Thursday, November 18, 2010

A Few Anti-Establishment Rants

1) I can't stop laughing. Did some of you folks who held the worthless "old" GM stock actually buy the "new" GM stock for the going price? Youz deserve what youz get. I know you are kidding and I can't stop laughing. I would have taken a shot at under $20 a share. Come on guys, I'd rather eat "Mickey D's" three times a day seven days a week. Who cares what form suicide comes in? Put all of the rest of your money in .05% money markets! Hey der ya go, safety net for the next Detroit bankruptcy party. Diversification complete. "Big D" won't even pay a dividend! A thousand year old growth company, hah. Go with Altria please. If you must take a bath, even Ford is a better choice. Same excellent 0% dividend!
2) This time circus rhymes with stalemate. That's o.k., Mr. Market loves stalemates.

Congress has no clue. I would just as soon see them in powdered wigs, sitting around saying harrumph and zzzz. At least it would be genuine, overt circus.

A middle class revolution should discourage over taxation and transaction fees. I don't like taxation without representation, which is what exists currently.
"...tax man's taken all I've got...all I've got's this sunny afternoon...", Kinks 

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Monday, May 10, 2010

"The I'm Apolitical But... Blues"

Warren Buffett ain't a Dem just 'cause he's a bleeding liberal. GW Bush made super sure that history shows better market returns during Democratic presidencies since 1901. Look it up per presidential term average return, per year average, I DON'T CARE WHAT CRITERIA.
His negative return did kick HHH's butt though. Look it all up 'rons! In all fairness,in the same family GHB has one of the best ever S&P returns. Yeah I know Reagan blah blah. (Obama ?stands? to have the best ever return.) Look at the historical (overall) invested middle-class America. Who America? We The People however, have no clue. Go "Teabaggers". It's even worse yet, since Republicans have 60 years of poopy returns since 1901 to 48 years of Dem presidency. So we have been overbalanced negative. Warren has a clue I fear.

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Friday, May 7, 2010

After The "Fat Finger Trade" Debacle

A day after Procter & Gamble lost 40% and Accenture 100% in minutes (human error, ha ha) let me remind you: Day Trading Is Now Our Major Investment Platform. There are a couple of things going on, all precision aimed to keep the middle class out of the investment process. Oh well, you are too late already, by about 2000 Dow points. At least get out of the money market!

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