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To: Box-By-The-Riviera™ who wrote (384288)4/17/2009 9:14:18 AM
From: Giordano Bruno1 Recommendation  Read Replies (3) | Respond to of 436258
 
Lol - April 17 (Bloomberg) -- The Obama administration’s bank- rescue efforts will probably fail because the programs have been designed to help Wall Street rather than create a viable financial system, Nobel Prize-winning economist Joseph Stiglitz said.

“All the ingredients they have so far are weak, and there are several missing ingredients,” Stiglitz said in an interview yesterday. The people who designed the plans are “either in the pocket of the banks or they’re incompetent.”



To: Box-By-The-Riviera™ who wrote (384288)4/17/2009 10:35:13 AM
From: Real Man1 Recommendation  Read Replies (1) | Respond to of 436258
 
If you are willing to bet against the printing press, YOU
short this rally. The printing has become obscene and is well
into Banana Republic territory. If you trust Mish, we are
deflating. I only sell cash.. for gold. Shorting bondz is
definitely dangerous, even though I would hate to be long
those.


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