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Market to Hank Paulson: That's No Bazooka

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13

August 25, 2008 – Comments (4)

Hank: They figure you're bluffing. They don't believe you'll rescue the bagholders at Fannie and Freddie. Bill Miller's counting on you.

You're going to have to show everyone what you've really got in your pocket. I suspect it's a balloon fulla nothing. But if you don't whip it out, we will all know for sure what it's not:  real solution to a giant credit bubble that you played a big part in creating.

4 Comments – Post Your Own

#1) On August 25, 2008 at 3:04 PM, LordZ wrote:

Latest style in financial wear, its called the suicide bomber jacket and vests, simply go to the areas you wish to influence and threaten blowing everyone to kingdom come.

Warning clothing is not reusable after application.

Hurray limited supply.

 

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#2) On August 25, 2008 at 3:50 PM, lquadland10 (< 20) wrote:

Right, personally I don't have the money they promised and neither do my great great great great grandchildren, do you?

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#3) On August 25, 2008 at 6:48 PM, eldemonio (98.63) wrote:

Who in the hell is buying FRE and FNM?  Retards? 

Is it stupid and unfair to bail out these two masters of anti-liquidity?  Yes, and that is exactly why they will be bailed out.

Buying FRE and FNM right now should include forced sterilization - we don't want your offspring investing in the future. 

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#4) On August 26, 2008 at 10:55 PM, Inept (90.58) wrote:

So do you expect to give FRE and FNM the red thumb again after the euphoria wears off? I, for one, am not closing my CAPS positions until I get the gavel!

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