poet1's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/108843/comments http://seekingalpha.com/article/97752-short-cut-to-profits-a-closer-look-at-inverse-funds?source=feed#comment-272487 272487 Fri, 03 Oct 2008 09:06:38 -0400 http://seekingalpha.com/article/97805-the-great-bank-rush-of-2008-what-s-the-money-for?source=feed#comment-271967 271967 Thu, 02 Oct 2008 15:55:10 -0400 http://seekingalpha.com/article/97947-update-crude-oil-priced-in-gold?source=feed#comment-271532 271532 Thu, 02 Oct 2008 11:01:12 -0400 http://seekingalpha.com/article/98120-don-t-get-sanguine-about-this-bill?source=feed#comment-271237 271237 tear out your chip!
droid no more
land mothership.
return my soul
utopia is near
no more bottomless hole
of human fear




]]> Thu, 02 Oct 2008 03:09:29 -0400 tear out your chip!
droid no more
land mothership.
return my soul
utopia is near
no more bottomless hole
of human fear




]]> http://seekingalpha.com/article/97947-update-crude-oil-priced-in-gold?source=feed#comment-270910 270910 Wed, 01 Oct 2008 17:58:30 -0400 http://seekingalpha.com/article/97998-options-trader-which-way-wednesday?source=feed#comment-270464 270464 Wed, 01 Oct 2008 11:39:29 -0400 http://seekingalpha.com/article/97970-bringing-in-the-fdic-to-bail-out-the-bailout?source=feed#comment-270430 270430 Wed, 01 Oct 2008 11:13:31 -0400 http://seekingalpha.com/article/97805-the-great-bank-rush-of-2008-what-s-the-money-for?source=feed#comment-270098 270098 ]]> Tue, 30 Sep 2008 21:52:45 -0400 ]]> http://seekingalpha.com/article/97947-update-crude-oil-priced-in-gold?source=feed#comment-270046 270046
]]> Tue, 30 Sep 2008 20:33:00 -0400
]]> http://seekingalpha.com/article/97912-skf-regaining-its-old-form?source=feed#comment-269748 269748 Tue, 30 Sep 2008 13:39:37 -0400 http://seekingalpha.com/article/97910-tuesday-outlook-commodities-emerging-markets-more?source=feed#comment-269734 269734 let them go bankrupt & bail out the shareholders. marx is loving this.]]> Tue, 30 Sep 2008 13:25:36 -0400 let them go bankrupt & bail out the shareholders. marx is loving this.]]> http://seekingalpha.com/article/95687-today-s-true-safe-haven-investments?source=feed#comment-269300 269300 Tue, 30 Sep 2008 01:41:17 -0400 http://seekingalpha.com/article/97457-the-bailout-why-i-like-the-idea-but-not-the-sales-pitch?source=feed#comment-265582 265582
Credit swaps for $62 trillion need to be unwound--paired off. Treasury is going to buy the CDOs. The CDOs have been "marked" or valued at 20 to 50% of face value. No one knows if the underlying
mortgages will be paid or not. If the whole economy goes to hell, more
won't be paid than otherwise will be the case. If Treasury buys them now at 50 cents on the dollar & the situation stabilizes, Treasure will be able to sell them in 2-3 years at 70 to 90 cents on the dollar & make a killing, ie. the taxpayers will win.

Most of the other credit Treasury is extending now is replacement money borrowed by banks & companies for 30 to 90 days
that they have used to buy other securities with higher yields (interest
income) just from greed & because they could. Lack of oversight by the SEC.
Treasury's money will be paid back, 100% on the dollar with fees & again Treasury will get it back. Same with money market funds---some held Lehman paper. People with millions
in money market funds are panicked, the managers can't sell their holdings fast enough to make redemptions---$3 trillion. Treasury can facilitate these refunds, without effective risk but prudent to keep the system going.


Having he & Bernicke testify in front of idiots from both sides of the aisle is like taking fireman away from the hoses that are pouring, spraying, water on a burning house to explain how the fight is going.

Time is of the essensce to put Paulson's bailout plan in place. If congress does not act to put this stabilizing plan in place then there is a very good chance the fiancial markets will just freeze up and come to a screaching halt.
Commercial paper allows all the major corporations to handle payroll and deal with employees. if this plan isn't put into place , then
we're looking at layoffs and possibly even the inability to access cash from your ATM. The way i understand it, the govt will own
alot of illiquid assets that major corporations had on their balance sheets BUT at HUGE discounts. so the american taxpayer will not be hurt by this.
JUST SAW PAULSON PUTTING THE BLAME OF FUTURE ADMINISTRATIONS. HAH. DOES ANYONE OUT THERE REALLY THINK THAT THESE BIG WS GUYS DON'T DO 50 YR PROJECTIONS? THEY KNEW IT WOULD FALL, THEY DO PERCENTAGE STUDIES ON HOW MANY /WHO WILL DEFAULT ETC. ]]> Fri, 26 Sep 2008 03:39:43 -0400
Credit swaps for $62 trillion need to be unwound--paired off. Treasury is going to buy the CDOs. The CDOs have been "marked" or valued at 20 to 50% of face value. No one knows if the underlying
mortgages will be paid or not. If the whole economy goes to hell, more
won't be paid than otherwise will be the case. If Treasury buys them now at 50 cents on the dollar & the situation stabilizes, Treasure will be able to sell them in 2-3 years at 70 to 90 cents on the dollar & make a killing, ie. the taxpayers will win.

