By Robert J. Samuelson NewsWeek It seemed like a classic “man bites dog” story. America’s banks, having been repeatedly rescued by the government in the past 18 months, were about to turn…
Tag: Financial Commentary
One Fine Day
By: Michael S. Rozeff Since the government and central bank are once again inflating the economy, let’s look back at what happened the last time they did this. The Bush-Greenspan team used…
Will Dr. Marc Faber Be Wrong Again This Autumn?
By: Peter Cooper, Arabian Money Apologies to my old friend and colleague Dr. Marc Faber but not all his calls are right. Last autumn he recommended buying US stocks just as they…
Thank the Fed For Your Lack of Purchasing Power
By: Richard Daughty, The Mogambo Guru – The Daily Reckoning In case you were wondering, there is no way to stop spending a debt-based currency once you start, which handily explains why…