No Wonder the Economy Isn't Improving | zero hedge
The Central Banks’ Central Bank (BIS) slammed the easy credit policy of the Fed and other central banks, the failure to regulate the shadow banking system, “the use of gimmicks and palliatives”, and said that anything other than (1) letting asset prices fall to their true market value, ….. In other words, what happens when informed people agree a hurricane is coming and there isn’t really any more point to debating the finer issues of where it will actually land? … read more…
Etiwan Pointe: Preparing for Hurricane Season
Permanent shutters are the best protection. A lower-cost approach is to put up plywood panels. Use 1/2 inch plywood – marine plywood is best – cut to fit each window. Remember to mark which board fits which window. … Insurance Program through your local insurance agent or emergency management office. There is normally a 30-day waiting period before a new policy becomes effective. Homeowners polices do not cover damage from the flooding that accompanies a hurricane. … read more…
Dissenting Times: Read it now: Climate Legislation: Shibboleth …
Our research shows that cap-and-trade would be a $1.9 trillion tax on businesses over eight years, more expensive than the Vietnam War, Hurricane Katrina or the New Deal. But taxing the different pillars of our economy individually would be just as economically suicidal. ….. On October 23rd, a reporter asked Speaker Nancy Pelosi (D-CA): “Madam Speaker, where specifically does the Constitution grant Congress the authority to enact an individual health insurance mandate? … read more…
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