Funny Quotes from the Past

M

Michael88

Its always nice to take past quotes from "important" mind/people and see how they fit into the actual economy...

I will start with Henry Paulson (Tokio, March 5th 2007), he is the actual United States Treasury Secretary and member of the International Monetary Fund Board of Governors.

“Some of the credit issues are there, but they’re largely contained. The global economy is more than sound. It’s as strong in the last couple of years as I’ve seen in a lifetime. All the economies are growing, inflation is low, and liquidity is high,” Paulson declared. His comments triggered a powerful 160-point DJI rally by day’s end.
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Feel free to submit some good ones :)
 
From the jackass's own mouth, highly quotable (if subprime blows up, no big deal):

<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/BVl9SQ-KVmE&hl=en"></param><embed src="http://www.youtube.com/v/BVl9SQ-KVmE&hl=en" type="application/x-shockwave-flash" width="425" height="344"></embed></object>
 
Lol, the guy's a very shrew operator and he knows a lot more than he's letting the usual dumb fuck know. If you do exactly the opposite of everything he says you'd make a little money but sometimes he's talking about shit that only comes out much, much later. Best to avoid any time he speaks.
 
Quote from Renegen:

The video is already unavailable! Wow, I don't know who took it off but they're quick.
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Here it is again in case they remove it again....link and embedded.

<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/BVl9SQ-KVmE&hl=en"></param><embed src="http://www.youtube.com/v/BVl9SQ-KVmE&hl=en" type="application/x-shockwave-flash" width="425" height="344"></embed></object>

http://www.youtube.com/watch?v=BVl9SQ-KVmE
 
(February 2007) Federal Reserve Chairman Ben Bernanke told members of Congress Wednesday that U.S. financial markets appear to be "working well" and are functioning normally, one day after the Dow posted its biggest one-day point loss since the market reopened after the Sept. 11 attacks.

"If the housing sector begins to stabilize and if some of the inventory corrections that are still going on in manufacturing begin to be completed, there is a reasonable possibility of strengthening of the economy sometime during the middle of the year,"
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middle of the year = summer 2007 ? :)
 
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