Category Archives: Even the Terminator Can’t Help California

The Committee to Defraud the World

To say now that ‘No one knew’ or ‘I was mistaken’ or ‘I was just doing as I was told’ is another in a series of lies and deceptions that have supported one of the greatest frauds in the history … Continue reading

Posted in A Moral Question - Not A Political One, A Shareholder-Not Just a "Stakeholder", A Time To Repent, AIG and all that....., Analysis & Commentary, Bilderbergers 1 USA 0, Collateral Damage, Coming Social Unrest, Consumption Ran the Old Economy, Coup d'etat in America, Death of the Dollar, Deflation-Inflation-Stagflation, Devaluation, Did they ever hear of GAAP?, Dismal Science-Ignorant Scientists?, Economic Analysis Isn't Science, Even the Terminator Can't Help California, Goldman: Underwriter or Undertaker?, Greenspan is kind of stupid, Insolvency, It Is Supposed to be a Republic!, Jacksonian Democracy, Let's Call What It Is - DEPRESSION, Moral Hazard, No Bank Is Indispensable, Obama's Hypocrisy, Our phony middle class, Patience is a virtue...Delusion is a vice, Small Business-Bedrock of America, Smaller Can Be Better, Social Security Time bomb, Socialism, TARP fruit loops, The American Financial Oligarchy, The Arrogance of Power, The Consequences of Greed, The End of American Capitalism As We Know It? - Discuss, The Financial Elite, The Importance of Strategic Planning, The Inherent Disorder of Empires, The Intrusion of UNLAWFUL Authority, The Judeo-Christian Political Coalition, The New American Socialism, The Obama OMG magic factory, The Sorry State Of American Manufacturing, The Suffering Poor, The excellent adventures of Ben Bernanke, Those Quarky Accounting Rules, Time For A New Third Party, Truth In Charity, USA Is the New Japan, Unemployment Catastrophe, Unindicted Co-Conspiritors, Unintended Consequences, Wage Deflation, We Have Become Beggars To The World, Who Guarantees the Guarantor?-You Do!, Who owns Congress-Still!, Why is the first Black President incompetent? | 1 Comment

Sic transit America?

Flagging: a US sailor stands on the flight deck of the aircraft carrier USS George Washington If a week is a long time in politics, a decade is starting to look like an age in geopolitics. Comparing the America that … Continue reading

Posted in A Growing List Of One Term Presidents, A State of Distress, A Time To Repent, AIG and all that....., Back to the basics, Collateral Damage, Coming Social Unrest, Commercial Real Estate Bust, Consumption Ran the Old Economy, Coup d'etat in America, Death of the Dollar, Deflation-Inflation-Stagflation, Devaluation, Dismal Science-Ignorant Scientists?, Even the Terminator Can't Help California, Federal Reserve-Discussion, Figures don't lie but Liars can figure, IT'S ALL ABOUT POWER AND MONEY, Integrity and Responsibility, Is The Market Rally Real?, It Is Nice To Be Part of the Elite!, It starts with a foundation, Monetary Policy - Discussion, Our phony middle class, Patience is a virtue...Delusion is a vice, Political Chaos, Politicians, Prostitutes and Pimps All Rhyme, Small Business-Bedrock of America, Sub-Prime anytime, TARP fruit loops, The Arrogance of Power, The Consequences of Greed, The Democrats Blew It Again, The End of American Capitalism As We Know It? - Discuss, The Financial Elite, The Global Economy, The Habits of Hedge Funds, The Importance of Strategic Planning, The Inherent Disorder of Empires, The Intrusion of UNLAWFUL Authority, The Judeo-Christian Political Coalition, The New American Socialism, The Sorry State Of American Manufacturing, The excellent adventures of Ben Bernanke, Time For A New Third Party, Truth In Charity, US Trade Imbalance, USA Is the New Japan, Unemployment Catastrophe, We Are All Cooked, We Are All Guilty, We Have Become Beggars To The World, “the Greenspan doctrine” | Leave a comment

I guess the government can say anything…and most people believe it!

Washington Post Crashed-and-Burned-and-Smoking Watch: …[The Washington Posts's] Fred Hiatt this morning: Re-Stimulating. Unemployment is bad. More fiscal debt might be worse: At 9.8 percent, the unemployment rate is higher than it has been since it hit 10.1 percent in June … Continue reading

Posted in A Growing List Of One Term Presidents, A Saturday Break, A State of Distress, Analysis & Commentary, Coup d'etat in America, Economic Analysis Isn't Science, Even the Terminator Can't Help California, Figures don't lie but Liars can figure, If I Only Knew It Was This Easy! | Leave a comment

Rushing to the Exits?

