Saturday, September 06, 2008

[headlines] need to be careful

Had to smile at:

Paulson Plans to Take Control of Fannie

Well, you can't blame him. Other good ones include:

* Eye Drops off Shelf

* Safety Experts say Kids should be Belted

* Something went wrong in Jet Crash, Experts say

Do you know some good ones?

9 comments:

  1. Yes have to be so careful with those headlines ;-)

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  2. So, hanky panky paulson wants to nationalise fanny.

    Does that mean it will be available on the NHS for the price of a prescription, along with the viagra, perhaps?

    Wouldn't be much use for gordon, though!

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  3. What Fannie would have paulson, the filthy corrupt liar?

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  4. For this one, I'm going to take your first line as serious.
    Re foney and fraudi.

    You should really listen, and read this link.
    Truly insanity is visiting. The four horsemen are saddled.

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  5. Foney and fraudi, - they were free to commit fraud from the beginning.
    First they negotiated less arduous responsibilities, and then they geared their fraud at 80 to 1.
    This was insanity, - just over 1% hit caused insolvency, which as the previous post/youtube says, was fraudulent accounting




    Foney and fraudi seizure
    LOOK WHO THE NEW BOSS IS! (towards the end of the article), yup, fresh from Carlyle, a Bushman
    "David Moffett, who served as vice chairman and chief financial officer of U.S. Bancorp until early 2007 and then joined the Carlyle Group private-equity firm as a senior adviser, will take over Freddie Mac".
    Can you spell corruption?

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  6. 8 Sept, 08

    NEWS FLASH, - A MASSIVE CHANGE IN THE SPACE-TIME CONTINUUM OCCURRED BETWEEN THE HOURS OF 1am, AND 3am CDT.

    Physicists described the phenomenon, and spoke to reporters. “One of the major events that took place during such an episode” a noted PhD remarked, “is that the laws that govern the universe as we know it, are suspended, not only what we call natural laws, but economic laws. What I mean by this is that the laws of supply and demand no longer function in the manner that we are accustomed to seeing. The reason for this is that unseen cosmic particles bombarded the brains, causing them to react in exactly the opposite manner to that which marks them as normal.”
    You remember that episode of Star Trek, when Captain Kirk, Dr McCoy, Lt Uhuru, and Mr Chekov, were transported into an alternative universe as a result of a tear in the fabric of space/time?
    Well that’s what we got today.
    Let me be specific, - when the news broke that when the news broke that the US Gov’t was going to bale out Fannie and Freddie, taking on umpteen gazillions of indebtedness, investors rightly viewed that as horrific dollar bearish news, - - the Euro was up a full 2 cents on the session in Asia. Then the event happened simultaneous with the opening of trade in Europe. Millions of those unseen cosmic particles reversed the thinking processes of investors all over the globe at the same time, and they suddenly realised that a bail-out of this proportion was wildly dollar bullish – and had exactly zero consequences.
    Now do you see what happens during such rifts in the space/time continuum?

    So there you have it folks, until scientists can come up with a way to repair this tear in the fabric of the universe, we are all going to have to re-learn everything we know about the laws that govern thermodynamics, gravity, and economics. Maybe they will devise a gigantic vacuum cleaner of sorts that will suck these unseen cosmic particles out of the minds of investors, causing them to return to normal. At that time the dollar will promptly be sold off, in the same ignominious fashion that it was sold off in Asia last evening, before the Market Fixers in the west showed up to mark their impress on the scene.

    Anyone at this point in the game that denies that the monetary authorities in the West are effectively rigging the markets, IS A COMPLETE IDIOT. Before this gambit is over, I expect that if for some reason Hurricane Ike moves into the western Gulf of Mexico, that should be good for at least another $10 drop in the price of crude oil, and perhaps another $1, - $1.50 drop in gas prices. After all, who the hell needs those rigs out their anyway, besides the fish who think they are a nice roof.

    Needless to say at this point, there is nothing left to write about what took place beginning when the West showed up to trade. I will not even attempt to explain it as to do so would be an insult to those who can still think.

    As you can clearly see, 820 is the “magic number” in Gold for the Feds. A DO NOT PASS GO HAS BEEN PUT OUT AT THAT LEVEL, and they have spread the word about their favourite Hedgies that they may sell with impunity at that level.

    We’ll see what Asia and the East have to say about that.

    Hat tip, Trader Dan.

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  7. The Appointed Group of Manipulators, aka Pigman Pension Pogrom is getting on with business.

    Following foni and fraudi bailout, someone has to fail.
    Bear Stearns card was marked because they did not contribute to ltcm bailout in the ‘90s, and offended the Wall Street Boyze.

    So who?

    The public has been reamed and now is on slow simmer, but who could be a big name?

    The pigmen would enjoy picking the carcass of Wahington mutual, but it would be, ummm, well,…

    So Lehman?

    Lehman and Bear were outside the Goldman, JPM, Citi, whirly, and it looks like SK are walking from the deal. Oh well!

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