Loan to Own

Remember debt is usually secured by some asset...it's currency or hard assets and/or reputation..by personal guarantee.....

We are struck by the consensus once again......calling the year the first week of the new decade....over trading this equity market once again will burn the short termers....just like last year...

Oil is not going to $50.
We are not going to have deflation.
Gold is not going to $800.
Bonds are not going to make money this decade.
Real Estate is not going to go down another 20% Commercial or Residential.
China is not going to implode.
The democrats are not going to retain power ten months from now.
The US dollar is not going higher.


SHOULD IT BE ANY SURPRISE FORD'S SALES GREW 33% AND GM'S FELL 5.7%? REMEMBER WHO OWNS GM, FNM, FRE, C, AIG AND MANY MORE....................

Our 96 year old great grandmother when asked over CHRISTMAS what advice she had for the college students seated at dinner she said, "Be a good person and try hard to do well in life."

There are now only four AAA rated American companies publicly traded, Automatic Data Processing, Exxon Mobil, Johnson & Johnson and Microsoft. IN THE LAST FIVE YEARS, THEY HAVE SOLD LESS THAN $TEN BILLION OF DEBT COMBINED. wdc, llc will do that in one day.

We know what we do want to own and think will happen and that is: Stocks will out perform cash and bonds again in 2010. The dollar will continue it's long term decline...and money will gravitate towards the best managed over capitalized super blue chip branded company's with liquidity, hard assets and real estate......

China will do what it wants when it wants to do it. And people/ investors better get used to that fact.

WE FIND IT INTERESTING THE MEDIA TELLS US OIL IS UP BECAUSE OF THE COLD WEATHER....really? Last week they said it was going to go lower because of ample supplies.

Danny Boy seen here looking up the mountain.