The Mogambo Guru says the Russian media is on the right track in proposing the reintroduction of gold-backed currency. Bank in the US, the Fed and US Treasury are wasting hundreds of billions of dollars trying to ‘fix’ the financial crisis. This will cause the dollar to lose value over time. And if exporting economies like Russia start to dump the dollar for another currency or gold, the buck will be doomed…

In short, those crafty Chinese, a fifth of the world’s population, may be getting ready to issue a gold-standard money, which will instantly make their currency the strongest in the world…

Right now we have greedy, lying, thieving, staggeringly stupid weenies owning the banks, and tomorrow there will just be two more big banks owned by greedy, lying, thieving, staggeringly stupid weenies! Hahaha!

Now that aggregate government spending is approximately half of all spending in the country, the major point of all the recent losses is the effect that Florida, like many states, is discovering to its horror that tax revenues are falling as the economy spirals down and down.

Ten years ago, the average investor invested a whole 6-slice pizza, and now, ten years later, they have as little as one slice of a pizza to show for their efforts? And somebody still thinks that they can fund a retirement on that kind of performance?