[Opinionated Blowhard]

I think even Wall Street is realizing that the game is finally over. There is no more money to prop up lazy people who want a handout for doing nothing merely because they exist. One more bailout isn’t going to help. That’s like giving a heroin addict a couple hundred bucks for one more drug binge. The addict has to be forced to stop by any means. The Euro Summit is just a bunch of junkies looking for a way to keep the high going a little longer. It does not address any of the structural issues that got them where they are.

[GonzoGOP]

I think even Wall Street is realizing that the game is finally over

The game won't be over until we test the lows from October 3. That is still more than a thousand points away. People forget how much the market has climbed in the last two months. It is going to take several days of sustained selling before a real capitulation takes place in the market.

[Varsity Flight]

****One more bailout isn’t going to help. ****

Contraction, people will keep cutting back. The market tracks oil....”One more round, we keep shutting down.” .

The false market is propped by government pension-retirement money, funneled right through the fund managers.

They’re going to keep forcing it through, at the cost of unemployment rising and sustained prices. If prices rise, they’ll kick in salary hikes, declaring inflation.

This plan is all to prepare for PhonyCare, when they intend to fine the living hades right out of everyone else. If PhonyCare is delcared unconstitutional (which it is), watch U.S. Treasury yields rocket in panic.