I firmly believe (though I could be wrong) that we will see some precipitous, circuit-breaker tripping type drops again before we return to our 'regularly scheduled bull market'. Zero Hedge has a link to a Lime Brokerage document which outlines the danger of the algorithmic trading programs that have begun to dominate market action in the rally since March. For those of you keeping score at home, a drop like this in such a short time period would be catastrophic. Here's the link and an excerpt: [more]
It's not like that title would come as a surprise to any Fools out there : ) Here is Chris Martenson's latest take on this national crisis. Link and excerpt: [more]
Do yourself a favor and watch this 1.5 minute clip! I'm still ROTFL. I think the reason it's SO HILARIOUS is because it's SO TRUE!!! So, for all of us little guys who have been screwed over by the big banks, here's a little humor to cheer us up. [more]
I'm not quite sure what to make of this article. It was definitely an interesting read. I do tend to think that this Crisis: 1. Will not be over quickly, and 2. Will lead to some significant, long-term structural, societal, and economic changes. Here's a link and excerpt: [more]
This is a repost of a blog that I did on Saturday. I know a lot of fools aren't around on the weekend and I think the importance of this video warrants a repost. I strongly encourage all of you to view this 8 min. video and then call/email your congressmen/women in support of Ron Paul's bill to audit the Fed. [more]
American News Project has put together a great 8 minute video regarding the importance of the recent push to audit the Federal Reserve. I continue to become more hopeful as Ron Paul's HR 1207 bill gains more bi-partisan support. I would LOVE to see Ben Bernanke, et. al., on the stand, answering questions under oath, knowing that he could no longer LIE because the Fed's books have been audited!!! [more]
When he stated that he was taking a break from blogging on CAPS for a while, he also said that he wouldn't be back until he was TOP FOOL. Today, that has come to pass. I'm looking forward to his return and anxiously await his blog with all of the BULL-headed comments made to him over the last few months (not that GMX is immune to making rash comments of his own).
Disclaimer: I am neither a Republican, nor a Democrat. To me, there is very little (if any) difference between the two parties. I am a conservative that believes in free-market capitalism. [more]