Marc Faber on CNBC on 2008.09.26 said that in 1-10 scale he gives Bernanke minus 10, and if you want to restore confidence in the system, then Mr Paulson and Mr Bernanke should resign right away and Mr Volcker should be appointed as temporary FED chairman
Author: peacespeech
Keywords: Marc Faber Ben Bernanke bailout Hank Henry Paulson dollar gold
Added: September 29, 2008
Marc Faber on CNBC on 2008.09.26 said that in 1-10 scale he gives Bernanke minus 10, and if you want to restore confidence in the system, then Mr Paulson and Mr Bernanke should resign right away and Mr Volcker should be appointed as temporary FED chairman
Author: peacespeech
Keywords: Marc Faber Ben Bernanke bailout Hank Henry Paulson dollar gold
Added: September 29, 2008
The House failed to pass a $700 billion economic bailout package Monday, sending lawmakers back to the drawing table to try to stave off an economic collapse, and the stock market plummeted on the news.
The package failed on a 228-205 vote after Congressional leaders held the vote open for a half-hour after time had expired as they tried to persuade lawmakers to change their votes. CNN reported that lawmakers wouldn’t hold another vote on the bailout Monday as Congress prepared to adjourn for the Jewish holiday of Rosh Hashanah, which begins at sundown.
The failure — after lawmakers remained in Washington over the weekend to negotiate a compromise — essentially sends Congress and the White House back to the drawing table as they try to craft a compromise.
The $700-billion figure that won’t really end up being anywhere near the actual cost because no one knows what all those mortgaged properties are really worth now anyway? Which is the whole problem in the first place because the institutions holding that paper don’t know the value of what they’re holding either, which is why everyone suddenly got so frightened?
That $700-billion figure that won’t really last because eventually the feds will sell off what they’re buying and might even make a profit in the end as they did with the Chrysler bailout warrants years ago?
You know where that very important $700-billion figure came from?
Here’s a quote from that Forbes story:
“It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.”
They made it up to be sufficiently ginormous to frighten everyone into rapid action.
And it worked.
Author: afteramerica
Keywords: News Politics NWO 2008 Election Ron PaulErin Burnett Jim Cramer CNBC Street Signs Mad Money Economy Oil Prices Wall Banks Auto Industry Housing Subprime Loans Credit Crisis Bailouts Savings Great Depression General Motors Ford Federal Reserve Treasury SEC Ben Bernanke Hank Paulson Christopher Cox Congress Paul PD51 Norry
Added: September 29, 2008
The House failed to pass a $700 billion economic bailout package Monday, sending lawmakers back to the drawing table to try to stave off an economic collapse, and the stock market plummeted on the news.
The package failed on a 228-205 vote after Congressional leaders held the vote open for a half-hour after time had expired as they tried to persuade lawmakers to change their votes. CNN reported that lawmakers wouldn’t hold another vote on the bailout Monday as Congress prepared to adjourn for the Jewish holiday of Rosh Hashanah, which begins at sundown.
The failure — after lawmakers remained in Washington over the weekend to negotiate a compromise — essentially sends Congress and the White House back to the drawing table as they try to craft a compromise.
The $700-billion figure that won’t really end up being anywhere near the actual cost because no one knows what all those mortgaged properties are really worth now anyway? Which is the whole problem in the first place because the institutions holding that paper don’t know the value of what they’re holding either, which is why everyone suddenly got so frightened?
That $700-billion figure that won’t really last because eventually the feds will sell off what they’re buying and might even make a profit in the end as they did with the Chrysler bailout warrants years ago?
You know where that very important $700-billion figure came from?
Here’s a quote from that Forbes story:
“It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.”
They made it up to be sufficiently ginormous to frighten everyone into rapid action.
And it worked.
Author: afteramerica
Keywords: News Politics NWO 2008 Election Ron PaulErin Burnett Jim Cramer CNBC Street Signs Mad Money Economy Oil Prices Wall Banks Auto Industry Housing Subprime Loans Credit Crisis Bailouts Savings Great Depression General Motors Ford Federal Reserve Treasury SEC Ben Bernanke Hank Paulson Christopher Cox Congress Paul PD51 Norry
Added: September 29, 2008
InTheMoneyStocks.com discusses BLOODY Monday as the indexes took their largest loss since the CRASH of 1987. They talk about the bailout plans failure and their expectations. They look at the technical charts and discuss the need for this plan, as unfortunate as it is to pass to save Main Street. Enjoy and come join the new Research Center on InTheMoneyStocks.com so continue viewing the videos.
Author: inthemoneystocks
Keywords: technical analysis jim cramer IBD bernanke paulson stochastics macd rsi money candlestick stock market sex cnbc
Added: September 29, 2008
Financial Markets Bill – SP Pit traded market as the US House Votes ‘Nay’.
