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~ Quotables ~ "There is no clean way to make a hundred million bucks. Somewhere along the line guys got pushed to the wall, nice little businesses got the ground cut out from under them. Decent people lost their jobs. Big money is big power, and big power gets used wrong. It's the system."~ Raymond Chandler, The Long Goodbye
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Category Archives: The Mine or the Shaft
What fools we have running the nation. We haven’t had true capitalism in over a hundred years, and what everybody who has bought the flawed concept doesn’t understand is that the supposed “Great Economy” is a pure fabrication and manipulation … Continue reading
“You have a situation where a person owed $8 and lost their house. I mean, how is that equitable?” asked Michigan Supreme Court Justice Richard Bernstein. Arguing before the Michigan Supreme Court, attorneys for the county that pocketed nearly $25,000 … Continue reading
The Leftmedia’s harping on the economy has yielded the desired pollaganda result. “Americans’ attitudes toward the economy took a sharp turn downward in the third quarter,” CNBC reports, reaching “the lowest level of optimism in three years.” Moreover, “With only … Continue reading
It is beginning to come apart… We have described, in the last several days, a fascinating trend that is developing: the dash for cash ahead of the next market crash.
Last week, Lim Chow Kiat, who runs some $440 billion for Singapore’s sovereign wealth fund, laid out his case for keeping powder dry. Before that, Chicago billionaire Sam Zell said his firm has never been this cash-heavy. Meanwhile, hedge-fund titan … Continue reading
We have been railing against Public/Private Partnerships for many years. This is not a new issue. Many times in the past we’ve tried to inform the public of the dangers of PPPs, but they are complicated and most people today … Continue reading