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Forecast 2019: Ding Ding ! Margin Call USA
Forecast 2019: Ding Ding ! Margin Call USA Welcome to the American hall of mirrors… and mind the broken glass all over the floor. That’s Nature’s way of saying the country has run out room to punk itself. 2018 was the consolidation of bad faith in everything we do: politics, the news media, economics & […]
Which Side Are You On?
Which Side Are You On? You had to love the narrative that the financial media put over about the 1000-plus point zoom in the DJIA on Wednesday: that pension funds were “rebalancing” their portfolios. It dredged up the image of a drowning man at the bottom of the deep blue sea with an anchor in […]
The Ghost of Christmas Present
The Ghost of Christmas Present Apparently one additional world leader turned up in Buenos Aires without fanfare this weekend. The General Secretary of the North Pole, known popularly as Santa Claus, took his latest-model hypersonic sleigh to the G-20 Meeting, and made sure that the global financial elite would find their Christmas stockings stuffed with […]
Murphy’s Law to the Rescue!
Murphy’s Law to the Rescue! What can go wrong will go wrong. It’s so fundamental to the operation of the universe that Sir Isaac Newton should have installed it between his 2nd and 3rd Laws of Motion — but he had his hands full losing a fortune in Britain’s South Sea Bubble circa 1721, after muttering to a colleague […]
Holiday Doings and Undoings
Holiday Doings and Undoings Somehow I doubt that this Christmas will win the Bing Crosby star of approval. Rather, we see the financial markets breaking under the strain of sustained institutionalized fraud, and the social fabric tearing from persistent systemic political dishonesty. It adds up to a nation that can’t navigate through reality, a nation […]
The Monster Mash
The Monster Mash The sad reality is that last week’s Pittsburgh synagogue massacre is only the latest float in the long-running parade of ghastly homicidal spectacles rolling across this land and will be just as forgotten in one week as was last year’s Las Vegas Mandalay Bay slaughter of 58 concert-goers plus over 800 wounded […]
Hammer Time
Hammer Time Looks like somebody threw a dead cat onto Wall Street’s luge run overnight to temporarily halt the rather ugly 2000 point slide in the Dow Jones Industrial Average — and plenty of freefall in other indices, including markets in other countries. A Friday pause in the financial carnage will give the hedge funders […]
Fishtailing into the Future
Fishtailing into the Future The opening chapters of Michael Lewis’s new book, The Fifth Risk, detail the carelessness of the Trump transition team in the months leading up to his swearing-in as president. Former New Jersey governor Chris Christie led the team, with its binders full of possible agency chiefs, before he was summarily canned […]
Lamentation
Lamentation An awful lot of sheetrock is going to be permanently ruined over the next few days down along the coast of Dixieland. Following the spectacle of hurricane reportage on TV reveals very little while the event is in progress. The cheapo building materials of the stereotypical strip malls flap around in the gale and […]
Three-Bagger
Three-Bagger And so the Golden Golem of Greatness re-enters the hall of mirrors that Syria has become. The US intelligence “community” has informed the US Media that Syrian President Assad is planning a new gas attack on Idlib Province, where a ragtag army of US-backed “rebels” (ISIS, etc) remain holed up against Assad’s forces backed […]
The Uncomfortable Hiatus
The Uncomfortable Hiatus And so the sun seems to stand still this last day before the resumption of business-as-usual, and whatever remains of labor in this sclerotic republic takes its ease in the ominous late summer heat, and the people across this land marinate in anxious uncertainty. What can be done? Some kind of epic […]
The Dogs of Vengeance
The Dogs of Vengeance History has a velocity of its own, and its implacable forces will drag the good, the bad, the clueless, the clever, the guilty, the innocent, the avid, and the unwilling to a certain fate. One can easily see a convergence of vectors shoving the nation toward political criticality this autumn. Mr. […]
Close Up and Long Shot
Close Up and Long Shot Be careful about what you see in the foreground of the news vis-à-vis what’s in the background. Sunday, the cable networks were on fire over the 30-or-so white nationalists marching across Washington DC — with much larger hordes of masked, black-clad Antifa street-fighters following them around, and an army of […]
Anatomy of a Displacement-Projection Syndrome
Anatomy of a Displacement-Projection Syndrome “For more than a decade, Russia has meddled in elections around the world, supported brutal dictators and invaded sovereign nations — all to the detriment of United States interests.” — The New York Times The Resistance sure got a case of the vapors this week over Mr. Trump’s failure to […]
Lousy Deals and Turning Wheels
Lousy Deals and Turning Wheels In that long ago yesteryear of 1979, before blogging, tweeting, twerking, hacking, posting, ghosting, doxing, and all the other Internet-enabled compulsions of the present day, a gang of inflamed young men, said to be students, invaded the US embassy compound in Teheran and took fifty-two American embassy personnel hostage — […]
