eddie6442

Wall Street Breakfast: Must-Know News

America as we knew it will never be the same again, thanks to our Government. All this mess has been CREATED BY LEGISLATION.

Elections are within a month, and I'm predicting INCUMBENTS WILL BE REELECTED >90%!
Ralph Nader on C-Span last nite made one of his most astute and honest comments, "Congress is laughing at the taxpayers --they think we are jokes easily manipulated, and neccessary only to perpetuate their FIEFDOMS". I can't disagree, and will be watching as INCUMBENTS WIN IN NOVEMBER.........and this time...
IT'S ON WE THE VOTERS...........
.WE KNOW BETTER YET LACK THE GUTS TO CHANGE!!!!!!!

Wall Street Breakfast: Must-Know News

Why aren't we hearing about the comments from Congresswoman Kaptur [D] Ohio about the Bailout Bill and her opinions of the threats facing America? She seems to represent a rapidly growing minority of officials answering the question: "WHO ARE THOSE GUYS"!!!!!!!!
I found her comments on the JBLU board on Yahoo Finance. First I had heard them and FOX may be the only media outlet which could broadcast them. We'll never see her comments on the Networks??? They're too commited to destroying Sarah Palin........ Now they have two strong and patriotic women not afraid to stand up to ominous powerful forces......
IMHO

Wall Street Breakfast: Must-Know News

BAILOUT POLITICS:
[1] Imposes "some curbs" on Exec comp........
[2] Taxpayers to "share" in any profits.......... with ACORN??????
[3] Treasury Dept still Market Maker...........
[4] Vulture Investors.........Full Disclosure when they buy????????
[5] SARBOX & FASB 157 not addressed to stop hemmorraging.......
[6] No contribution from Billionaires/Millionai... $11 Trillion.........
[7] No change to SEC UPTICK RULE & NAKED SHORTING!!!!!!!
****As one honest expert stated Sunday, TAXPAYERS ARE THE SUCKERS..............A...
Americans who are investors in stock market instruments need to take this opportunity to reevaluate their financial positions and consider preservation of capital as #1 priority well above gains/risks..............
Don't let this happen to you again, as it will, because nothing has happened to the GREED MERCHANTS or the GAMES OF WALL STREETS WORST PLAYERS!!!!!!!!
IMHO

Wall Street Breakfast: Must-Know News

I continue to be "amazed" that none of these so called experts has proposed removing/changing the pressure points on these stock prices and institutions: SARBANES/OXLEY & FASB 157 & UPTICK RULE. Assets would immediately be MARKED UPWARD & STOCK PRICES WOULD RISE! Little tax payers money required as problem self corrects...........
It's as if a man bleeding to death goes to ER and is fitted with continuous pints of blood infusions, while allowing the hemmoraging to continue unrepaired>>>...

Genius' of Morons?????????

Fannie & Freddie Bailout? - Fast Money Recap (9/5/08)

Sarbanes-Oxley is largely responsible for these massive writedowns, due to personal liability of Officers/Directors. The uncertainty behind financial numbers makes for effective FUD planted by Hedge Funds into the willing media. Naked Shorting [illegal] yet done with SEC compliance, becomes real handy driving down share prices as far as "they" want. Congress is now passing laws to dramatically increase % of company that can be owned without disclosures @5 & 10% levels. Soon new ownership will become obvious of Americas financial institutions and , as the previous poster stated, small investors will be wiped out yet again. This will make Enron/Worldcom look like chump change, comparatively. Maybe all this is simply coincidence of our inept and/or corrupt government institutions?
IMHO -- FWIW