http://www.creators.com/opinion/paul-craig-roberts/does-the-bailout-pass-the-smell-test.html
Today was another 90% down volume PLUS day closer to 98%. This trumps the 90% 900 point UP day we had Monday on what premise? The BALD MFER'S on the job , gonna fix her? (what language...it's Ok I'm bald too!)
Just as 911 was road for BUSH to push his new world order BS doctrum on the world and INVADE Iraq and involve us in another VIET NAM (" WE WILL LEAVE WITH VICTORY.....")
There is NO victory against a terorist aggresor, ONLY CONTAIGNMENT!
We HAD containgment, until the MILITARY INSIDERS created fear and pulled a fast one on us. we are SO SCREWED.
BUSH will go down as the WORST PRESIDENT in history, and he has maybe destroyed AMerica's status in the world, we cannot even function without BILLIONS of $$$ lira whatever coming in from outside to function.
IT IS TIME to take back AMERICA, and if it means a vote for anyone other than McCain so be it, who is an older slower BUSH.
WE need change SO BAD, we will elect someone with very little experience, but looks Presidential, call him a good actor, they're all good actors....there is no quick fixing our problems, and promising the American people MORE when we cant pay for what is on table now is wrong too.
BAILOUT IS BS, and you know what to do, vote out any who voted for it, if that's not what YOU wanted them to do. They are elected to do bidding of electorate not their own freaking agenda.
You jump in TOO soon this mkt you get hurt. I like some of the companies that seem sound paying large dividends, but they can get cut! and stock will fall lower.
There is a LARGE SCALE LIQUIDATION going on now folks, and I do not know what wont get thrown out with the bad.
Governments actions as described in article above does not address the real problem, the deliquent mortgages and as people lose jobs etc more will default compounding the problem.
WHAT IS DEFLATION? well we have asset deflation in declining stock markets worldwide, we have Housing deflation as homes lose value. We have business pressure to LOWER prices as costs rise just to close business. SPX profits falling, declining oil prices and most commodities.
Action by central banks and fED etc are inflating, but not in this environment...OIl now near $73 !!!! BDI has been collapsing as I showed earlier.
THEY may not want to look back, but WE SHOULD to spot the culprits and make sure it never happens again.
That SHILL KNUCKLEHEAD PAULSON is a studdering goof and was silent until even an idiot could see we were indeep shit, AKA BUSH and GHOST HOST BERNANKE.
Behind the scenes ghoul Cheney, puppit master....the many who helped mislead us into a bad war, costing precious lives and Trillions of dollars.
NO KNOWN TERRORISTS we in IRAQ at time of invasion, NO weapons of BS destruction...we can see a flea on a rhino teet from outer space, hear a monkey fart from same, and we got it wrong?
NO, it fit the profile of the BUSH doctrum, and the american people and congress were duped.
So here we are to pick up the pieces, pay the costs, suffer the consequences...think about what message you want to send to the IN CROWD when you pull the lever and NO there is no box to check NONE OF THE ABOVE.
Duratek
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