There is no more time remaining to examine or discuss any nagging questions or doubts concerning the merits of anthropogenic induced climate change. We must reduce our collective carbon footprints now. Electricity sourced from coal must be replaced by anything that doesn’t spew CO2, except, of course, nuclear power. Our next car must be a state of the art plug-in electric version, or at least a hybrid. But isn’t the single largest source of electricity the burning of coal? Hmm, how does buying and driving an electric car help? Regardless, we must get with the program...now! No more questions please! Words: 1346

Global warming is not a crisis created by man wantonly burning fossil fuels to the detriment of nature. Rather, global warming is a methodically fabricated issue cleverly designed and exploited by proponents of global governance under the tutelage of the United Nations. Words: 1839

I am convinced that we are still relatively early in a secular commodity bull market. In fact, with the modernization of Chindia and numerous other less-developed nations, I expect this bull market will be one for the record books. Fundamental demand coupled with inflation will push resource prices to unimaginable heights. Words: 805

Highly leveraged economies, particularly those in which continual rollover of short-term debt is sustained only by confidence in relatively illiquid underlying assets, seldom survive forever, particularly if leverage continues to grow unchecked. Words: 1264

Bernstein's attitude regarding the financial services industry is downright hostile: he suggests more than once that retail investors won't go too far wrong by considering any stock broker, financial advisor or insurance salesperson a "hardened criminal." That's with respect to evaluating whether their interests are more aligned with their own retirements or that of their clients. Words: 576

The book's crucial assumption is that “the market” does have a central value and that the world of stock markets is a “mean reverting” world. As a consequence, the market can be over-valued or under-valued but will, over time, return to its central value. Words: 1317

I would welcome a public debate of my thesis that risk-free bond speculation suppresses the rate of interest and destroys capital in the process. I have challenged neo-classical economists who still consider the open-market operations of the Fed as a ‘refined tool to manage the national economy’. I want them, instead, to see in open-market operations the cancer of the economy responsible for the withering of the world’s prosperity. So far my challenge has fallen upon deaf ears. Words: 2854

As I see it there are only two outcomes. Either the gold cartel will fail or the U.S. government will have destroyed what remains of the free market in America. I hope it is the former, but the flow of events from Washington and the actions of policymakers suggest it could be the latter. Words: 1654

The effects of the credit crunch on the real estate market have been serious, but negative trends will not continue forever. Words: 512

Tax lien buyers can earn up to 16 percent annually if they acquire good liens. Lenders typically pay up all the unpaid taxes on properties they foreclose upon, so lien holders can expect immediate returns on their lien investments. Words: 298