Chris Whalen: Great Rant About FDR’s Facism & The Forgotten Founders

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Here’s an A+ rant from analyst and market observer Chris Whalen, who won a lot of respect from me in this bit when he referred to FDR as a fascist.  He’s also got a great line (and point) at the end about the forgotten capitalist legacy of our country’s founders (made me wonder if Ron […]

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American consumer spending is a funny thing.  For years, throughout much of the 00’s, we watched in amazements as the US consumer went on the greatest spending binge in the history of Planet Earth. First, we spent all the money we had.  Then, we spent all the money we didn’t have.  We borrowed against our […]

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