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"Straight Talk" about the Markets


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If you really want to make people safe drivers again then simply remove all the safety features from cars. No more seat belts, ABS brakes, traction control, air bags or stability control. No more anything. You'll see how quickly people will slow down and once again learn to drive like "normal" humans.

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<embed width="448" height="361" type="application/x-shockwave-flash" wmode="transparent" src="http://i80.photobucket.com/player.swf?file=http://vid80.photobucket.com/albums/j162/girlperson1/Videos/straighttalk.flv">

Sadly true, but funny nevertheless.

Individual investors need to realize that an Investment Advisor's first obligation is to make money for his employer. That's not too hard to understand. Secondly, and ONLY secondly, he needs to keep you as a mark, er, umm, client.

Regards,

Warren

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There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. - Ludwig von Mises

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