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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (4776)	3/25/2007 10:19:26 AM
From: pogbull	Respond to of 50458

Good reasons to hold physical gold IMO.

To: SliderOnTheBlack who wrote (4776)	3/25/2007 1:19:06 PM
From: Bill on the Hill	Respond to of 50458

No worry. No regret. Its only money. OPM (other peoples money) So let me see if I understand how this works. If I am the fed and I want to balance things out. I short the China market using my printed $$.$$ and take it down about 6%. Same time I pile on the shorts in Australia, Japan and then follow the markets all the way around the globe. Grabbing in one day 3% to 5% on short term shorts worldwide. Piling up huge buckets of $$.$$ in short profits. Then with the bulging pocket of cash I can short my favorite countries stocks in the good ol' USA down the same day 3% - 4%. Next day, take all that pirates loot and reinvest it on the long side over a few weeks to a month into the markets of choice. Results? A cooled off China market, Japan under control and the DOW being held up from the dropping off the cliff because of a bursting housing bubble. Now comes the "coup de grace" for the housing problem. Repackage all of those sub-prime loans and sell them to corporations for them to put all of their "workers" into. Reallocation of the wealth of Americans into their employers hands. Wealth building 201. Hard work and God giveth, and the market makers and fed taketh away. Naturally none of this is done by the fed but by its associate banks and brokerages. And the plan is not shared. Just the order to buy or sell as a directive from on high....... What I noticed from Cramer is the sense that actions like those he describes are within tolerable levels of deceit and thievery. The end justifies the means. It is no different from what my father used to tell me about town hall, "Town hall would be helped most by a few deaths in a few families." Marie Antoinettes head on a pole brought the French into balance. The corruption of our present predicament runs all the way down to the local lenders making loans to illegals and those unable to qualify for highly inflated cracker box structures. It would take thousands of heads on poles to satisy the anger that Americans should feel towards the system. Problem is, it is the average American that has participated in this disgrace and will have to accept his or her medicine along with the lenders. In my estimation..... A really long hard time is what we are going to have to work through. That or a future of servitude to the man. Either way for the common man it will be painful. We should have saved.......instead we fed our consumption addiction. We have it coming to us.