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The IOER will work if they're ahead of the curve....which they're already behind.
The central planner is dangerous, ruthless and very much in the pockets of the oligarchs. Bernanke is a traitor to his country, and an extraordinarily dangerous enemy of the State. He works exclusively for the international banking cartel, whose interests directly conflict with the interests of the American people.
It's time to regard him as a hostile, non-governmental force who directly threatens and endangers Americans.
You call that chart up there the "Adjusted Monetary Base" if you want, I call it the annihilation of the elderly, and the padding of the pockets of the super-rich.
Hear, hear. I study gerontology and vehemently hate Bernanke and what he's done. Let's get this mofo out as soon as we can.
"Where there is mystery, however, is what actually comprises the Fed's "Other Assets" account which in the last week hit a new all time record of $123 billion." obama fund???
Why is it that no one including the MSM even attempts to explain obamas position on the budget? What is it? He wants more spending? more waste? more war?
It's the POMO premium to par.
so obama and ben can use pomo to wipe out the national debt?
More like recycle. As in the greatest financial circle jerk in history. The Treasury is borrowing from the Fed. When the Fed loses money on those loans (trying to sell Treasuries back into the market) it will create a 'negative liability' account for the Treasury...which is a (illegal) way of saying that it is borrowing from the Treasury...which at the time will still be borrowing from the Fed via QE714.
the foundation of our economic strength - ponzi
Pyramid schemes work, I swear!
In Egypt they did.
On World NEWS TONIGHT McDonalds is hiring 50,000 MCJOBS!!!!!!!!! And they insist these are move up the ladder jobs.
My advice is to move near your location because you may spend you first and last hour of earnings driving to and from
and the rest eating there
Mickey D's, coming thru in the McClutch with the McJobskis, what a story. At least it's something, but the last thing we need is more chubby kids running around. Just sayin'
download the mp3 of The Economic Outlook and Financial Industry Challenges Speaker: Thomas M Hoenig Chair: Dr Philippa Malmgren This event was recorded on 30 March 2011 in Sheikh Zayed Theatre, New Academic Building
I ask Mr Hoenig about market manipulation of PM markets at the 55.30 mark!!! And I shook his hand afterward... this is what we need real debate and discussion, peacefully and see if can change the BS that has been going on.
please circulate or call me a dumbass I do not care I will stay my course, but I want more free open questioning and debate
You see this today?
This is what we need real debate and discussion, peacefully and see if can change the BS that has been going on.
Real debate and discussion, eh? I hear ZH readers laughing hysterically every where.
Thanks for the laugh though.
Totally cancelled out by the deflation in housing. In fact, CPI is negative because of this.
I feel dirty writing this, even if it's meant sarcastically.
Since when is truth sarcastic? Reserves are getting wiped out by cruddy debt.
So how does "reserves" figure into the average consumer bill, and how is this an issue according to the CPI again?
Those reserves not yet destructed go onto the casino table.
Behold the beauty of The Bernake! Flood the zone.
That's a sustainable solution if I ever heard one.
'Sustainable' has never been a necessary and sufficient criteria for goobermint.
+1. But your point is still valid. Implied rents are bogus. And the two indices they remove for core, food & energy, are ironically the two which have the highest correlation with consumer confidence. And that would include the conference boards consumer confidence - an input to the LEI. Go figger'
Don't forget cost of homeownership. Even if home prices are down, that acts as a serious counterweight to any hope of a price rebound. And it impacts consumer spending.
We're going into a Depression!
Welcome to world wide Benocide.
In the year of the scavenger the season of the bitch/Sashay on the Boardwalk, scurry to the ditch/Just another future song, lonely little Keats/ there's gonna be sorrow, try and wake up tomorrow.
Young girl they call them The Diamond Dogs.
what if there is no tomorrow? You ever ponder that?
We know one day we are just going to blow each other up. Countries have nukes for a reason and they won't sit idle forever.
This all ends with the destruction of, at the very least, 75% of humanity wiped off the earth. It is inevitable.
The human race is a f_cking failure.
The ENTIRE human race? You a eugenicist?
the complete opposite actually.
It is BECAUSE OF eugenics that I do not support movements such as Zeitgeist.
I don't support Zeitgeist because there is nothing new about any of their proposals, and they simply don't work. It's communism, plain and simple.
The United States (I know your in the UK) has a Constitution, problem is no one follows it.
We don't need a new system/a total remake of society to accomplish this.
Let us start with a Simple things
1) End the FED. Put back Glass Stegall. Put the US dollar on a 35% Gold Backing to give legitimacy to the currency before it is rejected world wide.
2) Simplify the Tax code, end the IRS. Make it simple. Let it be that people that save are rewarded not punished. We need capital formation.
3) Allow 0% credit for internal improvements such as water systems, alternative sustainable energy solutions + infrastructure projects, etc. New Deal lite without the massive growth of government. Better to employ people here than hand out two years of money to be mostly wasted.
Many other changes are needed, but those I believe are some of the most important
You realize some of your ideas are good? It's all in presentation! ( think about it)
I don't get it, but thanks.
I'm shopping a Midnight Bizzare! Any particular wood stain, and Coffin Dress of your Liking?
None of that toothpaste is going back in the tube.
Heh, like trying to shove a marshmallow into a coin slot.
Nothing wrong with democracy or communism—we're just not sufficiently advanced as civilizations to handle those types of governments.
We call call it whatever the hell we want to call it, really—but in the end, we're only really good at exploiting one another and killing people that we can't [or won't] understand. As soon as western civilizations are forced to tighten their belts a bit more, you'll see the true face of things. Always rely on conflict to shine light on what we really are.
As far as my stance goes, I believe that humans can do some pretty impressive stuff, if we're prepared for it. I see so much wasted potential—wasted lives; people spending their lives persuing goals they've been conditioned to believe have any value.
I don't believe we'll ever become capable of maintaining any form of advanced government. Seems like the time spent on this planet is just time spent in a variant of a purgatory. I don't believe in anything religious, at anyrate; just sitting here, wasting away life because we're all so fucking stupid.
Too many here are giving into defeatism. Adopting the viewpoint of TPTB necessary and difficult, but adopting their attitude is to lose.
Even if we blow ourselves up the HFT bots will keep on trading with each other using backup energy. All people would be dead but the market would close green daily. An ironic twist of fate, no?
i hear they did a risk ananlysis of if Cern would destroy the universe when it was switched on.
they came up with 600 triilion cash units. as the economic cost of the destruction of the universe.
I would like to take that bet, pay me $1000 a week, and if the universe is ever destroyed by cern ill pay up 600 trill
Hope it's a little higher percentage 'cause I always wanted to be KING!
So that's why the markets up so much. Thanks
The AMB chart reminds me of Sundance.....' use enough dynamite there, Butch ? '
As he chewed his Levi Garrett. Indeed one of the greatest lines ever.
if the gov shutdown occurs, fed workers will qualify for unemployment through the states but paid for by the fed - perverse
Ironically, gas prices have a much smaller affect on the unemployed. It's a good time to be collecting!
yes get paid by the gov to stay home - its green, saves gas - buy NFLX and obama prayer rug
Change you can believe in!
...anyone got change for a trillion dollar bill?
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