I’ve added David Einhorn of Greenlight Capital to my list of plain speakers. To see why, read these pieces (PDFs) - “Accounting Ingenuity” and “Private Profits and Socialized Risk“. Thanks to Mr. Mortgage for hosting them. In addition to the crooks he takes on, read and heed the comments about the SEC, which has pursued Mr Einhorn for his negative remarks. As I have mentioned before, if you are an investor, the SEC is your enemy. It is the industry’s “enforcer”, threatening and pursuing anyone who attacks the securities industry, or does anything the industry does not like, while defending the industry from any attempts at regulation.

Also, an update from Marc Faber (video). Synchronized global bust.

Oh, and Hillary? Don’t call your shots.