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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (9180)3/24/2008 8:51:04 PM
From: stomper  Read Replies (2) | Respond to of 33421
 
Maybe i'm an anarchist at heart or something, but I don't find it the least bit discomforting to let the whole mess play out as it would. The system is so inexorably broken that without a massive, dislocating, blood in the streets reboot that affects every man, woman and child in this country, all we will ever do is just carry on patching the leaks with some regulations here in this administration and some deregulation there in that one.

(Today, that twerp Luskin was touting on Crapvision saying that it's off to the races in the market as "systemic failure has now been avoided"...LOL. Cramer was yucking it up saying the average Joe doesn't know Jack--implying that WS being bailed out on J6P's dime is just the breaks. Did you see the Treasury calendar. They added another 50+ billion in T's from what they thought it would be just 8 weeks ago...up to 150+ billion now for this auction. Our government is in a world of hurt.)