Posted on 12 July 2011. Tags: Bond Market, Debt, Deficit, Depression, It's Not Raining We're Being Peed On, Jobs, Michael Lewis, Moody's, Scams, Subprime Mortgages, The Big Short, Wall Street
Every day, there is a new joke about the economy–though, the joke is a cruel one on most normal people and unfortunately, the transcribers of the news (nee "journalists") don’t get the jokes largely because they are (a) really dumb and/or (b) don’t really care and/or (c) are so wrapped up in being "serious" […]
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Posted in General Interest
Posted on 03 June 2011. Tags: Bond Market, Debt, Deficit, Depression, It's Not Raining We're Being Peed On, Jobs, Michael Lewis, Moody's, Scams, Subprime Mortgages, The Big Short, Wall Street
This is so absurd it made be burst out laughing in the midst of a sip of coffee this morning–and fittingly the coffee splashed over the idiotic front-page article in The New York Times (yes, I still read the actual paper version) that hails the newest words from the mountaintop, wisdom passed down from […]
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Posted in General Interest