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Can you frontrun gold getting blowtorched on a 5 minute chart ....?
But Blythe will get the blame, or crymex, eu, profit taking because of tax ect.... Not the smoke pouring off a 2011/ 3.5 GDP outlook/print.
Hehe..at this rate, every 1/2% in GDP will cause prices to double. Hmmmm
Well that's it, we're officiall fucked.
Sarah Palin is the only chance we have at being saved, and the bankers will get the Fed to absolve them of the Mortgage mess. Someone get my guns. I'll be out back digging my bunker if anyone needs me.
Gov Jobs Go To The Politically Connected; Qualifications Irrelevant
In another startling expose, water found to be wet.
That reuters article was excellent, thanks for posting.
+1 Surprisingly on the the mark!
I have been bitching about this for years, and the masters of the universe never saw this coming...
In fact they still don't see it!
Jay-Z Does A Strategic Default; Gives NYC Hotel Site Back To Bank
*: Mr. Durden retains sole power to bind Zero Hedge. No other person shall have actual or apparent authority to bind Zero Hedge to any contract. For any questions regarding this policy, or any other policy, contact legal [at] zerohedge [dot] com.
How can a fictitious character be bound to any contractual obligation? Moreover; if "Everyone is Tyler" how can everyone be bound without explicit individual consent?
Can a singleton member of the Borg be charged for the collective actions of the Borg?
Is this an April fools joke or are you trying to dumbfuck me?
Lloyd B Gets $111 Million Bonus Windfall
How does Goldman make their money? Anyone?
"Is America the sick man of the globe?"
The only difference between us and Greece is a printing press.
District attorney seeks to bar Vail victim's testimony in plea hearing
While Erzinger was originally charged with a felony and two misdemeanors, Eagle County District Attorney Mark Hurlbert controversially forwarded a plea agreement that would result in the dropping of the felony charge in exchange for guilty pleas to the misdemeanors, noting that “felony convictions have some pretty serious job implications for someone in Mr. Erzinger’s profession.”
interesting, I ride and run in this area a lot, know that pizza hut well, town of Avon at 70 it looks like, erzinger is a lying a-hole
man, thank you ;-)
Reuters is either ignorant or just plain disingenuous:
"At the other end of the spectrum, deregulation and a laissez-faire attitude toward financial institutions culminated in the housing "boom" that former Ohio Attorney General Richard Cordray (who failed to win reelection in November) has aptly described as a "Roman orgy" of debt."
The article seems to want to point to the banks as the culprit when it was the banks and the US Congress, Clinton, Bush, ACORN and the Dept. of Urban Development . The banks were hammered and cajoled into lowering their qualification standards for consumer mortgages, against their will in most cases. All you need to do is Google; "Community Reinvestment Act". The orgy of debt has one big, two-headed, "Jabba the Hut" sitting in the middle of it, the US Federal Government. The banks responded by dicing up the sketchy loans and the good loans and making into the illiquid, poison, sausage we know as CDSs.
I must also point out that mortgage brokers acted all on their own in standardizing on these hokey "black-box" web apps to fudge people into loans they couldn't afford.
Lastly, let's not forget the unholy relationship that the home appraisers had with the lenders that drove up prices at an insane rate. Reuters can only be trusted so far with a big story like this...
Appraisers work for the banks. As does HUD, the fed, Treasury, Congress, originators who merely answered calls from banks for ever more paper and the courts that foster lawful plunder (along with an army of millions in the legal arenas). Who has survived, those dumb fuck lemmings at ACORN or the hard core predators at the banks?
The common thread is the banks and the parasites that live in symbiosis with the banks. Which one are you, the predator or the parasite?
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