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User Info Heads I Win, Tails Taxpayers Lose! in forum [Ticker]
Genesis
Posts: 71400
Incept: 2007-06-26
A True American Patriot!
KD^2
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http://market-ticker.org/archives/1000-H....

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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
2009-04-30 08:21:13
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Aja
Posts: 2209
Incept: 2008-03-19
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Feh what do they (the govt) care? They'll be safely away by the time we actually have to "eat" this so it's much better to keep the old bank lobby money machine happy.

2009-04-30 08:28:43
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Yaldor
Posts: 1430
Incept: 2008-05-17
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Congratulations on the 1000th ticker. I still recall the "ticker's up" messages on Yahoo CFC(RIP) board... it was 2 years ago.

can't help wonder where would the economy be if the plowers to be would: read, understand and implement the ticker....

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For every crash the probability of someone showing that he predicted it is near 1 .

For every prediction of an imminent crash the probability of it being correct is almost zero

Last modified: 2009-04-30 08:51:39 by yaldor

2009-04-30 08:50:42
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Genesis
Posts: 71400
Incept: 2007-06-26
A True American Patriot!
KD^2
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It was the 1000th wasn't it?

Sheesh... didn't even notice :)

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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
2009-04-30 08:52:12
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Aja
Posts: 2209
Incept: 2008-03-19
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100 days.....1000 tickers
I'll take the 1000 tickers

2009-04-30 08:53:45
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Themortgagedude
Posts: 3930
Incept: 2007-12-17

saint louis
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The difference between 100 days and 1000 tickers is that one Mr Denninger advocates taking a realistic view of our situation and BHO just reads and teleprompter and then goes home and hopes. Mr President 2 + (2*1)= 4. The math is never wrong no matter how you want to look at it.

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"These are interesting times. We don't trust the government, we don't trust the legal system, we don't trust the media, and we don't trust each other! We've undermined all authority, and with it, the basis for replacing it! It's like a six-year-old's dream come true!"


2009-04-30 09:36:53
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Xanares
Posts: 1288
Incept: 2008-11-10

London
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I'll ditto that congratz!

Obviously making all these toxic investments sure bets, just like the entire ponzi up till now, will make the hedge funds take more risk... but do you think it will be enough to meet with the banks price-expectations?

One has to hope it wont.

2009-04-30 09:39:47
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Koaj
Posts: 950
Incept: 2009-02-03
A True American Patriot!
NJ
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i have no idea why any hedge fund would get in bed with the government. is the reward worth the risk?

2009-04-30 10:06:59
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Steelhead23
Posts: 387
Incept: 2008-09-09
Portland OR
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This is the wrong place for this post, but I want to get it out there. In the event you all failed to notice, the president held a prime-time press conference yesterday. His answer to the last question asked was telling. He basically layed out the portfolio of issues he cane into office to deal with saying "I'd take that," leaving the distinct impression that he does not want to have to deal with a badly damaged financial system and economy. He also made it clear that with two wars to run he has no interest in running banks or auto companies.

Think whatever you wish about the guy, but I believe that the reason his administration has taken such "protect the bankers at all costs" approaches to the problem is that the president has hired a group of bankers (likely at the behest of his banker benefactors) and wants them to do whatever it takes to keep the issue off his desk. I think this is a terrible decision, but there's my take - it isn't that Obama isn't willing to do tough things, he simply does not wish to do this one - which in my view is job 1.

If we want things to change (and I know we do) then we are going to have to do our best to put this issue on Mr. Obama's desk as often as it takes for him to get the message that Geithner is not the man for the job.

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short em all - let God sort em out!
2009-04-30 11:26:31
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Yaldor
Posts: 1430
Incept: 2008-05-17
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steelhead has a point. How do we get to BHO desk ? isn't it too late to change course for him ?

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For every crash the probability of someone showing that he predicted it is near 1 .

For every prediction of an imminent crash the probability of it being correct is almost zero
2009-04-30 11:47:30
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Seedyrum
Posts: 267
Incept: 2009-04-09
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no its not to late for him to change course>

I rather him change course now and do what needs to be done and we take our medicine (no matter how it hurts) than


proceeding on the course we are on and it gets later and later and more money poured in this cesspool to then come to the realization that a new course has to be forged>

do it now> take the (torture) then rebuild and restruct>


look we are going to have some pain> its inevitable>its written>

but suckering folks >laundering money>fraudulently getting "profits" to delay what we need to do is absurd>>

its like stuffing an elephant in a soda bottle>

how long can Obama kick the can down the street??

2009-04-30 11:54:26
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Samspade
Posts: 122
Incept: 2009-01-03

Online
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BHO isn't interested in KD's comments or yours or mine. Never will be. That's just the way it works.

2009-04-30 12:02:52
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Tesla
Posts: 8174
Incept: 2008-04-03
A True American Patriot!
Delaware
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When will you guys read the memo - Obama doesn't care what the banks do just as long as CONgress and the Treasury will fund his social spending priorities.

When the funding stops - then Obama might pay attention.

Until then he's more concerned that his teleprompter not malfunction and that Michelle has buff arms than anything else.

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"Neither the wisest Constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt." Samuel Adams

I'd rather die on my feet than live on my knees. - Emiliano Zapata
2009-04-30 12:03:57
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Dashingdwl
Posts: 4564
Incept: 2007-06-26

los angeles
Online
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The Administration still believes the tax receipts will be roll in and 10 year rate will be < 3%.

It will be business as usual until it crashes completely.

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Think Green Tip.
2009-04-30 12:07:18
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Waverider
Posts: 2785
Incept: 2007-12-23
Chicago
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>Good luck Mr. President; you're going to need it.

I don't think any one will blame him. J6P is not that smart. They will think that he did the best he could. In politics, policies no longer matters. People go for syntax and ignore the semantics. President is the master of words. Charismatic like Kennedy or Clinton etc. And that's what matters to people.

2009-04-30 12:22:44
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Xanares
Posts: 1288
Incept: 2008-11-10

London
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"I didn't have sexual relations with that economy"

2009-04-30 12:32:26
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Tesla
Posts: 8174
Incept: 2008-04-03
A True American Patriot!
Delaware
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Oh, they'll blame him. Wait til their bonds tank, their equities tank more, and they can't get out of their altA option ARMs.

The current administration, whoever it is thruout history, always takes the heat.

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"Neither the wisest Constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt." Samuel Adams

I'd rather die on my feet than live on my knees. - Emiliano Zapata
2009-04-30 12:36:02
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Sean
Posts: 365
Incept: 2009-04-21
Phoenix - Go Sheriff Joe!
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Quote:
The Administration still believes the tax receipts will be roll in and 10 year rate will be < 3%.

It will be business as usual until it crashes completely


Exactly Dash!

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How long before we all Go Galt?
2009-04-30 20:48:09
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