The Big 3: Abbott & Costello Leveraged Leverage and Donate Toys To Your Local Orphanage

1. Two Tens Stimulate My Five
2. Abbott & Costello Leveraged Leverage
3. Donate Toys to Your Local Orphanage

1. The geniuses say the stimulus and bailout packages will help us two, three, four years from now, right?  Here’s what the genius Bernanke was telling the Republican/Democrat Illuminati Regime he works in the summer of 2004, “Although I expect policy to follow the usual gradualist pattern, the pace of tightening will of necessity respond to evolving economic conditions, particularly the strength of the ongoing recovery in the labor market and developments on the inflation front”. Just think about how his policies then are impacting us today.  Gulp.

2. Allen Stanford, the billionaire chairman of Stanford Group Co., blamed “former disgruntled employees” for stoking regulatory probes into his firm. I’m not saying that Stanford Group’s a ponzi scheme or anything…but guys, they returned 10-15% every single year for the last 13 years, despite the wild 30% plus swings in the markets. Leveraged leverage to create even legel 10-15% steady returns isn’t sustainable and are probably already as crashed as most any asset class is too.

3. Betcha most every sovereign wealth fund is busted too, even those that supposedly had trillions in ‘em like in Dubai and Singapore. And hey, at least we still don’t have a US Sovereign Wealth Fund set up.  Oh wait, we do now, don’t we?  Anyway, don’t lose faith in our country or our constitution.  Both will rise again.  And go donate some toys to a local orphanage this weekend, would ya?