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

To: Crimson Ghost who wrote (16479)	3/23/2009 3:03:21 PM
From: SliderOnTheBlack	6 Recommendations Respond to of 50198

re:["The bigger the potential taxpayer giveaways to fraudsters and looters the more the market likes it."] You bet. They should have made CNBC's Bob Pisani wear a dress and wave pom poms today, they way he was cheerleading. I think he may have wet himself. It's shameless, but expected. Wall Street makes it's money by speculating with other peoples money, and they need to keep the sheep in, and in this case, hopefully get them back in... for one final shearing. Every single day, more and more people are seeing the looting for what it is. I talked about how they're looting and literally stealing the earnings from sound, local, community banks to fund the FDIC handoff to the looters. Hussman see's it as the road to the FDIC's ultimate bankruptcy... hussman.net "This is not only an invitation for rampant moral hazard, as it would allow the financing of largely speculative and inefficently priced bids with the public bearing the cost of losses, but of much greater concern, it is a likely recipe for the insolvency of the Federal Deposit Insurance Corporation, and represents a major end-run around Congress by unelected bureaucrats." And on the subject of "unelected bureaucrats"... is there anything scarier than that slip of the lip in Munich, Germany by Obama's National Security Advisor? Like I said, they're done writing people. cfr.org Remarks by National Security Adviser Jones at 45th Munich Conference on Security Policy Published February 8, 2009 Speaker: James L. Jones U.S. National Security Adviser Jones gave these remarks at the 45th Munich Conference on Security Policy at the Hotel Bayerischer Hof on February 8, 2009. "Thank you for that wonderful tribute to Henry Kissinger yesterday. Congratulations. As the most recent National Security Advisor of the United States, I take my daily orders from Dr. Kissinger, filtered down through General Brent Scowcroft and Sandy Berger, who is also here. We have a chain of command in the National Security Council that exists today.... ------------------ And some here doubted the significance of having Henry Kissinger, and then Sir Evelyn de Rothschild both appear live on the floor of the NYSE, during the market meltdown in October thru December. youtube.com youtube.com They were claiming "Mission Accomplished." And fwiw, they're not stopping there. S.O.T.B. PS: America needs a Hail Mary, but sadly, I don't even see a QB on the field that's on our side...