World War III is in progress: "It’s the world economy, stupid"

Bill Clinton coined the phrase in the 1992 Presidential Election- “It’s the economy, stupid!” and stayed focus on that issue which helped win him the election.  Now there is a greater issue at hand- the world economic system with the U.S. Dollar as the reserve currency.  For decades the U.S. Dollar has been the medium… Continue reading World War III is in progress: "It’s the world economy, stupid"

The Coming Energy Storm

Oil surpassed $70 per barrel last week, up from $37 back in December.  The unwinding of speculative positions forced the price down from $147.  In the intermediate term of six to twelve months, I expect the stock market to show signs of life which will help support higher oil prices.  The real issue is supply… Continue reading The Coming Energy Storm

Managed Chaos in America and the Last Bubble

Abrogation: To abolish, do away with, or annul, especially by authority. The Obama Administration has abrogated contracts in private industry “for the greater good”.  Contract Law is the basis of free enterprise and once you begin to tamper with contract enforcement you will see the demise of free enterprise.  As this is written, Chrysler is… Continue reading Managed Chaos in America and the Last Bubble