sether

Five Predictions for This Market

Caren, you twit.
Who milked the system? I assume that by 'milking the system' you mean 'made billions of dollars'. Was it the fly-by-night mortgage companies writing NINJA loans and immediately selling them to Investment Banks? I-Banks and the like who securitized those loans and re-sold them world-wide? The ratings agencies who rated this crap AAA? The folks buying and selling CDO's CDS's based on this junk? The de-regulators that facilitated all this?
You are not smart. Turn off the FOX and think for yourself. Duh indeed.


On Mar 04 04:18 PM Caren wrote:

> People milking the system generally tend to be more socialist in
> nature. Duh.

Five Predictions for This Market

Cheers. Yet another columnist who can't leave the gratuitous Obama bashing out of an otherwise fairly decent article. Like the rest of us, all these stock market fetishists are alot worse-off than they were just a few scant quarters ago. We're all angry about it. The difference is that they don't quite know where to direct their anger. Petty stock speculation is now and has always been superfluous to the economy. Wall Street is not the economy. Reviving Wall Street is therefore not at the top of this administration's to-do list. Thank God.


On Mar 04 09:17 AM oldcurmudgeon2 wrote:

> Why would I follow the advice of an idiot who is blaming President
> Obama for this crisis? Some kid who apparently thinks all the Bush
> tax-cutting created this extraordinarily strong economy we have?
> Garotte Garot!