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The leadership in the U.S. is a joke | |
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From: cfran...@gmail.com
Date: Fri, 14 Mar 2008 14:32:44 -0700 (PDT)
Local: Fri, Mar 14 2008 5:32 pm
Subject: The leadership in the U.S. is a joke
Boy, the big boys sure are well-protected in this country. The Fed
has given tax dollars - tax dollars - to Bear Sterns to assume their credit risk and keep them from going bankrupt. Unbelievable. Why is Bear going bankrupt? Because they were greedy -- trying to
This is the bailout that Jim Cramer was clamoring for last year in his
That's a nice message to future white collar criminals and greed
Meanwhile, the Fed is setting things up for an even larger financial
As for most of you out there: Yes, Joe Schmoe, President is an
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From: Stullion <s.d.st...@gmail.com>
Date: Fri, 14 Mar 2008 14:44:08 -0700 (PDT)
Local: Fri, Mar 14 2008 5:44 pm
Subject: Re: The leadership in the U.S. is a joke
Maybe I'm clueless, but I didn't know the Federal Reserved had the
right to tax me? I didn't even think they got money from Congress? Oh that's right the Fed doesn't tax us! You must Sign in before you can post messages.
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From: cfran...@gmail.com
Date: Fri, 14 Mar 2008 14:52:09 -0700 (PDT)
Local: Fri, Mar 14 2008 5:52 pm
Subject: Re: The leadership in the U.S. is a joke
I didn't say the Fed taxed us. Read and comprehend. Maybe you should
take a deep breath first. http://bloomberg.com/apps/news?pid=20601087&sid=abl8CI.8oF8U&refer=home You must Sign in before you can post messages.
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From: cbflind...@gmail.com
Date: Fri, 14 Mar 2008 17:46:25 -0700 (PDT)
Local: Fri, Mar 14 2008 8:46 pm
Subject: Re: The leadership in the U.S. is a joke
"The Fed has given tax dollars - tax dollars - to Bear Sterns to
assume their credit risk and keep them from going bankrupt." You must Sign in before you can post messages.
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From: bon...@gmail.com
Date: Fri, 14 Mar 2008 18:51:25 -0700 (PDT)
Local: Fri, Mar 14 2008 9:51 pm
Subject: Re: The leadership in the U.S. is a joke
To OP:
They are not going bankrupt because of their subprime losses, even
Also, I agree with most of the rest of your post...but it's my
They bounce easily 50% of the way back up if they make earnings for
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From: massa...@gmail.com
Date: Fri, 14 Mar 2008 20:06:07 -0700 (PDT)
Local: Fri, Mar 14 2008 11:06 pm
Subject: Re: The leadership in the U.S. is a joke
LOL...I like the mentality on GS and JPM rumores. As for the initial
post, I love it. I didn't want a corporate bail out and I thought the Feds interventions was the stupidest idea ever. So they bail out Bear Stearns for their idiotic moves after they said they weren't going to bail anyone out. Hmmm, they seem to be hypocrites. Now as for the Fed swapping the money for 28 days, that was great a idea because the companies still get stuck with their risky moves in the end. From the beginning of this crises, the fed has always acted as if nothing was going to happen. Then all of sudden they realize how stupid and naive they were, so they cut drastically and idiotically 1.25 bps in a month. If they acted in a timely manner none of this b.s. would be this way. To me the fed only works 10 hours a week but gets paid for 40/week. Also, they must get all their food Comped by Presidents Bush's policies. The Fed Gov and Reserve both blow. They are living in the 40's when you could take your time respond. I'm sorry, but I can't stand the bush adminstration either. What great policies they bought us. Everything has been a cover up and Bush will go down as the dumbest president ever elected. That's why I voted both times for Democratics, but lost. They might have not been the best choice, but they were definitely better than Bush. The Great white hunter (Chaney) should of shot Bush. Any Comments? You must Sign in before you can post messages.
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From: rocks...@gmail.com
Date: Fri, 14 Mar 2008 20:48:14 -0700 (PDT)
Local: Fri, Mar 14 2008 11:48 pm
Subject: Re: The leadership in the U.S. is a joke
I agree this might be lot due to rumors but my friends who said Stock
Market woks on logic, OH it does as long as people use logic. This is money my man no one trusts others with their money, not even banks as they didn't today, as they won't next week and in coming months..........There is so much of good stuff out there who wants financials. You are playing with fire don't blame rumors or FEDS later on.....there is only so much both can do. As far as my position I cant wait for the market to go down at least it will bring oil down and that my friend will sure help a hard working JOE on the main street. Its fun watching market slowly accepting reality. Carry on stocks......it wont be too painful too lose some worth! You must Sign in before you can post messages.
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From: grady.bar...@gmail.com
Date: Fri, 14 Mar 2008 20:04:56 -0700 (PDT)
Local: Fri, Mar 14 2008 11:04 pm
Subject: Re: The leadership in the U.S. is a joke
Rumored out of business??? If it looks like a duck, quacks like a
duck....well, you know. BSC is just the beginning. Housing was at over five times incomes on the average across the nation. Price to rent was out of control. (Still is) Assume housing is a stock, it would have been trading at over 35 times earnings! A major correction was in order, and guys like BSC were leveraged to the hilt in this stuff. When BSC fails, and their assets are marked to market, we will know how bad this is. You must Sign in before you can post messages.
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