Archive for May, 2011

Our On or Off Society

Wednesday, May 18th, 2011

I was just watching CNBC and they did a piece on a new Israeli company called SodaStream whose stock they are likening to Green Mountain Coffee or Netflix. Fad or lasting convenience was the basic question. I have struggled with what to drink for years. If it didn’t have 170 calories per can I would […]

Have The Commodity Markets Just Felt The Lead Fist Of Government?

Wednesday, May 11th, 2011

It is passing strange that a week or so after the Obama administration declared it would be taking a tough line on speculation and shortly after the Fed was roundly abused for a lackluster performance in its 1st press conference and for not taking any responsibility for the run-up in commodities due to its outrageously […]

Cramer is an Idiot

Thursday, May 5th, 2011

Cramer was just on CNBC ranting about how the markets had failed. Erin Burnett the idiot was just lapping it all up. The massive unwind in energy has him all excited. $10 down in a day in crude is a very very big move. His takeaway? The Government should control it. Uh-huh. As if the […]

When Will Barney Frank Go Away?

Tuesday, May 3rd, 2011

Barney Frank is out again with his legislation that would strip regional Federal Reserve Bank Presidents of their right to vote on monetary policy. In other words they would presumably no longer sit on the Federal Open Market Committee. What a good idea! Then we can have only political appointees beholden to the morons in […]

Bin Laden and Trust in Government, Hmmm and Libya?

Monday, May 2nd, 2011

Apparently they have buried Bin Laden at sea in accordance with the muslim religious requirement that the body be buried within 24 hours. How convenient. So how do we know he is dead? Trust us. The problem is that most people have very little faith in government at all. And that faith is dropping. I […]