Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Tuesday, June 23, 2009

Not that...

you need to be warned about what a Piece of crap Socialist/Marxist/meritocrat I am..

Give it a name...

it was good to see Obama talk about how insurance companies have a business plan of

"Take Premium, Don't pay Claim" Business model...

One may hope that this Shitty stupid Business model will go the same way as the

"Planned Obsolescence" business model of the American car companies....

I'm just talking REAL CAPITALISM HERE...

where this foolish greedy nonsense bites the Corporations in the ass... and prices them right out of the market....

Market insurance ... could work... just like a market auto companies do... but will one of them be able to weather the storm of the criticism... of... you know....

providing a service for money....

as opposed to not providing a service for money...

2 comments:

Tony said...

Quite a few materials and energy shorts near the top of T.Lo's daily list. Momo for these shorts may have peaked.

Eric said...

good to know....

people may not want to play until the fed announcement.

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

cnbc