venividivici

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    • Sat Oct 4th 12:18 PM | Rating: 0 0
      Commented on:
      Thinking About the Next Six Months
      Great posts guys!! Very amusing in dark times. Mind you my lifeboat is very well provisioned because I saw this coming in August last year.
      As for you Stone Fox Capital, don't just talk about it incessently, get out there and start snapping up those bargains with Warren. Trouble is mate, you won't be getting the bargain prices and sensational deals he's getting because those are strictly reserved for multi-billionairs in the Land of Opportunity. Also don't listen to any of the comments from the Oracle from Omaha because they are every bit as negative as anything you'll read here.
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    • Sat Oct 4th 11:56 AM | Rating: 0 0
      Commented on:
      Sell Signal of the Day, Greenspan Edition
      No I agree with you Felix. I think it would be better if Greenspan just kept his trap shut. It's patently clear that his actions as Fed Chairman contributed significantly to the disasterous situation the world now confronts so it is hardly likely he has the solution. Maybe instead of trying to exonerate himself, he should issue a "mea culpa" and depart the scene.
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    • Sat Oct 4th 11:32 AM | Rating: 0 0
      Commented on:
      So Much for the Bailout
      America is hoplessly in debt and the government's answer to the credit crisis is to throw another $800 billion it has to borrow or print at the problem.
      Virtually the whole of the financial sector, the car industry and the airline industry are insolvent but they are being kept on life support by the government because most of the major players are considered to be too big to fail.
      It is virtually impossible to be elected to office in America unless you offer tax cuts and increased services. And that is because
      Americans simply refuse to take any of the nasty medicine needed for the country to even start to dig itself out of this unholy mess.
      As a result America and Americans get poorer by the day and that process will only accelerate into the future.
      When I look at the stock market, it is clear that it's being driven by a lot of demented gamblers, some of whom do not give a toss what damage their actions cause as long as they can make a buck today.
      America's future could hardly look darker.
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    • Fri Oct 3rd 09:54 AM | Rating: 0 0
      Commented on:
      Non-Farm Payrolls: Enough for a Fed Rate Cut?
      Ah just enough time for another demented rollicking rally before the whole thing implodes.
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    • Thu Oct 2nd 13:37 PM | Rating: 0 0
      Commented on:
      Goldman Sachs and the Regulatory Arbitrage Trade
      How can you be so sure, Felix, when the whole of this outrageous financial system simply does not have a shred of credibility? The excesses that went on as a matter of course defy description and that is why the whole system is now hanging by a thread.
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    • Thu Oct 2nd 11:43 AM | Rating: 0 0
      Commented on:
      Goldman Says "Trust Us"
      I think these investments by Buffet are motivated by a fear that the market is teetering on the brink of systemic collapse, which of course would be disasterous for him. I think he is trying to show that he has faith in these "titans" of the market. MInd you, the very harsh terms he has exacted from both Goldman and GE would hardly fill anyone with great confidence because it shows how desperate they are for money at any price. It also shows that ordinary shareholders are always going to be shafted in the effort to survive
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    • Thu Oct 2nd 11:26 AM | Rating: 0 0
      Commented on:
      Wachovia for Free? Citi Still Paid Too Much
      Look the fact that poor old Tom Brown shows his sorry backside on this site is indicative of the fact that he has a hide thicker than 20 rhinos. This guy has spent the last year telling the same story ,that financials have bottomed and everyone should get into them NOW! Tom you see is an expert and he really only missed one fact, just about all of the financials are hopelessly insolvent so give him a break. There is a chance, like about a trillion to one, that this time yes, this time, Tom might have got something right. But don't put your house on it.
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    • Thu Oct 2nd 10:34 AM | Rating: 0 0
      Commented on:
      The Financial 'F-Word' That Needs To Be Said
      Mate this is a Sodom and Gomorrah financial market at every level and whilst I don't have any great confidence in the Biblical story I think the end result is going to be much the same. This is going to be ugly, very ugly.
      As for who is to blame, yeh I have seen the video, it is all the fault of the do gooder Democrats trying to get all of those poor blacks and Hispanics into their own homes. George fought against it and the banks had their arms twisted to make the loans. As with any transaction, just find out who made all the money and you know who is principally responsible. All that those poor blacks and Hispanics got out of it was being turfed out of their homes.
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    • Thu Oct 2nd 02:07 AM | Rating: 0 0
      Commented on:
      Hank Paulson: Smartest Man in the Room
      Prescient11 normally I wouldn't bother to enter into any sort of discussion with you. You are not worthy of it. Your name means "ability to see into the future" and that is a sick joke. Everything you have said has turned out to be wrong, wrong,wrong but you keep on coming out with the same rubbish.
      The simple fact is America and Americans are getting poorer and poorer by the day and at an ever accelerating pace. Hank Paulson is one of the people principally responsible and he has many hundreds of millions of dollars to show for it because that's how the great American plutocracy works.
      His latest masterpiece is to gift 700 billion Zimba..oops sorry, American dollars (actually it will all have to come from those suckers in China and Japan) to the same clowns who caused all the problems in exchange for a lot of toxic worthless rubbish.
      You deserve everything that's coming sport and one thing I do know is that you won't see it coming cos prescient is something you aint.
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    • Wed Oct 1st 21:53 PM | Rating: 0 0
      Commented on:
      Hank Paulson: Smartest Man in the Room
      Either this article is intended to be a spoof or you are not playing with a full deck buddy. The world's financial system is hanging one edge of a precipice and your mate, Hank Paulson, can take a lot of the credit for it.
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    • Wed Oct 1st 13:48 PM | Rating: 0 0
      Commented on:
      Wall Street Bonuses Expected to Drop 50% in 2008
      If there was any justice in this world, they should have to return all of the bonuses they've received for at least the last five years with interest added. But lets face it, hell will freeze over before that sad collection of parasites returns one cent of their ill gotten gains.
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    • Wed Oct 1st 11:34 AM | Rating: 0 0
      Commented on:
      The Dysfunctional Credit Market
      You are dead right about the equity markets, Felix. They live in a world of their own, Fantasyland.That could well end in a horror movie in the long run.
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    • Mon Sep 29th 04:17 AM | Rating: 0 0
      Commented on:
      Are We On the Verge of a Rally?
      God help me!!!!!
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    • Sun Sep 28th 22:58 PM | Rating: 0 0
      Commented on:
      Sentiment Overview: Cash is King
      Gee Babak, it's taken you a long time but I think you may have finally got it.
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    • Sun Sep 28th 08:26 AM | Rating: 0 0
      Commented on:
      The Unbearable Lightness of Goldman Sachs
      America is a plutocray and croney captialism and socialism for the rich are two of its salient features. As this financial crisis deepens, so these features seem to get more pronounced. It is terrifying to contemplate where all of this is heading but "disaster" is the word that comes to mind.
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