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|User Info||Idiocracy, Part Deux (For Today); entered at 2009-02-02 13:08:53|
Registered: 2008-07-22 Minneapolis , MN
since I do not believe anyone in washington has much of a clue, I would recommend looking at the problem this way:|
market = the price a seller is willing and able to accept from a willing ***and able*** buyer. The sellers are getting more and more willing and the buyers are not very able anymore. any attempt to hide the number they agree to is extremely suspect. any tinkering to change that number is immediately seen by the disadvantaged party as a tax. right now, the savers and investors who are going to eventually save the US financial system are being ass raped by the fed, the congress, and wall street. And they are doing exactly what they should be doing: picking up the ball and going home. that leaves a lot of predators staring at each other. stay tuned for a despicable episode that will determine our financial future.
side note: extrapolating the able buyers and sellers idea to the banks (who are both buyers and sellers in the same system) gets very interesting when you think about the different enablers they have been relying on.
last side note--I believe the recession will bottom 48 hours after the "C" and "AIG" ticker symbols are available again on the NYSE.