Nothing Matters

No one cares what Dick Bove, Hank Paulson, Ben Bernanke or Ducati have to say (note the “bell curve analogy”).

The market ignores the scurrilous rants of Cramer and grotesque recommendations of Larry Kudlow.

They spit on the machinations of “The Commodity King,” Dennis Gartman, while farting in the face of Warren Buffett.

Every time Abbey Joseph Cohen speaks, her words are ignored, as if she was a red nosed clown.

Analysts from around the globe scream louder and louder, hoping for someone, anyone, to listen to them and buy a little stock. Yet, every time they (the people) listen, they are assailed and flogged with heavy capital losses.

For years, the analysts have been wrong. As a matter of fact, they are always wrong—yet Wall Street still listens to their opinions— as if they meant something.

They (the analysts) are marched onto the sets of CNBC and Bloomberg, wearing their finest cotton and shiniest shoes. Their brains are picked and pried, as if they had the cure for cancer, when in fact their logic is nothing more than vacuous balderdash.

For years, the CEO’s of our banks have misappropriated bank deposits, leading to ghastly and barnyardesque losses, all the while our regulators focused in on naked short sellers or low end stock peddlers.

See, we have a problem and no one cares. All we get are band aid solutions, with sophisms from our leaders.

In summary, the problem is not bottom up, but top down. Nothing will change, until we start listening to the people who care (Ron Paul and men like him).

Top pick: short Legg Mason, Inc. [[LM]]

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