Greenpeace to be the 3rd US Political Party?

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Greenpeace has been active in Europe for over three decades and is now active in 40 countries including the US. Greenpeace is the original grassroots, environmental oriented, political party that doesn’t accept corporate contributions and seeks to expose environmental criminals. Their mandate is “to safeguard our environment and our future.”
Now that global warming has been embraced by […]

Car Salesmen and the Fed. Both are Selling you.

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Having recently purchased a new car, I was struck by the analgous nature of the whole purchase transaction of buying a car to the Federal Reserve’s actions to deal with the financial system credit crisis.  I mean both are using marketing gimmicks to hock overpriced goods by offering what appears to be a special deal. Think […]

UP DOWN UP DOWN DOWN UP DOWN DOWN DOWN…

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The Federal Reserve is widely expected to cut rates for the seventh time today by .75 to 1 percent.  So far banks have not passed to savings down to borrowers either in lower mortgage rates or lower business and consumer borrowing rates. They are hoarding the savings to shore up their own balance sheets making […]

Are global rate cuts coming?

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The financial markets had a bad week giving back the rally ushered in by the emergency rate cuts and economic stimulus bill. Technical analysts now believe we must test the next level down or 11,500 - 11,700 for the Dow Jones Industrial Index. Given consideratino from where we came from in the last Bull Market SB […]

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