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The Healthcare Reform Legislation Process Sep 10, 2009
I just ran across this outstanding video presentation explaining the complex process associated with passage of healthcare reform. I highly recommend you have a look. htt...
American Fools Sep 9, 2009
I have said this is the past many times, and now I am going to say it with a bit more conviction. If you really believe there are two distinct political parties in America, you are a complete fool.
More of Less From Obama Sep 5, 2009
In tradition with the previous empty bag delivered by President Bush, President Obama has continued to offer Americans more of less when it comes to ways to ensure a viable retirement.
Death by Media (Part 3) Aug 13, 2009
As many of you know, the media black balled me and continues to today for a very good reason. They are protecting the agendas of their financial sponsors – the financial industry and corporate A...
Death by Media (Part 2) Aug 12, 2009
It might seem like the guys interviewed by the financial media know what they’re talking about. But if their position is too superficial or too extreme, their guidance could actually prove to be worse than those who listened to Larry Kudlow, or “Mr. Perpetual Bull Market.”
Death by Media (Part 1) Aug 11, 2009
Amidst all of the media coverage, instead of real experts, what you see are data collectors (Robert Shiller), perpetual doomers – guys who have been preaching doom for two decades Roubini, Sch...
Get Ready for the Earnings Meltdown Aug 7, 2009
I’m not talking about the banks or even the retailers. We all know they will continue to slide. I’m talking about everything else. With no real median wage growth since 1999, and soaring i...
The SEC Protects Wall Street Criminals AGAIN Aug 6, 2009
I could go on and on about this piece of news but I'll spare myself days of endless ranting.A Instead, I'll just thrown in a few lines.
Wall Street Wins, You Lose; AGAIN Aug 4, 2009
Today we have yet another case whereby the SEC has reinforced the precedent of securities fraud. This sickens me to the bone.http://www.latimes.com/business/nationworld/wire/sns ap us ge ...
Investors Fooled Again by the SEC Aug 4, 2009
The reported news of SECAactions to move towards a ban on flash trading pose nothing more than a smoke screen to fool investors into thinking the SECAis watching out for their best interests...
Wall Street Wins at the Expense of Main Street; AGAIN Aug 3, 2009
Fresh off the press, Bank of America basically gets a "get out of jail" free card for securities fraud and criminal indictments by BAC and MER executives by sending a few million d...
Read the Writing on the Wall: Pull Your Accounts from BAC Aug 3, 2009
After helping to destroy Citigroup, former CEO Sallie Krawcheck has taken over the top spot at Bank of America's global investment management division. http://www.latimes.com/business/nationworld/wi...
The Deflation Myth Mar 15, 2009
For some strange reason, economists, and those who actually give credence to what they say seem to think that a single period eighty years ago set a precedent cast in stone for what to expect from this depression. As a result, the masters of propaganda continue to insist that you cannot have a depression without deflation.
Don't Bet on Hyperinflation Mar 13, 2009
For several months now, I’ve heard all of this talk of hyperinflation. I’m sure you have too. I’ve seen that word so many times over the past year that I might have even used it with...
Fair Value is Here, But Watch Out Below Mar 6, 2009
The stock market (the DJIA) is now very close to fair value from a long term perspective (if that even means anything to an individual investor, which it may not). Those who read aoeAmericaa...
America's Financial Apocalypse: 2009 Update Feb 16, 2009
Posting When It Matters I want to thank those of you who've patiently waited during my apparent hiatus. I certainly wasn't on vacation. I don't take vacations. As I've said in the past, I'm not one ...
An Offer the Big 3 Can't Refuse: $50 Million per Mile Dec 2, 2008
Just as I was ready to pass out in my chair last night, I regained full consciousness after hearing a news headline. Can you guess what caught my attention?
A New Precedent for America: Financial Irresponsibility Pays Nov 11, 2008
As a desperate attempt to stop the bleeding, banks are stepping up with further efforts to protect delinquent homeowners. To date, this represents the most radical effort to stop the avalanche of fore...
If You Listen to Economists You Will Go Broke Oct 10, 2008
In my last piece, I think I made it clear that the vast majority of economists are not only clueless, but very dangerous to your financial health. Make no mistake.
Economists Need to Sit Down and Shut Up Oct 7, 2008
Iam really sick and tired of these economists out there who continue to claim that America will not enter a depression. These are the same bozos that have yet to acknowledge the fact that the U....
Risks of the Proposed Bailout: Part 3 Sep 28, 2008
Most of us have played Blind Manas Bluff as children. Itas such a popular game among kids that several versions now exist.
Risks of the Proposed Bailout: Part 2 Sep 23, 2008
Accountability is a MustWould I support a bailout? Maybe. But thatas a very big maybe. At the very least I would need to see a clear plan with specific guidelines, executed by credible and com...
Too Big to Fail? Says Who? Sep 23, 2008
Itas a nice scare tactic to feed to Americans.AHow does Washington know they are too big to fail?
Risks of the Proposed Bailout: Part 1 Sep 22, 2008
McCain, along with Paulson, Bernanke, Bush and others are using scare tactics hoping to rush the approval of this historic banking bailout plan.
America's Financial Apocalypse: It's Not Going Away Anytime Soon Sep 19, 2008
For many years now weave all seen the reckless use of taxpayer funds by Washington. This irresponsible and unaccountable waste of tax dollars has been particularly prominent during President Bus...
America's Financial Apocalypse: What Can YOU Do as an American? Sep 19, 2008
My advice is to find some people who you trust; those with proven track records, those who are not tied to the television shows. Figure it out. You are only going to be misled by the mainstre...
The Death of Wall Street. Part 2 Sep 16, 2008
Wall Streetas business model is broken. The high stakes game of Russian Roulette which Wall Street never seemed to lose, is taking them down one by one.
Bailouts Disguised as Buyouts Sep 15, 2008
Bank of Americaas buyout of Merrill Lynch seemed laughable to me that is until I realized the full picture.
The Death of Wall Street. Part 1 Sep 15, 2008
Although not yet official, the verdict is on the way. Bear Stearns led the death march a few months ago. Now, Lehmanas bankruptcy filing signals the halfway mark of what will end up bein...
Payback is a BITCH Sep 11, 2008
Despite attempts made by Greenspan and Bernanke, there is no way to avert the payback period that has been building for over two decades.
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