too impatient to wait out a market low
Grow the Economy, Stupid
Ping!
The politicians are looting everything they can get their hands on.
That doesn’t strike me as a greater percentage that the loss of value for the DOW.
I can’t imagine how that happened. They got the President he wanted, yet his pension fund dropped more than stocks have ever dropped in history.
The pensions of state government workers have dropped like a stone along with the rest of the market and have little prospects for significant growth in this era.
Haven’t heard too much about this yet, but I imagine we will.
An member of President-elect Barack Obama’s conversion team, speaking on condition of anonymity, reports Kramer is being considered for Secretary of the Treasury.
And he hedged his bets how? They've destroyed the meaning of that term. He should be called what he is: a leveraged fund crapshooter.
Why would anyone think that leftist Democrats could run a pension or hedge fund? What skill set do these people have? They buy into the mutual fund industry nonsense that the markets go up 8% on average over a 200 year horizon, watch the funds go up during the Reagan expansion and then think themselves geniuses. Huge paychecks follow. When markets adjust, they get wiped out like everyone else who believed the nonsense.
This is madness. The Baby Boom is demonstrating once again that irresponsible selfishness is not a path to success.
So, the #2 & 3 Obama money bundlers are in companies that lost bbbbillions of $$.
What a coincidence!!
9 billion in October alone.....
Am I the only one that sees so possible connection here?
and where did the rest of the money go.....
Well Well Well, lookie here BatMan.
Now we know where ll the Hussein campaign money came from. It was laundered through pension fund lossses.
The solution is civil war
Now we know where ll the Hussein campaign money came from. It was laundered through pension fund lossses.
The solution is civil war
to add $94 million in pension funds to their $450 million stake in the BlackRock Inc. Kramer said the hedge fund needed to protect cash reserves to avud selling part o their holdings.
hhhuuuummmmmmm BlackRock again
Yup!
You know what I find interesting? Since the crash, the individuals coming out with stories like this seem to be those who were most interested in getting Obama elected. I think they are doing so to deflect any investigation into their own dealings. One of the first stories I read was a Bloomberg article on Lehman and how John Kerry and Nancy Pelosi lost money. I want to see a 9/11-type commission formed to study the collapse.
Plan Begins to Emerge to Rescue Citigroup
NY Times | 11/23/08 | Eric Dash & Gretchen Morgenson
Posted on 11/23/2008 2:19:31 PM PST by jimbo123
http://www.freerepublic.com/focus/f-news/2137107/posts
Citigroup, U.S. in Talks to Create ‘Bad Bank’
Wall Street Journal | 11/23/08 | David Enrich & Carrick Mollenkamp
Posted on 11/23/2008 2:22:42 PM PST by jimbo123
http://www.freerepublic.com/focus/f-news/2137110/posts
Citigroup, Under Siege, Holds Talks With U.S.
The New York Times | 2008-11-22 | Andrew Ross Sorkin & Louise Story
Posted on 11/21/2008 6:39:32 PM PST by rabscuttle385
http://www.freerepublic.com/focus/f-news/2136316/posts
-related sidebars-
Schumer: stimulus package $500-700 billion
[”It’s a little like having a new New Deal......]
The Politico
Posted on 11/23/2008 9:09:53 AM PST by Sub-Driver
http://www.freerepublic.com/focus/f-news/2137000/posts
Rationing Health Care: Price Controls Are Hazardous to Our Health
The Independent Institute | February 1, 1994 | Simon Rottenberg, David J. Theroux
Posted on 11/22/2008 10:58:13 AM PST by dbz77
http://www.freerepublic.com/focus/f-chat/2136586/posts
-deeper yet-
Dig It: These People Are Burying Their Cash
Yahoo Finance | Thursday, November 20, 2008 | Anne Kadet
Posted on 11/23/2008 6:03:55 AM PST by BenLurkin
http://www.freerepublic.com/focus/f-chat/2136925/posts