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User Info FLASH: Geithner ADMITS To Exception Demand in forum [Ticker]
Genesis
Posts: 71430
Incept: 2007-06-26
A True American Patriot!
KD^2
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http://market-ticker.org/archives/883-FL....

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me

Last modified: 2009-03-19 17:02:58 by genesis

2009-03-19 16:43:03
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Infidel
Posts: 2972
Incept: 2007-08-27
A True American Patriot!
orlando, fl
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keep talking timmy.

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Today, there is a name for the political doctrine that rejoices in scarcity of everything except government. The name is environmentalism. George Will


2009-03-19 16:44:32
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Amgrace
Posts: 1304
Incept: 2008-02-15

New Castle, PA 16101
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Jesus

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"In an informal survey at a recent meeting of 150 or so institutions, those admitting to feeling nervous about underexposure to risk outnumbered those feeling too aggressive by a neat 10 to 1! This also suggests how a speculative rally can keep going longer than reasonable investors expect." - Jeremy Grantham 07/2009
2009-03-19 16:44:50
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Randy123
Posts: 2006
Incept: 2008-09-24
New Jersey
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Peace Timmy.

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Mliu is my hero. Captain melamine.
2009-03-19 16:46:29
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3600
Posts: 1031
Incept: 2007-12-01

Michigan
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The market rallied when Geithner was appointed would it also rally if he resigned?

2009-03-19 16:47:45
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Macneib
Posts: 2864
Incept: 2008-01-19

ROK, but I'd rather be back on Boracay,
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Geithner: Resign now before people start killing one another.

2009-03-19 16:48:57
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Vegasradar
Posts: 3956
Incept: 2007-07-11
A True American Patriot!
CA
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I don't buy it.
Timmy is taking the fall for Dodd as Timmy can't get voted out by J6pk

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Remember, all Bennie has is dollars. He destroys the currency, he destroys himself. —Karl
Filling in the Pieces- an economic overview:
http://storage.denninger.net/ppt/teapart....
2009-03-19 16:50:18
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Goforbroke
Posts: 980
Incept: 2007-11-30

Ohio
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And instead of Woodward & Bernstein we've got Liesman & Gasperino.

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Time to feed the chickens.
2009-03-19 16:50:44
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Widgeon
Posts: 6525
Incept: 2007-08-30

OK
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Bull**** ... that is, Timmy acting on his own is Bull****.


2009-03-19 16:53:14
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Waas
Posts: 789
Incept: 2007-09-05
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The looting continues.......

2009-03-19 16:56:49
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Matt
Posts: 3820
Incept: 2007-06-26

Bothell, WA
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...




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"Market players should be buying things even though they are overvalued, Cramer advised. Although this may seem irresponsible, traditional market thinking is not going to get people anywhere right now."
2009-03-19 16:57:44
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Fidgit
Posts: 14065
Incept: 2008-02-18

AllyBammy
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matt

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I say it's spinach, and I say the hell with it.
2009-03-19 17:01:22
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Mdrive
Posts: 632
Incept: 2007-11-26
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how do we know he didn't tell his boss?

2009-03-19 17:03:26
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Widgeon
Posts: 6525
Incept: 2007-08-30

OK
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Dodd is a complete ASS ... but it took some stones for him throw that grenade. Clearly shows that he has NO RESPECT for "O" and his regime. Obviously, Turbo Tim must've really ****ed Dodd off somewhere along the way.

LMAO.


2009-03-19 17:03:56
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Blackswan
Posts: 3601
Incept: 2007-11-06

Ponzi Roller Coaster
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Oops. If it is true.


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2009-03-19 17:06:39
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Widgeon
Posts: 6525
Incept: 2007-08-30

OK
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There's NO WAY they ALL didn't know that bonus' were enabled ...

2009-03-19 17:08:54
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Mdrive
Posts: 632
Incept: 2007-11-26
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he certainly is making obama look like a complete fool with his alexander hamilton comparison the other day, timmay by his side

2009-03-19 17:09:12
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Cjworkman
Posts: 5614
Incept: 2007-08-22

Online
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I think little TT started to think he was at the top of the system because he was working for the bankers...

I'm not a big Obama fan at this point.. but I hope he puts TT in his place if he doesn't do it himself.

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Ben is going to create an equity bubble from excess liquidity that tops at 1200... and bottoms at 300. A bubble inside of bearish economic conditions, so that it never reaches new market highs and crashes far below the lows. - me
2009-03-19 17:09:55
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Mo
Posts: 5501
Incept: 2007-06-26

Florida
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Here's the sequence of events that I know about:

1. Geithner asks Dodd for the bonus exception in legislation that no one had the time or inclination to read.
2. Dodd complies.
3. The Obama team finds out about the AIG bonuses last week and decides to use the issue to lead a populist outrage charge (because the populism was getting away from them and looked like it might turn against THEM).
4. Dodd is outed for inserting the bonus exception amendment.
5. Dodd says 'Obama administration officials' made me do it.
6. Geithner fesses up.

What a clown car these guys are.

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"The World has been cancelled. It doesn't even look like the world. There is one island that is maintained and is said to be owned by the Sheikh and the rest looks like a pile of muck."

Last modified: 2009-03-19 17:12:32 by mo

2009-03-19 17:10:58
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Dashingdwl
Posts: 4564
Incept: 2007-06-26

los angeles
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I would bet he told the President every last detail. He wouldn't dare leave him out of something like that.

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Think Green Tip.
2009-03-19 17:13:31
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Antone
Posts: 3820
Incept: 2008-02-03

This ain't your grandpa's depression.
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Like I said yesterday, we have GOT to be the laughing stock of the entire world right now. Jesus, how sad.

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Wir sind gefickt.
I do not provide investing advice.
2009-03-19 17:15:22
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Empyre
Posts: 222
Incept: 2008-12-31

Selah Wa
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This misdirection is still a headline? Seriously we're all up in arms over 1.1% of the total money given to this treasonous rat-hole? Let not bother to get incensed about the fact that US TAX DOLLARS have been funneled to FOREIGN banks here. Nope much more important to create tax law on the fly, as a punishment for something that everyone knew about, but has sudenly become unpopular. I just don't get it folks, you are so obviously being directed to things of little importance while the country stnads there waitign for its coming immolation...

2009-03-19 17:17:07
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Mdrive
Posts: 632
Incept: 2007-11-26
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weasel!

now it's being stated from the transcript, he just realized the 'full scope' of bonus loophole he asked for


jesus....i guess once you allow for the tax cheat to get a 'pass' he's convinced he can lie with impunity

2009-03-19 17:19:49
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Fidgit
Posts: 14065
Incept: 2008-02-18

AllyBammy
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I love all these liars trying to cover up for other liars

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I say it's spinach, and I say the hell with it.
2009-03-19 17:20:49
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Dashingdwl
Posts: 4564
Incept: 2007-06-26

los angeles
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Inconceivable!

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Think Green Tip.
2009-03-19 17:21:16
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