TRYING TO STAY SANE IN AN INSANE WORLD – PART 1
“I mean—hell, I been surprised how sane you guys all are. As near as I can tell you’re not any crazier than the average asshole on the street.” – R.P. McMurphy – One Flew Over the Cuckoo’s Nest “Years...
View ArticleTRYING TO STAY SANE IN AN INSANE WORLD – AT WORLD’S END
In the first three parts (Part 1, Part 2, Part 3) of this disheartening look back at a century of central banking, income taxing, military warring, energy depleting and political corrupting, I made a...
View ArticleTAKE IT TO THE BANK
Reports like the recent one from SNL Financial – Branch Networks Continue to Shrink really get my goat. As I travel the increasingly vacant highways of Montgomery County, PA I’m keenly aware of my...
View ArticleJ.P. MORGAN BOARD GIVES JAMIE DIMON A 74% RAISE
Do you really think corporate Board of Directors are independent and looking out for the best interests of the stockholders? Look no further than the Board of J.P. Morgan. They voted to give Jamie...
View ArticleTHE FOURTEEN YEAR RECESSION
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no...
View ArticleFOURTH TURNING: THE PEOPLE vs BIG BROTHER
“The risk of catastrophe will be very high. The nation could erupt into insurrection or civil violence, crack up geographically, or succumb to authoritarian rule. If there is a war, it is likely to be...
View ArticleUNEASY IN NYC
I live only a two hour drive from New York City, but it is a world apart from my daily existence. I’ve visited the Big Apple probably a dozen times in my life, but never for longer than two or three...
View ArticlePIGMEN WIN AGAIN
“The real owners are the big wealthy business interests that control things and make all the important decisions. Forget the politicians, they’re an irrelevancy. The politicians are put there to give...
View ArticlePIN MEET HOUSING BUBBLE 2.0
Housing bubble 2.0 just met Pin 2.0 The 30 Year U.S. Treasury bond yield hit 2.35% yesterday. That is the lowest rate in U.S. history for the 30 Year Treasury. During the deepest darkest depths of the...
View ArticleTRYING TO STAY SANE IN AN INSANE WORLD – PART 1
“I mean—hell, I been surprised how sane you guys all are. As near as I can tell you’re not any crazier than the average asshole on the street.” – R.P. McMurphy – One Flew Over the Cuckoo’s Nest “Years...
View ArticleTRYING TO STAY SANE IN AN INSANE WORLD – AT WORLD’S END
In the first three parts (Part 1, Part 2, Part 3) of this disheartening look back at a century of central banking, income taxing, military warring, energy depleting and political corrupting, I made a...
View ArticleBREAKING BAD (DEBT) – EPISODE TWO
‘If you’re committed enough, you can make any story work. I once told a woman I was Kevin Costner, and it worked because I believed it’ – Saul Goodman – Breaking Bad “As calamitous as the sub-prime...
View ArticleTOO BIG TO TRUST
Courtesy of: Visual Capitalist The “Big Four” retail banks in the United States collectively hold 45% of all customer bank deposits for a total of $4.6 trillion. The fifth biggest retail bank, U.S....
View Article30 BLOCKS OF HILLARY & WATERMELONS
I haven’t provided a 30 Blocks of Squalor update in a while, but to my delight none other than Hillary Clinton made an appearance on the 30 Blocks this past week, spurring me to ponder her level of...
View ArticleTHE ANTI-CINDERELLA MAN (PART ONE)
There are several movies I will watch every time they are aired on one of my generally useless 600 cable channels. They all have the same thing in common – a compelling character portrayal which keeps...
View ArticleTHE ANTI-CINDERELLA MAN (PART TWO)
In Part One of this article I made a fact based case that most Americans are experiencing an economic depression on par with the Great Depression of the 1930’s. In Part Two I will compare and contrast...
View ArticleAbout Those Handcuffs…
Guest Post by Karl Denninger So let me see if I get this right. Wells Fargo put in place an extremely aggressive “cross-selling” requirement for their associates — basically, to keep your job and...
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Only Ten Year After the Last Financial Crisis the Banks Are At It Again
Guest Post by Jesse “If at times his [Andrew Jackson’s] passionate devotion to this cause of the average citizen lent an amazing zeal to his thoughts, to his speech and to his actions, the people loved...
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BULL IN A CHINA SHOP
“So the modern world may be increasing in technological knowledge, but, paradoxically, it is making things a lot more unpredictable.” – Nassim Nicholas Taleb, Antifragile: Things That Gain From...
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