Month July 2008

The coming collapse of the Chinese economy

The Yellow Brick Road explains in great detail why the roaring economy of China is heading for calamity. Huge state subsidies, massive debt, an increasing exploited and angry rural class who have no property rights, overt corruption, and a recession…

Novel solution to housing crisis

From Bill Gross, Managing Director of PIMCO, in his otherwise serious monthly report of the economy. Make no mistake, the current conundrum that must be solved is: how to make the price of 120 million U.S. barns [homes] stop going…

Sen. Lieberman seeks pardon for convicted terrorist

Is Liberman trying to out-do David Horowitz for the crown of looniest right winger? He now wants to pardon Eduardo Arocena, “the Federally-convicted leader of the Cuban-American terrorist group Omega 7”, the man who orchestrated bombings in and around NYC…