There is more to it than just this article, but Charles Gasparino is correct.

Saint Warren’s dark side: Ugliness the media overlook

I am a Bears fan, but since they failed to make the playoffs due to injuries, I love rooting for the underdogs. This was alot of fun to watch.

Here is an article about the MF Global debacle and how the CME is involved in proving Corzine’s wrongdoing.

I am a Bears fan, but this was awesome. This is the final play of an epic 95 yard drive where Tebow accounted for 92 of the yards.

I am in a holding pattern right now investment wise. I do dabble a little here and there. For example, I bought RIG at roughly 52 a bit ago and sold today at roughly 56. I still like it for the long term as well at these current prices. I am not interested at going into anything real heavy right now. I am just holding what I have. I expect for the most part to be in this holding pattern until next year.

It is remarkable how low US Treasury Yields are right now. We are talking about lows in yields that haven’t been seen since the 40′s and 50′s. I am watching it closely, and you should too.

Here is what I wrote on March 6, 2009.

Here is a quick prediction for you.

Obama’s radical spending/deficits will lead to a  legacy of trillions in new debt that will result in the USA bond rating being reduced from AAA by the end of 2011.

Think I’m crazy? Wanna bet me?

We were just downgraded last night August 5, 2011 by S&P.

http://michellemalkin.com/2011/05/31/chart-of-the-day-america-the-dependent/

http://iowntheworld.com/blog/?p=60214

As you can see, over roughly the last year China’s holdings have stayed flat, Japan’s have increased slightly, and our friends in the United Kingdom have increased their holdings significantly. The data is updated periodically on the treasury website. This chart is using the latest data released by the treasury on January 18, 2011.

http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt

(The data at the above link changes periodically, but it can always be found there)

(h/t c4p)

Merry Christmas!

I have not posted much lately because the last QTR of every year is usually when I unplug a little.

Almost on cue, today the Dollar is rising and taking the DOW down as a result. This is not healthy long term and is a serious problem. Stocks going up with a worthless dollar is pointless as is a strong dollar with stocks worth nothing. Eventually, there needs to be some stability in this relationship for long term prosperity. They do not need to rise together all the time, but what we have now is just not going to work for long term economic prosperity.