Well, we have limited space here, and I quickly exceeded it. So, there may be a part 3, as I do Iearn from MY mistakes.

Unlike our givernment, heretofor referred to as UNCLE FUNNY (the president, the Fed, and the Treasury), and the COURT JESTERS (Congress), I do learn.

Yes, the government should be SUED. Yes, every CLOWN, should be paying for this,,,, not the American taxpayer.

So, I have one question. How many of you wanted to see, AIG, Bank of America, Lehnann Bothers, Bearn Stearns, CitiGroup, Wells Fargo, Wachovia, Merril Lynch, or Countrywide, to succeed?

I assume some of you. There are IDIOTS in every crowd. They REAPED, in good times, and you THINK, you still deserve. So, do they.

You raped, and pillaged, the public.

And, UNCLE FUNNY, and the COURT JESTERS, say Ok. Not only do they say OK, but in the
midst of all of this that will make generations later, much poorer, you have no guilt.

Witness, CitGroup buying a jet, and a 10 M imptrovement, in CEO office space. The government, subsidizing, the B of A Acquistiions of Countrywide and Merrill Lynch, the Bonuses, at aig, AFTER THE GOVERNMENT BAILOUT.

OK, UNCLE STUPID, has no business in the private sector. It costs us BILLIONS every day.

Just a TODAY, example. UNCLE FUNNY, wants to "guarantee" potentially bad debt (ie, short term debt)

If you do not see abuse here, I can't help you.

It is abuse of power, it is misuse of fund, and it is NEGLECT,

And, yes, time to SUE the government, or at LEAST, remove the IDIOTS.

Yes, it is nice to go see a "Circus",,, BUT HOW MANY TAX PAYERS,

ARE TIRED

OF THE CLOWNS?

Yes, the market pop today was nice. It had NOTHING to do with ANYTHING , done (and they have done NOTHING), by the COURT JESTERS, and UNCLE FUNNY.

And, if you think this is a joke,

well,
even I can not compete, with UNCLE FUNNY and the COURT JESTERS.

And, I could, and WOULD go on.

You got raped, and you said OK.

Don't be surprised next time.

And worse yet, UNCLE FUNNY, says, if you don't invest in banks, you lose in this market?

UNCLE FUNNY, plant it,,,,,, where the sun does not shine.

Comments: View Comments |  Monday March 23, 2009

Very few investors are OUTRAGED, when the market is up over 400 points in a single day, but today, I am, and you should be too.

Yes, I made money today,, or did I? Ok, I did?.

How about some perspective on that.

Well, I could start with this easily. When I was last at the Dow at 7700, I had more. That is not the point this time. That could just be investing. But, then think if you will. I HAVE, and HAVE HAD, market beating results. Ok, when it went down, I rode that too, and got beaten down, worse than others in most cases. So, call me "average Joe", as I am not alone there. This is a free "game" to play here. Real money, is not. Real investments, are not. Real people are not.

So, I am going to tell you TWO things I think SHOULD happen. One, is REAL hard to do, but should be done. The other just makes a whole lot of sense.

Since it is shorter, and easy to mention the one that makes sense, I will do that first. It is simple too. Invest in gold, raw materials, and agriculture. Gold, is a no brainer. Inflation will result, from all of the "government" actions (I had a gag moment, as I had to refrain from refering to them as they SHOULD be, but I am coming to that) . Raw materials, because if there is a recovery, NOTHING will get better, without them. And agriculture, because everyone will eat.
Cows, dogs, and people. Cows, because we eat them, dogs, because people like them, and people, because they are greedy and STUPID.

So, if you do not want to hear my RANT, on the "Government", I am quickly going to give some stocks, and then I am going to rip the "government" a new set of shorts, and I do NOT mean stocks.

