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Your common sense has no business on this board.

They don't have any business auditing the Fed because no taxpayer money has gone to the Fed from the US govt.

How could they? The Fed is a private bank.

And that's bad? People with money can purchase goods or services that those without money can't? WTF is wrong with people?!?!

And I hear "the sky is falling, Dow 1000" at least 100 times a year. The point is moot - all that matters is that we extract profits from the markets. Sold 35k of FNM at 1.86 today - basis was high 0.60s. Feels good man.

good luck with that. next thing people are going to expect to pay the same price for premium unleaded that they do for regular.

I agree the in/outflows are important, but I think the inflows will be more tempered this time around as everyone is still hungover from the euphoria in a few years back.

There are murmurs about the GSE portfolios being profitable, which leads to them paying off the bailout on their own. You don't need to know the specifics of the information to look at the volume and know someone knows.. And no, those 10 million blocks flying are not dad's 401k. They are...

Congress won't understand the audit so why do it.

Yeah - because we have so many heros in congress: <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/wnPnLvsl6Aw&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...

Good for him. The Beard knows.

This was a total gamble, but I figured that the govt. would backstop the GSEs. Seriously I thought I would have more enjoyment flushing the money down the toilet when I placed the orders. I'm going to sell 20% of the position tomorrow at the open.

I heard new that FNM is going to pay off it's bailout. Anyone else have a price target? Also that price is my mean. Bought in several blocks.

Stop making shit up. Everyone and their mother is bearish citing reasons why we need a correction, the runup is manipulated, etc.

If you consider 15 years "few and short" then I'd hate to see your blotter.

So what? Who the hell cares if it's manipulated as long as it's trade-able? Every time someone overpays for something in a market prices are "manipulated" up - when they sell too low it's manipulated down. Those with the most money make the market move the most, doesn't mean they have to make...

This was going on in 94 when I was a bagger. How the hell is this news????!!? America isn't getting poorer, it's media is getting more inept.

I'll tell you right now - I told you so. Period. Boom. Done.

People have been warning about a bank holiday for years now. You sound like a broken record. Before you post this crap please "search" the forum to see if it's already been posted. If you don't want to search, please go to the yahoo boards. You'll feel more at home there.

Then why not just overlay a chart of the last 18 months to the one you posted?