The Plain Truth

I Repeat… I continue to be amazed by so many out there, from the pundits with their agendas to the so-called experts who zoom in on every grain of short-term optimism with an electron microscope while explaining away the reality. Not much has changed since I last wrote. Let me repeat in case you haven’t been following me. We are going to see… - An earnings meltdown - Hundreds of bank failures over the next few years - Hundreds of hedge fund blow ups  

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Greenspan, Get Lost!

Mr. Greenspan, you have been the individual most responsible for the current crisis; a crisis which commenced only a few years after you tried to minimize the dotcom collapse, which of course you also...

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Fannie and Freddie

Now we come to the Fannie/Freddie bailout. This is certainly a true bailout; not because taxpayers are on the hook for potentially $5.3 trillion, but because there was a moral hazard established once ...

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Obama's Poor Decisions, a Threat to His Success

Let me be clear about a few things. First, regardless who wins the upcoming presidential election, there will be no real change in America. In order to really understand why you have to know what is goin...

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Get Ready for the Earnings Meltdown

I’m not talking about the banks or even the retailers. We all know they will continue to slide. I’m talking about everything else. With no real median wage growth since 1999, and soaring inflation for gas, food and healthcare, it’s obvious consumers have had much less to spend.

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CNBC, the Bubble Network

While some would consider Cramer a “stock pumper,” others would consider him their savior. I would consider him the “Dr. Phil” of Wall Street because, similar to Phil, he designs shows based on resolving some controversial issue with the intended goal of helping lost souls.

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Editorial: Denying the Obvious

It’s shocking to see so many who remain in denial about the economy, specifically the pundits. Until they see two consecutive quarters of negative GDP growth...

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U.S. Treasuries Worse than the Dollar

That’s right. You read it correctly. Now why would I say something that even most “experts” would laugh at?

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Bailouts or Bull****?

With all that’s happened with the real estate and banking crisis, the word “bailout” has been plastered throughout the media with little discussion of exactly what a bailout ...

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Getting Ready to Short the Financials (Again)

I advise investors to use this rally in the financials to your benefit. If you took recent long positions in the financials, you might consider selling soon.    More experienc...

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Farewell Indy. What's Next? (Part 2)

Those of you who are familiar with my previous publications know my real estate forecasts remain unchanged since first published in 2006.

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Farewell Indy. Who's Next? (Part 1)

On Friday, IndyMac joined the long and growing list of bankrupt mortgage companies (Accredited Home Lenders, Novastar Financial, Fremont General and dozens of others) that have been taken down...

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Fannie & Freddie.Truth or Consequences. Part 2

With the recent collapse in share price, both GSEs are going to have a very difficult time raising capital.   NOTE: Mike Stathis predicted the precise details of the financial crisis in his 2006 book, America's Financial Apocalypse. The Jewish Mafia REFUSED to publish this landmark book because it exposed the widespread fraud committed by the Jewish Mafia. Instead, the Jewish Mafia published useless marketing books written by their broken clock tribemens (like Pete...

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"No Bailouts" So You Say Mr. Paulson?

Yesterday, I discussed the consequences of the proposed bailout of Fannie and Freddie. While Paulson has hinted that there will be no government bailout for Freddie and Fannie, he clearly left t...

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Ford As A Crystal Ball for America

As many of you may know, on March 27, 2008, Ford (F) completed negotiations to sell its Jaguar and Land Rover divisions to Tata Motors (TTM), a division of the Indian conglomerate Tata Group.

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Fannie & Freddie: Truth or Consequences (Part 1)

Amidst speculation that Freddie and its big brother Fannie are facing insolvency, U.S. Treasury Secretary Paulson said the primary focus was supporting Fannie and Freddie "in their curren...   NOTE: Mike Stathis predicted the precise details of the financial crisis in his 2006 book, America's Financial Apocalypse. The Jewish Mafia REFUSED to publish this landmark book because it exposed the widespread fraud committed by the Jewish Mafia. Instead, the Jewish Mafia...

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Industries to Avoid. Industries to Buy

While some of the recommendations in this commentary may seem like no-brainers, its real purpose is to illustrate how investment themes relate to the bigger picture.

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Satellite Radio Faces Enormous Challenges

It is not my intention to get anyone to buy or sell Sirius Satellite Radio (SIRI) or XM Satellite Radio (XMSR).

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Finally, the Truth on Housing

You’ve all probably seen or heard about the recently released Harvard Housing study. Among other things, the report discusses the fact that the median wage-earner is unable to afford the...

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Stay Clear of Traditional Asset Classes

Washington continues to manipulate economic data, as it has for several years. The past few Establishment Survey reports confirm the deception of data, as many more jobs were lost than official numbers indicate.

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