Elaine Supkis reports at http://elainemeinelsupkis.typepad.com/money_matters/2008/10/elaine-meinel-6.htmlRead more... )

Cyrus Bina, distinguished research professor of economics at the University of Minnesota, and a member of Economists for Peace and Security. He is currently a visiting scholar at UCLA. This link (http://www.atimes.com/atimes/Global_Economy/JJ09Dj02.html) is to ( Read more... )

We're all prisoners now. A good read is Pepe Escobar's observations at at Asian Times Online under the title "Wall Street: A New Iraq War," http://www.atimes.com/atimes/Middle_East/JJ10Ak01.htmlRead more... )

Dollar imperium going down ( Read more... )

http://www.thislife.org/Radio_Episode.aspx?episode=365Read more... )

At CR re: DJI 9643.92 at 2:21 ET Currently Smoking Cannabis writes: _I feel like a looky-loo on the freeway. I know there is a massive accident. I see broken glass, crumpled metal, and oh my God some blood in the road. Do I just put my head down and pass by?__Nope. I park my car and stare at the carnage. And looky there, 800 other people eating ( Read more... )

I'm Lovin It: McDonalds is less likely to default than the US Government. Denninger has been dismissed as a populist agitator but, mmmmm, his plan smells three-patty truthy to me. Too bad Congress members get paid for politics instead of thinking -- though a few like Ron Paul do it on their own time. This plan seems to address the root causes ( Read more... )

Now this campaign ad is interesting if you think, as I do, that there's not a nickel's worth of difference between the major brands' candidates: http://www.youtube.com/results?search_query=u5WiE6MnmCM&search_type=&aq=fRead more... )

Asian nations funding US sovereign debt contemplate a cooperative tough love approach to confront the waning financial hegemony of reserve currency and nukes. They hold 1 of the $2.67T treasury bills held by foreign nations. Multi-Polar? Um, OK, but maybe they just hate us for our freedom ( Read more... )

The German Finance Minister Addressed the Bundestag today, according to Deutsche Welle, http://www.dw-world.de/dw/article/0,2144,3669958,00.html. Looking forward to next month's meeting of the G7 finance ministers, he predicted that as a consequence of the ( Read more... )