Just some stuff heard on the ‘net.br /br /Everybody on the other side of the boat…br /(Len Smith, commenting that everyone went from bear to bull in a flash)br /br /Regarding “A recession is IMPOSSIBLE” quote, Pete Kendall said: It is one of several offering the same sentiment — looks an awful lot like a recession but it can’t be. LA Times version even offers headline that says, “This Time is Different.”br /br /There is simply no justification of a US economic renaissance. Hoaxenomics has blinded the American people to how serious the situation is and the economy is simply to far down the track for it to rise like a phoenix from here. The US is in a state of delusion common in all empires just before their fallbr /(Craig Tindale)br /br /span style=”font-family:Arial;font-size:100%;”(Bernanke) has yet to learn that buying time with bailouts is /spanspan style=”font-family:Arial;font-size:100%;”not the same as solving the crisis. The fact remains… they are still in crash-prevention /spanspan style=”font-family:Arial;font-size:100%;”mode./spanspan style=”font-family:Arial;font-size:100%;” The “Bear” bailout is bordering on illegal and may have to do with phantom”Level 3″/spanspan style=”font-family:Arial;font-size:100%;” assets gone worthless causing the “beginning” of the latest derivatives implosion in the /spanspan style=”font-size:100%;”history of financial markets when coupled with worthless AAA wallpaper…/span.br /divspan style=”font-family:Arial;font-size:85%;”span style=”font-size:100%;”(Al Marchione)br /br /The bang at the bottom. Every bear market ended when a financial company was banged.br /(Jim Cramer)br /br /Is it any wonder I am still a bear.br //span/span/div