Tuesday, June 19, 2012

Boxing Lessons With Erik Kelly

Your career as a successful boxer has suddenly come to an abrupt end.

So in early 2007, you bought an over-priced home thinking you could quickly flip it for a profit. But, by late 2007 you found yourself underwater, fooled by Wall Street and all of the financial "experts" telling you that the economy was on sound financial footing. Then in early 2008, you lost your life savings after investing in their much-heralded stock picks.

Now your mad as hell and looking to get even. So, what do you do?

You become a boxing coach to the miscreants who led you into that mess.

Saturday, June 16, 2012

Weekly Wrap

Like I said before, this is only a temporary pullback.

Once investors realize that the Fed and their European counterparts won't allow failure, the S&P 500 will be right back where it was at the beginning of the year.

Wednesday, June 6, 2012

Is The U.S. Financial Sector Criminalized?

Since my opinions don't seem to carry much credibility, I thought I'd post this video excerpt of Tavis Smiley asking the tough questions to an unconventional, but highly-acclaimed filmmaker, Charles Ferguson, who won an Oscar for Inside Job, his film on the financial crisis.

Watch the entire interview on Tavis Smiley.