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The Sequence

Posted on August 31st, 2009 by DagnyTaggart

Remember the movie “Blast From the Past” with Brenden Fraser and Alicia Silverstone? Great movie. Anyway, at the end, Fraser’s character is talking with his dad (Christopher Walkin) and explained that there never was a Russian invasion, the Soviet Union fell without a shot being fired, they were a democracy and we were giving them [...]

The Bear is Back as Chinese Stocks Plunge

Posted on August 31st, 2009 by DagnyTaggart

It’s been a month to forget for Chinese investors, and the last day of August was the worst of all. The Shanghai benchmark index plunged 6.7% today, its worst one-day fall in over a year. Since hitting a high of 3478 in early August, the once-torrid Shanghai market has fallen 23%, which means China officially [...]

Stocks: Another Scary September?

Posted on August 31st, 2009 by DagnyTaggart

The big problem here is that the rally is based on false optimism. The economy is still falling. There are something like twice as many foreclosures as new home sales. New home sales are primarily to 1st time home buyers, lured by the $8,000 tax credit. That will end in November.
September’s reputation for danger [...]

Shipping Rates Fall by 50%

Posted on August 31st, 2009 by DagnyTaggart

Shipping data is a ‘leading’ indicator, meaning that it foretells how the economy will do in the near future. The fact that shipping prices are dropping so quickly and so far means that there is no demand for shipping, which means that trade is way, way down.
Shipping rates, which already fell 59 percent from [...]

The Lobbyists-First Healthcare Reform Bill

Posted on August 31st, 2009 by DagnyTaggart

In the vernacular preferred by most men I know, Obamacare could be called the “Screw-You” plan.  Just about every special interest in this Country will make out like bandits, while you and I will be…well yes, I hate to say it, but here goes:  we taxpayers will be royally screwed.
Read the article

Iran’s Bomb: A Done Deal?

Posted on August 31st, 2009 by DagnyTaggart

I would really like our government to take this seriously. If someone keeps calling you ‘Satan’ they probably really hate you and would like to destroy you.
Yousri Abu Shadi: “The question should be whether it (Iran) is capable of doing this (making a nuclear bomb). Yes. Technically speaking, it is capable of it. If Iran [...]

U.S. commander: Afghan strategy must change

Posted on August 31st, 2009 by DagnyTaggart

Just wondering here, thinking out loud: if we continue to deploy more troops overseas, it would be ‘logical’ that we would have a ‘need’ for the Civilian Army, right?
U.S. Army General Stanley McChrystal said the situation was “serious” but the 8-year-old war could still be won. He gave no indication as to whether he would [...]

Cheney: America Unprotected

Posted on August 31st, 2009 by DagnyTaggart

Can anyone really make an honest argument that not interrogating terrorists will make Americans safer? It might make the terrorists safer, but that shouldn’t be our goal.
By Bill Sammon
FOXNews.com
Sunday, August 30, 2009
In blunt, unsparing language, former Vice President Dick Cheney accuses President Obama of setting a “terrible precedent” by launching an “intensely partisan, politicized look [...]

 
 
 

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