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karl, I find your comments extremely lucid and well-articulated. I think you're hitting on many critical and relevant points in expressing your thoughts about what may happen. However, I believe the biggest issue the global and domestic economy faces right now is job destruction. I really...

These people are literally insane. I use that word intentionally, and not for dramatic effect. They're truly insane. They should be drawn and quartered.

Indeed. To Bernanke and Geithner, OPM is for nothin' and chicks are free. I wonder what the ultimate default rate will be on these steaming piles of shit they're buying with our money. http://www.bloomberg.com/apps/news?pid=20601068&sid=aNBEEAbUZ7Fo&refer=home "Current TALF As...

No offense, but what if monkeys started flying out of my ass? I think 'what if?' is bad policy when it comes to the Federal Reserve deciding to spend trillions of dollars of taxpayer money are particular asset classes, in a truly anti-free market manner, in an attempt to save an economy...

So, the trillion this Bloomberg article references is ON TOP of the trillion+ they announced yesterday? I'm asking because this specifically references "securities backed by loans for car purchases, college education and real estate..."...

They're buying 350 bln worth of treasuries and 750 bln worth of non-treasury, severely toxic assets (we know they're severely toxic because under TALF, they broadened the range of assets that qualified to be purchases, as in, lowered the already low standards). This action, while not only not...

Welcome! J-O-B-S You are 1000% correct. This is the problem; not housing, interest rates, auto sales or any other symptom. Unemployment, high and growing is the disease.

Being pro-active isn't necessarily a good thing at all if the underlying thesis driving the plan is flawed. I'm just a humble person not having the academic or intellectual pedigree of one Ben S. Bernanke, yet I find his apparent expectation that injecting trillions of taxpayer dollars into...

What Bernanke is doing is indebting current and future taxpayers to provide artificial price support for the shittiest assets (i.e. forcing taxpayers to buy the 'unbuyable'), when the amount of money he is essentially borrowing (taking) by printing money is massive, on a hope and a prayer that...

I gave this thread a 5 star rating just because there is one or more asshole(s) going around and negging every single thread that has any negative economic or equity market implications. So, it's a permabull with a bad case of constipation thing. :cool:

WORLD OF TROUBLE AIG COULD BE ON $1.6T HOOK FOR GLOBAL SWAPS http://www.nypost.com/seven/03192009/business/world_of_trouble_160218.htm By MICHAEL GRAY and KAJA WHITEHOUSE Last updated: 2:03 am March 19, 2009 The investors that own many of the derivative securities at the center of...

FedEx's CEO said nearly exactly the same thing last August. Assuming he may be wrong again, whether that means he lacks either credibility or an accurate vision, well, I guess that's a matter for interpretation. http://www.bloomberg.com/apps/news?pid=20601087&sid=aw2wg2Dq3QIM&refer=home...

http://www.bloomberg.com/apps/news?pid=20601087&sid=aw2wg2Dq3QIM&refer=home FedEx to Extend Pay, Job Cuts as Profit Falls 75% By Mary Schlangenstein and Mary Jane Credeur March 19 (Bloomberg) -- FedEx Corp., the second-largest U.S. package-shipping company, said quarterly profit slid...

FedEx reported and confirmed that we're experiencing deteriorating fundamental economic conditions. Fundamentals will be reflected in a less laggy manner and it's naive to believe earnings expectations aren't still far too high.

I think it's more than fair to consider FedEx as probably one of the best indicators of the true robustness (or lack thereof) of fundamental economic activity. Their numbers were frightful, and will get worse, by their own forecast.

As Bernanke does more and more of this aggressive 'balance sheet expansion' (i.e. printing money and putting U.S. taxpayers further in debt by purchasing more and even worse quality toxic assets), he really is communicating a sense of desperation to all who are paying attention. p.s. - FedEx...

Coming months...it's more than possible. I read a comment here by someone else whereby they were stating an opinion that although resistant now, Europe and Asian central banks will ultimately succumb to the same plan our beloved Federal Reserve has adopted - quantitative easing. But, in...

:D So he can trade and spit shine. Hmmm. Ivan is one talented bastard. Ron Popeil ain't got nuthin' on him.

She love you long time if you yen billionaire http://www.bloomberg.com/apps/news?pid=20601109&sid=aoh23J2YSp8A&refer=home

Damn you, Chaos! Did he do a good job? :cool: