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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (361989)	12/9/2007 1:45:01 PM
From: bentway	Read Replies (2) \| Respond to of 1573221

"Why are you such a bear on this issue? Because 'your book' is about investing in gold?" No. I just invest in things I think are going to go up. Gold for now, but I've never been a gold bug in the past. Oddly, Ten and I seem to agree on this mortgage bailout thing. It's an attempt by Bush to prop up the economy and jawbone a problem down for political reasons, without really doing anything. Attempts to manipulate the economy exacerbate problems, they don't solve them. Read the Huffpost article I posted from a former bond trader. As for Paulsen being a former GS monetary God, he may have been one of the ones lacing those MBS's, CDO's, and SIV's with little stinky, poison subprime mortgages when he was at GS. AG Cuomo in New York is beginning to investigate this. It's kind of odd that GS, who also sold these products, has somehow avoided any of the fallout so far.