Jackson Jambalaya

Another indicator that the wheels are coming off.

I'm sure the significance of UT's move is lost on Bugle readers, the interns there and the feeders at Jackustan's TIF taxpayer backed trough downtown.

Paper gold won't be worth nuthin' when the shit of America's massive currency devaluation hits the fan.

In other words, the Chicago Fed finds that the inflation fears of know-nothing economists are misplaced, and that raising rates to quell inflation is at the very least unnecessary.

... And what's with "commi" for my verification? Ya got it pegged to my IP address? Is "pinko" next? ;)

Interesting article KF. The Federal Reserves are usually the best source of information...for example, the Dallas Reserve predicted the housing/sub-prime loan crisis long before it was noticed by anyone else.
But,the line from a previous article you posted...I can't eat an IPod...resonates.
No question there are " bargains" in the market place and rising costs are not widespread. It raises questions about the opportunistic nature of oil costs... the predictable cycle of rise and fall, the reactionary nature to world events BEFORE the actual impact on supply, the ability to use rising oil costs as an excuse to raise prices beyond the actual increased cost . In short, I wonder if supply and demand is as much of a determinant as it use to be. For one thing, demand is now predictable...the oil companies know that demand increases in vacation months and rather than increase the refining to meet demand, they raise prices instead and have for decades regardless of world events and availability of crude or the increase level of demand each year. One cannot connect the dots...fluctuation in consumer demand doesn't result in a similar fluctuation in price, the prices increases in the same range each year and more when there's a "fear factor".