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This Did Not Have To Happen - Questions that Need Answers
Why were Depression Era Safeguards and Regulations Lifted? Who Changed Them? Why? Headlines and Comments Worthy of Consideration- All the Kings Horses….
- Nobody Trusts the Numbers
- Creative Destruction
- Margin Calls In Front of Redemptions
- Gold’s Biggest One Day Percentage Gain Ever!
- Is There a Leader in the House? Senate? Corner Office?
- “They’ve lost faith in the Financials” – Art Cashin
- Senator Shelby: We are going to have to have some hearings early next year
- One Solution: “World Wide Interest Rate Cut” - - James Cramer
- Resolution Trust - All Over Again
- Fear in Solid Control
- China Daily – World Needs New Currency
- Lack of Regulation in Credit Default Market
- Fiduciary Duty – Lack of Oversight
- Too Big To Fail? What About Bank of America - Using Depositors Money !!
- Who’s Next?
Headlines and Events - Getting Out Of Hand
I can barely remember Freddie and Fannie Mac - Was there a Hurricane last week? Did I hear something about an embassy being bombed?The Market Carnage Continues…
It amazes me that even last week I heard some market analysts and pundits say that we were not in a recession! Long time readers of my blog know that I called the portential for the worst time since the “Great Depression” My Headline for Jan 22 was “Recession in Play - Depression on the Way?”
http://blogs.fxstreet.com/1stonforex/2008/01/22/recession-in-play-depression-on-the-way/
on January 24th I refrenced the Great Depression again
Gold was basically flat on Monday and I was pondering why - I called it Sunday Night - I hope some of you had come to the same conclusions. I really find no joy in being right about things being so wrong - but the Rose Colored Windows are being shattered.
The Blame Game
Boiled Down It IS This: Regulatory oversight was and is missing. It looks like Political Cronies and underskilled Government Workers in the trenches over their head allowed the train to run off the tracks - this is beyond criminal as people are losing their jobs and life savings - around the globe!
Hey Jerry. Love your blog.
I’m with you regarding how this has been coming for a while. I was suggesting we were topping last August. Whenever there is a big correction like there was last August, it is always followed by a second even bigger one.
The question will become, Is this the end or just the middle right now?
Cheers
Pierre