CMKX - OT - Just One More Question...

Sorry to bother you Mr. Obama, Sir...


Excuse me Mr. Obama, I mean Senator Obama, sir. Um .. know you are busy and important and stuff. I mean running for president is very important and . . . ah . .. . I hate to bother you. I will only take a minute ok, sir?

See, I have these missing pieces that are holding me up, and I was wondering sir, if you could take time out of your busy schedule and help me out. You know, no big deal, just some loose ends and things.

I can't seem to get some information I need to wrap this up. These things seem to either be "locked" or "not available'. I'm sure it's just some oversight or glitch or something, so if you could you tell me where these things are .. I . . I . . . have them written down here somewhere . . . oh wait. Sorry about the smears. It was raining out. I'll just read it to you.

Could you help me please find these things, sir?

1. Occidental College records -- Not released
2. Columbia College records -- Not released
3. Columbia Thesis paper -- not available, locked down by faculty
4. Harvard College records -- Not released, locked down by faculty
5. Selective Service Registration -- Not released
6. Medical records -- Not released
7. Illinois State Senate schedule -- "not available"
8. Law practice client list -- Not released
9. Certified Copy of original Birth certificate - - Not released
10. Embossed, signed paper Certification of Live Birth -- Not released
11. Harvard Law Review articles published -- None
12. University of Chicago scholarly articles -- None
13 Your Record of baptism-- Not released or "not available"
14 Your Illinois State Senate records--"not available"

You couldn't get a job at McDonalds and become district manager after 143 days of experience.

You couldn't become chief of surgery after 143 days of experience of being a surgeon.

You couldn't get a job as a teacher and be the superintendent after 143 days of experience.

You couldn't join the military and become a colonel after 143 days of experience.

You couldn't get a job as a reporter and become the nightly news anchor after 143 days of experience.

BUT....

'From the time Barack Obama was sworn in as a United State Senator, to the time he announced he was forming a Presidential exploratory committee, he logged 143 days of experience in the Senate. That's how many days the Senate was actually in session and working. After 143 days of work experience, Obama believed he was ready to be Commander In Chief, Leader of the Free World .... 143 days.

We all have to start somewhere. The senate is a good start, but after 143 days, that's all it is - a start.

AND, strangely, a large sector of the American public is okay with this and campaigning for him. We wouldn't accept this in our own line of work, yet some are okay with this for the President of the United States of America ?

Come on folks, we are not voting for the next American Idol!

CMKX -- OT -- It's Almost Election Day... World History 101 Review...

For those who slept through World History 101......
Here is a condensed version.

Humans originally existed as members of small bands of nomadic hunters/gatherers. They lived on deer in the mountains during the summer and would go to the coast and live on fish and lobster in the winter.

The two most important events in all of history were:

1. The invention of beer, and

2. The invention of the wheel. The wheel was invented to get man to the beer, and the beer to the man.

These facts formed the foundation of modern civilization and together were the catalyst for the splitting of humanity into two distinct subgroups:

1. Liberals
2. Conservatives.

Once beer was discovered, it required grain and that was the beginning of agriculture. Neither the glass bottle nor aluminum can were invented yet, so while our early humans were sitting around waiting for them to be invented, they just stayed close to the brewery. That's how villages were formed. Some men spent their days tracking and killing animals to B B Q at night while they were drinking beer. This was the beginning of what is known as the Conservative movement.

Other men who were weaker and less skilled at hunting learned to live off the conservatives by showing up for the nightly BBQ's and doing the sewing, fetching, and hair dressing. This was the beginning of the Liberal movement. Some of these liberal men eventually evolved into women. The rest became known as girlie-men.

Some noteworthy liberal achievements include the domestication of cats, the invention of group therapy and group hugs, the evolution of the Hollywood actor, and the concept of Democratic voting to decide how to divide all the meat and beer that conservatives provided. Over the years, Conservatives came to be symbolized by the largest, most powerful land animal on earth, the elephant. Liberals are symbolized by the jackass.

