MAULDIN: Germany Has Waved The White Flag And Will Allow Printing And Inflation

MAULDIN: Germany Has Waved The White Flag And Will Allow Printing And Inflation John Mauldin, Thoughts From The Frontline May 12, 2012, 5:39 PM A common mistake that people make when trying to design something completely foolproof is to underestimate the ingenuity of complete fools. - Douglas Adams, The Hitchhiker's Guide to the Galaxy(Adams must have been a poor designer, a good designer designs for complete fools.) For quite some time in this letter I have been making the case that for the eurozone to survive, the European Central Bank would have to print more money than any of us...

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(Activist) Obama Calls for 'Common-Sense Policies' to Move Economy

Obama Calls for 'Common-Sense Policies' to Move EconomyBy Devin Dwyer | ABC News – 16 hrs ago Continuing to cast himself as an activist president defying slim odds for election-year legislative compromises, President Obama in his weekly address pushes "a few common-sense policies that would make a difference" with the economy. "There are things we can do - right now - to help create jobs and restore some of the financial security that so many families have lost," Obama says. The list of initiatives - which the White House has billed as Congress' "To-Do list" - includes elimination of tax...

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ECRI Update: Reaffirming The Recession Call ... Again

ECRI Update: Reaffirming The Recession Call ... Again Advisor Perspectives (dshort.com) By Doug Short March 11, 2012 The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) is now at 0.1 as reported in today's public release of the data through May 4. This is essentially unchanged from last week. However, the underlying WLI again rose fractionally from an adjusted 124.6 to 125.4 (see the fourth chart below). ECRI Reaffirms it's the Recession Call ... Again The big news this week, however, is not the weekly data update but ECRI's latest reaffirmation of its recession call...

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Where does government control of the economy lead? (Historical long-term unemployment)

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The Economy Is a Moral Issue

Rick Santorum endorses Mitt Romney, the man he once described as the "worst Republican in the country to put up against Barack Obama." The presumptive nominee impressed the former senator from Pennsylvania with his "deep understanding" of the connection between social and economic issues. If the endorsement was neither surprising nor resounding, it's probably good enough to begin uniting the social conservatives for a tough campaign ahead. A thermometer stuck into the bubble of rhetoric over Santorum's head would reveal the air as pretty tepid, but the white-hot anger that drove the Santorum campaign was gone. Santorum said his meeting...

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