• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Guest Post: Here’s Why We Must Care About Shadow Banking

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Wed, 09/22/2010 - 15:16 | 598066 Battleaxe
Battleaxe's picture

I just got word that the Fed/Treasury are taking requests for words to write in the DOW chart with their manipulations. They are limited to the letters I, L, M, N, U, V, & W though.

Wed, 09/22/2010 - 15:39 | 598151 Cyan Lite
Cyan Lite's picture

Mega joke fail.

Wed, 09/22/2010 - 15:59 | 598177 Battleaxe
Battleaxe's picture

Sorry, too many impossible letters.


It looks like they were trying to spell something today, but it's a little shaky and hard to make out. W-u-n-M-?

Wed, 09/22/2010 - 15:20 | 598077 midtowng
midtowng's picture

How can we finally kill this monster?

Wed, 09/22/2010 - 15:27 | 598100 Ripped Chunk
Ripped Chunk's picture

Looks like a great series. Looking forward to it.

Thanks Dave Freidman & TD

Wed, 09/22/2010 - 15:51 | 598197 doolittlegeorge
doolittlegeorge's picture

as you yourself report so well the BD's are getting killed.  great news for real banking?  look out barter, here we come?  so glad to know "the horse and buggy really were superior."  having seen barter first hand in New Hampshire (can the horse and buggy be far behind?) let's just say even where you think it might work it "strains personal relationships."

Wed, 09/22/2010 - 16:25 | 598313 breezer1
breezer1's picture


Wed, 09/22/2010 - 18:39 | 598684 Implicit simplicit
Implicit simplicit's picture

Dodd/Frank still allowing this shit because they have their own special purpose vehicle-political bribes from the banks

Wed, 09/22/2010 - 18:45 | 598698 MarketTruth
MarketTruth's picture

bribes is just a very small taste of the action, once they are out of office they get cushy jobs for millions a year and/or speaking 'fees' for the companies.

Tue, 09/28/2010 - 22:22 | 611744 AmericaRacket
AmericaRacket's picture

Frank is in on it because if he isn't that little underage boy-whorehouse he ran in Boston will get much more publicity.  Barney is owned for life.

Wed, 09/22/2010 - 21:37 | 598994 jmc8888
jmc8888's picture

#2 Because it can crash the world economy into a new dark age

#3  Glass/Steagall

Or are we trying define a better circle?  Why not just draw the FUCKING CIRCLE and BE DONE WITH IT????

Oh that's right, people have sucked the cock of monetarism so long they think it's a nipple.


Wed, 09/22/2010 - 22:20 | 599046 New Revolution
New Revolution's picture

End the Federal Reserve Bank.   That stops everything.   Replace it with a Suffolk styled regional system of banks 2/5ths of which are owned by the US Treasury and subscribed to equally to the remaining shareholders and publicly traded.   The regions would then amount to the equivilant of a central bank similar to that which operated quite efficiently prior to the Federal Reserve Act of 1913.   Reinstate Glass Steagall.   Take the US Treasury debt held by the Fed and the 2B2Jails (without the Fed they collapse) and wash away about 40% to 50% of the National Debt which also washes away a lot of the money used to buy the President and Congress.   Take the money salvaged from the wrecks of the aforementioned and do an RTC on America's remaining banks.    Indict everyone who was at the March 11th luncheon at the Federal Reserve Bank in NYC in 2008 and those who aided and abeited that crime.   It's perfectly legal to do so under Federal RICO statutes.   Too simple?   Try it.   America will be back on its feet and kicking ass within 3 months.

Thu, 09/23/2010 - 07:49 | 599423 blindman
blindman's picture

i like it, second that motion.

Thu, 09/23/2010 - 10:50 | 599798 Kobe Beef
Kobe Beef's picture

great ideas. Let's get it started.

Thu, 09/23/2010 - 08:23 | 599454 Grand Supercycle
Grand Supercycle's picture

Short signals detected yesterday have now increased.


Sat, 09/25/2010 - 23:04 | 605022 CL1
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