Friday, July 11, 2008

Yeah, WE are the vicious Sharks ... Right ...

The evil short-selling sharks, as this New York Times article refers to us, are only "circling" in the sense that we are considering that this recent down leg may be due for a bit of an upside correction ... and "circling" around to find a good entry point into the inevitable long dollar trade of 2009.

Of course, we all know about those EVIL SPECULATORS ... lazy no-goods working 14 hour days in our home offices of our own internal motivation, crunching statistical risk management models ... engaging in such EVILS as buying a family home on the pure SPECULATION that it will assure our retirement ... speculatively buying condos for our children so that they might have a starter nest egg, too ... investing in 401(k)'s on the sheer SPECULATION that equities will rise over time.

Yes indeed, we must rid the world of "those" evil speculators (just make sure that MY 401(k) goes up). Next, just take the Wall St. to Washington Hank Paulson revolving door, by which you can conveniently advise that the armies of wage slaves whom you already raped and pillaged of all value, must now BAIL OUT THE SELF-RIGHTEOUS BILLIONAIRE BANKERS who (knowingly, for many) drove Freddie and Fannie directly into to ground.

The economic devastation fraught on 9/11 was a FRACTION of the damage done by this devouring locust swarms of Larry Kudlow and Sean Hannity worshippers.

Sound a bit bitter? Not at all.

Roused a bit awake? Wide.

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