How much did you make yesterday?

  As the economy grows progressively more weak, the equity markets move higher. That is a danger signal hiding in plain sight.   So if the Fed’s actions fail — and they have failed profoundly — to make us more fit, what do they do? The rush...

Our race to the bottom - Income inequality

  The last time the wealthiest one percent of Americans grabbed a share of household income this big was 1928 — the year before 1929 — when you-know-what happened on Wall Street.   That year the top one percent’s share of the nation’s income...

Follow the money

This make me wonder how many White House insiders have stock in Raytheon.   The Tomahawk cruise missile is described as the “weapon of choice’ of the Nobel Peace prize winner in the Oval Office. Raytheon, its manufacturer, has had a very good...

Russia playing softball with the Syrian "debate".

This bit of commentary on the "war" came across my desk yesterday. Putin needs $117 barrel oil, not a shooting war.   With the war issue hanging thick in the air, it is instructive to see how big money controls alignment and alliances on the...