While Financials Drag Markets Down, Five Ways to Stay in Play [View article]
Yo, MarvinMBA, it's CAPITAL not CAPITOL.
Though, I would agree with you if you think about it in another way: the thing about it now is not the return on the CAPITOL (as in Democrats returning to the Capitol), but the return of CAPITOL, as in, we need to take it back.
When any President is asked whether war is an option against the Evil Empire of the decade, he always says: "diplomacy first, but no option is off the table." Although an annoying answer, it actually is the best answer.
I think something of a kind would provide the most confidence in this situation as well. "We do not want to nationalize. That's not what America does. But if it gets to that, we will do what is necessary to support the financial system."
Like war, it is a temporary action of last resort to bring about return to previous stable state.
Preview from Europe: Inactive Obama Leads Indices Lower [View article]
Did President take a vacation on his ranch in Texas or something? Wait, that was the last President that took monthly vacations on his ranch. This new one doesn't even have that excuse. Maybe we need a pay cap for the President. He, too, is paid by the taxpayers after all. How about he gets paid $40,000 in cash, and some at-the-money options on Dow Jones that he can vest annually? Talk about accountability.
Get on it Obama. Your CFO is still putting together his PPT for a presentation on Friday. This thing didn't start yesterday. We are beyond PPTs. You should have had a plan to start implementing on Jan 19, 2pm.
Gob, he who laughs last.... Remember that all the money the banks lose on deadbeats you pay for with your taxes. So I am not sure you did yourself a favor by sending your bank to a deadbeat and not paying the late fee.
I have another question. Does anyone actually know what happened with the bailout money. Is there some report on-line? All I know is that Congress passed a law and President signed it, to spend $700 billion, and that some money has apparently been spent. How? By whom? When?
It would be worthwhile to go back and count the total bailout funds advertised up to now. I think it all might add up to a few trillion dollars around the world all together combined. Say what you will, that's a lot of money. We should all be flush with cash by now. But why aren't we?
WHERE IS THE MONEY?
Frankly, it all sounds to me like the bailout is as real as the leveraged investments the spinmeisters -- who got us into this mess -- made. Smoke and mirrors.
Fix one illusion with another. That's the way to do it. Money for nothing and your chicks for free.
Hey, I got declined for a Citibank MTVu credit card and I am with Felix 100%. Down wit' Citi!
But more amazing than the alleged runs on deposits (hello?) is the fact that this guy is talking about what "we" need to do with assets that he ("the banks") don't want.
Hey, Bandit, I mean, Pandit, what WE need to do is for us to decide. You're NOT part of WE. You're part of "they," the banks. So go back to your penthouse corner office, and take in the view. And shut up.
While Financials Drag Markets Down, Five Ways to Stay in Play [View article]
Though, I would agree with you if you think about it in another way: the thing about it now is not the return on the CAPITOL (as in Democrats returning to the Capitol), but the return of CAPITOL, as in, we need to take it back.
Jim Rogers: It's Better To Let Financials Fail [View article]
Citigroup vs. Treasury [View article]
I think something of a kind would provide the most confidence in this situation as well. "We do not want to nationalize. That's not what America does. But if it gets to that, we will do what is necessary to support the financial system."
Like war, it is a temporary action of last resort to bring about return to previous stable state.
Preview from Europe: Inactive Obama Leads Indices Lower [View article]
Get on it Obama. Your CFO is still putting together his PPT for a presentation on Friday. This thing didn't start yesterday. We are beyond PPTs. You should have had a plan to start implementing on Jan 19, 2pm.
Compensation Caps Will Drive Away Talent? To Where? [View article]
This exact same thesis has been made by me and a hundred others commentators about 3 months ago.
Credit Card Crunch [View article]
I have another question. Does anyone actually know what happened with the bailout money. Is there some report on-line? All I know is that Congress passed a law and President signed it, to spend $700 billion, and that some money has apparently been spent. How? By whom? When?
It would be worthwhile to go back and count the total bailout funds advertised up to now. I think it all might add up to a few trillion dollars around the world all together combined. Say what you will, that's a lot of money. We should all be flush with cash by now. But why aren't we?
WHERE IS THE MONEY?
Frankly, it all sounds to me like the bailout is as real as the leveraged investments the spinmeisters -- who got us into this mess -- made. Smoke and mirrors.
Fix one illusion with another. That's the way to do it. Money for nothing and your chicks for free.
Did Citi Suffer a Run on Deposits? [View article]
But more amazing than the alleged runs on deposits (hello?) is the fact that this guy is talking about what "we" need to do with assets that he ("the banks") don't want.
Hey, Bandit, I mean, Pandit, what WE need to do is for us to decide. You're NOT part of WE. You're part of "they," the banks. So go back to your penthouse corner office, and take in the view. And shut up.
The Dow's Lost Decade [View article]
When Hedgies Attack: Morgan Stanley Drops 40% on Rumors [View article]