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Monday, November 24, 2008

The Broker

Anyone who entered the swiss frank and corn trades when i first suggested could have existed those trades today with a profit.
SAVING THE AUTOMOBILE INDUSTRY Its the only way to rescue the enomomy. It must be nationalized. The Obama camp is giving signals that is unlikely to happen. So it dosent look good for the auto industry right now or the long term future for the economy. Present management of the auto companies must be forced out. Private ownership just hasnt worked. There will be dire consequneces for the United States if the automobile industry isnt rescured quickley.
A COLLAPSE OF THE DOLLAR If more and more banks go under and are bailed out by the government the american dollar will collapse. Bailing out people that dont deserve it is bad policy. Bailing out banks like Citicorp is wasting money
GOOD DAY