Yes, I know. The latest spin being presented by those who led us into this malaise is that the recent spate of weak news is only a “transition”. Things, they tell us, are about to get going again. Perk up everyone, these doldrums are entirely in your mind. How seasonal. Bernanke and his ilk must […]

Sorry, but I need to sound off on this. I am tired of economists, policy makers, and others mentioning markets. As in “let the market decide” or “we should let the market heal itself.” Enough. A market is nothing more than a group of people transacting together. People. As in us. We the people. Markets […]