• America isn't an idea or a contract. It's a living, breathing being. As such, her greatest strength is her greatest weakness. We are passionate about the pursuit of our dreams. We are overly courageous in judging our chances to overcome adversity and triumph over great odds. We've achieved our greatest dreams through this confidence.

    But our greatest sufferings are offshoots of the same ambitions. We are in a financial crisis. We all share in the blame. We will overcome this crisis only when we unite as one and set our sights not on satisfying our lust to punish those who wronged us, but recovery.

    We will get our pound of flesh. But those who are punished first in our path to recovery are engaging in the politics of rage. When we focus on freeing America's unmatched desire to achieve our dreams, to endure great sufferings to overcome the most daunting of odds, we will be back on the road to fiscal health.

  • "That's a good speech, honey," said an ever patient Mrs. Jeffmacke, patting my head lovingly. "You should take tomorrow off." Mrs. Jeffmacke is a wise and gorgeous human being.

  • Toyota (TM) went to 0% financing. Having shorted General Motors (GM) on a similar strategy in 2003 and 2004, and being short Toyota today, 2 things leap to mind. 1) Toyota is going down. 2) I never made a penny off my GM short. Just because you know a company, economy or industry is doomed doesn't make it a sure-fire short, Minyans. That, in short, is why bear markets are so very hard.

  • Down 40% and whipsawed again by rumors of Steve Jobs' health, can we please simply concede that Apple's (AAPL) board of directors needs to stop fighting a rear guard position of denial and defending the stock by speaking honestly about the man's health? It's not about being right. It's about protecting shareholders.
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