Our village idiot Paulson is about to stutter out some words on FNM and FRE.
A bailout is coming, and no doubt, as soon as the lies (I mean "terms") are released, then everyone and his dog will mock them, laugh at them, ridicule them, say it won't work, etc.....
I agree with everyone and his dog........the whole thing is sick, repulsive, and deserving of ridicule.
But, the bottom line here is money.......making it through "a trade." So, am going to step up and buy FNM here for a 5,000 share ante.
And the price to enter today's Roman circus to either die or live to fight another day...............8.53.
Our village idiot Paulson is about to stutter out some words on FNM and FRE.
A bailout is coming, and no doubt, as soon as the lies (I mean "terms") are released, then everyone and his dog will mock them, laugh at them, ridicule them, say it won't work, etc.....
I agree with everyone and his dog........the whole thing is sick, repulsive, and deserving of ridicule.
But, the bottom line here is money.......making it through "a trade." So, am going to step up and buy FNM here for a 5,000 share ante.
And the price to enter today's Roman circus to either die or live to fight another day...............8.53.
Paulson's statement "Institutions Must Be Allowed To Fail" is in reality an Implicit admission the Fed is powerless to stop a credit implosion whether the Fed wants to do something about it or not.We have finally reached the point at which the mess is too big to bail.
Paulson's statement "Institutions Must Be Allowed To Fail" is in reality an Implicit admission the Fed is powerless to stop a credit implosion whether the Fed wants to do something about it or not.We have finally reached the point at which the mess is too big to bail.
What's behind HYGS today? Strong volume up on yet another dismal day.
WSC-
Not really, but there is a part of me that is absolutely furious about "bailouts" being given away, and then I, goddamn it, have to pay the freakin' consequences through higher taxes in a world completely gone to hell! Look it, WSC, I can lose thousands pissing it away with gambling on the games, or lose thousands getting my ass skewered in a f--in "day trade." No one bails me out, and if I screw up at my job, guess what? "Fired!"
That's the reality of "free market capitalism" to which our gov't only pays lipservice.
Apologies for getting hot, man, but I am right.
Depeche-
What's behind HYGS today? Strong volume up on yet another dismal day.
WSC-
Not really, but there is a part of me that is absolutely furious about "bailouts" being given away, and then I, goddamn it, have to pay the freakin' consequences through higher taxes in a world completely gone to hell! Look it, WSC, I can lose thousands pissing it away with gambling on the games, or lose thousands getting my ass skewered in a f--in "day trade." No one bails me out, and if I screw up at my job, guess what? "Fired!"
That's the reality of "free market capitalism" to which our gov't only pays lipservice.
7:01AM Hydrogenics to supply electrolyzer and fuel cell for Renewable Hydrogen Research and demonstration center (HYGS) 1.59 : Co announces that it has been selected to provide a hydrogen electrolyzer and fuel cell for the new Renewable Hydrogen Research and Demonstration Centre at the Baglan Energy Park. Air Liquide Advanced Technologies, a division of the Air Liquide Group.
The Centre, which is being developed by the University of Glamorgan is
the first of its kind in Wales, and will explore the potential use of
hydrogen as one of the key fuels of the future and show how hydrogen
can be produced from local sources.
Hydrogen is for rel and Hydrogenics is one of the best hydrogen companies in the world. And the market cap is tiny.
7:01AM Hydrogenics to supply electrolyzer and fuel cell for Renewable Hydrogen Research and demonstration center (HYGS) 1.59 : Co announces that it has been selected to provide a hydrogen electrolyzer and fuel cell for the new Renewable Hydrogen Research and Demonstration Centre at the Baglan Energy Park. Air Liquide Advanced Technologies, a division of the Air Liquide Group.
The Centre, which is being developed by the University of Glamorgan is
the first of its kind in Wales, and will explore the potential use of
hydrogen as one of the key fuels of the future and show how hydrogen
can be produced from local sources.
Hydrogen is for rel and Hydrogenics is one of the best hydrogen companies in the world. And the market cap is tiny.
You can be right and hot, we are ok with it here..I know how you are.
I disagree about Fannie and Freddie. They profited during the housing boom, but they arent responsible for it. They have standards for loans and only accepted certain types, not ALT-A or the high risk ARM loans, so I think they SHOULD be assisted.
We need stability in turbulent times and since FNM and FRE are crucial to the housing market, I dont want them flushed.
CC,
You can be right and hot, we are ok with it here..I know how you are.
I disagree about Fannie and Freddie. They profited during the housing boom, but they arent responsible for it. They have standards for loans and only accepted certain types, not ALT-A or the high risk ARM loans, so I think they SHOULD be assisted.
We need stability in turbulent times and since FNM and FRE are crucial to the housing market, I dont want them flushed.
