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Month: September 2013

Taxes & Unions

Labor unions have been Marxist by design. Anything that attempts to flat-line the economy will fail. It is a business cycle that is at the very least impacted by...

Is the Euro Dying?

After election day, Angela Merkel plans a significant change as she will lack a majority of Germans really behind her and she has always changed direction with the...

Who is Buying US Bonds?

There is only one country that has bought massive long-term U.S. bonds in July and that was Japan. They bought the incredible amount of long-term bonds totaling $52...

JP Morgan to Pay $800 million fine

J.P. Morgan will pay a record fine with cheap central bank money in connection with the scandal of the “London Whale” J.P. Morgan must pay at least $...

France wants Germany to Pay Its Unemployment Costs – When will this End

The French Finance Minister Pierre Moscovici wants a common European unemployment insurance to be established. The French have difficulties to cover the high cost...

Summer’s Withdrawal – No Surprise

QUESTION: You said all along Yellen would be in. Why? ANSWER: The markets have cheered the news that Larry Summers would not replace outgoing Fed Chairman Ben...

Obama Repeals Law Against Funding Terrorists For Himself

  Obama has waived the ban on arming terrorists to allow aid to Syrian opposition. How much money has been confiscated in the USA for allegations of funding...

Government – Designed by Geniuses – Run by Morons

We cannot escape the fact that people have lost their faith in government. The latest polls show the approval rating of the US Congress has fallen to 11%. When the...

Anti-Union Propaganda

COMMENT:  “You should stop this anti-union propaganda nonsense. Before unions, children used to work in dangerous factories at 12 years old and their fathers...

Changing the Culture of NY Investment/Commercial Bankers

Far too often we quickly forget history – even recent events of just a few years ago. It was on April 27, 2010 during the Senate’s permanent subcommittee...