Comments on Fund My Mutual Fund: CNBC: Paulson Setting Up Plan to Set up Federal Fa...

Hi TM: You say this: "the whole financial system ...

2008-09-18T22:22:00.000-04:00

Hi TM: You say this: "the whole financial system devolves globally" and everyone else says it and I was told this would happen if Bear Sterns went under and it did and I am still here....my point is: this has become some generic statement that justifies the actions of our current officials; I am sure that if these companies went belly up without government intervention things would still work today like they did yesterday and the freemarket would find solutions tomorrow....but this has become the reason why we should bail out these companies....everyone is buying it too and I suspect it isn't true

Right after you said well one safe haven is buying...

2008-09-18T16:15:00.000-04:00

Right after you said well one safe haven is buying CEG $1+ below bid price, it dropped 10%+

so much for safe!! crazy market

As for Goldman Sachs - this is why they have their people everywhere. Contigancy plans.

What a wild day, wild week, and wild year. I miss the boring old days.

Oh, so now that Goldman Sachs is under threat, Pau...

2008-09-18T15:54:00.000-04:00

Oh, so now that Goldman Sachs is under threat, Paulson trots out the "lets nationalize all these fucking mortgages" plan?

I had to switch off my stockscreen and turn on Cartoon Network today after I saw CEG drop 13% and then go all the way back up in the space of 1 hour, and still trade 2 bucks below what Warren paid for it.

Can we just go back to the days when things were peaceful and quiet and POT was rising 1% everyday?