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Collateral Damage. You run your business right and your competitor runs his into the ground so Uncle Sam steps in finances him and he now has Uncle Sam on his team gunning for you. =================== Smaller Banks Resist Federal Cash Infusions By Binyamin Appelbaum Washington Post...

Well with the G7 pretty much locked down everything and pledging their currencies it looks like there will be no further collapses. We had no major failures in the USA in the last week. MS will probably get the Mitsubshi deal under worse terms but they will not fail. The CDS Auction for...

Oh the Brits would love to hand him off to us. http://archbishop-cranmer.blogspot.com/2008/05/gordon-brown-britains-worst-prime.html

What debt? All we do is move the decimal point on the asset side and voilà! We still have the nukes I beileve those alone are good for a about 5 or 6 trillion

ok we have a winner! Funniest title this week

The only hedge funds in Italy belong to the Mob.

Here is what the Austrians think of Stagflation http://mises.org/story/2351 Excerpt from Did Phelps Really Explain Stagflation? Daily Article by Frank Shostak | Posted on 10/10/2006 http://mises.org/story/2351 *Phelps and Friedman = (PF) Icreases in Money Supply Actually Weaken...

Umm Market is forward looking. Earnings right now are great but the market already made its money on 08 earnings. Where will earnings be in 09 and beyond.

We'll it looks like this is the last stand of the State Controlled Capitalism. No where to run No where to hide. Its only your money if no one else needs it. http://apnews.myway.com/article/20081011/D93OB7SG0.html WASHINGTON (AP) - President Bush emerged from a meeting with foreign...

I am not sure if an overpriced consumer play in a deflationary environment that could portend rampant unemployment and credit collapse is the way to go long term Short term it should have some legs when we get our bear rally. If it can stay above the 200 week MA But I dont see where AAPL...

93% of Homes are not in foreclosure. http://blogs.tampabay.com/realestate/2008/09/national-forecl.html I think the mistake Americans have made is not over extension but being so permissive in allowing the crony capitalism that has grown up to swallow up our financial system and inevitable...

So this talk of buying assets at 22 cents to prop up the banks is crazy talk or a huge transfer back to the banks and overpayment. http://www.bloomberg.com/apps/news?pid=20601087&sid=aLkOZnNcDmSQ&refer=home The good thing this maybe starts to set a floor.

Joy. Its required reading at GS and LEH Here some reviews from the Floor Traders

Because people have lost faith. They don't care about Insurance they care if there will be a bank freeze or holiday. What do you think will happen, if the collapse accelerates and we wake up Monday where all banks are collapsing. So far there have been no bank runs because FDIC has stepped...

I don't blame Paulson, He is only doing what the universities and the so called proven economic theory for the last 40 years is telling him to do. He got handed a raw deal in some respects. Also, he is the wrong person for the Job, if you higher a Plumber to fix your car and he fucks it up is...

He may have dropped but that doesn't mean its not true.

Here the only problem I see with this plan. If you ran your bank properly, but are getting crushed by the panic. You need to partner with the government when you did nothing wrong. If you decide to go at it alone, your competitor who ran their bank like a drunken sailor with grandma's...

just wanted to update. I've been talking with people who have been setting aside emergency cash just in case a bank holiday or freeze hits. One friend wen to withdraw a nominal amount under 40K from small region bank in Florida. To spread around to other accounts and assets He said it...

We are gonna have Watts Style riots on Nov 4th. We get theses riots when a team wins the NBA championship. Regardless of the outcome they will find a reason to torch the towns If you live in a Urban area on Nov 4th stay indoors and stay armed.

That chart is so disturbing it would have been front page on Orgish.com http://en.wikipedia.org/wiki/Ogrish.com