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Don't watch if you have any heavy objects in your hand....

 

Geithner burns billions of taxpayer TARP dough in CIT deal...

 

There's undoubtedly more ahead.....

 

 

http://finance.yahoo.com/tech-ticker/artic...lf,skf,gs,c,bac

 

 

I am seriously getting sick of this sh*t! I am just at a loss about what to do about it. My preference would be a sniper rifle and some rubber bullets but seriously this is UFB!

 

Forrest Gump could figure what the right thing to do is but the smartest guys in the room can't pull their heads out of each other's asses!

 

This has to stop!!!!!!!!!!

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Something Fishy and the Kiss of Death- Professional Edition

by Lee Adler, Tuesday, November 3, 2009, in Professional Edition, Today's Markets | Permalink |Comments (0) Edit Cycle based stock screening data was nominally stronger on Tuesday. This setup favors a positive response to the FOMC announcement. If the response is negative or only weakly positive, that does not bode well for a strong 4 week cycle up phase and it could be the kiss of death for the intermediate term. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

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CIT - $2.3 billion not lost just transferred

 

Yep from the poor taxpayers to the rich hedge funds/banks owning the CIT bonds

 

A straight transfer of wealth

 

No wealth was lost - just transferred.

 

Yep this is the age of the big transference.

 

Front run the bail out money to get yours

 

Its the bonds that benefit - the stock holders get thrown to the dogs

 

Buy the bonds on the first hint of the bail out rumor was and still is the winning strategy.

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THEY ARE SCARED THEY ARE SCARED

 

Treasury's confab of bloggers

 

 

Yep - co-option and control of the uncontrolled blogsphere is now the order of the day.

 

The fact that no one from capitalstool - was invited - is a badge of honor for this site.

 

They are scared of the power of the blogsphere to electorally upset the apple cart.

 

The hostile bloggers - or truth tellers as they are called here on this site - must be silenced!!!!

 

Expect offers of goldmember internships to be offered to some non harvard types sitting in dingy basements hunched over PC's furuiously typing away.

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GOLDMEMBER AND CHINA - THE VAMPIRE TAG TEAM _ AND WHY ANY RECOVERY WILL BE JOBLESS

 

Lets not forget that the fixed rnb/us dollar policy means that chinese manufacturing will continue to feed vampire like on US manufacturers - leading to a jobless recovery.

 

This will be inflationary for chinese assets.

 

All those us dollars have to go somewhere.

 

The chinese are exchanging some of those dollars for gold and non us assets.

 

Thats whats causing the dollar to fall and is not good for US interest rates or trasheries.

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