Whew, earth to Capt. JG, you are entering hyperspace!

"jlrogers±³©" wrote in message
...
Whew, earth to Capt. JG, you are entering hyperspace!



So, you believe that bin laden's crowd hasn't moved back to Afganistan?

--
"j" ganz @@
www.sailnow.com

"Capt. JG" wrote in message
easolutions...
"jlrogers±³©" wrote in message
...
Whew, earth to Capt. JG, you are entering hyperspace!



So, you believe that bin laden's crowd hasn't moved back to Afganistan?


If you believe it, does that make it a fact for everyone else?

You're getting nutty again.

"Dave" wrote in message
...
On Fri, 5 Sep 2008 11:58:10 -0500, "jlrogers±³©"
said:

Whew, earth to Capt. JG, you are entering hyperspace!

Not entering. Remember, Ganz is the one who's been claiming the economy
has
been constantly in the crapper for the last 8 years.


Yeah, the job numbers and inflation index that just came out prove me wrong!
LOL

Worst employment numbers in five years. Inflation on the rise. The mortgage
crisis getting worse, with no end in sight.

Drill, drill, drill... that'll fix it.

--
"j" ganz @@
www.sailnow.com

"Dave" wrote in message
...
On Fri, 5 Sep 2008 11:58:10 -0500, "jlrogers±³©"
said:

Whew, earth to Capt. JG, you are entering hyperspace!

Not entering. Remember, Ganz is the one who's been claiming the economy
has
been constantly in the crapper for the last 8 years.


Another example of the strong economy...

Breaking news.... U.S. Treasury secretary announces plan to take over
troubled mortgage giants Fannie Mae and Freddie Mac.

--
"j" ganz @@
www.sailnow.com

"Dave" wrote in message
...
On Sun, 7 Sep 2008 10:13:23 -0700, "Capt. JG"
said:

Breaking news.... U.S. Treasury secretary announces plan to take over
troubled mortgage giants Fannie Mae and Freddie Mac.

Lessee. Are those the same Fannie Mae and Freddie Mac that Jim Shumer was
urging to buy more and more mortgages to "solve" the problem? The same
ones
that the WSJ has for years been saying have had accounting issues and are
shaky? The same ones that have been making Chris Dodd, John Kerry, Barack
Obama and Hillary Clinton their top recipients of campaign contributions
over the last 19 years? Are those the ones?

Both should have been put out of their misery years ago by requiring them
to
sell off their assets to truly privately owned enterprises with no guvmint
guarantees, explicit or implicit.


They've been solvent and working until recently. Now they're not. Perhaps
you can blame Obama if you really try. After all, he was in the Illinois
Legislature and was a community organizer while Bushco was in the WH and the
Republicans controlled Congress.

--
"j" ganz @@
www.sailnow.com

"Dave" wrote in message
...
On Sun, 7 Sep 2008 11:57:15 -0700, "Capt. JG"
said:

Lessee. Are those the same Fannie Mae and Freddie Mac that Jim Shumer
was
urging to buy more and more mortgages to "solve" the problem? The same
ones
that the WSJ has for years been saying have had accounting issues and
are
shaky? The same ones that have been making Chris Dodd, John Kerry,
Barack
Obama and Hillary Clinton their top recipients of campaign contributions
over the last 19 years? Are those the ones?

Both should have been put out of their misery years ago by requiring
them
to
sell off their assets to truly privately owned enterprises with no
guvmint
guarantees, explicit or implicit.


They've been solvent and working until recently.

You just haven't been following the story as it unfolded. Shumer would
like
people to believe that fairy tale. The smart money knows better.

Now they're not. Perhaps
you can blame Obama if you really try. After all, he was in the Illinois
Legislature and was a community organizer while Bushco was in the WH and
the
Republicans controlled Congress.

Follow the money, Jon.


The "smart money" people are saying that they should be bailed out. The
half-ass compromise from Paulson isn't going to cut it....

"Paulson, whose comments came as shares of the so-called
government-sponsored enterprises tumbled to their lowest levels in 17 years,
said his department is "maintaining a dialogue with regulators and with the
companies."
Investors seemed unimpressed by the Treasury secretary's statement, as
stocks tumbled and oil prices climbed further into record territory. The Dow
Jones industrials fell more than 180 points and dropped below the 11,000
mark in mid-day trading for the first time in two years."


--
"j" ganz @@
www.sailnow.com

"Capt. JG" wrote in message
easolutions...
"Dave" wrote in message
...
On Sun, 7 Sep 2008 11:57:15 -0700, "Capt. JG"
said:

Lessee. Are those the same Fannie Mae and Freddie Mac that Jim Shumer
was
urging to buy more and more mortgages to "solve" the problem? The same
ones
that the WSJ has for years been saying have had accounting issues and
are
shaky? The same ones that have been making Chris Dodd, John Kerry,
Barack
Obama and Hillary Clinton their top recipients of campaign
contributions
over the last 19 years? Are those the ones?

Both should have been put out of their misery years ago by requiring
them
to
sell off their assets to truly privately owned enterprises with no
guvmint
guarantees, explicit or implicit.


They've been solvent and working until recently.

You just haven't been following the story as it unfolded. Shumer would
like
people to believe that fairy tale. The smart money knows better.

Now they're not. Perhaps
you can blame Obama if you really try. After all, he was in the Illinois
Legislature and was a community organizer while Bushco was in the WH and
the
Republicans controlled Congress.

Follow the money, Jon.


The "smart money" people are saying that they should be bailed out. The
half-ass compromise from Paulson isn't going to cut it....

"Paulson, whose comments came as shares of the so-called
government-sponsored enterprises tumbled to their lowest levels in 17
years, said his department is "maintaining a dialogue with regulators and
with the companies."
Investors seemed unimpressed by the Treasury secretary's statement, as
stocks tumbled and oil prices climbed further into record territory. The
Dow Jones industrials fell more than 180 points and dropped below the
11,000 mark in mid-day trading for the first time in two years."


Unattributed quotes - seems suspicious, let's see:


The DJIA last dropped below 11,000 on July 15th 2008. That's when oil was at
record prices.

Today, oil has dropped by almost 1/3 and the Dow is up over 1200 pts from
that alarming low.

Seems things are much better now, Paulson must have done well.

Is that your point?

"Dave" wrote in message
...
On Sun, 7 Sep 2008 18:28:39 -0700, "Capt. JG"
said:

The "smart money" people are saying that they should be bailed out.

What does "bailed out" mean? Should common shareholders' equity be wiped
out
entirely? What should happen to their loan portfolios--write it way down?
What about their outstanding non-cumulative preferred? What about their
debt?

"Bailed out" is just a phrase. Until it's given some content, one can't
talk
about the subject intelligently. Based on the very sketchy information
I've
seen so far, it looks to me like equity holders are being offered far too
good a deal. Initially it looks like they come away with 20% of the equity
of the reorganized enterprises if profitability is restored.


Yes, the economy is in bang up shape! Vote for Palin! She'll kill a few
moose.

--
"j" ganz @@
www.sailnow.com

"Capt. JG" wrote in message
tions...


Yes, the economy is in bang up shape! Vote for Palin! She'll kill a few
moose.



First intelligent thing you have said in weeks. Good idea!