• asiablues
    03/20/2010 - 19:47
    My take on views expressed by Jim Rogers at a BBN interview on Mar. 18 about the recent currency and trade confrontation between the US and China, the Canadian loonie and the U.S. bond market.
  • Chopshop
    03/20/2010 - 04:48
    Phinance's phavorite political prisoner, Martin Armstrong, cautions that "the EU is in dire position", on the precipice of shattering. Since "debts will never be paid and interest expenditures are the greatest transfer of wealth in history ... Western society is falling apart ... If we do not act, civil unrest will explode. The current choice is DEFAULT or HIGHER TAXES & CIVIL UNREST ... Someone has to step forward to save us or we may be doomed. It's time to wake up for this is the future of our children and their children at stake. "
  • Econophile
    03/20/2010 - 00:41
    As promised, here is the complete article, "China's Fragile Economy, Its Housing Bubble, and What It Means To Us," in a downloadable PDF. You can download it, print it out, and read the entire piece at your leisure. The conclusions aren't encouraging, for them or us.

Friday Night Musical Interlude: Neal Fox On The Fed

Tyler Durden's picture




As Marla may or may not be spinning tonight, we leave you with this until such time as she decides what she is doing.

5
Your rating: None Average: 5 (5 votes)



by Miles Kendig
on Fri, 11/06/2009 - 20:04
#123112

And for folks who are wondering about spinning at home....

http://www.google.com/products?q=toy+sit+n+spin&oe=utf-8&rls=org.mozilla...

by Road Runner
on Fri, 11/06/2009 - 20:09
#123118

Don't drink and spin.

 

by Anonymous
on Fri, 11/06/2009 - 21:14
#123154

you might spill your drink

by lizzy36
on Fri, 11/06/2009 - 20:07
#123115

the tags today have been .......exceptional (as has the work, but that goes without saying).

by Miles Kendig
on Fri, 11/06/2009 - 20:15
#123120

BIG time lizzy.  The slide keeps getting better. Like wines and women (and perhaps men although I couldn't address it)... They get better with age.

by bonddude
on Fri, 11/06/2009 - 20:17
#123122

Nothing worse than a 97 Barolo spit. good wine wasted.

by Road Runner
on Fri, 11/06/2009 - 20:18
#123123

Dear Marla,

You simply must spin.  I insist.  If there is anything that I've done to offend, disturb, put off, piss off, antagonize, provoke or generally dis in any way I am sorry and will punish mysely accordingly.  You must spin.

Yours in the musical elysian fields,

RR

by Cheeky Bastard
on Fri, 11/06/2009 - 20:24
#123127

come on Tyler, we are praying to her monkey-bots Paulson and Geithner ... please do something ;D ....

by RobotTrader
on Fri, 11/06/2009 - 20:27
#123129

Where is Wallstreetpro2?

I miss that baseball bat.

by Cheeky Bastard
on Fri, 11/06/2009 - 20:29
#123130

probably

a) in jail for pot growing

b) living in the middle of nowhere waiting for TEOTWAWKI

c) moved on to something bigger ...

by Miles Kendig
on Fri, 11/06/2009 - 20:36
#123135

d)  The local thrift store ran out of Chinese junk

by cbxer55
on Fri, 11/06/2009 - 21:48
#123175

e) Some drunk Chinaman beat out a tune on wallstreetpro with an American bat.

by Nolsgrad
on Fri, 11/06/2009 - 21:09
#123152

by Fritz
on Fri, 11/06/2009 - 21:06
#123151

Fuck the Fed

by Miles Kendig
on Fri, 11/06/2009 - 21:15
#123157

Only with protection.. preferably vinyl...

by Anonymous
on Fri, 11/06/2009 - 21:32
#123166

Fuck was I

http://www.youtube.com/watch?v=_loBAsoF4bY

by Apocalypse Now
on Fri, 11/06/2009 - 22:12
#123190

Who owns the Fed?

Which individuals own the majority positions in the banks that own the Fed?

Are those individuals acting in their own best interest against the interests of America?

Seriously, I want to see a post on who owns the Fed - taking a page out of Ayers book Rules for Radicals, we need to focus on an individual (perhaps this is Goldman Sachs) like a laser beam and keep attacking.  With the corporate veil, personifying the evil is a bit more difficult although it is working to a degree with Goldman Sachs.

Still, we deserve to know who the puppet masters are.

by Anonymous
on Fri, 11/06/2009 - 22:21
#123195

Agree completely.

I just posted something similar on GW's Investor Psychology thread about Fear Turns People into Sheep:

We need visuals, graphics that can communicate the corruption quickly and clearly to the more naive masses.

I focused on GS, but a graphic of the Fed's components is just as high on the priority list. People believe that the "Fed" is truly the Federal government, thus believe all the Ron Paul stuff is craziness, until they start digging further.

