Ravo

U.S. Rejects Nationalization of Citi and BAC

I made a post in my blog in December, 2006 (see archives) that predicted the very events that are now occurring. The ancient Greek Historian, Polybius wrote in 200BC, that anytime a democracy is subject to cronyism by elected officials, it is doomed to descend into anarchy and violence by the masses, only to be superceded by a strong-man type of dictatorship.

Buffett Buys GE, Goldman: Should You Follow?

I have a position in GE and could care less about the financial arm of the company. Why? Because GE is uniquely positioned to confront, worldwide, the most pressing problems of the near-term future: Alternate energy, potable water, energy distribution systems, and the all-important after-the-installation maintenance of these 'Green technologies'.