global glass onion

something of an order has evolved for these weekly posts; i usually start with the Fed, QE, monetary policy, inflation/deflation, GDP & economic outlook, the dollar, debt & deficits issues, fiscal policy and taxes; then finreg, banks, banksters & congress critters & what theyre up to, then the main street economy including CRE, foreclosures, housing, consumers, unemployment, inequality, state budgets, education, pensions, and health care issues; & near the end are global issues, including food, water, climate, energy and the environment, peak oil & resources, china and other non western countries, trade, and the european crisis...my earliest posts were just the links; now ive tried for a summary paragraph of each so you can usually just scroll thru without a lot of clicking...every sunday morning i email a less wonkish eclectic collection of selections & leftovers from this to about four dozen friends & contacts who are stuck with me...if you want a copy of this weeks, or want to be on my weekly mailing list, contact me..

note: a weekly "preview", noted as such, is usually up each friday afternoon; at least two edits with additional links are added before the weekly post is complete, at which time the "preview" heading is removed..

this blog's posts normally exceed capacity of RSS feeds; accordingly, to allow for notification of new posts, the settings have been adjusted to truncate the feed to the first paragraph only...

Bailout This!

The Obama Government: Take From the Poor and Give to the Rich

The Size of the Derivatives Bubble = $190K Per Person on Planet

Geithner's Hog-wallow: the US Treasury's Cash Giveaway Bonanza

World Depression: Regional Wars and the Decline of the US Empire

Credit Default Swaps; The Poison in the Financial System

737 U.S. Military Bases = Global Empire

the first global glass onion had its origin in late winter of 2009 on the marketwatch.com site when a number us who were commenting on the politics site there, fed up with the level of the banter there, formed a new discussion group led by "REALITYZONE"...

however, the marketwatch site proved to have its limitations, including censorship of topics and not allowing clickable external hyperlinks...so this is site is my attempt to take what i was doing there a step further, providing direct links to economics and news articles that i hope you all will find useful or interesting...

update: REALITY ZONE now has his own blog too...and we have a team blog here...

i recently encountered a PC running IE without tabs, and realized what a disadvantage using it that way is...

i have no clue as to how other browsers work, but if you're using IE7 or IE8 you should be using tabbed browsing, especially to save yourself several reloads of a page like this which you'd be linking from...to enable tabbed browsing, go to tools, then "internet options" and click "change how webpages are displayed in tabs"...then check "enable tabbed browsing" (this requires a restart to take effect) & btw, i have warnings, groups, and quick tabs enabled, and have popups set to also open in a new tab, rather than a new window...

with tabbed browsing, you can remain on this page and open those links that you want to read in adjacent tabs in the same window, without leaving this site...you do this by right clicking and then click "open in new tab" or simply by hovering over the link and pressing down on the middle mouse button (the scroll wheel)...those links will open in the same window without leaving this page, and you access them later by clicking each of those tabs right below your toolbar (each tab also has its separate 'X' to close it)...