Jesse's Café Américain

"O that I could find in the desert a wayside shelter for travelers, that I might depart from my people. For they are all adulterers, an unfaithful mob of traitors. Their tongues are devious weapons, bent like drawn bows. With falsehoods rather than truth they have gained power. They commit one crime after another. They do not know me, says the Lord. I will make Jerusalem a heap of ruins, the lair of jackals. I will lay waste to Judah, a desolation where no one can live."
Jeremiah 9:2-3,11

Showing posts with label malinvestment. Show all posts
Showing posts with label malinvestment. Show all posts
27 January 2010

US Cattle Herd Drops to 1958 Levels

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Ranchers are culling the herds as corn prices soar and wholesale prices for beef and milk drop. My personal view is that this is a manifesta...
23 December 2009

The US Bull Market in Smoke, Mirrors and Gullible Investors

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We have given quite a bit of coverage to the somewhat 'thin' veneer of recovery being spun by misleading government econmic statisti...
20 March 2009

The AIG Scandal Is Merely a Symptom of Our National Agony

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The AIG bonuses are a calculated distraction. This is the heart of the problem: We will have no recovery until the system is reformed and br...
25 February 2009

How the Economy Was Lost

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Paul Craig Roberts was Assistant Secretary of the Treasury in the Reagan administration. "How long can the US government protect the do...
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