BAILOUT EVERYONE!

Let’s give the auto-morons 50 billion, the plane-imbeciles 100 billion and the banking-fools another 500 billion. Seriously, following years of being ripped off by contractors overseas (300% markups on hammers, food and supplies), this administration isn’t trying to hide the brazen criminality of it all, sort of like a mid-afternoon bank robbery, no mask.

Don’t misconstrue me. This is not a political statement, since the democrats are gleefully aiding and abetting. This is a matter of losers being elected into office, then fleecing the U.S. Treasury of all of its savings and IOU’s. Why isn’t this a major issue in this years roaming carnivale (elections)?

Either the candidates are too stupid, or they are complicit. Nonetheless, I still believe Bill Miller should resign from Legg Mason, Inc. [[LM]] and run for President. I’d vote for him.

I’d rather have a man, who understands the horror of the banking sector, like Mr. Miller, than some jackass who thinks the economy is on fire. Any reported GDP slowdowns are merely “mental recessions,” no?

I digress.

Steve Jobs still looks sick. Therefore, the “Sick Steve Trade” is still on. Short Apple Inc. [[AAPL]] down to $125.

The global infrastructure boom is toasty, as evidenced by engineering firms Foster Wheeler Ltd. [[FWLT]] , Fluor Corporation (NEW) [[FLR]] , Jacobs Engineering Group Inc. [[JEC]] , URS Corporation [[URS]] and ABB Ltd (ADR) [[ABB]] . In addition, I dislike, with every ounce of adrenaline in my body, shares of Caterpillar Inc. [[CAT]] , Terex Corporation [[TEX]] , Texas Industries, Inc. [[TXI]] , Eagle Materials, Inc. [[EXP]] , Martin Marietta Materials, Inc. [[MLM]] and Vulcan Materials Company [[VMC]] .

I covered my Lehman Brothers Holdings Inc. [[LEH]] short, all of it—sub $10. They may go out of business, or not. Either way, the easy money has been made.

With the proceeds, I doubled my [[SKF]] position, added to [[DIG]] , [[IEO]] and [[FXP]] .

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