March 2009

The Class War Is Lost

March 27, 2009

Did you even notice that there was a war going on? There has been a one-sided class war going on for decades. It is now over.  The elites won decisively. It’s really quite odd. Few of the poor and middle class realized it was happening. Most of the wealthy also were unaware of the war. […]

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Don’t Get Your Hopes Up

March 16, 2009

Actually, hope is a good thing. It’s good psychologically. It’s even good for the economy. It’s just that a systemic, global meltdown isn’t ready to disappear quite so quickly. It has been said that expectations are the largest factor in determining the ups and downs of the economy. A little hope is giving us the […]

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Odds And Ends

March 11, 2009

There are so many issues on which to comment that I can’t keep up. Each one deserves at least a book, as an antidote to all of the nonsense clogging up the airwaves, cable, the Internet and the dead tree media. Note: I have a special video treat for everyone staying to the end of […]

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The Dow-Jones Illusion

March 3, 2009

All bubbles will burst but debt will remain. People are prone to believing the illusion that the Dow-Jones numbers are a measure of wealth. Were you wealthy when the Dow was over 14,000? Has your wealth vanished? No and no. Your wealth hasn’t changed. Only the illusion that you were wealthy has disappeared.

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