01/01/2013

01.01.13 AEP: Stocks to soar as world money catches fire, Calvinst Europe left behind

  by John Galt January 1, 2013 20:00 ET   Ambrose Evans-Pritchard hits it out of the park again in today’s U.K. Telegraph, but not for the reasons many of my readers think:   Stocks to soar as world money catches fire, Calvinst Europe left behind   The one statement that caught my attention:   The side-effects of this currency warfare — or “beggar-thy-neighbour’ policy as it was known in the 1930s — is an escalating leakage of monetary stimulus into the global system.   In the end, this attempt at…


01.01.13 18:55 ET: Boehner Bones the Taxpayers Again!

  by John Galt January 1, 2013 18:55 ET   Well, here we go over the cliff and through the woods to taxrape house we go……   Boehner and the boneheads can’t even pass minimal actions without making an ass of themselves so what did they do? Check this out from the excellent coverage of the Wall Street Journal and its streaming coverage:   House Republicans Weigh Two Options for Vote House lawmakers emerged from lengthy closed-door meetings without embracing a Senate-passed bill on tax increases. Republicans, saying the deal does…


Here’s the Fiscal Cliff Bail out Bill

  by John Galt January 1, 2013 18:25 ET   What a load of crap.   They loaded up the bill in the Senate with Agricultural pork and spending and protected their constituents while failing to address the long term needs of the nation by balancing the budget and keeping taxes low for the entire country.   What a joke. Read at your own risk, and please, this author is not responsible for sickness while reviewing it.   The Fiscal Cliff – American Taxpayer Relief Act of 2013 – H.R. 8…


Predictions 2013: The Year of Living Dangerously

  by John Galt January 1, 2013 17:00 ET   2013.   Bah Humbug.   Washington, D.C. is a mess ruled by a maniacal narcissistic Marxist and opposed by a globalist political party which would sell your mother into slavery to get a new bridge for swamp rats in their district. The civil war in Syria continues unabated. North Korea can lob objects into the atmosphere with the trajectory of “God only knows” and hopefully one day they do not get lucky with something over the U.S.   Oh, and did…


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