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    MBIA, Ambac Fall as Buffett Starts Up Bond Insurer

    btw, Buffet said he was entering the biz.... but he may let the others die first........... oldest trick around.......
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    MBIA, Ambac Fall as Buffett Starts Up Bond Insurer

    wasn't ACA AAA rated until all of a sudden they went to CCC.... did somebody at Moody's spill their coffee on the pinks sheets and see ACA there and say... "hey, look at this...?"
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    I am buying 23 k worth of physical gold coins

    btw, i believe letting currencies float got us into the competitive race to the bottom of the currency bucket that we find ourselves in..... the rest of the world thinks the same thing since dollar pegs, (not official, but street level) are falling all over the place...... black markets in...
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    I am buying 23 k worth of physical gold coins

    I guess the inventory should include a few gold coins, a few silver dollars and a ton of lead bullets.....
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    I am buying 23 k worth of physical gold coins

    history has shown.......... The Gold Confiscation Of April 5, 1933 From: President of the United States Franklin Delano Roosevelt To: The United States Congress Dated: 5 April, 1933 Presidential Executive Order 6102 Forbidding the Hoarding of Gold Coin, Gold Bullion and Gold...
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    I am buying 23 k worth of physical gold coins

    hard to say if 1 oz. gold coins or even .25 oz. will be of much use in a crisis since most of the public has never seen one and may be reluctant to take one as tender..... maybe better off with silver dollars or silver quarters ...just an opinion.... during the Hunt Silver run in '80...gas...
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    US troops will fight in Pakistan?

    Clinton found reason for US troops to fight in Somalia.... which first started out as a meals-on-wheels program but then devolved into a brushfire fight... after a bloody nose...he announced a pull out a week later....
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    Jim Rogers: Citigroup is a buy at $5

    why not short the shares at the convertible price and buy the convertible paper to get a free look at the downside.... or short the leap puts at the convertible strike and buy the convertible paper.... so OK you're on the hook for the common dividend but you make it up on the convertible...
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    Economic Amrageddon - Bond Insurers About To Default

    Citi tauts the 7.5 bill. from Abu Dhabi.... 7.5 bill is loose change lost in their sofa cushions... it's camel rental for a weekend romp in the dunes....... gimmie a break..........
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    Bhutto DEAD

    the US has a long history of shoving "volunteer" leaders into the firing squad... S. Korea S. Viet Nam Panama Columbia Somalia Egypt Lebanon Pakistan Afghanistan if crude goes to 125 - 150, it should put the thrill back into checking S&P futures at 5 am
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    Meltdown of world financial system is fully underway...

    Benny B. calls in for extraterrestrial help with monetary policy....a hail Mary needed... http://youtube.com/watch?v=pMbIElTpCjo
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    Economic Amrageddon - Bond Insurers About To Default

    wasn't ACA on the pink sheets for months before some lunchbox at Moody's sensed that something could be amiss??
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    Market's gotta be rigged

    every market is rigged.... rich people dont get rich by investing in free markets
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    Biggest bubble of all time

    1973 was an oil supply shock 2007 is an oil demand shock.... China is in better shape due to their surplus, we have to print or borrow dollars to buy our oil..... no wonder it's 94 headed to 125
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    Biggest bubble of all time

    there have been booms and busts in all asset classes, bit this latest fiasco has never been populated with strawberry pickers being awarded $720K mortgages.... the beenie baby tulip craze can't approach this.... http://hollisterfreelance.com/news/contentview.asp?c=213141
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    Biggest bubble of all time

    yep, wont work since the illegal Gomez family in Barstow would have to show up at closing with a $300K check to cover their upside down mortgage on the 2 bedroom dump they bought 2 years ago wiff nothing down...
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    Biggest bubble of all time

    instead of helicopter drops, the fat thumbs are targeting specific rates such as LIBOR and 10 years.... the whole thing is a drive in movie where everyone gets fingered....one way or the other....
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    Biggest bubble of all time

    likely correct, since multi trillion dollar liquidity will land where it's treated the best... look at Benny B., a student of 1929..... as soon as 3 month t-bill yields begin to skyrocket, the flight to safety will be over and money will pour into equities....
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    Biggest bubble of all time

    China isn't the cheapest anymore labor wise, some of my stuff is sourcing from Viet Nam and India....
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    You can just feel the tide turning here...

    better yet...
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