Wednesday, October 01, 2008

Obama and McCain back on Track - The Election is on Again



For the first time since the political conventions in August today the two candidates for president acted presidential and maybe there is hope that the people will finally get the choice they need, a choice between two visions for the future of America.

I suspect the candidates finally got control of the campaigns back from the staff as there is no way these two people were performing to the best of their abilities the past few weeks. I have said repeatedly that we need to hear ideas, a vision and a future of hope for America and the campaigns were bogged down in blame, accusation and hostility that served no good purpose.

Today that seemed to change. Both gave speeches directed to the future, not pointing fingers to the past. It was refreshing to hear so many good ideas being offered and if the candidates were honest then they demonstrated that either one is not beholden to the forces in Washington, DC or Wall Street and were in a position to really go after the people standing in the way of change.

There are many people who represent the old way and will resist any reforms that take away their power and control over the nation and only a president free of dependence on them can offer such hope to the public. Our president is elected to serve all the people, not just the liberals or conservatives, and both candidates could do that.

If the biased media would just shut up and report the news rather than work so hard to manufacture the news, if they would stop the efforts to discredit candidates and recognize that the people running for office have given up a lot to run and will give up a lot more to serve, then we will all be better served.

There are a lot of similarities in the agendas of the candidates but a lot of difference in how they will go about changing things. That is the decision the voters must make. Because of the economy and Bush John McCain has an uphill battle to win but he is not a Bush clone and the people know it.

Barach Obama has to resist being labeled as the liberal candidate in order to reach across party and philosophical lines and his worst enemy are the leftist media supporting him but he too can effectively distance himself from the enemy.

It is time for a populist president and both can be standard bearers for the populist movement. Liberals and conservatives, Democrats and Republicans, and Wall Street and Congress have all demonstrated that their narrow agenda is not what America needs at this moment in time. What we need is to hear more of the candidates vision and implementation strategy these last 30 days. If they keep from attacks and focus on the future America will be well served.


What we need is a president with "No strings attached." If the candidates will stay focused America will get such a leader and a new wave of hope and promise will flow over the land.

Tuesday, September 30, 2008

The Great Debate - Obama and McCain - Enough is Enough



Buried in the middle of an economic meltdown was the first great debate in which every Democratic and Republican pundit and news media person said it would be the debate of the century drawing 80-100 million viewers according to the gospel of MSNBC. It wasn't. Fact is in terms of people watching it didn't even make the top 10 as just 52.4 million people tuned in. It finished 28.2 million people behind the Reagan-Carter debate of 1980. If you adjust the 1980 debate for today's population over 109 million people would have been watching, more than double our present day warriors.

So here are the facts. In terms of convention speeches McCain, Obama and Palin each drew about 40 million viewers. The debate drew 52.4 million. There will be about 121.5 million people actually voting this election so 43% of the likely voters watched, while 57% did not watch. That is not a particularly good sign that the campaigns have energized the voters.


During these last few weeks of the campaign we are going to be hit with an avalanche of campaign ads, emails, television bytes and other forms of slander, distortion and nasty stuff. We have already faced 18 months of the same stuff. Obama will outspend McCain 2-1 nationally and 4-1 in the swing states. If you had access to an honest poll you would see Obama has a slight lead but nearly 16% of the voters are undecided so no matter what the experts say, the race is still up in the air.

By now we expected Obama to have a solid double digit lead but he doesn't in spite of the huge spending advantage. Neither candidate demonstrated much leadership in our economic crisis so don't count on any surge from that. Palin has been mauled by the leftist media, ridiculed by the Hollywood elite and outright slandered by Democratic special interest groups but she is still here.


This weeks vice presidential debate will have to be her coming out party or the election will probably be over but to those hate mongering liberals don't be surprised if she doesn't knock that smug smile off your faces. The McCain campaign staff has done a terrible job of over managing her and it has cost them. If they learned their lesson and they cut her loose things might be a lot different.

Both candidates, their many surrogates and in particular the elitist media need to stop with the criticism, charges and political nonsense and get on with telling us how they will govern. Who cares if Sarah Palin doesn't know the name of regulation reforms offered by McCain over the years, we need to know that she understands our needs and interests and they sure aren't old regulatory bills from the past. All the candidates need to focus on their vision of the future.

With the election leaning toward Obama but still up in the air there are four factors that could swing the final tally either way, the Catholic vote, the pro and anti abortion vote, the women's vote as opposed to the feminist vote and the racial issue. Each of these will be examined in detail during the next few days.

Monday, September 29, 2008

Is Wall Street Arrogance To Blame for Failures in Congress?


Today the Wall Street bailout failed in Congress. Immediately after the financial experts on television began threatening yet again that the public is too dumb to understand the problem and as a result there will be no money for mortgages, autos, credit card purchases and other needs of Main Street America.

The financial experts went so far on CNBC to say the people in Congress are limited to liberal arts and law degrees and have no understanding of the economy and that is why the bailout failed. One day the many people whose lives and pocketbooks are lined by their close relationship to Wall Street may wake up and discover their own arrogance is what is fueling the public opinion revolt against them in their efforts to raid the public Treasury.

Long ago the general public stopped paying attention to idle threats from those demanding access to the Treasury to solve all the problems of the world. The international banking cartel and financiers from around the world have made run after run on the U.S. Treasury since the days of the American revolution to the Civil War to the latest crisis resulting from the mismanagement and greed on Wall Street.


Clever public relations people hired by them told them to stop talking about Wall Street and keep talking about how their problems are really the problems of Main Street but the American public knows better in spite of the public relations efforts. Today's problems on Wall Street were caused by greed, incompetent government regulation, Congress looking the other way while the financial institutions lined their pockets and campaign treasuries, and the expectation that the taxpayer could be hoodwinked into covering their losses.

Now the American taxpayer is expected to pay $700 billion to buy all the "toxic" loans that were issued by banks and mortgage companies and have resulted in a tightened credit market. What in the world makes them think the public should buy all the toxic loans and bail them out of their mismanagement and greed? If Wall Street had not started meddling in the mortgage market by packaging sub-prime mortgages when they saw how much money could be made in real estate we would have no crisis.

So they get caught with a couple of trillion in worthless mortgages and decide the American taxpayer has a responsibility to bail them out or they will cut off credit to Main Street. Where I come from that is not a request for help but blackmail. Then they say the financial integrity of our 401k, IRAs and pensions are in jeopardy if the bail out is not approved. That is second degree blackmail. The only way our pension money could be threatened is if the thieves on Wall Street invested it in the crooked stocks to begin with. Of course they did.

