Cicero

The Worst Case Scenario (Someone Has to Say It)

Fed profits go to fedgov? That leaves a heckuva lot of room for operating expenses - salaries, trips, meals, pensions, etc.

They have a monopoly on the creation of money and credit for our economy. They pumped up the bubbles with money and credit that they admit on their website was created “at essentially no cost.” That's the same money they lend to the big banks and that you and I pay interest on.

HR 1207, a bill to audit the Federal Reserve, has 143 co-sponsors. Write your Congressman today and keep the pressure on. DC is a bipartisan cesspool of corruption and waste. We need to collapse the demorepublicratian duopoly and return to the Constituion.

Days of Cheap Energy-Fueled Innovation Coming to an End

I Think, were you one of the speakers at the Freedom Rally in DC back in April? Ron Paul really needs some support in Congress - he's been holdng down the fort for decades.

The Global Economy: U.S. vs. World Growth

Temper your tongue Jerbear, though CLH should learn that not every post has to draw firm conclusions or even suggest possible conclusions. This was interesting info readers can use as fodder for discussion and input into the macro picture.

Meet Mr. Market: Jim Cramer

The basic emotion is real. It is exaggerated and hyped for entertainment value, like Lucy and Ricky's personalities (based on real life but condensed, scripted, and sold). But that does not mean there is not remarkable intelligence and a huge heart underneath, and does not discount the info and insights he offers. The market is always in flux and he responds - he doesn't often flip flop that quickly though. I bet JC's long term record and his return over any given rolling period blows away Todd's and is on the top end of the bell curve for stock advisors. He covers both long term trends and short terms swings. If you read his books he never advocates day trading with a higher percentage of your portfolio than you can afford to gamble with. Each person must decide how much that is and be responsible for their choices. He seems to do better than most with his day-to-day trades and has way above average instincts into longer term market trends. His viewership speaks for itself. There are not that many new investors continually hopping into the market. If most people were losing money trading on his ideas, his viewers would gradually drop out and his shows cancelled. And if he is not outperforming other advisors, at the very least it is obviouls that most people are having at least as much financial success as with him as they are with other sources, even if they stay with him for the entertainment value rather than the outsized returns.