Zaphod for President

Don’t pay down credit card debt. Let’s let these motherfuckers twist and writhe a little longer. Of course, you could use your check to buy something useful like Hammacher Schlemmer’s 14 mph ride-on cooler (just be sure to save some cash for the inevitable yet humorous DUI that will follow):

Here’s my idea:

That’s right. Take the […]

You heard it here first folks. Back on Sunday, September 23rd, 2007 I raised concerns about Dollar-Swiss Franc parity. Just like with the Canadian Dollar. It is now a reality.
The Australian Dollar is very close to parity at about 1.065AU for $1USD. Friends of mine in Europe are constantly told the Euro will soar […]

Even the mere perception of: “USA 2008: The Great Depression” is problematic. Oh, f*ck!

Fed eyes Nordic-style nationalisation of US banks reads the London Telegraph headline. Instead of “bailing out” powerful elite money makers and managers, the Federal Government should BAIL OUT THE ENTIRE COUNTRY!
My proposal is simple. Anyone and everyone. This means individuals, businesses, state and local government can apply to have their debt refinanced by the […]

For those of you who like it: Yes, I made this.
For Bank of America: I have no idea where this came from.

Shanghai stocks are off 30.00% since October! Will the People’s Republic export its inflationary woes to America? Now think, if China’s economy is growing at around 10.00% per annum, with an inflation rate of nearly 9.00%, where is the BOOM?

So far, housing is down 8.4%. That means that 13.5% of homeowners currently have negative equity in their homes. Goldman Sachs has predicted that if we have no recession, housing will drop to 15% of peak value, leaving 21% of homeowners with negative equity. Should a recession occur, Goldman Sachs predicts housing to drop to […]

America’s economy risks mother of all meltdowns

Northern Rock Nationalized
Apparently, the British are testing the waters for the Federal Reserve in nationalizing Northern Rock, the troubled British Bank.
Now, to call either the United Kingdom or United States truly free economies is patently false. Just imagine the Federal Reserve buying shares of Citigroup or Chase Manhattan.

Once upon a time the Zimbabwe Dollar was one of Africa’s strongest currencies. Today, through the miracle of a Federal Reserve in that country, their Dollar isn’t so wonderful.