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The Mogambo Guru

The Mogambo Guru

Contributor since: 26 Feb 2010

Biography

Richard Daughty (Mogambo Guru) is general partner and COO for Smith Consultant Group, serving the financial and medical communities, and the writer/publisher of the Mogambo Guru economic newsletter, an avocational exercise to better heap disrespect on those who desperately deserve it. The Mogambo Guru is quoted frequently in Barron's, The Daily Reckoning, and other fine publications.

  • Economy Forces Strippers to Jockey for Pole Position

    Published 22 July 2008 | viewed 3,997 times

    "An adult-club owner named Joe Redner says that although business is down 25%, 'the economy does have one upside for the business - it's bringing…

  • The Voyages of the Debt-Addled Enterprise

    Published 17 July 2008 | viewed 4,699 times

    "Yet, against this staggering load of incestuous liabilities, and liabilities masquerading as assets that totals a third of the annual GDP output of the whole…

  • Highway to the Fiscal Danger Zone

    Published 15 July 2008 | viewed 3,907 times

    "Yesterday, when inflation in the money supply raised the prices of stocks and the prices of bonds and the prices of houses and the prices…

  • Government Sanctioned Ponzi Schemes

    Published 11 July 2008 | viewed 3,131 times

    "The Implacable Screaming Mogambo (ISM) goes freaking berserk at the economic insanity of it all as he watches, horrified, as asset prices get bid higher…

  • More Bats and a Bigger Budget

    Published 01 July 2008 | viewed 3,635 times

    "Looking furtively about with my beady, rat-like eyes to a route of escape, I was nevertheless frozen to the spot when he said, 'Our nation…

  • Love/Hate Inflationship

    Published 26 June 2008 | viewed 2,751 times

    "We love inflation and we hate inflation! So, it's a love/hate relationship! The most confusing kind! No wonder my head is spinning all the time!"…

  • Economic Egomaniacs

    Published 24 June 2008 | viewed 3,370 times

    "Now, total government taxation consumes half of all incomes, all of which goes around and around until my head is spinning and I wonder how…

  • Many Thanks to the Damn Greedy Banks

    Published 17 June 2008 | viewed 4,174 times

    "I am so scared and paranoid at the economic horror that is looming in our future that I have been drinking heavily and consuming various…

  • Investing Made Simple

    Published 12 June 2008 | viewed 3,832 times

    "Suddenly I think, 'Ahhh! I see! Demand is more than supply, meaning price will go up until demand equals supply!', at which point I think,…

  • Crude Up and Kills Created Money

    Published 10 June 2008 | viewed 4,245 times

    "This is the Big, Big Reason (BBR) that I am now looking for a cushy job as an oil company CEO, because I would make…

  • Economic Lessons from Alexander Pope

    Published 06 June 2008 | viewed 3,429 times

    "Luckily, I had been transferring lots of money from the operating account at the bank into cash in the office safe in case of some…

  • Howling at the Moon

    Published 03 June 2008 | viewed 4,158 times

    "You invested $100 in 2002 buying power to get back, after five years, $76 in 2002 buying power! Hahaha! Your 'fabulous' investment made a paper…

  • Relishing a Golden Experience

    Published 20 May 2008 | viewed 5,993 times

    "Soon everything you love will be gone, and then you will appreciate the wry humor of the expression 'Experience is what you have left when…

  • The Economic Sky Has Fallen

    Published 16 May 2008 | viewed 3,698 times

    "I naturally jump to the conclusion that this is the worst inflation in U.S. history, and that it is time to seal myself into the…

  • Chicken Feed on Increased Food Prices

    Published 13 May 2008 | viewed 4,938 times

    "And regardless of how many 'nightmares' anybody's lawyer says his client has had as a result of an alleged 'hostile work environment', the real nightmare…

  • Higher Prices for Smaller Portions

    Published 07 May 2008 | viewed 4,450 times

    "The result is that the price of packaged food is going up by more than the rise in the underlying commodities would suggest, which (according…

  • The Velocity of Floral Inflation

    Published 01 May 2008 | viewed 3,287 times

    "But after all of this, you suddenly realize that the money that was taxed away comes roaring back into the economy as government spending, making…

  • Funding the Food Price Fiasco

    Published 25 April 2008 | viewed 2,935 times

    "The IMF, glorying as ever in its failures, just like the Federal Reserve, now promotes the laughable idea to 'tackle' rising food prices by having…

  • 8 Million Golden Reasons

    Published 22 April 2008 | viewed 3,898 times

    "A lot of people have a lot of theories as to why gold is going down, when the theory and the entire history of economic…

  • Heart Attacks and Tax Codes

    Published 17 April 2008 | viewed 3,361 times

    "Already beset by demons of my deteriorating mental and cardiac capacity, the idea that the capital gains tax was already 5% and I hadn't even…