Modern liberals like imported beer (with lime added), but most prefer white wine or imported bottled water. They eat raw fish but like their beef well done. Sushi, tofu, and French food are standard liberal fare. Another interesting evolutionary side note: most of liberal women have higher testosterone levels than their men. Most social workers, personal injury attorneys, journalists, dreamers in Hollywood and group therapists are liberals. Liberals invented the designated hitter rule because it wasn't fair to make the pitcher also bat.

Conservatives drink domestic beer. They eat red meat and still provide for their women. Conservatives are big-game hunters, rodeo cowboys, lumberjacks, construction workers, firemen, medical doctors, police officers, corporate executives, athletes, Marines, and generally anyone who works productively. Conservatives who own companies hire other conservatives who want to work for a living.

Liberals produce little or nothing. They like to govern the producers and decide what to do with the production. Liberals believe Europeans are more enlightened than Americans. That is why most of the liberals remained in Europe when conservatives were coming to America . They crept in after the Wild West was tamed and created a business of trying to get more for nothing.

Here ends today's lesson in world history.......

CMKX - "Ends With CITI...??"

247wallst.com

Citigroup (C) Won't Make It

Citigroup (C) is not going to make it, at least not as an independent company. The FT has reported that the head of Goldman Sachs (GS) called Citigroup CEO Vikram Pandit to discuss a merger. Goldman had converted itself into a commercial bank. Maybe it was worried it would go the way of Morgan Stanley (MS). But, the Treasury has come up with capital for all the big financial firms, so the urge to do something has probably passed for the world's premier investment bank.

It is different for Citigroup. There things have gone from bad to worse.

Citigroup is not likely to make it as an independent company. It will not be a buyer. It will be sold.

If the bank's stock price and analysts covering the company are right, Citi's fate could be determined by the end of the year. Over the last month, shares in the bank are down by 40%. Rival JPMorgan (JPM) is off 2%. Wells Fargo (WFC) is up 10%. Citi's market cap is down to $66 billion. Bank of America's is nearly $100 billion.
In the last quarter Citi lost $2.8 billion, or $.60 per share, compared with a profit of $2.2 billion, or $.44, in the period a year ago. Revenue fell 23% to $16.7 billion

Bank analyst Meredith Whitney, who has been right more often than not on bank stocks, says that troubles in Citi's consumer group will drive up its losses more than expected. She cut her earnings estimates on the bank to a 2008 loss of $2.87 per share and a loss of $2.65 in 2009. Citi may not have the capital to cover those losses even with the government's cash injection.

What Whitney did not factor in just a week ago is that the credit crisis and signals of a recession have become much worse in a matter of days. Mortgage defaults are likely to rise more sharply then they have been as people lose jobs. The consumer's ability to pay his credit cards debt will deteriorate sharply. Citi's investment banking business is dead as a doornail. Most LBO loans are dropping in value as each week passes.

Citi will not report Q4 earnings for almost three months. It may run into awful trouble before that. The Fed and Treasury are going to have to find a merger candidate. Most likely that will be JP Morgan (JPM) because Bank of America (BAC) and Wells Fargo (WFC) are already digesting big acquisitions. Or, the government may turn around and take a majority stake in the money center bank the way it did with AIG (AIG) where it has already provided $90 billion in loans.

Vikram Pandit will have failed. It may take a little while for that to become absolutely clear, but Wall St. can take it to the bank. Or, maybe not.

Douglas A. McIntyre

CMKX --- CMKM Diamonds Inc. Recap.... Starts With CITI...??

---------------------------------------------------------------------------
Q: hey acca you always said .. starts with citi and ends with citi.
Are we waiting on the citi?

A: Now does everybody understand what does citi group mean, citigroup financial?
lets get something straight here.
that, they are the reason why you are going to be paid the amount you are going to get paid. that’s it. all i have to say.

the demise of citi group. once that happens .. the gates will open for cmkx.

Q: is the demise of citi group the event that we have been talking about for years?
you always said its event driven.. is that the event?

A: i have to answer yes.
---------------------------------------------------------------------------
Bloomberg.com - Citigroup Quote

Citigroup... Today $12.14 Down .97 - 7.399 %

Citigroup Down 72 % from 52 week high...!! $12.14 / $43.11
---------------------------------------------------------------------------
ISN'T 72% DOWN A 'DEMISE'...?? HOW MUCH LONGER...??

