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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (90574)1/17/2008 4:16:43 PM
From: Keith Feral  Respond to of 110194
 
As far as I'm concerned, the FED needs to stick to the mess they created for housing. I think the market was distracted by Bernanke's departure from reality to entertain the notion that Congress could pass legislation. They haven't even passed the Banking reforms, so the request was a complete waste of time.

WAMU came out with Earnings tonight. Losses came in line with expectations.



To: Tommaso who wrote (90574)1/17/2008 4:22:56 PM
From: GST  Read Replies (2) | Respond to of 110194
 
Right -- time to stop pretending what is going on in America -- just print the money and tell people in other countries to shutup and send us their goods, period, nothing in return and nothing new produced or saved on our end, just raw consumption -- and he talks about how Congress should be fiscally responsible? Why call this stimulus? Why not just tell it like it is -- the US is going to go out into the world and beg. The style of begging is unknown -- do we make threats when we beg -- as in give me what you have got or I will hurt you? Or do we do our best to look pathetic -- oh please help me because I am down on my luck and can't seem to keep the parking lots at the shopping plaza filled with consumers? Either way, a nation of beggars -- now 'that' makes me proud. When do I get my check in the mail? I can hardly wait to help out and do my part to build a stronger America -- now lets see, do I need an Ipod and a flatscreen or a week in Hawaii?