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205,
aka,
bailout,
bill,
election,
for,
list,
next,
of,
people,
the,
voted,
who,
will,
win
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In addition to this, Weller didnt vote, and im keeping him in there because unless he is sick (Someone tell me) hes just weak for not voting.
Update 1. This post has been nicknamed the “To kill list” By dealbreaker (thanks for the link)
228,
against,
aka,
bailout,
bill,
election,
list,
lose,
next,
of,
people,
the,
voted,
who,
will
The Fed has been been throwing band aid’s on the financial sector for months, ever since the two day period where I rode Lehman (LEH) for 60+% but alas, what is going to happen to the financials is going to happen to the financials.
It is my humble opinion that the goverment needs to, and probably will eventually, let a major bank or two fail and take over Fannie and Freddie’s assets, because it is also my opinion that the debt, once cleared up, will allow new origination of loans followed by a rise in the economy that eventually will make the United States Government money.
This, however, is not the reason I am short Fannie May , FNM , the reason I am short is that in the next week or two I expect a Bear Sterns (bsc) esque panic. I also expect a quick drop after 5$ as there will no longer be joe shmoe internet trader in it as a short, and I expect margin call’s on Fannie longs to start hitting and causing the stock to get roughed up to the point where the stock is down to two and at that point the goverment will come in and buy it up, and heres the kicker, if Russia wants their debt in the companies paid for, they will have to pull out of Georgia.
After all, the fed can always print money.
When
addition,
and,
banking,
collapse,
Fannie,
FNM,
FRE,
Freddie,
HAPPEN,
in,
institutions,
it,
LET,
Major,
MR,
PRESIDENT,
QUIT,
STOP,
To,
TRYING,
Two,
will
Michael Phelps is a beast, hes absolutely the top out there, and he crushes all competition. So what does that make him America.
America, F— Yeah.
Yeah, you’d think that when the frech are all like, hey, you guys suck, well blow you away with our overpriced euros, bam, America gives you a nice housing recession in the face.
All im saying is, we are so going to kick europe in the face with a recovering economy, its the only 100% change i can see coming in currency over the next year, as we are definately going to recover first.
P.S. go for 8 Phelps, go for 8
Circuit City (CC) will rebound tremendously tommrow, and it is my personal belief that there will probably be a major offer from another company before market open tommrow, as Blockbuster (BBI) would have pulled out long before this event, and as such I am immediately reccomending a buy, and I myself am going to attempt to secure a large amount of funding to invest into Circuit City.
On that subject, if anyone is interested in starting a chain store that operates almost exactly like the citi concept (which i would stand a chance of achieving) Let me know.
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