Market crash: are we there yet ?

[TropicCat]

Originally Posted by chris_gee

Hmm the latest story is that the amongst the feds throwing money around is $25 B each for Citi and MS etc etc, as preferreds at 5%, no warrants or equity conversion, plus guaranteeing new bonds. Less than half the deal the Japanese got and a third that of Buffet's.
Sailaway need not worry yet about state funded bordellos to meet his every need. Paulson has others to screw and they ain't his friends.

Oh, I don't know. Diamond called the Fed's investment in the Banks "a good deal". He sounded pretty happy about having access to all that cash.

[cardiacpaul]

"Conservatives don't think twice about handing their buddies $700 Billion"

And obama koolaid drinkers think nothing of the 1.07 TRILLION in NEW SPENDING that obama proposes.

geez, another one (same one) to ignore... again.

[SailorMitch]

Originally Posted by sailaway21

More rational advise.
Don't Panic - Forbes.com

Rational advice??? Seems more like a Steve Forbespep talk than anything else. YOu can hear the same line of reasoning on the local news.

[sailaway21]

CP,
I was thinking much the same thing!

[TropicCat]

Originally Posted by cardiacpaul

"Conservatives don't think twice about handing their buddies $700 Billion"

And obama koolaid drinkers think nothing of the 1.07 TRILLION in NEW SPENDING that obama proposes.

geez, another one (same one) to ignore... again.

Proposing is one thing...doing another. Politicians promise anything to get themselves elected. Obama's no different. Take George Bush's promise not to be a Nation Builder...as an example.

The only ones drinking the Kool aid around here are the ones who haven't realized yet, just how much the Bush Administration screwed them.... (and us in the process). I call these people illiterate, as there just isn't another word for it.

The ugly fact is that no matter who becomes President, there won't be enough money for any 'proposed' program..other than new taxes.

By the way. Please feel free to ignore me as you can't convince me, or the 87% of Americans who think this country is on the wrong track, any different.

[chucklesR]

Now he equates the 87% to the economy.
I'm still searching for his 1.5 trillion prediction.

Ya'll have fun. I don't capitulate to blowhard idiots, I hit ignore.

[cardiacpaul]

oops, I guess the actual figures are closer to 870 billion (accountable)
there are here over 60 items that are listed "cost unknown"

http://www.ntu.org/pdf/P080603Obama_...ngAnalysis.pdf

[TropicCat]

Originally Posted by chucklesR

Now he equates the 87% to the economy.
I'm still searching for his 1.5 trillion prediction.

Ya'll have fun. I don't capitulate to blowhard idiots, I hit ignore.

You sure didn't 'search' very hard. The 87% is BECAUSE of the economy. You don't read the Polls? It's America's number 1 issue.

#139 (permalink)

and here

#769 (permalink)

and here

#863 (permalink)

[TropicCat]

Originally Posted by sailaway21

......I think you are more than a little myopic on this one, Rick. The MBS market is not the be all and end all of the US economy. Have you noticed that manufacturing is up? Also; how has the economy been able to do so well with the auto industry in the dumps for the last three years? An amazingly resilient economy continues to grow, albeit somewhat slowly, in spite of war and some sections of it depressed. I doubt the shakeout in MBS will change it's course. I believe you are failing to see the forest for the trees.

I had to laugh when I found this one. A typical Sailaway21 post I came across when searching for the other link.

It was just as accurate as all his other posts.... Hmmm... "Wrong way Sailaway21"?

Nah...there's no ring to it...

[TropicCat]

Originally Posted by PBzeer

Further participation would only be a case of Sailnet denial. Personally, I'm a half full type of person, not a half empty. You're determined to see gloom, so be it. Though if it's as bad as you make out, why are you still hanging around? Purely a rhetorical question, requires no answer.

It's amazing what you find when you're not looking for it. Here's John calling me Mr. Doom and Gloom.

I wasn't anywhere close to being Doom and Gloomy enough...