Hugh

A Look at the Respective Rallies in Tech, Housing and Oil

The word, "bubble," is in a bubble. Too much "bubble" talk, and soon the word will be meaningless.

Existing Home Sales "Slipped" 23.4%

As usual, Mr. Ritholtz get's it right. My take is that it will get worse in housing, much worse. I doubt we will see a return to (in real prices) to the 2006 highs in our lifetimes.

13 Predictions for 2008

Ron Paul has the right ideas, ideas that he didn’t invent, but were already there, given to us by Locke, Jefferson, Adam Smith, von Mises, Rothbard, Rand, etc.

All he has to do is regurgitate these ideas in an effective way. What does he do? He stumbles over the questions, looks very weak and afraid. The other night on CNN with Jeff Beck, Paul had a full hour. He answered questions with a, “yeah,” instead of a “Yes.”

He is the last chance for Freedom, and is blowing it. I sent him money, worked the town, etc. Not any more. Paul is a little Jerk, a huge disappointment.