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Rumsfeld Agrees To More Boots On Ground


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#16 DrStool

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Posted 05 September 2003 - 08:48 AM

Fannie Grabbed

But No Manipulation

Nooooo.... :mellow:

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#17 machinehead

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Posted 05 September 2003 - 08:55 AM

Job losses totaled 225,000 during June, July and August.

Now you know why Bush is talking about a 'jobs czar' and Benny is muttering about jobless growth which may require more easing.

Time for a rethink on T-bone yields?
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#18 DrStool

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Posted 05 September 2003 - 08:57 AM

Is a self employed person who is losing money counted as employed? :lol: :lol: :lol:

Support the Stool! Give the self-employed a hand up, not a hand out. :lol: :lol: :lol:

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#19

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Posted 05 September 2003 - 08:58 AM

That may be Machinehead but, there are at least 350-400,000 people who are self-employed! They have all started employment agencies to find themselves jobs.

#20 lb

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Posted 05 September 2003 - 08:58 AM

1. Benny Bernanke and McTeer talking deflation and more easing yesterday.

Hope they drop it a point or two. Then we won’t have to work anymore. We can just borrow and live of the interest.

#21 The Mad Hungarian

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Posted 05 September 2003 - 09:02 AM

Another Wall Street "expert" to file in the "Where Do They Find These Guys" category:

From today's Wall Street Journal:

Tony Creszenci (Miller Tabak bond market "guru"):
"The other strong August economic figures allow investors to turn their backs on any weakness (LOL) in today's data. The stock market can't lose and the bond market can't win on any bad data. It won't change minds."

Whistling past the graveyard, just like September 1987!

#22 machinehead

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Posted 05 September 2003 - 09:06 AM

From today's Wall Street Journal:

Tony Creszenci (Miller Tabak bond market "guru"):
"The stock market can't lose and the bond market can't win on any bad data. It won't change minds."

TMH - what page was that on? (e.g., A1, C1, etc.)?

The more prominently it was featured, the more value it has as a contrary indicator.

All we need now is a Time magazine cover with a similar theme.
"GOLD -- it's not just for misers anymore."

"Dollahs -- fire-starters for the K-wave winter." - Drano

"Three humps and a dump." - anotherone, 21 SEP 2004

"No gold was harmed in the making of this movie." - Bizarro Greenspan

[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals."
- our jickiss

#23 Bird D Durr

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Posted 05 September 2003 - 09:06 AM

Futures are down.......................

First time in recent memory....................

Yet..............will UNtel, SCAMazon, QQQ and AMAT (i.e. THE ECONOMY).......................END UP.........................

"I never doubt the powers of manipulation, nothing surprises me"........- The BirdMan....................

That phrase alone is worth the $74 a year...........................

#24 MyGoldenStool

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Posted 05 September 2003 - 09:09 AM

I'll betcha EBAY will have some pricing power. Just think of all those people selling all the useless crap they accumulated over the last couple years that they didn't need. Maybe all those unemployed people will become Ebay "power sellers"!

Perhaps those are the self-employed people Crapload is talking about?

#25 The Mad Hungarian

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Posted 05 September 2003 - 09:10 AM

MH,
Crescenzi was quoted on page C1, in the "Ahead of the Tape" column.
I'd count it as a good indicator of complacency.

#26 wndysrf

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Posted 05 September 2003 - 09:11 AM

Tony Crescenzi is nothing but Mobster.

Miller, Tabak is nothing but a Bucket Shop designed to take the most amount of money from their clients in the least amount of time.

Can't believe someone can listen to this guy's comments with a straight face.

Following Crescenzi's advice is the same as walking into Soprano Buzzsaw.
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#27 crooked_analyst

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Posted 05 September 2003 - 09:12 AM

News items:

1. Benny Bernanke and McTeer talking deflation and more easing yesterday.
2. 93,000 job loss reported today.
3. Unemployment rate falls from 6.2% to 6.1%.
4. Jack Belushian on CBNC calls it a "buying opportunity."

Forensic analysis:

1. The Fed was tipped to the report and sent out Benny for "advance damage control."
2. The 6.1% rate was fiddled to conceal the miserable job performance.
3. Belushian is bullhorning for the Matrix.

Dead on.

#28 wndysrf

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Posted 05 September 2003 - 09:12 AM

Oops.....

A little accident......

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#29 flufflander

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Posted 05 September 2003 - 09:12 AM

Better check MY Ebay page to see if any reserve prices hit yet :wink2:

#30 soup

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Posted 05 September 2003 - 09:15 AM

Doc: SPot on the M situation, ignore machine he has a preconcieved plan and he insists to himself that he has to be correct.
""Pretty bubbleheads preen daily on our financial networks, playing the shill to Wall Street and Washington in order to lure unsuspecting Americans into buying insanely overvalued stocks. The great market exchanges, once prudent arenas of investment where the engine of capitalism traded value for value, have become sham casinos staggering under decades of massive Fed created debt and lurching into oblivion on the greater fool theory. Yet our high level bureaucrats, led by Alan Greenspan, exhort all Americans to consume still more of their seed corn and seek still more fools." N. Hultberg





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