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

"Sell down to your sleeping point"

Saturday, February 7, 2009

GYOFB

I figured I was the only one ridiculous enough to watch the senate until my eyes wouldn't stay open.

... I always get a bad feeling knowing that somebody elected these people... Interesting that the issue was mostly, "If the bill was bipartisan or not.".. I get flashes of the kid who takes his ball and goes home.
... Then I catch Kudlow, and he says the rally is because the package may fail.

... The way Harry Reid talks, I get this feeling he is willing to take the economy to Zero, as long as he can blame it on the Republicans.

... Give those guys another year and a half, and they may have the slightest clue about what is wrong, besides "The market is going down." and "Something about libor."

I also get the impression that Somehow because corporate America can't borrow at 3%, that congress believes that that means "banks aren't lending."

What a world, what a world!

Not that I take one side or the other, or even think that any of it will or will not help.

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