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The Implode-o-Meter staff account: our in-house commentary and compilation of news.

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Chase’s Predatory Credit Card Behavior Shows How Consumer Ire Is Deserved

A recent anecdote involving Chase has shows how the big banks really have little call to be surprised when consumers generally hate them. This goes far beyond fees: there is just the general sense that all customers are mere “potential marks” for predatory behavior…

13Mar2012 | | 8 comments | Continued
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Dr. Bernankestein’s Latest Mad Monster Creation

How well will Bernanke’s new “sterilized QE” idea work to support the bond market while reigning in inflation? Not well at all. Let us count the ways (and the unintended consequences)…

7Mar2012 | | 0 comments | Continued
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Buffet vs. Gold: What’s Next, Soros vs. Indoor Plumbing?

Warren Buffett talks a lot about gold, and isn’t very kind to the “metal of kings.” But we suggest here he is missing the obvious nature of the true value of gold to society. Perhaps, as Buffett famously “doesn’t understand” tech companies, he doesn’t understand the “externality” value of “public utilities…”

27Feb2012 | | 1 comment | Continued
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Hedge funds gain 1.27% in January / Best month for event-driven funds

Event-driven funds were the best performers globally with a gain of 3.54% in January. This is the strategy’s best performing month in the history of the HedgeFund Intelligence database, which began collecting data in 1998.

7Feb2012 | | 0 comments | Continued
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“Trading Commodities Bankruptcies”

I just watched “Trading Places” for the first time in a long time yesterday, and couldn’t resist…

31Jan2012 | | 2 comments | Continued
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“Corporate Personhood” Highlights Misunderstanding of The Role of The People vs Constitutional Government

More local control of government and the economy is good, but Constitutional government is not to blame for our ills, including Citizen’s United and “corporate personhood.”

23Jan2012 | | 1 comment | Continued
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The Fed’s Sleazy Idea Of “Transparency”

Don’t believe the propaganda — whenever the Fed offers “more transparency”, they are only looking to twist the knife in Main Street’s back further. Their latest announcement about publishing “interest rate projections” is no different…

6Jan2012 | | 6 comments | Continued
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Is The Gold Bull “For Real?”

For those not following closely, gold just put in its 11th consecutive yearly price increase, with an approximately 14% rise on the calendar year… but you probably haven’t heard of it. In fact, you probably think that “gold is going down”, based on what you’ve heard in the media recently (if not continuously for the past 5 years or so). An interesting question then remains: why has this disconnect occurred?

4Jan2012 | | 5 comments | Continued
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Ron Paul Should Ask When CNN Will “Return All Money” Made From Piers Morgan Show

After seeing CNN’s attempt at tarring and feathering Ron Paul with creative editing regarding “newslettergate”, we thought maybe the Paul campaign should look into CNN’s own lapses in editing and staffing. It isn’t hard to find some…

27Dec2011 | | 0 comments | Continued
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Payroll Tax Deal Is Middle Class Tax Hike, Fannie/Freddie Perma-Nationalization In Drag

Count on Washington to always find a sleazy, back-door path to forge a reprehensible bi-partisan “deal” that actually screws the people rather than helps them.

26Dec2011 | | 3 comments | Continued