bindlepete

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  • Deflation Is Just Around the Corner
    This is pretty silly . OK gasoline is down, and housing is down unless you rent. But ehat else? Medical? Education? Food? ANYTHING YOU REALY NEED TO SURVIVE?

    The new rising tax burden is on the way.

    Deflation is a nice idea for us relatively fixed income retirees but it is hardly real.

    Does this bozo work for the Republican Economic Propaganda folk?




    Dec 17 11:34 am |Rating: 0 0 |Link to Comment |View article
  • No Foole Like a Dubious Causality Foole II: Oil and the Market
    There is the chance that the Plunge Protection Team is now pushing down the oil market for the leverage it has on the Equities. Selling futures, backed by the SPRO to indemnify, would/could have a big influence of the DOW. Is this group now putting the SPRO, a public asset at risk to save Wall Street?

    Sure would not be a surprise to me. All public assets are up for grabs with this mob.

    Just a suspicion.
    Jul 16 15:37 pm |Rating: 0 0 |Link to Comment |View article

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