Stocks

Long-time and even new readers know that I've been bearish and have taken my price range on the DJIA from 7k-9500 down to 6k-8k. Well, the good news is that we're closer to the bottom part of that trading range right now. I am not going to call a bottom today. Or ever, frankly. I don't even like the idea of trying to "catch the bottom" of the market. And for years when I used to write a ... read more

The "Illuminati" isn't some sort of secret organization running around in pyramid-emblazoned robes -- but it does exist and what I mean by that is that there are people running big business and government who are all in cohoots together (often without even meaning to be, I hope) to use the government and its laws and policies and monopoly on the use of legal violence to redistribute wealth from ... read more

Yeah, how about that...turns out the index that measures the stock performance of all those companies that are getting welfare from the Republican/Democrat Socialist Regime aren't exactly finding it to be the rememedy they expected... Indeed -- corporate welfare destroys profits and profits drive stocks and therefore corporate welfare makes stocks go down. Nothing like a little direct, ... read more

I gotta ask - How the heck can you tell the difference between "Republican" and "Democrat" or "Liberal" and "Conservative" or "Left" and "Right" any more? Which ones say they are for Social Security and Medicaid and Medicare for and targeted help for the elderly, poor while pushing for and then passing legislation after law after bill after package that actually just give welfare to the people ... read more

Let's do a look at some of today's headlines and press releases from the bankers and their supposed-regulators (colluding cronies a more accurate term for the SEC, DoJ, etc) who have destroyed and are now supposed to be fixing our economy. You tell me how we get profits and therefore stock prices going up again when this type of corruption and redistribution has gone from accounting for less than ... read more

So the UN wants a share of the welfare money for the stimulus package... I guess once again it's "Screw Ruidoso and small town people in this country" ...the UN needs yet more welfare money from mom and dad to help my mom and dad because all the welfare money mom and dad are sending to Washington isn't enough yet"??? Mom and dad might have a serious problem about being forced to send ... read more

1. Remember the $160 Billion Stimulus? 2. Your Reps: “Gimme Your Money Or Die!” 3. April Fool's Day March Against the Regime 1. From $160 billion to $9.7 trillion didn’t take long - last March when Stimulus Package 1.0 (that $160 billion confiscation of private wealth and redistribution of that wealth to overleveraged individuals that met certain income and employment requirements from ... read more

You gotta have it baby, You can't do without When you get that feeling, You gotta sock'em out Put that mike in my hand, And let me kick out the jam Yes ! Kick out the jams, I want to kick' em out -- MC5 Here's what I'll be coughing up in my mind this weekend, as I heal up from this pneumonia/bronchitis thing that hit me this week: * This emailer ... read more

1. Ken Lewis is a Wuss 2. Bill Gross is a Propagandist 3. If Stimulus Passes, DJIA Goes to 6k 1. You read in the paper that Ken Lewis didn’t have enough balls to stand up to the government and save his shareholders from buying Merrill after he realized Merrill was worthless because somebody in the government didn’t want to let Merrill’s lenders and shareholders deal with their own ... read more

On Friday’s I publish Weekend Vittles — sorta just some random thoughts into the weekend.. * A spokesperson for JPMorgan Chase says that the reason the company pulled its own money from Madoff last year was because they got suspicious about the Ponzi scheme the dude was putting on.  But she says, “we did not have the right to disclose those our concerns” to their own clients who had ... read more