A reasonable way to help Wall Street while protecting the federal Treasury is possible and maybe now that the stampede to action has been halted by the vote in Congress perhaps the arrogant experts on wall Street who are demanding the handout can simply ask the stupid public for help in a nice and honest way and maybe this time they will get it.



Perhaps most important, the financial elitists and their liberal apologists had better learn humility and take responsibility for the mess we are in that they caused. Their days of unlimited feeding at the public treasury are over. The public has no responsibility to pay them for the mess they made and if we do give help, then we have every right to prosecute them if they violated the law. As for the financial television channels, turn them off, there are far better ways to spend the day.

Hijacking of American Economy Stopped by the People



Bush Pelosi Obama bailout of Wall Street fails!

To the absolute amazement of Wall Street and the weak-kneed Democratic leadership the people of America spoke through their elected representatives and the takeover of America by Wall Street was brought to a screeching halt in a stunning vote today.

Obama who refused to consider the negotiations over the vote worthy of returning to the capitol but remained available via telephone found out just what Americans thought of his "call me if you need me" attitude. No one called him. Pelosi called the Republicans "unpatriotic", hardly a way to encourage cooperation.

In the end the strange alliance of Bush, Obama and Pelosi to save the money mongers on Wall Street and help pursue our course toward socialism got, well, bushwhacked. Obama ran from his leadership chance while Pelosi again demonstrated why she has no business acting like a leader.

The American public, overwhelming against this Wall Street bailout and unwilling to use public dollars to reward corrupt corporate executives were finally heard by the Republicans in Congress and about 94 Democrats opposed to their own leaders bitter partisanship attacks. If just 11 votes were needed to pass the bill why did Pelosi lose 94 from her own party?

For the moment the world witnessed the real strength of the American political system. No political party nor Wall Street is going to steal the banking system from public accountability nor hijack the American economy. Our Constitution remains intact and our country remains the strongest light in the world toward a true nation devoted to "We The People."

Monday, September 22, 2008

What the Hell is Happening on Wall Street?


What a week we just saw as the ship of state shipwrecked and in the process drug us all through the media frenzy and speculation only Wall Street and the media could generate. For a long time it seemed there was as much lying, distortion, misrepresentation and outright stupidity in the media reporting of the financial crisis as their coverage of the Obama versus Palin presidential campaign. No Freudian slip on that one.

Is it possible to summarize the complexity of what just happened to the American economy? Either we just saved the US and world economies with a pretty breathtaking rescue plan or, we just gave away more control of the US economy to the financial warlords of the world who have been controlling things for the past few centuries.


If the answer was the first then the villains of Wall Street have now been stopped, only a few hundred more insignificant banks should collapse, our government should make a profit of a few billion saving the banking system, and long term stability should return to our real estate and financial institutions. If we could figure out a way to throw out all the financial experts in the media who failed to be the watchdogs of the public interest for the past decades we would further strengthen our system. If we could throw out the Congress and the lobbyist corps sucking up to them it might even all work.

On the other hand, if the latter explanation is true, then we continued to have a government that is a puppet to much more powerful forces who can buy and sell all the nations of the world. The invisible power of this mysterious force that has operated in the shadows of the world the past few centuries is every bit as real as our media, our government and institutions.

However, even this force needs a source of life blood and that is the US so whether we are saving the financial systems of the world or saving the Masters of the Universe the result is probably about the same. Neither the forces of good or bad can afford to destroy our economic system. As we have witnessed first hand the past few days, as the US goes so goes the world.

The greed that forced us into this mess was prevalent throughout the world as the world was deeply involved in the US economy. They got too greedy, they forgot that if Americans aren't kept happy they will put an end to the gravy train. They compounded their problems further by using even more sinister techniques to try and save them from the mistakes they already made.





Thanks to a bewildered administration and comatose Congress, both seduced by lobbyists with endless piles of cash, the wizards of Wall Street spun a deeper and deeper web of deceit as the savings and loan groups, dot coms, home mortgages, oil and wheat futures and eventually the investment banks themselves fell prey and were milked of every last penny of profit from our financial system.

When it finally became clear that the Masters of the Universe on Wall Street were grounded on a foundation of quicksand the game ended and when the dust settles, and it will settle, and the economy has recovered and is back to serving as the cash cow again, no doubt the Masters will probably rise again and when they do we better be ready.

In the meantime the American public will be given stable banks and lower home prices. Lower gas and oil prices will return. Savings and pensions will be protected and jobs will be created. Inflation will remain stable and the stock market will again flourish. All of these things are the bones we are thrown for serving as the cash cow for the world. All of these things are the necessary progression of our historical cycles within our cultural evolution.




So how will this impact on the election? It doesn't matter. Whoever wins the presidency will be blocked from needed reform by an antiquated Congress who have been in office too many years to turn on the forces who keep getting them elected. No viable change will come until after the 2010 elections when the American public finally realizes that no president can be effective without a Congress willing to accept responsibility for past failures and embrace change. When the scoundrels are thrown out of office the change can finally be realized.



Liberal Media's Code of Omertà Fails to Silence Sarah Palin



The seemingly secret pact between the liberal media and the Obama campaign to block all news coverage and reference to Sarah Palin is failing if we can believe our eyes. It is failing because MSNBC, ABC, The New York Times and the host of other left-leaning media just don't get it, the people of America are not going to let the media tell them who to support.

This past weekend Sarah Palin held a rally in Florida, one of the critical swing states, and there was a virtual media wall of silence about the event. MSNBC had the audacity to only report Palin said "Goodbye to thanks but no thanks," a direct reference to the Alaska bridge to nowhere. Of course MSNBC would have been a little more honest if they said in the end Palin refused to approve the project. They might have been more honest yet if they told you Obama and Biden both voted for the bridge to nowhere but that is the truth and we know the American people aren't ready for the truth.

Not a word was mentioned in the MSNBC report about the rally in Florida, a rally in which the largest crowd to ever witness a vice presidential candidate gathered to see Palin. According to the local Fire Chief Mike Tucker over 60,000 people attended. Only Obama's convention speech drew more and the Obama campaign spent over $8 million to stage that event. Sarah Palin didn't have top spend millions of dollars to draw a crowd. The media did nothing to help make people aware of the event or let the rest of the world know what did happen.

