zorrow

Time for the U.S. Economy to Reindustrialize

After watching a Charlie Rose interview with Warren Buffett, I reversed my suspicion that he was part of the problem, and now think he could play a huge role in the reindustrialization policy platform. Obama tried to reach out to the Chamber of Commerce, but they don't get it. I hope Obama will convene a conference of the 50 largest non financial corporations in the United States for a conference on job creation, headed by Warren Buffett and Bill Gates. No invitations need be issued to GS, JPM, the Fed or the Chamber. Then maybe we can get the show on the road.

Five Reasons the Market Could Crash This Fall

Watch Warren Buffett. He's not the kindly old man next door. He's in on everything. When he starts to dump GE and GS, then dump all the financials mentioned above fast as you can. Until then, just like in Rick's American Cafe, let it ride, on the FED.