blondino

The Coming Consequences of Banking Fraud

i say, the money piled up has to flow back, so get on board and make money in the years to come...

Combating Cascading Short Spirals

yeah, and go to china if you wanna jump the pyramid game of short sellers! :DD

Capitalism: RIP

read this for a good laugh:
www.cnbc.com/id/268673...

Capitalism: RIP

the result of term limits will be grab more over a shorter period of time while you're in power ;-))

Capitalism: RIP

keep it simple? US capitalism/society is massively built on credit-based consumption - consume more NOW, leave the rest for tomorrow. to sustain such consumption to keep the masses satisfied the US had massively endebted itself relying on 'donor' nations which it had ridiculed and pointed fingers at for being undemocratic or even evil (middle east, russia, china). there is no infinite growth without hitches and sacrifices and when a bubble takes a hit it may not burst but take a new shape. without intervention at some point there will be anarchy; rules have to be set implicitly or explicitly in societies (markets included). otherwise it is impossible to deal with the results of the aforementioned hitches and their social/economic impact. this will be the price to be paid to save the US now. not all measures taken will prove effective and yes, only an insider elite will come out of this mess as net winners but hopefully some lessons will be learnt. bending and constantly changing the rules while trying to put out the fire is also a very dangerous game...

Capitalism: RIP

...oh, and that is what Gen Paulson & Co. want to re-institutionalize, so it aint over just yet...

Capitalism: RIP

the underlying reason is the whole US economy/society. living your rainbow lives from credits and loans - once it turns negative it's a nasty spiral...

Capitalism: RIP

yeah, and congressmen care about re-election and staying at the dinner table...screw the rest, it's human nature after all

Capitalism: RIP

To remove an important market function with absolutely no notice is draconian, and reeks of overt fascism. It says we no longer have a free market.

calling it drastic is okay, but this is far from fascism - don't be ridiculous! were you up to your head in short positions or what's this cryout? you no longer had a free market when General Paulson nationalized FRE/FNM over a sunny weekend closing all escape doors for investors...

Prepare to Sell Monday - Cramer's Mad Money (9/19/08)

of course you don't sell goldman cause Paulson is saving his buddies ass on War Street before the waves reach his ex- corp.
don't understand all the hurray about 'saving' FRE/FNM & letting LEH fall wiping out shareholders and boosting massive profits for shortsellers with great lobbying skills - but this created a domino-effect and the ban on shortselling is an outcome, so shortsellers (Cramer one of their top advisors) are now escaping the boat like rats...
(you shouldn't let an ex-broker steer the wheels)