Greece Runs Out Of Ink, Can’t Print Tax Forms!

Wednesday, September 28, 2011
By Paul Martin

by Tyler Durden 09/28/2011 If you thought that last night’s news that Greece had been consulting (and paying) the far more “stable” Irish Central Bank on how to, oh, avoid bankruptcy, this may jus top it. In an FT article describing the new set of austerity measures most of which are very loud... »

The Derivatives Monster That’s 9X Bigger than the Global Economy

Sunday, December 26, 2010
By Paul Martin

By: Richard Daughty Market Oracle Dec 26, 2010 assume that you, as an intelligent person who understands that the treacherous, greedy, vampire banks creating so much excess money means We’re Freaking Doomed (WFD), are Up To Your Freaking Ears (UTYFE) in gold, silver and oil, and you have had it UTYFE with your family... »

The Albatross that Happens Upon Hapless Homeowners

Thursday, December 16, 2010
By Paul Martin

The Mogambo Guru Thursday, 16 December 2010 There are lots of sad stories about how so many people have mortgages larger than their houses are worth, now that their houses have gone down in value with the general decline in housing prices, and more and more people are finding themselves increasingly in this... »

What Happens When Currencies Go Bust?

Wednesday, December 8, 2010
By Paul Martin

The Mogambo Guru Wednesday, 8 December 2010 I was telling the doctor that I distinctly heard a popping sound inside my head when I saw that the foul Federal Reserve had created, last week alone, another $24.2 billion in Fed Credit, which was instantly turned into money when the Fed bought $24.2 billion... »

A Message To The Wall Street Captured, Bailout Loving, Military Industrial Political Class – Take Your Austerity And Shove It Up Your Arse!

Wednesday, December 1, 2010
By Paul Martin Dear Esteemed Chairmen: No huge surprise here. What’s unfortunate for you is that for years, even decades – going back to Ross Perot – the American people have been prepared for and willing to accept changes (cuts) to Social Security. You, the politicians never gained the courage to ask, but I think for... »

Consumer Price Inflation: The Wolf at the Door

Tuesday, November 30, 2010
By Paul Martin

The Mogambo Guru Tuesday, 30 November 2010 I knew I was pretty sloshed when I started giggling about the perverse idiocy in which bankrupted governments wallow, as The Wall Street Journal had a nice headline that said it all: “States Raise Payroll Taxes to Repay Loans.” Hahaha! I mean, what kind of crazy... »

Dr. Bernanke Gets a Phone Call

Saturday, November 13, 2010
By Paul Martin

by Gary North Zhou Xiaochuan is the Governor of the People’s Bank of China. Imagine that the following phone call were to take place. Zhou: Hello. Dr. Bernanke? Bernanke: Yes. Zhou: I wanted to let you know about the decision that our board has taken, after consulting with the Premier and the Politburo’s... »

Default or Hyperinflation: The US’s Only Two Options

Sunday, October 24, 2010
By Paul Martin

By: Richard Daughty Sunday, 24 October 2010 I thought I had seen and heard it all after the ludicrous Ben Bernanke, asinine chairman of the Federal Reserve, announced that the official (and thus a lie!) 2% inflation in prices was too, too low, and he wanted higher inflation because, somehow, in some weird... »

We Can’t Afford This Government!

Monday, September 20, 2010
By Paul Martin

The Governmental Money-Vacuum by Richard Daughty The drunker I get, the more it seems to me that you slave away at your stupid job every day of your stupid life, hating every moment of it, reviling all the idiotic people you deal with every hellish day, but you bravely and heroically put up... »

The Woeful Results of Raising Taxes

Thursday, September 16, 2010
By Paul Martin

The Mogambo Guru Thursday, 16 September 2010 I wearily wrote, “Dear Diary, I am even more convinced that we are freaking doomed because the Federal Reserve has created So Freaking Much Money (SFMM) when it allowed the creation of So Freaking Much Debt (SFMD) to finance So Freaking Much Consumption (SFMC), both public... »

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