Thus..."drowning in a sea of red."
While the effects will incure feelings
of dissatisfaction, which are inevitable.
As You pay double now for the same dissatisfied distance.
We Bloody Warned You Plenty Of Times Before
And Told You All So...So Many Times More...
Enter...Peace Frog
It's mayhem, there is blood on the streets
Surjit Bhalla
Oxus Research and Investments
Indian investors despair
Q&A: Stock market falls
Bear market may be looming
Tuesday's losses in Indian shares came
after a fall of 7.4% on Monday.
The Sensex initially fell 9.5% on Tuesday morning,
causing an automatic one-hour halt in trading.
It recovered briefly and was at one point down no more than 3%.
But at the end of trading, it had fallen further to close at 4.97%.
Despite assurances from the finance minister that enough liquidity would be provided to brokers, there were scenes of panic and confusion in Mumbai, with many investors expressing shock at the dramatic slide in prices.
"It's mayhem, there is blood on the streets," Surjit Bhalla, the head of Oxus Research and Investments told the CNN-IBN news channel.
In China, the main Shanghai Composite Index closed down 7.2% at a five-month low, having lost 17% in the past six days of trading.
Trading was also suspended briefly in South Korea, where the market eventually closed down 4.4%, while Hong Kong's Hang Seng index suffered its biggest daily fall, closing down 8.7%.
Sydney's market continued its
longest losing streak for 26 years, closing 7.1% lower.
The Japanese government said it saw no reason to intervene to support the markets and a Bank of Japan meeting left interest rates unchanged.
"Stock markets across the world are falling and it basically stems from the US," said Hiroko Ota, the minister for economic and fiscal policy.
NOW THE FED'S QUICK PANIC MOVE...TO TRY A STAVE OFF
THE FLOWING RIVERS OF BLOOD ON THE STREET...
"The world's stock markets are in meltdown, so the Fed
came in with an inter-meeting move to try to stop the panic."
So Then The Fed In Desperation Made A Quick Bad Move In Panic...
Good...Just Like That Stupid Tax Rebate For a Short Term
Feel Gooder and that's all both of these moves are...
It's just a temporary Political & financial Save your alls
In The Short Term Ass Moves To just Stave off the inevitable.
The Real Deal Bottom Line remains: HOW MUCH WAS STOLEN BY MANY!
Nothing Real Lasting To Really Address the Massive Stealing
& Sell Out Fraud & Evil Corruption That's Been Going On & On
For Too Many Bloody Years Now... Corrupt Thieves & Fraudulent Liars
Thus It will Hurt More In The Long Run... By Short Term Fix moves
Much Much More...Go On a and Feel That It's time to buy more
future worthless shares... Than more blood will come out of you later
on...For The correction bottom truly hasn't hit Yet...
nothing like A S hort Term "Done Out Of Panic
Quick Fix to cover Their Fraudulent Lying arses
But In The long term Long Run We will thus all see
where This all will Run & Lead To...
Still
At the same time, banks were reporting increasing losses stemming from problems in the US housing market, and some of the main bellwether companies were not meeting analysts' earnings estimates.
Many analysts said that while the Fed's rate cut might help to ease concerns in the short-term, stock markets were set to be volatile in coming weeks.
Speak Of worthless & over hyped up...
Hurt by the deepening credit crisis, Bank of America Corp. said Tuesday its fourth-quarter earnings fell 95 percent, and Wachovia Corp. reported that profit tumbled 98 percent.
Net income at Bank of America, the nation's second-largest bank, dropped to $268 million, or 5 cents per share, in the three months ended Dec. 31, from $5.26 billion, or $1.16 per share, a year earlier.
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Look Out Joe How Far Will They Go...IN PORK BELLIES?
Wall Street Rap - Bob Roberts
While They Make More...
CHEAP $$$ WAYS TO COVER THEIR FED & FINANCIAL CHEAT SHEETS
Thus...
THE FED THROWS IN MORE CHEAP(CHEAT) MONEY
To Try And Cover Up & Cover Balance all The Cheat Sheets
That abound with their record write off's Of steep loses.
SO THE FED IN DESPERATION PANICS AND
HITS THE PANIC BUTTON RATE CUT TOO SOON
WITHOUT CAUTION>>>GOOD THUS MORE HURT
LATER AS YOU BUY IN ON IT ON THE UP
IN A STILL NEEDING A CORRECTION MARKET...