CMKX - Some Polls Show Presidential Race Tightening...

Obama Holds National Lead as Some Polls Show Presidential Race Tightening

Bloomberg.com

By Catherine Dodge and Christopher Stern

Oct. 23 (Bloomberg) -- Barack Obama is holding an average lead of 7 percentage points over John McCain nationally even as some polls show the race tightening 12 days before the election.

More than a dozen national polls have been released this week showing the margin in the presidential race ranging from 1 percentage point to 14 points.

Three surveys -- from the Associated Press-GfK, George Washington University and an Investors Business Daily/TIPP poll - - show McCain closing the gap with Obama.

The AP poll puts Obama at 44 percent to McCain's 43 percent, compared with a 7 percentage point advantage for Obama in their September survey. The GW Battleground poll showed Obama's edge at 2 points, down from 7 points in the middle of October, while the IDB/TIPP tracking survey has the margin for the Democrat narrowing to 1 point from 5 points at the start of the week.

Other polls, including those by Fox News, the Wall Street Journal/NBC, and Gallup show Obama either holding or expanding his lead over McCain. The average of 14 national polls taken between Oct. 16 and Oct. 22 is just over 7 percentage points, according to data compiled by Realclearpolitics.com. The gap has increased steadily since mid-September.

Poll results can vary because researchers use different methods and assumptions for defining likely voters, said Karlyn Bowman, who tracks polling at the American Enterprise Institute in Washington. Differences in how questions are asked and how much respondents are pushed in one direction or another can also cause discrepancies, she said.

Timing

Ed Goeas, a Republican pollster who supervised the GW poll with Democratic pollster Celinda Lake, said the timing of the poll also can affect results. The GW poll didn't survey people on Friday and Saturday nights.

``I think there are a lot of the harder core Republicans that are family adults that just will not engage in polling over the weekend,'' Goeas said.

In addition, some pollsters have an ``unrealistic'' expectation that the youth vote will dramatically increase this year, he said. Younger voters tend to be Obama voters by large margins.

Because the presidency isn't won directly by popular vote, Obama and McCain are waging a state-by-state battle to get the 270 Electoral College votes needed to claim the White House. The states have electoral votes equal to their representation in Congress. Washington D.C. gets three electoral votes.

Battlegrounds

Obama leads McCain, an Arizona Republican, in the key battleground states of Florida, Ohio and Pennsylvania, according to a Quinnipiac University poll. The three states combined have 68 electoral votes and have played a central role in recent elections.

Obama is ahead by 5 percentage points in Florida, 14 in Ohio and 13 in Pennsylvania, the surveys, conducted Oct. 16-21 found.

McCain has narrowed Obama's lead in Florida from three weeks ago, but fell further behind in Ohio as concerns about the economy continue to shape voters' views, the polls found. Ohio and Florida both went to Republican President George W. Bush in the last two elections, while Pennsylvania gave its 21 electoral votes to the Democratic candidate both times.

If the numbers hold up, Obama ``could win the biggest Democratic landslide since Lyndon Johnson in 1964,'' Peter Brown, assistant director of Hamden, Connecticut-based Quinnipiac University Polling Institute, said in a statement.

The Florida and Pennsylvania polls have a margin of error of plus or minus 2.6 percentage points, while the Ohio poll has an error margin of plus or minus 2.7 points.

Nevada, North Carolina

Polls by CNN and Opinion Research also showed the Democrat ahead in Nevada, North Carolina and Virginia, while McCain holds a lead in West Virginia. Obama also led in Ohio in the CNN survey.

Virginia hasn't gone for a Democratic presidential candidate since 1964 and North Carolina last gave its electoral votes to a Democrat in 1976. Nevada has voted for the Republican in eight of the last 10 elections.

The CNN polls found Obama ahead by 5 percentage points among likely voters in Nevada, 4 points in North Carolina and Ohio, and 10 points in Virginia. McCain leads in West Virginia, which was won by Bush in 2000 and 2004, by 9 percentage points.

The CNN state polls have a margin of error of plus or minus 3.5 percentage points for surveys in Nevada and Ohio and 4 percentage points in the other three states.

