Deep Sunday Morning Thoughts From Bill Gross
Just because Jack Handey never got to manage $1+ trillion in debt...Gross: US fiscal cliff deeper than advertised. Its a Grand Canyon. Washington will defer entitlement cuts & raise revenues only...
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Israel Launches A Missile Into Syrian Territory For The First Time In 39 Years
Last week, when we reported that Syria has decided to enter the Golan Heights DMZ, and "provoke" yet another pro-Western stalwart, Israel, we said: "Syria can't wait to start a war, hopefully one which...
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Flash News - France Invades Switzerland!
There are some interesting implications behind a story that is out this weekend. I found the details (that have come out so far) of interest. The IRS of France, the National Directorate Of Tax...
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Spot The Start Of The End Of The Keynesian Dream
Presented with little comment, but while there are numerous reasons for elevated oil prices (from short-term supply disruptions, middle-east tensions, and emerging-market demand) it appears something...
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Guest Post: Why The Chicago Plan Is Flawed Reasoning And Would Fail
Submitted by Martin Sibileau from A View From The TrenchesWhy The Chicago Plan Is Flawed Reasoning And Would FailOn October 21st, 2012, Ambrose Evans-Pritchard wrote a note titled “IMF’s epic plan to...
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Visualizing The Impotence Of Bernanke's Wealth Transmission Channel
We have discussed the apparent (though anecdotal) divergence between refinancing rates and interest rates a number of times. Furthermore, we have exclaimed at the significant drop in refi rates since...
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Ron Paul: A New Beginning
From Ron PaulRon Paul: A New BeginningAmerica is over $16 trillion in debt. The “official” unemployment rate still hovers around 8%.Our federal government claims the right to spy on American citizens,...
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I'M A DRoNe MaN!
. I'M A DRONE MAN(i'm a Soul Man, Sam and Dave)WilliamBanzai7 Comin' to you on a dusty Waziri roadEvil lovin', I got a C-4 Butt LoadAnd when you get it, you got nothingSo don't worry, 'cause I'm a...
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Elmo Puppeteer On Leave Following Child Molestation Accusations
First the BBC, then CIA, then Lockheed... and now Elmo!? AP reports, that: "The puppeteer who performs as Elmo on "Sesame Street" is taking a leave of absence from the popular kids' show in the wake of...
View Article12 Nov 2012 – “ Show Me The Way ” (Peter Frampton, 1975)
12 Nov 2012 – “ Show Me The Way ” (Peter Frampton, 1975)Music LinkRather quiet. Verdict still out, whether we’ll get a real rebound or whether the last days were already the dead cat bounce, before...
View ArticleThe Market Just Figured Out Two HUGE Problems
The US Presidential election ended November 6, 2012. Since that time, the market has fallen 3%. There are a multitude of reasons for this, but the primary one is the fact that the markets is beginning...
View ArticleTwo Contradictory Thoughts About Elections
The election is over. I am left with two very contradictory feelings. First is the one of appreciation – every four years we peacefully replace our government. I remember my parents in the late 1970s...
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Is VIX Pricing In The Fiscal Cliff?
Much is being made of the drop in VIX today - with some suggesting it indicates confidence that investors believe the fiscal cliff resolution is closer. This could not be further from the truth....
View ArticleVeterans Day: Honor the Soldier ... Scorn the Chickenhawk
Honor the VeteransWe honor the brave men and women who have served in our armed forces.Some of the most generous, dedicated, brave people we have ever met are veterans.But the government scorns them...
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On America's Generous "Patriotic Millionaires" Who Just Can't Wait To Pay...
Several months ago, an ad hoc consortium of self-proclaimed millionaires, sent a letter to Obama, Reid and Boehner, demanding that "for the fiscal health of our nation and the well-being of our fellow...
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Crony Currency Club Cartel Controls Captives
(Note from Tim: This is one of those Slope of Hope posts that is Big Enough To Be Seen From Space, and it is written by a frequent contributor to Slope, BDI. Although, permabear that I am, I don't...
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Guest Post: America Isn't The Greatest Country Anymore
Via Lance Roberts of Street Talk Live,This weekend I had my first opportunity to watch "Newsroom," an HBO series, and I was struck by the opening sequence of the show as Jeff Daniels, aka Will McAvoy,...
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October Hedge Funds Performance Update: Mixed
With the market largely flat in October (the biggest market selloff in one year took place after Obama's reelection), it is no surprise that the most prominent hedge funds performed largely in line...
View Article13 Nov 2012 – “ That’s The Way ” (Led Zeppelin, 1970)
13 Nov 2012 – “ That’s The Way ” (Led Zeppelin, 1970)Music LinkAs Greek discussions overnight revealed a spat between Europe and the IMF, and given yet another closing slump in the US, Risk started on...
View ArticleGreece Comes Up With Collateral Loophole, Has Enough Cash To Roll €5 Billion...
Over the past several days there had been concerns that even if Greece managed to roll its maturing €5 billion in Bills with a new Bill issuance (which it did earlier today), it would be unable to...
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