Tuesday, October 26, 2010

Gonzalo Lira Makes a Call

Well, these are some bold predictions by Gonzalo Lira. Let's track them and see how it goes. But if it goes this way...

2010-10-26: Economics Isn’t a Dismal Science—It’s an Ersatz Religion
This will bring hyperinflation by December 2011; severe social disruption starting in Q3 of 2011 and accelerating through Q4, before really exploding in Q2 of 2012; the dissolution of the European Union by December of 2012; and very likely—insane as it might now sound—a de facto dictatorship in the United States.

Monday, October 11, 2010

Chris Dodd, Racketeer Lawman

Chris Dodd, Part 3, Part 2, Part 1
Senator D-Connecticut

Let me see if I understand this...

Chris Dodd, saviour of the US Citizen Consumer, is responsible for hearings on the foreclosure racketeering.

Chris Dodd, friend of Angelo Mozilo, is responsible for hearings on the flawed mortgage paperwork.

Chris Dodd, friend of Fannie and Freddie, is responsible for bringing the criminal banks to justice.

Just checking.

2010-10-09: Up to 40 states plan inquiry into foreclosure data
WASHINGTON – The attorneys general of up to 40 states plan to announce soon a joint investigation into banks' use of flawed foreclosure paperwork.
And Sen. Christopher Dodd, D-Conn., the chairman of the Senate Banking Committee, said he would hold a hearing on the issue next month.