Moron | InvestmentWatch

REPORT: Kelley emails say Petraeus, Allen asked her to stop shock jock from ‘deep-Frying’ Koran

In March 2012, a Tampa shock jock called Bubba the Love Sponge announced he was going to “deep fat fry” a Koran as a stunt.

Tampa socialite Jill Kelley wrote the city’s mayor saying that then CIA Director David Petraeus and the top commander in Afghanistan, Gen. John Allen, had asked her about “getting this dealt with.”

Tampa Mayor Bob Buckhorn responded that the city was “working on it,” according to email correspondence released by his [...]

The innovation increases productivity, which drives rising living standards and growth for everyone

A worker is paid $8/hour to stack food on shelves in a supermarket, say Wal-Mart. The business makes $8.25/hour off the worker’s work. If the minimum wage goes up to $8.50/hour, Wal-Mart can no longer afford this person and they go unemployed. Thus, unemployment rises with the minimum wage, or so we hear.

But we don’t see that happen in the real world so often. Why? Because $0.25/hour of surplus value for [...]

Michele Bachmann gets note from doctor to be president

Well, this should settle migrainegate:

As the doctor makes clear in his note, yes, sometimes Michele Bachmann suffers from migraines. She takes medication. It’s not a big deal, and she is “overall in good health.”

And besides, since when is a presidential candidate’s health a matter of public concern? It didn’t really matter back in 2008, when Sen. John “Older than dirt” McCain picked America’s Top Moron to [...]

SPROTT SAYS GOLD IS NOW THE WORLD’S RESERVE CURRENCY

by ZH

Eric Sprott making headlines in Vegas:

* SPROTT SAYS GOLD IS NOW THE WORLD’S RESERVE CURRENCY
* SPROTT SAYS SILVER WAS `MANIPULATED’ DOWN IN PRICE
* SPROTT SAYS PEOPLE IN IRELAND, GREECE ALREADY FLEEING BANKS
* SPROTT SAYS SAVERS WILL FLEE BANKS TO PUT MONEY INTO GOLD

Naturally he will be called a nutjob and a tin foil-hat [...]

HOWARD DAVIDOWITZ: Obama Doesn’t Have A Clue — Here’s How I Would Fix The Country If I Were President

by Henry Blodget

When companies get into financial trouble, they usually fire current management, analyze and streamline their operations, and restructure their debts.

America is currently in financial trouble, but the only step in the turnaround process that we seem to be capable of taking is firing current management (see the recent midterm elections). After that, it’s just finger-pointing and bloviating [...]

From the other side of the silver coin… Interview on BNN yesterday with John Nadler.

by DavidPierre

The guy made not a single statement honestly. He came out with all the usual weak analysis that is the hallmark of the bears, including the ‘poor fundamentals’ for silver, the ‘crowded trade’ for gold, and the laughable concept that the FED would curtail further QE stimulus and therefore the risk levels would diminish.

He even stated that silver was more for a trade and that [...]

The answer is simple: stop bloody printing!

by Zh

After months of US bitching and moaning about China’s so called unfair exchange policies, when it is the US Fed which is the biggest currency manipulator in the world by orders of magnitude, one country finally had the guts to stand up and call out Tim Geithner on his endless bullshit. At the G-20 meeting, per Bloomberg, German Economic Minister Rainer Bruederle said that the [...]

We ran out our string, and now it’s time to spend less, save more, work harder and stop whining about how “unfair” it all is…

by Green Zulu

Whatever else Americans are, or are not, I’ve always found the majority to be very fair minded. I find it astonishing to read so frequently that “Obama” and his “socialist programs” have ruined the country.

I voted for Ford, for Reagan, for Bush 1, for Bush 2, and I probably voted for Nixon, but who remembers the 70s? But Obama has not [...]

Bruce: I applaud your positive take and wanting to get this mess fixed.

46 of 50 states are in a dire financial mess. CA is Greece and many others are having their credit default spreads blow out. Since the states can’t print all they will be able to do is go to the Fed gov with their hat in hand and beg. What will the Fed govt do? Counterfeit aka print. Just like the EU.

Greece x 50. ‘Fugetabout’ the local government fixing our [...]

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