fabijo's account talk

[fabijo]

fabijo - You're a Libertarian! No doubt about it!

http://www.lp.org/

Fo sho. But maybe even extra libertarian than libertarian.

 

[fabijo]

If we are on the verge of a financial collapse, how the he** is a measly $700 billion supposed to fix it? Aren't there many trillions of dollars out there, ready to fail?

 

[fabijo]

I don't know how to bleep out the curses. It's George Carlin, so please don't watch if you don't like to hear curses, but what he says is pretty much on the money:

 

[fabijo]

Here we go!

 

[Wolverine]

Financial Socialism, here we go.

George Carlin had it down good also.

 

[JTH]

Gotta love George C. He'll be missed

 

[fabijo]

I wish I waited until today to get back in. I'll just have to surf this wild wave.

I mean, "SELL! SELL! SELL!" *trying to spread more fear*

 

[Steadygain]

I wish I waited until today to get back in. I'll just have to surf this wild wave.

I mean, "SELL! SELL! SELL!" *trying to spread more fear*

I thought the same thing last night 'When I realized the DEAL had not gone through'.

The problem is: "Everyone is now essentially convinced that until the DEAL goes through - the economy will continue to TANK."

It's possible that Congress (which I thought would push it immediately through Last Monday) may let this drag on a bit longer. So if they wait another week or two...then today is just the start; you'd be way better off waiting for the gate to open. The horses (Bulls) can't run until the gates open.

 

[fabijo]

It's possible that Congress (which I thought would push it immediately through Last Monday) may let this drag on a bit longer. So if they wait another week or two...then today is just the start; you'd be way better off waiting for the gate to open. The horses (Bulls) can't run until the gates open.

You've got a good point there. People are still upset about this "fix." Give it a couple of weeks of financial bloodshed and you'll have Americans begging to pass the bill.

 

[fabijo]

Ahhh. It must feel good to be free.

 

[Silverbird]

You've got a good point there. People are still upset about this "fix." Give it a couple of weeks of financial bloodshed and you'll have Americans begging to pass the bill.

Actually until there was a crisis on the financial side almost everyone was saying and many probably believed "the economy is strong". Those in the know are seeing what's coming with no action, and maybe it's a good idea to wait also because we may be able to see more of this monster and have time to figure out possibly better ways to contain it.

On your "boat" posting, I think there were hopes that things would hold up long enough for them to steal the chickens and leave the eggs (about to hatch hungry chicks) for the next "Hoover" (especially good if next guy is from the other party, and right in the middle of a transition, but no matter what plaster it on someone else's legacy).

 

[fabijo]

I just heard on MSNBC that Paulson failed in selling this thing. People don't realize that if this credit crunch continues, you might not be able to use your credit card.

Oh no!! Don't take away The Great American Credit Card! What will we ever do without our credit cards?

 

[Silverbird]

I just heard on MSNBC that Paulson failed in selling this thing. People don't realize that if this credit crunch continues, you might not be able to use your credit card.

Oh no!! Don't take away The Great American Credit Card! What will we ever do without our credit cards?

Exactly, he said "Bailout" and "$700 Billion" and "No amendments" all in the same breath, and took the oxygen away. This bill was a gift white elephant that no one wanted (you gave your enemy a white elephant because they were sacred and he would have to take care of it at any expense).

 

[fabijo]

Exactly, he said "Bailout" and "$700 Billion" and "No amendments" all in the same breath, and took the oxygen away.

soon enough, soon enough. I kind of like chaos. Bring the chaos on. That's when an even bigger intervention is going to happen. $700 Billion? That will sound like pocket change compared to what will pass.

emergency
emergency
emergency

That word is getting drilled into our heads. Our minds were conditioned with the daily "terrorism alert levels." We'll know how to respond. We'll be in unison once again when we're all feeling the attacks of financial crisis.

 

[Silverbird]

soon enough, soon enough. I kind of like chaos. Bring the chaos on. That's when an even bigger intervention is going to happen. $700 Billion? That will sound like pocket change compared to what will pass.

emergency
emergency
emergency

That word is getting drilled into our heads. Our minds were conditioned with the daily "terrorism alert levels." We'll know how to respond. We'll be in unison once again when we're all feeling the attacks of financial crisis.

Sure, the alert levels. Our building is always at "yellow", "blue" is meaningless, "Green" will never happen, we are always in a crisis. We will be in unison all right. Big YAWN, whether or not its a real crisis or not, we've heard that orange thing already and it's usually a tempest in a teapot, and even if you call it "red" unless we are seeing soup lines, not going to be believed.

