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Frontrunning: March 1
- Evans-Pritchard: Don't go wobbly on us now, Mr. Bernanke (Telegraph)
- Euro drops, pounds plummets below $1.48 for first time since May (Bloomberg)
- Greece now, U.K. next as Scots ready for pound plunge (Bloomberg)
- Summarizing eurozone's derivative deals, at least those known to date (XE.com)
- Alphaville's 72 hour delayed breaking news on Weimar hyperinflation: about par for the comfortably oxygenated FT blog (FTA, and Zero Hedge)
- RBS paid £1.3 billion to bankers on profit of £1.0 billion in 2009 (Telegraph)
- Looks like BTIG will be to Pali as CRT is to RBS (Bloomberg)
- HSBC started the subprime collapse: just announced disappointing net on bad loans - another canary in coalmine? (Bloomberg)
- Squeaky wheel gets the Greece (sic) (Brown Brothers)
- Barton Biggs - hedge funds are hitting middle age (Newsweek)
- Very few people foresaw the great recession of 2007-2009 (Bloomberg)
- And FTW: US and UK can handle decades of debt (FT)
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Front run this too:
JPMorgan hires sleezy law firm for foreclosures. Fake documents in Court. Judge orders sanctions but no criminal charges.
http://www.nypost.com/p/news/business/liening_on_brXWsORtBjnxgpXskq8x5N/0
It's ok. They are just honest mistakes. LOL
We are taking an unofficial poll – see the sidebar to the right – as to who you feel is in control of our government. The outcome – while not scientific or controlled – should be interesting.
http://www.goldmansachs666.com/2010/03/goldman-sachs-links-and-news-week...
Quote of the Day
Britain’s public debt and deficit are unsustainable
http://www.ft.com/cms/s/0/eaff3fe8-e50e-11de-9a25-00144feab49a.html?ncli...
People in the U.S. should carefully study Great Britain. If you want to understand what your future looks like, look no further. GB is a few years ahead of us. Look at the numbers shown on the linked graphic, then ask yourself why has GB implemented their advanced surveillance and control state? Why has GB disarmed it people? The class system is re-implemented, with armed gatekeepers and total information awareness. Resistance is futile. Welcome to the collective. All real wealth has been gathered in, and it's not yours.
Our government disarmed us because we requested they do. It's just a little difference of opinion between our cultures but we prefer to not have wingnuts shooting up our schools, innit?
your politicians were shooting students?
Ya stabbing is so much more civilized.
Germans want to have RFID chips. one in four.
The pound & EUR are in the crapper. Who said the Dollar was toast?
So RBS is proof positive that....
Some companies exist for the benefit of its officers....and not the shareholders....
What does this suggest ?
A few people foresaw the great recession of 2007-2020 and were severly ridiculed for it because it was planned. (Bloomberg)
Fixed.
DXY above 81
Ambrose is one of my favorite financial writers. He eloquently & uniquely captures the structure & feeling of financial doom.
death & destruction should sound pretty
Evans-Pritchard, the mouthpiece for the Queen's policies. Describe how bad the situation is.....be one of the few that's allowed to talk.
Why? So that the push can be made for Austerity. The Queen's ultimate plan.
Her system crashed, and now according to her mouthpiece in just about every article recently, austerity and budget cuts are the cold hard reality.
No, Austerity is the queen's wish, and austerity won't stop the collapse coming, nor caused it.
So while you might get lulled to sleep by someone seemingly telling you the ugly truth. Oh, ;they're the best' you think, they're real. Just wait, the malthusian austerity policies they will push based on this new 'reality'. Sadly some will have been swayed by someone talking about 'reality', and thus back the queen's genocidal policies.
Mouthpiece for the Queen. You'd do well to remember that whenever 'solutions' are offered, they are only designed to benefit the system, not ANYBODY living within in, except at the top.
Guaranteed to be unrealistic calls for cuts in things most needed and whose cuts will not favorably effect the outcome of this economic disaster by a SINGLE DAY! Thus the mouthpiece who will call for our willingness to accept austerity. Wrong. Won't happen. Not when this whole systemic crash is caused by fraud from the top, not handouts to the bottom.
.
"Summarizing eurozone's derivative deals, at least those known to date"
It is a shame Reuters can be so Tabloid.
everything is bad bad bad, and still the stock markets rally rally rally.
After three weeks of political wrangling, a deal to bailout Greece may actually be announced later this week, according to several reports this morning.
http://www.huffingtonpost.com/2010/03/01/greek-bailout-coming_n_480376.html
Obama re initiates Patriot act. Bastard.
Well they better keep an eye on me. I'm pretty fucking dangerous.
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