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  • Seething Over Liddy's AIG-Goldman Connection [View article]
    >Seething Over Liddy's AIG-Goldman Connection

    Funny, I don't remember any Republicans "seething" over Dick Cheney's Haliburton connections, no?

    "IOKIYAR"
    Apr 17 13:29 pm |Rating: +6 -7 |Link to Comment
  • Goldman Sachs One-Upped Wells Fargo in Accounting Shenanigans [View article]
    .These conspiracy theorists are just jealous and resentful of Goldman's success and are sitting on the sidelines while people around them are getting rich with stocks again.

    I don't know about "getting rich" but I'm putting 25% trailing stops on my winning positions, in order to sell into this "sucker" rally.

    By the time most people move back in, it will be "too late" and the next world shock to the system (Eastern Europe collapse???) will send the market free-falling once again to a new low....

    Apr 15 16:40 pm |Rating: +1 -2 |Link to Comment
  • How Bailouts Are Messing with Capitalism [View article]
    >"We're tinkering with the genetic DNA of a capitalist society."

    Oh, Boo Hoo Hoo!

    Hoover didn't bailout banks. He let them fail--hundreds and hundreds of banks failed.

    As Doctor Phil would say, "How's that working out for ya?"

    The whole point of bailing out banks is because it was one of the *major* mistakes to let banks fail that caused the Great Depression.

    DOH!!!!!
    Mar 30 12:16 pm |Rating: 0 -2 |Link to Comment
  • Why AIG Wasn't Allowed to Fail [View article]
    Why are y'all bad-mouthing Credit Default Swaps?

    Thanks to the hard work of "patriots" like Rep. Thomas W. Ewing (R-IL), Rep. Thomas J. Bliley, Jr. (R-VA), Rep. Larry Combest (R-TX), Rep. John J. LaFalce (D-NY, and Rep. Jim Leach (R-IA) regulating CDS's were never discussed on the House floor.

    And thanks to the hard work of Sen. Richard Lugar (R-IN), Sen. Peter Fitzgerald (R-IL), Sen. Phil Gramm (R-TX), Sen. Chuck Hagel (R-NE), Sen. Thomas Harkin (D-IA), Sen. Tim Johnson (D-SD) it was never debated in the Senate.

    Well, to make a long story short, these "geniuses" saw no need for "red tape" of Big Dadburn Gum'mint getting in the way of "small bid'nesses" to buy and sell CDSs with absolutely no regulation whatsoever!

    It was a done deal! They slipped it into the omnibus spending bill:
    en.wikipedia.org/wiki/...


    ...and the rest is, as they say "history".

    Mar 17 18:02 pm |Rating: +12 -4 |Link to Comment
  • Ashamed of AIG [View article]
    If it's "too big to fail" without destroying our entire financial system, then it's "too big to live".

    Think about it.

    Mar 16 17:40 pm |Rating: +1 0 |Link to Comment
  • While Financials Drag Markets Down, Five Ways to Stay in Play [View article]
    >I feel like such a chump.

    What's matter?

    Are the policies of the past 28 years, i.e. Deregulation & Tax Cuts for Billionaires Trickling Down to the Not So Rich not working out for ya?
    Mar 03 16:31 pm |Rating: +5 -5 |Link to Comment
  • Why Capping Pay Is Likely to Work [View article]
    I just don't understand how the bottom 99% can survive on a salary of less than $500K a year, <snort, snort>.

    Pass me another gold-encrusted croisant, Jeeves...
    Feb 05 15:51 pm |Rating: +3 0 |Link to Comment
  • US Housing Inventories Reach Record Highs [View article]
    2007:
    "President Bush struck a reassuring tone Wednesday about recent turbulence on Wall Street, saying he believes the markets will work their way through the turmoil safely. In his most extensive remarks on a gyrating stock market, he expressed confidence that investors would eventually calm down. ‘’My hope is that the market, if it functions normally, will be able to yield a soft landing,’’ Bush told reporters at the Treasury Department."

    STAY THE COURSE!

    What could possibly go wrong when we follow George W. Bush's advice? After all, he's got an MBA! From Harvard! And he surrounds himself with smart people (like Doug Feith).

    *wipes tears from eyes after finishing laughing*...

    Seriously, maybe buying a house in today's market conditions if THE BIGGEST MISTAKE YOU COULD MAKE:
    www.arizonahousingbubb.../

    www.arizonahousingbubb.../

    May 23 16:46 pm |Rating: 0 0 |Link to Comment
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