The Second Half of 2009 Kickoff: No recovery, No way, No how
by John Galt July 7, 2009 Instead of doing my Obamarket update for last week since it was just a hint of instability to come, I thought it would be better to address the “big” picture and let me sum it up in one photo: Yup, the first half was ugly. The second half, well, is going to be dog ugly. Every conceivable blunder or mistake that I feared the Federal government, the Federal Reserve, the states and the banksters could possibly commit, they found a way to do it. Let’s just c













