Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
‘Taper to Carry’ (T2C)… a Logical Chain
Below is the opening segment of this week’s edition of Notes From the Rabbit Hole (NFTRH 246). My friend’s request for a ‘simple’ road map ended up a bit wordy, but I think the chain is logical. (more…)
A Skeptical Public
I view the government like most other entities: it acts in its own best interests. To that end, I belive government will “spin” any data in the most favorable way possible.
The honest-to-God unemployment rate is probably 16%, but the ha-ha, USA Today-digestable rate that the government cites is 7.6%. I was on MarketWatch on Friday when I noticed they were running a little poll about today’s “good” report. I guess I’m not the only one with some skepticism (I’m particularly surprised since this poll is on MarketWatch, which is not typically a tinfoil hat zone): (more…)
Some Potential Winners And Losers If The Senate Immigration Bill Becomes Law
Gang Of Eight Disgorges Draft Immigration Bill
Early Wednesday morning, the so-called “Gang of Eight” — United States Senators Schumer, Flake, McCain, Menendez, Rubio, Graham, Bennett, and Durbin — released the text of their 844 page immigration bill. Among other provisions, the bill would give legal status and a pathway to citizenship to the estimated 11 million illegal aliens living in the United States. The Senate Judiciary Committee is scheduled to hold hearings on this bill Friday. If the bill passes the Senate and then the House of Representatives, and is signed into law by President Obama, it may have far-reaching consequences for the US economy. In this post, we’ll look at the potential political and economic impact if this bill becomes law, and then we’ll look at how it could affect a few specific companies. (more…)
Cypriot Butterfly, European Hurricane (by Bob Kudla)
Is the Cyprus bank deposit confiscation move the "butterfly flapping her wings which ultimately causes a worldwide hurricane"?
http://www.bbc.co.uk/news/world-europe-21814325
The Euro elite and the IMF sought to punish the horrendous bank lending practices of Cypriot Banks by taxing their depositors, and not make the owners of the banks take a haircut, in order for the government to get a bailout. Now if you are a depositor in Spain or Italy and you know a bailout is required, would you keep your money in a bank account?
