Turbo Tax Timmy just finished his tax return, and wanted input from the other gentlemen.
Seriously, it’s time to let the markets work, even if it means a short term spike in oil prices. I don’t care if the Saudi stock market falls by 80%.
It would be very helpful for the Obama Administration to announce immediate action in a plan to boost domestic energy supply.
I know, I’m singing “The Impossible Dream”.
Banana Ben’s not going to stop intervening unless he is forced to because once he does the SHTF he may now be forced to anyway. I like the way ZH sums it up..
” And this is just the beginning. If there are any further rumors (or confirmed sighting) of protests in Jeddah and elsewhere, regional markets will go bidless, oil will go offerless, GETCO and other NYSE SLPs will go bankrupt in their attempt to keep the stock market alive, and Bernanke will just go, once the entire world realizes that Genocide Ben, which is what ZH has been calling him for quite a while now, is really much more appropriate an appellation for the man who gives a bad name to helicopters.”
http://www.zerohedge.com/article/saudi-stock-exchange-plummets-6