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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (306892)	10/10/2002 8:58:29 AM
From: 10K a day	Read Replies (2) \| Respond to of 769670

The first part of that made me laugh out loud. Bush is a projecting dynamo sometimes. He's got a lot to be afraid of. He got bailed out by exactly the same off balance sheet bullshit in Harken energy that he criticizes in corporate evil doers. He trying hard to make daddy happy but daddy projecting all his stuff in a different time and different era. How is corporate america going to account for pension losses in all the bonds and co's that went bust. How is JPM and MBNA Bofa the Happy Fanny crew going to build a model that takes in to account 79 percent stock losses and BUSTO bonds by the Trillion. It reminds me of japan when the banks hold the equity (bonds or whatever)...and they refuse to write them off because well...they just hold them...it's kind of like the mutual funds that just hold the crashing stocks and crashing bonds cause they can't liquidate them anyway...they got no way out of them...so they just ride the ship in to the abysss and hedge as best they know how based on their real time model that just went Apocolypse...I dunno'....this banking stuff is totally TWISTED...(the mortgage guys that keep swapping for a percentage here percentage there until you got no idea what the hell is going on cause that's all they know how to do)......then you got the (as baldur calls them)...stock watering scams like microsoft...with SO MANY SHARES...you could give 2 to every MAN WOMAN AND CHILD ON THE FACE OF THE EARTH....and still well...What good is that ....I dunno'....THIS IS all just a litttle too mind boggling for me....I wish William could straighten it all out for me....