Ben Lichtenstein has appeared on CNBC and Bloomberg TV, has shared his expertise on Bloomberg radio, and has been published in numerous periodicals including Futures magazine and Stocks & Commodities. He is a member of the Chicago Mercantile Exchange with over 15 years of experience working on the trading floor.
TELEPHONE:
please call before 10:15 cst 312-715-6014
mention YouTube when calling
E-MAIL:
Coli@TradersAudio.com
mention YouTube when e-mailing
TradersAudio.com broadcasts LIVE, via the internet, from the Chicago Mercantile Exchange S&P 500 Futures trading floor 8:30am – 15:15pm cst and the Chicago Board of Trade Treasury trading floor 7:20 – 14:00 cst – Monday through Friday, for holiday schedule click here http://www.cmegroup.com/tools-information/holiday-calendar/index.html
TradersAudio.com subscribers are individual stock, futures and bond traders, fund managers, stock and futures brokers, futures analysts and corporate institutions in countries around the world.
Free 3 day trial (no credit card required) http://www.TradersAudio.com/amember/signup.php?price_group=-1000
Free DAILY Equity Futures Support and Resistance Numbers (updated by 8:00 cst) http://www.TradersAudio.com/daily/index.php?page=support-and-resistance-numbers
For glossary of terms used http://www.TradersAudio.com/daily/index.php?page=glossary-of-terms
Listen to FAQ’s (MP3 format) from TradersAudio.com subscribers http://www.TradersAudio.com/daily/index.php?page=faq
The broadcasters may call the S&P e-mini ES Globex contract, ‘minis’, ‘the mini’ or ‘the screen’. Also, they may call the S&P CME SP Pit Traded contract, ‘the big contract’ or ‘the S&P’. The broadcasters are calling the trades within a few feet of the S&P CME SP trading pit and are referring to the S&P CME SP contract.
You are hearing the broadcasters quote the current bid and offer of the S&P CME SP pit traded contract – quickly. When they say ’0 even bid at one half’, that could mean 1280.00 is the bid and 1280.50 is the offer. But could also mean, 1290.00 is the bid and 1290.50 is the offer. They are broadcasting tick for tick and must quote the figures to stay with the pit action. When the pit is packed and active they may just say, ’0 at half’ or ’20 bid at 70′. It is easy to follow along when looking at the ES chart and trades.
The prices you SEE in the video are the S&P e-mini (electronic symbol ES) Globex Dec 2008 contract. The prices you HEAR are the S&P CME (pit traded symbol SP) Pit Traded Dec 2008 contract. The two contracts trade within a tick or two of each other, during pit traded hours 8:30 – 15:15pm cst.
The pit traders are trading the SP and may trade the ES also. When they do, the broadcasters may say ‘they’re trading the mini’ or ‘they just sold/bought the mini’.
Click here for more information: http://www.cmegroup.com/trading/equity-index/us-index/e-mini-sandp500_FO.html
The subscribers of TradersAudio.com are listening to the SP contract trading Live in Chicago while watching the ES, another futures contract or stock on their computer.
*This is not trading advice. These videos are for informational, educational and entertainment purposes only. Full product information on the S&P 500 Futures is available at the CME website http://www.cmegroup.com – We are not a brokerage firm, we do not take trading orders, do not execute trades or manage customer accounts. The Squawk Box is not trading advice and provided for informational purposes only. No claims or representations of profitability are being made herein.
Author: tradersaudio
Keywords: stock market indicator emini squawk SnP futures forex commodities charts daytrading finance money
Added: September 29, 2008
InTheMoneyStocks.com discusses BLOODY Monday as the indexes took their largest loss since the CRASH of 1987. They talk about the bailout plans failure and their expectations. They look at the technical charts and discuss the need for this plan, as unfortunate as it is to pass to save Main Street. Enjoy and come join the new Research Center on InTheMoneyStocks.com so continue viewing the videos.
Author: inthemoneystocks
Keywords: technical analysis jim cramer IBD bernanke paulson stochastics macd rsi money candlestick stock market sex cnbc
Added: September 29, 2008
Financial Markets Bill – SP Pit traded market as the US House Votes ‘Nay’.
Ben Lichtenstein has appeared on CNBC and Bloomberg TV, has shared his expertise on Bloomberg radio, and has been published in numerous periodicals including Futures magazine and Stocks & Commodities. He is a member of the Chicago Mercantile Exchange with over 15 years of experience working on the trading floor.
