Goldman on The Daily Show

I love John Stewart, even if I don't always agree with him politically, his humor about Wall Street Fat Cats is funny because it's true.

The Daily Show With Jon Stewart	Mon - Thurs 11p / 10c
Clusterf#@k to the Poor House - Puppy Me!
www.thedailyshow.com
Daily Show Full Episodes Political Humor Tea Party

I am not too fond of Cramer's advice either:

The Daily Show With Jon Stewart	Mon - Thurs 11p / 10c
These F@#king Guys - Goldman Sachs
www.thedailyshow.com
Daily Show Full Episodes Political Humor Tea Party

Bond Fund Bust Coming

If you have done well in muni's or long term corporate bond funds over the last few years, get out now.



There is nothing wrong with cash. If you are retired preserve cash, don't chase returns.

Free Speech?

If you underestimate the intentions or the voracity of the Islamic extremist movement in the US, you had better watch this video.

Couldn't Agree More

Buying puts as we speak.

Goldman Sachs

First of all, thank you SEC. It's about time you did your job. Otherwise, really, what is the point of your being around at all.

Secondly, I am not sorry to see Goldman fall. I am a Capitalist, that is for sure, but I believe in Capitalism rooted in morality. I believe in wealth creation through adding value, not fee collecting rooted in trickery and market manipulation.

I posted this a while back:

http://econmom.blogspot.com/2009/11/goldman-sachs-doing-gods-work.html

We shall see how this plays out.

Of course, I am still short the market. If this phony rebound was caused by questionable trading activities by big investment banks trading with money they borrowed from the discount window(ie. the American Taxpayer) at nearly 0%....it is really time to sell. The jig is up. Game over. Of course, as always, trade or invest at your own risk.

I am so happy to get back to writing and trading. Tax season is over! Finally!