstrated in […]

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Yes, Wall Street Deserves Some Blame

March 14, 2012

Share this…EmailFacebookTwitterLinkedinGoogleRedditThere is an Op-Ed in the New York Times from a disgruntled former Goldman Sachs executive. He was employed there yesterday, in fact. Basically, what he charges is that Goldman put profits ahead of clients. We will go one step further. Wall Street can be accused of putting profits ahead of national security and we […]

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Don’t Worry, Tim Geithner Says the Dollar Will Be Fine

March 12, 2012

Share this…EmailFacebookTwitterLinkedinGoogleRedditAn interesting report appeared last week in response to news that China was moving very rapidly to establish the Yuan as a global reserve currency. Treasury Secretary Geithner says, “Don’t worry…be happy.” He goes on to explain: No Risk to Dollar If China Expands Yuan’s Role POLITICS, ECONOMY, CHINA, YUAN, CURRENCY, TRADE, TIMOTHY GEITHNER, Reuters  | […]

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