Wednesday, December 1, 2010

THE MADNESS OF A LOST SOCIETY

I'm back after a long hiatus. So many thoughts lately on the oblivious nature of the American populous. How the general public's ability to perceive the breadth, width and depth of cause and effect relationships is sadly lacking. Mostly I think about this in regard to how it gives me an edge as a speculator/investor, but also how it appears to be dooming our society to one hell of a cleanse in the not too distant future.

Want a fun/disturbing game? Notice the paradigm shifts as they accelerate in the coming years. Here you go...this says it all....


Sunday, January 17, 2010

How Much has the Financial Crisis Really Cost

I put this in the categories of

-Stop Lying Tim Geithner
-WTF. How much money can we spend?
-Are the laws governing government the same as the laws governing the people? uh,no.
-A Dozen More REasons to Get Your Money Out of the Big Banks.

and finally...
-Wake up America!

Visit msnbc.com for breaking news, world news, and news about the economy

Friday, January 15, 2010

Weekend Links

Again, some good food for thought. All I can say is, why are we not making more noise? What I believe...Americans are sheep.

Pat Buchanan: Is America’s Financial Collapse Inevitable?

http://www.wnd.com/index.php?fa=PAGE.view&pageId=122030

Pat Buchanan of all peple telling it like it is. Scary when I line up with arch conservatives. Fuck!

Barry Ritholtz, The Big Picture: Record Bank Bonuses Based on Record Bank Fraud
http://www.ritholtz.com/blog/2010/01/record-bank-bonuses-based-on-record-fraud

Barry RItholtz, The Big Picture: SEC Helped AIG Hide Pass Thorugh Bailouts to Big Banks
http://www.ritholtz.com/blog/2010/01/sec-helped-aig-hide-passthru-bailouts/
Barry nailing it again. Change We Can Believe In, or Four More Years?.Ridiculous. If we don’t wake up, we will not persevere as a democracy.

Friday, January 8, 2010

Where Are We Headed Part Deux

Hey Guys,



Just thought I'd pass this quick read along (link below) as it sums up my views in easier to understand language. I know the urge to join the party is strong, but this last 8 months, and perhaps the next few are classic bear market rallies which are steep, fierce, and unsustainable. All of the gains we have seen are on the backs of an escalating national and public debt, and record low interest rates. What happens when interest rates reverse? WHat happens if the treasury and fed turn off or slow down the spigot? What happens if they don't? The answer to each of these is lower stock prices, lower bond prices, lower real estate prices, and higher commodity prices. I find it hard to believe that the greatest financial breakdown in the past century has been healed in less than two years, and we're off to the races. Especially considering that NOTHING has changed. THe fed continues its policies of printing more money, and forcing low interest rates, which is what they did in 1998, leading to the tech bubble, and in 2001 to 2003 leading to the bubbles in real estate and the financial markets. Each bubble is progressively larger. Each resce is more expensive. And now, with 2.5 trillion spent on the rescue and counting....what is next?

http://madhedgefundtrader.com/Today_s_Diary_Entry.php