Bottom Line. The Fed is moving toward the exit as they look toward the conclusion of their securities purchases programs. But it is not clear that such a move is justified by their own forecasts or the inflation/wage/employment data. There … Continue reading

Posted in Analysis & Commentary, Cash Flow, Coming Social Unrest, Coup d'etat in America, Deflation-Inflation-Stagflation, Devaluation, Even the Terminator Can't Help California, Figures don't lie but Liars can figure, If I Only Knew It Was This Easy!, Let's Call What It Is - DEPRESSION | Leave a comment

It’s Unemployment, Stupid!

Pittsburgh protesters demand G20 do more for jobs Forbes “We’re not going to accept a jobless recovery,” said Larry Adams, a postal worker who came from Jersey City, New Jersey, for the protest. …

Posted in A Growing List Of One Term Presidents, A State of Distress, A Time To Repent, Back to the basics, China and the Treasuries - A Dependency Relationship, Coming Social Unrest, Consumption Ran the Old Economy, Coup d'etat in America, Death of the Dollar, Deflation-Inflation-Stagflation, Even the Terminator Can't Help California, Figures don't lie but Liars can figure, Important Skills - No Apprentice Programs, Is The Market Rally Real?, New Jersey Recovery?, Obama's Hypocrisy, Our phony middle class, Political Chaos, TARP fruit loops, The Arrogance of Power, The Democrats Blew It Again, The Disappearing Car Makers, The Inherent Disorder of Empires, The Intrusion of UNLAWFUL Authority, The New American Socialism, The Sorry State Of American Manufacturing, The Suffering Poor, Time For A New Third Party, Unemployment Catastrophe, Wage Deflation, We Are All Cooked, We Are All Guilty, We Have Become Beggars To The World, Who Guarantees the Guarantor?-You Do!, Who owns Congress-Still! | 1 Comment

Sic Transit Gloria America

As U.S. deficits increased, global investors edged away from the dollar into the German mark, the Japanese yen, the Swiss franc, the Euro, and more recently baskets of Asian currencies. Which brings us to today. Only goodwill (defined both as … Continue reading

Posted in A Growing List Of One Term Presidents, China and the Treasuries - A Dependency Relationship, Death of the Dollar, Dollar Musings, Even the Terminator Can't Help California, Global Trade, Insolvency, Our phony middle class, The China Dilemma, The Democrats Blew It Again, The End of American Capitalism As We Know It? - Discuss, The Global Economy, The Importance of Strategic Planning, The Sorry State Of American Manufacturing, US Trade Imbalance, Watch The China Market, We Are All Cooked, We Have Become Beggars To The World | Leave a comment

“Let’s not remember California as a bloated, rotting freakshow corpse hanging above a filthy public pension toilet”

Under the management of the flamboyant Austrian body builder / therapist, California began a rapid descent that ultimately ended in death. Some faulted Schwarzenegger’s unconventional therapeutic methods and prescription spending pills, including state pension steroids that some say were powerful … Continue reading

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Who Killed California’s Economy?

There are five suspects, from the governor to the constituents themselves. Who Killed California’s Economy? Five Suspects – Joel Kotkin, Forbes

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If misery really does love company, Californians can for the moment feel a little better

or at least a little less worse — about the budget crisis in Sacramento. From the Wall Street Journal tonight: Ten states were scrambling Monday to pass budgets before a Tuesday deadline, with a handful — including Arizona, Indiana and … Continue reading

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“Huh?”…asked the terminator

June 2 (Bloomberg) — Imagine a novel of more than a thousand pages, published half a century ago. The author doesn’t have a talk-radio show and has been dead for 27 years. As for the storyline, it is beyond dated: … Continue reading

Posted in Even the Terminator Can't Help California, Integrity and Responsibility, Internet News, Jacksonian Democracy, Libertarianism - the Debate, The Economics of Schumpeter, The Rand Gene | Leave a comment

Mean Street: The Sorry State of Our Sorriest State, California

You live, you learn. Right? Well, not in America. Here we live, screw up and then go back to doing the same stupid things we did before. Apparently, it is just too hard for us to make the tough, necessary … Continue reading

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