Did I mention that Obama is running for president? The 60,000 screaming, chanting fans of Sarah Palin know all about the liberal media's policy of Omertà and how it is intended to help the liberal Democratic ticket. The people responded by turning out in record numbers. Now that is hard news. The idiotic efforts of the media to dictate the results of the election and protect the leftist movement in America so they can bring about a more socialist government will backfire and their coveted policy of Omertà is going to be drowned in a chorus of chants, "Sarah, Sarah."

Thursday, September 18, 2008

Could Palin Invasion of Privacy be Obama's Watergate?



Privacy in America is guaranteed by the Constitution and an invasion of privacy is a criminal violation with dire consequences which is why it seems odd how little the Obama campaign has had to say about the illegal hacking into Sarah Palin's private email, the posting of the stolen emails on the internet, and the fact the liberal media all seemed to have copies of the emails.

About 36 years ago another well financed presidential campaign that expected to win the election did something equally as stupid, denied it to the world, and then got caught in the lie later costing the winner the presidency. Back then the President was Richard Nixon and the break in was called Watergate.

Watergate was not about approving the act, nor even knowing about the act. Watergate was all about covering up the act for campaign functionaries whose enthusiasm to win at all costs made them ignore the laws. We are far better prepared to investigate this illegal act than we were 36 years ago and it is serious enough that the FBI and the Secret Service have already launched an investigation.

If the private emails of our presidential and vice presidential candidates can be stolen all those involved must be prosecuted. The Obama campaign denies involvement. Barack Obama claims he personally runs the campaign, he has said so as a claim of his executive experience during the campaign so we should give him the benefit of the doubt on both counts.

But if his campaign was involved in any way in the theft, in encouraging the theft, or the distribution of the stolen materials by notifying the liberal media where to find them and give them talking points on what to say about them, then he should stand ready to withdraw from the race in disgrace.

In watching the various liberal media outlets comment about the stolen emails they used almost the exact words as Obama campaign representatives dismissing the seriousness of the theft and turning attention to the fact Sarah Palin had a private email account. Then insinuating she must have had the account to hide things from the State of Alaska. How stupid is that? Nearly everyone in America has a private email account including most members of the media.

Why did the liberal media and the campaign spokespersons have the exact same script? Why did they raise the exact same issue? Why weren't they outraged by the invasion of privacy? And why did they keep looking at the emails in their possession? If the Obama campaign was involved in the theft or any of these following actions it is the most serious breach of faith possible to the American public and would only demonstrate that a secret agenda must be driving them, one called Big Brother, where the right to privacy will no longer exist.

In one of the true ironies of history, Julie Nixon Eisenhower, daughter of President Richard Nixon, who grew up in the White House, is a supporter of Barack Obama and gave him the maximum financial contribution possible in the primary election. You certainly don't hear much about her from the Obama campaign. We shall await the results of the federal criminal investigation.

Wednesday, September 17, 2008

Is Obama Really The One? The $440 Million People's Person



Everyone in America knows we are in the midst of a serious economic crisis. First came the Bear Stearns collapse and Barack Obama refused to take a position saying we should wait and see what happens. Then came the Fannie Mae and Freddie Mac bail out by the government and the Lehmann collapse not bailed out. That was followed immediately by the AIG collapse that was saved at the last minute by the Federal Reserve. Each time Obama said we should wait and see what happens though our economy was a mess because of Bush.

Now that sounds like a Harvard educated response to the series of events. Is that leadership? Is that how he intends to govern through these tough times? He did promise us tax breaks and tax increases, a whole lot of them. And Biden did attempt to clarify how they would create new jobs, through public works projects. Yet another form of federal welfare destined to create dead end jobs with no career path at a cost to the taxpayer of billions of more dollars.

Some say the twin mortgage companies of Fannie Mae and Freddie Mac are the root cause of what has happened. Well they were created by a Democratic administration and run by former Clinton insiders so I think that might be a Democratic problem that triggered the catastrophe. Some say a bill sponsored by Republicans that was passed in 2005 and impacted on the investment and commercial banks was the cause but that same bill was approved by 90 of the 100 Senators including the Democratic leadership.

For the past two years Nancy Pelosi has controlled the House and Harry Reid has controlled the Senate, presiding over Democratic majorities. If they control the Congress why didn't they fix the problems? In fact since they did control both the House and Senate why didn't they do anything the past two years after making all kinds of wonderful promises? Empty promises - broken leadership.

Now they want you to give them control of the White House as well. So how fiscally responsible is the candidate for president for the Democrats? Well, he is spending more than twice as much in the 2008 presidential campaign then anyone else in history, having already raised over $440 million. McCain has raised $190 million. And while he claims the largest donor base in history, the million plus donors don't get access to him.

No, the only contributors that get personal pictures with Obama and get to sip wine and get served by waiters in tuxedos are the Hollywood elite who pay $30,000 to have dinner with him. Now the price of the evening ticket to be with Obama is equal to 60% of the median annual family income in America, meaning the average family would have to work from January until July 15 to pay for a single ticket. If you want to take your spouse you will have to work 14 months for the tickets! The savior of the common people only dines with the richest of the rich, how Ivy League, how elitist and how disconnected with the common people he claims to champion.

While he sips wine in Beverly Hills we patiently wait for Obama to tell us how he will really help the people. While he dines for dollars, very big dollars, with Barbra Streisand and Bon Jovi at million dollar private parties people are suffering. While he waits to see how things work out before he takes a position Wall Street continues to crumble under the weight of its own corruption and greed. While he throws hundreds of millions of dollars at us to convince us he is THE ONE, people are fighting wars and digging out from hurricanes so there is an America left for someone to govern, but I am not certain what he has demonstrated is a convincing argument he is REALLY THE ONE.

Nancy Pelosi Really Believes We Are Stupid


Nancy Pelosi, the Democratic speaker of the House and the person most responsible for the passage of legislation in our nation's capitol has continued her leadership mission of destroying the effectiveness of Congress with passage of the House Energy bill which is as stupid as stupid gets.

Of course Pelosi is also the one that promised to change history in her first 100 days as the most powerful person in Congress. That was over 500 days ago. We are still waiting for the first action to change history and in the meantime the approval rating of Congress has deservedly sunk to its lowest point in history, just 9% of Americans approve the job they are doing. It should be the job they are not doing.

Now her Obama energy bill promised the world we would be energy independent but as with everything Pelosi does you better read the fine print. She allowed off shore drilling for oil but only beyond 50 miles knowing full well that the vast majority of oil reserves are between 3 and 50 miles.

