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


To: SliderOnTheBlack who wrote (13494)11/19/2008 6:53:54 PM
From: pogohere  Respond to of 50452
 
What nose? What face? What system?

Today’s leaders, who all belong to the collapsing world (including Barak Obama (3)), cannot possibly imagine how to solve the problem, just like central bankers in 2006/2007 could not possibly imagine the scope the unfolding crisis could reach (4). It is their world which is disappearing under their eyes, their beliefs and their illusions (sometimes similar) (5). According to our team, a 20 percent renewal of worldwide leaders is required to begin to see sustainable solutions (6) appear. This is indeed, according to LEAP/E2020, the « critical mass » needed to permit any fundamental change of perspective in a complex not very hierarchical human group. Today we are still far from reaching this critical mass: in order to contribute to finding solutions to the crisis, those new leaders must accede power in full awareness of the crisis’ specific nature.

According to LEAP/E2020, if global leaders fail to realize that in the next three months and to take actions in the next six months, as explained in GEAB N°28, the US debt will « implode » by summer 2009 under the shape of the country’s defaulting or the Dollar’s dramatic devaluation. This implosion will follow closely a number of similar episodes affecting less central countries (see GEAB N°28), including the United Kingdom whose already huge debt is ballooning at the same pace as Washington’s (7). In the same way as the US Federal Reserve saw, month after month, its « Primary Dealers » (8) being swept away by the crisis before it was itself confronted to a real problem of capitalization and therefore survival, the United States in the coming year will witness the implosion of all countries too-closely integrated to their economy and finance, and of their allies financially too-dependent on them (9).

leap2020.eu!-Phase-IV-of-the-Global-Systemic-crisis-Breakdown-of-the-Global-Monetary-System-by-summer-2009_a2435.html



To: SliderOnTheBlack who wrote (13494)11/19/2008 7:27:08 PM
From: NOW  Read Replies (1) | Respond to of 50452
 
well the news is that it is a no-go tonight



To: SliderOnTheBlack who wrote (13494)11/19/2008 7:40:50 PM
From: SARMAN3 Recommendations  Respond to of 50452
 
If you don't think they'll get bailed out - short everything.

If you think they'll get bailed out -- buy, buy, buy.

Isn't that we said on the first bailout? We are more few thousand point less than pre-bailout.



To: SliderOnTheBlack who wrote (13494)11/19/2008 8:31:46 PM
From: NOW  Respond to of 50452
 
if they are going to turn this ship here is where it happnes



To: SliderOnTheBlack who wrote (13494)11/19/2008 9:55:30 PM
From: Fun-da-Mental#1  Respond to of 50452
 
But how do you think they'll get bailed out? The vote in congress been cancelled. Bush and Paulson have both said they don't want to do it. Who's going to step up to the plate?

Fun-da-Mental



To: SliderOnTheBlack who wrote (13494)11/19/2008 11:18:33 PM
From: wildandwonderful8 Recommendations  Respond to of 50452
 
<<If you don't think they'll get bailed out - short everything.

If you think they'll get bailed out -- buy, buy, buy.>>

I playing the opposite my friend if they get bailed out we will see a 500 point drop in Dow and when they don't get bailed out we will get a 500 point rise.



To: SliderOnTheBlack who wrote (13494)11/20/2008 12:34:41 AM
From: surelockhomes  Read Replies (1) | Respond to of 50452
 
>>I believe that they WILL get bailed out<<

Gross was right about Fannie and Fredie getting a bailout, and bet big on it. Wonder if he is buying any auto debt.



To: SliderOnTheBlack who wrote (13494)11/20/2008 12:55:38 AM
From: nohalo1 Recommendation  Respond to of 50452
 
There are two sides to this, and as investors, we have to make investing decisions based on where the puck is going to.

Politically, and in human terms, BK is too big a price to pay.
I think Congress knows this, and they are posturing to make the Big 3 squirm, before they get funded. And I believe funding is what they'll get, with numerous strings attached.

The fact that the Big3 CEOs were made to plead before Congress to me means the Fix is in.

Plead and Beg for your money before us, on TV, and show the Public that we are being responsible, and we'll give you your Funds.

And that is why there is no bawling in Washington. The Fix is in.

So the two sides are:

1. Scare the hell out of the Public, let the markets swoon some.
2. We'll give you your money soon.
We let Lehman and Bear Stearns go belly-up, and very nearly lost our grip.

Do you think they'll let the US and the world slip into a comatose depression?

I have placed my bets, and have positioned myself accordingly, after being mostly in cash these past 10 months.