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Channel: Durable Goods and The Stock Market, with The Fed In The Driver's Seat
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"Eventually the unintended

"Eventually the unintended consequences will rise up and bite it in the ass."It's a feedback loop from where the original policy originated ...exit and entry in the same local'

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Hmmmm, I-Lean, towards the

Hmmmm, I-Lean, towards the left, and towards the manipulated numbers.While I welcome contrary reports to imminent doom, I also like to have honest dialog."The mainstream media reported only the 2.2%...

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The FED is goosing the stock

The FED is goosing the stock market because that is where the capital gains tax revenue will come from.  Bill Clinton and Robert Rubin opened everybody's eyes to the amount of tax receipts that pour in...

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@Zero government ....Lee was

@Zero government ....Lee was saying the other day that he DOES think the housing market has bottomed and is the road to recovery

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It reminds me of Kipling's

It reminds me of Kipling's "The Gods of the Copybook Headings" In the Carboniferous Epoch we were promised abundance for all, By robbing selected Peter to pay for collective Paul; But, though we had...

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...good article...thank you  

...good article...thank you 

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so why did the Fed

so why did the Fed precipitate the 2008 crash? any thoughts?

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I guess they can repeal the

I guess they can repeal the NDAA now. All is well. The Bernank has spoken.

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"How long will it last?"

"How long will it last?"  That depends on how much ink Ben has....

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According to Cramer "they

According to Cramer "they know nothing about markets!"

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To see capital gains,

To see capital gains, wouldn't there have to be...hmm what is it....right there, tip of the tongue...yes!  Selling.  Just a thought.

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I had never read that poem,

I had never read that poem, and, now I have, it has made my day :oD. So incredibly true.So, thanks, Gene. Have a green on me.

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...so does that mean my

...so does that mean my banker still gets his Bailout Bonus this year? He gets so grumpy when the $5 million bonus check does not arrive.

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It was just another one of

It was just another one of their serial blunders. It's just that some of their mistakes look good on the surface for a while until the unintended consequences overwhelm the intended ones. That one went...

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Too bad the Fed pimping of

Too bad the Fed pimping of primary hustlers doesn't generate (non Mc)-jobs or a viable recovery.  

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the bite in the ass comes in

the bite in the ass comes in the form of another credit rating downgrade.

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Bit(s) in the ass.

Bit(s) in the ass.

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"History is only repeated as

"History is only repeated as farce to those who either have forgotten it or enjoy the sick humor of a disaster foretold." - WSJ (linked from above). ... Especially when it rhymes so well.

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Boy, that puts a few things

Boy, that puts a few things in focus.In case anyone hasn't been keeping up on their required reading, tax revenue is ever less consequential to what the government does (to us) as each month, quarter...

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All hell is gonna break loose

All hell is gonna break loose when the debt ceiling has to be raised in Sept.  Another credit rating thumbs-down for the US.  Gold I'll spike and perhaps it I'll jolt some of the fucking morons that...

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Very good post, thank you

Very good post, thank you very much.Good observation about SOMA, but is it really the main cause of the crash? Do you remember inflation numbers back then? Oil prices? Commodities prices? What wooud...

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