Hope is the magical elixir of any rebound. – Dennis Kneale, CNBC Reports, July 1 There are a lot of idiots on CNBC (Leisman, Insana, Ratigan (formerly), Kudlow) but I think Dennis Kneale is the biggest one. His basic rationale…
Rolling my eyes….. This so reminds me of the Mike Judge’s movie Idiocracy.
(Via Crossing Wall Street) Also see: “The Mouth Is Out At CNBC”, Top Gun FP, March 30, 2009
* *In a small town on the South Coast of France, the holiday season is in full swing, but it is raining so there is not too much business taking place. Everyone is heavily in debt. Luckily, a rich Russian…
This is great: The Free Market Clapper. 100% true as well.
McDonald’s Corp. held a press conference today to unveil its latest sandwich: the Big Freddie Mac. Priced at 50 cents, the Big Freddie Mac is the first fast food hamburger to be subsidized by the federal government. “The economy –…
I found this report interesting: Technically, Not A Recession (via The Big Picture).
Using an overly aggressive seasonal adjustment factor, the statistical magicians turned an actual 6.5% surge in gasoline prices into a small decline. I wonder if they can read the minds of very skeptical American motorists who are not fooled by…
Funny (Hat Tip The Big Picture).