Monthly Archives: May 2013

The Israel Attacks Are Not Irrelevant

http://bit.ly/YydVNRVia Mark J. Grant, author of Out of the Box, “Force and fraud are in war the two cardinal virtues.” -Thomas Hobbes At the center of any military campaign is the art of deception. In the military nothing is done … Continue reading

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Crude Inventories Surge To Record High As Energy Demand Collapses

http://bit.ly/10VtMK8A month ago we highlighted the somewhat stunning reality of the real economy via the EIA’s detailed energy supply and demand data. The key takeaway was that we hoped this did not represent the true state of the economy since … Continue reading

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Public Debt and Economic Growth

http://bit.ly/ZyIcgr In the election of 1952 my father voted for Dwight Eisenhower. When I asked him why he explained that “FDR’s debt” was still burdening the economy — and that I and my children and my grandchildren would be paying … Continue reading

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