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

To: SliderOnTheBlack who wrote (8926)	3/31/2008 4:07:04 PM
From: Condor	Read Replies (1) \| Respond to of 50424

If there is anyone left on this board who has any doubt that our government is not just complicit, but is in fact the managing partner in the greatest transfer of wealth in history, this will remove those last lingering doubts. Not me! Message 24239881 C

To: SliderOnTheBlack who wrote (8926)	3/31/2008 4:14:57 PM
From: dvdw©	Respond to of 50424

Price has been an artifact for more than 4 years. There are no market prices..... at all. This gold thread should see the disconnects between those with capacity for new production and the current commodity prices. Supply and demand are disconnected by systemic interests almost everywhere. Inertia is the game, that facilitates wealth transfer. The whole thing is social engineering at its worst.

To: SliderOnTheBlack who wrote (8926)	3/31/2008 4:44:18 PM
From: jim_p	Read Replies (1) \| Respond to of 50424

Looks like one or more of the larger banks wouldn't have looked to good under the new rules so instead of cancelling SFAS 157, they make a slight change in the interpretation at the last minute which allows each bank to use their own judgment on the true "fair market value" of the assets since you could easily argue that almost all of the CDO’s have been under forced liquidation. How convenient?? My guess is Paulson is behind most of the games being played. He had to be “creative” (a very kind word in this case) to rise all the way up to be CEO of Goldman. Our tax dollars at work!!

To: SliderOnTheBlack who wrote (8926)	3/31/2008 11:54:38 PM
From: bearjones	Respond to of 50424

It will be interesting how the auditing firms handle this!! If they do not cause the companies to report in a conservative manner, like they are meant to do and historically have done, they will be exposing themselves to massive lawsuits!! For those who have forgotten, because of companies like WorldCom and Enron, the external independent auditors are the police of the financial world's financial statements. BRING IT ON!!