So they'll either have to let Greece default, hammering lots of French and German banks that hold Greek debt, or buy even more bad Greek debt to let Greece dig itself deeper into a hole. When they faced the same choice last year, they chose the digging.
Read all about it at John Mauldin.
Body Count goes to Vegas! Ernest Scherer III was a Vegas loser who fancied himself a professional poker player. Doesn't that photo t...
UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a...
I talk a lot about inflation. But today was the first time in my life I actually used a dollar bill as toilet paper.