Yeah, technically, HYGS looks for real. Since it's still below 2, the manipulators could run it hard to 3ish. But where the profits? To me, any hoopla move can't be sustained cause there's no money.
WSC-
Yes, FNM was much different than CFC, for sure. But FNM was still giving out "zero down" loans less than 2 years ago....and they were making money, regardless of their being a gov't backed entity.
But what I want is a total world flush.......cause that's the only way we'll survive. Literally, blood in the streets. Let's say we prolong the agony for another decade or so, then the next crisis will be much worse. You follow history at all, man? Look at historical cycles..............all "empires" eventually met their doom in a flush down........way it goes, but aren't we "allegedly" a capitalistic economy? I am all about freedom of choice, and with that come consequences. It's harsh at times, but tell me a better system.
Depeche-
Yeah, technically, HYGS looks for real. Since it's still below 2, the manipulators could run it hard to 3ish. But where the profits? To me, any hoopla move can't be sustained cause there's no money.
WSC-
Yes, FNM was much different than CFC, for sure. But FNM was still giving out "zero down" loans less than 2 years ago....and they were making money, regardless of their being a gov't backed entity.
But what I want is a total world flush.......cause that's the only way we'll survive. Literally, blood in the streets. Let's say we prolong the agony for another decade or so, then the next crisis will be much worse. You follow history at all, man? Look at historical cycles..............all "empires" eventually met their doom in a flush down........way it goes, but aren't we "allegedly" a capitalistic economy? I am all about freedom of choice, and with that come consequences. It's harsh at times, but tell me a better system.
as should every other GSE out there..amtrak to name one
Fannie was a moral hazard from the get go...everyone lauded their work but it was no different than packaging option arms in the sub prime market...yet this time, there was a buyer of last resort and the loans werent resold as AAA rated turds
anyone know how much M3 is out there?
ideally fannie and freddie should fail
as should every other GSE out there..amtrak to name one
Fannie was a moral hazard from the get go...everyone lauded their work but it was no different than packaging option arms in the sub prime market...yet this time, there was a buyer of last resort and the loans werent resold as AAA rated turds
Greenspam knows how much MIII is out there, unfortunately he doesnt want everyone else to know.
I love it when people blame Bernanke for these problems, that could be no further from the truth. Good ole Alan is the one who should be put in jail, all in the name of politics.
If the FED hadnt puffed money supply, the recession would have hit 4 plus years ago and Bush would not have won the second election..that is the truth.
Koaj,
Greenspam knows how much MIII is out there, unfortunately he doesnt want everyone else to know.
I love it when people blame Bernanke for these problems, that could be no further from the truth. Good ole Alan is the one who should be put in jail, all in the name of politics.
If the FED hadnt puffed money supply, the recession would have hit 4 plus years ago and Bush would not have won the second election..that is the truth.
We would be better off, and we should adopt the "inflation hawk" stance like Europe has.
The only goal of the FED is to "maintain a sound currency," and not police the markets cause old man Greenspan thinks the price of GE is too high, or bail out speculators who got crushed. Let markets do what they do.......the good, the bad, the ugly.
Our currency, the almighty US dollar, is about as sound as the peso was 25ish years ago. Sad AND true.
We would be better off, and we should adopt the "inflation hawk" stance like Europe has.
The only goal of the FED is to "maintain a sound currency," and not police the markets cause old man Greenspan thinks the price of GE is too high, or bail out speculators who got crushed. Let markets do what they do.......the good, the bad, the ugly.
Our currency, the almighty US dollar, is about as sound as the peso was 25ish years ago. Sad AND true.
Rate cuts after 9-11 should have stopped in 2003 for sure, but that isnt the issue with M3, we both know that.
Bush needed M3 to be invisible and the real money supply to be inflated in order to finance Iraq and to keep the economy moving.
Selling short our money supply inflated exports and kept our stock market from being where it should have and it saved Bush in the second election. Historically, and I have been saying this since I started as a member here, the economic cycle should have shown slowing in 2002-2003, but making our goods artificially low extended the cycle by 3-4 years and ensured Bush won.
If the economy was tanking and the war was a mess, Bush would NEVER have won..no way.
Koaj,
Rate cuts after 9-11 should have stopped in 2003 for sure, but that isnt the issue with M3, we both know that.
Bush needed M3 to be invisible and the real money supply to be inflated in order to finance Iraq and to keep the economy moving.
Selling short our money supply inflated exports and kept our stock market from being where it should have and it saved Bush in the second election. Historically, and I have been saying this since I started as a member here, the economic cycle should have shown slowing in 2002-2003, but making our goods artificially low extended the cycle by 3-4 years and ensured Bush won.
If the economy was tanking and the war was a mess, Bush would NEVER have won..no way.
thanks for privatizing this and creating medicare and medicaid
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