Discursive Monologue

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One year ago, I laid out a list of my predictions for 2008. I can say without hesitation that 2008 will be a year that I remember for the rest of my life. 2008 saw unprecedented government intervention in markets, deteriorating economic conditions, and...
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Last year, I disappeared some time in October and didn’t emerge until the Spring (albeit, I never really emerged in a capacity similar to the April 2007 - October 2007 date range). This year, a similar thing is happening. I usually try to read 10...
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The trade-weighted U.S. dollar index has risen nearly 15 percent from its lows in March. Most of the articles in the main stream media claim that this is a vote of confidence in the U.S. economy, or that investors consider the U.S. economy to be the the..
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Last year, I wrote a series of posts about foreign ownership of U.S. securities in an attempt to show that the reckless spending of America (private and public) has the effect of transferring American wealth abroad. It is not my belief that any people...
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I was thinking about something that former Lehman Brothers CEO, Richard Fuld said at the Lehman Brothers annual meeting in April. He was still confident that he could sail his sinking boat back to the harbor. “I will hurt the shorts, and that is my.
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