87 crash

Hey, you forgot about Jeff Winnig at Global Crossing, Bernie Ebbers at WorldCom, Martha Stewart, Dick Grasso, Dennis Kozlowski, Arthur Andersen, Adelphia, Xerox ( they overstated revenues to the tune of a mere $3 billion ) and a few others . . .

:D
 
Quote from vegasoul:

yeah..that's the american spirit..

the sort of naiveness and optimism that I like about americans..
I especially like the part about "business and moral" leadership..
you must be refering to enron , bush administration and how everybody in the world is rip-off by greenspan and his banker friends.

but come to think of it, without the support from patriotic and faithful people like you, they wouldn't have succeded in their endeavors anyway...

p.s. my nick comes from the obscure techno band, vegasoul, really special..ain't it?

You're a moronic idiot. Please I beg you, STOP POSTING YOUR STUPID DRIVEL!
 
One point I forgot to make b4, is that rates can go lower from their present levels. Heck, rates can go to ZERO, believe it or not!

10 Yr in Japan is at 1.35 and here its 4.35.

one last point, with everyone and their brother thinking/forecasting higher rates, isn't their a chance thier wrong?

Just a thought
 
Quote from waggie945:

Hey, you forgot about Jeff Winnig at Global Crossing, Bernie Ebbers at WorldCom, Martha Stewart, Dick Grasso, Dennis Kozlowski, Arthur Andersen, Adelphia, Xerox ( they overstated revenues to the tune of a mere $3 billion ) and a few others . . .

:D

I wish we were as moral as China or Russia. Here we just pump up a POS stock. Over there they'll blow up your factory or poison the children's breakfast cereal that's sold by a competitor.:D
 
Quote from blackguard:

One point I forgot to make b4, is that rates can go lower from their present levels. Heck, rates can go to ZERO, believe it or not!

10 Yr in Japan is at 1.35 and here its 4.35.

one last point, with everyone and their brother thinking/forecasting higher rates, isn't their a chance thier wrong?

Just a thought

You can tell just by the way bond's snap back that they get oversold very quickly. There's a wall of investors waiting to snap up securities at 5 1/8 to 5 1/4 yields.
 
I don't really get into bashing the US for deficit spending, weakening dollar etc. etc.

After all, it was deficit spending on the the world's most powerful military force that all but eliminated Communism from the planet. That accomplishment, in itself, is priceless, IMO.

The fiscal and monetary challenges facing the US and the world today are trivial, compared to the alternative of answering to a Communist government or superpower.

How easily we forget what all that $$ bought for the world in the first place.


"General Secretary Gorbachev, if you seek peace, if you seek prosperity for the Soviet Union and Eastern Europe, if you seek liberalization: Come here to this gate! Mr. Gorbachev, open this gate! Mr. Gorbachev, tear down this wall!" Ronald Reagan

http://www.reaganfoundation.org/reagan/speeches/wall.asp
 
Quote from waggie945:

Hey, you forgot about Jeff Winnig at Global Crossing, Bernie Ebbers at WorldCom, Martha Stewart, Dick Grasso, Dennis Kozlowski, Arthur Andersen, Adelphia, Xerox ( they overstated revenues to the tune of a mere $3 billion ) and a few others . . .

:D

impressive. for your next trick, why don't you list some of the millions of people that do it right?

Perhaps because it would take the rest of your life...
 
Good point. That is something to consider. If everyone is expecting rates to go up - if it's so obvoius -- that is when it usually isn't.

Quote from blackguard:

One point I forgot to make b4, is that rates can go lower from their present levels. Heck, rates can go to ZERO, believe it or not!

10 Yr in Japan is at 1.35 and here its 4.35.

one last point, with everyone and their brother thinking/forecasting higher rates, isn't their a chance thier wrong?

Just a thought
 
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