robinjoe

The Global Oil Scam: 50 Times Bigger than Madoff

The problem with giant scams that for the most part always start in NYC is the public's response. If some of these guys were killed by the victims then I suspect the behavior would be contained. The victims who killed themselves rather than Madoff are particularly stupefying. I just don't see why people don't channel their anger in an honest way that should include violence towards perps. We have become a nation of spineless wimps.

Wall Street Breakfast: Must-Know News

It is always nice when you are spending borrowed money like drunken sailors. The problem is when those bills some due. Isn't that what lst years crisis is all about, the bills came due. The govt chose to borrow more money to delay the reckoning, but it will be all the greater. So yes, more stock, more wine, women and song.

Wall Street Breakfast: Must-Know News

GM has about as many foreign entanglements as AIG. Why does anyone think a bankruptcy can be handled quickly. I mean Obama is a lawyer, so he should at least understand that. I know if I was a bond holder in GM, I'd want acess to Opel money if that it what it took to get paid back.

Wall Street Breakfast: Must-Know News

To place your future hope in a company that doesn't make money is insanity. I don't ever plan to see a dime from social security because the US gov't is insolvent, so why does anyone stake their future on GM which is more insolvent? My plan in enjoy life now. Have little to zero debt and plan to work forever. At the moment I've been doing what 60 Minutes pointed out last night, stockpiling guns and ammo as this is going to get ugly! Even more so that Leslie Stahl in bright lights.