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  • The Very Slow Thaw [View article]
    Felix...

    "...if we stay in the green"

    Well...

    I think everyone can now see the "rally" that about $3 trillion will buy you. This weekend Bush, Paulson, the G-7 and G-20 will meet to spend $15 trillion taxpayer dollars to buy us a week of green... Maybe a week... Of course, they will impoverish the entire world, but who cares.

    Bush+Paulson+G-7+G-20=...

    Rule Number One: You can't buy confidence.

    Rule Number Two: You can't buy a market bottom.

    As for GE Felix, Don't you think GE will be well taken care of by Bush-Paulson? I mean they had their buddy, Warren Buffett, sink his big $$$$ in GE to give the appearance of confidence... Or something like that... I guess if Bush-Paulson doesn't bail him and GE out, I guess he could go to work as a clerk at Omaha Steaks. Or he could open up his own line: Oracle of Omaha Steaks -- All of the meat will be overdone, dry and over-hyped.
    Oct 14 16:44 pm |Rating: 0 0
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