3873Comments (22)http%3A%2F%2Fdealbreaker.com%2F2009%2F03%2Fthe-obama-portfolio-killin-it-3%2FThe+Obama+Portfolio%3A+Killin%27+It2009-03-23+21%3A22%3A42Bess+Levinhttp%3A%2F%2Fwp.dealbreaker.com%2F2009%2F03%2Fthe-obama-portfolio-killin-it-3%2F

1. 1
   Posted by guest | March 23, 2009 at 4:25 PM

   Not bad for the First Bottom Picker.

2. 2
   Posted by guest | March 23, 2009 at 4:28 PM

   What’s a toxic asset?

3. 3
   Posted by guest | March 23, 2009 at 4:31 PM

   whats it matter if the dollar is down 50%??!! wooooooooooo

4. 4
   Posted by guest | March 23, 2009 at 4:32 PM

   Awesome. I just need a few more weeks to stock up on .223 rounds, Cipro, and MREs. Keep up the good work, Bammy!

5. 5
   Posted by guest | March 23, 2009 at 4:41 PM

   dollar is down 50%? umm, no.

6. 6
   Posted by guest | March 23, 2009 at 4:41 PM

   go Obama! He is a superhero and he is always looking out for the lil guy.
   By “lil guy” I mean Geitner and by superhero I mean Meteor Man.

7. 7
   Posted by guest | March 23, 2009 at 4:42 PM

   @4…when did the dollar go down 50%…you must work for a no-name boutique firm or Madoff investments

8. 8
   Posted by guest | March 23, 2009 at 4:44 PM

   @2 – O is levered 10 to 1, so his results are much better…TO THE MOON!!

9. 9
   Posted by guest | March 23, 2009 at 4:47 PM

   the dollar isnt down 50% yet.. im saying it will do..

10. 10
    Posted by Lowly Assistant | March 23, 2009 at 4:47 PM

    Imperialism is the knew killing it, sons!
    http://www.guardian.co.uk/world/2009/mar/22/us-afghan-plan-to-bypass-karzai
    Wait, what? No one’s marching in D.C.?
    -Confused

11. 11
    Posted by Lowly Assistant | March 23, 2009 at 4:49 PM

    ^^^ [*new]
    I was (panting) so excited!

12. 12
    Posted by guest | March 23, 2009 at 5:31 PM

    This Treasury plan sucks. We go around and around, but few want to admit the unpleasant reality that the only way the toxic assets can be “cleansed” is if the borrowers actually somehow make their payments. Since that is massively unlikely, one or more parties will have to take a hit, bigger than has been acknowledged, and it is looking like it will be the government. Much of the pool of toxic assets is essentially just going to be rolled into the national debt. That may be good enough to provoke a rally on Wall Street, but the long-term implications for the dollar, as stated above, are not good. Furthermore, without regulatory changes, the banks will get right back into trouble within a decade (no, I don’t trust them to learn their lesson) and will have to be bailed out again, only not with funds borrowed from overseas investors but with the printing press.

13. 13
    Posted by guest | March 23, 2009 at 6:06 PM

    Getting taxed 90% is the new killin it

14. 14
    Posted by guest | March 23, 2009 at 6:22 PM

    @10 based on what? Oh is it because Eirope is doing sooo f’ing well? Or it must be the Indians? The dollar is declining against the rupee!! HELP!

15. 15
    Posted by guest | March 23, 2009 at 6:23 PM

    “Furthermore, without regulatory changes, the banks will get right back into trouble within a decade (no, I don’t trust them to learn their lesson) and will have to be bailed out again, only not with funds borrowed from overseas investors but with the printing press.”
    1. You underestimate the ability of capitalists to learn money-losing lessons.
    2. And those “regulatory changes” would be? How about repeal the CRA for one. Start there and I’ll wait.

16. 16
    Posted by guest | March 23, 2009 at 6:26 PM

    Once the loan modifications of government-purchased assets begin, Obama’s supporters will be proven right- he really did pay their mortgage.

17. 17
    Posted by guest | March 23, 2009 at 6:37 PM

    @16, “CRA”?

18. 18
    Posted by guest | March 23, 2009 at 7:27 PM

    @18, I believe he means the community reinvestment act.
    You know, Obama did say that 6500* was a good buy for those with a “long-term” investment horizon. I think that’s a strong enough CYA caveat that it mitigates the 16%-in-a-fortnight performance.
    *I realize the BHO portfolio is SPY; I don’t feel like looking up what it was that day.

19. 19
    Posted by guest | March 23, 2009 at 9:03 PM

    B. Hussein is one hell of a stock picker. Did Rham go long SPX or is this a suckers rally?

20. 20
    Posted by guest | March 23, 2009 at 9:44 PM

    Beware kool aid drinkers beware !

21. 21
    Posted by guest | March 24, 2009 at 2:21 AM

    “Posted by guest, Mar 23, 2009 9:03PM
    B. Hussein is one hell of a stock picker. Did Rham go long SPX or is this a suckers rally”
    Sucker Rally @ http://uncommonequity.com/?p=373

22. 22
    Posted by guest | March 24, 2009 at 9:13 AM

    He is the magic negro we have been looking for.