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video

Now watch this drive

I have been arguing for some time that Barack Obama made a crucial tactical error in bailing out the big banks early in his presidency. His actions have left him vulnerable to populist resentment.  In my view, this weakens his…

Links: 2009-09-09 – 50 Cent version

Below are the links for today, but I wanted to highlight the distraction of the day, which is Curtis Jackson III aka 50 Cent, who was interviewed on CNBC yesterday. Enjoy. This Keen professor overlooked by MSM Steve keen deserves…

The socialist back-to-school speech

While I have come down hard on some aspects of Barack Obama’s legislative agenda, I have not been painting him with a Hitler moustache or accusing him of socialism, that great evil practised only in cheese-loving France.  So I was…

Dollar falls to lowest on year

The U.S. Dollar fell to its lowest against the Swiss Franc and Euro, while the Canadian dollar and the Scandinavian currencies are also near year highs as well.  If you read Bloomberg, you might think this has to do with a bullish equity…

News from around the web: 2009-09-07

There Is Another Shoe To Drop In The Global Economic and Financial Crisis - And The Focus Will Be On Europe’s Perifery | Edward Hugh A number of countries in Eastern Europe immediately come to mind - not only the Baltics, but also Russia,…

News from around the web: 2009-09-06

iPhone makes worldwide loss, says report While Orange and T-Mobile compete with O2 to sell the iPhone in Britain, a report by Denmark's Strand Consult reveals how it makes a loss for providers and struggles against other phones…

News from around the web: 2009-09-05

Troubles For 'Prime' Borrowers Intensify - WSJ.com The mortgage-delinquency rate among so-called subprime borrowers reached 25% in the first quarter but appears to be leveling off, rising only slightly in the second quarter. The pace of…

Morning Links: 2009-09-02

Light posting this morning.  But I may be back later this afternoon. Let’s see what markets do today. Right now, it’s not looking good as Europe and Asia sold off and U.S. futures point to a selloff stateside. So, if you need a…

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