Recent content by dhyde

The only possible silver lining (if any) is, if I am reading it correctly, that he is allowing the tax cuts of 2001 and 3 to roll off in 2011. Is that how you read it? This isn't really news and should not come as a complete surprise to anyone. Now again caveat the above comment with my reading...

What an idiot Larry Summers is. How does anyone in that administration with any sense allow for an announcement like this right now? Honestly like this announcement has to be made right now, remarkable!! Dow just making new lows and begging for support and you throw this out there for a Monday...

Art Laffer is a freaking idiot. Thank God someone was able to pull the tape so the whole world can finally see why. Now if you could just find something similar from his buddy Kudlow, I could grab a a coke and a smile, sit down and watch my comedy for the evening... well actually, shit, they...

"its not money market funds...only a select few people are effected." Honestly - what the hell do u think tax free money market funds are buying friend??? UBS just threw the entire industry under the bus by recognizing the decreased value in these securities and taking its hits early. The...

"but as a taxpayer I play by the rules, pay my bills, and work hard to earn my money ... so it pisses me off when I have to help pay taxes (and blow a big hole in the national deficit) for other peoples greed." hey brother..I'm right there with you. I think the entire deal is bullshit and the...

"But let me tell you brother, do you want to run the risk of letting our modern day financial system blow up due to some ideology you were taught in class while your hard earned money is on the line in the very institutions that you are saying should be allowed to crash and burn????" Oh yeah...

"Then they will charge it off to the tax payer when no one is looking." People need to finally realize the tax paying public is screwed in every which way possible regardless of what they do. I can not think of one outcome in this situation where the public does not take a bath when this is...

"And the futures are nicely up!! Weird times " sp500 down 13 and dow down 94

"I thought i would throw that in there to remind some of you that buffet was interested at 120 last year." honestly. Regardless if he cared there or not, the world is a much different place then it was a 6months ago. The only thing people can say about companies in these type situations is...

"SHAME ON YOU" hey momo..i mean syswizard....i'm not sitting here making a case for/against the rule..I'm simply stating the combination of a historic deleveraging with the elimination of this rule at the same time is a matter of bad timing that will have it's day. AND I'M 40% SHORT...

"elimination of the uptick rule" It's amazing to me that this never gets any attention. It's also amazing (coincidence????) the parallels between it's abolishment and the volatility spiking from July on. I wish someone could explain why the regulators "all of a sudden" decided to elimate this...

"Can someone please tell me how Abby Joseph Cohen keeps her job?" - You've nailed it...I've wondered this for 7years...truly a question for the ages..unbelievable.

"I do not think you understand what I wrote. Money went someplace, it was not destroyed." - No, I don't think you understand. Yes the money is gone. No the money has not been "transferred" to someone else. When you have assets worth nothing you write them down off your books bc those assets...

ABB - 25% Asia...44% europe...13% middle East/africa...point is 82% outside the US

Rothschilds, Warburgs, Rockefellers, Morgan etc. Pretty much the oldest and most powerful families of the early 20th century from both the United States and Europe. Think OPEC westernized for banking - bc that's all it really is. Read "The Creature of Jekyll Island" to get a better...