 

[fabijo]

Sure, the alert levels. Our building is always at "yellow", "blue" is meaningless, "Green" will never happen, we are always in a crisis. We will be in unison all right. Big YAWN, whether or not its a real crisis or not, we've heard that orange thing already and it's usually a tempest in a teapot, and even if you call it "red" unless we are seeing soup lines, not going to be believed.

I hear you. After a while, it was just background noise and we could care less. I remember how, in the beginning, everybody was glued to the news for weeks. We were all waiting for the next attack.

You said it perfectly -- soup lines. Only then will we feel the crisis. Well, maybe not some of us government workers, but definitely the private sector will feel it.

 

[fabijo]

I wonder if this affected AIG in any way.

Wile E. Coyote Sues the Acme Corporation for Defective Products

COYOTE V. ACME
In The United States District Court, Southwestern District, Tempe, Arizona
Case No. B19293, Judge Lance Ito, Presiding
Wile E. Coyote, Plaintiff
-vs.-
Acme Company, Defendant

Opening statement of Mr. Harold Schoff, attorney for Mr. Coyote:

My client, Mr. Wile E. Coyote, a resident of Arizona and
contiguous states, does hereby bring suit for damages against the
Acme Company, manufacturer and retail distributor of assorted
merchandise, incorporated in Delaware and doing business in every
state, district, and territory. Mr. Coyote seeks compensation for
personal injuries, loss of business income, and mental suffering
caused as a direct result of the actions and/or gross negligence of
said company, under Title 15 of the United States Code, Chapter 47,
section 2072, subsection (a), relating to product liability.

Mr. Coyote states that on eighty-five separate occasions he has
purchased of the Acme Company (hereinafter, "Defendant"), through
that company's mail-order department, certain products which did
cause him bodily injury due to defects in manufacture or improper
cautionary labelling. Sales slips made out to Mr. Coyote as proof
of purchase are at present in the possession of the Court, marked
Exhibit A. Such injuries sustained by Mr. Coyote have temporarily
restricted his ability to make a living in his profession of
predator. Mr. Coyote is self-employed and thus not eligible for
Workmen's Compensation.

Mr. Coyote states that on December 13th he received of Defendant
via parcel post one Acme Rocket Sled. The intention of Mr. Coyote
was to use the Rocket Sled to aid him in pursuit of his prey. Upon
receipt of the Rocket Sled Mr. Coyote removed it from its wooden
shipping crate and, sighting his prey in the distance, activated the
ignition. As Mr. Coyote gripped the handlebars, the Rocket Sled
accelerated with such sudden and precipitate force as to stretch Mr.
Coyote's forelimbs to a length of fifty feet. Subsequently, the
rest of Mr. Coyote's body shot forward with a violent jolt, causing
severe strain to his back and neck and placing him unexpectedly
astride the Rocket Sled. Disappearing over the horizon at such
speed as to leave a diminishing jet trail along its path, the Rocket
Sled soon brought Mr. Coyote abreast of his prey. At that moment
the animal he was pursuing veered sharply to the right. Mr. Coyote
vigorously attempted to follow this maneuver but was unable to, due
to a poorly designed steering on the Rocket Sled and a faulty or
nonexistent braking system. Shortly thereafter, the unchecked
progress of the Rocket Sled brought it and Mr. Coyote into
collision with the side of a mesa.

Paragraph One of the Report of Attending Physician (Exhibit B),
prepared by Dr. Ernest Grosscup, M.D., D.O., details the multiple
fractures, contusions, and tissue damage suffered by Mr. Coyote as
a result of this collision. Repair of the injuries required a full
bandage around the head (excluding the ears), a neck brace, and full
or partial casts on all four legs.

...

http://www.getamused.com/jokes/0161064.html

 

[fabijo]

Alright! I only had $8 in cash in my trading account, so I bought one share of AIG for $2.70.

 

[justbizness45]

I thought the same thing last night 'When I realized the DEAL had not gone through'.

The problem is: "Everyone is now essentially convinced that until the DEAL goes through - the economy will continue to TANK."

It's possible that Congress (which I thought would push it immediately through Last Monday) may let this drag on a bit longer. So if they wait another week or two...then today is just the start; you'd be way better off waiting for the gate to open. The horses (Bulls) can't run until the gates open.

The House probably won't get back to voting again until Thursday according to news reports right now. That gives the market 2 more days to tank before they vote again.

 

[JTH]

Alright! I only had $8 in cash in my trading account, so I bought one share of AIG for $2.70.

You got a bargain there buddy. I'm still holding my mere 100 shares, I'm long AIG at these prices.