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$477 Billion dollars of CDS exposure and all of the counter-party risk that is associated with that says otherwise.

Agreed 100%

That is a rather simplistic assessment of an issue that is much more complicated than you appear to realize. Greenspan had an incredibly excessive ideological belief that markets were "self-regulating" and did not suffer failure or distortion. It's not just about low interest rates. That...

WEDNESDAY is D-DAY. Geithner will unveil the details of his Stress Test plan, which could include forced mergers, more infusions, and/or extremely troubled institutions being Nationalized for a certain period of time with a board of trustees being put in place made up of bank managers...

You can say that again! Bernanke made an incredibly dumb assessment of thinking that the CDS exposure was "limited" . . . And thank Phil Gramm for the "Commodity Futures Modernization Act of 2000" that created the CDS exposure, exempt from any kind of regulation.

45% is idiotic in my book. And that's down recently from 55%.

Believe it.

I think that you fail to make the distinction that these were actually FREE markets in the first place . . . You may want to criticize the Govt. all you want regarding current financial market intervention, but much of this is the result of an Administration ( and Alan Greenspan ) embracing the...

Yes. And I have no doubt that this thread will be moved to "Chit Chat" soon as a result. :D

As someone that actually lives in California, I would tend to AGREE with you. And make no mistake, there will be a reduction in services, resources, and some pain to go through for years to come. But you also have to understand that there is a rather "Pro-Bush" conservative clan of...

Did someone say 738? :D

Would you rather that the Obama Administration simply "nationalize" Citi and allow the shareholders to get completely wiped-out??? And before you answer, please be aware that Citi is essentially insolvent. What's YOUR solution?

Another ploy by Baron to try and get web-activity up near the end of the month so that he can have some "bullish" stats to present to his potential Advertisers . . . and all of you guys fell for it. Congrats.

The Obama administration will send Congress an $82.8 billion war cost request to fund operations in Iraq and Afghanistan through the end of September, a request that if fully funded will bring the total cost of the two campaigns in fiscal year 2009 to $148.7 billion, according to Pentagon...

I don't believe that these studies ( or at least some of the ones that I took a look at ) covered the effect of ETF's on the market. And from a purely subjective point of you, I think that one could easily argue that the stock market has frequently had days where the market collapses triple...

Yes, and I would be remiss if I did not point out that ET is the GREATEST contrary indicator and FADE known to mankind! If you don't believe me, feel free to take a look at all of those polls in the Trading Forum over the years. :D

Similar logic? Wow, what kind of meds are you on??? The way you use analogies is quite twisted.

No one has ever argued ( and certainly not me ) that "bubbles and busts" have not been gong on since money was invented. But you continue to miss my point, which is that political interests have allowed for human nature to take over the market place and left to go unbridled, and untempered...

I nominate this thread and the logic behind it as the WORST post ever on ET. Who in their "right" mind would actually argue for "double-taxation" of its citizens? Looks like the market isn't the only thing making new lows, so is ET and some of the ridiculous failed logic that has been...

Turn on your brain. This potential policy change is not just about the BANKS being priced appropriately . . . It's about slowing down the VELOCITY of the market. We are talking about publicly traded companies here, with boards of directors, employees, that produce a good or service, etc. - -...