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Hey, there are a billion ways to slice and dice 0.25.
0.24% here we come. But really, who here thinks this ship will ever be taken off the rocks and be put back together again? Hu? That's hu.
It's done. Over. Humpty has taken a dumpty.
Greenspan on Gold's Rise - CNBC 4/3/11
Thanks for link re the Professor:
"Gold is universally acceptable as a means of payment.
Watching gold is a good indicator of the stability of the system"
Yup - he also mentioned the counterparty risk factor. IOW, if you are watching gold - best to be doing it in closeup mode.
Next he spoke about how to save money on date night, by using yourself and only a vacuum cleaner...
BANG DA DYSON
Does he also not understand the difference between suck and blow?
Raise short term rates. The USD will explode, and shoot the fear of GOD inTo the currency markets. OIL (#clj11) will pound into the 87 area.
No Chance. People here need to realize the Fed works for the banks. So, to accommodate the higher fuel prices (which the banks are 100% responsible for), they'll print MORE money, buy more bonds and further send the middle class to poverty. Ah, the AMERICAN WAY! My suggestion, put food and gas on your Chase credit card and dont pay it. I know your slave score (credit score) may get damaged, but who really cares about that? If you have a mortgage, stop paying it. Take all your cash out of the banks and keep it at home, buy gold/silver, etc.......STARVE THE MOTHER FUCKING BEAST!!!
Well done, Tyler!!!
It hurts me to say this. JR is a fantastic, well read Scholar! He is a man of his conviction, and of reputation. When JR speaks,left or right. It would be wise to listen. His wisdom has helped me. The spring of 2010 aud/jpy. Best wishes JR!
i watched.....stevie wonder can see the farce....shouldn't santelli quit and go out in an epic world changing event.....how does he stand there and take it....same with ron paul, with their assumed principles wouldn't you think .."the im not going to take it anymore" moment should be like seconds away...what are they waiting for?
"The figures bandied about are eye-popping. When the Fed first embarked on its policy of asset purchases, known as quantitative easing, Goldman Sachs economists estimated Fed credit to the banking system might have to expand to as much as $4 trillion to $5 trillion in order to grapple with the scope of the financial crisis.
According to Meyer, the Goldman estimates were in line with those of Fed staffers. However, the central bank's policy committee saw this as complicating an eventual exit strategy, and stopped well short"....... from Reuters September 5 2010
An exit strategy will be complicated by design, the only unknown is the catalyst.
what a CRETIN. My God.......I am continually embarassed by what passes for intellect in USA. back where I came from it's called "showin' yer ass"
Other guests in the square, reaction to mister meyer saying the (privately owned) fed should unambiguously ease:
Greenlaw: (drops jaw)
Brown: (deer in headlights look)
Liesman: (nods head in agreement)
Santelli: (shakes head in disbelief)
Plumbing new lows on CNBS. Send in the Clowns...
Send in the clowns? They're there.
Ladies and Gentlemen, there's the sign post up ahead. You've just crossed over into the Twilight Zone.
We've been in the Twilight Zone for years. We are about to be whisked away to the magical cornfield.
I tend to disagree simply because you ain't seen nothing yet. In six months, a year, two years we will look back at today and the two years since the market bottom and fondly remember how the Fed's damage looked so minor and repairable.
The USS nuclear submarine America is being take down well past crush depth. Who wishes to blow the escape hatch now and only experience potential death from the bends or go down with the ship to certain innilation?
Probably a good time to find my spirit animal then?
Santelli's "look away" toward the end of the video tells it all -- exasperation at the idiocy of the Fed believers.
I'll take Santelli over that Cue ball any day. I love the bond calls on Chicago. Rick you kick ass. That q-ball guy, is a 9-ball.
Alien visitor, maybe?
Or just another example of the failure of the American education system?
And this guy gets a huge bonus for saying crap like this ... so perhaps it isn't a failure after all. LOL.
Is it me or does mister meyer have a really annoying voice? I know his words are what's important but his voice makes me wanna smack him and tell him to man up.
It's not you.
What is your Dimension? VIX or 10's up some basis points? Yield curves? Oh now I'm in your flight path. UFO's
WE WILL CONTOL ALL THAT YOU SEE AND HEAR:
OMG! I remember playing around with a TV set with Horizontal and Vertical controls.....
It also made that tiny little white dot in the middle of the screen when you turned it off.
You sure it wasn't an Etch-A-Sketch?
I watched captain kangaroo on it daily. I don't think the Etch-A-Sketch could do that.
Depends on your state of mind. I seem to recall watching H.R. Puff-n-stuff on mine.
Rod Serling just phoned. He said "No f**king way."
Really not like Rod to swear like that.
According to them we reached 70% labour cost. That means 2 things, chinese product is to expensive or Walmart gritters are paid too much. I guess we don't have choice of vendors so we have to reduce wages at all chinese resale enterprises. All military outfits are not affected for now.
What an idiot--more inflation anyone?
At least some of us will soon be paying for gas with silver:
Charlie Sheen. Live. On The Internet. 10 pm. East Coast Time. Tonight.
The Video Lobotomy channel? No thanks, He gives me Brain Freeze.
I know! The banksters are gonna take the freshly printed money from a rate drop, use it to bid up the price of oil...and thereby obtaining the lions share of the product flow...and turn around and sell it to US refineries at a loss for the benefit of the American people!
Perhaps if we built a large wooden badger...
you don't think that the Fed *paying* Goldman or Pimco to borrow money is out of the realm of possibility? /sarc
I'm not sure you could be this stupid on purpose. The scary thing is they obviously think their listeners are...
You and I don't necessarily agree on everything, but your comment is spot on... Along with CD, we are stepping into the Twilight Zone and aside from a sponsered commercial break, this episode doesn't have an end.
fed head, fog without the bong
Trish is hot and SMART. Sometimes I am glad I am not straight.
Steve Que-ball LIESman really is a needle-nosed dufus
Hey dufus, THE FED WILL END ITSELF and with it all your croonies HOPES AND DREAMS!
This is just another indicator that the so called "economic experts" is a totally isolated collection of the most ignorant groups of sick stupid fucks that can be amasses in one industry. GIMME A BREAK! Is this the epoch of what goes for "economic deucation and professionalism????
That meyers guy ought to be drug behind a pickup until it is just a bloody mess. What a stupid fuck. Lower interest rates??? From 0-.25% to what you fucking genius?
Nothing that makes my blood boil (and other citizens) is stupid fucks like this getting up and saying something so obviously stupid and then not ridiculed for it. This fucker is toast in economic circles. Which means he is a prime candidate for the FED RES or SEC or US Treasury. TRUE?!
Ease What ???
WTF...this is getting more and more surreal by the minute.
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