so I listened to peter schiff last night, that was fun. Worked up about the "Bail Out"... the Gov. is just giving this lip service, they won't get serious till 2008. The idea that they can be proactive is a joke.... I mean come on... They can't pave roads.
But wall street will be happy with any bail out....
I still like my plan of liquidating CFC C and Morgan, and using that money to buy all the loans. Insurers too...
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Thursday, December 6, 2007
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