She also required approval by the state for the drilling but did not share any of the oil revenue with the state. So why in the world would they approve anything? It was a joke, it passed on a party line vote, and her own Democratic leadership in the Senate already declared it dead. And wasn't that the purpose all along?

If we are ever going to be energy independent we must first drill a big hole and drop in Pelosi and the Democratic leadership but then we would be sued for toxic poisoning by Democratic class action lawyers hired by the DNC to cover up the broken promises buried with the Democratic leadership.

Or maybe we should just vote them all out of office.

Friday, September 12, 2008

Liberal Elitists of the World Unite - Intellectual Constipation Reaches Epidemic Proportions


Are all liberal media elitists and their army of mouthpieces intellectually constipated? There is a chorus of condemnation today toward Sarah Palin from everyone that hates Republicans, mothers, mothers with children, mothers with down children, mothers with sons in the war, religious mothers, feminists opposed to abortion, feminists opposed to fanatical feminism, conservatives, small town, Alaskan, moose hunting, oil drilling and whatever else the latest smear may be.

Wake up eggheads, Sarah Palin got it right, you got it wrong. The Bush Doctrine is not preemptive strikes as ABC News and Obama backers shouted all over the cyber world. The Bush Doctrine, if any of you have any interest in the truth, is the National Security Strategy of 2002 that identifies the US position concerning terrorism and includes four pillars in the struggle.

The four pillars include (1) rejection of moral relativism and commitment to fostering the spread of democracy in the Middle East, (2) treating terrorism proactively, on a global basis, and not as law enforcement issue, (3) willingness to engage in preemptive attacks against terrorists and terrorist supporting states, and (4) unwillingness to support a Palestinian state until Palestinian leaders "engage in a sustained fight against terrorists and dismantle their infrastructure."
Palin addressed the global view on terrorism, and she was right. She even asked Gibson to be more specific when he asked about the Bush Doctrine and he didn't change the question. Finally, he clarified his question, acting like a professor correcting a student, and said the Bush Doctrine was preemptive strikes. Guess what professor, wrong! You left out the other three pillars.

You also didn't correct Obama when ABC News on Rick Klein Reports asked Obama about the Bush Doctrine back on July 26, 2007. Obama said Clinton would continue the "Bush Doctrine" of only speaking to leaders of rogue nations if they first meet conditions laid out by the United States. No mention of preemptive strikes, no mention of the Obama mistake on such a critical national security issue and he was a sitting US Senator running for president.


Now are there dual standards in this race? Are female VP candidates expected to know what US Senators don't know. Can the news media simply call them wrong when they are right? Is there no requirement for the news media to check the facts? Perhaps the media madness that prevails within the Washington elite establishment should be cleaned out first.

ABC News Continues Media Efforts to Distort Palin Message


ABC News Charles Gibson introduced the first comprehensive news interview of Vice Presidential candidate Sarah Palin to the world with clips of how he was able to cause her to stumble in questioning over the "Bush Doctrine."

Perhaps this was his effort to appease the criticism he received from the liberal left of being too soft in interviews with the McCain ticket and reacquire "macho" liberal approval but the result was a blatant attempt to trick Palin.

Gibson, out of the blue, asked Palin about the Bush Doctrine. She immediately asked him to be more specific. As she attempted to explain he asked the same question several more times, never bothering to explain what part of the Bush doctrine he intended to address. Finally after she gave increasingly more detail about the Bush doctrine he finally asked specifically for her position on preemptive strikes against terrorist targets.

ABC promptly sent out the edited questions and the liberal media jumped on the exchange as more evidence of her lack of knowledge of foreign affairs. Well shame on you Charles Gibson, until now ABC had not joined the stampede of news outlets leaning to the left but you have reestablished your news credentials as a master of media manipulation and should get a standing ovation at the next socialist convention in America.

The truth, in case anyone cares, is the Bush Doctrine is a four pillar approach to terrorism in the world, exactly as Palin described. Preemptive strikes are one of the four pillars thus her request to him to clarify his ambiguous question demonstrated far more understanding of the Doctrine than ABC News. His repeated response of refusing to clarify it was clearly intended to make her look bad.

According to the book, yes books have been published about the Bush Doctrine, World War IV: The Long Struggle Against Islamofascism, Norman Podhoretz identifies the four pillars of the Bush Doctrine: (1) rejection of moral relativism and commitment to fostering the spread of democracy in the Middle East, (2) treating terrorism proactively, on a global basis, and not as law enforcement issue, (3) willingness to engage in preemptive attacks against terrorists and terrorist supporting states, and (4) unwillingness to support a Palestinian state until Palestinian leaders "engage in a sustained fight against terrorists and dismantle their infrastructure."

Palin was right in asking for him to be specific. Her answer was right about the Bush Doctrine being the worldview on terrorism. And once again Gibson demonstrated how the mainstream media in America is hell bent on distorting the record, words and experience of Sarah Palin. Oh yeah, when he finally asked the real question she nailed it like she did on all the rest.

ABC has already issued misinformation on the exchange trying to limit the Bush Doctrine to the issue of preemptive strikes but the Bush Doctrine was detailed in the National Security Strategy of 2002 for all the world to see and its odd ABC missed such an important document.

Finally, when the same ABC (ABC News Rick Klein Reports) asked Obama about the Bush Doctrine back on July 26, 2007 during a conference call to reporters, according to ABC Obama "said Clinton would continue the "Bush doctrine" of only speaking to leaders of rogue nations if they first meet conditions laid out by the United States." Clearly Obama didn't know what the Bush Doctrine was so in terms of truth, Palin 1, ABC News 0.

Perhaps when Sarah Palin gets to Washington her first mess to clean up should be the media as they are more tied to the lobbyists and special interests than the politicians.

Thursday, September 11, 2008

9-11 The Day America Changed


Today is the 7th anniversary of the 9-11 attacks and the deaths of over 3,000 Americans in our first taste of a coordinated terrorist attack on our soil. I worked in NYC during the 1993 bombing of the World Trade Center and the 9-11, 2001 destruction of the World Trade Center.

On my way to a meeting with journalists in 1993 on the 15th floor of the Trade Center, I got no further than the lobby when the explosion underground prevented further access. On 9-11 I was working at home in New Jersey, in Atlantic Highlands directly across New York Harbor from Wall Street and the Trade Center.

