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

To: Threshold who wrote (11655)	9/15/2008 10:09:56 PM
From: SliderOnTheBlack	2 Recommendations Read Replies (2) \| Respond to of 50084

re:[is it just me or is there a sinister underlying purpose to all this carnage?"] Nothing here is happening by mistake. And yes, there is a sinister underlying purpose. It's called -- transfer of wealth. The puppeteers were already short and sitting in cash. Their money is patiently sitting and waiting on the sidelines for all of this to unfold. Just weeks ago, Oil was soaring and Gold was $989. And then came Goldman with the reiteration of their $149 oil call, right before this collapse? Why did JPM get backstopped by the Fed in taking over BSC, but no one else got it in trying to save LEH? Why did they come out and tell the public that FNM & FRE were fine, that no bailout was needed... and then just weeks later - a collapse, and a bailout. If AIG isn't saved, and if the Fed doesn't pull another rabbit out of it's hat and/or cut rates tonight, or pre-open tomorrow... Ma & Pa Kettle are going to get washed out of this market, and the economy is going to take a major hit. S.O.T.B.