I would like to congratulate all my fellow taxpayers, our stockbroker UNCLE SAM SECURITIES decided to purchase for us Freddie and Fannie!!!

Whoo Hoo!!! There is nothing like a failing mortgage debacle, yielding zero in ones portfolio. Thanks Uncle Sam!


I do not fault Henry Paulson for his decision. When one has a category five hurricane bearing down on, you evacuate. Paulson did not want to be the next Ray Nagin. I am doing many interviews on this situation today and over the next several. So much for a couple days of rest and relaxation.

I will be covering this extensively in the September newsletter.

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