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ron paul was 100% right and we are sheeple for not listening.
dollar becoming even more worthless.
ron paul was 100% right and we are sheeple for not listening.
i thought about buying one but i decided to fix the deck instead
dammit this is not the sandwich i ordered
how is lenovo a chinese name it sounds italian
they're all due by friday but i think i'll have to cut and paste
if she's feeling better sure let's plan it do you like schnitzel?
we had a very nice discussion this morning he was here for three days
Wtf???
What, you're not a fan of the context-free, stream-of-consciousness posting technique?
I thought you'd had too many beers and found yourself responding to an instant message conversation in Spurstalk.
By the way, love schnitzel.
I like it best when my mocking another poster becomes surrealist performance art. I may frame a printout of this thread.
The NEA will fund it.
That would be awesome. Do you think I'll get more funding if I attach some kind of Christian symbol to the printout and pee on it?
I think feces would bring you more. And, don't forget to insult Bu ler and Darth Cheney, in the process.
you two have no feelings. i had to cancel our trip to euro disney.
Get yourself some NEA funding and you can afford to go again.
you don't think that will conflict with my welfare application?
I think you can buy Euro Disney tickets on your Lone Star Card.
lone star card? don't know what that is, but it sounds sweet. do i have to speak spanish to get one?
p.s. I wouldn't need any of this if they would let me use my riskiest investments for collateral.
http://finance.yahoo.com/banking-bud...ancial-Markets
The program will lend up to $200 billion of Treasurys to primary dealers, a group of 20 big investment firms, for a 28-day term. The firms can put up as collateral mortgage-backed securities issued by Fannie Mae and Freddie Mac, which generally are seen as safe because of an implicit government guarantee.
But in an unusual move, AAA-rated mortgage securities issued by banks will also be accepted. Many investors have shied away from these mortgage-backed securities because they fear defaults in the underlying assets will erode the value.
The effort, which is being done in conjunction with other central banks in Canada and Europe, is designed to promote trading in these markets that have frozen up, experts said. The measure allows banks to temporarily get these illiquid securities off their books.
So basically, the lenders are getting to swap their risky mortgages for "good as gold" Treasury debt for a month, which is supposed to get them out of their s s and loosen up on their lending. Then, when those mortgage securites return to their portfolios, they will be in better shape than they were in before. I guess we'll see in a month, but the Fed always likes to buy time in situations like this, and this will do that. They won't have to make that 75-100 basis point cut that everyone was predicting. As long as the Fed and the other CBs get the world through this U.S. sub-prime crisis without dipping the federal funds rate below 1% then they will be regarded as brilliant heroes, just as they were 5 or so years ago. That won't change the long term problems with the dollar and the U.S.'s long term fiscal situation - it will just make them worse - but that doesn't matter as long as a major disaster doesn't happen during the current politicians and bankers' watch.
And you've got to really love this statement: The firms can put up as collateral mortgage-backed securities issued by Fannie Mae and Freddie Mac, which generally are seen as safe because of an implicit government guarantee.
I guess this current crop isn't seen as all that safe or they wouldn't want to get them off the books in the first place. That means that you can expect to see this move again in the coming months, along with other new tricks that the Fed as drawn up in its playbook.
Well yeah, it's an implicit guarantee to bail them out, like they're doing now. Makes sense to me.
The big boys will take of the other big boys, because they both, Masters of the Universe, are guilty of getting into this completely unnecessary fiasco, unnecessary as the Iraq war.
With the job market cratering/shrinking, the job market, which has so far allowed most people to keep up with their mortgages, will cause another wave of foreclosures.
Meanwhile, let's bomb the out of Iran (with the $Bs that should be spent on Iraq/Afghan war casualties). That will really help the world along.
i guess if i own all of you, then i can use my risky investments for collateral.
maybe that Gallaher sale wasn't so bad after all.
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