Gold, check out AUY, GG, KGC, AEM, FCX, and EGO, and add some silver here too. I am not a silver expert, but research can help you. HL, I like, but debt is high. There are better, no doubt. Do not be afraid of some risk in silver, as it may well EXCEED gold in returns, in both short and long term.. Raw materials, check out BHP, RTP, RIO, and again, I would look to some lumber, but I am not an expert here either. I could suggest, but, rather than be wrong, I just mention, do your homework. And, last but not least, I recommend agriculture. POT, is a no brainer. It is an oligopoly, and is NEARLY unregulated. If banks can, POT can BETTER.
But, invest in it's competition too, MOS in case the "government" gets a brain (but don't count on that one.). DE and MON look good here. Well run companies, that have been "beaten", by the market. They will come back, IF, the clowns in the governemt don't interefere with EVERYTHING. Still, TNH, is the best of all. It does a good reliable dividend, and offers stock price appreciation too. But, it will not take that long, so, as the world grows hungrier, expect the government "circus" back into the action here. Short term, ok, Long term, wait to see what the "court jesters" do. There may be ONE safe side bet. Retail is likely to get hammered throughout al of this, but one company may actually profit. My bet is PETM, yes, PetSmart.
Low debt, and a company that most anyone can love. Yes, the pet market, and people love their pets. Pets will eat, when many people may not. Yes, you too have heard the stories. People eat pet food, when real food is not available. Yuk, may I never go there. But, it is a market, and it looks pretty good. Do it sparingly, but do it.

Ok, I have SPARED, most of you, but part two, is going to rip the GOVERNMENT a new one. If you want to hear about UNCLE FUNNY, and the COURT JESTERS, part two, will be just for you.

But, before I do that, I must say one more thing. The investments I mentioned so far, are longer term. Expect them for two years or more. In the short term, Oil, is the way to go, if you have a concience. If you have NO conscience, invest in banks or other financial institutions, but I will not recommend even ONE, as I DO have a conscience. Oil, is going to rise for about the next 4-6 months, at a minimum. It is seasonal, and it is their "season". So many to mention. XOM, CVX, COP, DO, RIG, NE, PDE, ATW, AXAS, CHK, DVN,SLB, HAL, and so very many more. Short term, you make money one most any. Some do a fair dividend, which makes them worth keeping.

Warning!

Beware of the MEDIA BS.

And, be VERY AFRAID, of UNCLE FUNNY, and the COURT JESTERS (see part 2)

Comments: View Comments |  Monday March 23, 2009

Ok, I am ALMOST done with the Court Jesters. If you still believe in them, no matter what else I say, will not sway you.

This one deals with both banks (financial institutions collectively) and yes, more on the court jesters, as they seem to affect everything.

Well, we have covered much already. Banks caused a good portion of this problem by making bad loans to those so very unqualifired. THEY KNEW, high defaults would result. And, to make profits in the SHORT-TERM, they did it.

The problem, and they know it, is there is a LONG-TERM.

But, even that I can understand. As can I understand the next one. But, knowing something is wrong, does not make it right.

And, the next one they want you to swallow is that we need to bail out these banks. Oh, so the ECONOMY can be healthy again. If you want the economy to be healthy, get rid of those that cause the problem, or resolve the problem that caused them to fail. We, and the court jesters, have still done nothing about this, and it will re-occur. Unless we put a stop to it.

And, we still can. Bouycott banks, and impeach EVERYONE in the government.

Ok, wait, this is an INVESTMENT column, and financials are rising at a phoenomenal rate.
Well I guess there are two issues to investments. At least in MY mind. Maybe never before, but definitely now.

Maybe I care a little less about green (ecologically friendly), and you can guess how I feel about politically correct (hahahaha, that would imply not only sense, but morality, and we have neither), but how about the MILLIONS of people, that got ROBBED by all of this?

And to make things worse, as if they were not already, the government wants to continue to "bail out it's favorite son's",,,, the banks. The Fed, the Treasury, and every court jester in the land, is doing nothing but LIE TO YOU, while robbing you and your kids of EVERYTHING, for years to come.

Yes, they truly WANT to make a socialistic governemt, despite EVERY evidence they DO NOT WORK.

Now, it is SO VERY EASY, to see why not to support our court jesters, and to want to IMPEACH every one, even as we approach a recovery. We likley would recover BETTER without them.

But, as for supporting banks (collectively, all financial insititutions), my conscience cannot allow me to support the robbing of millions of people of multi-trillions of dollars.

They got FAT when times were good, and UNCLE FUNNY wants to bail them out?

