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No One Saw This Economic Crisis Coming?

It is not a matter that no one saw it coming, it is the fact that no one wanted to deflate the bubble while Wall Street and the Banks were cleaning out our pockets. In 06 and 07 everyone was feeding the bubble the banks, wall street, the media all the talking heads on TV. It is the same pattern which repeats itself each time the economy goes down the drain.

The galling thing is that many of the jokers who brought us to where we are are still at and those who have left took their millions in bonuses for the work they did to destroy our nations economic fabric. A pox on all of them.

Warren Buffett Doesn't See Any Green Shoots

You are OK but you are no Warren Buffet, sorry. Please come back down to earth.

Open Letter to Quant Funds: Now's the Time to Help Maintain Orderly Markets

Send all the quants back to the universities and retrain them to become electricians and mechanics. We have more need of trained technicians than we do of manipulating mathematics to discover micro differences in the markets. At the least take the quants to the woodshed and give them a good going over, they deserve it.

Highlights From Fortune Magazine's 'Crisis Counsel'

Mr. Market as a mind of its own. It makes no difference what computer models or highly paid MBA's, TV pundets or Corporate bigwigs say, when the market decides that greed and stupidity has gone over the top it takes revenge.

A happy small investor.