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# Three for Tuesday
- URL: https://thedailyeudemon.com/11870/
- Published: 2009-11-03T06:20:50.000Z
- Updated: 2009-11-03T06:20:50.000Z
- Author: Eric Scheske
- Tags: TWE, #wpChunk

![](https://storage.ghost.io/c/ea/fd/eafdb338-c9b6-4f87-8363-78ab94cc3a18/content/images/wp-content/uploads/2009/05/twitter-300x292.jpg "twitter")

Twitter

1\. "The founding fathers of Communism, like Internet investors \[in the late 1990s\], believed that a new era had arrived." Bill Bonner.

I've always distrusted new agers, whether they're holding crystals, wearing denim, or toting a laptop. They all say the same thing: the old paradigms are dead: the free market, Christianity, and p/e ratios.

And they're always wrong.

2\. Enjoying this economic recovery? I am, but use it to brace yourself for another wave of pain. Others are: "[Citigroup Inc. and JPMorgan Chase & Co. are hoarding cash as if another crisis were on the way](http://www.bloomberg.com/apps/news?pid=20601087&sid=aQokWJUKo2d0&pos=4&ref=thedailyeudemon.com)." See also: [Link](http://dailyreckoning.com/major-companies-hoarding-cash-preparing-for-second-wave-of-financial-crisis/?ref=thedailyeudemon.com).

3\. 640,000 new jobs? [The Daily Capitalist breaks down the administration's lie](http://dailycapitalist.com/2009/11/01/stimulus-creates-640000-jobs-a-big-lie/?ref=thedailyeudemon.com).