Sadly, many have not yet done so. A graphic could gain momentum quickly.

by Anonymous
on Sat, 11/07/2009 - 10:32
#123422

The Rothschilds. Google it. You'll concur.

by agrotera
on Sat, 11/07/2009 - 00:32
#123274

This is awesome!  So well said!   Is it on MTV aor VH1 yet?  SONG OF THE CENTURY!

by Joe Sixpack
on Sat, 11/07/2009 - 01:02
#123291

Proclamation on the Federal Reserve System of the United States of America

 

www.RevokeTheFed.comMarch 2008

WHEREAS, Article I, Section 8 of the Constitution of the United States of America authorizes Congress "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures";

WHEREAS, on December 23rd, 1913 the US Congress enacted the Federal Reserve System;

WHEREAS, the Federal Reserve System is considered an independent agency within the federal government, with oversight of Congress and containing appointed public officials on its board of directors;

WHEREAS, the Federal Reserve System Controls the Federal Reserve Note, the official currency of the great nation of the United States of America;

WHEREAS, there may be controversies regarding the legality and constitutionality of the Federal Reserve System, it is recognized that the said system has operated continuously as the central banking system of the United States since the inception of the Federal Reserve Act of 1913;

WHEREAS, the Constitution of the United States of America granted Congress the authority to create the current Federal Reserve System, it also does grant Congress the authority to modify or revoke the Federal Reserve System;

WHEREAS, the actions of the Fedreral Reserve System represent the credit and currency of the United Stated of America to the citizens of this great nation and to the world;

WHEREAS, the Federal Reserve System, acting independently within the federal government allowed, supported, and even promoted parasitical and non-productive uses of the money and credit of the United States of America;

WHEREAS, the United States and likely the entire world's financial system is undergoing massive de-leveraging of the said parasitical and non-productive uses of the credit and money of the United States of America (as well as other nations' currencies);

WHEREAS, the US dollar, the "Federal Reserve Note" is declining in value due to these parasitical activites, as well as potentially other causes;

WHEREAS, it is recognized that the citizens of the United States and other nations did willingly participate at some level in the creation and propogation of said parasitical activities;

WHEREAS, it is also recognized that the United States of America, a sovereign nation, has the legal, moral, and God given authority to take actions to benefit its citizens and to protect its good name, credit and money in times of difficulty;

WHEREAS, it is recognized that the current time is such a time of great difficulty;

WHEREAS, it is recognized the parasitical financial institutions and their activities are at odds with citizens of the United States of America and the good credit and money thereof;

WHEREAS, the current indications are that the Federal Reserve System is acting to preserve the financial system currently flooded with the parasitical activities;

WHEREAS, the current indications are that the neither the Federal Reserve System, nor the Congress of the United States, nor the people of the United States have access to the books of the institutions being preserved by the Federal Reserve, and therefor the degree of inter-connectivity and risk associated with the institutions and other entities cannot be determined;

WHEREAS, the Federal Reserve System is accepting non-performing assets as collateral for credit with ultimate taxpayer responibility to entities not under its legislative mandate;

IT MUST BE CONCLUDED, that the Federal Reserve System is not acting to the benefit of the people of the United States of America, its credit, money, and good name;

WHEREAS, it is recognized that the political will and capability of the government of the United States of America may not be up to the task of prosecuting this proclamation ; It is also recognized that this may be the only hope for the continued survival of the United States of America as the great nation as it has historically existed.

NOW THEREFORE, it is PROCLAIMED by those supporting this Proclamation that the Congress of the United States of America FULLY NATIONALIZE the Federal Reserve System, and take full control of the credit and money of our great nation; The Congress must take whatever action necessary to seperate out, sequester, disown, or otherwise neutralize the effect of the parasitical financial activities which led to the current crisis; The Congress of the United States of America must reorganize, replace, or terminate the Federal Reserve System as appropriate; or otherwise devise a system for creation of the national currency.

IT IS FURTHER PROCLAIMED, that the Congress of the United States of America in cooperation with the Executive of the United States of America contact allied nations and any other nation willing to participate in the overhaul of the failing and parastical financial sytem currently in operation and create new treaties and alliances as necessary to create a sane and productive system of finance with the express goal of supporting a productive national, and by extension and through voluntary cooperation, world economy;

FURTHERMORE, it is PROCLAIMED that it should be the goal of such an international effort to maintain fair international trading practices allowing for protection in national interest of labor, resources, and productive capabilities;

WHEREAS, it is recognized that such a move on the part of the United States of America may result in the necessity of an isolationist policy IF the other developed nations do not follow our lead; If such occurs, so be it.

SO HELP US GOD!

by Anonymous
on Sat, 11/07/2009 - 10:33
#123424

It's all fine to say "Fuck the Fed", but what does that do for us?

We need to peacefully organize ourselves, globally. We should pick a date, like one week before the 2010 elections in the U.S. Organize events all over the world on the same day that communicates the message that billions of people aren't going to put up with this.

No violence needed. Look how quick BofA jumped to reduce that chick's interest rate after she pitched a youtube-bitch, her debtor's revolt.
http://www.youtube.com/watch?v=jGC1mCS4OVo

The politicians and banksters will not respond unless "We The People" become a force they have to negotiate with. Otherwise, current trends will continue...

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