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


To: carranza2 who wrote (18701)3/17/2009 8:08:38 PM
From: Real Man  Read Replies (1) | Respond to of 71409
 
Exactly. There are quite a few crooks who also got golden
parachutes in the mess. The axe of public rage now falls
on everyone, but there is nothing anyone can do about that.
It's only natural. When ordinary folks see their 401K-s
depleted and hear stories of Madoff, mini-Madoffs, and
AIG, it's only natural to assume all their money were all
stolen by the crooks, especially since their money was managed
by someone else and they only saw statements.

In part true, as there has been a crook fest
before Bush left and during his time. For the most part, false.
The vast majority of the "money", or "investments" simply
vanished into a post credit bubble black hole.

1. The 350 bln. is part of the package approved in September
and signed by Bush, it's not new. But new strings are attached.

2. Obama's 787 bln. package is NOT directed at WS, it's going
to main street.

3. The Fed is still doing stuff. Ben does not give the
impression of a crook, thou. He is pursuing his theories in
trying to manage post credit bubble/derivative collapse
economy, which could be dangerous.