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Archive | June, 2012

Friday Humor: (The Onion) Drunken Ben Bernanke Tells Everyone at Neighborhood Bar How Screwed Up Economy Really Is

From the Onion: SEWARD, NE—Claiming he wasn’t afraid to let everyone in attendance know about “the real mess we’re in,” Federal Reserve chairman Ben Bernanke reportedly got drunk Tuesday and told everyone at Elwood’s Corner Tavern about how absolutely…..Excerpt from The Onion Very funny, but also very sad that there is more truth in this article […]

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Coming to a Theater Near You?

Back in April the Sun Sentinel news in Ft. Lauderdale, ran an investigative series titled Bad-Neighbor Banks, which focused on the side effects of the South Florida foreclosure crisis.  The article describes how some of “the world’s biggest banks” have left vacant homes to literally rot away. In Florida the problem is magnified by the […]

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Keep ’em Coming Bartender…

They say a pessimist  is  just an optimist who has the facts. They also say that where a pessimist sees a half empty glass, and the optimist half full; the pragmatist simply fills the rest of the glass with Vodka.  This week Barron’s Magazine published the midyear roundtable update and it just might leave you to […]

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Taking a Look at: TIP – Treasury Inflation Protected Bond ETF; an underappreciated workhorse

This is the first in a series where we will take a look at various ETF’s and how they play a role in an “Austrian Economics” influenced portfolio. TIP data by YCharts Today we look at the iSharesBarclays TIP  Bond ETF, ticker symbol TIP. Followers of the “Austrian School of Economics” naturally fear the return […]

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All Eyes on Ben

The Federal Reserve Open Markets Committee (FOMC) does not meet until the 19th of this month, but this is a big week for Central Bankers nonetheless. On Wednesday the European Central Bank (ECB) meets and as Neil Dennis of the Financial Times writes,“Given the rapid deterioration in confidence and business activity surveys in May, there […]

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