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After the Close: The Federal Reserve Announces New Reserve Currency Initiative
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Have a great Thanksgiving, Marla!
Anyone else notice that Emperor Palpatine has been relegated to the position of Treasury Secretary? (Or perhaps that's a promotion).
I thought he was the economic advisor.
Marla is correct. The treasury secretary bears a disgusting resemblance to Palpatine, while the economics advisor is of course Java the Hut with a turkeyneck.
Ya gotta love Photoshop in the hands of Marla and Zero Hedge.
What's the exchange rate for one of these babies:
http://www.diggersrealm.com/mt/archives/20090619/amero-100-dollar.html
Don't like breaking big bills? Well I preferred the old one with Jefferson but:
http://www.diggersrealm.com/mt/archives/20090619/amero-2-dollar.html
You give me money with John Pierpoint Morgan on it and Rockefeller on it. There's going to be asswiping.
EPIC!
Nice. Check out this guy. Not a believer in the new normal.
http://blogs.harvardbusiness.org/cs/2009/11/why_american_consumers_will_sp.html
Grant McCracken. Nuf said.
What the dude is overlooking is that the vast majority of American consumers will never again have the wherewithal to consume like they did during the bubble years.
Will someone ask Grant if he is willing to extend Susan credit for her 1999 themed party?
Welcome, Dagny. We've been waiting for you to join us.
He's obviously never read "The Fourth Turning" :)
Grant forgot the demographics in play. When you get older (baby boomers) you start to forget about entertaining to impress your neighbors. You get too tired to want to continue to consume. That's what's really in play for the next 15-20 years.
How will the Emperor maintain control without the currency?
Ground Zero!
The pols do not understand their individual loss through currency collectivization.
QUICK TAKE EVASIVE ACTION!!!
http://www.youtube.com/watch?v=EH5oRJKTWuc
(JR wins, I'm moving down under)
Series 1977-2007? I'm shocked!
http://www.zerohedge.com/sites/default/files/images/user10/imageroot/fir...
I have a bad feeling that Lucas and Timmy will both be suing you...
If they could issue this as a new coin, a la Sacagewa, they would. Book it.
Backed by anti-matter reserves.
Does that make Greenspan the emperor?
I saw the tweet first and crapped myself a little bit but I guess it wouldn't be the first time a bunch of rich, smiling white guys came along and stole everything from the silly savages.
We were once the envy of the world and our currency was the "Almighty Dollar." Thanks Greenspan, Bernanke and the rest of you FR hacks.
Where is the "In God We Trust?"
Where is the "In God We Trust?"
You're on the wrong website. Around here it's, "In Gold We Trust."
actually it's In Goldman We Trust
Judge tells bank: GET F*CKED!
http://www.nypost.com/p/news/local/judge_kos_mortgage_to_slap_bank_28ZS1...
John: Judge tells US taxpayers to get fucked...Indymac was bailout bitch...
now they are privately owned and have been characterized as similar to organized crime in that article. they got off easy. they should be slapped with a r.i.c.o.
I think the Borg would be a little more fitting, but nice work Marla and happy T-Day to all!
.
This one's for YOU Deadhead:
http://www.youtube.com/watch?v=sVsSKuxyaro&feature=related
I spent a little time on the mountain
I spent a little time on the hill
I saw things gettin' outta hand
I guess they always will
I don't know what I been told
It's hard to run with the weight of gold
Other men done heard it said
It's just as hard with the weight of lead
One way or the other
One way or another
This darkness got to give
.
BWAHAHAHA!!! Made me think of this Star Wars scene.
Watto: How are you going to pay for all this?
Chairman: I have twenty trillion Federal Reserve Notes.
Watto: Federal Reserve Notes? Federal Reserve Notes are no good out here. I need something more real.
Chairman: I don't have anything else...
[waves hand]
Chairman: But Reserve Notes will do fine.
Watto: No, they won't-a.
[Chairman waves his hand more firmly]
Chairman: Reserve Notes will do fine.
Watto: No, they won't-a. What? You think you're some kind of Jedi, waving your hand around like that? I'm a Toydarian. Mind tricks don't work on me. Only money. No money, no parts, no deal!
Nice.
The Cash for Clunkers scene. Good one.
I prefer these:
http://jeremyinc.com/politicaltoiletpaper/george-bush-toilet-paper.html
Palpatine's signature with Vader's image - hmmm... more like a China Photoshop job than a ZH piece
Can we accelerate the decline?
Did they clear this with Ron Paul?
Timothy... I'm your father!!
JAM!
Hmmm .... I thought this was the latest currency from the Federal Reserve instead.
http://www.joeydevilla.com/wordpress/wp-content/uploads/2008/08/obama_three_dollar_bill.jpg
These are not the fiatscos you're looking for.
Fiatscos are worthless around here !!
Happy Thanksgiving to all of us !
As long as the brainwashed can use them to buy LCD TVs, make their house payments, and buy sports tickets with them then life will go on.
Has anyone seen a dollar bill with Timmay's signature on it? Why not Timmay? You afraid of this?
http://www.taxcheatstamps.com/
Timmy grandfathered--the horses are out of the burned down barn, GS skates again.
FEDERAL RESERVE
Conflict-of-interest rules tightened
The Federal Reserve tightened the conflict-of-interest restrictions governing the boards of directors of its 12 regional banks.
The new rules were passed to deal with potential conflicts such as one that involved Stephen Friedman, a former chairman of Goldman Sachs Group who ended up resigning from the New York Fed after questions were raised about his holdings in the company. The requirements take effect immediately and spell out the obligations of directors with ties to financial institutions that change status while the official is serving on a Fed regional board.
The rules require that any board director serving in one of the positions representing the public sever any ties to a financial institution that comes under the central bank's jurisdiction, or resign from the Fed board within 60 days of that institution's change in status.
-- Associated Press