ballsschweaty

Fed's Strategy to Halt Debt Meltdown is Not Working

Just watch what the market does after today's 100 basis point cut in Fed Funds. I hope you're aggressively short the stock market.

Bank of America Asks Congress for a $739 Billion Bailout: Who's to Blame?

Mish, your years long forecast for Deflation now looks laughable. The dollar is crashing and prices for everything are skyrocketing.

Will you ever apologize and admit that you are wrong?

LOL!!!

The Real Story on Countrywide, Cont.

Herb, your conspiracy theories are annoying and show how whacked out crazy you are.

Let's assume for a moment that you're right and that B of A has a put option to the government.

Don't you think that would be a material item requiring disclosure by their outside accountants? So you're saying the outside accountants are in on the conspiracy too?

The only put option is Bernanke's assurance that he will have fed funds down to about 2% one year from now. That will allow a nice healthy spread to be earned to recapitalize the banks.

You really need to think through your conspiracy theories before spouting them off in public. They only serve to make you look stupid.