My conscience kicks in, no matter HOW much the market goes up from here.

Am I glad for the market recovery? You bet. Did you feel that one, or the big THUD down?

And most sad of all, is NOT ONE thing has been fixed.

NOT ONE.

Ok, I am not sure I believe in the bear market, but I do believe in it's effect. I believe UNCLE FUNNY has screwed us all again. Ok, they had help. Pick a bank, and insurer, a rating agency, and maybe most importantly,,,, let's not forget the MEDIA (the greatest accomplice of all).

Then again, you may feel very differently from me. If you believe in REWARDING incompetence, you are in seventh heaven, as it absolutely abounds.

Now, would DRASTIC solutions be a good fix now? Probably not. So, let's give it a WEEK.

This week, do not invest in a bank. We can have a bank run NEXT week. Of course, this does assume you have a conscience.

Yes, there is a financial cost to having a conscience. We are in this mess, because OTHER people had NONE.

As fo Obama, he did inherit a bad problem. I care neither one way or another for the man. He is DEFINITELY perpetuating a problem, and throwing HUGE amounts of money (OBVIOUISLY being WASTED), is about the appitomity of STUPIDITY. And, to cry outrage, when it is abused, is a joke.

Who is laughing?

Not me.

Yes, IMPEACH,,, now. By the way, the problem is really due to legislation from PREVIOUS Democrats,,,, and we just elected another one? Some of you did maybe. And some of you believe in this one.

Folks, this is the truth. It does not matter who is in office when it recovers. Likely, the recovery, was something they inherited, and no matter what they did, it would have happened. The jury is still out about who is in office on a failure of the economy.

But, I revisit my original thought for ONE last time.

NOT ONE THING is fixed. And TRILLIONS, has been thrown at a problem.

If you feel good about anything here, well, please INVEST. And if you are that same one, I suggest in investing in banks. They will either make it for you, or steal you blind, while you watch. Either way, you will not mind.

Very quickly, and last is the "mythical Bear".

The effects are truly BEAR, and NOBODY will deny that. But, did the government, the media, and banks, create the ILLUSION, that we have a CRISIS?

The government would not recognise a problem if it hit them squarely in the head! Banks, are now, and ALWAYS WERE, crooked as a dog's hind leg. and the MEDIA, is the world's greatrest IDIOT. Yes, that one, even surpasses the government (but it is close).

Too few details, too short of space. Three is enough.

Don't believe ANYTHING, until you see SOMETHING fixed. Not a band-aide put on healthy skin.
I promise, it will happen again. AND, next time, it will be WORSE. Ask, any parent.

Rewarding bad behavior, very rarely produces desirable results.

So, if I were you, I would invest in the market. I do believe in the FREE MARKET. It does have some sense, albeit, a sick, and distorted one. To invest in DEFUNCT companies, is, and always was, foolish. And, to name two of those, is the governemnt, and banks (financial institutions collectively).

Today the dollar is rising. So is gold. I will take my chances on gold. I know about the other two.
I would invest in shoe-strings before I invested in the other two (government or banks).

If you are like so very many of us, you see not only the income you have worked your life for to dwindle away by crooks, but the FUTURE, of not only you, but your kids, and grandkids. Well,, it truly is time, for some outrage.

OUTRAGE,,, to a POINT,,, of IMPEACH, EVERY CONGRESS PERSON, and BOUYCOTT, banks, in EVERY form (stocks, and deposits).

Yes, please, stick it in your matress. You will sleep better.

And, as much as I hate to admit it, I know I am right. And, sadly enough folks,, I am a BULL in the market.

Maybe that is my problem? I do PLAY with DIGNITY. The short players, well, that is another subject. So is hedge funds. We have SO VERY MUCH, we COULD fix, and CHOOSE not to.

I wish you all MUCH luck. My crystal ball tells me, not a darned thing will change. We will REPEAT, and it will get WORSE.

Who is to blame?

You!

You voted for it.

And, have REFUSED to do ANYTHING,, about it.

Comments: View Comments |  Wednesday March 18, 2009

Hopefully, everyone is a little more refreshed. I am.