From where I lived you could see the buildings and smoke when suddenly all of lower Manhattan disappeared in a dense cloud with the collapse of the buildings. It was a sight I will never forget. I hope all Americans join me in honoring the heroes of the NYC Fire and Police Departments, the 3.000 victims and families of the victims. Over 100 children were born after 9-11 to widows who lost husbands in the catastrophe.

Letters to the Editor on Biased Media

We love getting comments on the stories and the latest comment concerns media bias asking why we don't point out the right wing media bias like we point out the left wing bias. A good question as media bias is media bias no matter which way the pendulum swings.

However, in the past two years we have pointed out many instances of right wing media abuse against Barack Obama showing that true journalism in America is a lot closer to being dead than we might think. Truth is even the left wing media took many unfair shots at Obama in their frenzy to get Hillary elected.


With the era of the blogger regular news organizations have insulated themselves from responsibility for many stories that would never meet the test for objective journalism. They do this by using blogs to front for them by running unsubstantiated stories, rumors and outright lies.

That said, I would like to ask readers to help me compile a more complete list of biased media from both the right and left fringe, sites that are prone to publishing without validation and whose agenda is not reporting news but promoting their beliefs.

In earlier stories I have identified the following as some of the right wing media, FAUX, or Fox News Network, Rush Limbaugh, Glen Beck and Hannity. Other shows include Fox and Friends.


Left wing media includes NBC, MSNBC, CNN, Olbermann, Matthews, The Washington Post, The New York Times, NPR sometimes and Time Magazine among others. Since the media is dominated by the left wing there will naturally be more. However, I do not waste time with biased blogs as there are hundreds for each side and to mention them is to not really serve the public interest.

I am asking you to send me your additions to the list of purveyors of false truth so we can keep a running record of who not to trust in our nation's media. Actually, you can trust them to sell their own agenda and if you believe their agenda that is your right as an American but these groups hardly qualify as objective media and people need to know it.

Let me know who you would add to the list.

Wednesday, September 10, 2008

Obama Says Governor Palin Not Experienced to Lead Nation


Barack Obama has challenged the experience of Sarah Palin, governor of Alaska, saying being governor is inadequate experience to be president of the US even though Palin is running for vice president, not president. But she will be a heart beat from the presidency so we can accept his hypothetical claim.

To make such a claim, the Obama campaign and the entire biased liberal media echoing the same propaganda surely must be suffering from temporary memory loss. The governor is not qualified to be president? Can animosity be so blind? Having been in many campaigns I know it is not the candidate but the campaign staff that undertakes these missions so I do not hold the candidates totally responsible.

The truth. In the last 32 years a former state governor has served as US president during 28 of those years! Four of the past five US presidents were governors including the last two Democrats to serve as president. Bush, Clinton, Reagan and Carter all went from the statehouse directly to the White House and the American public had no trouble entrusting the future of the nation to them.

Fact is whenever America faced the darkest hours the voters turned to the governors to save the day, not the professional politicians in our nation's capitol. In modern times former governor Teddy Roosevelt became the youngest president in our history in 1901 when President McKinley was assassinated and Teddy helped us through economic chaos.

Former Governor Wilson guided us through World War I while former Governor Franklin Roosevelt brought us through the Great Depression and World War II. The Cold War was brought to an end by former Governor Reagan while former Governors Clinton and Bush drove the ship of state through the era of rampant international terrorism.

In total 18 former governors beginning with Thomas Jefferson went on to serve as president of the US, 42% of all US presidents. Four of the past five presidents were governors. So before anyone states that governors are not qualified or able to run the United States perhaps they better take a refresher course on the history of the US. In America the will of the people decides who has the necessary experience, not the claims of the candidates or the wayward whims of the media.

Tuesday, September 09, 2008

Major Historical Milestones Reached by Pro-Abortionists - 50 Million & 1 Billion Barriers Shattered



The pro-abortion movement in America has reached several major historical milestones which should be recognized by those members of the liberal and social left. This year, 2008, just 38 years after the passage of Roe versus Wade, a golden moment has been achieved as 50 million abortions have now been performed in America since the passage of the federal law.

Perhaps more staggering is the fact that there have now been over one billion abortions performed in the world in the period of 1920-2008 according to estimates of the United Nations Population Fund. That means total abortions equal over 16% of the entire population of the world.

The total abortions performed in America between 1973 and 2008 according to estimates from the United Nations Population Fund (UNFPA) and "The Global Abortion Summary" by William Robert Johnson is now equal to the total abortions performed worldwide in a single year, yet another major milestone. The United States now performs 3.7% of the worldwide abortions annually.

With the Democratic party (Nancy Pelosi Democratic House Speaker) and presidential candidates Barack Obama and Joe Biden in the forefront of protecting abortion rights it remains one of the most sensitive political issues of the year. Recent efforts of the media and liberal organizations to condemn the Republican candidates John McCain and Sarah Palin for opposing abortion have intensified interest in the issue.



The success of the pro-abortionists in America can best be understood when you realize that the total abortions performed in America is nearly equal to the entire 2000 population of the country of England or the country of France.

Palin Stops Obama's Bridge to Nowhere


Chris Matthews & Keith Olbermann - Liberal Dobermans Protecting the Left

The NBC team of Dobermans self-appointed to protect the liberal left, Matthews and Olbermann from MSNBC, continue as stalking horses for the Obama campaign even after their network banned them from future campaign coverage because of their radical views.

Today, incensed by the Sarah Palin ability to power McCain into the lead, they have resorted to lies, innuendo and distortions on their cable programs to rally the socialists to the cause. Unable to find any facts to support their character assassination of Sarah Palin, they are trying to raise issues intended to upset the voters.

Under the guise of "character" they claim Palin lied regarding her views on the infamous "bridge to nowhere" in Alaska, as if a non-existence bridge is the final determinant in a persons career in public service.

According to the leftist propagandists Palin supported the pork barrel bridge project before she became governor and then opposed it after she became governor. Curiously Obama used the exact words the very same day to attack Palin.

Of course Palin never did support the $400 million bridge project to a very small island but did support a "link" to the island. The pork barrel advocates translated a link into a $400 million boondoggle when all Sarah Palin wanted was a ferry service to link the island to the mainland. Once she was made aware what they did she fought the wasteful project.

Two gross distortions from the liberal left including Obama. Palin never supported a $400 million bridge and the governor of any state does not create pork barrel projects. Only the US Congress, the House and the Senate, can create such projects.

