Category Archives: bailout

New stock market definitions

From the father-in-law… Subject: New Stock Market Definitions CEO: Chief Embezzlement Officer. CFO: Corporate Fraud Officer. BULL MARKET: A random market movement causing an investor to mistake himselffor a financial genius. BEAR MARKET: A 6-to-18 month period when the kids … Continue reading

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Sell the Market at the close

Large selling, with the possible exception of Tuesday, on the Dow Jones Industrial Average at the close for the last 5 days.

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Barney and Fannie

Glenn Reynolds has a roundup of additional articles on Barney Frank, Fannie and confict of interest.

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Fannie Mae and conflict of interest

Can you believe Barney Frank’s name surfaces again? Me neither! Perhaps it’s just FOX news making stuff up? Unqualified home buyers were not the only ones who benefitted from Massachusetts Rep. Barney Frank’s efforts to deregulate Fannie Mae throughout the … Continue reading

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NRCC Bailout Ad

The National Republican Congressional Committee has an ad out directing blame to the Democrats… Oddss are high you’ve already seen this ad before you got here! There is certainly more than one point of view, but this is one view … Continue reading

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Economic issues hurting Republicans

John Hinderaker over at Powerline has a rather dismal, but probably realistic update on Republican chances for the upcoming election. With a month to go, the election is looking bleak for us conservatives. The current economic crisis should, by rights, … Continue reading

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Roll the dice

Apparently Barney Frank wanted to “roll the dice” a little with Fannie and Freddie. Barney, you’re not rolling my dice in Vegas!

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Not a prudent idea

From stock and option systems trader Jay Kaeppel… There. Now I have sufficiently ticked everyone off. But that’s fine. You should be ticked off. And by that I mean ticked off enough to actually examine “the facts” rather than relying … Continue reading

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Gold @ $3000/oz?

So says Louise Yamada in the interview shown below. Note it is a long term call. I don’t know if the “bailout” is a good idea or not. I do firmly believe that returning to politics as usual, especially the … Continue reading

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Rahm Emanuel replacement for Pelosi

The two Richard Riley’s over at Instapundit agree it’s time for Nancy Pelosi to go. Not only do I agree with the Washington Post, Katie Granju, and plenty of other fellow Obama supporters whom you’ve linked to that it’s time … Continue reading

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Washington Post wacks Pelosi

Of course they rake Presdent Bush and the Republican’s over the coals first, but that said they do unload on Nancy… Still, Pelosi deserves no praise for her leadership on Monday. Even stipulating that we are in the closing weeks … Continue reading

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The beast can’t be killed

Neil Cavuto on the “bailout” package. He’s especially frustrated with anti-government capitalists that are singing a different song now. People such as Steve Forbes, Jack Welch and Jack Kemp.

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Nancy Pelosli, the anti-gravitas Speaker of the House

Katie Allison Ganju of Knoxnews blogs on why Nancy Pelosi must go… However, the speech was incredibly inappropriate. At a moment when the Speaker should have been rallying the entire membership of the House to pull together as Americans and … Continue reading

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Pelosi: Do your job

I’m sure Nancy Pelosi dislikes George Bush much more than Clay Evans does. That leaves very little doubt that screwing the Republicans and George Bush is much more important to here than passing the bailout plan. Powerline has some interesting … Continue reading

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Fannie and Freddie the root of the problem

An IBD editorial written by Fred L. Smith of the Competitive Enterprise Institute addresses how Fannie and Freddie are at the heart of the financial crisis. Going back in time… But eight years ago, when I testified before Congress that … Continue reading

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Republican Study Committee has a plan…

Read about it over at OpenMarket.org. Here’s the meat and potato’s and some comments on mark-to-market… The RSC plan is chock-full of measures to remove barriers to economic growth and market-distorting subsidies. It would suspend capital gains taxes to put … Continue reading

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Modify “mark to market” and short sale rules

This accounting rule is forcing financial institutions to write down their debt securities to ridiculously low values which only causes the problems to “trickle down”. I’m not necessarily advocating getting rid of it. Apparently mark to market rules came after … Continue reading

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Asian stock markets open lower

(click to enlarge) Get your asian stock market quotes here. Most major asian stock markets have opened down between 4 – 5%.

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Gold is jittery

Get your gold price update at kitco.com.

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Typical Daily Camera Hatchet job

Clay Evans picks up the “It’s all Bush’s fault” baton in this Daily Camera editorial. Clay concludes… But at the political level, I wonder: Would we still be arguing, or would he look at the relative prosperity of the Clinton … Continue reading

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