Just had time to go through and try to understand Obama's latest scheme.
This man has obviously read Sun Tze Art Of War.
Days before announcing his latest scheme, he threw a hot potato with the AIG bonus issue. Before that can settle down, he announces his latest 'Toxic assets buyback scheme". Smart move....real smooth.
After smelling shit, smelling anything else after that will seem SWEET. Hence the market euphoria last night.
Well I tell you what. If the Dow dont correct tonight or thereafter; after people have a chance to really read about the mechanics of the scheme, I chop off my banana.
1) Govt lending money to the very same crooks that create the crisis.
2) Govt tells them take the money and clean up your shit. If u fail never mind.
3) Govt never bothered to find out what create the mess in the first place?
4) Govt just anyhow print another $1 trillion mulas?
5) Govt using TAXPAYERS monies ok.
In this crisis, even a hare-brained scheme announced with gusto by a superb speaker does wonders. Remember a drowning man will clutch at straws.
Watch for sharpened knives to carve this scheme wide open in the next 1-2 days
This man has obviously read Sun Tze Art Of War.
Days before announcing his latest scheme, he threw a hot potato with the AIG bonus issue. Before that can settle down, he announces his latest 'Toxic assets buyback scheme". Smart move....real smooth.
After smelling shit, smelling anything else after that will seem SWEET. Hence the market euphoria last night.
Well I tell you what. If the Dow dont correct tonight or thereafter; after people have a chance to really read about the mechanics of the scheme, I chop off my banana.
1) Govt lending money to the very same crooks that create the crisis.
2) Govt tells them take the money and clean up your shit. If u fail never mind.
3) Govt never bothered to find out what create the mess in the first place?
4) Govt just anyhow print another $1 trillion mulas?
5) Govt using TAXPAYERS monies ok.
In this crisis, even a hare-brained scheme announced with gusto by a superb speaker does wonders. Remember a drowning man will clutch at straws.
Watch for sharpened knives to carve this scheme wide open in the next 1-2 days
