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Are You SITTING DOWN Folks?
The Market Ticker ^ | 2/10/10 | Karl Denninger

Posted on 02/10/2010 2:53:22 PM PST by FromLori

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Remember obama left $6.3 million of this toxic crap out of his budget!

http://www.zerohedge.com/article/obamas-budget-has-one-small-missing-piece-63-trillion-dollars

1 posted on 02/10/2010 2:53:22 PM PST by FromLori
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To: FromLori

As I said last night, it’s gonna be a bumpy ride to the bottom.


2 posted on 02/10/2010 2:56:13 PM PST by exnavy (may the streets run red with the blood of tyrants, and may the Lord have mercy on us)
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To: perchprism; LomanBill; JDoutrider; tired1; Maine Mariner; demsux; April Lexington; Marty62; ...

ping

related

http://www.zerohedge.com/article/obamas-budget-has-one-small-missing-piece-63-trillion-dollars

also you should read this

http://www.zerohedge.com/article/enter-cede-co-ii-fed-now-backstopping-25-trillion-dtcc-cleared-credit-default-swaps


3 posted on 02/10/2010 2:56:52 PM PST by FromLori (FromLori)
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To: FromLori

Just the Ameriquest fraud would fill every jail we have.


4 posted on 02/10/2010 2:56:58 PM PST by 2ndDivisionVet (I will raise $2 million for Sarah Palin: What will you do?)
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To: onyx; STARWISE; Liz; maggief; Bahbah

How does this fit into all the other things going on?


5 posted on 02/10/2010 2:57:56 PM PST by hoosiermama (ONLY DEAD FISH GO WITH THE FLOW.......I am swimming with Sarahcudah! Sarah has read the tealeaves.)
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To: FromLori

Bump! Sure wish I knew someplace safe for a few $$$ - and no its not just gold! ;-)


6 posted on 02/10/2010 2:59:00 PM PST by Tunehead54 (Nothing funny here ;-)
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To: FromLori

7 posted on 02/10/2010 3:00:21 PM PST by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: Kartographer

Is that an official White House photo?


8 posted on 02/10/2010 3:01:26 PM PST by reagan_fanatic (The liberals are asking us to give Obama more time. Is 25 to life enough?)
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To: FromLori

Obama gave Freddie and Fannie blank checks a couple of weeks ago. With no strings or requirements to pay it back. I guess you had to read the WSJ to know that. The other news outlets were covering his speech attacking the private banks.


9 posted on 02/10/2010 3:02:04 PM PST by Deb (Beat him, strip him and bring him to my tent!)
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To: reagan_fanatic
Yes this is the administrations newest stimulus plan.

10 posted on 02/10/2010 3:03:24 PM PST by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: FromLori

$6.3 million, or $63 trillion ?


11 posted on 02/10/2010 3:06:46 PM PST by UCANSEE2
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To: FromLori

Our Government: Spending money like the world is gonna end Feb-11.


12 posted on 02/10/2010 3:08:20 PM PST by UCANSEE2
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To: UCANSEE2

To late it ended on Tuesday, January 20, 2009, we just didn’t know it.


13 posted on 02/10/2010 3:11:54 PM PST by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: Tunehead54

Buy treasuries. The yiels sucks but the dollar is still the safe haven currency.

Besides, if the USA actually does fall and cannot meet it’s obligations, it won’t matter where you have your money.


14 posted on 02/10/2010 3:12:16 PM PST by 101voodoo
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To: sofaman

Bump


15 posted on 02/10/2010 3:13:31 PM PST by sofaman ( "Authority poisons everybody who takes authority on himself. " Golda Meir)
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To: FromLori

THIS explains Bernacke’s rate-hike warning...
The government needs to sell a BUNCH OF DEBT, fast...


16 posted on 02/10/2010 3:13:56 PM PST by tcrlaf (Obama White House=Tammany Hall on the National Mall)
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To: UCANSEE2

$6.3 Trillion


17 posted on 02/10/2010 3:17:37 PM PST by FromLori (FromLori)
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To: Kartographer

>>To late it ended on Tuesday, January 20, 2009, we just didn’t know it.<<

I started saying, in April of 2009, that the US is a dead country walking. Nobody - not even Sarah Palin - can get us out of this mess. It will just have to happen and we can pick up the pieces afterward. And most of the rest of the world is going down with us. Maybe Greece will be first, followed by Spain. Whatever happened to Iceland?


18 posted on 02/10/2010 3:18:02 PM PST by RobRoy (The US today: Revelation 18:4)
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To: FromLori

$6.3 TRILLION I think you mean.


19 posted on 02/10/2010 3:18:38 PM PST by Moorka
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To: FromLori

ping


20 posted on 02/10/2010 3:19:14 PM PST by celmak
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