Most of the other credit Treasury is extending now is replacement money borrowed by banks & companies for 30 to 90 days
that they have used to buy other securities with higher yields (interest
income) just from greed & because they could. Lack of oversight by the SEC.
Treasury's money will be paid back, 100% on the dollar with fees & again Treasury will get it back. Same with money market funds---some held Lehman paper. People with millions
in money market funds are panicked, the managers can't sell their holdings fast enough to make redemptions---$3 trillion. Treasury can facilitate these refunds, without effective risk but prudent to keep the system going.


Having he & Bernicke testify in front of idiots from both sides of the aisle is like taking fireman away from the hoses that are pouring, spraying, water on a burning house to explain how the fight is going.

Time is of the essensce to put Paulson's bailout plan in place. If congress does not act to put this stabilizing plan in place then there is a very good chance the fiancial markets will just freeze up and come to a screaching halt.
Commercial paper allows all the major corporations to handle payroll and deal with employees. if this plan isn't put into place , then
we're looking at layoffs and possibly even the inability to access cash from your ATM. The way i understand it, the govt will own
alot of illiquid assets that major corporations had on their balance sheets BUT at HUGE discounts. so the american taxpayer will not be hurt by this.
JUST SAW PAULSON PUTTING THE BLAME OF FUTURE ADMINISTRATIONS. HAH. DOES ANYONE OUT THERE REALLY THINK THAT THESE BIG WS GUYS DON'T DO 50 YR PROJECTIONS? THEY KNEW IT WOULD FALL, THEY DO PERCENTAGE STUDIES ON HOW MANY /WHO WILL DEFAULT ETC. ]]> http://seekingalpha.com/article/97031-buffett-enters-the-fray?source=feed#comment-265569 265569 Fri, 26 Sep 2008 03:07:09 -0400 http://seekingalpha.com/article/97026-buffett-to-goldman-s-rescue?source=feed#comment-265565 265565 Fri, 26 Sep 2008 02:47:47 -0400 http://seekingalpha.com/article/97318-it-s-the-end-of-the-world-as-we-know-it-and-i-own-gold?source=feed#comment-265561 265561 Fri, 26 Sep 2008 02:45:52 -0400 http://seekingalpha.com/article/95129-fdic-insurance-fund-it-doesn-t-actually-exist?source=feed#comment-254624 254624 Mon, 15 Sep 2008 02:29:33 -0400 http://seekingalpha.com/article/94625-wamu-on-the-brink?source=feed#comment-249977 249977 Wed, 10 Sep 2008 00:56:42 -0400 http://seekingalpha.com/article/94304-a-first-look-inside-the-fannie-freddie-bailout-plan?source=feed#comment-247929 247929 Sun, 07 Sep 2008 23:24:18 -0400 http://seekingalpha.com/article/94204-return-of-the-super-dollar?source=feed#comment-247680 247680 Sun, 07 Sep 2008 15:40:35 -0400 http://seekingalpha.com/article/93980-wells-fargo-sham-revealed?source=feed#comment-246714 246714 Sat, 06 Sep 2008 00:35:44 -0400 http://seekingalpha.com/article/93119-the-most-essential-secret-to-successful-investing?source=feed#comment-246707 246707 Sat, 06 Sep 2008 00:05:15 -0400 http://seekingalpha.com/article/93193-what-s-pushing-the-market-up?source=feed#comment-246704 246704 Fri, 05 Sep 2008 23:40:50 -0400 http://seekingalpha.com/article/94137-troubles-at-the-people-s-bank-of-china?source=feed#comment-246303 246303 Fri, 05 Sep 2008 11:57:29 -0400 http://seekingalpha.com/article/93883-sarah-palin-wall-street-s-candidate?source=feed#comment-245665 245665 Thu, 04 Sep 2008 14:52:48 -0400 http://seekingalpha.com/article/93015-naked-short-selling-ban?source=feed#comment-241292 241292 Thu, 28 Aug 2008 22:34:06 -0400 http://seekingalpha.com/article/92191-the-strange-case-of-dr-gld-mr-bullion?source=feed#comment-236684 236684 Fri, 22 Aug 2008 14:16:50 -0400 http://seekingalpha.com/article/91803-gold-price-conspiracy?source=feed#comment-235634 235634 Thu, 21 Aug 2008 11:14:33 -0400 http://seekingalpha.com/article/89646-is-the-price-of-gold-artificially-depressed?source=feed#comment-225159 225159 Thu, 07 Aug 2008 11:49:26 -0400 http://seekingalpha.com/article/89052-tuesday-outlook-commodities-emerging-markets?source=feed#comment-223224 223224 Tue, 05 Aug 2008 11:56:19 -0400