Europe
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We have all heard the phrase “corporations are people,” either stated in earnest as a reading of the law (corporations are people in that they are independent entities, pay taxes, have rights to due process, and of course, the right to free speech) or stated ironically as ammunition for our friends on the Left. But…
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I was at Budapest-Keleti this morning for one of my weekend trips out of town, and I had a couple minutes to kill before boarding so I pulled out my current book, Catch-22 (I know, I haven’t read it yet). Reading about Yossarian and his zany flight squadron while waiting for a train, I had…
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Saw the news today on Spain’s bailout. The market seems to favor this news. I don’t see how it can. We’re about to see the biggest market correction since the 30’s. And you thought 2008 was bad. There’s a very simple principle at play here. The more you borrow, the more you owe. If you…
brian mayer 