To contact the reporter on this story: Catherine Dodge in Washington at cdodge1@bloomberg.net; Christopher Stern in Washington at cstern3@bloomberg.net

Last Updated: October 23, 2008 16:15 EDT

CMKX - Have No Fear... All Is Well...??

Bloomberg.com

Economy

Argentine Default Looms as Seizure of Private Pensions Roils Bonds, Stocks
Argentina's planned seizure of $29 billion of private pension funds stoked concern the nation is headed for its second default in a decade.

Bank of England Voted Unanimously for Emergency Half-Point Rate Reduction
Bank of England policy makers voted unanimously to lower the benchmark interest rate by the most since 2001 in an emergency meeting this month on signs that Britain had entered a recession.

Hungary Increases Key Rate to 11.5% in Emergency Measure to Defend Forint
Hungary raised its benchmark interest rate by 3 percentage points, the biggest increase in five years, and pledged measures to shore up the economy after steps to halt the flight of investors failed.

King Says Bank of England Will Act `Promptly' as Recession Seems Likely
Bank of England Governor Mervyn King said Britain's worst banking crisis since World War I is likely to push the economy into a recession, requiring policy makers to act ``promptly'' to prevent inflation from slowing too much.

New Home Sales in U.S. Will Decline by 12% Next Year, Mortgage Bankers Say
U.S. new-home sales will fall 12 percent next year as housing starts drop by a record, Mortgage Bankers Association Chief Economist Jay Brinkmann said.

Bank of Japan May Pay Interest on Deposit Reserves, Morgan Stanley Says
The Bank of Japan may announce next week that it will start paying interest on reserves lenders deposit at the central bank to counter the global financial turmoil, Morgan Stanley said.

New Zealand May Slash Benchmark Rate By Record 100 Basis Points Tomorrow
New Zealand central bank Governor Alan Bollard will probably cut interest rates tomorrow by a record amount to limit damage from the global financial crisis.

Brown Predicts First U.K. Recession Since Labour Came to Power in 1997
Prime Minister Gordon Brown predicted the U.K. will slip into a recession for the first time since he took charge of Britain's finances in 1997.

Paulson Plans to Buy Mortgages, Use `Leverage' to Aid Struggling Borrowers
Treasury Secretary Henry Paulson aims to intensify efforts to stem record mortgage foreclosures, using part of the government's $700 billion financial-rescue fund to purchase home loans.

Barney Frank Wields Bailout Clout to Restrain Private Equity, Hedge Funds
U.S. Representative Barney Frank is walking through Statuary Hall in the Capitol, a portrait of rumples and wrinkles. His left shirttail hangs out over his belt. Reporters and photographers are hounding him. Cameras are whirring. Questions are being shouted.

Bank of England Voted Unanimously for Emergency Rate Cut: Table of the Day
The following table details the changes in the Bank of England's benchmark interest rate.


Fed Watch

Fed Will Provide $540 Billion to Help Money-Market Funds Meet Redemptions
The Federal Reserve will provide up to $540 billion in loans to help relieve pressure on money-market mutual funds beset by redemptions.

Bernanke Backs Consideration of Second Stimulus Package on `Weak' Outlook
Federal Reserve Chairman Ben S. Bernanke endorsed additional fiscal stimulus, saying the credit crunch is ``hitting home'' as Americans find it harder to get loans, threatening a prolonged economic slump.

Fed's Lockhart Says U.S. Weakness to Persist, Easing Inflationary Pressure
The continuing freeze in credit markets will result in weak U.S. economic growth well into next year while dampening inflationary pressures, said Dennis Lockhart, president of the Federal Reserve Bank of Atlanta.

CMKX - Goldman... Citigroup Is a Sell...!! Starts With CITI...??

Acca MP3, Oct.10/08

Q: hey acca you always said .. starts with citi and ends with citi.
Are we waiting on the citi?

Q: acca does the current banking fiasco have any bearing on us getting paid?

A: as i said before i want to say no. Now does everybody understand what does citi group mean, citigroup financial?
lets get something straight here.
that, they are the reason why you are going to be paid the amount you are going to get paid. that’s it. all i have to say.

the demise of citi group. once that happens .. the gates will open for cmkx.

Q; is the demise of citi group the event that we have been talking about for years?
you always said its event driven.. is that the event?

