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Frontrunning: July 8
- Jim Willie: Road to Perdition (Financial Sense)
- Paper gold versus the dollar? Interview with Jim Rickards (Institutional
Risk Analytics) - Reid so toxic his son campaigns without last name (Bloomberg)
- ECB holds rates at 1%, faces liquidity grilling (Reuters)
- And somehow the IMF raises growth expectations as the world enters a
double dip (Bloomberg) - Hedge funds "frozen in headlights" cut trading as markets swing (Bloomberg)
- Bond and currency markets may have discounted deflationary trends. In other words, they get it. (Barrons)
- BP dampens hope of early leak fix (Reuters)
- Are you happy for "Perfect Citizen"? - U.S. program to detect cyber attacks on infrastructure (WSJ)
- Job nows, deficits...soon (WaPo)
- A heavy price for "cheap" mortgages (Post)
- The rout of Obamanomics (American Spectator)
- Reforming the Over-the-Counter Derivatives Market: What’s to Be Gained? (Cleveland Fed)
»
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Can You Hear Me Now?
The National Security Agency has begun work on an "expansive" spy system that will monitor critical infrastructure inside the United States for cyber-attacks, in a move that detractors say could end up violating privacy rights and expanding the NSA's domestic spying abilities.
It's called "Perfect Citizen"...no joke.
http://rawstory.com/rs/2010/0707/nsa-creating-system-spy-domestic-infras...
TPTB know the SWHTF soon. They are just getting everything into place. They are preparing. Are you?
Great idea, I bet with a few modifications it could be incorporated into search engines, ISPs and Blogs or better still incorporated into the CPUs of all computers, mobile devices etc.
We should all feel much safer knowing that any who may pose a potential threat or who have radical ideas can be monitored by HS and the NSA.
Fuck nut government doesn't deserve perfect citizens. Aint going to get perfect citizens. They are going to get too many fucknuts to keep an eye on.
front run this too.
"Congressman has a six pack." we can skip the nytimes article, here's the important stuff:
very nice:
http://www.tmz.com/2009/03/23/congressman-schock-can-sure-stomach-it/
but that shirt, oh my:
http://gawker.com/5561462/congressmans-outfit-making-gay-staffer-rounds-...
this is what i'm talkin' about. style. love the calvin klein suit.
http://www.gq.com/style/suit-guide/200909/aaron-schock-illinois-republic...
Jim Willie, Barton Biggs - etc get taken out first. It will only take 1 week a 1000 Dow points - not hard. By then the hapless hedge funds( the Dumb Money Du Jour) - will be all in. Then they get taken out ( September?). Everyone gets taken care of - in less than 2 months. Miracles of modern finance!
Good interview with Jim Rickards. I have to study up on SDR's. I don't fully grasp their value to the U.S. or to international trade.
Goddamnit. If I have to listen to another boat load of bullshit like that barton briggs dude I'm going to lose it. They keep yapping and yapping about stupid ass shit after the fact. it doesn't matter what the hell anyone does. You run a ponzi scheme it crashes. There's no way to unfuckup the crash.
And you fuckers know it. You knew it when you started it. You knew it when it ended. Quit this stupid bullshit excuses and stupid pedantic yammering about if they take another route than the one we are on it would be alright. You know that is wrong you rediculous fucking old man.
Good Post article. Short, not much to add, but reminds you how much all of this is interrelated and can come crashing down if the economy softens (which it will).
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