Stimulus

The Big Con

There’s a scene in the movie Die Hard with a Vengeance where John McClane (Bruce Willis) finally catches on to the fact that the bomb-scare scavenger hunt he and the NYPD have been sent on is only a distraction, a ruse to cover up the real crime – a heist of the Federal Reserve‘s gold bullion…

German Sex Bailout

German whores need stimulus, too. I know, I know…too provocative an opening sentence.  I learned that from Rupert, you’re lucky that wasn’t the title. From Reuters: In Germany…one of the few countries where prostitution is legal, and unusually transparent, the industry has responded with an economic stimulus package of its own: modern marketing tools, rebates…

Items That Almost Made the Stimulus Bill

With almost a trillion dollars up for grabs, congressmen and women from every state took the opportunity to shove through some of their constituents’ pet projects they’ve been sitting on for years.  Yes, the bill is pretty bloated, and many of the items have nothing to do with current economic stimulus. Unfortunately, there were some fairly…

Missed the Gold Rally? Now What?

Gold hit a 7 month high today, breaking $960 an ounce. The fear trade is very much alive as companies worldwide cocur that we have a FUBAR economy and probably will for awhile. On top of that, Count Porkula signed the stimulus bill into law this afternoon which basically authorizes the mass dilution and devaluation of the dollar. This in the hopes that a bullet train from Vegas to Disneyland and the building of a Frisbee golf park (not joking) will be stimulative enough to offset the economic Armageddon in our midst.