Monthly Archives: April 2010
Department of Energy Acknowledges Hubbert Oil Peak Is Here
We seem to finally have reached the oil industry’s Hubbert Energy Peak. That is, it is more expensive and much harder as well as much more dangerous, exploring for and extracting oil. Known reserves are drying up while new ones … Continue reading
More EU Nations See Debt Collapses
ΩΩThe entire world went through a very massive credit bubble era and as this implodes and all credit bubbles implode, the attempts of governments to fix this via creating massive amounts of government debts is leading to a secondary implosion … Continue reading
Filed under .money matters, Free Trade, gold, Politics
Media Con Men Try To Distract Us
An army of commentators and TV personalities are making fun of the Congressional hearings going after Goldman Sachs con men. This, of course, is a media con game. As the condition of sovereign states and governments worsen, we see rising … Continue reading
Filed under .diplomacy, .money matters, Free Trade, Politics
Boy, That Is One Sh*tty Deal
The four Musketeers of Goldman Sachs testified in a subcommittee hearing in the Senate today. I only got to see a small part of the show because I had to run off to the dentist for root canal work. OUCH. … Continue reading
Filed under .money matters
Clever Crooks Cheat Chumps
Congress is stuck thanks to the flood of money flowing into the GOP from GS and other corrupting bankers so we have, so far, no real reforms and the reforms proposed by the Democrats don’t even begin to scratch the … Continue reading
Filed under .money matters, Politics
China Wins #3 Spot At World Bank
ΩΩEven as we focus on the incredible news pouring out of Wall Street’s wildest gambling gnomes, we must not lose track of the real, real news which is the rise of China and the disintegration of the US/UK banking dominance … Continue reading
Filed under .diplomacy, .money matters, Free Trade
Goldman Sachs Are Sacks of S**t
ΩΩEven if this is rather boring sometimes, I like to see things in full and try to understand on my own and at the same time, put everything into context. So, in the case of the news about Goldman Sachs … Continue reading
Filed under .money matters, Politics
