CHESSNOID

There are 2 major MMA events this month.  The first one is another UFC which seems like they are on every week.  They seemed to have saturated their name brand so much that people just don’t get as excited about their events.  Even when it is free like last weekend with Kimbo and Roy Nelson.  [...]

This is very bearish news and if it proves to be true, I recommend preparing for the worse. We have only had 10% unemployment for 2 months officially, so if it maintains double digits for 5 years, things are going to be rough for everyone in every field.
According to Mike “Mish” Shedlock, he thinks [...]

This is the latest Meredith Whitney video I could find with her assessment on the current economy.  I have to agree with her.  She has been accurate with her previous forecasts and based on what she says here it looks like more bad news up ahead.  Her main examples of tight credit with credit cards [...]

I think the idea and the intent is good.  The execution is terrible.  I sincerely think Obama needs to surround himself with more hands-on result oriented people than academic professors on his economic team.  Bernanke (there is no recession),  Geithner (let’s give bonuses to the bailed out banks) , and Romer (approve the stimulus bill [...]