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


To: joearenagates who wrote (6280)9/4/2007 10:16:39 AM
From: RonMerks  Respond to of 50751
 
Re-'How about taking the Social Security System and putting that cash in the hands of retail investors? That should keep this liquidity driven market afloat for a while.'

I think someone here has mentioned that a few times as being next on the agenda for Paulson & Company.

By the way, you guys are getting depressing with all this gloom & doom. The shopping centers were packed this weekend. Couldn't get a parking spot, or a seat at any of the national chain restaurants and at the airport to pick up my daughter- it was also very busy.

I think Slider has correctly pointed out something the bears are discounting- and that's- all that CASH.

The flip side to the housing collapse is that people are now putting their money, back into the market instead of real estate.

Deutsche Bank came out this morning and signaled the all clear.

Once Merrill, Lehman, Goldman, and Citibank do the same- it just may be 'off to the races.'

Ron

Ps- Did you all see where Citi just bought the remains of subprime lender Ameriquest?

Would they be doing that if THEY were in trouble with derivatives and subprime- or, if there were more subprime shoes to drop?

And then, there is this-