Posted on 10/07/2008 10:14:18 PM PDT by Arkinsaw
With all $100 Bills (Benjamins), A $10,000 stack isn't much thicker than a slice of bread...trust me I know...
There is some concern that Paulson (or his people) will buy bad foreign paper, transferred to subsidiaries located in the US. I have been trying to understand if the US government, in any sense, “guaranteed” the bad paper. If so, Paulson will feel obligated to use taxpayers’ money to bail out investors who bought the bad paper. What “guarantee,” if any, did our government offer to these “toxic” investments?
I apologize for being off topic. I have been reading FreeRepublic for some time, but I haven’t found a help page to tell me how the pingings and stuff works. I would like to know if there is such a page, or if not, how I can ping, and add a tagline (epiphet thingy) to my name. Thanks guys. Have a good one.
For Pings, people tend to have lists, saved either in their profile page, or possibly on their computers, ready for cutting and pasting into the “To” field. Most have some HTML that they paste into the post with their ping list, as well.
Adding a tagline is easier than you think, but it is not obvious. It has nothing to do with any profile setting. Instead, when you post a message to anyone, a line beneath the “Your Reply” area, called “Tagline,” is actually where you set your funny comment. The system appears to remember it for each post until you change it.
I hope this helps.
Indeed. I agree.
You want me to believe people with money are freaking for no reason? You've been drinking the kool aid... (Hint: it's not the subprime mortgage costs - it's the derivative add ons...)
You're right. The derivative people have "made" more money than exists. The fed can cut the rate to 0 - congress can bail out til there's nothing - and the derivative bets still won't be paid off...
Stop making sense! There are still people here that think this was brought on by the media and the election year. Some even think everything will be fine in a year. I don’t want them to awaken them from their sleep where there are visions of sugarplums dancing in their heads.
BINGO!
sw
Learn what ted spreads are:
http://www.econbrowser.com/archives/2008/09/understanding_t.html
http://en.wikipedia.org/wiki/TED_spread
Now, check the ted spreads for the past month, see how throwing trillions of dollars to the banks has not lowered them (gotten them to lend money) and tell us there is nothing wrong, no panic needed, move along.
The Fed Reserve used to just have Treasury securities in its portfolio to back up the USD.
In the last year it’s swapped for billions in crap from banks & Wall St firms and given the banks TBills to put in their reserves. Martin Weiss said the figure was 30% of this crappy “stuff” on the Fed books now
Derivative traders HAVE MADE MORE MONEY THAN EXISTS - Bailouts & rate cuts to ZERO won’t work.
At some point, the derivative "winners" are going to have to accept that they didn't actually win anything - their lotto numbers came up, but there is no money to pay out the jackpot.
I have some links you may find interesting.
http://video.google.com/videoplay?docid=-9050474362583451279
http://financialsense.com/fsu/editorials/amerman/2008/0917.html
The first one is a video, and you only need to watch the first half of it. It shows how money is created. The other links are articles, but explain waht is happening pretty clearly.
Hey, thanks so much, one last thing. If I wanted to ping someone, can I just put their name in the “To:”? Hope the markets will be looking up. There...somewhat on topic.
If that happens we might get out of this - but I suspect people with that much money on the table aren't going to give up easily. This "mark" crap is a delaying tactic for the big boys... and if that doesn't work, there will be others... They're going to do what it takes to get their moeny out of this mess ...
I merely posted an excerpt from an article. Those comments are not my own, but from the author of the article linked below my post.
I should have made it clearer that those comments were excerpted from the article.
LOL! I said that yesterday to someone. My hubby and I almost fell out of our chairs when he said to buy Wachovia!
Thank you for posting that. I have sent it to my daughter who is homeschooling my teenage grandchildren. That is awesome:)
Yes, that is all you need to do. You can reply to someone’s post and erase their name and put the one in you want, or, you can have multiple names with a semicolon between them.
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