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kenleander commented Oct 9, 2013"Deficit spending remains the greatest obstacle to growth as running deficits is not paying bills merely deferring the Bill/IOU onto the backs of the next generation." Good to see that we still have patriots like you.
No Way U.S. Would Allow Debt Default? Don’t Bet on It
- kenleander commented Oct 8, 2013
Zhu Guangyao offers financial advice; 'Damn the debt, full spend ahead.' He sounds like a Democrat!
China tells US to avoid debt crisis for sake of global economy
- kenleander commented Oct 8, 2013
"economically USA could survive unless politicians want her to fail…" Economically the USA WILL survive. No doubt. The only question really is if it is time to pull the plug on excessive US Federal Government spending.
Big creditors China, Japan press U.S. to resolve debt row
- kenleander commented Oct 8, 2013
True default comes to the USA if they can't pay interest on debt. And, if they let Obama continue to borrow at the rate of $100 billion/month that may come to pass. But that really isn't what is on the table today. The only default that might occur ...
Big creditors China, Japan press U.S. to resolve debt row
- kenleander commented Oct 7, 2013
Geeez, another chicken little story. European governments are learning to live within their means. Is the USA supposed to be an exception? The US government spends $300 billion/month. It takes in $200 billion/month. By not extending the debt limit, ...
A US Default Seen as Catastrophe Dwarfing Lehman’s Fall
- kenleander commented Oct 4, 2013
The US Government: $200 billion/month receipts, $300 billion/month expenditures We all know what comes next.
US Boehner says won’t rely on democratic votes to pass debt limit
- kenleander commented Aug 5, 2013
They should print ideas like this in a little red book so the proletariat can wave them over their heads at meetings.
Why Homo Economicus Might Actually Be an Idiot
- kenleander commented Jun 6, 2013
Gee, helicopter money is more worthless than they thought. Yeah, I know...it's all Bush's fault.
The Dollar Is Getting Crushed
- kenleander commented May 24, 2013
this month: lower high last month: lower low not good
Orders for U.S. Durable Goods Rose More Than Forecast in April
- kenleander commented Oct 4, 2012
"A bunch of bilderbergers who appointed themselves to run our lives, wreck our economies, destroy our nations and make themselves a shed load of cash at our expense while they do so." Yep, and over and over we seem to collectively license them to do ...
EU said to have doubts over the viability of the Spanish 2013 deficit cut target
- kenleander commented Sep 19, 2012
Crude Oil Contracts rollover is at noon today. We are near bottom on crude. The media called Monday's crude price fall at 12:50 CT a glich. More likely is the big boys found out the extrodinary crude build in US inventories at that time. BTW if ...
US crude oil inventories rise by 8.5m barrels
- kenleander commented Sep 6, 2012
Wow! And I thought WE were crazy in the USA! ECB loans without seniority? Really?
Webcast of the ECB press conference 6 September 2012
- kenleander commented Aug 14, 2012
It's a fire sale. (P.S I drew on a moustache because I don't want anyone to recognize me.)
BP said to seek $7.9 billion in Gulf of Mexico oilfield sale
- kenleander commented Aug 6, 2012
Yeah, what's one more little cheat in the scheme of the big swindle?
Germany Govt Signals Approval Of ECB Draghi Bond Buying Plan
- kenleander commented Jul 31, 2012
nope ... it is because we are on the backside of a large swell of US earnings data and traders are looking to take profits same old stuff: sell on fact
Consumer Confidence Adds To Very Unwelcome Trifecta Of "Ugly" Good News
- kenleander commented Jul 31, 2012
flat earnings estimates forcast average on the 112 US companies reporting this afternoon (0.3% above last quarters estimates [briefing]) probable worry on ADP numbers for tomorrow normally I'd expect a weak US afternoon but the FED may have a ...
Got ‘Em On The Run
- kenleander commented Jul 27, 2012
Not so fast. The USA is in a massive earnings bubble this week and next. Dragi's timing was perfect. It looks like he was the motivator for the movement. He wasn't. The Euro fall probably won't seriously begin until next Wednesday or Thursday. ...
Many ECB Members Surprised By Draghi's Comments Suggesting New Bond Buys, Source Tells WSJ
- kenleander commented Jul 26, 2012
New residential construction was down. A blind man could have seen a fall in pending home sales. If this fall was "unexpected" then maybe the forcasting economists would be suited for another line of work.
Pending Sales of U.S. Homes Unexpectedly Fell 1.4% in June
- kenleander commented Jul 26, 2012
Draghi is King of the WORLD! (in his mind)
ECB's Draghi pledges to do whatever needed to save euro
- kenleander commented Jun 18, 2012
G20 meeting today...means schmoozing of the sheeples tomorrow always a good time to go long
G20 summit: politicians solve eurozone debt crisis in luxury