Thursday, October 22, 2009
WHAT I BELIEVE....
I believe in jobless recoveries.
I believe the DOW is undervalued at 10,000
I believe Timmy Geithner and Larry Summers are not Wall Street bag men.
I believe that American Banks are trying to help distressed homeowners get out of debt.
I believe that Wall Street firms still put women on pedestals.
I believe that credit default swaps are critical risk management tools best left unregulated.
I believe in unfettered free markets and financial self regulation.
I believe the Dotcom business model.
I believe in moron hazard.
I believe Glen Beck actually cries on camera.
I believe everything on Fox News and CNBC.
I believe the Heene family are being targeted by the Helium Balloon Lobby.
I believe Twitter will make money sooner than Facebook.
I believe ATM machines are smarter than bank tellers.
I believe Congress is not a corrupt racketeering enterprise.
I believe the LTCM blow up was an unexpected Black Swan event.
I believe hedge funds are transparent and better left unregulated.
I believe Chinese goods are safe and environmentally friendly.
I believe Sarah Palin is safe and environmentally friendly.
I believe Rush Limbaugh is widely misunderstood.
I believe the GOP will rise up and reclaim its rightful title as the party of idiots, sexual deviants and bigots.
I believe the Health Insurance Industry has America's best interests at heart.
I believe private inequity is the best way to restructure efficient businesses.
I believe markets police fraud.
I believe Bernie Madoff.
I believe Ivan Boesky was framed.
I believe flash orders, insider trading and high frequency trading are good for Wall Street.
I believe that Alan Greenspan is a wise economic sage.
I believe the Jints will meet the Jets in this year's Superbowl.
I believe bankers are underpaid and under appreciated.
I believe Dick Fuld was framed by naked aliens disguised as naked short sellers.
I believe AIG will pay it all back.
I believe 2 big 2 fail means 2 dumb 2 know better.
I believe Hank Paulsen never had a conflict of interest.
I believe everything Lloyd Blankfein says. Really I do.
I believe JP Morgan is a perpetual hall of Saints.
I believe that whats good for Goldman Bozos is good for Goldman Bozos.
I believe Wall Street will make sure Ronald Reagan finally does succeed in making America what it once was...
WilliamBanzai7
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