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To: Jeff Jordan who wrote (379179)	12/18/2008 9:07:10 AM
From: Mike M2	Respond to of 436258

DRYS - in retrospect it is quite clear that there was panic selling by hedge funds gone wild ( I can't wait to see the video -g-) so everything commodity related got oversold but there was/is good reason for panic the global credit bubble which " doom & gloomers" warned about for years has finally burst and there is no quick fix this time IMO. I believe that the consensus underestimates the depth and duration of the global recession - they do not understand the power of tough love ho ho ho

To: Jeff Jordan who wrote (379179)	12/18/2008 11:05:53 AM
From: Jeff Jordan	1 Recommendation Read Replies (1) \| Respond to of 436258

Headline: Obama picks 3 financial regulators during unprecedented market turmoil “To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical.” “That government is best which governs least, because its people discipline themselves.” “The secret to success is to own nothing, but control everything.” -Nelson Rockefeller “For the bureaucrat, the world is a mere object to be manipulated by him.” -Karl Marx “To say that any people are not fit for freedom, is to make poverty their choice, and to say they had rather be loaded with taxes than not.” “the purpose of government is to reign in the rights of the people” -Bill Clinton "Salvation is upon US.....or not?"<g> Jeff Jordan