Seeking Alpha

sajincc's  Instablog

Although I have always invested "long" on our Constitution and a protector of those Constitutional rights, recent events have forced me to alter my investment (mostly time) to a "short" of our Constitutional values, and bet against their future existence. As they appear... More
My business:
Jordan, Hyden, Womble, Culbreth, & Holzer, P.C.
  • From Widows to the UAW 1 comment
    May 24, 2009 01:04 PM

    It is incredible to watch the transition of the automakers from the worlds most respected investment, reserved in every case to assure the wealth of widows, to an investment reserved to the UAW, after the UAW squeezed last dollar of cash flow out of the industry.  Likewise, it was incredible to watch what the bully-tactics of the UAW could accomplish in less than 6 months when joined by the bully-power of our lopsided Federal Government, run now by a single party repaying political debts.

    As a result, I have changed by investment in this County from "long" on Constitutional values, to short - as I watch the Constitutional values that protected the free market forces that made this County so incredibly wealthy eroded to the point of insolvency.  Just as shorting General Motors was a good idea last year, shorting constitutional values may be the only investment strategy with a positive outlook.

     

Back To sajincc's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

This post has 1 comment:

  •  
    "The Securities and Exchange Commission should be very interested in any financial company that secretly decides a financial product is a loser and then goes out and actively markets that product or very similar products to unsuspecting customers without disclosing its true opinion," said Laurence Kotlikoff, a Boston University economics professor who's proposed a massive overhaul of the nation's banks. "This is fraud and should be prosecuted." The totality of Goldman's influence shows it s will not face prosecution and will likewise avoid any rule changes that deprives it of unfettered access to the continued protection from this type of conduct.
    Nov 06 12:30 PM | Link | Reply
Full index of posts »
Latest Followers

StockTalks

  • We already have government run healthcare, its call the VA. Take a look at how wonderful our Vets believe their healthcare actually is.
    Jun 24, 2009
More »

Latest Comments


Most Commented
  1. From Widows to the UAW (1 Comment)
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.