Zeev's Turnips Patch-No Politics (ZEEV)

[zab]

Another long night of wondering who has the REAL money, all of this money being created out of thin air, I mean it sounds like a massive off-shore account. I have also heard of of figures of upwards of a trillion dollars, now seriously folks how much bad debt is out there, and how the hell did so much of it get there. I understand we are living in crazy times, but how do you create a Trillion dollars overnight and not have severe consequences down the road.

I know my mind is limited in figuring this stuff out anymore, and I am content to sit on the sidelines if I have to for the next few days. This is not trading, or investing, its the wild west, and I admit you never fight the Federal Reserve, but this is crazy. As I understand it we are going to take all of the bad debt and place it a new company, and what it just sits there until people figure out whats in it. I thought we just did that FRE/FNM, and then again with Bear Stearns, and now AIG, and now just one more time, but this time its not 35 Billion, its not 200 Billion, or 85 Billion, we are now talking one Trillion, seriously.

Hey 100 Billion here, 200 Billion there, and One Trillion over there, is this money real, cause the numbers sound absurd to me.

zab