Yes, really.
A line in the sand was crossed today by Hank Paulson. Every nation that has tried to print its way out of a financial crisis has literally self-destructed.
Every one.
Please view this video and pass it to your friends and associates. We can still stop this - but there is not much time.
An update on the credit crunch and what's going on in the capital markets. See http://supportedtheb ailout.org and http://market-ticker .denninger.net for more.
Pure insanity. By getting "warrants" wiping out 80% of shareholder equity, Paulson has painted a target on the back of every firm in America that has written a credit default swap.
You don't think he intended to do that, do you? He's from Goldman..... naw........
Folks, we've had plenty of time, and so has Wall Street to do the right thing. Now we're getting the consequences of NOT.
When will we stop this stupidity and TAKE RESPONSIBILITY? Ever?
Time to get off your duffs folks.
Want to know why you will be paying $4 for gas by Memorial Day?
No, its not the evil oil companies.
Its your fault.
You can fix it, or swill beer.
Choose.
You've heard the bailout bill is a rescue for Main Street.
You have been lied to.
You have only hours to stop this. Everyone in America must see this 2 minute video. Updated, including sound from Jim DeMint, US Senator.
EXPLOSIVE - SPAM THIS LINK TO EVERYONE YOU KNOW AND EMBED/POST IT ON ALL MESSAGE BOARDS.
WE MUST SAVE OUR NATION
Buffett predicts "financial catastrophe" eh? Uh, for Berkshire maybe. Anyone remember the fact that he wrote a buttload of PUTs (over the counter; you know, "financial weapons of mass destruction"?) from Berkshire? If the market tanks, he takes mark-to-market losses - big ones - and potentially big enough to severely impair (or wose) Berkshire.
Conflict of interest? Oh yeah.
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