Archive - Jul 2011 - Blog entry
July 21st
CBO Report: We have three options, only one is viable – A different plan to consider?
Submitted by Bruce Krasting on 07/21/2011 15:56 -0500I'm trying to solve big problems.
Debt Crisis Being Used as Shock Doctrine to Steal More Money from the American People to Give to the Richest .1%
Submitted by George Washington on 07/21/2011 15:15 -0500There's an EMERGENCY ... give us all your money!!!
IN Re JuLY 21. 2011...
Submitted by williambanzai7 on 07/21/2011 14:23 -0500Visual Combat: "Now, you must remember: the enemy has only images and illusions behind which he hides his true motives. Destroy the image and you will break the enemy."--From Enter The Dragon
Proof That Europe Is Primed For A Lehman Brothers-Style Bank Bust, But Likely On A Much Larger Scale!!!
Submitted by Reggie Middleton on 07/21/2011 12:24 -0500Recent history shows us what happens when you borrow short and lend long against assets that have been halved in value, hasn't it? Guess who hasn't been to (very recent) history class...
Operation AIG II to Save Pensions?
Submitted by Leo Kolivakis on 07/21/2011 11:00 -0500Business as usual on Wall Street but it won't be enough to save pensions...
Tom Day: Regulatory Compliance: Regulatory Capture: A Trip Down Memory Lane
Submitted by rcwhalen on 07/21/2011 08:41 -0500The below is a letter I recently found in my "examiner friends" archives that I thought was worth sharing. This was written in 2005 by an anonymous former Federal Reserve examiner. As a former bank supervisor myself, the accuracy should challenge us all to pay more attention to those in the trenches doing the actual work (whether bank supervisors or in your own firm; management by walking around, as Tom Peters used to quip). To say the below is insightful is an understatement.
The Global Physical Gold & Silver Reserves Race is the New Nuclear Arms Race
Submitted by smartknowledgeu on 07/21/2011 07:07 -0500The old Cold War USA-USSR nuclear arms race has been replaced by the East-West battle to accumulate physical gold and physical silver reserves. While Western Central Banks and their puppet bullion banks have distracted and goaded private citizens with the invention of fraudulent bogus paper gold and paper silver derivative products, they themselves have been diving headfirst into real physical precious metals.
Market Data Sheets July 21st
Submitted by Pivotfarm on 07/21/2011 05:06 -0500S&P 500, Dow Jones, Nasdaq, Russell 2000, Nymex Crude Oil, Comex Gold, EURUSD, GBPUSD, USDJPY
Refresh of Black Swan definition-Taleb
Submitted by thetrader on 07/21/2011 03:58 -0500Small reminder of the Black Swan, by www.thetrader.se
News That Matters
Submitted by thetrader on 07/21/2011 02:48 -0500Relevant News by www.thetrader.se
July 20th
Pentagon Seeks to Manipulate Social Media for Propaganda Purposes
Submitted by George Washington on 07/20/2011 18:12 -0500The Pentagon tries to take over social media to prevent any memes which challenge any of the policies of Helicopter Ben, Turbo Timmy, O-Bomb-a or the rest of the boys ...
EnTeR THe MoRoN (Bruce Lee does Bernank)
Submitted by williambanzai7 on 07/20/2011 15:56 -0500On July 20, 1973, Bruce Lee, the greatest martial artist the world has ever known passed away. Martial art aficionados are of the widely held view that Enter the Dragon was his greatest film...and indeed one of the greatest martial arts films of all time.
Debtmaggeddon
Submitted by ilene on 07/20/2011 15:19 -0500Podcast of Lee Adler and Russ Winter at Wall Street Examiner discussing the debt ceiling, gang of 6 and the impossible situation facing the government.
Four Reasons China is Betting On Europe (And Will Lose)
Submitted by Phoenix Capital Research on 07/20/2011 13:08 -0500The EU accounts for roughly $400 billion of China’s exports, making it China’s single largest export market. So if Europe collapses, China’s economy takes a BIG hit. Remember, China is a centrally controlled economy, NOT a dynamic open market economy. Put another way, the entire China “economic miracle” is based on the current system continuing to operate in some form (China can continue to export, rip off intellectual property that is developed elsewhere, throw its weight around, etc).
Thoughts on Brown & Brown: Stay Away!
Submitted by Vitaliy Katsenelson on 07/20/2011 12:57 -0500I looked at Brown & Brown about a year ago (May 2010), here are my thoughts which are still relevant today:
