MASTER LIMITED PARTNERSHIPS

Monday, September 29, 2008

Nancy Pelosi apparently gave such a partisan speech on the floor that pissed off republicans and 10 votes switched. Isn't that special!!!

Dow down 550. Mlps down 16. Enjoy the crash!

11 comments:

Anonymous said...: As bad as it is, I expect things to get worse. There is no leadership in this country. Nobody is driving the bus...; 9/29/2008 2:52 PM
Anonymous said...: Expect NCC, SOV, + a couple other regional banks to fail by the end of the week.

HS; 9/29/2008 2:59 PM
Anonymous said...: HS: No doubt about it...; 9/29/2008 3:00 PM
Anonymous said...: Joe:

Please do a poll. When do you think the AMZ will cross back over 300? 2009, 2010, 2011, 2012 or later?; 9/29/2008 3:01 PM
Anonymous said...: anyone buying anything? i am thinking of letting a few treasuries go and buy some epd maybe? i'm already loaded up with mwe so maybe i should look outside of mlp land though; 9/29/2008 3:01 PM
Anonymous said...: Nancy hurt some Republican feelings, so they voted against the U.S...

Give mew a break!!!!!!!!!!; 9/29/2008 3:17 PM
Anonymous said...: I guess in a Bear market, all news is bad.

HS; 9/29/2008 3:23 PM
Anonymous said...: Pelosi demonstrated her true colors by roiling the process with her stupid comments. Republicans again demonstrated their ineptitude by taking the bait. We are on our own here. The pols are completely out of their depth. Do what you need to do to protect yourselves.; 9/29/2008 3:24 PM
Anonymous said...: Cramer looks like he ate a fistful of ludes.; 9/29/2008 3:33 PM
Anonymous said...: Republicans were born pissed off.; 9/29/2008 3:35 PM
Anonymous said...: The truth is that both Paulson's and Bernanke's policy errors exacerbated this mess with their mantra of "Moral Hazard" since Sept. 8.

It's sort of being pissed at your neighbor for borrowing you garden hose to water his lawn, vowing never to lend it to him again, and sticking to that vow when his house catches fire.

You fixed the "Moral Hazard" issue at too high a price.

Of course there were 20 years of bi-partisan malfeasance on the regulatory regualtion failure.

Like Bush's less than credible pronouncements on how the Iraq war was going ( prior to the surge ), Paulson + Bernanke have lost much of their credibility by talking of the fundimental strenght of the economy for so long, when it has been increasingly obvious that that's not the case.

Furthermore, Paulson + bernanke caused the acute crisis gambling that congress would only act proactively in a crisis.

So far it looks like they bet wrong.

HS; 9/29/2008 3:50 PM