Wednesday, January 06, 2010

The Biggest Losers Behind the Christmas Eve Taxpayer Massacre at Fannie and Freddie

Click on the above article link to the WSJ analysis of the open checkbook policy in Washington. Their open checkbook eventually requires that we open ours, further, as well.

Only by standing against the prevailing winds – selectively, but resolutely – can an investor prosper over time. Such a strategy may underperform during markets that are rising based upon the momentum of the herd vs. fundamental valuations.

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