Thursday, August 12, 2010

America’s “Bond Bears” and “Bond Bulls”

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Subject: America's "Bond Bears" and "Bond Bulls"
Date: Thu, 12 Aug 2010 06:16:16 -0700
From: Jas Jain

America's "Bond Bears" and "Bond Bulls"

 Bloomberg did a little report on US Treasury bears and bulls, in that order. Among bears were two born-and-bred American dopes, in the areas of economics and investments, and propagandists Jim Rogers and Warren Buffett, who are living with their past laurels and in recent years have done nothing other than misleading others, or doing their part in breeding Americans into dopes. These two American folk heroes are beneficiaries of the system of the Crooks and now doing their part in keeping Americans dopes-for-life. The reason Bloomberg gave as to why Mr. Buffett is a bond bear is that he is a Scam Market bull and his "Buy America" propaganda campaign. When this crook tells people to buy America he is indirectly telling them to buy his Scam. He is a sad case of born-and-bred American dopes, an old man who could have retired in 1997 (that is when I first noticed problems in his investment behavior) with his legacy and reputation intact, but that would have been very un-American behavior. If you want to find an investment moron just find the next Buffett-dope, i.e., owner of his Scam, for the past dozen years. Morons can't notice fundament changes. He is not the same man he was prior to 1997. Since Buffett bought Gen Re In 1998 his Scam has under performed T-Bills, or CDs, and the long-term US Treasury STRIPS have out-preformed by more than 150% (relative portfolio performance by a factor of 2.5 to 3.0). Like all American dopes he is incapable of noticing the change in the reality and the worst for Buffett-dopes is yet to come.

 

Among the bond bulls were Gary Schilling and David Rosenberg, two men worthy of respect, and Bill Gross, a bond goon with pathetic record in forecasting US Treasuries and misleading the public several times in the past 5 years. Buffett, Gross and Rogers are doing their duty, as well known Capitalist Crooks of America, in breeding Americans into dopes. The system of the Crooks in operation.

Jas

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