Sunday, September 27, 2009
Fund My Mutual Fund: Ron Paul with Dylan Ratigan: "Nice short interview by Dylan Ratigan (who escaped the vortex of CNBC) of Ron Paul. Looks like the Fed audit bill is really gaining steam - if you are for transparency you should be behind this bill. Obviously Tim Geithner is against transparency [Aug 26, 2009: Geithner - Auditing the Fed 'is a Line We Don't Want to Cross'] And the Federal Reserve doesn't want transparency - as expected they filed an appeal to disclosing what exactly it is doing, and whom it is doing it with after a successful Freedom of Information Act suit. [Aug 25, 2009: Court Orders Federal Reserve to Disclose Emergency Loan Details]"
Inflation a Risk Without Foreign Debt Buyers: Robertson - Economy * US * News * Story - CNBC.com:
"The US is too dependent on Japan and China buying up the country's debt and could face severe economic problems if that stops, Tiger Management founder and chairman Julian Robertson told CNBC.
'It's almost Armageddon if the Japanese and Chinese don't buy our debt,” Robertson said in an interview. 'I don't know where we could get the money. I think we've let ourselves get in a terrible situation and I think we ought to try and get out of it.'"
City Critic - GoMobo Makes Ordering Fast Food a Little Faster - NYTimes.com: "GoMobo’s motto is “Skip the line.” But in the current economic climate, fewer and fewer restaurants have lines. (Except for the infuriating Starbucks, which isn’t on GoMobo’s system.) And where lines do appear, as often as not they seem to be an attraction: the more people who want to go to Shake Shack, the more people who want to go to Shake Shack."