Hey Warren, Stick To Railroads!

So we've been silent since Thanksgiving.  You'll have to excuse us, the turkey hangover lasted longer than anticipated, and with the beginning of this week's trading, we should have made it last longer!

Let's just say Call of Duty has kept us busy the past few days.

But since then, news broke today about BofA making new lows.  As many of you should know, Warren Buffett famously gave BofA $5 Billion in August.  He bought the shares with the possibility of exercising them at a price of $7.14.  As of today his company, Berkshire Hathaway, will be taking over a $650 million dollar hit.

Of course, this is no big deal to the Oracle of Omaha, but still, investing in America's banks right now is like investing in American Airlines.  Both are tied down by government policies (NB: even though we are free market supporters, MF Global needed more oversight) and have no way of escaping until America grows it's way out of depression (yeah we said it).

Here's to shoelace soup!