LariAnn

Wall Street Breakfast: Must-Know News

The more I observe and see what kinds of strange decisions are being made by the government about the economy, the more I wonder if those who are making those decisions know something about the future that we don't. I mean, why steer the country towards certain economic disaster unless . . . they know reasons why it won't matter after all. Think about it. We could all just be a bunch of mushrooms, kept in the dark and fed BS . . .

Could the Dow Sink Another 50% by 2012?

IMHO, all it will take is a fairly major natural disaster (catastrophic hurricane in oil-producing zone like the Gulf of Mexico) or political action (nuke test by Iran) and the markets will be thoroughly roiled. The world economy is not stable by any means. Momentary euphoria aside, all it takes is one good reality check, and like the results of a 2 x 4 smack to the head, people will wake up and smell the burnt coffee. At that time, hope you have reduced or eliminate your debts and have hard assets or goods of lasting value that you can fall back on. . .

Wall Street Breakfast: Must-Know News

"A day late and a dollar short . . ." R. I. P., auto companies!