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Turbo Tax Timmy evades the question!

So, Tax evader Tim Geithner agreed to answer a question from Digg.com that was most voted by the site users. The question asked was “Why has the Federal Reserve bank never been audited?” […]

Bank Holiday rumors spreading

“LAST MINUTE MESSAGE: Reliable word that Bank of America branch managers just received a letter or memo from the USFed instructing them to perhaps be ready for a one-week universal shut-down of the banking system, including access to checking accounts, savings accounts and credit cards. Reliable word has it that BofA bank branches received a shipment of signs last week, reading “We’re sorry, but due to circumstances beyond our control, we cannot be open at this time.”” […]

A lot of resistance for the US Market

The US dollar is now gaining strength and we hope that this trend continues. This will be clearly a drag on the overall markets, specially emerging market and commodities. What we are hoping to happen is a 5% to 20% strengthening of the dollar in the next 6 to 9 months. This would result in commodity prices going down and hyperinflation will be kept in check. Unfortunately for the equity markets, this will most likely result in a 7.5 to 30% correction. […]