Global Credit Crisis makes front page

Take a look at the front page of the San Diego Union today. A picture of the world and below that a picture of traders glued to a falling stock market and Headlines saying Expanding credit crisis has gone truly global. The sub headline reads More markets slip:investors fear a worldwide recession. Makes you want to play it safe doesn't it. Just like the experts say be safe with your money be very careful now. Jim Cramer says get out if you need the money in the next 5 years.
These "experts" and financial folks have been telling you for the last 3 years don't worry invest for the long term and now after you lose 30% you are suppose to be safe. What is wrong with this picture. I have been short or out of this thing until the last few weeks. I am beginning the process of buying cheap assets. I don't know when I will make money that is unknowable but I do expect to make money.
The time to invest is now not everything but start the process now. The market looked like it reversed yesterday and is selling off today. The situation looks hopeless now it is out of control even the FED is helpless.This picture can look hopeless for weeks to come but these are good prices and the news at some point will offer hope.
The 700 billion bailout was passed and it will make a big difference. The market and the experts are trying to tell you otherwise now. What is very interesting is that the Treasury is going to auction off alot of debt in the next few weeks and guess what "investors are going to gobble the bonds up because....they want to be safe. Funny how that works when you want to sell bond trash a few banks Globally and drive panic depositors into your Bond sale under the guise of safety. That my friends is what is happening.
The bottom line is I don't want to be safe and I would not buy those bonds with your money. Why because at some point in the future when the sun comes out, and it will come out, the interest rates will rise and every investor that bought those bonds with a 3% yield will say "what was I thinking". Why did I sell my stock and buy those bonds. Well you will know if you SAVE TODAY'S FRONT PAGE OF THE UNION TRIBUNE.

What I am telling you here is that Lehman Bros was a designed event it did not have to happen they could have saved this company like they did Bear Stearns. I am also saying that Washington Mutial seizure was a staged event by the Fed and JP Morgan..a major shareholder of the Federal Reserve Bank. These and other siezures were created to dive money into the bond market. To drive interest rates lower so the Treasury, certain large banks could buy bank deposits for pennies on the dollar and sell debt cheaply to kick start the next recovery. They stole these banks and in the process staged a financial panic.
It appears to the outsider that this situations is out of control as the article suggest on the front page. It is not out of control it is fully under control. It is proceeding according to the plan and it will be very successful.
If you look at the larger picture it all makes sense. Save this blog and read it later because I know now that it will not make sense to you

As I have said before don't bet against this "bailout" not working that would be a big mistake. I tell it like it is!
The beat goes on......MIkey

Added to MS buy at 18.25 1/4 position today what a gift.