January 30, 2009 Dear Reader, Like most people, I occasionally find myself overwhelmed by the tasks involved with everyday life. This week, I have been, to use the old adage, "working like a dog." Though, now that I think about it, I have a hard time imagining the origin of the term. Even in...
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The Room
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David Galland
on
01-30-2009
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Filed under: Interest Rates, Subprime Loans, Gold, Housing Crisis, Casey Research, David Galland, Obama, Foreclosures, Mortgages, FHA, Afghanistan, Stimulus
October 10, 2008 Dear, Dear Reader, In last week's edition of this meandering missive, I mused as follows... "What, I wonder, will the government do when next week, or the week after maybe, the U.S. stock market takes another header for 500 points? Stay tuned. Meanwhile, gold is at $826, down...
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The Room
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David Galland
on
10-10-2008
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Filed under: Credit Crisis, Subprime Loans, Gold, Depression, The Fed, McCain, Obama, Deficit, Bailout, Bud Conrad, British Pound, LIBOR, Iceland, Fascism
September 19, 2008 Dear Readers, Hi, I am Olivier Garret, this week’s editor of The Room. What a rough week out there. My mind wanders as I drive at a crawl (I am not known to be a patient driver) behind a car full of “leaf peepers,” as Vermonters affectionately call the tourists who invade our state...
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The Room
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David Galland
on
09-22-2008
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Filed under: Subprime Loans, commodities, Gold, Ben Bernanke, Recession, China, Fannie Mae, Freddie Mac, Henry Paulson, Bud Conrad, Poland, AIG, Panama
Dear Reader , I am writing to you in the pre-dawn from a soft chair in a Starbucks in Scottsdale, a vast improvement over the small desk in the cluttered toy room that I usually write you from on Fridays. 16 inches from my left hand is a "vente" (in the Starbucks' nomenclature, that means...
Dear Reader , It used to be of no little pride in the small New England town where Casey Research is headquartered that school went forward, no matter the weather. Hail, 8-foot-high snow drifts, ice rain and, should they have occurred hereabouts (which they didn't), I am fairly sure that even hurricanes...
Dear Readers, Good morning! And welcome to this edition of The Room! If that salutation suggests a certain snap in my step, well, you'd be right. After all, one can't let one's attitude be overly colored by the gloom and pessimism now stalking the land. No, this is America... or, at least...
Posted to
The Room
by
David Galland
on
02-11-2008
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Filed under: Health Care, Housing Bubble, Hillary Clinton, Economy, Natural Gas, Interest Rates, International Speculator, Futures Market, Presidential Race, Credit Crisis, Politics, Subprime Loans