…will be covered by unspecified income taxes on the upper 5%, a “modest” payroll tax, and some tax on stock and bond transactions. (Sec 211) All costs for construction and…

rdan The New York Times carries a story that is actually probably of more import than Fed announcement of not renewing the Treasury Bond program. Wednesday’s ruling goes to the…

…have ADD or what comes the Bloomberg story that the money from money machine is being restarted. Morgan Stanley plans to repackage a downgraded collateralized debt obligation backed by leveraged…

…bond-rating system. They effectively prohibit any firms from rating debt they helped structure and bar analysts from accepting gifts or entertainment exceeding $25 in value from the issuers of the…

…I thought I would add this chart to demonstrate my point. At the bottom in December the bond market was discounting a deflationary, depression. Now it is discounting an economic…

by reader ilsm More reason to worry about the USA’s AAA bond rating. The Navy, Air Force, Marine Corps, United Kingdom Joint Strike Fighter, F-35 Lightning II (see P-47 from…

…market is selling off on this. Just remember, betting on monthly economic releases is a suckers game created by the bond and stock brokerage houses to generate volume. They take…

…anything, this argues against bailouts and in favor of nationalization, firing management, wiping out S/Hs, zeroing out debt, haircutting bond holders, etc. Some economists may need to spend less time…

…fall, billionaire investor Warren E. Buffet, Goldman Sachs chief executive Lloyd Blankfein and William H. Gross, the managing director of PIMCO, the largest bond fund in the world, approached Treasury…

…does not hold the underlying bond/exposure). Before you say, “they can’t do that”, recall the effective confiscation of gold in the Great Depression. rationing, wage and price controls, the suspension…