Green Shoots & Leaves
Even the state-controled NYT recognizes the Wave of debt payments facing the US gov’t. I suppose even cheerleading has to take a back seat to reality from time to time.
Barclay’s head of US Equity Strategy: Japan stagnation coming to America. The Japanese lost more than just a decade, hell, they’re into their third decade of stagnation.
For the first time in 70 years, Treasury Bills are paying NO interest, while stocks are still soaring. What is wrong with this picture?
Barnes & Noble Inc. and Borders Group Inc., the nation’s two largest brick-and-mortar book sellers, both posted quarterly losses Thursday and forecast a difficult holiday season.
Yale University has a great read entitled The Problem Of Deficits.
Remember a few weeks ago when it was reported that American GDP rose to 3.5%? Ya, well that was a load of steaming crap. Today it was adjusted to 2.8%. Commerce was off by ONLY 20%. And consider about 1.5% of that was the cash for crapper program, etc…
Institutional investors are quickly losing confidence in the bullish markets. In other words, they see what every person who is not high on crack has been seeing for the last 6 months. The markets are inflated and due for an *adjustment*.
Heinz 2Q profit falls 16%. Suck it, Kerry.
The second wave of the financial tsunami is nearly upon us. So says Matthias Chang, writing for the most-excellent Global Research site.
AP-GfK Poll: More like Scrooge than Santa: Stress over debts could hold back holiday shoppers. Scrooge? Because shoppers are trying to get out of debt? Puhleeeease.
Our friend Dr *Snarky Bastard* Dave from Feed Your ADHD has his new site up and running, and what a thing of beauty it is. The Mayor loves it and admits he is rather jealous of the good Dr’s new digs. It’s set up in that cool magazine style that’s all the rage, and it’s just plain excellent. The Mayor was seriously thinking of switching over to that kind of page set-up, but seeing as though last year around this time I changed from Blogger to the format you’re reading now and lost about 25% of my readership. I say to hell with it. The hell with it, indeed.
But the Dr’s site is marvelous, you’ll lub it big time, Joe!
November 24th, 2009 at 10:42 pm
“It’s set up in that cool magazine style that’s all the rage, and it’s just plain excellent.”
Yeah, it’s a pretty good blog, but that magazine style that’s so trendy now,will fade in popularity soon,as more of us get tired of having to read a headline,then click “more” on an article we aren’t really interested in.
Why does emulating the MSM on the ‘net have so much appeal right now?
I don’t understand.
November 24th, 2009 at 11:16 pm
I don’t like the magazine style either, and you know what else? I’m gonna tell you what else. In your statement where you outline what percentage of regular readers you lost when you last changed formats, I think it’d be more… or rather, less nuanced if you just came out and said the actual number of readers that jumped ship, rather than that percentage or per capita stuff. I mean if 4 or 5 people jump ship, to hell with them. just sing it out. Obamanation has 3 more years and there’s lots of time to win them back, those folks that voted for zero will be looking for any port in a storm. Just like us, so to speak.
I didn’t vote for zero, and already I’m depressed and out of sherry. again.
November 28th, 2009 at 4:33 pm
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