Tag Archives: Financial Crisis

Sign-on letter to the bishops of the Archdiocese of Oklahoma City and the dioceses of Tulsa and Little Rock

To the Most Reverend Paul Stagg Coakley, Archbishop of Oklahoma City, the Most Reverend Edward James Slattery, Bishop of Tulsa, and the Most Reverend Anthony Basil Taylor, Bishop of Little Rock, as well as the Most Reverend Eusebius J. Beltran, … Continue reading

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A Better Way to Go to Work

In this time of economic uncertainty, Oklahoma City workers need a home-grown local solution to global economic problems. A worker-owned cooperative is a business that is owned, controlled, and managed by its employees. It  derives its power from the people … Continue reading

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How to throw the bastards out of office.

Politico’s Morning Money had an interesting quote from a market personality. . . NO! FEAKOUT! – Cumberland Advisors David Kotok, emailing form his high-level market guru pow-wow in Maine (Camp Kotok), where Dr. Doom Nouriel Roubini called the Monday collapse. … Continue reading

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That loud thud. . .

That loud thud you heard last night was the sound of the US federal debt being downgraded.  What this portends “no one knows” except that it isn’t good.  I don’t know that this will send us over the cliff and … Continue reading

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This is promising.

Comes now the venerable New York Times, reporting that the disapproval rate for Congress is at a record 82% — the highest on record.  The Times sez: More than four out of five people surveyed said that the recent debt-ceiling … Continue reading

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Mr. Market, that was not very nice.

Mr. Market was not very nice to the government today.  Here our esteemed aristocrats in Washington, D.C. got themselves all in a tizzy and came up with a compromise so that we could continue to borrow money, and instead of … Continue reading

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Overheard in the congressional deficit limit debate…

An anecdote from our national slide onto the ash heap of history. . . We are here to DEFEND our principles!  We have a RIGHT to loot our enemies and reward our friends! What other possible reason would there be … Continue reading

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Is this another bankers’ conspiracy? Cui bono?

As the crooks, thieves, and fools in Washington D.C. continue to bluster and blather about the debt limit, my thoughts increasingly turn to “cui bono?” Who is going to benefit from this? Well, if we do default, all those hedge … Continue reading

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The Devolution Accelerates.

In Wisconsin, the state capitol is besieged.  In Bahrain, demonstrators are driven away with tear gas.  In Washington, D.C., well dressed men in the service of the Tyrant Emperor Barak Hussein Obama himself himself  make sympathetic noises shedding crocodile tears … Continue reading

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What do they know that I don’t know?

Comes now the annual letter from my insurance company announcing the renewal of my home owner’s insurance.  It’s gone up in the coming year, about $165, AND they cancelled my earthquake insurance.  Don’t laugh, I always buy earthquake insurance.  It … Continue reading

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