TELEPHONE:
please call before 10:15 cst 312-715-6014
mention YouTube when calling
E-MAIL:
Coli@TradersAudio.com
mention YouTube when e-mailing
TradersAudio.com broadcasts LIVE, via the internet, from the Chicago Mercantile Exchange S&P 500 Futures trading floor 8:30am – 15:15pm cst and the Chicago Board of Trade Treasury trading floor 7:20 – 14:00 cst – Monday through Friday, for holiday schedule click here http://www.cmegroup.com/tools-information/holiday-calendar/index.html
TradersAudio.com subscribers are individual stock, futures and bond traders, fund managers, stock and futures brokers, futures analysts and corporate institutions in countries around the world.
Free 3 day trial (no credit card required) http://www.TradersAudio.com/amember/signup.php?price_group=-1000
Free DAILY Equity Futures Support and Resistance Numbers (updated by 8:00 cst) http://www.TradersAudio.com/daily/index.php?page=support-and-resistance-numbers
For glossary of terms used http://www.TradersAudio.com/daily/index.php?page=glossary-of-terms
Listen to FAQ’s (MP3 format) from TradersAudio.com subscribers http://www.TradersAudio.com/daily/index.php?page=faq
The broadcasters may call the S&P e-mini ES Globex contract, ‘minis’, ‘the mini’ or ‘the screen’. Also, they may call the S&P CME SP Pit Traded contract, ‘the big contract’ or ‘the S&P’. The broadcasters are calling the trades within a few feet of the S&P CME SP trading pit and are referring to the S&P CME SP contract.
You are hearing the broadcasters quote the current bid and offer of the S&P CME SP pit traded contract – quickly. When they say ’0 even bid at one half’, that could mean 1280.00 is the bid and 1280.50 is the offer. But could also mean, 1290.00 is the bid and 1290.50 is the offer. They are broadcasting tick for tick and must quote the figures to stay with the pit action. When the pit is packed and active they may just say, ’0 at half’ or ’20 bid at 70′. It is easy to follow along when looking at the ES chart and trades.
The prices you SEE in the video are the S&P e-mini (electronic symbol ES) Globex Dec 2008 contract. The prices you HEAR are the S&P CME (pit traded symbol SP) Pit Traded Dec 2008 contract. The two contracts trade within a tick or two of each other, during pit traded hours 8:30 – 15:15pm cst.
The pit traders are trading the SP and may trade the ES also. When they do, the broadcasters may say ‘they’re trading the mini’ or ‘they just sold/bought the mini’.
Click here for more information: http://www.cmegroup.com/trading/equity-index/us-index/e-mini-sandp500_FO.html
The subscribers of TradersAudio.com are listening to the SP contract trading Live in Chicago while watching the ES, another futures contract or stock on their computer.
*This is not trading advice. These videos are for informational, educational and entertainment purposes only. Full product information on the S&P 500 Futures is available at the CME website http://www.cmegroup.com – We are not a brokerage firm, we do not take trading orders, do not execute trades or manage customer accounts. The Squawk Box is not trading advice and provided for informational purposes only. No claims or representations of profitability are being made herein.
Author: tradersaudio
Keywords: stock market indicator emini squawk SnP futures forex commodities charts daytrading finance money
Added: September 29, 2008
Barack Obama and his ties to ex Weather Underground Members.
Progressivesforobama Progressives for Obama BarackObama.com Blog Blogspot Democratic Party War Room Bill Ayers Bernadine Dohrn Weather Underground New Party CAC Woods Fund McCain Debate Jib Jab Time for some campaignin video This Land Fox News CNBC CBS ABC Interview Sarah Palin John McCain Oprah Winfrey Ellen Today Show Matt Laurer Regis BarackObama.com Late Show Barack Obama Girl Crush on Yes We Can Dear Mr. Obama My Plans for 2008 Letterman top 10 O’Reilly Factor Roman Griffen Debate Convention Republican Democratic Marxist Communist Communism Socialist Socialism Marxism Saul Alinsky Frank Marshall Davis Palin Clinton SNL skit
Author: RomanReview
Keywords: Terrorism communism commentary analysis documentary grassroots outreach news political commercial
Added: September 29, 2008
http://www.EmploymentCrossing.com At this hour CNN and MSNBC are both reporting that the House vote on the $700 bailout deal is going to fail. At just after 2:05 pm EST, it is being confirmed that the House has voted down the bailout. The votes are 205 Yea and 227 Nay, with one No Vote. Republicans have voted 133 Nay, 65 Yea; Democrats voted 141 Yea, 94 Nay. The one No Vote is a Republican. The Dow has fallen 680 points on the news. The bills supporters are currently cornering representatives who voted no, in a desperate attempt to get a second vote on the bill. CNBC is reporting that there is “now no chance of passing this bill”.
Author: BFCrossing
Keywords: “video” “Bail Out” “$700 Billion” “Deal Voted Down” “CNN” “MSNBC” “205 Yea and 227 Nay” “Dow has fallen 680 points”
Added: September 29, 2008