Pic of the Day – Crony Capitalist Cuckoo’s Nest!

Thank you William Banzai7 for pretty much cracking me up multiple times every day with your brilliant images. Like this post? Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G Follow me on Twitter.

My Two Cents on LIBOR-GATE

So much has been written on LIBOR-GATE that I have chosen to refrain from the subject until now.  It is a generally confusing topic for many not in the financial industry (and many that are) so I want to cut right into the heart of the matter.  First of all, in the CFTC’s very own … Read more

Secret Service Shuts Down Eric Holder Protest but Saves us from Al Qaeda!

Another terrorist attack thwarted.  Another protest crushed.  Take that Al Qaeda! You know the Obama goons couldn’t stand this photo below.  Particularly since their only rebuttal to any criticism to the fact this entire Administration appears to be complete and total criminals is to yell “racist!” A huge kudos to this guy for calling out … Read more

My Latest Interview with the Most Dangerous People in Financial Media

In case you missed it, Josh Brown recently published a list via the Huffington Post of what he believes are the 25 most dangerous people in financial media.  He definitely got the first two slots correct.  At the very top are Max Keiser and Stacy Herbert, who unrelentingly publish their “Financial War Reports” daily here.  … Read more

Thoughts on Obamacare from a Surgeon and Friend

Over the past six months, I have had the distinct pleasure to become acquainted with Dr. Dave Janda, orthopedic surgeon and the Director and founder of the Institute of Preventative Sports Medicine based in Ann Arbor, Michigan.  Shortly after recording my first radio interview with him, he sent me his book, The Awakening of a … Read more

The Government is Encouraging More Food Stamp Usage, Calling it “Stimulus”

We have hit a new low ladies and gentleman.  Our very own Department of Agriculture is actively trying to push more and more people into the food stamp program, or SNAP.  The reason?  They think it is an economic stimulus!  Only Paul Krugman could be proud of such a stupidity.  From the USDA’s website: The … Read more

Where Food Stamps Go to Die

Anyone who has the power to make you believe absurdities has the power to make you commit injustices. No snowflake in an avalanche ever feels responsible. Common sense is not so common. I have never made but one prayer to God, a very short one: “O Lord make my enemies ridiculous.” And God granted it. … Read more

Mark Cuban Calls the Stock Market a “Platform for Hackers”

The following article from yesterday’s Wall Street Journal is a great follow up to my post from yesterday, Computers on Wall Street are Buying and Selling to Themselves!.  Mark Cuban, who wrote software himself, may have a bit more knowledge on the matter than some D.C. prostitute regulator, so I am sure they have contacted him … Read more

Romney Admits He Would Act Like a Dictator if Selected President

Have you seen the video clip of Mitt Romney stating he doesn’t need Congressional approval to wage war?  Yep, on Face the Nation, Romney stated: “I can assure you if I’m President, the Iranians will have no question but that I will be willing to take military action if necessary to prevent them from becoming … Read more

Computers on Wall Street are Buying and Selling to Themselves!

As if we needed another story to further solidify the running joke that has become the U.S. stock market.  In this article from Bloomberg we find out that: High-frequency trading firms are drawing scrutiny from U.S. regulators seeking evidence that they may be distorting market prices by conducting transactions with themselves, said two people with … Read more