Thursday, March 12, 2009

Good lord it's been too long since I wrote here

It's been sometime since I wrote anything here, much has changed.
Lets' get rolling with this. I know the press has beaten to death all the current Limbaugh nonsense, the talking heads on both sides of the news are already chirping away... and even into the windout... I think this thing is safely behind us.

The DJI jumped about 300 pts yesterday and that makes me really nervous. I always get nervous when stocks jump for no reason. Of course most companies are trading UNDER liquidity value so it shouldn't really be that surprising that they come up a little closer to it. I just get a little antsy because nothing has really changed as far the original problems are concerned.

God Damn you Timmy... you're messing up everything. Another TARP can't be the answer.

Mark to Market... what can I say but overhaul it? I don't think you can eliminate it, but it needs to be more accurately reflective.
I can't believe people are really blaming this stuff on the Short Stockers. Shorting stock only WORKS in a downspiral. I don't like shorting because it's risky and scary and you're BETTING on failure... with money you really don't have yet.

Fractual reserve banking practices are finally being drug into the light of day.
Lets see what we can find there.

Socialists... are... EVERYWHERE! Beware of these freakjobs.

Ok that's all for today, I promise more in depth looks at some of this stuff tomorrow.

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