So just who created the $400 million boondoggle? A senator from Alaska and it was approved by the US Senate. And who actually voted for the project, Senator Barack Obama, not Governor Sarah Palin. It was part of nearly $1 billion in pork barrel projects approved by the free spending liberal Barack Obama in Congress. Did I mention Congress is controlled by the Democrats?


The only question left in this campaign is who will win the hearts and minds of the American voters? Will it be the mud slingers from NBC and the leftist elite or the gun slinger from the Alaska backwoods?

Monday, September 08, 2008

Something About Sarah - Our Radical Elitist Liberal Socialist Media Don't Understand


So is America really inundated with a radical, elitist, liberal, socialist media? Do these seemingly ruthless people use the right to free speech to advocate socialist causes? Do they want us to think they are providing a fair and balanced view of the world and politics? Are they using yellow journalism, smear tactics and biased reporting to cover media sensation Sarah Palin? Of course.

Unfortunately for the strategy planners in our elitist media they are completely out of touch with mainstream America so they have thus far managed to make fools of themselves with their double standards, senseless whining and wholesale massacre of decency and honesty in reporting. And while they are sipping their lattes and raging about how McCain is hiding Sarah Palin from them, little Sarah is kicking their butts from here to Moscow in the polls.

All the while these self-appointed egomaniacs who were so smug in shoving Barack Obama down the throats of American voters are choking to death at the sight of a moose hunting mama from Alaska who has survived the firestorm from the media and quietly driven McCain to a ten point lead in the polls.

There is something about Sarah all right and it scares the media stars to death. Little Sarah has managed to connect directly with the American public thus stopping the media from being the only source of information for the people. They have never witnessed a media sensation that does not need them to interpret, package and manipulate their story.

Her agenda violates their code. She opposes corruption, extravagance and waste which is contrary to their lifestyle. She thinks it is okay to have a happy family life, be a mother and love her husband which certainly violates every code of conduct for the Hollywood and east coast elitists. She opposes abortion but doesn't make a big deal of it.

She is optimistic which means she doesn't need a briefcase full of prescription drugs to make it through the day. She is popular even though she doesn't have a manicurist, pedicurist, hair stylist, personal trainer and analyst. She buys her clothes in retail stores. She drives herself to work. She laughs and smiles too much.


She raised the money to pay for her own college through beauty pageant scholarships. She joined the PTA to improve education. She ran for mayor and governor to fix problems in politics. And if all that isn't enough she is a successful small town politician, small town businesswoman, small town mother and life long member of the National Rifle Association.

You would think someone with all those attributes would appeal to the women's lib groups, the equal rights and freedom of choice groups. But no, they really didn't mean liberation for all women, choices for all women or equality for all women, just those women who passed their litmus test and embraced their socialist agenda.

Sarah Palin has held a mirror into the face of the supposed leadership of our media, women's issues and pretenders claiming to be defenders of our freedom and rights. The hysterical reaction of these people to Sarah is nothing more than the horrifying reaction when peering into the looking glass and seeing the hypocrites these people have become.

Oh yes my friends, there is something about Sarah. A light in the darkness, a ray of hope in a storm, a candle in the night and a source of comfort for those in need. Sarah represents the strength of who we are and could be and not the image of who we aren't and don't want to be. If I were the elitist media I'd be running for cover before Sarah starts firing back.

MSNBC Keith Olbermann Meltdown



One of the more interesting sideshows of the DNC and RNC Conventions has been the on air meltdown of MSNBC Anchor Keith Olbermann. Olberman is a reporter so caught up in the socialist platform that he wants the network to be known as the Obama network, he wants all Republicans banned from the network, and well, NBC better have a room reserved for him at the psycho ward because that will be the next stop on his notorious career.

MSNBC, the 24 hour a day flagship of NBC is rapidly distinguishing itself not for quality reporting but for rampant infighting, over-inflated egos and a new socialist agenda. The people know it as the network that has watched their Nielsen ratings disintegrate in just two weeks. Expecting to lead political coverage of the conventions, it took just two days for the floor to drop out from MSNBC as they finished dead last in convention ratings.

The on air meltdown was led by MSNBC host Keith Olbermann with more than a little help from analyst Chris Matthews. Olbermann and his open warfare tried to stop Republicans from being part of his news show and part of the panel of analysts, and even tried to stop Tom Brokaw, the last ray of objective hope for NBC network from appearing.

Olbermann complained constantly about his lack of security protection in Denver as if anyone had threatened the big mouth. When he got to St. Paul things deteriorated. His paranoia reached a peak when the first day of the convention was cancelled because of the hurricane in Louisiana and Keith fled back to NYC. He then refused to return to the convention saying he would stay in New York and cover hurricane Hanna which never hit NYC.

So there he was, hosting St. Paul convention coverage from NYC, presiding over the greatest collapse in ratings from week to week possibly in history. His ceaseless rantings about the Republicans and raging about Sarah Palin never let up and when he told his national audience that the film honoring the 9-11 victims at the GOP convention was in such poor taste that he had to apologize to the world that his network even allowed it to air, well that about did it.


Now that Sarah has powered the GOP into the lead Olbermann must be in a straight jacket and today NBC finally stopped trying to cover up for the idiot and announced Olbermann and Matthews would no longer be part of network political coverage during the 2008 election.

Good thing too as the network was in danger of being known as the Obama Network and slipping from liberal to socialist to NBC, the National Bureau of Communism? This is exactly what is meant by the elitist liberal media.

Whew!

Thursday, September 04, 2008

Sarah Palin New Media Star



Well the elite media may hate her but America has come to her defense as Plain Sarah Palin stunned the elitists by capturing over 37 million viewers on television last night at her coming out party according to the latest Nielsen overnight ratings.

Obama's cornation at the Democratic convention broke all the old records for viewers as Joe Biden drew 24 million viewers, Hillary Clinton drew almost 26 million viewers and Barack's rock concert at the 80,000 seat stadium drew 38 million viewers.

So how in the world did the hockey mom from moose country who emerged from the Alaska frontier just five days ago have just 1 million fewer viewers than the most promoted, visible and exposed (over $150 million has been spent on the Obama campaign) candidate in Democratic party history?

Guess what? The elite media put the Obama lovefest on ten national networks while the country girl was only put on six networks, yet another example of media manipulation and still she nearly toppled the reigning king of political media.

If you believed the media Obama should be running away with the election. Based on spending and exposure he really should be. But what is the truth behind the numbers?

