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    • Mon Dec 1st 01:53 AM
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      Commented on:
      Ben Stein Watch: November 30, 2008
      Felix, watching Ben Stein is beneath you. Don't waste your time...
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    • Tue Nov 25th 18:18 PM
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      Commented on:
      The Fundamental Value of Real Estate
      Here is my 2005 response to a young couple who were preyed on by a slick real estate agent…
      No, using a mortgage to buy a home is not a good investment because it will not generate any monthly income for you. Instead, it will only bleed large monthly and yearly expenses. Mortgage bankers and tax collectors are the only ones who will receive monthly income from “your” home.
      In the long run, a $500,000 home costs 1.5 million after 30 years and even if the home value triples, the value of money will be half or a third what is was 30 years earlier.
      Real estate is in a huge bubble and when it bursts, you will be stuck with a 30 year, $500,000 mortgage for an asset that is only worth $300,000.

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    • Fri Nov 14th 13:10 PM
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      First Call of the Crisis: Peter Schiff Could Be Video of the Year
      Thanks to Peter Schiff for opening my eyes in 2007. I have locked in 40% gains on the short positions I have taken since October 2007...
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    • Thu Oct 30th 12:15 PM
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      The Pivot Point Will Likely Be Election-Based
      The fact that our economic fortunes depend so heavily on what the government does speaks volumes about how we got in this mess in the first place.
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    • Tue Oct 28th 17:34 PM
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      So We Find a Bottom - Then What?
      It’s amusing that people still use terms like bull, bear, bottom, recovery as though they mean anything anymore. How can anything be valued when the Fed keeps shifting the sand beneath our feet? Since we seem to be following the Japanese recipe for recession management, can’t we assume the market will lose 80% of its value in the next 20 years? A good investor can make money in a rising or falling market and I'm still optimistic about the downside.
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    • Mon Oct 27th 02:27 AM
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      Commented on:
      Ben Stein Watch: Oct. 26, 2008
      Here is another little gem from Stein in March, 2007 that shows how out of touch he has been all along:
      “This whole subprime mortgage mess is just an excuse for the gunslingers and river boat gamblers on Wall Street to use their tricks to move markets and make money. The economy is still very strong. The most cagey players on Wall Street like Goldman Sachs are now trying to buy — not sell — as much distressed merchandise in the mortgage area as they can. This is a good clue about where the smart money is going. “
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    • Sat Oct 25th 01:01 AM
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      Market Outlook: Seize the Day
      Seize the day exactly how? The worst case scenario is that the ongoing collapse will make the depression look mild. The best case scenario is that we will suffer a Japanese style recession that will last decades. The FIRE economic paradigm has evaporated and Fed smoke and mirrors won’t revive it. In addition, the leadership choices we have in the election don’t inspire much confidence. More of the same crony capitalism on the right or a radical step toward the Venezuela “model”.
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    • Fri Oct 17th 21:34 PM
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      Buffett and the Limits to 'Awaiting Better Times'
      Sorry, but history is not on Buffet’s side and I can’t afford to make ANY long term investing mistakes. Every single intervention by the Feds has failed and the establishment still refuses to face the real issues. I intend to wait until well after the election to make any long term decisions.
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    • Wed Oct 15th 02:37 AM
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      Farewell Financial Bear Raids - Cramer's Mad Money (10/14/08)
      Cramer's rant against short selling proves he's just a rank Fed puppet. Without short interest in the market there would no interest at all. The biggest drops occurred while the shorts were locked out. Cramer is a used car salesman who got busted selling lemons.
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    • Tue Oct 14th 20:27 PM
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      Historical Bull and Bear Markets for the Dow: 1900-Present
      It’s kind of tragic to watch investment advisors go through the motions as though nothing has changed since last October. I suppose, at some point, they will figure out their world is gone and move on.
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    • Tue Oct 14th 18:14 PM
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      Commented on:
      Don't Take Over the Free Markets to Save Them
      Flash:
      Fed takeover economy in bloodless coup.
      Americans to serve the state for the foreseeable future.
      Banks install truck barriers as a precaution.
      View article »
    • Tue Oct 14th 14:27 PM
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      Commented on:
      There Are No Simple Paths to Prosperity
      The simple path to prosperity is clearly established in the Constitution:

      Personal freedom
      Sound money
      Low taxes
      Limited government

      With this simple plan, generations of Americans worked hard and prospered until we were hijacked by the Fed in 1913.

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    • Tue Oct 14th 10:35 AM
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      Commented on:
      My Plan to Save the World
      This is not plan to save world, It's a plan to take over the world. Just another Fed power grab.
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    • Mon Oct 13th 17:05 PM
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      Commented on:
      This Is What Happens When Everything Is Undervalued
      How can you “value” stocks when the Fed intervenes daily to prevent price drops. This does not add stability or confidence that "everything
      is undervalued". I don’t see a market at work here. Only Fed puppeteers desperately throwing tax dollars at insolvent institutions.
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    • Fri Oct 10th 17:08 PM
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      Commented on:
      This Isn't a Bottom, It's a Disturbance in The Force
      Obi-Wan was on the Millennium Falcon on the way to Alderan when he felt the disturbance, not on Tatooine. I like Bernanke as the Emperor and Paulson as Darth Vader…
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