Friday, February 27, 2009

Karl Denninger provides our President with some weekend advice

I just love this guy!


"President Obama and the rest of the clown-car brigade in Washington DC - you have until Sunday Night when the Asian Markets open before this last charade likely translates over into those markets."

"If that happens, and Europe has another day like it did today, the odds are we will open down so far off the support levels that were breached today that we will simply have no bid in large parts of the market - quite possibly including Treasuries and equities."

The Market Ticker - Our Tier 1 Ratio is Strong!

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