Annie Oakly from moose country nearly equals his record for the largest political television audience in history on four less networks. A week ago no one even knew her.

Obama has captured about 18 million votes while spending hundreds of millions of dollars over 18 months while Sarah has spent a week in the public eye being mauled by the media.

Obama is the darling of the liberal media, yet just 21% of American voters are liberal, 45% are moderate and 34% are conservative.

While Obama captured 18 million primary votes, so did Hillary Clinton. There will be about 125 million votes cast for president this year which means 107 million have not voted for Obama this year.

Registered voters are split about 37% Democrat, 37% Republican and 26% Independent.



In spite of the best efforts of some media to discredit Sarah Palin the country girl managed to become a media star matching the star power of the mighty Obama in her first week of exposure to the American public.

Well now we have a real election. No matter who wins history will be made. For once the media elite will be on the ballot through surrogate Obama. And once again the American voters, Joe Six Pack and Soccer/Hockey Mom, will determine the future of the world.

GOP Convention Stuns Democrats and Liberal Media Partners


Tonight Sarah Palin made her long awaited speech to the nation and from the minute she started talking the reaction of the liberal media and Democratic analysts told me all I needed to know. The small town mayor and governor from Alaska may well be the Achilles heel to the liberal hopes to sweep the election this year.

What is it about a media that thinks lies, insults, distortions and smear campaigns have any place in America? The biggest loser this election year is the media, and journalists in general, who have forgotten their responsibilities to report the news and not make the news. There is no objective news being reported in America and the colleges and universities seem to be hell bent on turning out media stars and power brokers, not defenders of the truth.

Of course both the liberal and conservative media suffer from the same ego driven disease, foot in mouth syndrome, and they certainly don't get it. People are seeing through the crap being dished out in the endless news shows and cable forums all being done in the "public interest". I don't need some socialist telling me what I need. Now I don't care if a socialist reports the news as long as they can be objective but they don't even know what that means.


Reporters are more interested in becoming media stars in their own right so they can make the killing selling books and other works of nonsense and become analysts spouting even more of the silly opinions that penetrate their stories.

Broadcasters are licensed and the license says they will report news, not propaganda. America has moved a giant step closer to the media that functioned under the Soviet Union. They got their people in power, then eliminated the opposition. In the end the Russian people knew the media lied and the lies would soon bring down their empire.

Here in America today the lies being told by the mainstream media are blatantly obvious. People are seeing the truth as every year fewer and fewer people watch the nonsense. It is a sad state of affairs and one with little evidence it can be corrected.


Facts are ignored and untruths are published. Causes are pursued, people are smeared, social and moral issues are distorted and manipulated yet the reporters actually keep a straight face throughout the performance.

The media is this year's biggest loser. If we are not careful, the people will be the next biggest.

Sarah Palin, Governor


Wow, McCain nominates a woman governor, Sarah Palin to be vice president and the democrats and liberal media come unglued. So for the record you members of the left including the folks at NBC TV, CNN, NPR, The New York Times and every other hotbed of socialism say a governor is not qualified to be president.

Well the media and liberal left has certainly ignored recent history to make such an unsubstantiated claim in order to smear the new VP candidate. Where in the world have these experts been the past 32 years? During that time governors with NO federal experience have been elected President of the United States by the American electorate in 28 of those 32 years. Four of the past five presidents have been governors with no federal experience.

That's not all. The federal government has 2.7 million employees, the governors have 5.1 million. The feds spend 2.5 trillion while the governors spend 1.7 trillion. Hummm. Twice as many employees at the state but half the spending. Perhaps the governors know what having a balanced budget means. And just so there is no misunderstanding, Congress is controlled by the democrats, not by Bush.


So now the first female governor to be nominated comes along and suddenly governors are not qualified to be president? What about Reagan, Clinton, Carter and Bush? Maybe the liberals don't think governors can handle it but the American voter sure knows better.

Speaking of the eastern liberal media in America, they should also remember that no eastern president has been elected in 48 years. What the socialists say is good for America is not what the voters think. Don't know what they put in the water out east but it sure isn't democracy, individual rights and freedom.

I think the rush to bury Sarah Palin is a huge tactical mistake by the liberal media and the more liberal democrats.

Friday, August 22, 2008

Who really Controls America? The US Government or Big Money?

This past week has seen an amazing display of courage by some and arrogance by others as the economy has tried to stabilize after the incredible series of events including fraud, mismanagement, manipulation and greed that has contaminated the US economic system.

Take for example the case of Goldman Sachs, one of the largest investment banks on Wall Street and in the world. For months their financial analysts have been downgrading banks, investment houses and companies driving stock prices down while at the same time other Goldman analysts have been driving the price of oil futures through the roof as explained in a recent CPT article.

A little over a week ago an analyst from Deutsche Bank in Germany downgraded the rating and value of Goldman Sachs citing exposure of the banking giant to credit weakness. He was joined by another analyst from Oppenheimer & Company. The result was a 6% drop in the stock value of Goldman the same day from a previous high of $178.00 to $167.30.

In the next few days analysts from Ladenburg Thalmann and Thomson Financial joined the field downgrading Goldman who thought they had avoided public notice of their credit problems. By Wednesday, August 20 shares in Goldman went for $158.25, a loss of $20 a share in little over a week.



The next day Citi Investment Research projected additional asset problems for Goldman Sachs, Lehman Brothers and Morgan Stanley due to credit problems yet to be reported by the giant firms and the stock dropped to $156 a share, a loss of $22 per share and a bit too much for the Goldman gang to stomach.

The next morning Goldman declared the price of oil, which had dropped to $114 per barrel from $149, would spike back up to $149 before the end of the year in what could be considered a last desperate attempt to stop the downward spiral of their stock and drive it back up. Of course Goldman is one of the largest traders of energy and oil stocks in the world and a temporary oil price spike might help refill the coffers.

Oil did indeed spike the next day by an astonishing $6.00 a barrel, a huge daily profit for a firm that might have a few trillion dollars at play on oil futures, while the stock market was being driven down nearly 400 points in two days because of the credit crisis. Fortunately, after one day of temporary insanity on Wall Street a calm Warren Buffett was on television Friday morning telling the world a whole different story and the stock market shot up 200 points while the oil price had the largest one day loss in years, over $6.00 to completely wipe out the Goldman hike of the day earlier.


