Friday, August 29, 2008
Thursday, August 28, 2008
Wednesday, August 27, 2008
Tuesday, August 26, 2008
Monday, August 25, 2008
A MUST READ ARTICLE BY ELAINE SUPKIS
Collapse Will Get Worse, Not Better
August 25, 2008
Elaine Meinel Supkis
As the unhappy central bankers and their wealthy investment banker buddies all wipe the crumbs off of their faces a the Teddy Bear Picnic, they have to deal with the crumbling banking system of the G7 nations.
Things are getting worser and worser.
We just walked in one big circle for a year, trying to escape from the Cave of Death and ended up in the same cave were a grizzly bear, the Derivatives Beast, is waking up from its hibernation. All the solutions these bankers have cooked up are all attempts at regaining the previous status quo. With some small fixes that would prevent too much easy funny money creation except they want to create more funny money.
This is pure insanity.
ENTIRE ARTICLE:
http://elainemeinelsupkis.typepad.com/ezmoneymatters/2008/08/collapse-will-g.html
August 25, 2008
Elaine Meinel Supkis
As the unhappy central bankers and their wealthy investment banker buddies all wipe the crumbs off of their faces a the Teddy Bear Picnic, they have to deal with the crumbling banking system of the G7 nations.
Things are getting worser and worser.
We just walked in one big circle for a year, trying to escape from the Cave of Death and ended up in the same cave were a grizzly bear, the Derivatives Beast, is waking up from its hibernation. All the solutions these bankers have cooked up are all attempts at regaining the previous status quo. With some small fixes that would prevent too much easy funny money creation except they want to create more funny money.
This is pure insanity.
ENTIRE ARTICLE:
http://elainemeinelsupkis.typepad.com/ezmoneymatters/2008/08/collapse-will-g.html
Sunday, August 24, 2008
BERNANKE BLUFFS MORE BULLSHIT
Credit to geist for this link...
Bernake bluffs coming Weimar economy,
US Treasury collecting toxic waste, NATO outmaneuvered by Russia, Homeland Security continues to spy on citizens, Home equity up a thousand fold from a decade ago
From Buck-Busting Ben Bernanke's mouth to God's ears (God must be getting an Excedrin Headache from all the Illuminist and neocon propaganda being wafted into His ears lately):
Inflation pressures should moderate this year amid tepid economic growth. He also added that his inflation forecast remains "highly uncertain."
Inflation will "moderate" all right, when we go into depression in the next two to three years.
Ben is just hedging his bets with the talk about the forecast being "highly uncertain," because he knows darn well that inflation is not going "moderate" any time soon.
Meanwhile, it is bound for the stratosphere and will soon enter outer space where it will run into a hologram emanating from the world line running through the event of the former Weimar Republic during its inflationary "heyday."
Supposedly, this "stunningly good" news from Mr. Bernanke, who is now dumping barrels of moral hazard out of his helicopter on the US public along with bundles of Federal Reserve notes (aka "worthless paper"), together with another oil crash of $6.59 per barrel, was cause for a nearly 200 point Dow rally on Friday.
FOR ENTIRE ARTICLE:
http://www.theinternationalforecaster.com/International_Forecaster_Weekly/Bluffing_The_Economy_Bluffing_Russia
Bernake bluffs coming Weimar economy,
US Treasury collecting toxic waste, NATO outmaneuvered by Russia, Homeland Security continues to spy on citizens, Home equity up a thousand fold from a decade ago
From Buck-Busting Ben Bernanke's mouth to God's ears (God must be getting an Excedrin Headache from all the Illuminist and neocon propaganda being wafted into His ears lately):
Inflation pressures should moderate this year amid tepid economic growth. He also added that his inflation forecast remains "highly uncertain."
Inflation will "moderate" all right, when we go into depression in the next two to three years.
Ben is just hedging his bets with the talk about the forecast being "highly uncertain," because he knows darn well that inflation is not going "moderate" any time soon.
Meanwhile, it is bound for the stratosphere and will soon enter outer space where it will run into a hologram emanating from the world line running through the event of the former Weimar Republic during its inflationary "heyday."
Supposedly, this "stunningly good" news from Mr. Bernanke, who is now dumping barrels of moral hazard out of his helicopter on the US public along with bundles of Federal Reserve notes (aka "worthless paper"), together with another oil crash of $6.59 per barrel, was cause for a nearly 200 point Dow rally on Friday.
FOR ENTIRE ARTICLE:
http://www.theinternationalforecaster.com/International_Forecaster_Weekly/Bluffing_The_Economy_Bluffing_Russia
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