Search results

  1. L

    LMAO at this article

    Too long didn't read but the whole article can be summarized from George Orwell's Animal Farm Boxer - "I would never have believed that such things could happen on our farm. It must be due to some fault in ourselves. The solution, as I see it, is to work harder." Work harder people and...
  2. L

    Do you advise holding emergency cash?

    So your saying if I want to enjoy Armageddon have enough on hand to tip my whore and junkie well and don't tell any of the women I know. Thats the best advice I've heard all day!
  3. L

    Dicky Fuld.."We're Back Baby"

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aczLjF35rxQM&refer=home Everything is ok know. "whew"
  4. L

    Do you advise holding emergency cash?

    I would imagine a Bank Freeze impacts everything it doesnt matter if its electronic transactions. What matters if the bank has sufficient capital to allow transactions, whether its taking out $500.00 at the ATM, or allow $500 debit to you checking out for you light bill. If the bank ledger...
  5. L

    Do you advise holding emergency cash?

    I am amazed at the confidence still exhibited in the banking system given the recent history by governments of freezing redemptions and controls during crisis. Albeight temporary. Straight from the IMF, when confidence is not restored Deposit freezes are necessary as final measure...
  6. L

    Do you advise holding emergency cash?

    With the continued shadow run, the likely http://www.collegenews.com/index.php?/article/wachovia_freezes_93_billion_college_fund_15923/ the possibility of a nationwide freeze or cap on bank withdraws is increasing by the day I would say from less the 1% 2 weeks ago to 5% now. Anyone...
  7. L

    Federal funds rate jumps to 7 %

    Everyone who supports the bailout uses the same uninformed argument that is 1929 and if we do nothing just like in 1929 we will have a bank run and a great depression. Except. 1) There was a lot done in 1929 including the following - Liquidity injections, Friedman was wrong credit...
  8. L

    Dollar Strength Shor Term or for the long run?

    I have been very bearish on the Dollar for the past few years however the events of the last few days and the response of the dollar have led me to the following thoughts The dollar rally could be very real and indicative of a long term shift in the market back to a strong dollar. Here why...
  9. L

    Bloomberg seeks 3rd term as NYC Mayor

    I hope this inspires B.Hussein Obama, peace be upon him. When we find great leaders we should desire their benevolent leadership for as long as God permits them to grace this earth. Its only through the divine inspiration of prohpets like B.Hussein Obama, peace be upon him., that we will...
  10. L

    Even if it goes through, this bailout will help no-one

    Wrong! The bailout will help several groups in no particular order 1) Banks who have the most toxic of crap on their books and have not stepped forward. 2) iBanks who will get to handle the transactions and will be contracted by the government to assist in this process. 3)...
  11. L

    Cramer you should be ashamed.

    I love Kramer! <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/xsjnR-sOoY8&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/xsjnR-sOoY8&hl=en&fs=1" type="application/x-shockwave-flash"...
  12. L

    Cramer saids if no bailout Dow down 2000+ true or not true?

    When Warren Buffet Talks people Listen. When Cramer talks, I have a bowl movement. Cramer is fun. But he is pure entertainment. Like watching the hills and really believing that LC and Heidi hate each other. If Cramer was FO real he would be rolling in the shiznit from his...
  13. L

    McCain will come out looking like a hero rallying Republican

    I think Americans are so disgusted with the whole process. That its not likely to be clear who the heroes are. Even if the bailout is stopped..this will be good in the long run but it will be painful in the short run Like cauterizing a wound with a hot butter knife.
  14. L

    Sell...sell!!!!!!

    The Crop Report is a Fake!! <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/RAXdie_gifI&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/RAXdie_gifI&hl=en&fs=1" type="application/x-shockwave-flash"...
  15. L

    Cramer saids if no bailout Dow down 2000+ true or not true?

    I love Kramer! <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/PKs6y9_d2ps&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/PKs6y9_d2ps&hl=en&fs=1" type="application/x-shockwave-flash"...
  16. L

    Reminder - Jim Rogers has been short investment banks for at least over a year

    http://sify.com/finance/fullstory.php?id=14761186 Jim says keep buying commodities
  17. L

    Default by the US government is no longer unthinkable

    http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/09/21/ccliam121.xml Here comes the next move. Dollar is going to collapse. Once the train leaves this station it will not be coming back.
  18. L

    Hyper Inflation Risks?

    Echo the sentiments. Unfortunately we also hoped that the Morgtage marked would unwind slowly.. I think the runs to the exits on U.S debt is starting. Japan and China do not want to be last on the creditor list.
  19. L

    POLL Sept 18 - The "latest" Bailout - will it work?

    That is one lucid post... I think your hit it right Wall Street has crashed and burned too many times in the last 20 years Unfortunately the regulation that will come out of this will pretty much kill public financing and kill the supply of good firms. This will also tguarantee that are...
  20. L

    A question about the early bail out fund

    Here is a good read on the whole mess from Greg Mankiw http://www.nakedcapitalism.com/2008/09/why-you-should-hate-treasury-bailout.html In short the money is coming from the "printing presses" We will just issue more debt and let our grand kids pay it off. Except at this pace our...
Back
Top