Looksmart Limited (LKST)

[andy20020]

LC/smugs/Bulls ... please read the attached article down to golds and explain to me the flaw in the logic that the US economy is in real trouble. Forget the golds bit ... the article is posted to provide but one bearish opinion the US economy to balance the infomercial driven popular media version that so many here seem to believe ... (then there's the (real) unemployment, retirement scheme whitewash (GE can bury their shortfall legally within a missrepresented PE, GM etc too), the non-expensing of options within reported PEs of the majority of US corps (not LOOK it would appear), and now the potential for their home finance industry to collapse if there is any foundation to the concerns about accounting irregularities within FMac etc)

http://www.safehaven.com/showarticle.cfm?id=936

Please overlook the gold info ... not the reason for the post.