Lies, Damned Lies And Statistics
From Mark Grant, author of Out of the BoxLies, Damned Lies And Statistics“There are lies, damned lies and statistics.” -Mark TwainIt has often been said by me,...
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On Shills, Technocrats, Politicians and the Sinking Ship
Three months ago I made fun of an ABC News report about the stock market. The occasion back then was the rise in the Dow Jones above 13,000. ABC has a panel of thirteen “experts.” All thirteen were in...
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The Big Lie
Wolf Richter www.testosteronepit.comSince the lousy jobs report last Friday, there has been a veritable orgy of Fed Speak with juicy morsels and contradictions, interspersed with leaks and rumors,...
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The Worldwide QE Quagmire
Wolf Richter www.testosteronepit.comCertain central bankers are now coming out of the closet admitting that their favorite shenanigans—ultralow interest rates and printing money with utter...
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Piling up: The Detritus of Failed Stimulus Policies
Wolf Richter www.testosteronepit.com“Ugly” doesn’t even describe it. I’m not talking about today’s ISM index of US Manufacturing, which was quite ugly, dropping to the worst level since 2009; and...
View ArticleWhy Don’t the Corrupt Players On Wall Street and In D.C. Show Remorse for...
Scandal After Scandal, Lie Upon Lie ... What's Going On?Many bankers, regulators and politicians have been caught in lie after lie and scandal after scandal.Why haven't they been shamed by all of the...
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Guest Post: It's A Matter Of Trust - Part 1
Submitted by Jim Quinn of The Burning Platform,“All the world is made of faith, and trust, and pixie dust.” ? J.M. Barrie – Peter Pan “The issue which has swept down the centuries and which will...
View ArticleGuest Post: The Rot Runs Deep 1: The Federal Reserve Is A Parasitic Wealth...
Submitted by Charles Hugh-Smith of OfTwoMinds blog,The Federal Reserve is a wealth transfer machine, skimming wealth from the productive many and transferring it to the parasitic few.Today I launch a...
View ArticleIf You Have Any Interest In Preserving Your Wealth, You Need to Use This...
So… we’ve now got both the ECB AND the US Federal Reserve promising to do “open ended” purchases of various bonds. If this doesn’t make it clear, point blank that the Central Banks don’t have a CLUE...
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Guest Post: All I Want For Christmas Is The Truth
Via Jim Quinn of The Burning Platform blog,“Eyes blinded by the fog of thingscannot see truth.Ears deafened by the din of thingscannot hear truth.Brains bewildered by the whirl of thingscannot think...
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Perhaps a Crumble Rather Than a Collapse – Chapter One Of Three
Perhaps a Crumble Rather Than a Collapse – Chapter One of ThreeByCognitive Dissonance Chapter Two may be found here. Why even question the obvious?When contemplating a complex subject, especially one...
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Guest Post: All Is Well
Submitted by Jim Quinn of The Burning Platform blog,“Facts do not cease to exist because they are ignored.”– Aldous HuxleyI woke up this past Saturday morning and opened my local paper to find out that...
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Perhaps a Crumble Rather Than a Collapse – Part Three of Three
Perhaps a Crumble Rather Than a Collapse – Part Three of ThreeByCognitive Dissonance Chapter One may be found here.Chapter Two may be found here The high priests of the religious cultWhen we point to...
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Guest Post: Adrift At Sea
Submitted by Jim Quinn of Burning Platform blog, “In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule.”– Friedrich Nietzsche The big story this past week,...
View ArticleBiderman Blasts "Sequestration Bullshit" And The Government's Big Lie
The sequestration bullshit is driving TrimTabs' CEO Charles Biderman nuts - and rightly so. As we showed recently, the actual scale of the earth-shattering cuts, while not insignificant, are small and...
View ArticleBiderman Nominates Krugman For 'The Big Lie' Award
Biderman's back and belligerent as ever. The TrimTabs CEO is perplexed at Krugman's (empirically) flawed assumptions that the US government can manage the US economy (better than a free market),...
View ArticleSo Did US Housing Prices Really Go Up in 2012 and Why?
Change, nothin' stays the sameUnchained, and ya hit the ground runnin'Change, ain't nothin' stays the sameUnchained, yeah ya hit the ground runnin' VAN HALEN"UNCHAINED" (1981) SO did housing prices...
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Guest Post: Real Personal Income Points To Recession
Submitted by Charles Hugh-Smith of OfTwoMinds blog,Every time real personal income goes negative, a recession occurs. Now that personal income is falling, a recession is baked in.Frequent contributor...
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WITCHES BREW: FINGERS OF INSTABILITY! (PART IV)
WITCHES BREW: FINGERS OF INSTABILITY! (PART IV)Ghosts The UNTAPER and Ponzi finance Eyes wide shut! The funding of moral and fiscal insolvency continues to BARRELL along. The whole developed world is...
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Guest Post: The Big Lie: Lunch (and Debt) Are Free
Submitted by Charles Hugh-Smith of OfTwoMinds blog,Actions create consequences, and not necessarily the consequences that were planned or expected.A central tenet of propaganda is that the Big Lie...
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