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Have You Seen This?

Have You Seen This?

  • The Room – 05/15/2009

    After a week of engaging in all manner of healthful activity, I am ready once again to tilt my lance against the armies of absurdity that assault the senses more or less constantly these days.

    This week, for instance, Alan Greenspan opined that the economy has bottomed, and the stock market actually rallied in response! It’s akin to Bernard Madoff announcing he is opening a new money management service from the secure facility where he now resides, and having investors rush all over themselves to hand him their money.

    Or how about these headlines......
  • The Room – 05/01/2009

    I am writing you in some haste this morning, fueled both by what may be an overdose of espresso and a general lack of sleep due to fulfilling my responsibilities as the managing editor of The Casey Report, the final copy deadline for which is inconveniently today.

    In the interest of not being discovered face down on my desk, a spilled cup of coffee dripping onto the floor, I'm going to take a few shortcuts in preparing this week’s edition of The Room. Namely, relying on other members of the Casey team, as well as our impressive ranks of correspondents, to fill in some holes. I think you'll be happy with the result.

    First, however, a quick word or two is in order about the Chrysler bankruptcy. In last week's edition of this somewhat manic missive, I opined that Chrysler’s bankruptcy was now both inevitable and imminent. Further, I wrote about the proceedings, which have the U.S. Treasury deeply involved in structuring the bankruptcy......