Of course, there will be another coronavirus ‘stimulus’ in the US …

But we ARE living in 2020 … With 40 million Americans out of work while the coronavirus pandemic has scared most other Americans out of resuming life as usual, should there even be a question about President Donald Trump passing another round of fiscal ‘stimulus’ to avoid what could easily become the second Great Depression? No […]

Read More Of course, there will be another coronavirus ‘stimulus’ in the US …

SUNDAY SMACK: 2008 ALL OVER AGAIN?

The two stupefying Wall Street Journal charts about US credit card debt you see above has caused me to break from my typical Sunday Smack format of simply raising questions without a strong injection of my opinion. Banks are issuing more credit cards today than they did just prior to the 2008 financial crash while […]

Read More SUNDAY SMACK: 2008 ALL OVER AGAIN?

BIG WAVE OF BOND DEFAULTS COMING

  I’ll get around to posting more detailed thoughts about the economy by next week at latest, but those of you who’ve read my posts like this or this already know that I think the global economic recovery of 2009 is a joke. Yes, “global” includes the United States. In “The Coming Default Wave Is […]

Read More BIG WAVE OF BOND DEFAULTS COMING

DREAM CHASIN’ AND PARTY TRIPPIN’ — HOW YOU CREATED ‘TRUMP 2016’

As I looked at last night’s Party of No Brains debate, I recalled my prediction of Donald Trump’s strong shot at being that party’s nominee — even before his first candidate debate. Back then, I made parallels between the cultural pessimism Americans faced during the late 70’s — which catalyzed the election of Ronald Reagan […]

Read More DREAM CHASIN’ AND PARTY TRIPPIN’ — HOW YOU CREATED ‘TRUMP 2016’

THE ONE PERCENT LOVES ICON-CHASERS

This recycled simmer-boil-simmer debate about whether to destroy, honor or moth-ball the Confederate flag reminds me of Americans’ drug-like habit of chasing icons and fighting over labels—undoubtedly violence-supporting icons which are emotionally powerful, but have no real power. I’ll get back to that thought in a moment, but allow me to throw a large slice […]

Read More THE ONE PERCENT LOVES ICON-CHASERS