I have a feeling we’re not on the kibbutz anymore

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Die neue globale Währung: Beef Jerky (the BIS is backed by Beef Jerky)

Der Finanzminister der Schweiz, Hans-Rudolf Merz, bekommt im Parlament der Alpenrepublik, der Bundesversammlung, einen Lachanfall, als er auf Probleme beim Import von Trockenfleisch zu sprechen bekommt. Ein Amerikaner in Paris hat dazu eine deliziöse Erklärung. More

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A Graphic Peek Into Our Economic Future

The Consumer Metrics Institute (CMI) is, in my eyes, very useful, and different from others, in that it tracks the behavior and spending habits of consumers, who make up 70% of US GDP, today, and updates its data on a daily basis. More

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McDonald’s May End Health Care Benefits For 30,000 Workers

McDonald’s has threatened to terminate health benefits for almost 30,000 hourly workers if the government doesn’t give the corporation a pass on a provision of this year’s health care legislation, the Wall Street Journal reports. More

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In case you still don’t ‘get’ why the U.S. is still in Afghanistan . . .

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“All Hell Could Break Loose” As Central Banks Step Up Purchase Of Rival Nation’s Bonds

Just think for a moment about the screwy times we live in when central banks are trying to hurt their rivals by buying up their rivals’ bonds — essentially lending them money. More

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Will cost of Allied Irish bailout end up equalling Ireland’s entire GDP? (it’s already heading to 60%)

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Fearing retribution from angry Americans that he’s f***** unmercifully, Lloyd Blankfein set to do a runner and flee the U.S.

Lloyd Blankfein of Goldman Sachs today said, “Operations can be moved globally and capital [i.e., America's savings and pension accounts] can be accessed globally.” More

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Email from New Zealand

“Max, this is a story from NZ’s biggest paper, one of our countries best-read economics writers is pretty much saying what you’ve been saying for years … but at least it’s getting into the mainstream now!”

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Osama’s Dream Congress

MK: As I’ve been saying on the “Keiser Report,” America is finishing the job Osama started by committing suicide on a daily basis. Destroying Net Neutrality on purpose is exactly how to ensure America’s competitiveness continues to collapse.

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