John Hussman is always a good read. This week, in Buckle Up , Hussman is railing about the policies in Washington. Let's tune in. The misguided policy response from Washington has focused almost exclusively on squandering public money and burdening our children with indebtedness in order to defend t...

In "Famous Last Words" (repeated below for convenience) I took a look at a 10 point CNBC Slideshow On Famous Last Words. Somehow I had not yet seen this video where Jon Stewart on the DailyShow takes a look at some "advice" given on CNBC. In case you have not seen this yet, please take a look at CNB...

A perfect storm of bad farm policy in conjunction with a global slowdown is pressuring dairy farmers. Here is an interesting story about a dairy farm close to where I live: U.S. dairy farms in crisis as milk prices turn sour. Many of the more than 60,000 dairy farms in the United States have been cu...

In the wake of yet another miserable jobs report comes news that Ohio school gets 700 applicants for janitorial job. MASSILON, Ohio - Evidence of the slumping economy is stacking up at an Ohio school which has nearly 700 applications for one open janitorial job. Officials at Perry Local Schools near...

Inquiring minds are investigating the 10 point CNBC Slideshow On Famous Last Words of 2008 boneheaded comments. Here are some of my favorites. #3: Erin Callan "Categorically no." Lehman Brothers CFO Erin Callan responding on March 18, 2008, to the question as to whether the firm would be the next to...

The Fiscal Insanity Virus has struck again. See if you can spot the occurrences in BOE’s King ‘Groping in the Dark’ as U.K. Expands Money Supply. Bank of England Governor Mervyn King, criticized for his initial response to the credit crisis, is now embarking on one of the biggest risks in Brit...

Inquiring minds are asking Are Mattresses A Safe Cash Stash? I's a good question too. So let's explore with a point counterpoint. How to safely store cash under the mattress Bed manufacturer Feather & Black says New 'safe' bed allows savers to safely store their cash under the mattress. Bed manu...

Interesting stories are stacking up again so it's time for some economic potpourri starting with secret dealings by the Fed. Fed Refuses to Release Bank Lending Data, Insists on Secrecy The Fed refused yesterday to disclose the names of the borrowers and the loans, alleging that it would cast “a s...

Once again the auto sales statistics were grim with Ford leading the way. GM and Chrysler have yet to report. Please consider Ford’s February U.S. Auto Sales Declined 48% as Economy Slumped. Ford Motor Co.’s U.S. sales fell 48 percent in February, the 15th straight monthly decline, as unemployme...

Credit card chargeoffs are soaring. In response American Express, Chase Cut Card Limits, Lowering Credit Scores. About 45 percent of U.S. banks reduced credit limits for new or existing credit-card customers in the fourth quarter of 2008, according to a Federal Reserve January survey of senior loan ...