Tuesday, March 22, 2011

Lay, lie, die ... or not



(9:01 pm, Hawaii) Lies, lies, lies. What else could come out of Japan now that this debacle has ensued? Bloomberg: Fukushima engineer says he covered up flaw at shut reactor No. 4.

And now, some perspective, which is often well provided by James Altucher: Was Greece just nuked? 

Alutcher says: "It's a scam. The pundits need something to talk about. The media needs something to make you panic and scared. The larger institutional investors need mom and pop to sell their retirement portfolio to them at cheap prices. So they all scare you to save their own lives and businesses."

No comments: