"Market Collapse? Panic?"... Total HOGWASH

[achilles28]

Quote from aeliodon:

This is the most fake crises in the history of America.

CDS poses a problem? Fine ban CDS contracts - make all the players fully hedge their exposure and then make those contracts unenforceable.

Banks selling assets at fire sale prices is a problem? Fine just get rid of mark to market accounting so the banks can hold these assets till maturity and lose a lot less than dumping them by hitting the bid in the most illiquid market.

Agree about CDS. As a Liberatarian, i loathe advocating regulation.

But CDS needs to be regulated 1-to-1. Then let them fail.

Compounding moral hazards lead to the Real Estate collapse, CDS and junk debt sold as triple A.

If the Treasury bails this out now, in a few short years, Wallstreet will have come up with 10 new ways to sell premium while holding a gun in Americas Mouth.

Thats what Wallstreet does. Its Financial Terrorism.

Oh, Bernacke, we fucked up. If you don't bail us out, the economy WILL COLLAPSE.

Lets not forget, the FED is owned by the Banks anyway. So its not even arms length. Its lets-see-if-it-works-and-if-it-doesn't-we'll-stick-the-taxpayer-with-it

These people are high criminals.

 

[TraderZones]

Quote from gnome:

I'M NAIVE? You impudent little POS!

Very!! But actually, stupid, dumb, clueless, foolish, dope, lowbrow, moron and

beetle-brained things come to mind. You have the intelligence of a lizard,

and that is being cruel to lizards.

It is funny, I read another of your posts earlier, and it was stupid enough that I

figured out it was you before looking at the name.


Sure, ANYTHING CAN HAPPEN AT ANY TIME... what's likely?

Dummy


There is no logic to your arugment. You merely jibber.

I somehow thought you wouldn't understand. You usually don't.

 

[lilduckling]

Quote from gnome:

The markets are down 25% over the last year... orderly decline, hardly a panic in magnitude nor swiftness.

The idea of "panic" is basically told to us [and SOLD to us] by the Powers.. the media jumps in and trumpets 'PANIC!!

Normal noise in the markets used to be much higher than we've experienced in this decline. There was no panic before, and no intervention by Gummint....

THIS IS ALL PART OF THE ORCHESTRATED PLAN...

but keep in mind that is exactly what the passengers of the Titanic said, as they refused to get into the life boats and went back into their cabins..... "its only a drill"..................

 

[bgp]

usually the less educated or more intelligent.




bgp

 

[gnome]

Quote from TraderZones:

Quote from gnome:

I'M NAIVE? You impudent little POS!

Very!! But actually, stupid, dumb, clueless, foolish, dope, lowbrow, moron and

beetle-brained things come to mind. You have the intelligence of a lizard,

and that is being cruel to lizards.

It is funny, I read another of your posts earlier, and it was stupid enough that I

figured out it was you before looking at the name.


Sure, ANYTHING CAN HAPPEN AT ANY TIME... what's likely?

Dummy


There is no logic to your arugment. You merely jibber.

I somehow thought you wouldn't understand. You usually don't.

Even when you shout, you still jibber.

 

[runningman]

"I must tell you, there are those in the public debate who have said that we must act now. The last time I heard that, I was on a used-car lot," said Rep. Mike Pence, R-Indiana. "The truth is, every time somebody tells you that you've got to do the deal right now, it usually means they're going to get the better part of the deal."


http://www.cnn.com/2008/POLITICS/09/23/congress.bailout.reax/index.html


how right he is

 

[stock777]

Minyanville, Todd Harrison, who in not an ET dweeb.

# One thing became perfectly clear during these testimonies. Policy makers have NO CLUE about the magnitude of this crisis, the dangers of derivatives or the potential consequences that could manifest. They don't seem to "get" that even with massive intervention, it might be too late to stop the contagion.

# And they seemingly have no understanding about the risks associated with the adoption of this bailout, the unintended consequences that are already in motion, the fragility of social mood and the dependence on credit in a finance-based economy.


-----------------------------------------
The same policy makers that let things get out of hand, are too stoned to see how serious the problem is.

Bring Back Public Hanging

 

[LEAPup]

Quote from stock777:

Minyanville, Todd Harrison, who in not an ET dweeb.

# One thing became perfectly clear during these testimonies. Policy makers have NO CLUE about the magnitude of this crisis, the dangers of derivatives or the potential consequences that could manifest. They don't seem to "get" that even with massive intervention, it might be too late to stop the contagion.

# And they seemingly have no understanding about the risks associated with the adoption of this bailout, the unintended consequences that are already in motion, the fragility of social mood and the dependence on credit in a finance-based economy.


-----------------------------------------
The same policy makers that let things get out of hand, are too stoned to see how serious the problem is.

Bring Back Public Hanging

I agree. Already in motion too... Scary

 

[ken__0]

Quote from stock777:

Minyanville, Todd Harrison, who in not an ET dweeb.

# One thing became perfectly clear during these testimonies. Policy makers have NO CLUE about the magnitude of this crisis, the dangers of derivatives or the potential consequences that could manifest. They don't seem to "get" that even with massive intervention, it might be too late to stop the contagion.

# And they seemingly have no understanding about the risks associated with the adoption of this bailout, the unintended consequences that are already in motion, the fragility of social mood and the dependence on credit in a finance-based economy.
-----------------------------------------
The same policy makers that let things get out of hand, are too stoned to see how serious the problem is.

Bring Back Public Hanging

Why would they care? just the top 50 combined on the hill, have about a trillion in personal assett's.
What happened to elliot spitzonher ?
wasnt he suppose to crackdown on this.
The toilets are all stopped up with putrid sh!t, needs some liquid draino to flush it and them out.

 

[jbtrader23]

My projections...

-Everyone that bought stocks after 94/95/96 is going to break even for 20 years, and sell in digust at the end. The exact same cycle as the late 20's to early 50's, and late 60's to early 80's.

We've already had 10 years of no growth in the S&P. Figure another 10, 12, 15 years of flat, or choppy returns. Although valuations aren't as high as the nikkei (p/e 80), the public lost that bet (buying after the mid 80's).

The "e" in p/e is going to go down with slower growth, higher interest rates, accounting tricks/fraud/earnings engineering from the 90's showing up, etc. The boom of the late 90's is going to look more like a scam as we get farther away from it.

-Much higher commodity prices in 10 or 15 years. The Jim Rogers, commodity super cycle. Started from a low base in 98, will end in hysteria. And with China, India growth. Higher inflation.

-Real estate flat to down. What happened to real estate prices in relation to income?

-Much higher bond prices in the end (similar to volcker in the 80's ending inflation?).

-Huge collapse in retail as credit contracts.

-Bernanke, Paulson? Another lost decade like Japan? Continuing to prop up the system?

What keeps me optimistic, is american capitalism and entrepreneurialism has so much momentum, you don't just turn that in a year or two. We're not going to turn into Angola in 2 years.

Buffett's favorite phrase..."the market is there to serve you, not to instruct you". We're all being instructed to be panicked idiots.