Union Group Mobilizes "Against" Pay Hike

In what may be a first (otherwise an extreme rarity), a substantial force within a union has mobilized against a pay hike to $9.00 per hour ...

Beggar Thy Taxpayer: Currency Wars, QE Strain Life Insurers and Pension Plans; Negative Returns With 4-7% Promises

I received an interesting email on Saturday from Bob Hoye at Institutional Advisors regarding "Currency Wars". Bob writes ... Cur...

Farmers Walk Away From Leases Due to Plunging Grain Prices

Walking Away Farmer Style The price of corn is at a price seen in late 2006, wheat late 2005, and soybeans 2004. Land prices, lease prices...

Google Chrome Approaching World Domination?

A few moments ago a reader was having difficulty with an ad on my blog. I occasionally get complaints, and most of the recent ones involve n...

Tspiras Claims to have "Won a Battle, Not the War"; Greece to Combat Tax Evasion; Illusion Shattered; Another Bailout?

On Friday, Prime Minister Alexis Tsipras backed down on nearly every promise made to the Greek electorate except one, to stay on the euro. A...

"Prepare for Full-Scale War" says Ukraine Deputy Foreign Minister: "With What?" asks Mish; Ukraine Lie of the Day

I have been sitting on close to a dozen videos describing the massive damage in military equipment in the latest separatist surge. For a des...

Lacy Hunt on Financial Repression; Deleveraging Not

In another of his series on Financial Repression, Gordon Long of Market Research and Analytics interviewed Dr. Lacy Hunt, Executive Vice Pre...

Bailout Blueprint: Deal or Capitulation? ECB Prepares for a Greece Exit from Euro Zone

Bailout Blueprint: Deal, Capitulation, or Neither? At the 12th hour Finance Chiefs Draw Up Greek Bailout Blueprint . Negotiations led by Je...

Spotlight Japan: Inflation Barely Positive, Consumer Spending Down, Exports Up, Growth Slowing; Record Streak of Bad Weather

Inquiring minds are looking at the latest inflation reports from Japan for clues in the success or failure of Abenomics and prime minister S...

Survival by Coercion: No-Confidence Vote in France Fails; Rules of the Game Show Wasted Opportunity by Hollande

No-Confidence Vote in France Fails French President Francois Hollande took an unusual step on Tuesday of passing a law by decree, with no pa...

NSA Hacks Into SIM Card Makers Giving US and UK Criminals Access to Millions of Cell Phones

The Great SIM Heist I have a simple question: Why is it a crime for someone to hack into Sony, Target, weather stations, etc., but not a cri...

Debaltsevsky Under Rebel Control, Boiler Remains; What's Next?

More details show the alleged " orderly retreat " of Debaltsevsky by Ukrainian forces was anything but orderly. Now that the city ...

Head-On Collision: Germany Rejects Greece "Trojan Horse"; Slovakia Rules Out Further Aid

Today the eurogroup finance ministers rejected Syriza's request for a bridge loan to work things out. Germany upped the ante, calling Gr...

Fulfilled Mission; You Can't Always Get What You Want; Watching Ice Melt at 33 Degrees

Reader Comments Reader Bradley writes ... "Why are you wasting time with Ukraine? It does not matter from an economic standpoint one wa...