A: i have to answer yes.

Citigroup Is a Sell
Bloomberg.com

Citigroup May Not Report Profit Until Late 2009, Goldman Says

By Jeff Kearns

Oct. 21 (Bloomberg) -- Citigroup Inc., the second-largest U.S. bank, may not be able to report a profit until the second half of 2009 because of worsening credit conditions, said Goldman Sachs Group Inc., which reinstated the shares at ``sell.''

``It will be difficult for Citi to generate profitability over the next 12 months as additional write-downs, lower levels of capital markets activity, and further deterioration in credit quality trends will continue to weigh on the firm's operating results and capital ratios,'' analyst William Tanona wrote.

Citigroup slipped 3.6 percent to $14.55 at 8:23 a.m. in New York. Before today, the shares had lost 49 percent this year.

The analyst added Citigroup to Goldman's ``Americas Conviction Sell List.''

To contact the reporter on this story: Jeff Kearns in New York at jkearns3@bloomberg.net.

Last Updated: October 21, 2008 08:34 EDT

UPDATE 1-Goldman Sachs recommends "sell" on Citigroup
Reuters.com

Tue Oct 21, 2008 8:39am EDT

Oct 21 (Reuters) - Goldman Sachs reinstated Citigroup Inc (C.N: Quote, Profile, Research, Stock Buzz) with a "sell" rating and recommended a "paired" trade in which investors sell Citigroup short, betting on a decline, and buy Morgan Stanley (MS.N: Quote, Profile, Research, Stock Buzz) shares.

Shares of Citigroup, the giant U.S. bank, fell 4 percent to $14.45 in trading before the bell.

"We believe weak economic data will keep the stock under pressure over the next six months and it is tough to see why the stock would head higher over this period," analyst William Tanona said in a note to clients.

Adding Citigroup to Americas Conviction Sell list, Tanona said it will be difficult for the company to generate profitability over the next 12 months primarily due to additional write-downs and deteriorating credit market.

Tanona has a six month price target of $11 on Citigroup.

On Morgan Stanley, the analyst said the company has very limited exposure to consumer credit, which is an area the brokerage believes will provide the most significant headwinds for Citigroup in 2009.

Morgan Stanley will generate profits over the next four quarters, thus adding to its capital base, whereas Citigroup will lose money, thus reducing its capital base, Tanona added. (Reporting by Sweta Singh in Bangalore, Editing by Dinesh Nair)

CMKX - This Stuff Just NEVER Gets OLD...

Oct 14, 2008, 9:23pm
Q - Are we still looking for an SEC release or simply something in the mail?
Is everything ready to go?
A - Mail, Everything Is Great!!

Oct 14, 2008, 8:56pm
Q - Is election day the line in the sand?
A - I Think The Latest Possible Date Would Be In November!

Well, Maybe Just A Tad OLD...

04 Apr 2005, 07:55 PM EDT
Just A Delay People, Deals Of This Magnitude Often Have Delays! Either You Believe, Or You Don't, It's That Simple!! It Will Come, Just Have The Faith, If You Don't Believe Then Move On Very Simple!



Can 3 1/2 YEARS be considered "Just A Delay" ??????

CMKX - CMKM Diamonds Inc. Rescue/Bailout/Payment Plan...!!

*** ATTENTION *** *** ATTENTION *** *** ATTENTION ***

*** WEEKEND MEETING AT WHITE HOUSE ***

President Bush... Secretary Paulson...
Chairman Bernanke... Chairman Cox...
International Monetary Fund...
G7 Finance Ministers and Central Bankers

* Please Just Pay 40,000 - 60,000 CMKX Shareholders NOW...!! *

40,000 - 60,000 Mortgages Paid Off...!!

40,000 - 60,000 New Homes Purchased With CASH...!!

40,000 - 60,000 Vacation Homes Purchased With CASH...!!

50,000 - 100,000 Car Loans Paid Off...!!

50,000 - 100,000 New Cars Purchased With CASH...!!

80,000 - 120,000 College Loans And Tuition Paid Off...!!

40,000 - 60,000 Families Paying More Taxes...!!

40,000 - 60,000 Families Spending A TON OF MONEY...!!

So PLEASE Put An End To This Financial Turmoil...

