bassmaster17

Wall Street Breakfast: Must-Know News

Nokia should just throw in the towel...In regards to BNI they are doing a fine job operating in a lousy hand dealt by the US. Wonder if Buffett has taken notice of the selloff. Just my opinion, but I think some hedge funds are firing at the transports in order to take down the whole market...who knows.

Coal - and KOL - Is Red Hot

The US politicians Al Gore, in particular, are using global warming as a means to line their pockets. Al Gore did not turn his lights off on Earth day, but he has increased his net worth substantially through the climate change cause. Animals emit more carbon than coal plants. The real issue threatening the environment is radiation, which will be enhanced as China and India industrialize. The public can't visualize o-zone disintegration as easily as a smoke cloud from a coal plant, thus liberals can't play the human condition relevant to emotions and irrationality. As for met coal, it fits nicely into the long term growth trend concerning China and India. When credit eases many delayed projects will come back online and stimulus related infrastructure should comence. Markets will be hit by a shortage comparable to the glut caused by the world grinding to a halt.