Rhett

A Third Way in the Current Inflation / Deflation Debate (But It's Even Scarier)

How can you say the "Tea Parties" are an Establishment backlash effort to regain power? What power? Wall Street still is THE power - in Washington as well as New York. The Tea Parties appear to be more anti-Wall St. subsidies than anything else.

Otherwise, a thoughtful article.

Buffett's Tiffany Debt Purchase Not a Good Reason to Jump In

Buffet is a good man, but BRK is down over 30% and falling as of yesterday.

Buffett and the Limits to 'Awaiting Better Times'

Buffett is probably right, although occasionally he has been wrong, i.e., he is human. This time, I think he is a bit early, e.g., his recent venture into GE which lately seems to be the palest of the blue-chips.