Fitz919

Cramer's Mad Money - More UltraShort ETFs? (4/28/09)

There is so much spin coming from the Govt, and supported by the gullible media that my head has been spinning for about 7 weeks.

Twitee: Is so right!

Why did Paulsen and Bernanke force the merger of B of A and Merrill Lynch? Why is no one coming down hard on them for doing it? Why are CFOs committing suicide? Why are we buying our own debt? Why has the Govt. made it so difficult to pay back TARP funds? Why is Geithner pushing the public/private partnership plan to buy up bank's toxic assets, when everyone knows the relaxation of mark to market accounting rules has rendered his plan DOA? Since the banks can value these assets as high as they want them to be...they are the geese laying the golden eggs for the banks...they'll never sell. Why does Obama's plan to rescue 9 million home mortgages, create mortgages which reset in 5 years? Hasn't he learned anything from Sub-Prime, Alt A, and Option Arms which have ruined our economy?

Not only do we have a corrupt banking system...we have a corrupt Government running it. And their downfall, in the form of a new market low, and if we are lucky a market bottom are not far away.

When lies and spin cause the market to run up as it has, the truth is the only thing that will bring it back down to hard cold reality.