QuasiYoda

Greenlight's Einhorn: Buying S&P 500 and General Electric Puts

Brian, you lead with ignorance of what a Free country and free markets are all about. It is not "anarchy" to have the market set interest rates. Had that been the fashion in which our interest rates had been set we would not be in the trouble we are now. In fact it is a Hell of a lot more orderly then private interest pushing their agenda onto the market. Market setting interest rates is how "free markets" would set rates as opposed to a single falliable Fed Chairman, like Easy Al Greenspan or Helicopter Ben Bernanke who dominate Fed Policy. Their Job is not to promote a stable currency and economy but simply to Promote and Protect the PRIVATE BANKS who own the Fed ie Large US money center banks like Citibank, Goldman Sachs, JPMorgan etc, Large English Money Center Banks and German as well.




On Aug 17 09:45 AM Brian McMorris wrote:

> There are only two reasons to cheerlead the destruction of the world
> financial systems, which many at Seeking Alpha (Quasi) apparently
> do.
>
> 1. A political agenda for the elimination of all government management
> of the financial system, in other words a completely "free market".
> I have another term for this concept. It is called "Anarchy". Great
> plan. Every many for himself. I have a little sympathy for this
> perspective. At least these people have some ideals (Ron Paul Libertarians).
>
>
> 2. Such cheerleaders are playing the market from the short side
> and are trying to profit from everyone else's misery. They don't
> care how many people they put out of work or homes. This is much
> more pathetic than the misdirected anarchists. News flash to Bear
> cheerleaders: you caught the planet's financial system flat-footed
> in 2008. It won't happen again. There are plenty of ways to cut
> you off at the knees. If you are a perma-bear, you will be bankrupt
> soon. Enjoy the next week, then get ready for more pain.

Greenlight's Einhorn: Buying S&P 500 and General Electric Puts

apppro where do losses come from in such a situation? From not having enough money to back your positions . . . thus they were over leveraged, Hello?

I see you conveniently ignore the issues I bring up . . .

Greenlight's Einhorn: Buying S&P 500 and General Electric Puts

apppro's comments above are just another example of the standard line used to defend "The looting of the American Middle Class" and the Good Old Boy Elitist Club filling each other pockets at the expense of honest hard working Americans

apppro " (which our Treasury OK'd)"

Like I said "Lax Gov't Regulation and Risky Investing "

apppro "This destroyed the confidence" Yes that is how cons or confidence schemes are debunked. Your problem is you believe in Ponzi scheme finance.

Those short sellers are part of the market and they operate without the help of intervention in fact they have to withstand it. Gov't intervention merely enables criminal elements to defraud the public. To big to fail and to corrupt to fail is Money Center Bank Propaganda tool

If you're for gov't intervention to support corrupt corporate entities from a NeoCon Republican standpoint or a Democrat Standpoint I'm against you!

Greenlight's Einhorn: Buying S&P 500 and General Electric Puts

Your saying Einhorn orchestrated a takedown of Lehman is pure disinformation. There is probably a great analogy to put here but I can't think of it. So the outrageously excessive leverage used by Lehman had nothing to do with it? I forgot we live in an age where one is not responsible for the results of ones actions. Lehman found out differently when the Good Old Boy Club of Money Center Banksters cut them out of the bailout club. Lax Gov't Regulation and Risky Investing worked together to take Lehman out on thin ice.

And you fault the guy that recognizes "thin ice" when he sees it. Give me a break. I 'd love for him to educate our lawmakers and regulators on what the concepts of sound finance are all about in this overleveraged world.

The US would do better to slaughter the entitled mammoths of Money Center Banksters and others so we can move into the 21st century unencumbered by back office sweet heart deals where the Corporate Folly is Socialized and Corporate Greed is Privatized.


On Aug 16 11:44 AM Tom Armistead wrote:

> More likely Einhorn plans to orchestrate a takedown on GE the same
> as he did on Lehman. If successful. that would result in the S&P
> 500 going down rapidly, to say the least.
>
> I am not aware of anything to suggest that there is bad blood between
> Immelt and Geithner like there was between Fuld and Paulson. Plus
> the authorities have noticed that the collapse of a major financial
> institution has repurcussions and are unlikely to let personalities
> get in the way.
>
> Einhorn would do better for himself if he made positive bets on GE
> which is an American Icon, also on the S&P, which is undervalued.
> But if his bets are losers, as I think they are, I personally will
> be happy to see him lose money while I make it.