Wednesday, March 18, 2009

The bears just don't get it, and neither do the reporters

At least that's what they want us to believe.

Joe Weisenthal over at argues that limiting credit default swaps will just cause pressures in other areas of the market.

That bearish viewpoint is just ridiculous.

It will however, cause pressure in one area.

The upward pressure on stock prices.

I guess the bears and the shorts don't want that!

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