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Daily Archive for May 8th, 2012

It’s the _______ Stupid

Posted in Government Gone Wild on May 8th, 2012

Do Paul Krugman and his friends of the left really want to go back to the 1950s in terms of government policy? If they truly believe that, then I look forward to their endorsement of returning to the left hand side of every one of the charts from this report. Here is one illustration of […]

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Damn Speculators

Posted in Economic Illiteracy on May 8th, 2012

Right now the spot price of a barrel of crude oil is $99. The price of a future, for delivery in 4 years, is $89. You ARE all of course aware that “speculators” are as active in the market today as a few months ago when futures prices were well in advance of spot prices. […]

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