Lets hope its the boy who cried "wolf" then Scot. So hard to be positive about anything atm. Gotta admit tho, the PPT are doing a great job holding the Matrix by the skin of its teeth and all with smoke and mirrors atm ... but can these socialists keep doing so or will Mother Nature finally take over? Bottomline is they will have to eventually print more paper big time. Meanwhile tho they are conning the world into sending their cash back into US Inc by more smoke and mirrors, tho guess its a concerted effort of honour amongst thieves. USDX straightthru the line Lionhunter ... trying to hold down rates for as long as poss by strengthening their monopoly money hey? The Chinese hold the key now. Thats why Fannie and Freddie will remain intact even if worthless to shareholders. And thats why Lehmans will prob be swallowed by its main CDS counterparty ala Bear Sterns but once again, worthless to shareholders. The Fed has actually started at the top and working down. Doubt they will be so interfering with the 100 or so lessor banks on the list. Otherwise may as well nationalise the whole financial system and start printing pesos. Next 12 months is gonna be VERY educational and hopefully not too painful. IMBOOC
CMR Price at posting:
60.5¢ Sentiment: LT Buy Disclosure: Held