Winston Smith of Oceania

Wall Street Breakfast: Must-Know News

"Any review of the government's actions 'must be considered in light of the unprecedented circumstances in which they were made.'"...and any unruly mobs toting guns marching toward Washington must be considered an adequate response in light of the government pillaging the people.

Wall Street Breakfast: Must-Know News

If you destroy a free market you create a black market. If you have ten thousand regulations you destroy all respect for the law. -Winston Churchill

Wall Street Breakfast: Must-Know News

The IRS had sued UBS to disclose 52,000 US clients suspected of tax evasion. They got 8.5% of what they asked for. How is that the raging victory as the IRS claims? Who paid who to keep the other 91% secret?

Wall Street Breakfast: Must-Know News

They are consulting with some Freddie Mac CFOs on how to improve the results before they release the stress test results.

A Stairway to Retail Heaven (Part 2)

It is time for a COMMON SENSE revolution! It’s time to take the power back. Exercise your right to bear arms before it’s too late. If you’ve been coasting through life, then you’ve been headed downhill with the rest of the nation. This is a call for all rational Americans to unite and forget the complacency and apathy that got us here. We’re all going down unless we (the ones with common sense) do something about it. Jim has been spot on with his articles. Rome is burning. Since the government is so inclined to “help” they could start with ELIMINATING the INCOME TAX. Eliminating the income tax and moving to consumption tax will automatically create an incentive to save. If people actually saved money instead of using credit in the first place, we wouldn't be in such a dire position now. It’s time to manually shift the paradigm! It’s time to head to Washington. Join the revolution and the conversations theburningplatform.com/.

As GM Goes, So Goes the Nation (Part 2)

“The budget should be balanced, the Treasury should be refilled,
public debt should be reduced, the arrogance of officialdom should
be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.” Cicero, 55 BC

Thursday Outlook: Wipeout?

How can we ever find the bottom when Financials won't come clean and tell the truth? This is Enron-like chicanery to hide and distort the truth: SEC Agrees to Accounting Shift Sought by U.S. Banks

www.bloomberg.com/apps...

Playing for a Bounce?

Some times the rubber band breaks. Government is trying desperately to tie it back together but it will break again soon. Buying GS and MS at this is a little premature.

Are We There Yet? Not Even Close.

Some one needs to pull the car over and smack the kids every now and again. We'll get there when we get there, now be patient. Sit this next year out and sit on your hands if you can't be nice to one another.