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  • Bear Stearns’ Bailout by the Fed, JPM: A Century Old Conspiracy
    I have heard a few things, but am not sure how to put it all together. Bear Sterns book value, their buildings etc is worth $80 a share. The way the deal was done, on a weekend was suspicious.

    Bloomberg says that gdp is 60% domestic. Has that recently changed?

    I read once that we pay the federal reserve retirees a lush retirement. If that is true, then they are part of the government?

    Credit tightening is sure to make things worse, so that is being done for a reason.

    Most of the media's purpose seems to be in making the Bush crowd look good and the Democrats look bad.

    Could it be that many of our leaders, who think they are so smart, have been had by a ponzi scheme? The same ponzi scheme we have been sold?

    Correct me if I am wrong, but the national debt is only 2% of the gdp. Social Security debt, owed by the government, is only a little over 1% of the gdp. Not extending the tax cuts could straighten out a lot of the financial mess.

    Some are predicting the gdp will be 485 trillion in 40 years. Why doesn't the government tax the war profits to pay for the war?

    This country is like Bear Stearns. Many workers didn't earn very much, while others made many millions.

    A sign of greed is when a company pays it's workers enough to get by, but never enough to get ahead.

    Mar 31 07:45 am |Rating: 0 0 |Link to Comment |View article
  • Bear Stearns’ Bailout by the Fed, JPM: A Century Old Conspiracy
    I should have said the funds are filled with banks and other institutions that are infected with subprime loans.

    For the first time since I started investing, I don't know of a safe place to invest. Bonds are not safe. The subprime fiasco was also exported overseas. EtFs may be safer, but not if they mimic the funds exactly.
    Mar 28 14:30 pm |Rating: 0 0 |Link to Comment |View article
  • Bear Stearns’ Bailout by the Fed, JPM: A Century Old Conspiracy
    All I know is there has been a massive transfer of money from the middle class to the wealthy and we don't have anything to show for it except mutual funds that are going down and they are infected with those subprime loans.
    Mar 28 14:26 pm |Rating: 0 0 |Link to Comment |View article
  • Bear Stearns Given Away, Not Sold
    That was odd. I would have given them $3 a share myself, if I had it!

    I thought we just bailed out JP. Where did they get the money?

    OK, where are the grownups? Where are the auditors?

    I joke, but this is deadly serious. Imagine owning it at $169 a share, then it falling to $2. Kinda like my 401k....
    Mar 17 12:31 pm |Rating: 0 0 |Link to Comment |View article

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