tag:blogger.com,1999:blog-7982981413278241287.post8185896626575470655..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Was A Wrecking Ball Just Taken To The EU Taxpayer Bailout Agreement?Dave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-7982981413278241287.post-38703024651098586212011-10-31T09:03:44.741-06:002011-10-31T09:03:44.741-06:00Clear and Present Danger
This might have been wor...Clear and Present Danger<br /><br />This might have been worth the risk if foreign borrowing had been invested for roads, high speed railroads, new<br />industries, cheap energy, airports, and to fund scientific research. The debt would self-liquidate. Instead, some<br />of the debt has been used for transfer payments to fuel current consumption or for items like farm subsidies.<br />It’s as if you mortgaged your house to buy groceries. Eventually you’ll have no house and no food either.<br />Moreover, a very large chunk of the debt has been monetized through Federal Reserve Bank purchases and used<br />to fill gaping holes in bank balance sheets. Unrepentant banks resist reform and dilute attempts at regulation<br />while soaking up ongoing subsidies. All of this is dead-end financing at the expense of citizens that saved their<br />money and pay taxes.<br /><br /><br />http://www.tavakolistructuredfinance.com/CPD.pdfAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-42014529464043458392011-10-30T17:45:05.174-06:002011-10-30T17:45:05.174-06:00Then we are joined by former constitutional and ci...Then we are joined by former constitutional and civil rights litigator and contributing writer to Salon, Glenn Greenwald, the author of “With Liberty and Justice for Some; How the Law is Used to Destroy and Protect the Powerful”. We discuss the two-tiered system of justice in this country that protects the powerful and punishes the powerless, and how the uprising by the 99% is the first step in reversing a complete takeover of America by oligarchs.<br /><br />http://ianmasters.com/<br /><br />http://ianmasters.com/sites/default/files/mp3/bbriefing_2011_10_30b_Glenn%20Greenwald.mp3Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-59809835165014317932011-10-30T13:46:04.797-06:002011-10-30T13:46:04.797-06:00Fergusson discusses how the hyperinflation affecte...Fergusson discusses how the hyperinflation affected different groups in German society in different ways – with debtors benefitting and huge numbers of middle-class savers wiped out. <br />The lbo kings will be rewarded...high junk issuers will reign even more supreme...<br /><br />James Turk in conversation with Adam Fergusson<br /><br />Riots, corruption and political extremism were just some of the malignancies encouraged by the hyperinflation. He points out that those who held hard currencies as well as people who held tangible assets like gold and silver were in-large part protected from the worst economic consequences of the hyperinflation. In his words: “gold remained at all times in Germany the measure of what was important to them.”<br /><br /><br />http://www.goldmoney.com/video/fergusson-turk-interview.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-78180336406882207352011-10-30T11:26:45.859-06:002011-10-30T11:26:45.859-06:00Well..if you had any doubts where we're going....Well..if you had any doubts where we're going...<br /><br /><br />Larry Summers: Debt Got Us Into This Mess and Debt Will Get Us Out<br />Debt Is Good? <br /><br />"The central irony of financial crisis is that while it is caused by too much confidence, too much borrowing and lending and too much spending, it can only be resolved with more confidence, more borrowing and lending, and more spending," Summers writes in a recent op-ed in The Financial Times.<br /><br /><br /><br />http://finance.yahoo.com/blogs/daily-ticker/larry-summers-debt-got-us-mess-debt-us-143206417.html<br /><br /><br />Exclusive buttonwood gathering video..<br /><br />http://video.google.com/videoplay?docid=6827163268088648679Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-268368472752222322011-10-29T18:37:56.380-06:002011-10-29T18:37:56.380-06:00Treaty of Debt - An Eye Opening Video on the ESM B...Treaty of Debt - An Eye Opening Video on the ESM Bailout Mechanism<br /><br />There are no independent reviewers and no existing laws apply. Thus Europe's national budgets will be in the hands of one single, unelected body that is accountable to no one and immune from all legal actions.<br /><br />Is this the future of the EU or will the German supreme court and other governments put an end to it?<br /><br />http://globaleconomicanalysis.blogspot.com/2011/10/treaty-of-debt-eye-opening-video-on-esm.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-38442705769422423392011-10-29T11:16:49.427-06:002011-10-29T11:16:49.427-06:00Some ride...
all-or-nothing macroeconomic or sys...Some ride...<br /><br /><br />all-or-nothing macroeconomic or systemic issues dominate the buy-sell decision on a daily basis.<br /><br /><br />http://online.barrons.com/article/SB50001424052748704407404576651323877612518.html?mod=BOL_hpp_dc<br /><br />Ned Davis Research has been among the numerous longtime market<br />watchers marveling at the unity with which stocks are either rising or<br />(rare as it's been this past month) falling. Since 1972, the median<br />correlation of an Standard & Poor's 500 member stock to the S&P index<br />itself over the prior three months has been 0.46, meaning 46% of<br />individual stocks moved the same way as the index. It hit 0.86 a week<br />ago Friday in a rising tape, a level exceeding the day of the 1987<br />crash and one usually associated with panicky crash-like days.<br /><br />This all-or-nothing character can also be seen in the frequency of<br />days in which at least 90% of all stocks in the broad S&P 1500 move in<br />one direction. Wayne Kaufman, market analyst at John Thomas Financial,<br />says this happened 14 times in 2006. The next four years' tallies were<br />23, 39, 44 and, last year, 47. So far this year there have been 58<br />such days, including 33 of the past 62.<br /><br />Explanations range from the prevalence of hyperspeed cyber traders to<br />the ascendance of exchange-traded index funds as preferred vehicles<br />for the fast money.<br />But this sort of monochromatic action also tends to accompany markets<br />in which all-or-nothing macroeconomic or systemic issues dominate the<br />buy-sell decision on a daily basis.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-21273100266449239722011-10-28T22:10:41.027-06:002011-10-28T22:10:41.027-06:00not only am i a broncos fan, but i'm a cardina...not only am i a broncos fan, but i'm a cardinals fan too, for over 30 years now...it's been an exciting 28 hours!SatyaPranavahttps://www.blogger.com/profile/02422604006082536504noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-7316376177409211252011-10-28T17:46:42.739-06:002011-10-28T17:46:42.739-06:00Eric Janszen: We Are Witnessing The Death of the D...Eric Janszen: We Are Witnessing The Death of the Dollar<br /><br />What do you get when the producer of the world's reserve currency takes on too much debt? Nothing less than the end of the US Treasury-based monetary system.<br /><br /><br />http://www.chrismartenson.com/blog/eric-janszen-we-are-witnessing-death-dollar/64317Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-53492811964593811972011-10-28T12:52:05.780-06:002011-10-28T12:52:05.780-06:00Worth a listen..
John Doody on Gold Stocks—Under...Worth a listen..<br /><br /><br />John Doody on Gold Stocks—Undervalued and UnderlovedDoody also discusses Argentina’s new tax legislation<br /><br />http://www.financialsense.com/financial-sense-newshour/guest-expert/2011/10/28/john-doody-phd/gold-stocks-undervalued-and-underlovedAnonymousnoreply@blogger.com