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Sarcasm right?

There was a time back in early 2000 when gas prices spiked significantly, albeit briefly (right around the beginning of the end for Enron). Anyhow, the public outcry was tremendous and alot of city/states suspended their share of the gas tax for several months. Of course, we were coming off of...

When you think about it for a moment, the libtards would simply blame it on the past administration AND clamor for more spending on "green" energy projects..ya know, the kinda stupidity that led to the assortment of "Solydra's" that seem to unsurface rather frequently. And GM would really...

Granted this is an interesting thread, but you just answered a question that was posed nearly 7 years ago!

The debate is sort of meaningless since we are told "stocks" beat gold, but "which" stocks? Tell the numerous people who bought once flourishing stocks, only to find 20-30 years later the companies were worthless. The survivorship bias is overwhelming when we want to compare some arbitrary...

I believe that we substituted "bubble-nomics" for an economy some years back. Just about every metric for measuring the economy turned "abnormal"; yet the abnormal became the new normal. Without some ridiculous misallocation or bubble in the economy, just about everything collapses. Whether...

I know that Carlin has always been perceived as "uber left". However, his most famous tirades on politics were completely "a-political". Much of what he said went beyond the standard two party system nonsense...which always resonated with me. (and in case you haven't noticed...I've gotten...

:D Hilarious. RCG has turned into more of uber-shill than the welfare queenie, AK47.

Good Analysis, Max. The shadow inventory, existing inventory, etc, etc are enormous. Ten years IF we don't fall into any number of land mines in the interim. People have to remember that we're working on so many rounds of quant easing and inflationary monetary policy that NOBODY knows...

Miller peaked when he started shilling for those brokerage ads back around the dot.com peak. It worsened when he brought his schtick to Monday Night Football. I would never compare Dennis Miller to George Carlin. IMO, he's not even in the same league as Carlin. Miller loves to show off his...

It wasn't THAT long ago, the many semi well to do traders generated sometimes 5-7% in interest income and could simply trade with a bit of a "cushion". Of course, the same held true for others who were retired/semi-retired and could count on "something" without having to go into the...

Again, a potential solution WAS to allow "prices" to adjust to the economic realities of the post credit bubble implosion. Instead of guaranteeing tons of bad debts and interfering with the supply/demand for loans, etc...prices could have/would have adjusted to what was actually AFFORDABLE...

This is just another incarnation of Jake Jones, an obvious parody.

Even though you've become like the "boy who cried wolf", your posts are usually right on target. I've contended for years now that the most prudent manner to deal with the wage gap and the inability for many, many individuals to even subsist without government aid is to actually ALLOW...

Great post. The restaurant business is one of the best barometers of the REAL economy. Not only do you gain meaningful insight into the clientale (what they are ordering, average total, etc), but you also witness firsthand the REAL inflation in foodstuffs, utilities, rents, various taxes...

Yes, he's been doing this for many, many years. It's pure "huckster-ism". Alot of wind at your back analysis...If the market is higher, he'll roll out the list of bullish picks that worked. If the market is lower, the bearish picks are emphasized. Then again, it's 2012 and I figured even...

Sarcasm aside, if we put the number somewhere between the CBO estimate and ShadowStats, we are still in the high teens.

Basically, I'm saying that the country is already done for. The bailouts aren't going towards anything even remotely realistic in terms of turning the country around. It seems that the country is paying lip service towards actually raising tax revenue and getting its financial house in order...

We "give" them the money so that, "gasp", there isn't another "credit event". And IF Greece goes, then what is to stop the other on the brink countries from following suit? In a nutshell, that's what this entire drawn out, politically managed fiasco amounts to. It has nothing to do with the...

Come on Max. You sound like a kid with this analysis. The issues in Greece are far bigger than a bunch of ungrateful idiots running around the streets because the minimum wage and pension bennies have been cut. Personally, I think the country should just abandon ship. There is no...