AS...EURO & AMERICANS CONTINUE PLAYING FOOTSEY
WITH FAKED NUMBERS & OPTIONS & HEDGES BUT THE
REAL DEAL BOTTOM LINE TRUTH STILL LOOMS LARGE
ABOVE ALL THEIR HEADS LIKE AN AWAITING DAMOCLE'S SWORD.
A Recorrection still will have to occur whether ya buy it up
today just because of the Fed's Panic Rate Cut Move Or not...
GET IT, It's Not The Cut That matters but The principals
Behind The Cut That Really matters!
AND THE PRINCIPAL MATTER AT BLOODY HAND HERE IS THAT
THERE IS & HAS NOT BEEN ANY RIGHT PRINCIPALS THAT HAVE
BEEN SHOWN BY ALL THOSE WITHOUT ANY PRINCIPALS AT ALL!
A BOTTOM LINE PRINCIPAL CUT TO THE BONE STILL AT HAND!
But The Fed & Wall Street Will Jump Up At This Temporary Boost.
So It will give intrepid investors in the very near short term
a reason to buy the severely dented stocks in the financial sector
trying to keep it above 12,000 of fakery..
What will happened is the Fed is flooding the system with liquidity
in hopes That it will give the economy traction...Again short Term
Thinking cause They are running Desperate, Wall Street Going Through
Wild swings Of 300 to 600 point rises and Falls shows Just How
Messed Up They Really are...Trying To Stave Off The coming BLAST!!
Well Well Ther bottom Line Here is More $$$ is needed In Iraq or
Those You Have Been Paying Off In Awakening Will Then Turn On You
Failure To Pay!!! but Thats more Money That You Need Here To Boost
and Printing away More short Term Cash and flooding The Market
will still Not Make it up For A Future Day of even More Reckoning!
Thus wall Street Evil Money Mongers will Be The First o Jump On It
giving The Illusion That it will Be alright In Their Own Money
Grubbing Right...Well It's Not That simple...Swinging It Back Up
Fast On The backs On The Dollar backed half Backed Liquidity
flooding Will Rake Ya Out In The Long Run...so Ity's all about
Saving Face for Today & stuffing Enough away for That
up coming Ill Fated Rainy Day A Blasting...
So Keep Bringing OIt On Up When Ya All Know Nothing Is
Truly Backing It Up...Except
Only Faked Over Printed FED LIQUIDITY THAT's BULL CRAP
For Your All Still Short & Way Over Extended...Good...
Certain Traders Will Now Lose much More If not All Later
if They Don't Wake Up From The Euphoric Tem Cut High...
So Better Back Off Now Or Better Yet...
Please Go On & Keep buying It Up Now Thus
a Bigger Payment Due Reckoning Will Be Even Bloodier Later On...
And That Makes Death Grin even More!
Even Though For Them It's Just A Matter Of "Common Rotation"
With A Lot Of Some Of Your $$$$ For The Future...
Selling Away The Future For Short Term Evil For The Moment Gain
But Some are Still smart Enough not To Get On A False
Temporary High & They Long Term Know better About The
Underlying Real Deal Bottom Line Still To Come & Hit Bottom...
BThus it will create little, if any, optimism on Wall Street, in part because some analysts were predicting at the end of last week, when the Dow suffered back-to-back triple digit drops, that the Fed might act sooner rather than later. And stocks have been falling steeply for months because of the ongoing housing, mortgage and credit crisis and its impact on the overall economy; many investors believe much more is needed to right the markets and the economy.
The rate cut helped stanch the stock drop because "the equity markets are so used to the kneejerk reaction that if it's cheaper for companies to borrow, earnings will go up," said Daniel Alpert, managing director of Westwood Capital LLC. "But throwing more cheap money into the equation doesn't help the fact that we have a credit crisis on our hands."
CHEAP SHORT TERM TEMPORARY "FEEL GOODER" FOR NOW
RELIEF TO A LONG STANDING CORRUPT ILLNESS
But The Real Deal Bottom Line Question Still Remains...
Are They foolish enough to jeopardize long-term
financial health just for short-term stimulus.
Thus Proceed With Caution, as States...
Proceed with caution. John Norris, managing director with Oakworth Capital Bank, a private bank in Birmingham, Ala., said he thinks the Fed might cut rates again next week but he is hopeful that the Fed doesn't go much lower.
