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Monday
Apr112011

Donald Trump Proposes 10% Tax On The Rich To Pay Off U.S. National Debt

Monday
Apr112011

HEL Fire Laser: Presenting A Somali Pirate's Nightmare

Video - Maritime Laser Test - April 8, 2011

The Office of Naval Research and their industry partner Northrop Grumman successfully disable a small target vessel using a solid-state, high-energy laser (HEL), mounted onto the deck of the Navy's self-defense test ship, the former USS Paul Foster (DD 964).

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Monday
Apr112011

Former IMF Director: "Ireland Will Need Another Bailout"

Monday
Apr112011

On the 50th anniversary of the Bay of Pigs, lessons in presidential humility

Outstanding short piece from Jon Meacham.

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Monday
Apr112011

The Battle Over Medicare And Medicaid

Sunday
Apr102011

Economists Hayek Vs. Keynes: A Hip Hop Battle (Video)

Saturday
Apr092011

Iceland Does It Again! Icesave Repayment Scheme Rejected

Friday
Apr082011

Bernie Sanders On What Banking Should Be: "It's Clear Bernanke's Magic Money Printing Is Working, It's Just Unclear For Whom"

A Real Jaw Dropper at the Federal Reserve

By Senator Bernie Sanders

At a Senate Budget Committee hearing in 2009, I asked Fed Chairman Ben Bernanke to tell the American people the names of the financial institutions that received an unprecedented backdoor bailout from the Federal Reserve, how much they received, and the exact terms of this assistance.  He refused.

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Friday
Apr082011

Site Housekeeping - Daily Bail Is Taking A Day Off

It was probably an accident.  Please try to maintain your composure.

We will resume normal posting later today.

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Thursday
Apr072011

Video: Highlighting The Importance Of Agility When Avoiding Bahrain SUVs Trying To Kill You

Thursday
Apr072011

CHART: U.S. National Debt With GOP Cuts & Without

Thursday
Apr072011

Bill Gross: "Treasuries Have Little Value Given Our $75 Trillion National Debt; We Are Out-Greeking The Greeks"

Thursday
Apr072011

Marc Faber Expects QE3 From Fed 'But Not Right Away'

Video - Marc Faber on Bloomberg - March 30, 2011

Marc Faber, publisher of the Gloom, Boom & Doom report, talks about the outlook for a third round of quantitative easing from the Federal Reserve, his investment strategy and the outlook for global stock and commodity markets.

00:00 Printing money is "big error" by governments.
02:00 Fed's quantitative easing; economic recovery
04:27 Correlation between equities and commodities
06:17 Emerging markets growth, Mexico's economy
10:14 Need for U.S. to "sacrifice"
12:04 "A market is designed to go up and down."
12:47 Investment strategy; Fed policy; gold prices

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Thursday
Apr072011

What Would Happen If The U.S. Lost It's AAA Rating?