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  1. K

    Iranian Militay is no joke!

    Iran shot 9 test missiles only 1 capable of hitting Israel. they had to use photshop, what a joke. iran is Iraq during Saddam. that army would run so quick while Israel bombed them. and would not be able to strike back They are not going to war, And Ehud Olmert will resign in a matter of...
  2. K

    Economic and market consequences of FNM/FRE bailout

    yes we all know common are last in line, but a normal ceo does not care aobut bondholders. this being a quazi government adjency blurs the line. A ceo is suppose to maximize shareholder value. if that maximization is .02 cents instead of 0 they need to take the .02 cents. thats why bear...
  3. K

    Economic and market consequences of FNM/FRE bailout

    really really dumb question here. the CEO of these 2 companies are they supposed to have the shareholders equity value as most important? I ask this because if FRE is close to going into conservatorship where the shareholders would get nothing, would it be in there best interests to...
  4. K

    Economic and market consequences of FNM/FRE bailout

    it wont happen, but all paulson has t do is pick up the phone and every othr member of the 7 would do there part to push up the dollar as we did in 2000 with the euro. Everyone saw what happened with Thailand last year, and the USA would be the last to impose currenct controls on the world...
  5. K

    Economic and market consequences of FNM/FRE bailout

    hey if you want to change the question 1/2 way threw the argument be my guest. all your points are well taken. but i was responding to someone telling me i was on crack because the USA does not grow at 6+%. my argument was, who cares that we have a deficit of 3% of gdp, if we are growing at...
  6. K

    Economic and market consequences of FNM/FRE bailout

    again what is the "big deal" or what is the actual news out this week on fnm and FRE? NOTHING< THERE WAS NO NEWS!!!!! A Lehman note on Fasb 157? a joke article of the NY times? (same paper said buffet was going to buy BSC at $120) or the WSJ article on Thursday that said the Government had...
  7. K

    Economic and market consequences of FNM/FRE bailout

    really good point. i was thinking this yesterday. they are basically really big mbi or abk. and there cdo's are priced for a company with a rating 5 levels below AAA. i did see credit defalt swaps for the USA debt was up 5 basis points at one time yesteday. my question is if your insuring...
  8. K

    Common Sense.... Boone Pickens

    i bought this stock (CLNE). hes on cnbc 24 7 right now with his energy plan. this is his recent ipo, andhe has been pitching it. up 12% today in a down market
  9. K

    Economic and market consequences of FNM/FRE bailout

    Fitch S&P and Moodys ALL came out today(7/11/08) and affirmed USA debt rating. even if they had to take fre and fnm on there books. Can all the rating agencies all put FNM and FRE at AAA, knowing there not a AAA company without the "implied government backing". And at the same time rate...
  10. K

    Economic and market consequences of FNM/FRE bailout

    economics 101. lets say in 2008 we will have REAL GDP at 1%. lets use your "10% using 1980's era cpi" that means the economy grew at a rate of 11% using nominal gdp. we both know nominal gdp means nothing BUT it does when taking into consideration the 9.5 trillion dollars you owe...
  11. K

    Economic and market consequences of FNM/FRE bailout

    hmmm........lets see 5 trillion of debt. a 1 trillion dollar loss=20% forclosure. oh wait. isn't fannie backing a loan which has a house? meaning if "1 trillion dollars defualt" that at least your getting 50 cents back on the dollar? Or basically you would been about 40% of houses to...
  12. K

    Economic and market consequences of FNM/FRE bailout

    i responded already, but my reply got included in your responce thank god they had accounting issues, or they would have made much more loans in the past, and a bigger issues now. and the accounting issues where to pad earings if i remember. so i think it would be difficult to hide more...
  13. K

    Economic and market consequences of FNM/FRE bailout

    they have 5 trillion of debt. but at the highest estimates the delinquincy rate is only 1%, so that would be 500 billion dollars of possible debt. or about 3x the stimilus package we just had. 5 trillion number is silly. i don't think 100% of all houses will defalt on there house. usa...
  14. K

    Weak Dollar.....What Is Wrong With It ?

    I'm probably wrong but cant name any country that is not "export-dependent" outside the USA and EU
  15. K

    Weak Dollar.....What Is Wrong With It ?

    Low rates have only been around since 2001, before that the cheapest we could borrow at was 7% most of our debt is in long term instruments at higher rates right now
  16. K

    Weak Dollar.....What Is Wrong With It ?

    which deficit do you speak? budget, current account, or government debt? becuase i think our budget, and government debt are low. who cares if we carry a 3% budget deficit, if we grow at 6%-7% a year OVER THE PAST10 Years on average? the our debt gets smaller vs our gdp.
  17. K

    Any ideas on how to trade the ECB rate decision tommorow morning?

    isnt this priced in? 57 of 58 est.s had 25 basis point raise.
  18. K

    Weak Dollar.....What Is Wrong With It ?

    Last time i checked China would also have a weak currency and they have done pretty well over the past 20 years. japan may not have a good economy now, but has one cheap currency, and has had deflation for the past 10 years
  19. K

    Weak Dollar.....What Is Wrong With It ?

    we do have a large deficit. both a budget and a US total debt. but Both measures are small when you look at other developed and undeveloped countries (including Europe). 2)cant really argue with this, but EVERYONE was bitching in AUG-FEB the fed was not cutting enough. I love the fact...
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