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  • Wall Street Breakfast: Must-Know News [View article]
    Maybe Spald was gaming me about 7:45 this morning. LOL

    Agree 116B can't keep up especially when Ben and Timmy are playing with Trillions.


    On Dec 01 09:22 AM Old Trader wrote:

    > "Looks like Japan will intervene in the yen/dollar debacle. Wonder
    > if 116B is enough to keep up with Tim and Ben working the presses."
    >
    >
    > DG,
    >
    > I don't think so, given the pre-market pricing of ALL commodities.
    > Hmmm..the comment section was open and empty when I posted my first
    > one.
    Dec 01 10:29 am |Rating: +1 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Don't forget Barney Frank stating they were sound louder than anyone.

    Looks like Japan will intervene in the yen/dollar debacle. Wonder if 116B is enough to keep up with Tim and Ben working the presses.

    Did anyone else notice there was no comment section here earlier this morning keeping us from making comments. I could not make a comment earlier this morning.


    On Dec 01 08:36 AM spald_fr wrote:

    > IBDG
    >
    > ["Government turns up the heat on home lenders. The Treasury and
    > HUD unveiled their Mortgage Modification Conversion Drive Monday,
    > hoping to increase pressure on mortgage lenders to permanently reduce
    > monthly payments for troubled homeowners."]
    >
    > Check today's WSJ op-ed page for an insight into Fannie and Freddie.
    > Two economists predicted a number of times in the past ten years
    > that both programs were structurally sound, with little chance of
    > financial failure. One of these guys is a current administration
    > financial adviser.
    Dec 01 09:04 am |Rating: +3 -1 |Link to Comment
  • Too Big to Fail vs. Too Political to Regulate [View article]
    Congresses incompetence in a nut shell.

    "Would any rise in interest rates to contain only a modest rise in inflation ever be tolerated by Congress? That is doubtful, so modest inflation would be permitted to turn into moderate inflation, which would soon evolve into higher inflation and, possibly, hyperinflation."

    Just like our little debt, became moderate debt, which evolved to absurd debt to.........Presently astronomical debt.

    And then there is unfunded liabilities.

    Oh please don't get me started.
    Nov 24 08:07 am |Rating: +1 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    GS up a creek with shareholders over bonuses, Fed audit closer and Timmy asked to resign.

    Am I dreaming? Is this for real?

    Maybe dreams do come true.
    Nov 20 08:56 am |Rating: +10 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "General Motors posted a $1.5B loss for Q3, but announced it would repay $6.7B of its $50B government bailout"

    Not acceptable. Pay it all back!!!

    "18 of the world's largest financial firms, urged House Financial Services Committee Chairman Barney Frank not to pursue big bank break-up legislation."

    Banking Lap Dog Barney Frank will do all he can to save those 18 banks against the peoples wishes and we the people need to raise holy hell, starting here!!!!

    Time to break up the TBTF's then remove Barney Frank in 2010.
    Nov 17 07:58 am |Rating: +15 -4 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "Central banks say they've been snapping up dollars this week in an effort to stem its slide and hold down the value of their currencies"

    Everyone joining us in the race to the bottom. Of course they will be able to sell at a profit if the dollar carry trade goes bad. Hmmmm.... Central banks what would they know?
    Nov 12 07:44 am |Rating: +7 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Dodd torpedoes bank reform. Watch what they do not what they say. This is a perfect example of Washington games. No chance for bank reform this year now.

    Dodd knows exactly what he is doing and is delivering tricks for the special interests (big banks) that keep him around as their lap dog.
    Nov 11 07:40 am |Rating: +17 -3 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Conference Board reported its Employment Trends Index rose 0.7% to 89.3 in October.

    A small and pathetic move up. A single match and we need a forest fire.

    It is however something positive if we can continue. I am concerned that maybe some temporary employment for the Christmas season may be all we are seeing here. Once the Christmas season is over will be the "tell" that I am looking to see.

    As far as jobs go we are getting nothing from the administration and idiots in congress, they are to busy stimulation special interests and bribes err, ummm "campaign contributions." Yea, that's what they call it in Washington.
    Nov 10 07:44 am |Rating: +5 -4 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    WHO made the rule to prevent under capitalized banks from offering higher interest rates to depositors? Prevent the banks from seeking the very capital they need and keep us citizens from getting a decent interest rate, presently nearly nothing.

    This just smacks of corruption from elected officials trying to collect more reelection bribes from the too big to fails in an effort to strengthen said TBF's.

    We hear Dodd, Frank, et al talking like they are going to save the consumers with new banking regulations and this is what we get.

    Watch what they deliver on not what they say. Our congress and senate are so corrupt they no longer hide anything if you just don't listen, instead WATCH it will become crystal clear..
    Nov 06 08:23 am |Rating: +14 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    First we were told 3% then Goldman Sucks tells us its going to be low at 2.7%. THEN it comes in at 3.5% and the stock market soars like a rocket launch.

    I'm feeling like something was up here. Are they trying to game the investors. Nah they would never do that, would they.

    GS always KNOWS the number.
    Oct 30 09:20 am |Rating: +6 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "Mutual funds - including those run by T. Rowe Price (TROW) and BlackRock (BLK) - are using Fed financing to reap 15%-plus returns"

    "in essence shifting most of the potential losses to the government. In the words of one fund manager: "This is one of those opportunities that, as an investor, we have to take advantage of."

    Am I the only one that sees a bunch of crooks here?
    Oct 29 08:48 am |Rating: +12 0 |Link to Comment
  • Is This the End of 'Too Big to Fail'? [View article]
    I want to know who believes we can trust the FED with this authority and corruption will not follow/continue. Is there even one out there that believes this?

    All FED employees and politicians need not respond. We already know whose bed you sleep in and how your paid for your "Services".
    Oct 28 16:09 pm |Rating: +6 -4 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I prefer anal-cysts.


    On Oct 22 09:57 AM notsosmart wrote:

    > anal-ists figures.just another joke.make the figure high the co.
    > misses. make the figure low the co beats.who has what agenda?
    Oct 22 10:26 am |Rating: +1 -2 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "businesses are relying on government spending"

    Just think if the government actually stimulated jobs. Businesses could start to rely on consumer spending.

    Just a dream. The nightmare of reality is still upon us. No jobs.
    Oct 22 08:14 am |Rating: +9 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Unfortunately Magnic I think it does!!!


    On Oct 19 09:17 AM magnic wrote:

    > I wonder if GS is on that list, or if someone removed them from it.
    > 80% of revenue from TRADING? Does that mean they are using my tax
    > money to trade against me?
    Oct 19 09:39 am |Rating: +2 -1 |Link to Comment
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