Rather than summarize, let me just highlight some of his best one-liners: On retail: "The retail business is terrible... It's almost all negative." "We're going to close hundreds of thousands of stores." On the consumer: "They’re still over leveraged, they're losing jobs, their credit has been cut back." On America: "We are in the tank forever. As a country we are out of control, we're in a death spiral." On the stock market: "We're in terrible shape. That's what the fundamentals tell me. I can't explain the stock market."