Replies to post #23782 on Fiends In Stocks

[stratocasterca]

i had the same thought driving in to work today. energy re-tooling seems to be on the back burner again.

i wish i had the capability of compressed natural gas for my pickup, i hear the conversions aren't so expensive...

the first few bailouts were shown as loans at 11% interest, which since that is a punitive level, it will discourage other companies from going there.

but if they default on THOSE bridge loans, a trillion will seem like a bargain. The fanny and freddy thieves, several of which are in obama's campaign staff, should have to give back some of the tens of millions they each looted from Freddie.

[starboy]

Exactly. The nation and many of its citizens are already loaded with debt. National debt, budget and trade deficits, and credit card and mortgage debt. This new bailout just exponentially compounds it.

Once the giddiness of getting bailed out on Wall Street begins to subside, the actual long term costs get painted with clarity, and short selling is reinstated, all eyes will see the weight to be born going forward.

While gold and silver may move upwards, I think the climb will be incremental, because habits die hard, and the profligate spending of the American consumer and pushy habits of Wall Street will not abate except of necessity.

Which is what almost happened in a catastrophic manner this last month of so.

Politicians love to spend tax money, and citizens sometimes buy materials goods to offset their insecurities, for a feel good boost.

Wonder if Cox will go? Wonder if the uptick rule will return?
Wonder if naked shorting will be addressed in ALL markets?
Wonder how the global community will react to the massive debts about to be incurred by the USA?