By John Galt September 7, 2011 – 12:30 ET I apologize in advance for the audio quality, BUT just imagine TSHTF and all you have is an old crystal radio set (just kidding). I think the problem has been corrected at least until the next thunderstorm fries me or the system. I shot the hamsters and the bananas. You can download the program plus this morning’s test program at the links below: September 7, 2011 – A.M. TEST September 6, 2011 Just…
By John Galt September 6, 2011 – 09:20 ET Just read the headlines and be thankful we have people advocating their “rights” to protest and do their worst in our nation. Latest insurgent attack kills 9 in Iraq Suicide bombers kill 20 in Pakistan Eleven dead, 65 injured in Delhi blast 19 killed as militants, Yemen soldiers clash
By John Galt September 7, 2011 – 07:58 ET Ah the gift that keeps on giving, America’s bailout of General Motors which resulted in the spinoff of an attempt to create the perfect mesh of Abbamobile and American unions now leaves it’s Swedish counterpart in the dust. From the Chinese news agency, Xinhua: Swedish auto maker Saab files for bankruptcy protection STOCKHOLM, Sept. 7 (Xinhua) — Swedish automaker Saab Automobile on Wednesday filed for bankruptcy protection as part of its attempts to reorganize its businesses.…
By John Galt September 7, 2011 – 07:35 ET While this ruling is not a surprise, future bailouts which will be needed have a more difficult path now to follow based on this ruling. Onwards to more EFSF insanity and debt monetization. Here is the full press release and ruling from Das Bundesverfassungsgericht: Federal Constitutional Court – Press office - Press release no. 55/2011 of 7 September 2011 Judgment of 7 September 2011 2 BvR 987/10 2 BvR 1485/10 2 BvR 1099/10 Constitutional complaints lodged…
By John Galt September 7, 2011 – 00:50 ET In even the most “normal” of times, September can turn out to be an extremely turbulent month for economies and world equity markets without warning. This time around, we have plenty of warning and an actual schedule which indicates trip wires and land mines which could bring the entire world to its knees with little warning. While this list may not be complete, if my readers have an entry I miss, please post it as a…
By John Galt September 7, 2011 – 0:01 ET What would one say if the two most powerful leaders in the West, the proverbial free capitalist world, have never held a job in private industry, never signed the front of a check, and spent their childhood and collegiate years studying under professors and affiliations who studied and professed the ideals of Communism and Karl Marx? That is the unique situation the European Union and United States of America find themselves in this very day. As…
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