Because there will be no shortage of bloggers talking about the mid-term elections today, Asylum Watch will offer up some other insanity, about which you need to aware. The doldrums of the Great Recession are still with us nearly five years after we were told the economy had returned to recovery mode. The Federal Reserve […]Read more "“Punishment Interest” _ A Sign Of The Times"
That’s what the Federal Reserve thinks of you folks not living on Wall Street. The Great Facilitator of big government Federal Reserve is finally having to admit that, after six years of printing trillions of dollars and giving essentially free to the too big to fail or trust banks on Wall Street, their Quantitative […]Read more "The economy isn’t growing because you’re hoarding money. Also, if you had any brains you’d get rich."
William “Slick Willy” Clinton rode that line all the way to the White House in the 1992 elections. It reduced American politics to its most essential ingredient, the economy. It’s almost always about the economy, isn’t it? Most Americans, even the low information members of our society, have an inherent sense of foreboding when the […]Read more "It’s The Economy, Stupid!"
Yesterday, upon the stair, I met a man who wasn’t there He wasn’t there again today I wish, I wish he’d go away… The above is the first verse of the 1899 poem, “Antigonish“, by Hughes Mearns. Follow the link to read the complete poem and some interesting history behind it. For the last two […]Read more "Wall Street Settimg New Records. Is The Illusive Recovery Finally Here?"
The biggest problem facing Americans for the last several years is the lack of jobs. Recent surveys have shown that most middle class Americans are worried about hanging on to what they have rather than striving to improve their lot in life. Young Americans are particularly concerned for their futures. But, our fearless leaders in […]Read more "Thanks for the Great Recovery, Mr. President!"