By John Galt June 1, 2011 All is calm? Uh, I don’t think so… The economy is a disaster. Hurricane season begins today. Are you prepared? Check out this series by clicking on this link from Impact Weather on the errors people make in Hurricane Preparedness. You can download the program by clicking on this link. Or click below to listen to the program here (FYI, compressed to 32K because it was over 2 hours):
By John Galt June 1, 2011 Oh the brutality of it all….. All from INO.com: S&P 500 - DJIA - NASDAQ - SILVER - WTI CRUDE - This is going to leave a mark.
By John Galt June 1, 2011 Well, it might as well start off with a band, besides, we need the rain. More info and graphics at Weather Underground. And from the NHC:
By John Galt June 1, 2011 The Reuters headline from early this morning says it all: IMF Not Paying Greek Tranche Seems Certain: Report With this being held from the Greek government, the responsibility for funding becomes the 100% responsibility of the European Union which is already showing cracks with the Fins, Belgians, and some Germans demanding an end to this extend and pretend financing of an entire nation. Soon, very soon, the world will realize that there is a fine difference between solvency and…
By John Galt June 1, 2011 The ADP employment report for May was just released and the nightmare is being set up for Friday’s report unless the fiction writers at BLS get busy: -Lowest reading since September 2010 -Total private sector payrolls up only 38,000 -Goods producing sector jobs were -10,000 -Service sector jobs increased 48,000 but a lot could be attributed (my opinion) to seasonal hiring in the leisure industry for the summer This is the kind of report that hints that the slowdown…
By John Galt June 1, 2011 Here we are, late at night, trying to go to bed when this news story from the Washington Post pops up via Drudge: Airplane annoyance leads to brouhaha in the skies over D.C. I started thinking to myself, “no way, this can not be true.” Sure enough, there’s enough there to make one go pound his or her head against a concrete block wall until the skin is raw or a concussion begins. The F-16 burns about $2700 per…
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