Friday pussy - pre holiday edition

Wholesale prices drop for the third straight month in a row.

Not buying that (pun intended). Aside from a few items at the grocery store that have gone down in price most items have gone up. Gas is down maybe 70 cents from what it was a year ago. The Fed keeps buying our debt like there was a fire sale in order to keep the banks afloat. So let's face facts, we're screwed. Might as well eat drink and feel merry because when merry leaves we'll have to jump for joy and joy isn't all that good looking :-) .

Let's face facts. The only way out of this economic mess is to raise taxes on the well to do and get back to work on one of the biggest remodels the world has ever seen. It's a wonder the Caymans hasn't sunk into the ocean from all those off shore accounts although that loot is only ones and zeros in a computer. Hell the Swiss could make a ski jump out of world currency and have plenty left over. Stop being so greedy.

And what report here would be complete without a jab at the right wing or as you could call it the wrong wing. If you thought the Grinch was gone or had a change of heart think again. The right must have watched the movie in reverse and magically the Grinch's heart shrank to pea size. So I guess Boner is starting to get flack from his Wall Street backers as he's now on board with getting something done. But don't be fooled, this does little for the little people other than saddle them with airport fees and cuts to their pensions. Those that are unemployed be damned and just where did you hide that jobs bill you spoke of so often John? More tax cuts to your big donors doesn't cut it. Oh! That's right I hear coal is quite cheap now.

Sorry for the light postings but some computer grinches of my own have been bugging me. Kindly keep your NSA paws off my computer. 

Bank fails later...
UPDATE: One bank failed this week in Texas.