Goldman has made the following oil price forecasts this year. December 2007 oil projected to reach $105 in 2008. May 2008 oil projected to reach $141. June 2008 oil projected to reach $200 by year end. August 2008 oil projected to reach $149 in 2008. Oil did indeed reach a record high in 2008 being pushed to $149 a barrel and driving gas, diesel and heating oil right through the roof.

The huge houses like Goldmans might have made billions in profits on oil using a variety of strategies like ownership of the futures market, commissions off stock sales, and a host of alternative financing schemes outside the regulatory control of the government including institutional funds and swaps. For the first time this year Goldman did not get its way and drive up the price of oil for longer than a day. One can only hope they were in and out of the market fast enough to make a killing overnight or their own strategy might have backfired and cost them in futures contracts.

Now who really controls America? Did I mention that as of August 22 Goldman Sachs people have given $456,702 to the Barack Obama campaign and $174,820 to the McCain campaign. Before you think Obama receives twice as much money from financial institutions as McCain consider this. During the entire campaign people from the financial sector including Wall Street have given a total of $22.4 million to Obama and $21.6 million to McCain. I wonder how they classify that investment?

Here is how Goldmans rewarded employees last year and what they will be missing this year. The following appeared in a New York Post story by Paul Thorp, December 19, 2007.



Toiling at profit powerhouse Goldman Sachs is so lucrative that even a secretary's bonus can exceed Gov. Eliot Spitzer's whole $179,000 paycheck.

As the Wall Street giant yesterday celebrated its fourth-straight year of record profits - despite a general wipeout at most banks - Goldman Sachs was also jubilant over the record bonuses it's handing out in early 2008.

Overall, Goldman will pay employees a total $20.19 billion in pay and bonuses, or an average $661,490, up nearly 23 percent from $16.46 billion a year ago.

While the average is only a statistical snapshot, the real bonus packages - to be distributed in the first quarter of next year - are equally impressive, ranging from around $3,000 for a mailroom clerk to $20 million for top bosses.

"It's not unusual for an administrative assistant or a secretary of a very senior person to get more than $200,000," said Alan Sklover, a compensation lawyer who represents Wall Street executives.

"There's a great value for someone who gets you on the plane in the middle of the night and plans your daily life," he said.

"The higher up the boss, the bigger the bonus for his support staff, which at Goldman Sachs is often paid by their bosses of out of their own bonuses."

With Goldman the envy of Wall Street as the only bank awarding any big bonuses, the formula of how the $12.1 billion pot of bonuses alone is distributed is based on two principles: favoritism, and how much profit your department generated, experts said.

A junior trader who helped Goldman keep ahead of the rest of Wall Street rivals could expect to get a bonus of between $500,000 and $2.2 million - on top of their regular pay. A more senior trader would get up to $3 million or more.

CEO Lloyd Blankfein is expected to reap up to $70 million in pay, stock and bonuses.

"Its hard not to be a Goldman executive and walk away a multi-millionaire," said Sklover.

Vice President Picks by CPT

The Coltons Point Times has already offered the best running mate for Barack Obama, Sam Nunn from Georgia. We stand by our choice and are confident he would greatly enhance the Democratic ticket because of experience, leadership, knowledge of foreign and economic affairs and ability to step in as President if necessary.





As for the Republican ticket, we believe McCain should pick Mitt Romney of Massachusett, a successful buinessmen and governor and expert on the economy whose youth and energy will complement McCain.








Both candidates will greatly aid their respective tickets and the US will be assured of a strong, responsible, moral ticket to lead our nation. In the next few days we shall see.

Oil Price Speculation - Who do you believe?


For the past two years the Coltons Point Times has been investigating and raising the alarm about the federal rules changes that allowed oil futures to exist and then to be less regulated, that allowed electronic futures purchases from the futures exchanges, and that allowed electronic foreign purchasing of futures on American commodities markets.


We pointed out the failure of the Commodities Futures Trading Commission (CFTC) to monitor and regulate the futures industry and the need to commit federal resources to investigating links between investment houses losing billions in sub prime mortgage markets and the same houses using alternative investment techniques to manipulate the multi-trillion dollar institutional funds and drive up the commodity prices.


In spite of denials from the financial analysts, government, Treasury and oil industry that such practices were being used, the CFTC finally launched an investigation in late May and on August 21 The Washington Post published an article saying evidence of widespread speculation possibly involving over 80% of the contracts sold on the New York Mercantile Exchange have been discovered in the preliminary investigation.

Of course the CFTC and Wall Street are saying The Washington Post is wrong but Wall Street has tried to cover up every scandal by the financial Dark Angels of Wall Street that stole blood money from American and world citizens including the schemes since 2000 resulting in about $35 billion in fines. As for the CTFC, if they were doing their job we wouldn't be in this mess in the first place. But I love it, who do you want to believe, Wall Street and the CTFC or The Washington Post?

The same giant investment houses responsible for the sub prime disaster manage your money, the institutional funds of America. These are the mutual funds that target persion funds, endowments, and other high net worth entities and individuals. Institutional funds usually have lower operating costs and higher minimum investments than retail funds. Often their main objective is to reduce risk, so they invest in hundreds of different securities, which makes them among the most diversified funds available. They also do not tend to trade securities very often, so they are able to keep operating costs to a minimum. Although in the past investors typically needed at least $1 million in order to invest in an institutional fund, nowadays some discount brokers offer access to these funds for smaller amounts. (Definition from InvestorWords.com.)

A capital pool of up to $35 trillion to $70 trillion may be in these institutional funds. Now this includes your retirement, insurance, IRA, 401K, and even investments if you have deep pockets. Since you may be like me and have trouble grasping the size of a trillion dollars, let alone 70 trillion, just remember that the total size of the dreaded US National Debt is $9.6 trillion, meaning the institutional funds are a heck of a lot bigger than the total national debt.

This morning Becky Quick of CNBC, a young up and coming reporter and favorite of billionaire Warren Buffett did a three hour interview with Warren that should be required viewing for everyone in America and on Wall Street. This Midwestern born financial reporter was excellent while Buffett, in his typical low key Nebraska style offered wisdom so powerful that the stock market went up over 100 points and the oil prices dropped over $2 just during the time of his interview.


Stay tuned. As Warren Buffet, our favorite financial guru known as the Oracle of Omaha and the richest man in the world says, "You only find out whose been swimming naked when the tide goes out. Well we found out that Wall Street has been kind of a nudist beach. There has been one discovery after another of firms that either didn't know what they were doing or did things they shouldn't have knowingly."