Difficult to believe that the market will do well as housing prices continue to fall...

Mayor Bloomberg of NY asked me to stop talking yesterday. I wonder what he mean? Is he just tired of my ramblings or is he threatening me ? He owes me an explanation.

Mr. Soros is undoubtedly correct. Meanwhile, Mr. Paulson claims that the end to our financial dislocations is in sight. We're adults, so I for one would expect for him to lay out the case for his optimism. What resolutions are taking place regarding mortgage insurance companies, foreclosures, falling Fannie and Freddie, repayment of the "short-term" loans being advanced by the FED (on the taxpayers' ticket) to banks investment banks, credit default swaps, here and abroad, SIV's, CDO's, MBO's, the falling dollar and the burgeoning trade deficit, skyrocketing oil, gas and food prices, etc?

This economy is very versatile no one can tell whats going to happen, even with the housing crisis

If anyone believes what Secretary Paulson says, I would like to show him/her my beach front propertry in Nebraska

At the risk of being tried for heresy, by my own party (R), I believe that it's time for an American Renaissance. By that, I mean that it is high time for us to begin the job of improving America's infrastructure. Roads, bridges, sewers, the grid, everything. Defense spending is eating us alive. If we do not begin to train workers, encourage projects and get over our fears of Mexican invasion, Al Quida, asteroids, steroids and other divisive distractions, we are going to rot from within. Workers make America work and if we aren't willing to do the work, then we'd better start offering incentives to those who are able and willing to do so. Twenty years ago, when I first visited Detroit, it looked like a mess. Productive work is what inspires minds, builds bodies, feeds families and generates real wealth. Unless you plan to move abroad, then you have a vested interest in improving our country. The only other solution is to expand the military and start conquering other lands. Admittedly, I may be exaggerating, but twenty years have passed and I've heard that Detroit is still like a third-world country. We can save the world, after we save ourselves. It will still be there and who knows, maybe it will do better without all of our assistance.

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