Category Archives: Main Page

10 million missing gallons from BP spill found on Gulf floor

Another excellent reason to dramatically reduce our use of oil. Out of sight, doesn’t mean the damage has evaporated, see: Lost and found: 10 million ‘missing’ gallons from the BP oil spill, turn up on the sea floor: “It’s now … Continue reading →

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Gamblers who don’t expect to lose money

The trouble with being an equity investor today is that valuations make no sense.  For a current update see:  Market action suggests abrupt slowing in global economic activity. Here is the bottom line: “With median valuations for the average stock … Continue reading →

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Ooops, the truth about Greek ‘bailouts’ is getting out

Don’t look now, but the bankers are losing control of the ‘Greeks are lazy spendthrifts’ narrative.   Excellent piece from Charlies Hugh Smith, see: Greece just blew up the Empire’s death star of debt: Impaired debt and defaults result from imprudent … Continue reading →

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