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Also, I must add that the other nations that hold dollars would get PISSED if this was implemented. They know what this entails and it would cause a run on the dollar. All it takes is someone like China to say "F' this" and unleash billions on the market by gobbling up assets or dumping it on...

This plan hinges on one thing only: confidence. If the public believes that housing will go up again, and starts buying houses at current prices to unfreeze the current market, then the PPT achieves their goal. Stock Market goes up, troubled banks go back to business as usual, jobs are...

I am. I put some trades in today that should be registering my losses shortly ;)

A funny video for the gold bugs <object width="325" height="250"><embed src="http://www.youtube.com/v/youtube" type="application/x-shockwave-flash" width="325" height="250"></embed></object>

The implementation of this plan is highly inflationary.

Hank Paulson beckons. I feel much more confident. <img src="http://www.rarefactor.com/images/financial_headline.jpg" alt="" />

I'm speechless.... <a href="http://themessthatgreenspanmade.blogspot.com/2008/09/sorry-about-that-college-money-boys.html">http://themessthatgreenspanmade.blogspot.com/2008/09/sorry-about-that-college-money-boys.html</a>