tag:blogger.com,1999:blog-8305505968390768234.post9008657685385505680..comments2023-08-10T11:39:24.714-04:00Comments on fdralloveragain: TARP -- It's Mr. Short Term Memory! Who?fdralloveragainhttp://www.blogger.com/profile/03488923148019117760noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-8305505968390768234.post-91073169678309263312009-12-18T01:26:48.105-05:002009-12-18T01:26:48.105-05:00"So, the Word is the FED will be forced by po..."So, the Word is the FED will be forced by politicians to raise rates to get banks lending."<br /><br />The Fed rate is currently 833% higher than the market rate for same term cash (the 3-M Treasury). They certainly aren't trying to help banks. They are trying to suffocate non-cartel bank competition and seize their assets. Ask Lehman and Bear.<br /><br />The Fed's actions speak louder than a cluless Politican's words.fdralloveragainhttps://www.blogger.com/profile/03488923148019117760noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-10095289678096683422009-12-17T23:25:38.213-05:002009-12-17T23:25:38.213-05:00So, the Word is the FED will be forced by politici...So, the Word is the FED will be forced by politicians to raise rates to get banks lending. If this does not work, they will drop the lending standards of FRE and FNM and just flood the system with fresh cash. With all of these tools to combat deflation and the fact that soon our currency will be backed by nothing but RMBS and CMBS held on the FED's books, what keeps deflation chugging through all this nonsense? I know your going to say that the FED can't raise rates and that Lending to those that don't qualify will just create future defaults, but the point is just to jolt the orient to life.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-67422120690565642962009-12-17T13:11:24.154-05:002009-12-17T13:11:24.154-05:00"With oil rebounding yesterday on surprise de..."With oil rebounding yesterday on surprise decrease in inventory, does that mean all the idle refinerys will be up and running in no time?"<br /><br />Oil inventories dropping - means wholesalers think the price is going to fall, so they sell their inventory forward (a form of short position). No one wants to hold inventory during a price decline.fdralloveragainhttps://www.blogger.com/profile/03488923148019117760noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-45656440763880498432009-12-17T08:32:48.468-05:002009-12-17T08:32:48.468-05:00FDR
If Ben is Person of the Year , we are doomed ...FDR<br /><br />If Ben is Person of the Year , we are doomed as country.<br /><br />With oil rebounding yesterday on surprise decrease in inventory, does that mean all the idle refinerys will be up and running in no time?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-12458189207901257592009-12-16T21:11:58.588-05:002009-12-16T21:11:58.588-05:00FDR,
Any thoughts on your friend Ben Bernanke'...FDR,<br /><br />Any thoughts on your friend Ben Bernanke's designation as Person of the Year??Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-83988157875689553972009-12-16T19:29:46.642-05:002009-12-16T19:29:46.642-05:00Well, my second question was answered,
"I am...Well, my second question was answered,<br /><br />"I am still baffled by who is buying all these secondary offerings."<br /><br />I guess with people buying citi at 3.15 it would mean gamblers / speculators who want a cheap price for the high risk.<br /><br />The poor govt is stuck 30 billion dollars worth they coverted at 3.25. Suckers.... Oh wait, that includes me because I am a US citizen. <br /><br /> Not to worry though, the govt will be able to sell those for much more in the future. NOT!<br /><br />What a bunch of BS.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-57571400858923034572009-12-16T15:18:31.187-05:002009-12-16T15:18:31.187-05:00I thought you might enjoy this:
The Pilgrims of Pl...I thought you might enjoy this:<br />The Pilgrims of Plymouth Colony were the first Americans to receive any type of government bailout. The local government at the time was the Pawtuxet Indians. They stated that the Plymouth Colony was too large to fail and they needed to provide them with a bailout (of food). By doing this it helped get the Colony get back on its feet and then the Colony returned the favor by taking their land, spreading smallpox and relocating the Tribe to crappy unusable land called a reservation. This was the first type of wealth redistribution ever done on American soil.<br /><br />Creativity counts!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-38487787687594910332009-12-15T22:27:14.066-05:002009-12-15T22:27:14.066-05:00"Moreover, when you mean "sell high"..."Moreover, when you mean "sell high" you are referring to their additional stock issues that they are putting into to the market place to payoff their TARP liabilities."<br /><br />Yes I think that is a good analysis...fdralloveragainhttps://www.blogger.com/profile/03488923148019117760noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-36514060106282663592009-12-15T22:24:45.113-05:002009-12-15T22:24:45.113-05:00"FDR- How do you know there are still a lot o..."FDR- How do you know there are still a lot of loan losses left?"<br /><br />Because most banks have yet to write down subprime. Take GS, they've been marking up their sub-prime junk to cover other losses. It's all part of the grand facade known as mark to market. <br /><br />"Market" price is up to the marker. Too bad you can't sell for anything you want or they'd actually be rich instead of flat broke...fdralloveragainhttps://www.blogger.com/profile/03488923148019117760noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-62165574643457063242009-12-15T19:43:18.368-05:002009-12-15T19:43:18.368-05:00Well, I think I answered my own question on "...Well, I think I answered my own question on "Just to clarify..."<br /><br /> Moreover, when you mean "sell high" you are referring to their additional stock issues that they are putting into to the market place to payoff their TARP liabilities.<br /><br />I am still baffled by who is buying all of these secondary offerings.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-84057067699813761672009-12-15T17:11:31.239-05:002009-12-15T17:11:31.239-05:00I was just perusing the offerings over at Zero Hed...I was just perusing the offerings over at Zero Hedge and see that a piece by John Williams entitled Prepare for the Hyperinflationary Great Depression has the most hits I think I've ever seen any article receive on that site. Talk about all being on the same side of the boat. I guess old habits die hard (and ultimately quite expensively).hettygreenhttps://www.blogger.com/profile/02942359318618747424noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-50105784838331108772009-12-15T11:17:20.590-05:002009-12-15T11:17:20.590-05:00FDR- just a question.
At what point during inflat...FDR- just a question.<br /><br />At what point during inflation would using equities as a hedge not be prudent any longer?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-12819093821191889422009-12-15T10:40:26.878-05:002009-12-15T10:40:26.878-05:00How is the FED directly buying equities not inflat...How is the FED directly buying equities not inflationary? Dollar heading higher, equities heading higher, commodities heading higher, even GLD heading higher. Bonds of course heading lower. Are you sure you don't have your methodology backwards?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-68283169160808584422009-12-15T06:38:31.886-05:002009-12-15T06:38:31.886-05:00Just to clarify, are you saying,
The banks got a ...Just to clarify, are you saying,<br /><br />The banks got a zero percent loan which they are now exchaging for shares of their company that they gave out as collateral?<br /><br />IE, bank of america received $10 for giving the gov 10 shares of stock valued at $1. Now, bank of america is giving the $10 back for a stock that is now valued at $2 a share ($20 dollars total)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-74685744061940826282009-12-15T03:48:36.239-05:002009-12-15T03:48:36.239-05:00Fdr:
Do you think this end of cycle (kondratieff ...Fdr:<br /><br />Do you think this end of cycle (kondratieff winter) it is more severe bec this indeed is the end of a "mega cycle"?<br /><br />Why do you think that the majority of the people in this world are asleep?<br /><br />How did you wake up? <br />thanks,<br />chocolateManchocolateManhttp://community.marketwatch.com/chocolateMannoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-58561510015646066572009-12-14T23:14:29.484-05:002009-12-14T23:14:29.484-05:00FDR- How do you know there are still a lot of loan...FDR- How do you know there are still a lot of loan losses left?Anonymousnoreply@blogger.com