Banana Republics Need Compliant Central Banks. Here is an excerpt: "Wait a minute. Huge increase in government spending. Fast-rising debt. Tax the rich. Appoint political advisors to run the central bank. That’s us! "


Buffett's Partner: 'It's Over' for U.S. Economy Charlie Munger, Warren Buffett’s longtime business partner in Berkshire Hathaway, warns that the U.S. economic empire is crumbling before our eyes, thanks to federal debt and poor planning. The article leads with this headline: “Basically, It’s Over.” Read the Entire Article — Go Here Now.



Slowly We Turn
Howard Katz


Bloomberg Video Interview: February 22
posted by HMS at Marc Faber Blog - 56 minutes ago
Marc Faber, the publisher of the Gloom, Boom & Doom report, talks with Bloomberg's Mike Firn about his forecast for U.S. stocks. Faber, speaking in Tokyo, also discusses Federal Reserve monetary policy, t...


Governors: It's Going to Get Worse- NY Times


Stimulus Actually Raised Unemployment- Investors' Business Daily


Gold Survives IMF Dumping & Fed Tightening- The Business Insider


4 More US Banks Fail; Total Now 174- Epoch Times


China Taps More Saudi Crude than US- Financial Times


Jobless Claims, Inflation Jumps as Economy Wobbles


Monetary Inflation and the 32 Cent Gallon of Gas (The Mogambo Guru)


Law of Diminishing Returns of Credit Expansion


Governors Brace for More Economic Turmoil


Great time to fill the pantry.
US Consumer Prices Fall for First Time in 27 Years


Pound Slides Further on Surprise Fed Rate Raise


”Hold on, my friends, to the Constitution and to the Republic for which it stands. Miracles do not cluster and what has happened once in 6,000 years, may not happen again. Hold on to the Constitution; for if the American Constitution should fail, there will be anarchy throughout the world." - Daniel Webster