Why doesn't Obama give it to the UAW? Or maybe Michael Moore?

Oh wait he already did , when he gave them GM.
I feel badly for the Saturn workers who probably had gotten their hopes up. 

GM to Wind Down Saturn Brand After Penske Halts Talks

EU starts its takeover play on Britain.

The bureaucrats in Brussells begin to consolidate their power and London financiers start to bristle.(finally)
from Bloomberg:

London Bankers Balk at EU Regulation as Lea Invokes Secession

Britain needs to get itself out of the EU pronto. The Aristocracy in Europe continues to try to reconstruct itself under the guise of EU bureaucracy working for the good of the people. At least the common street thug has the decency not to claim he is robbing you for your own good.

Donald Coxe commentary

Mr. Coxe holds forth.

William Hester has a terrific article too.

A very interesting article with some good charts from William Hester at Hussman Funds.  So does Mr. Hussman.
Both of these articles raise some concerns and provide unusual graphix to ilustrate.

Jeff Saut's Weekly and a very good one at that.

“Do you have the mental fortitude to accept huge gains?”

 

Don Coxe on friday 9-18

Mr. Coxe on friday and the dollar.

9/11

I did not post on nine eleven because I could not seem to gather my thoughts into the proper words. But I found someone to gathe them for me. The following words are lifted entirely from the site PRACTICAL PABLUM :
Friday, September 11, 2009

Life Goes On

It has occurred to me today that the basic tenet that life goes on, can also be the most depressing. That people who remain behind will always return to the business of living, while those who are lost never can. It sometimes seems unjust to allow the sharpness of immediate sorrow be soothed by time into a simple echo. Is the hole any less empty? Are our loved ones any less important once removed from our lives for a week, a year, a decade? They are not. Yet life goes on. And it is comforting to know that the pain will fade away, that life will return where at one point there was only devastation; we are hurt, we mourn, we move on. The world continues turning regardless of who is on or underneath its soil, and it is okay that our grief resolves into memories of what once was; tales brought out on anniversaries and special occasions. But coping should never evolve into complacency. On 9/11/01, the United States was united like it hadn’t been for decades. Our mettle and strength, so long scorned and doubted by the rest of the world, was proven as we stiffened our backbones and vowed to never again tolerate such an attack on our homes, our people or our way of life. Together we suffered, and together we supported those who had lost more than just their sense of security. The mothers, father, sisters, brothers, sons and daughters lost belonged to all of us, and we were better for having known them, and stronger for having lost them. More resolute. But life goes on. Petty differences and partisan politics can only be dismissed for so long, and the months of determination and solidarity dissolve back into day to day selfishness and routine. We forgot our newfound union in the heat of bickering and childishness. And there are still things to be fixed. Health care, the economy and environment are all still issues that need tackling. Issues that need our attention with the full weight of our power as a nation behind it. Regardless of our shortcomings, this is still the greatest country on Earth, and if we are capable of picking up the pieces after 9/11, we are capable of turning complacency to compromise. The enemies are not on the other side of the argument. They are still out there, and they still wish us harm. On this day eight years ago, nearly three THOUSAND people died on American soil, and we responded by standing together, and working together as individuals, as patriots, as family. I remember where I was on that day. We all do. And we should all take a moment to reflect on where we are now. Where are we today, eight years later, and where are we going? How are we insuring that we will be safe when we arrive? The memory of September 11th should not solely be one of reflection – it should serve as inspiration that there is no problem so great or horror unimaginable that we cannot recover. We are stronger than we know, and more similar than we think. We are American. Today we reminisce about the day that changed the world, and celebrate our ability to improve what remains. So that life goes on.

Never forgive, never forget.

Bless everyone who lived and lost on September 11, 2001

Don Coxe weekly conference call for sept 11 2009

Mr. Coxe for today sept 11 2009.

Perhaps Netanyahu has a mistress in South America

JERUSALEM – Benjamin Netanyahu dropped out of sight for most of a day this week, a mysterious absence that has set off feverish speculation about what the Israeli leader was up to — and accusations he lied to cover up a clandestine trip to Moscow.

After initially issuing a vague statement about visiting a top-secret Mossad installation inside Israel, Netanyahu kept silent Thursday as reports emerged that he flew to Moscow aboard a private jet for urgent talks on Iran.

All of this is caused by speculation that Iran is very closed to achieving the full technology to make and deploy a nuclear weapon. Believe me none of us want that. Israel is being pushed to take action because of toothless diplomacy in Europe and the US. Iran is sworn to destroy Israel.

Donald Coxe conference call sept 4 2009

Mr. Coxe and his thoughts updated.

El Nino anyone?

From Bloomberg:

Starving Sea Lions May Herald ‘El Nino’ Arrival in the Americas

The El Nino effect, which is bringing warmer water to South American shores, seems to be driving away fish the mammals eat. Evidence of that is found in the autopsies of emaciated pups, said Walter Sielfeld, a professor of marine science at Arturo Prat University in Iquique, Chile, who examined the sea lions.

The warming trend is deepening the woes of Chile’s $4 billion fishing industry, already ravaged by a salmon virus that has hurt exporters. In the last 30 years, El Ninos have sparked deadly floods and landslides from Ecuador to California, drought in Africa, wildfires in Australia, causing billions of dollars in damage, according to the U.S. National Academy of Sciences.

A strong El Nino can effect any number of different commodities so this is a pertinent item.

Good Bye America a Swiss banker's reason for pulling out.

Commentary of Wegelin & Co the Swiss Bank that is pulling out from doing business in or investing in America. The comments present a very interesting view of the rapacious effort of the Obama administration and the IRS to take your money away from you. I suggest you read because the same behavior wil be coming your way locally soon. Good Bye America saved at SCRIBD.

Pop Go the Gold Gnomes!

Could Gold be telling us something is about to happen? Chart courtesy of www.Bloomberg.com