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Unpleasant Truth

"To most of us nothing is so invisible as an unpleasant truth. Though it is held before our eyes, pushed under our noses, rammed down our throats--we know it not." -- Eric Hoffer (1902-1983) American author, philosopher, awarded Presidential Medal of Freedom. If something smells funny then that is an indication that there is something wrong with something you are not seeing. Wake up, and look deeper.

Friday, May 1, 2009

Don't Trust Earnings New Accounting Rules, Stress Test is a SHAM!

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We have a system that is overloaded with counterfeit stock, mortgages, treasuries, and credit default swaps.

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