poet1

Alan Greenspan Loses His Mind

join the bear: once you realize that the economy is run by a handful of people that own the fed reserv bank corp., then you will stop talking about liberals/repubs etc. its all a charade

Thursday Outlook: Where's the Big Fall?

buyitcheap- short term bottom? whats short? 6 months. and a 10-15% move up isnt really squat, since everything has dropped soooo low. i say, CYA. do nothing until after june's mortgage rates kick in/up & until citi's quarterly comes out. nothing crazy will happen before april 15.

Thursday Outlook: Where's the Big Fall?

PS- So what does on do now? Hold cash? Buy more gold on the low? Sell off all stocks? Go bottom fishing?

Thursday Outlook: Where's the Big Fall?

Please define: THE FRY LINE : _____________________ thanks!

Where are Precious Metals Headed in 2008?

if you believe the market is manipulated, that the dollar will keep sliding down, that there will be another 'take-under/s' like bear stearns, that the next shoe to drop is hedge funds, or derivitives, then buy gold & hold.

if you think there will be a miracle, and the dollar will regain & retain all the value it has lost to date, then don't buy gold.

The Coming Crash of 2008: A Result of Overleveraging

DrMalaka- well said! So, where do you put your money?

Four-Digit Gold Sets a New World Order

the sinking dollar drives oil up due to petro-dollars, not just hedging.

The Coming Crash of 2008: A Result of Overleveraging

From Fast Food Nation 2002: (glass/s act)
The history of the 20th century was dominated by the struggle against totalitarian systems of state power. The 21st will no doubt be marked by a struggle to curtail excessive corporate power. The great challenge now facing countries throughout the world is how to find a proper balance between the efficiency and the amorality of the market. Over the past 20 years, the U.S. has swung too far in one direction... (p. 261)

I think Schlosser has it right. Enron is an inflection point for the forces of corporate power. Today's Times reports that the "bankruptcy reform bill" that passed both houses of Congress last March -- a bill practically written by credit card companies to make it harder for consumers to wipe debt of their records by filing for bankruptcy -- is now up for revision:

Some lawmakers are weighing whether to revise provisions that could appear anti-consumer and poltically unseemly after a corporate collapse that hurt thousands of workers and investors. "Even some of the lobbyists who supported the bill tell me that they are afraid to touch it now," Senator Leahy said.

I'm interested to watch the degree that consolodations will now break apart. Tyco spent the last five years acquiring at a massive rate; now it will split into a series of independent companies, sometimes even using corporate names left in the dust two or three years ago. The Glass-Segal act, a law passed in the 1930s that mandated a separation of lending and investment banking, was repealed in 1999. Now, Congress is discussing reinstating the act (though the Times calls the odds of reinstatement "very unlikely."). In politics, a swing to the left may be beginning. An abashed liberal president? Could happen in 2008. Maybe even 2004. Good news for John Kerry? Good news for Anti-Trust Attorneys?
· How Will Washington Read the Signs? [NY Times]

The Big Whoosh: Is This The Beginning?

Follow the money. My grandpa did the depression & thats what he taught me. Did anyone ever think that there are those out there that want the system to collapse, so they make a trillion, while the peasants go hungry? Do you really think the JPMorgan of that era wasn't laughing all the way to the bank? The ghost still laughs

4 Recommendations to Defend Against a Financial Armageddon

Go off the grid & be as self-sustaining as possible. Save your rubles now.

Anxiously Awaited Visa IPO Due This Week

jp morgan underwriters need cash to buy bear stearns, V ipo will make tons of cash

Bear Stearns Gets Emergency Funding From NY Fed, JP Morgan

TONY S- terrible analogy & way too long. Try 2 sentences

Time for Greater Oversight of Mortgage Lenders? Duh!

VIP investors receive a higher rate of return than the average guy, one way to fund that is by cutting dividends

Global 'Oil Shock' Rattles World Stock Markets

GREAT article. Thanks for putting in the time to write it. Everyone has known about peak oil for years, surely they have plan B in place, ready to go?

What Are Brokers' Exposures to Carlyle Capital?

How great is the possibility that Citigroup will go bankrupt? If all these other shoes are set to drop, & Citi is playing down their problems-