Now I am a believer in saving the whales and I am concerned about the depletion of stock in the world’ fishing grounds, but when it comes to idiots telling me that cow farting is going to ruin the ozone layer it puts much into perspective for me. The world is going nuts listening to these university types who seemed to get paid to seek publicity instead of teaching students to become productive citizens. Battery driven cars pose more problems to the environment once their batteries reach the end of their life and need to be disposed of than a gasoline driven car with its emissions. Just like old computers, they will be exported to the rubbish dumps of China for “recycling”. There we will see children standing over Bunsen burners separating all the chemical elements that make up a lithium battery.

This carbon trading nonsense is just nonsense. I would love to claim the cowboys Wall Street were behind it, but it was the liberal left wing tree hugging loonies who convinced European and other socialist governments it was a great idea. I cannot think that by rewarding a company/country for converting from gasoline to ethanol is a good deal for the world. Converting grazing land into corn fields poses more environmental risk than sucking oil out of the ground. What’s more the cost of ethanol (unless it is government subsidized) is such most of the world could not afford top fill their cars with it!

When are we going to see common sense prevail in our desire to protect the world’s environment? I say we start by boycotting all crap that comes out of China. That would solve 50% of the problem virtually right away. If it means Wal-Mart goes out of business, then great. I couldn’t wish for a better casualty in the fight to reduce pollution.

Meanwhile life at the top of the American pile just seems to get better and better. I live in fear of the social stigma and the personal negative connotations that a financial collapse of my business would bring. By contrast Donald Trump has nearly two decades of many of his businesses collapsing around him but he can still appear on “The Apprentice” basking in the self professed glory as one of America’s most successful entrepreneurs. Hedge Fund operators and big name investors are walking away from acquisitions in droves (after of course extracting every dime they can from the stripping of assets) leaving them in the hands of creditors and bond holders. For the third time in a decade the Trump gambling empire has entered Chapter 11. The gall of this epitome of an arrogant worthless dirt-bag he is has the temerity to seek 10% of the reformed company so it can retain the Trump name. In his eyes, the “Trump” name signifies success and excellence! If the Texans, who bought most of the bonds for next to nothing and now control the casinos, buy that piece of boloney then they are fools. Anything Trump to me represents crassness, brass instead of gold and matches the aura of a Persian palace in Beverly Hills; the ultimate of poor taste. This jerk, in my opinion, should have a FICO score of -500!

Ronald Perelman who has been an asset stripper for decades and personally accumulating $billions while doing so using bank and other people’s money has just let go of another one of his investments. Perelman has just walked away from Panavision which has made and rented out movie cameras to the studios for nearly one hundred years. He and his trophy wife are the toast of society in Manhattan. They have been for years. Isn’t it incredible there is never any shame attached to him, Trump or any of their ilk for being failed businessmen. They all strut down Fifth Avenue as though they own it. What is even worse the banks will stand in line and continue to lend to them unabated. Poor little guys, the likes of you and me, with that sort of track record would be shunned by every creditor, bank and possible landlord, with hardly a chance to be able to ever rise up again. There is no justice in this world is there?

Healthcare seems to be the business to be in. It is as if they want to give President Obama an unwanted enema. WellPoint’s CEO Angela Braly is raising premiums by up to 56% and that is after recording record profits. Part of her claim is Well Point’s rolls are falling as more companies lay off workers and cancel health benefits and by a rise in COBRA recipients! How’s this? She made a statement COBRA members tend to be sicker and use more benefits. What a heartless bitch. I bet you dollars for donuts, WellPoint succeeds in its growth mode to become more profitable from its smaller base!

Warren Buffet the “Oracle of Omaha” recently sent out his annual shareholder letter telling them the book value of Berkshire Hathaway climbed by 20% in 2009. Berkshire has large investments in corporations such as Goldman Sachs, American Express, Coca Cola and owns outright a huge array of companies like Geico, BNSF Railroad and See’s Candies. He claims spending will have to improve before the growth we are currently experiencing will manifest itself in new jobs. That makes a real chicken and egg situation for the economy. How can spending go up when more and more people are losing jobs?

Again the fat cats of the world keep making more money as the middle class of America rapidly move to become the under class.