Norris said that a federal funds rate of 3 percent would be low enough to stimulate growth again without risking too much in the way of inflation. But he is concerned the Fed may cut rates too much.
Some economists have argued that the Fed lowered rates too aggressively during the 2001 recession - the federal funds rate eventually bottomed out at 1 percent - and that those historically low rates helped encourage the type of reckless subprime lending that is the root of the current economic crisis.
"I hope the Fed is not that foolish to jeopardize long-term financial health just for short-term stimulus. So if they cut rates again next week, hopefully that will be it for a very long time," Norris said.
"This is a cure for the wrong disease. It makes everybody feel good, but it's not going to have any ongoing benefit," said Daniel Alpert, managing director of Westwood Capital LLC. "We need to get ourselves out of a mountain of debt and overvalued properties."
The markets worry that consumers, who account for two-thirds of economic activity, are not in a position to spend the country back into solid growth. They have been cutting back rather than borrowing or spending more, even during the recent holiday season.
"People are up to their eyeballs in debt,
and they're being asked to borrow more?"
Then There's The On The Take Take Out At Sy=Stake Out
Investors are well aware that housing worries remain: Many adjustable-rate mortgages -- similar to those that went bad last year -- will still be adjusted higher, and home prices are expected to keep falling this year.
Financial companies have lost billions of dollars because of those mortgages, retail sales are falling and companies in general aren't on a spending spree.
Investors, both institutional and individual, are also in a defensive mode, and an interest cut won't immediately change that. In the week ended Jan. 15, when many on Wall Street believed a rate cut was in the offing, investors shoveled money into cash reserves at a record pace, according to iMoneyNet. Assets in money market funds ballooned by $15.96 billion to a high of $3.17 trillion.
And investors pulled an estimated $18.2 billion out of mutual funds, according to TrimTabs Investment Research. So far this year, investors have shifted $41.4 billion out of these investments.
But Truly Between Me & Yours Duely
all this is a short-term bottom before a resumption of selling.
They will try and bluff and even out right lie for a bit but the
real deal chomp the bit will bite in like frost bite on way or another.
Still, a recovery might take months or years. After the technology bust of 2000 and the 2001 terrorist attacks sent Wall Street into a deep bear market, the market took several years to turn around -- and at that time, Americans had something sure, something physical, to put their money and confidence in: their homes ( now thats gone, so what really is left)...especially without a job!
Lets Now take some Much Needed Time & Energy &...
Do The Wall Street Re-Shuffle...So...
To do the Wall Street Shuffle
Let your money hustle
Bet you'd even sell your own mother
So...You can go buy another
So Go On...Continue To...
Do the Wall Street shuffle
Hear the money rustle
Watch the greenbacks tumble
Feel the Sterling crumble
WALL STREET SHUFFLE BY 10CC
So it Doesn't matter If They steal It All From Their Investors
Like Merrill Lynch & Enron For The supreme Pay Off Courtier Rapist
at The S-Court Don't want To Hear It Anyway...For They are Part
Of The ones Who Ripped You all Off..GET IT NOW...& NO JUSTICE Either!
& No Recriminations or Accountability At All...sick evil Satan system
You aka All Got youreselves walled In On...
Court refuses to hear Enron case
By PETE YOST, Associated Press Writer
Jan.22 2008
WASHINGTON - The Supreme Court dealt a blow Tuesday to Enron investors who sued major investment banks to recover money lost when the Texas energy giant collapsed amid a massive accounting fraud.
By refusing to review the investors' lawsuit, the court took away what may have been their only hope of keeping the case alive.
Enron stockholders may seek to revive their case in the lower federal courts, though the 5th U.S. Circuit Court of Appeals in New Orleans has ruled against them once before.
Enron's demise wiped out thousands of jobs, more than $60 billion in market value and more than $2 billion in pension plans.
Tuesday's turndown for the Enron investors came without comment in a routine Supreme Court list of cases the justices had decided not to hear.
The chances that Enron shareholders can recover some money dimmed a week ago with the Supreme Court's decision against the investors in a separate suit. It alleged that two suppliers doing business with a cable TV company engaged in securities fraud.
The suit against the cable TV suppliers was politically sensitive for the Bush administration because of its potential impact on the Enron case. In the suit against the cable TV suppliers, the administration sided with the business community against investors, despite the recommendation of the Securities and Exchange Commission to side with the investors. It was left to attorneys general from 30 states to support shareholders in the case of the cable TV suppliers.
