Lex Luz

Wall Street Breakfast: Must-Know News

CCerenz - Our auto companies are uncompetitive because they are run by fat, lazy bureaucrats with no market savvy and neither the ability nor the willingness to innovate given their knowledge that no matter what happens, they will be bailed out by Uncle Sam as is happening now. Yes, they have high labor and legacy costs. This too is a reflection of poor management. Everyone loves to pile on to the unions and they certainly bear their share of the blame but at the end of the day there is SOMEONE running the company who must set strategy and execute against it. When that strategy fails, the CEO should either adjust or accept failure. Instead, American auto company CEOs go crying hat in hand to Congress and whip up a spectacular frenzy among the deluded that it's all the fault of someone else. Nonsense. We are a nation of whiners indeed - and there are no greater whiners than those who've led once-great businesses into the sewer.

Bust, Bail, Repeat: The U.S. Enters into an Ever-Worsening Cycle

The destruction of the dollar has been a planned and willful act, carried out by Fed Governors with the full cooperation of the Treasury Department and the entirety of Congress dating back at least to the 1990s. How much longer will Americans be hoodwinked by the delusion that accumulating cheap crap from China makes us rich?

We are standing at the gates of hell, facing the Cerberus: one head is the national debt, another the current account deficit, and another our total dependence on imported oil. We have allowed ourselves to be led here - and make no mistake, we the voters are absolutely responsible for having put criminals into every office in the government for damned near 30 years - by the illusion of prosperity, created by the willful, planned destruction of our currency through rampant, systemic, unimaginably massive inflation of the money supply. Cheap crap for everyone! Never mind about your real purchasing power...

If you care at all about the future of America, you absolutely MUST vote out EVERY SINGLE INCUMBENT in office. It is time to start over. If I recall correctly, I believe it was Jefferson who said that "from time to time, the tree of liberty must be fertilized with the blood of tyrants." Tyrants rule our nation today, and at this moment we can spill their blood symbolically by kicking them out of office. These people are traitors, one and all. Every. Last. One.