68 replies to this topic

[PyurAureo]

Here's a place to Start ...

[byhiselo]

Here's a place to Start ...

delete my M2M topic please, i'll get you next time...

[byhiselo]

delete my M2M topic please, i'll get you next time...

wait, i posted before you...unfair...stop this flash posting senor

[PyurAureo]

ah dennae c ur Newt Opic b4 eye shtartd here ...

[Jetlag]

DOE to run cash for old electronics program - srouce: Boomberg TV

Joe6's gonna get a new fridge to hold his 6p.

[briarberrys]

smells like deflation ?

U.S. credit card debt down record 10 months in row
U.S. June consumer credit down at 4.9% rate
U.S. June consumer credit down $10.29 bln

[Jetlag]

Freddy's back on the high roll

"Freddie Mac reported net income of $768 million in the second quarter, its first profit in two years, and didn’t ask the U.S. Treasury for more aid. "

http://www.bloomberg...id=aLgNQjlt_Svc

After Hours: 1.07 Up 0.33 (44.59%) 5:34pm ET

ya think the news got leaked?



OVer 10 billion in fluff and they only make under a billion?

"Freddie Mac said profit was cushioned by a $5.1 billion increase in equity due to the adoption of accounting rules that govern how it must recognize losses. It also had a $4.2 billion gain from derivatives "

"Provisions for credit losses declined to $5.2 billion in the second quarter from $8.8 billion in the previous period, driven by recent home price improvements, it said."


And even that billion is gone to pay gubermint's dividend on the preferred equity!

"After payments of $1.1 billion in preferred stock dividends to the U.S. Treasury, Freddie Mac had a net loss of 11 cents per diluted common share."

http://www.reuters.c...20090807?rpc=44

Shorty ya better start oiling that guillotine cuz we'ze gots workz to do.

[juggler]

First time I voted with majority - never happened before and I promise will not happen again.

[Charmin]

smells like deflation ?

U.S. credit card debt down record 10 months in row
U.S. June consumer credit down at 4.9% rate
U.S. June consumer credit down $10.29 bln

stagflation

"Goldman sees repeat of commodities spike"
http://uk.reuters.co...6...l=0&sp=true

[Charmin]

GS, BAC and C didn't close on their highs along with the SPX and SMH looks like a rollover. But EVERYONE is looking for a pullback.

Nothings wrong in paradise. Bottom of channel is around 1000, then more hype would bring it up to 1025

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[shorty]

smells like deflation ?

U.S. credit card debt down record 10 months in row
U.S. June consumer credit down at 4.9% rate
U.S. June consumer credit down $10.29 bln

No, smells like DEFAULT.
Outstanding balances are dropping because they're being WRITTEN OFF AS UNCOLLECTIBLE.
The maSSes are now maSSters at borrowing, defaulting, and walking away.

[shorty]

I'll wager a two-song hands-on lapdance that Spoozer crapcommon finishes the year sportin' a five-handle. Although a sixer still possibre. After the big showfraudpump now the corps can crap another big fresh steamin' loada common on Mom & Pop.

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[Charmin]

Just another example of Under the raydar: Pensions in critical shape - another 30% rally needed. Pensions need cash infusion or rally to continue.

"West Virginia is not alone in this dilemma. Public employee pension plans along with so called OPEBs (Other Post-Employment Benefits) are causing budget woes in nearly every state as governing bodies at local, county and state levels strain to bring their programs more into line with the trends in the private sector.
Last week’s decision by the Public Employees Insurance Agency (PEIA) Finance Board to discontinue promised full health insurance coverage for future employees after they retire is another unpopular but necessary example of this long overdue and more financially prudent approach."
http://www.lincolnjo...a...inc&he=.com

Let's strip the bennies to the bone and throw you out for the dogs.

[Charmin]

All across the land - pensions are a major item to fund and they are mostly underfunded at the moment.

"California has at least $63 billion in unfunded pension liabilities"
"New Mexico this year approved longer work requirements - from 25 years to 30 years - for state employees starting in 2010."

from sea to shining sea

[BusKow]

'nother new high for cyclicals, good day in the BKX, big day for transports...

slo sto buy sig for Uncle Bucky, some critical levels shown