Ok, mis-mangement by the government is nothing new. Who is surprisd by that? And, yes, as a result, I do refer to them as our "court jesters". Yes, Congress collectively, and not just "the president".

Never have I seen a group that is so intent to NOT LEARN. Even in the presence of SO MUCH EVIDENCE.

Ok, if anybody thinks the government should be involved in the private sector, we are going to disagree here very quickly. The government does government poorly, and does the private sector even worse.

And, I am in outright protest because our court jesters have SOLD the FUTURE of many generations to come to pay for the outright BLUNDERS of the current administration.

Let me count the ways.

Was it Bear Stearns? No, even if the government was so STUPID as to not see credit markets freezing, it was to do nothing about it BEFORE it got bad. But, maybe they could not, without creating some panic. But, could they not have STARTED to make some regulation then? There were a whole lot of choices they could have enacted BEFORE they got involved in the private sector.

Was it Lehmann Brothers? No, the government used some minimal sense for once. Let it fail.
We have a market system THAT WORKS, and it is called bankruptcy. Even a court jester can get one right.

Was it Countrywide, Fannie Mae, or Freddie Mac? Well, two of the three are government funded programs anyway, so the government takeover over Freddie and Fannie, I will not fault (but they too should have been forced into bankruptcy if for only re-organization). There is ABSOLUTELY no moral, ethical, or financial reason that anything but an outright sale of Countrywide to anyone stupid enough to buy them does not deserve. But wait. Even that is suspect. Countrywide ran into a problem with short term liquidity. Houses are LONG TERM assets. Should everyone with long term investments be bailed out for short term problems?
No, let the FREE MARKET determine the outcome of that. It will, and it will do it well. It does not need the court jesters for that. Bank of America wants it, so be it. But, you get no support, from anyone, at any time. It is likely a very good LONG TERM investment anyway, albeit hard to price in short term evaluation methods.

Was it Merrill Lynch? No, not really. Once again, the government ALMOST used good sense.
Then again, it had a willing buyer to. Once again, Bank of America WANTED this at fire sale prices. Once again, the court jesters had an option. We can pour money in, and the market will do the rest.

But, how long before the court jesters can refuse to be the fool? Well, AIG, gave them just that chance. We have a company that has a quarterly loss greater than the gross national product,
and the government decides "it is too big to fail". GUILTY. all over the place. Yes, the GOVERNMENT is to blame!

NOBODY, at any time, should EVER get "too big to fail". We have anti-monopoly rules to prevent just that. Well, they had competition. Horse-puckey! That big, is TOO BIG!

But, even if they (the court jesters) were right about too big to fail (not because of the American economy mind you, but because it has BLOWN IT on a GLOBAL scale), is saving global face worth ruining the concepts the government is BASED on.

Even our fore-fathers knew enough to know, the seperation of the public and private sectors.
And, while on the quick subject of our fore-fathers, was it not them, that fled, to avoid extreme taxation?

And now TRILLIONS spent (THROWN OUT THE WINDOW) by our government, to support flailing institutions, in the name of the American economy, at the expense of every current and future taxpayer, is an abortion to common sense EVERYWHERE.

And, then, for them to WHINE, about executive pay and bonuses, after the fact. My God, what a joke. Something to support their own PERSONAL AGENDA. Please people, it may be a problem,but not near the size of the problem of our COURT JESTERS.

If we want to affect something for the positive, let's cut THEIR benefits. And, there is no better place for unemployment to be deeply felt than to liquidate that entire group.

Well, before I get into the mythical bear, which I have much aluded to here already, and why you should bouycott banks, it is time for another quick BRB, and much to the chagrin of many of you, there will be a part 3.

Comments: View Comments |  Wednesday March 18, 2009

Today I am going to cut to the chase quickly, and many of you may not agree with me (what else is new?).

Simple. Impeach, and bouycott banks.

EGAD man, how could you come to those conclusion with the market up more than 700 points in ten days.

My question to you, is how could you NOT come to those conclusions?

More importantly, just how STUPID do you want them to think we are! You have been played, and you still want more?

And, very quickly, let's get to the point. We have all seen the effects of this bear market. Name me ONE problem that has been FIXED? Oh, you can't? Neither can I.

