W.C. Varones

Someday the mountain might get him but the law never will

11.24.2009

Armageddon Watch

The FDIC is bankrupt.

The Sacramento Bee's primary political columnist says California will default on its debts.

The New York Times says America's option-ARM is about to reset.

23% of homedebtors owe more than their houses are worth.

Gold hits yet another new high.

Nine months after Obama's porkulus package, we're still way above the 8% unemployment he promised we wouldn't see. In totally unrelated news, Obama's approval ratings hit yet another new low today.
By W.C. Varones - November 24, 2009

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