PREZZA PAULSONs PERFECT PLAN

stardate : capitulation day+4

BBC : US banks make shock status switch

"The last two major investment banks in the US have changed their status to become bank holding companies, allowing them to take deposits from investors.

The move - part of a huge restructuring effort on Wall Street - will also give them access to Federal Reserve support."

Bloomberg : Dollar May Get `Crushed' as Traders Weigh Up Bailout

Treasury Secretary Henry Paulson's plan to end the rout in U.S. financial markets may derail the dollar's three-month rally as investors weigh the costs of the rescue.

The combination of spending $700 billion on soured mortgage-related assets and providing $400 billion to guarantee money-market mutual funds will boost U.S. borrowing as much as $1 trillion, according to Barclays Capital interest-rate strategist Michael Pond in New York. While the rescue may restore investor confidence to battered financial markets, traders will again focus on the twin budget and current-account deficits and negative real U.S. interest rates.

``As we get to the other side of this, the dollar will get crushed,'' said John Taylor, chairman of New York-based International Foreign Exchange Concepts Inc., the world's biggest currency hedge-fund firm, which manages about $15 billion...."

Bloomberg : Commodities Bottom as Speculators Vanish After Slump

"The worst may be over for commodities after the steepest rout since at least 1956 drove out speculators and the U.S. government unveiled a plan to end the worst credit-market seizure since the Great Depression.

The Standard & Poor's GSCI Index of commodities had the biggest three-day gain in 18 years, surging 8.4 percent through Sept. 19, the day U.S. Treasury Secretary Henry Paulson said the government will spend ``hundreds of billions'' to cleanse banks of mortgage-related assets. Crude oil rose 6.8 percent that day, while wheat and copper gained 3.6 percent...."

petey : will a falling dollar cause rising oil and commodities prices?

will this help the alleged recession?

new pigs inna trough man!

gold goin mad innit!...capitulation day postponed...innit!....fat lady gotta sock inner mouth........ fo nah...innit...!

p.s. don fo get a disclaimer atta top o a page...(don blame me fo doin stupid things..)