Reality Check continued

The Federal Reserve is in defensive mode. Let's hope it stays there.... keep reading

Hardly anyone likes to read poetry. Poetry magazines have to be subsidized by poetry lovers. But if poetry is done badly enough -- pure doggerel -- people like it. That's why I write it once in a while.... keep reading

Tempted to send a critical email to a stranger who has written something really stupid. Resist the temptation. Instead, do this.... keep reading

Rich suckers line up. There will be fewer of them in a decade.... keep reading

Nobody can kill all the black swans. The government is not willing to kill the institution that makes black swans so dangerous: the central bank.... keep reading

The bigger they are... keep reading

The central bankers are making a major power grab. Their main opponehts: central bankers.... keep reading

Is the agency that bails out too big to fail banks also vulnerable?... keep reading

A monumental change has taken place in Americans' thinking -- a change for the worse.... keep reading

Some problems have no solutions that most people are willing to pay. The remnant must solve them for themselves. This will be resented.... keep reading

They'll all go together when they go.... keep reading

What we can expect this fall, and what not.... keep reading

I don't think this is likely.... keep reading

Why do investors by U.S. Treasury debt? Because there is so much of it. Does this make sense? Not if you're sober.... keep reading

This is the condition on Europe's governments.... keep reading

This has been a full-scale war for over 40 years. It will end only when the paper goes belly-up because the Internet has killed it.... keep reading