sieraromero

Buffett's Essays: Simple and Essential

I truly agree wholeheartedly! Warren Buffet's words of wisdom from the past are truly a treasure. More importantly, and far more relevant are his current thoughts and observations about what this market and what this country as a whole need right now. I wish more people would pay attention to and give more thought to those words of wisdom! Good Luck to you all in these trying times that we are about to experience.

Wall Street Breakfast: Must-Know News

The economic decline is Not nearing an end as many of the talking heads would have you believe. We are closer-much closer,to the beginning of this problem than we are to the middle or towards the end of it. I hope I am wrong, but I honestly don"t believe I am. I wish you all, a very happy,healthy and prosperous New Year. Remember what is most important in life! Its not allways money. Good Luck to you all!

Wall Street Breakfast: Must-Know News

Anybody try to by some silver lately? You have to buy it at several dollars above spot price if the dealers can get it at all. [physical possesion of it] Yet the spot price is going down,the producers stock prices are going down and the market as a whole makes no sense. It is being manipulated by someone or something. Why is the federal reserve making JPM rich at the expense of others. The federal reserve needs to be abolished! Our country needs a free market system instead of the government, the federal reserve and the big money people manipulating at their given whim to dictate who makes money and who loses money in this rigged market.

5 Things the Treasury Should Clarify Now

Regarding #3. If the firms do not wanr to participate in the fed. bailout if they have to suffer a share dilution if the gov. takes warrents on their equity base in exchange for rescueing them---THEN THEY DO NOT NEED BAILED OUT! Same for excepting limits on executive compensation or limiting dividends. They just want to do business as usual with the gov. picking up the risks and they have an opportunity for further profit at the expense of the taxpayer. We can no longer affordthis business as usual at the expense of future generations. If we need to suffer some short term pain for the long term benifit of our gov. and future generations,then so be it.

Wall Street Breakfast: Must-Know News

Why repeal the mark to market rule. Why not just repeal accounting standards? By the way we can say the failed securities are worth hundreds of times their current value while we are at it and all of a sudden we have no problem and we can all go along our merry way with our heads in the sand as we have for so long now, at the expense of our future generations!

Wall Street Breakfast: Must-Know News

Watching the hearings on the bailout has me very worried! Not only are the idiots who got us in this mess, not being open and forthright about how much they need but also what they need it for[other than to save the present system that is on the brink of collapse]. Then they say this will not guarentee that. They do not say who is being saved and adamently refuse to answer what is being saved,because that secretsy will help ensure success. If this gets approved we deserve everything that this ensures will be eventually come tumbling down our way. This just helps the present system to bail out our foreign holders of our worthless debt at the expense of the american taxpayer. HOW MUCH LONGER CAN WE IN GOOD FAITH SCREW OVER OUR FUTURE GENERATIONS FOR THE BENIFITS OF US AT THE PRESENT? ENOUGH IS ENOUGH!!!!

Who Will Dow Jones Select to Replace AIG in DJIA Index?

Another novel idea is to add CAF- the china index fund. They are buying us out anyway and will own the country in a relitively short period of time anyway. GOOD LUCK to you all!!