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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (12279)	10/3/2008 11:07:03 AM
From: stan_hughes	13 Recommendations Read Replies (2) \| Respond to of 71463

"the mark-to-market rule results in asset prices being driven below their values" That might be one of the stupidest statements I've read in my entire life The market value IS the value, not a number that somebody with a self-serving purpose should be allowed to invent and use instead because they don't like the quotation Can anyone here ever recall being allowed to substitute their own valuation for an investment when the quotation went against them and required that they post more collateral? No, I didn't think so I am reminded of the scene in Trading Places where Dan Aykroyd finds himself strapped for cash and walks into a Philadelphia pawn shop where BB King is behind the counter. Dan offers up his watch but is appalled at what he is offered for it, so he goes into a big long pitch about how the watch is a genuine Rochefoucauld that is water-resistant to 3 atmospheres and tells time simultaneously in Monte Carlo, Beverly Hills, London, Paris, Rome and Gstaad -- to which BB King responds, "Well, in Philadelphia it's worth 50 bucks" Some of these people offering up their support for this bailout theft ought to watch that movie, they might learn something