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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (114361)7/5/2008 11:59:47 AM
From: longnshort  Read Replies (1) | Respond to of 132070
 
What is hate radio ???? NPR ?



To: Knighty Tin who wrote (114361)7/5/2008 12:02:18 PM
From: Tommaso  Read Replies (1) | Respond to of 132070
 
This week's Barron's is full of bear market stories.

Abelson leads off with a couple of paragraphs that come close to describing my market positions.

"It was, as Dubya might put it, a heck of a month. But that doesn't quite convey how very distinctive and how awfully bloody it was. Great for ghouls, vampires and short sellers. Bad for just about anyone else with a pulse who happened to own as much as one solitary share of stock.

Of course, if you had invested your dough in a nice little oil well somewhere you probably feel like a million bucks and your net worth must feel even better. Or, if you were one of those dastardly speculators who, sneering all the while at the world's hungry millions, took a flier on wheat, while steering clear of zinc, June was a positively lovely month."

The one thing he does not mention is gold. I am continuing to add to my already profitable positions in PMPIX, the 150% leveraged miners' fund based on the DJ Precious Metals Index. If the dollar were on even a quasi gold standard I would just put money in the bank, but now it's the dollar itself that is a certificate of confiscation.

And people go on holding long treasuries . . .



To: Knighty Tin who wrote (114361)7/9/2008 2:30:01 PM
From: Thomas M.  Read Replies (2) | Respond to of 132070
 
I spent several years watching a lot of Fox News. I watched the daytime news, the evening debate shows, the weekend report with Chris Wallace, the hard right/moderate right debate with Kondracke/Barnes, RedEye, etc. For some odd reason, the only thing I didn't watch was their main news show with Britt Hume. I saw it a couple of times recently and I was shocked at how biased it is. I was genuinely shocked. It's not hyperbole to say that it is very similar to the news segment at the beginning of the 700 Club.

I consider Lou Dobbs' show far superior to Fox. His show is very biased but principled. Fox is just Neocon and Republican Party propaganda.

Tom