1 posted on
06/22/2010 2:51:51 AM PDT by
Scanian
To: Scanian
FNC had a segment yesterday about the
Congressional Effect Mutual Fund.
The Congressional Effect Fund seeks to capture the historically
higher returns on Congressional out of session days by primarily
having exposure to price moves of the broad market as measured
by the S & P 500 index on vacation days.
At the very least, the fund manager has stimulated interesting discussion.
2 posted on
06/22/2010 3:00:41 AM PDT by
NautiNurse
(ObamaCare uses Bernie Madoff theory of economics)
To: Scanian
Washington is currently considering all sorts of reform to the financial system, including prohibiting certain kinds of trading and investments.
Train wreck ahead.
3 posted on
06/22/2010 3:03:31 AM PDT by
Vaduz
To: Scanian; blam; TigerLikesRooster
Not just DC.
The states and municipalities have hundreds of millions, maybe hundreds of billions of dollars of their pension funds, rainy day funds, etc. invested in the market.
They cannot watch their money disappear. People would hang from the trees if that happened.
So it is sounding more and more to me like we will not see the system change.
We will see the “money” change.
4 posted on
06/22/2010 3:11:34 AM PDT by
djf
To: Scanian
On a related topic-Commodities markets:
Rush “what if’d” the concept of the RATs gaming the price of oil to affect election outcomes noting the “coincidental” PPB hikes before the last two elections.
5 posted on
06/22/2010 4:11:43 AM PDT by
ROCKLOBSTER
(Who allowed the worst oil pollution disaster in American history and did nothing?)
To: Scanian
We are in the deepest depression... what is coming will make the great depression look like a boom time. This market will crash... so will our nation... and obama will party like it is 1999.
LLS
6 posted on
06/22/2010 4:30:34 AM PDT by
LibLieSlayer
( WOLVERINES!)
To: Scanian
Will someone from the PPT please pickup the green curtosy phone?
8 posted on
06/22/2010 6:09:32 AM PDT by
central_va
(I won't be reconstructed, and I do not give a damn.)
To: Scanian
9 posted on
06/22/2010 6:21:16 AM PDT by
OB1kNOb
(Celebrities first seek fame...then they seek relevance, only to fail miserably at the latter.)
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