They say death and taxes are the only two sure things. Well I’m going to give you another; 4th quarter GDP will be revised sharply lower in the weeks and months ahead. I have no doubt the number this morning was massaged as a 7% or higher loss would have sent the markets into a [...]

While President Obama lashes out at Wall Street’s compensation greed, one of his recent appointments is walking away with millions from her old job. Ironically, the agency she ran failed to regulate the financial industry Obama is blasting. Go figure.

New “Happy” members? I think not! Who ordered the Pork?

This Video is rated R for realistic. Children under 17 should be prepared to remove all sharp objects from their parents after they watch this. Adults with bad hearts, bad financial advisors and bad portfolios should not watch this without seeing and having a doctor nearby. We can not be responsible for any injuries or [...]

Then the numbers shown in this excellent article truly tell the story of what’s really happening with our banking system. Like it or not, the U.S. banking system is technically insolvent (Its total capitalization is far less than its liabilities). Honestly, it’s worse than even I thought based on the numbers in this article. The [...]