EVERYONE IS NUTS. AND THE PEOPLE DO NOTHING. PLUNDERING IN SPAIN OF THE PEOPLE’S RETIREMENT!

EVERYONE IS NUTS. AND THE PEOPLE DO NOTHING. PLUNDERING IN SPAIN OF THE PEOPLE’S RETIREMENT!

MADRID—Spain has been quietly tapping the country’s richest piggy bank, the Social Security Reserve Fund, as a buyer of last resort for Spanish government bonds, raising questions about the fund’s role as guarantor of future pension payouts. Now the scarcely noticed borrowing spree, carried out amid a prolonged economic crisis, is about to end, because…

I FEEL MUCH BETTER…THIS PERSON RUNS COMMERCE

I FEEL MUCH BETTER…THIS PERSON RUNS COMMERCE

Secretary of Labor Hilda Solis made her ubiquitous post-NFP appearance on CNBC this morning and spouted the usual propaganda. However, while discussing how wonderful the ATRA was, the seemingly slap-happy Solis noted how great the fact that emergency unemployment benefits were extended for millions of people was – and that thanks to that (and the…

I CONTINUE TO KEEP FINGERS CROSSED THAT THERE ARE NO LONGER-TERM REPERCUSSIONS BECA– USE OF THESE NUTJOBS

I CONTINUE TO KEEP FINGERS CROSSED THAT THERE ARE NO LONGER-TERM REPERCUSSIONS BECA– USE OF THESE NUTJOBS

…but I think we all know better! Fed mouthpieces Bullard and Lacker are out in force this morning talking the market back from the edge of yesterday’s FOMC Minutes and reassuring us that the economy is going to be weak enough for a lot longer to justify the Fed’s actions. However, right at the end…

NOTHING TO DO WITH MARKETS, ECONOMY OR WASHINGTON…

NOTHING TO DO WITH MARKETS, ECONOMY OR WASHINGTON…

…just thought this needed posting to show you courts are nuts and laws need to be updated.  LOS ANGELES (AP) — California appellate judges urged legislators to update an arcane 19th century law, as the panel reversed the rape conviction of a man who authorities say pretended to be a sleeping woman’s boyfriend before initiating…

THE USUAL!

THE USUAL!

The 11th-hour deal to avert the so-called fiscal cliff preserved billions of dollars in corporate tax giveaways even as it slashed take-home pay for millions of American workers. Tucked inside the last-minute fiscal cliff package were more than a dozen tax loopholes, many of which will benefit Wall Street financial firms and some of the…

ANYONE REPORTING THIS? I THOUGHT 97% OF ALL PEOPLE DID NOT HAVE TAXES GOING UP. OH…ANOTHER LIE?

ANYONE REPORTING THIS? I THOUGHT 97% OF ALL PEOPLE DID NOT HAVE TAXES GOING UP. OH…ANOTHER LIE?

Middle-class workers will take a bigger hit to their income proportionately than those earning between $200,000 and $500,000 under the new fiscal cliff deal, according to the nonpartisan Tax Policy Center.  Earners in the latter group will pay an average 1.3 percent more – or an additional $2,711 – in taxes this year, while workers…

01/03/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST

01/03/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST

https://archives.warpradio.com/btr/InvestorsEdge/010318.mp3 JUST LETTING YOU KNOW Today was boring compared with yesterday. But it was okay compared with yesterday. There’s nothing wrong with a pullback day. I’d like to see a few more days like this, but I gather we’ll get something tomorrow in way of movement from the fake jobs numbers. And yes ladies and…