“Leadership” or Lack Thereof

Recently in the United States we’ve heard news that the IRS (Internal Revenue Service) is guilty of discriminating against conservative “non-profit” or not-for-profit entities.  Any group with the name “Patriot” or “Tea Party” in their name was immediately held as suspect and the IRS in essence dragged their feet in terms of granting them a…

German Factory Orders UP, US Down

On Tuesday morning at 6 AM EST German Factory Order numbers were released that showed a plus 4 percent gain month over month.  Yet last Friday, May 5th US Factory orders were released that showed a negative 4 percent growth rate month over month.  Yesterday, German Industrial Production showed a gain of 1.2%.  Now it’s…