* Please Just Pay 40,000 - 60,000 CMKX Shareholders NOW...!! *

coxc@sec.gov,
chairmanoffice@sec.gov,
tradingandmarkets@sec.gov,
oig@sec.gov,
newyork@sec.gov,
losangeles@sec.gov,
enforcement@sec.gov,
oiea@sec.gov,
publicinfo@sec.gov,
help@sec.gov,
mccoyj@sec.gov,
whitem@sec.gov,
hakalal@sec.gov,
tysonr@sec.gov,
thomsenl@sec.gov,
cmkmdiamonds@sec.gov

CMKX - Bush Says U.S. Using `Wide Range of Tools' on Crisis...

Bloomberg.com

Bush Says U.S. Using `Wide Range of Tools' on Crisis (Update1)

By Demian McLean and Catherine Dodge

Oct. 10 (Bloomberg) -- President George W. Bush said the U.S. government will ``aggressively'' use a ``wide range of tools'' to help stabilize markets and resolve the financial crisis.

``The United States government is acting; we will continue to act to resolve this crisis and restore stability to our markets,'' Bush said at the White House. ``This has been a deeply unsettling period for the American people.''

Bush sought to reassure Americans that the $700 billion rescue plan passed by Congress last week is comprehensive enough to solve the credit crisis that is creating widespread uncertainty throughout the economy.

Comments by Bush and members of his administration haven't calmed markets since the Senate cleared the legislation on Oct. 1. Since then, Bush has spoken publicly or issued statements about the rescue plan seven times, and the Dow Jones Industrial Average declined by 20.8 percent. Stocks sank again this morning, capping the worst week ever for the Standard & Poor's 500 Index.

The U.S. president said the government has acted on several fronts, including injecting hundreds of billions of dollars into the financial system, coordinating a global cut in interest rates, and expanding the amount of money that is insured in savings accounts.

``Fellow citizens, we can solve this crisis and we will,'' Bush said.

`Aggressive' Plan

``The plan we are executing is aggressive,'' Bush said. ``It will take time to have its full impact. It is flexible enough to adapt as the situation changes. And it is big enough to work.''

Bush meets tomorrow with finance ministers from the Group of Seven industrial nations, as his predecessor, former President Bill Clinton, did with the group during a 1998 financial crisis.

The G-7 ministers and central bankers meet today in Washington, facing a breakdown in investor confidence in their ability to end the credit freeze endangering the global economy.

Threatened by the worst economic outlook in a quarter century, officials arrived in Washington still without the broad- based strategy that investors were seeking, raising the risk of further turmoil if their remedies disappoint. Among the options: a proposal by U.K. Chancellor Alistair Darling for nations to guarantee lending between banks, a suggestion that U.S. Treasury Secretary Henry Paulson hasn't ruled out.

To contact the reporter on this story: Demian McLean in Washington at dmclean@bloomberg.net; Catherine Dodge in Washington at Cdodge1@bloomberg.net.

Last Updated: October 10, 2008 11:29 EDT

CMKX - Bush Plans Statement Tomorrow to `Assure' Nation...

Bloomberg.com

Bush Plans Statement Tomorrow to `Assure' Nation (Update2)

By Demian McLean
Oct. 9 (Bloomberg) -- President George W. Bush will address the nation tomorrow to tell Americans they should remain ``confident'' amid falling stock markets and a worldwide credit crisis, administration spokeswoman Dana Perino said.

The president wants to ``assure'' the country that Treasury Secretary Henry Paulson and other administration officials are making ``every effort to stabilize our financial system,'' Perino said.

The statement, spurred by ``volatility'' in U.S. markets today, will be given at 10:25 a.m., Perino said.

The Dow Jones Industrial Average fell below 9,000 for the first time since 2003 today, closing at 8,579.19. The Standard & Poor's 500 Index fell for the seventh day, losing 7.6 percent to 909.92. Higher borrowing costs and slower consumer spending have spurred concern that carmakers, insurers and energy companies will be the next victims of the credit crisis.

Previous statements by Bush and members of his administration haven't calmed markets since Congress passed a $700 billion bailout package intended to shore up banks and other financial institutions and stabilize markets.

