Glide Path to Hell

I was thinking of writing something about the stupidity of those who scream INFLANTION!!!! at every turn when I heard this: “…that put our deficit on a glide path to more sustainable level…” from Timothy Geithner in an interview with Jeffrey Brown of PBS’s NewsHour on May 17, 2012. Glide path?  Excuse me, but what … Continue reading →

Yelling at the Heavens (on the futility of energy economic reporting)

I have no expectation that anyone else will ever read this, but I’ll feel better after writing it, so here goes. From many sources, finally the real story concerning rising fuel prices is coming out.  Rightly, the shutdown of oil refineries is receiving the much deserved blame for escalating prices at the pump.  Bill Saporito … Continue reading →