normthefedup

Wall Street Breakfast: Must-Know News

Listen..is it just me or am I missing something? Has it REALLY been two days since that idiot Felix Salmon has written something about the "inevitable nationalization of the US banking system?" Or did he finally put himself out of OUR misery???? One can only hope. Go back to writing another set of fairy tales, Felix. It seems to be your expertise. Thanks, US Government, for saving our butts. I know nothing is free, we'll all pay this back eventually. But for today, most of us are still working and eating. Have a great day, all.

Options Trader: Friday Outlook

Phil, nice work. Just one additional voice in the wilderness screaming that assets may be worth less, not worthless. One of my current favorite lines. This market is driven by fear and downright panic, now, it's time for the little guys to run for the hills and make room for those who REALLY know what's going on. To put something into perspective that you said comparing $7 billion of Citi's dollars (sure it's a big number....but...read on) to $2 TRILLION in assets: if you had $100 in your pocket, wouldn't you pay $.35 to get the government off your back??????? So let it be with Citi...et al.....thanks, again.