Kelly Lieberman

Wall Street Breakfast: Must-Know News

First of all, the only ones to blaim for GM's issues are GM, the "Oil bugs", the Oil lobbyists and the Republican "Oil Guard". GM has seen this coming along with the others and they decided to keep the status quo as long as possible while we waged dirty wars and American lives have been lost to keep our foot mired in the black fools gold.
With some foresight, and some small sacrifices that some very rich oil players decided not to take, we have made ourselves so dependent on foreign oil that we are at the mercy of the very countries who burn our flag in their streets.
McCain and his cronies now want to blame Obama(!) for his reluctance to pollute the oceans on this planet while they have done NOTHING for a decade to look into alternative energy.
Poor GM, they need to retool. Yes, they do. They knew it 20 years ago and have not done anything about it. They built their massive oil guzzing Hummer plants despite warnings from global warming experts and concentrated on short term profits. Well, let this be a lesson to everyone that the "eventually" is now playing out and the piper will be paid.

Bear Market Bounce Check-Up; Focus on Solar and Gold

"That could be all the reason the market needs until such time it recognizes that oil prices are falling because the global economy outside the U.S. is grinding to a halt."

For a shrewd investor, just one hard look at this global reality is enough to convince me to stay long on Gold. The dominos are falling with more momentum and no amount of sweet talk from the Fed can change it.
It is their job to be optimistic as possible, and pull every trick out of their hat (legal or otherwise) so that the Average Joe continues to be lulled into thinking that the Federal Government can fix everything. Never mind the fact that they got us here in the first place...
And it is so easy to fool the Average Joe who is so willing to be led blindfolded to the poor house, as long as he can be assured that his standard of living won't be affected. So sad, but true. We have become a country so dependent on our lifestyle that the messengers of truth are shot while the economic "evil doers" are rewarded.
Pathetic.