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

To: SliderOnTheBlack who wrote (7191)	11/30/2007 11:29:52 AM
From: RonMerks	Read Replies (1) \| Respond to of 50747

Re- 'And gold? You already know what to do when a sniveling, little bald puke of a man, who won't look you in the eye... puffs up his chest, raises and deepens his voice, bulges his beady little eyes and shoves his chips into the center of the table and calls...' I take it you think Bernanke may only be a 1 term Fed chariman. Why don't you tell us how you really feel about Bernanke the next time <vbg>. In all seriousness- how will the rest of the world ever take the US Treasury, or Fed serious after this? First Paulsen assured them that the storm was contained and all these foreign central banks loaded up on not just our subprime paper, but Bear Stearns, Citibank, and Fannie Mae & Freddie Mac- only to get crushed with more bad loan write offs. Then Bernanke comes out and holds a press conference about more clarity, direction and openness with the markets. Talks about how much more hawkish they will be on inflation, on how the economy is still strong- and just a week, or so later- the ignoramus does a flip-flop on the world stage with Kohn and signals to the market he's going to return with whatever size punch bowl they desire! How can Bernanke and Paulsen look the world in the face any longer? Can you imagine being the Chinese and having Paulsen lecture you about currency reform? They have to be laughing their asses of at what clowns the Americans are. This countries financial future is in shambles. Our politicians have sold out to Wall Street. God, forbid - if we end up going to War with Iran. Ron

To: SliderOnTheBlack who wrote (7191)	11/30/2007 11:32:03 AM
From: Arran Yuan	Respond to of 50747

Geez, they look really 'sexy' after your elegant stripping of them. Ready to strike for cheap Ag with previous bout profit and plus.

To: SliderOnTheBlack who wrote (7191)	11/30/2007 1:05:46 PM
From: 7kidstofeed	Respond to of 50747

"and then I've got quite the rant to unleash." LOL LOL LOL U da best!!! Regards, J

To: SliderOnTheBlack who wrote (7191)	11/30/2007 1:56:20 PM
From: kaydee	Respond to of 50747

SOTB, you summed it up very well again, nothing new here. Thanks for sharing your thoughts. I am sure, many lurkers also appreciate your efforts... kd

To: SliderOnTheBlack who wrote (7191)	11/30/2007 2:48:06 PM
From: Nihontochicken	Respond to of 50747

"Did you really believe all this tough talk and the press conferences about the Fed's new focus on topline inflation and a strong dollar?" nowandfutures.com (Scroll down to M3 charts.) "And remember how - when the dust cleared.... Goldman Sachs emerged with billions in profits from being on the "other side" of that trade?" tinyurl.com With respect to this Goldman "Special Event" story, here's a blast from the past, sorry, can't find link to original web page, which has likely been erased from the Goldman archives and only now exists on secondary blogsites: GOLDMAN SACHS, October 9, 2001 - Recommended List Large-Cap Growth Price:US$33.45 Target price: US$48 S&P 500: 1051 UNITED STATES ENRON CORPORATION (ENE) Gas & Power Convergence Still the best of the best. With perceptions far below reality, we see major catalysts in third-quarter results and increased disclosure in coming months. We strongly reiterate our Recommended List rating and our conviction in high and sustained growth prospects, even though we have cut 2002 EPS to $2.15 and our price target to $48. We expect Enron shares to recover dramatically in the coming months. We view the current period as an extremely rare opportunity to purchase the shares of a company that remains extremely well positioned to grow at a substantial rate and earn strong returns in the still-very- young and evolving energy convergence space. We strongly reiterate our Recommended List rating on Enron stock. We spoke recently with top management including the CEO, CFO, chief accounting officer, and the head of wholesale services. We challenged top management on the wide range of investor concerns that have weighed heavily on the shares and believe that the majority of market speculation is groundless, and that which has some truth to it, to be exaggerated. Misconceptions abound and perceptions are far below reality, in our view We believe that investors have virtually given up on Enron (down 60% year to date) and its prospects based on the long list of extremely negative stories about the company and its financial condition. The company's limited transparency on its sources of earnings, its cash flow, and financials in general has hurt investor perceptions as management has declined to be more specific in refuting outrageous claims that have assumed a life of their own. We believe Enron's fundamentals are still strong despite the weak economy. We view Enron as one of the best companies in the economy, let alone among the companies in our energy convergence space. We are confident in the company's ability to grow earnings more than 20% annually for the next five years, despite its already large base. NC

To: SliderOnTheBlack who wrote (7191)	12/1/2007 10:51:09 AM
From: ecrire	Read Replies (1) \| Respond to of 50747

The sub prime and related messes happened under Greenspan's 18 year watch.Bernanke got stuck with having to find an appropriate answer. As for Goldman and their ill gotten gains, I agree. Life is not fair. To paraphrase Churchill, capitalism is the least onerous of the economic systems, and its main drawback is the vast imbalance and ever widening gulf between the haves and have nots. GS, rich and well connected. benefits