Tuesday April 21, 2009 dennis.elam@att.net We might as well as some fun on this blog as we examine the markets. One of our core beliefs is that social mood affects influences and drives the markets. And as they say history repeats. The 1966-1982 may well be THE best parallel in our lifetimes for what we are experiencing now. Janis died of a heroin overdose and the Beatles split up both in the year 1970, brace yourself for big change. Mercedes Benz lyrics
Oh Lord, won’t you buy me a Mercedes Benz ?
My friends all drive Porsches, I must make amends.
Worked hard all my lifetime, no help from my friends,
So Lord, won’t you buy me a Mercedes Benz ?
Oh Lord, won’t you buy me a color TV ?
Dialing For Dollars is trying to find me.
I wait for delivery each day until three,
So oh Lord, won’t you buy me a color TV ?
Oh Lord, won’t you buy me a night on the town ?
I’m counting on you, Lord, please don’t let me down.
Prove that you love me and buy the next round,
Oh Lord, won’t you buy me a night on the town ?
The Great Depression
Benjamin Roth: The Great Depression: A Diary
It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended
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November 2019
The View from Abroad
- National Post
Canada - Reuters
The Day's Top Stories - Straits Times
Singapore - Pravada
Moscow - Jerusalem Post
Jerusalem - Financial Times
London - Speigel Online
Frankfurt
Columnists - Thoughtful Reading
- Professor Tom Sowell
Perhaps the best mind in America - Ambrose Evans Pritchard of the Telegram
The real story from Across the Pond
Economic Sites and Blogs
- The Price of Everythning
Tim Price reflects on markets from 'across the Pond.' - Yahoo Finance
Still the go to site for market data and links to company profiles, websites, and financial statements. - Zero Hedge
Tyler Durden's site is harder edge than most, serious stuff. - Market Watch
The Wall Street Journal continuously updates with news and article links. - Business Insider
A sort of National Enquirer look at Business Around the World. - Mish's Global Economic Analysis
Mish Shedlock's economic analysis.
Reminiscences of a Stock Operator
Bought And Paid For
Robert Scheer: The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street
The former Editor of Ramparts takes on both parties and how they sold out to Wall Street that is even now partying and bonusing on their former mistakes.Charles Gasparino: Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street
How Wall Street Backed the Administration and Got What It Paid For
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April 21, 2009
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