Goldman Sachs Would Have Collapsed If Not For Henry Paulson.

The future cometh…Cash for bankers! Cash for Detroit’s clunkers! From one scam to the next…But first, let us turn to the latest market update.

A strong currency move Monday… RBA leaves rates unchanged…And moves bias to neutral…Central Bank warnings have no teeth! And Now… Today’s Pfennig!

Is it time to buy a house? Depends…

Do you remember this time last year? As spring turned to summer, energy prices were moving upward. By mid-July 2008, oil prices peaked at $147 per barrel. But as with Gen. Pickett and his famous charge at Gettysburg, that lofty level of $147 was the high-water mark for oil prices.

What’s new? Nothing much…Markets still moving up…

Bankruptcies, Depressions and Mark Stanford with his Argentine beauty.

A Collapse of Bond Prices Could Send Investors into Stocks.

There I was, surrounded by thousands of barrels of Kentucky’s finest — seemingly, enough bourbon to get every of-age taxpayer in the U.S. a little tipsy. By any stretch of the imagination, this place was paradise. Rolling hills as far as you could see and the air was thick with the smell of the latest batch. But even this paradise, hidden well in the confines of the Kentucky Bourbon Trail, was prey to Uncle Sam’s grubby little hands.

Dow, Oil and Gold all Doing Well.