November 02, 2009 –
I'm one of the biggest bashers of government spending there is and I know that Uncle Sam is one huge, inefficient beast. As a taxpayer I was offended by the government's recent Cash for Clunkers program (I'd be lying if I said that the part of me that works in the industry didn't like the program after seeing billions of dollars wasted on the financial sector). [more]
November 02, 2009 –
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RELATED TICKERS: CIT
MacroMavens recently published an excellent analysis of the +3.5% Q3 U.S. GDP number that Mr. Market was so pleasantly surprised by. After taking a closer look at the details, it things aren't quite as rosy as the number indicates. [more]
October 28, 2009 –
Wow, what a fantastic rant. I haven't had the time to read all of this yet, but I'm definitely going to. I particularly agree with Grantham's thoughts on Greespan, Bernanke, Summers, and Geithner. [more]
October 28, 2009 –
Here's something that should get you good and mad: [more]
October 28, 2009 –
Existing home sales were reported this morning. Out of all of the statistics that are contained in the release, the one that jumped out at me the most was the following: [more]
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