Direxion Daily Financial Bear 3X Shares (FAZ)

[greyghost]

nobama...i like that. yep, obama is a no show on the leadership front. he was off blathering somewhere about green shoots or green wind mills when the senate took up the vote about bk judges having the power to rewrite mortgages so people could stay in their homes. bankers one/obama zero. in this debt based economy, the bankers are turning into their own worst enemy, every debt cancelled is magnified x10 by the side bets the bankers have placed on the debt instrument in question. deflation...deflation...the only thing showing any inflation is the federal debt. anyone buying those "buy one get one free" items that are springing up everwhere? yipers, a 50% haircut on the price of the item, are the manufacturers trying to tell us their cost of supplies have dropped say 60%?
meanwhile back at the federal reserve, they got cat scratch fever for inflation...INFLATION....INFLATION....ben huffs and puffs and yet the bubble keeps deflating. 800 billion bailouts is supposed to be inflationary, yet that money is taken right back out of circulation when the bankers bought the treasury bonds....and now they are selling those to raise monies to pay back the loans.....what happens to yields when those hit the market?????