Since Oct. 1, when the Senate gave final passage to the legislation, Bush has spoken publicly or issued statements about the rescue plan and the markets six times and the Dow has fallen 20.8 percent.

`Fear Level'

``Right now the fear level among investors is high and it's hard to see anything from him making much of a difference,'' said Frederic Dickson, who helps oversee $25 billion as chief market strategist at D.A. Davidson & Co. in Lake Oswego, Oregon.

The two major party presidential candidates, Democrat Barack Obama and Republican John McCain, also have sought to reassure the public as they urge government officials to continue working to solve the situation.

``Now is not the time for fear or panic, but for all of us to come together with resolve and determination that we can steer ourselves out of this crisis,'' Obama, an Illinois senator, said in a statement issued tonight.

``We have to get this economy turned around and we have to get it turned around immediately,'' McCain, a senator from Arizona, said at a campaign event today in Wisconsin.

Additional Steps

As markets continued to tumble and credit markets remained locked, the U.S. and other government have taken several additional steps.

The Federal Reserve, European Central Bank, Bank of England, Bank of Canada and Sweden's Riksbank each cut their benchmark rates by half a percentage point.

The U.S. Treasury has begun selling an additional $40 billion of debt to meet demand for government securities in an effort to address shortages. Officials said today the Treasury is planning to buy stakes in a wide range of banks as another effort to unfreeze credit.

In the U.K., Prime Minister Gordon Brown is engineering a 50 billion pound ($87 billion) program that partly nationalizes at least eight British banks. Officials in Japan and Spain also announced steps to inject public money into banks and finance companies.

``Economic officials are aggressively taking every action,'' Perino said today. ``The Treasury is moving quickly to use new tools to improve liquidity, which is the root cause of this problem.''

Paulson and Federal Reserve Chairman Ben S. Bernanke will meet with their counterparts from the Group of Seven major industrial nations tomorrow in Washington. Bush plans to meet with the finance ministers at the White House the following day, along with the heads of the International Monetary Fund and the World Bank.

To contact the reporter on this story: Demian McLean in Washington at dmclean@bloomberg.net.

Last Updated: October 9, 2008 19:58 EDT

CMKX - Who Is Protecting Investors FROM The SEC...??

Impartiality of S.E.C. Is Questioned
(Complete Article)

The New York Times...

By WALT BOGDANICH
Published: October 6, 2008

A federal inquiry has concluded that the Securities and Exchange Commission should consider disciplining its director of enforcement and two supervisors for their role in handling an insider trading investigation that led to the firing of an S.E.C. lawyer for trying to interview an influential Wall Street executive.

Public Comments For Chairman Cox
(Complete Comment)

Chairman Christopher Cox May 19, 2008 Securities & Exchange Commission Washington, DC

There is no discipline with naked shorting and repeat offenders have no fear of the SEC because the chances of a violator being caught and disciplined is negligible. Most of the repeat offenders take the same cavalier attitude as that of a serial killer. Once you have killed, the penalty is no greater for repeat killings. So illegal manipulation of stocks continues daily by repeat offenders with impunity.


Case in point: CMKM Diamonds (a/k/a Casavant Mining, now revoked former stock symbol: CMKX). The SEC has had an ongoing investigation for over 5 years titled:
In the Matter of CMKM Diamonds, Inc., LA-3028. This case goes back to 2002 and involves approximately $100 million in theft of investor funds with nearly ONE TRILLION Shares of stock, a majority of which were illegally issued without pre-requisite restrictions, legal opinions; or legal opinions issued from deceased attorneys and/or were naked shorted in the market with counterfeit shares.

It was not until April 7, 2008 that the SEC has finally taken action in US Dist. Court, Las Vegas, NV regarding this egregious fraud upon the investing public. Most of the stolen funds are gone, leaving investors pennies on the dollar if anything.


The “mastermind” (SEC words not mine) in this fraud, John Edwards was also the “mastermind” of illegally issued shares in BioTech Medics (and dozens more pennystocks). Edwards had numerous accomplices who have yet to be cited by the SEC. The fraud in our case stems back to 2002 and involves scores of millions of dollars in fraud and over 50 million shares that we have been able to verify in an audit of our shareholders.


