Rally On Bernanke?

http://www.cnbc.com/id/38879706

What else is he going to say?

'Hey folks, this is the Keynesian end game and the very institution which I run is impotent. Sorry, there is nothing I can do and you must feel the pain and get through the coming depression.

And, by the way, if I do too much, it won't help anyway and it will bankrupt us.'

I don't think so.

Roubini Delivers Some Morning Cheer

Drink up...he is right. Again.

Davis Rosenberg Sees Depression Ahead

Here is a clip to watch, the interesting part is about 7 minutes in, so forward to it and don't waste your time with the rest of it.




I have posted interviews with Mr. Rosenberg before, because our views are very similar.

This is a blog, you know, I feel no journalistic responsibility to be fair and balanced...at all.

Notice how at the end how the other commentators on the show almost apologizes for Mr. Rosenberg's "depressing" view.

This really bugs me. He is doing not being "depressing", he is simply pointing out facts to an audience that is in complete denial.

Denial will not help you. It is like a drug. It will make you fell better for a few minutes, or hours, but it can't save you from reality.

We must accept what is coming, prepare for it, deal with it, and find innovative ways to prosper within it.

A protracted period of falling prices (a depression)is the only thing that will "heal" this overstimulated, over consuming economy we live in. It is a healthy correction.

We must accept it, learn from it, and evolve accordingly.

My Best Friend

We lost Dana, our black Labrador retriever this past Saturday. She had been with us for 15 wonderful years. I am so thankful for that.

I know everyone thinks their dog is the best. I am no exception. To me, Dana was the best.

I have not yet recovered from the loss, and just feel a huge gaping hole sucking me into it.

I know this will pass. Right now it is terrible.

I love you Dana...will miss you forever.

No Right To A Job

Lady, there is no right to a job in the constitution.

"...like I read the constitution." Yeah, right. You might want to study a little harder.

How easy is it to become a citizen? My God, we are in trouble if we don't stand up to this kind of thinking.

You have a right to be a Muslim and practice your religion on your own time, the constitution frees you from religious persecution, it DOES NOT give you the right to use the court system to expropriate funds from your employer. Having a required work uniform is standard practice in many industries. It can hardly be considered persecution! If you don't like the rules there, quit! You have no right to wear your hijab to work if it is against company policy.

YOU HAVE NO RIGHT TO A JOB - ANYWHERE!

She even feels she should be getting paid on the days she doesn't show up! Unbelievable.

http://www.cnn.com/video/#/video/us/2010/08/21/nr.muslim.woman.disney.cnn?hpt=T2

The Blue Collar Heros Know What's Right

Of course the constitution supports the rights of the owners of the land who want to build a mosque near ground zero.

However, there is a difference between allowing the mosque's construction and supporting it.

As a matter of fact, Americans have every right to condemn it, and they should.

Thank God for hard working New York construction workers.

These guys should run for President. They would of handle this issue better than our current one did.



"They simply don't want to be a part of it."

It's nice to see some men with...well, you fill in the blank.

Daryl Guppy

We are back at very critical technical levels. Mr. Guppy is one of my favorite technical analysts, and of course, I agree with his opinion.