Category recession

The Jones Report

We're all familiar with the Dow Jones Report. What about a Jones Report? A report on the average American. Is she working? Does he have health care? Does the average American have basic access to the essentials of life?

Food Stamps

A story in yesterday’s New York Times about the rising use of food stamps paints a pretty grim picture of where we are as a nation. For instance, the program, now helps feed one in eight Americans and one in…

Dumb and Dumber

Yesterday I came across this video on You Tube of a young man named Robert Erickson giving a speech at a Minnesota Tea Party Against Amnesty. Erickson is introduced as a resident concerned about illegal immigration. He says the usual…

Stock markets get pasted

The widely watched S&P 500 index not only failed to hold the 900 level yesterday, it also closed below its 50 and 200 moving averages, a highly bearish signal. The Dow and Nasdaq also got whacked. Trader Mike reads the…