America's Financial Apocalypse: A Crystal Ball for the Next Decade?

I'm getting quite bored watching the latest economic headlines surface. Bored you say?  Yes BORED.

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Beware of the Vultures

The economy is bad and getting worse. And it certainly isn't going to improve by much for a long time. Sure, the government will fool many with it's bogus data. But at the end of the day, millions wil...

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The Stress Test Scam (Part 2)

Printing more money won't solve America’s problems; quite the opposite. It's going to damage the economy further. And these effects will be lasting. You will see them soon. At the very least, we...

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The Stress Test Scam (Part 1)

I haven't made any comments about these so-called stress tests for the banks because it was obvious (to me anyway) it was just the latest PR scam devised by Larry Summers (carried out by his puppet, G...

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Swine Flu: A Follow-up on Trading the Hype

Last week I released a piece that no other (qualified) financial professional was willing to expose because (in my opinion) they don’t want the masses to know how event-driven media-hyped tradin...

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Signs of a Continued Rally?

It's been a while since I made any posts about the market because there hasn't been much to discuss. A few weeks ago, I mentioned that the 8200 level was fairly significant and represented a pivo......

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Swine Flu Panic: Trading the Hype

I wanted to discuss this whole swine flu hype that’s been blown out of proportion to illustrate how the media creates illusions from what would seem to be valid information. This also relates to...

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Sirius Satellite: Seriously Down, and Going Lower

It’s a bit funny to see that the SIRI stock pumpers are still at it, despite facing nothing but absolute humiliation after making ridiculous claims and clinging onto their delusions of grandeur...

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Bank of America's Lewis: Another Scapegoat

The news of Andrew Cuomo's letter to Congress revealing that former Treasury Secretary Paulson threatened to fire Bank of America's CEO Ken Lewis and oust the board if they tried to block the Mer...

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It's Time to Face the Facts (Part 2)

Fact #5. Most of the Lost Jobs Will Not Return What no one seems to understand is the fact that these job losses are not temporary. Most of them simply aren’t coming back. I’ll guarantee...

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How the Media Uses Buffet to Make Money

In the previous part of this article we saw how what Buffett invests in doesn’t matter to you. Let’s look at an example how the media uses the Buffett name to make money. I’d like to...

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Tax Day Tea Parties: Americans Fooled Again.

I decided to check out a couple of these so-called tea parties so I could confirm what I already knew.  Let me just say this.  I was disgusted by the naive nature of those in attendence...

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The Price of Honesty

You might recall a recent article I wrote called "Madoff in Perspective" where I point out that the real Ponzi scheme is being ignored - that orchestrated by the financial industry.  I also make...

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Did You Get a Raise Last Year? CEOs Did.

WASHINGTON (Reuters) - More U.S. chief executives got pay raises than had their pay cut in 2008, a year when billions in taxpayer dollars went to prop up struggling companies and millions of workers...

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Where Do We Go From Here?

I failed to post anything about the market rally on this site (since it's still not 100% up and running). But I did make a couple of brief posts elsewhere a couple of days ago. Basically wha...

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