Archive - Nov 14, 2011 - Blog entry

This is how David J. Stern's downfall started here in Florida, See ya at the bottom Baum...

The NY Fed is the single most powerful entity in charge of the Fed’s daily operations. How can any investor believe that the Fed can manage the system and restore trust when the NY Fed granted MF Global primary dealer status a mere nine months before the latter went bankrupt?

It is clear as day that the EU in its current form is finished. I’ve been saying this for months, but now even the mainstream media is picking up on rumblings that Germany wants to exit the Euro or at least restructure the entire EU.

Allow me to apologize for doubling posts, but I want it to be absolutely clear who did this first...

You only get challenges like this from Banzai7...

I probably won't even have time for an "I told you so" as the business sectors and "to be funded entities" that have been floating on hopium catch a hard dose of reality and start collapsing.

And to think, some people think I'm pessimistic!

If you use your calculator on this one, you wouldn't have to hear me say I told you so!

German Chancellor Angela Merkel said on Monday that Europe could be living through its toughest hour since World War Two as new leaders in Italy and Greece rushed to form governments and limit the damage from the euro zone debt crisis.

Financial markets on Monday took heart on relief that a key Italian bond auction drew decent demand from investors and hopes that new leaders in Greece and Italy would take decisive action to breathe new life into their sick economies.

All you need to read.

All is well ... the EFSF will quietly monetize the radiation ...