So,what has happened? And I do intend to look at the for what it is REALLY, not what the politicians and media want you to believe. But, let's briefly ASSUME they are right, about SOMETHING.

And, I am going to be very liberal here, and state the obvious. People took advantage of other people, and gave they mortgages they could not qualify for, let alone afford. And, they did it for GREED!

Anybody disagree with that statement? Please get with me, as I have some land in the deep Atlantic I would like to sell.

Ok, we may have had a housing surplus, we may have had greedy insurers, and we may have people who try to rate the value of things when they could not balance a checkbook of a multi-billionaire. Those are SIDE POINTS.

If it was not for the GREED of making loans to unqualified people, would any of those items have mattered? Ok, maybe, but not near so much.

Ok, why am I on war-path when the market is recovering?

Because if you don't FIX the problem, you are WASTING money to throw money at it. You FIX the problems first, THEN you throw money at it.

Ok, we let things get SO bad, we had no choice but to throw money at it first? Maybe. Even if that is so, could not someone have seen this coming?

Ok, I do try to be fair. George Bush was not the sharpest knife in the drawer. He had a tough job to do. And what EXACTLY, was his administration fighting, almost the whole time? Terrorism. Isn't it possible, this economic crisis is another form of terrorist attack?

So, while he was proactive after the attacks on the World Trade Centers with military action, is it just possible he lost his area of expertise when the economy started it's downward spiral.

And, yes, he started the situation that should outrage taxpayers everywhere. Throwing money at the problem.

Yes, very possibly, throwing enough money at any problem will solve it. That is the problem with the administration today.

Ok, this is the groundwork for more discussion, so I will take a quick BRB, and make a Part 2, so this does not get too long, all at once.

No, I did not get to impeach, or bouycott banks, but I will,,,, I promise!

Comments: View Comments |  Wednesday March 18, 2009

Today I am going to cut to the chase quickly, and many of you may not agree with me (what else is new?).

Simple. Impeach, and bouycott banks.

EGAD man, how could you come to those conclusion with the market up more than 700 points in ten days.

My question to you, is how could you NOT come to those conclusions?

More importantly, just how STUPID do you want them to think we are! You have been played, and you still want more?

And, very quickly, let's get to the point. We have all seen the effects of this bear market. Name me ONE problem that has been FIXED? Oh, you can't? Neither can I.

So,what has happened? And I do intend to look at the for what it is REALLY, not what the politicians and media want you to believe. But, let's briefly ASSUME they are right, about SOMETHING.

And, I am going to be very liberal here, and state the obvious. People took advantage of other people, and gave they mortgages they could not qualify for, let alone afford. And, they did it for GREED!

Anybody disagree with that statement? Please get with me, as I have some land in the deep Atlantic I would like to sell.

Ok, we may have had a housing surplus, we may have had greedy insurers, and we may have people who try to rate the value of things when they could not balance a checkbook of a multi-billionaire. Those are SIDE POINTS.

If it was not for the GREED of making loans to unqualified people, would any of those items have mattered? Ok, maybe, but not near so much.

Ok, why am I on war-path when the market is recovering?

Because if you don't FIX the problem, you are WASTING money to throw money at it. You FIX the problems first, THEN you throw money at it.

Ok, we let things get SO bad, we had no choice but to throw money at it first? Maybe. Even if that is so, could not someone have seen this coming?

Ok, I do try to be fair. George Bush was not the sharpest knife in the drawer. He had a tough job to do. And what EXACTLY, was his administration fighting, almost the whole time? Terrorism. Isn't it possible, this economic crisis is another form of terrorist attack?

So, while he was proactive after the attacks on the World Trade Centers with military action, is it just possible he lost his area of expertise when the economy started it's downward spiral.

And, yes, he started the situation that should outrage taxpayers everywhere. Throwing money at the problem.

Yes, very possibly, throwing enough money at any problem will solve it. That is the problem with the administration today.

Ok, this is the groundwork for more discussion, so I will take a quick BRB, and make a Part 2, so this does not get too long, all at once.

No, I did not get to impeach, or bouycott banks, but I will,,,, I promise!

Comments: View Comments |  Wednesday March 18, 2009