22 April 2010

Unadjusted Producer Price Index


One picture is worth 1000 words.

World of Wall Street - Unadjusted Year Over Year: Producer Price Index Up 6.1%


21 April 2010

William K. Black's Testimony to the Congress on Lehman's fraud


The recent US financial crisis is always and everywhere founded in regulatory capture, dissembling, influence peddling, and fraud.


'Third Party' Liberal Democrats Jump Into Contention in British Polls


British elections became a 'three way' race as Liberal Democrat Nick Clegg electrified audiences in the recent televised debate.

UK Election

"Many will have learned more about the three main parties' policies in 90 minutes than they had ever known before. In an election in which trust and integrity are likely to prove crucial all will have had the chance to contrast close up and under fire the personal mettle of Messrs. Cameron, Clegg and Brown."
This speaks volumes about what is likely to become a trend and perhaps a preview of the US November elections in which incumbents drop and give way to a more independent and third party candidates.

Liberal Democrat leader Nick Clegg speaks in a recent press conference about banking reform and the Goldman Sachs scandal in the States.



I am informed by a UK reader that this poll understates the push the Liberal Democrats have made, and that in other polls they trail the Tories by only two points, or are at par.