Spending, Inflation, data, hit – This story is written by the headline

Another headline, another day.
Patrick Lalande on WordPress
  Do you remember  ”Recession headline: Bears like sinking ships“?  Keep it in mind when you read the rest of this story.
I awoke from a fitful sleep to read a headline that pretty much says it all.
Spending, inflation data to hit Wall St.  I would add “this week”.

Interest rates drop – Recession dead ahead

Fed rate cut not enough to forestall recession or falling stock prices
Patrick Lalande on WordPress
The Fed interest rate cut is not enough to forestall a recession.  Think of it like this.
A big ship (the economy or the stock market) is full under way towards its next port of call (a growing, stable economy) when a storm (the sub-prime loan [...]

Taxes and hidden fees and poor whittled us

Taxes and hidden fees: Wheddle me this. 

Gotcha Capitalism is a new book by Bob Sullivan, author of MSNBC.com’s Red Tape Chronicles, in which he speaks about the little hidden fees that infest our capitalist system.  I brought up that book in a conversation with a friend of mine.  I was railing against hidden fees in [...]