The justices ruled that the cable company's investors did not have the right to sue because they did not rely on the deceptive acts of the suppliers.
The same principle could apply to the Enron case, where investors relied on Enron's glowing description of its business, but were arguably unaware of any deceptive conduct by the investment banks.
Lawyers for Enron investors say the circumstances in the two cases are not comparable.
In the Enron suit, stockholders are accusing Wall Street investment banks of colluding with the energy company to hide its losses.
To date, Enron plaintiffs have settled for $7.3 billion from several financial institutions including JPMorgan Chase & Co., Citigroup and Canadian Imperial Bank of Commerce.
Enron stockholders are seeking more than $30 billion from Merrill Lynch & Co., Credit Suisse First Boston and Barclays Bank PLC.
The investment banks, say Enron investors, entered into partnerships and transactions that enabled Enron to take liabilities off its books, recording revenue from the deals when it was actually incurring debt.
Last March, the appeals court in New Orleans reversed a decision by U.S. District Judge Melinda Harmon in Houston, who had said shareholders could sue as a class.
The issue of certifying a class is a critical one. Once the courts allow huge numbers of investors to pursue a securities fraud lawsuit, the defendants almost always settle rather than exposing their corporations to potentially catastrophic liability.
The appeals court decision in the Enron case meant that shareholders and investors could not pool their resources to sue as a group. Lawyers for Enron investors estimate the class size at over 1 million shareholders.
Enron Corp., once the nation's seventh-largest company, crumbled into bankruptcy in December 2001. The failure became a symbol of the corporate scandals that rocked Wall Street early this decade.
The Enron case is University of California Regents v. Merrill Lynch, 06-1341.
MANY SO CALLED LEGAL SUPREME RIP OFF'S GOING ON...IN BILLIONS!!!
And There's No Recourse In Court & They Don't Even Want to Hear It!
A Very Evil Country with a Very Evil system in Place...
Oh Ya Bet YUeah!
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NOW HERE/S THE REAL Slash-BOTTOM LINE DIVIDEND DEAL...
What the Fed Cut Means For Your Mortgage
Tuesday January 22, 11:05 am ET
Today’s rate cut does affect short-term adjustable rate mortgages, but not really as much as you might think. Why? Because this rate cut was already priced into the market, maybe not three quarter's point, but definitely a half-point. So if you are facing a reset on your ARM, you’re in much better shape today than you were just six months ago
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SO IT'S Time ONCE AGAIN TO ENTER IN THE...
Peace Frog
by Jim Morrison & Robbie Krieger
© Doors Music Company ASCAP
There's blood in the streets, it's up to my ankles,
(she came) There's blood in the streets, it's up to my knee.
(she came) There's blood in the streets the town of Chicago,
(she came) There's blood on the rise it's following me.
Just about the break of day
She came and then she drove away
Sunlight in her hair.
(she came) Blood in the streets runs a river of sadness
(she came) Blood in the streets its up to my thigh.
(she came) The river runs down the legs of the city
(she came) The women are crying red rivers of weeping.
She came to town and then she drove away
Sunlight in her hair.
Indians scattered on dawn's highway bleeding,
Ghosts crowd the young child's fragile eggshell mind.
Blood on the streets of the town of New Haven,
Blood stains the roofs and the palm trees in Venice.
Blood in my love in the terrible summer,
Bloody red sun of Phantastic LA.
Blood screams the pain as they chop off her fingers.
Blood will be born in the birth of a nation.
Blood is the rose of mysterious union.
Blood in the streets it's up to my ankles,
Blood in the streets it's up to my knee.
Blood in the streets in the town of Chicago,
Blood on the rise it's following me.
May The Force Of Peace Frog Prayer To Thus
Save You From Drowning In A Sea of Red Be With You
Signed Sadly, Gladly & Tragically
At The PassionSwords Blades Edge
WE Bitter-Sweet OVER BITTER Gladiators
Of the Society of the Sacred PassionsWord
@The Centrist Arena of Green Gladiators 2000-2008,
Are # Of the Society Of The Sacred PassionSword, a
wholly-owned subsidiary of $ Grand Journey Enterprise
Release LTD a privately-held, Investigative Research
Source of Internet Conspiracy Theory%.
Fade Once Again To...
Anoint The Earth In Blood For Now Blood In The Streets
Runs A River Of Sadness As I'm Calling On You To Pray
As Blood On The Rise It's Following Me Back In Black
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