October 21, 2009 A must read: The Snowball of Derivatives: The Specter of a Second Black Swan
Daily Archives: 21/10/2009
Feeling Poor? You should, you're pay has been FLAT for 9 years
by John Galt October 21, 2009 EDIT 10/21 1730 ET: Well, this is what happens when yours truly is overdosed on cold medicine, gets two hours of sleep and can not think clearly. My apologies to my readers and I’m man enough to admit it: I screwed up. The first chart NOW reflecting the current report in 2009 dollars will make much more sense than the 5 a.m. presentation. Shoot me, please, as I am infested with the “Swine Cold” and my brain can not…
Prepetorial #24: Patriot Sam
by John Galt October 20, 2009 Marta was settling down into her worn out sofa in the family’s modest one bedroom trailer home enjoying her afternoon of Oprah and Dr. Phil while periodically yelling at her two young daughters to “do their homework and quit playing on the Internet.” At exactly 4:38 p.m. this day there was a loud violent clacking on her door. The entire trailer shuddered as the door burst open and six men dressed in black with guns pulled screamed at the…
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