There is no Crisis

I watched the farce that was the Senate Banking Committee Hearing this morning and I’ve come to the conclusion that the only crisis on Wall Street is that a very few, very rich, shareholders might lose some money.  And we just can’t have that! Here’s how we know that there is no crisis. The Three [...]

McCain Advisor-Economy shows ‘Accelerating Prosperity”

Yes that’s right.  One of McCain’s economic Advisors thinks we’re [not] on the brink not of recession, but of accelerating prosperity. You think I’m joking? The guy saying it today in the Washington post is Donald L. Luskin chief investment officer of Trend Macrolytics LLC.  He says in the op-ed: Full disclosure: I’m an adviser [...]