However, FINRA over a year ago in the CMKX matter sanctioned NevWest Securities Corp (CRD # 46464) of Las Vegas and Sergey Rumyantsev and Anthony Santos $100,000 and K Houser REG SHO- 10B-21 Proposal Comments Page # 1

$75,000 each respectively, for laundering over $58 million of John Edwards and over 20 of his sham shell trusts and companies that were used to perpetrate the alleged fraud and benefit from the naked shorting. NevWest reportedly received over $2.4 million in commissions.


So the alleged manipulators got away with $58 million and the sanctioned stock broker facilitators were slapped on the wrist and got away with nearly $2 million in profits.

Where is the justice in this “discipline”???

Editor's Note - PLEASE Take A Moment To Contact The SEC And Voice Your Complaints Concerning Their Handling Of The Massive Fraud Involving CMKX And Other Companies.

coxc@sec.gov,
chairmanoffice@sec.gov,
tradingandmarkets@sec.gov,
oig@sec.gov,
newyork@sec.gov,
losangeles@sec.gov,
enforcement@sec.gov,
oiea@sec.gov,
publicinfo@sec.gov,
help@sec.gov,
mccoyj@sec.gov,
whitem@sec.gov,
hakalal@sec.gov,
tysonr@sec.gov,
thomsenl@sec.gov,
cmkmdiamonds@sec.gov

CMKX -- Fortress Financial Group, Inc. -- Update on Reverse Merger...

Company Clarifies the Details of the Reverse Merger Under Consideration

NEW YORK, NY, Oct 06, 2008 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirmed on October 3, 2008 that it is in discussions to acquire a Company which if successful, would constitute a Reverse Merger.

The Company can confirm that a Reverse Split of the Company's stock is not being considered and all speculation that this Company will effect a Reverse Split of its Common Stock, is complete nonsense.
Furthermore, the Company with whom we are in discussions is in the business of Uranium Mining & Exploration.

The Company will state for the last time that the Extraordinary Dividend is unaffected by these discussions and that this Dividend will be paid regardless and as announced. The Company will announce the "Record" and "Pay" dates in respect of this Stock Dividend as and when it is in a position to do so. Stockholders may rest assured that your Company's Management is very anxious to get these Dividends paid as the Company's CEO is resigning as announced and is now committed to join the Board of Directors of a Private Equity Fund on a full time basis; and from November 1, 2008.

Your Company's incumbent Management is of the opinion that given the fact that the Company's Stock Dividend is in the form of shares of a Gold Company; stockholders should consider themselves extremely fortunate given that Gold remains a safe haven in these turbulent markets. Management is not going to comment on the Gold company whatsoever and considers that Gold Company's Management responsible for any statements in respect of their Company, its assets and its future.

Management of your Company can categorically state that all speculation in respect of this Gold Company is pointless until such time as further details are announced. The majority of the speculation surrounding the Gold company is complete nonsense and stockholders are advised to make their decisions as and when details of this Company are made available.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

Contact:
Financial Insights
Dick Granieri/Gordon Otter
E Mail: Email Contact
Telephone: 1-800-530-3545

Fortress Financial Group, Inc.
Alan Santini
Chief Executive Officer
Email Contact
Tel: (954) 840-6961

CMKX - Bailout Bill Passes - All Is Well...??

Bloomberg.com

U.S. Stocks Slide in Worst Week for S&P 500 Since 2001 Terrorist Attacks (Full Report)

U.S. Stocks Drop as Recession Concern Outweighs Bailout Passage
By Eric Martin

Oct. 3 (Bloomberg) -- U.S. stocks slid, capping the worst week for the Standard & Poor's 500 Index since the 2001 terrorist attacks, on concern the $700 billion bank bailout isn't enough to unlock credit markets and prevent a recession.

Payrolls in U.S. Drop in Sign Economy May Enter Worst Recession Since 1982 (Full Report)

Crisis Hits Main Street as Employers Cut More Jobs
By Shobhana Chandra and Rich Miller

Oct. 3 (Bloomberg) -- U.S. payrolls plunged in September, signaling the economy may be heading for its worst recession in at least a quarter century as the 13-month-old credit crisis on Wall Street finally hits home on Main Street.