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To: Wayners who wrote (40737)	11/23/2012 1:06:12 PM
From: GROUND ZERO™	2 Recommendations Respond to of 219394

You mean, timmy the tax cheat? LOL!!! That clown talks out of his ass every time he opens his cake hole... LOL!!! GZ

To: Wayners who wrote (40737)	11/23/2012 1:21:42 PM
From: GROUND ZERO™	14 Recommendations Respond to of 219394

WEEKEND MARKET POLL FOR BULLS... Let your opinion count, if you think the DOW will finish next week higher, then please Recommend This Post... Thank you for your valuable participation... also, if you have a market impression, then kindly post it and share it with the thread... thanks... GZ

To: Wayners who wrote (40737)	11/23/2012 6:32:24 PM
From: Kirk ©	Read Replies (2) \| Respond to of 219394

you mean other than punishing hard work and success?

To: Wayners who wrote (40737)	11/23/2012 8:24:46 PM
From: Hawkmoon	2 Recommendations Read Replies (1) \| Respond to of 219394

On one hand, I think Geitner's comments were very ill-advised. What he said indicates that no attempts at fiscal restraint and deficit reduction should be made. But what, IMO, he's really thinking is that we need more high-grade collateral to prop up the derivatives bets from the shadow banking system.. And compared to everything else, with the exception of physical gold and silver, US sovereign debt is the gold standard. I find myself paying more and more attention to what Grahmn Summers is saying on the issue, especially with regard to Precious Metals.. (and I'm not known as a gold bug).. http://www.zerohedge.com/contributed/2012-11-21/real-reason-fed-wont-tough-treasuries-again-and-tapped-out The Fed is supposedly buying up MBS debt in order to put a floor under that market as the value of housing backed securities has diminished in credibility as collateral.. So, what's left is Sovereign debt, backed up by the full faith and credit of heavily strapped tax payers. Can't have additional Trillions in collateral made available if we have a debt ceiling.. But I really don't think debt should be used as collateral.. Especially when the borrowed money is being wasted by the politicians and party hacks who lobby for more public spending that does not create an ROI for the taxpayers. Hawk