This market is amazing given the realities :residential and commerical real estate continuing to drop, deliquent / vanishing tennants in commercial real estate, banks are being asked to put up even more capital for the next possible huge stress, rising unemployment leading to less spending and worsening consumer credit, balooning government deficits due to excessive spending and less revenue, corporations struggling in most sectors and no upside (growth) in sight.... (add your own observations here)
YEP .... the markets are about to be hammered. WATCH OUT BELOW!
The $700 Billion Cram-Down-No-Doc-Proposal [View article]
Your question is "why should Paulson and Bernanke be so afraid of the big bad wolf?"
There was no bailout announcement during the failures of Lehman, Freddie, Fannie, AIG etc. But when Goldman started to drop toward $100 per share there was the bailout idea / announcement by Hank Paulson / George Bush. Why did the bailout come at this time? It is because Paulson owns $500 million of Goldman stock. If you were going to lose that kind of cash you would bow down / get on one knee to whomever you thought could save your ass!!! In fact, some of you may have done a lot more for Nancy!
There was no bailout announced during the Freddie, Fannie, Lehman, AIG.... failures. Once Goldman started to drop below $100 / share there was the bailout announcement by Paulson. Guess why? He owns $500 million or so of Goldman stock. The bailout is for Hank not for us hucksters. Watch out below!!!
We're Due for a Serious Pullback [View article]
YEP .... the markets are about to be hammered. WATCH OUT BELOW!
History Indicates a Bottom [View article]
The $700 Billion Cram-Down-No-Doc-Proposal [View article]
There was no bailout announcement during the failures of Lehman, Freddie, Fannie, AIG etc. But when Goldman started to drop toward $100 per share there was the bailout idea / announcement by Hank Paulson / George Bush. Why did the bailout come at this time? It is because Paulson owns $500 million of Goldman stock. If you were going to lose that kind of cash you would bow down / get on one knee to whomever you thought could save your ass!!! In fact, some of you may have done a lot more for Nancy!
The Calm Before the Storm? [View article]