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March 2009



Canning Leveraged ETFs, but not leverage

March 30, 2009 – Comments (2) | RELATED TICKERS: GE , CSCO , ABB

This is from one large brokerage to their advisors:  [more]



Time to let GM go?

March 08, 2009 – Comments (2) | RELATED TICKERS: GM , AIG , C

The seeds of GM's demisse were sowed in the 1980s.  In those days of boomer driven sales,  executives essentially conspired with the UAW to loot the company.  Union contracts were agreed to that were very rich comparatively speaking making the UAW look great to its members, and the executives skimmed off a large piece of the company knowing that it would be a long time before what they did would doom the company.  The executives knew the company would one day implode, but that they would be long gone, only appearing in a underread academic papers or incompletely researched newspaper articles.  There is no doubt at this point that the execs knew the scheme, and that the UAW was just not smart enough to realize it was complicit in the looting or its leaders too were scamming.    [more]



Bush's Fuedalism; Obama's Socialism; the "N" word and Rush

March 03, 2009 – Comments (9) | RELATED TICKERS: GE , JPM , GS

In the past few weeks, in particular this weekend when L. Rushbaugh addressed the Conservative Pathetic Action Conference- some hanger on believers in the Bush administration from what I could tell watching on TV- many so-called conservatives have been claiming that President Obama is a socialist.  That is a laughable concept rooted in paranoia, an inability to grasp basic math and a complete misunderstanding of who has ripped you off.    [more]

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