Privacy? Think again

Late Friday evening the Wall Street Journal ran what I consider to be a shocking report.  Many of the largest websites are installing super sophisticated tracking software to micro-track your web browsing.  These sites include the likes of Google, MSN, Comcast.net.,...

Second Quarter 2010 U.S. GDP

This morning the U.S. Commerce Department stated that the U.S. economy grew 2.4% in the second quarter.  That compares to an expected growth of 2.5%.  The 2.4% growth compares to an upwardly revised first quarter GDP growth of 3.7% – so the economy’s...

Mischief in China

If you have followed the blog for awhile you know that I have alluded to the fact that the Chinese economy is structurally unsound many times.  The reason is that its economy is not run for profitability, but for full employment.  If the single-party Communists...

Latest economic data tells us not much

You may have noticed that I have not been posting as frequently to the blog of late.  The reason is that the economy has remained in a consistent pattern of slow revenue growth, slightly faster profit growth, and hovering unemployment data.  There was a moment heading...

Stress tests for European banks completed

Stock markets started collapsing at the beginning of May after investors suddenly started paying attention to the debt crisis that was plaguing European banks.  Specifically those rascally Greeks sent folks into fear paroxysms.  As a part of calming investor stomachs...