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Ron Paul Statement On The Fed's Bailout Of Europe
From Ron Paul
Statement on the Fed's Continued Euro Bailout
The Fed's latest actions in cooperating with foreign central banks to undertake liquidity swaps of dollars for foreign currencies is another reason why Congress needs enhanced power to oversee and audit the Fed. Under current law Congress cannot examine these types of agreements. Those who would argue that auditing the Fed or these agreements with central banks harms the Fed's independence should reevaluate the Fed's supposed independence when the Fed bails out Europe so soon after President Obama promised US assistance in resolving the Euro crisis.
Rather than calming markets, these arrangements should indicate just how frightened governments around the world are about the European financial crisis. Central banks are grasping at straws, hoping that flooding the world with money created out of thin air will somehow resolve a crisis caused by uncontrolled government spending and irresponsible debt issuance. Congress should not permit this type of open-ended commitment on the part of the Fed, a commitment which could easily run into the trillions of dollars. These dollar swaps are purely inflationary and will harm American consumers as much as any form of quantitative easing.
The Fed is behaving much as it did during the 2008 financial crisis, only this time instead of bailing out politically well-connected too-big-to-fail firms it is bailing out profligate government spending. Citizens the world over deserve better than this. They deserve sound money that cannot be manipulated and created out of thin air by central planners who promise printed prosperity. Fiat money caused this European crisis and the financial crisis before it. More fiat money is not the cure. The global fiat currency system has proven itself a failure, we need real monetary reform. We need sound money.
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they're an autoerotic Siamese twin
God that is FUNNY!!!
No the way it work is Bernie works for a few VERY FEW wealthy and powerful people, and they allowed the clown boy live in the White House so long as he doesn't ask too many questions, or show any balls to do anything that would conflict with the looting.
I am The Chief.
Other way around.
The other way around. The central banks have already taken Europe and next it will be America.
Paul is right its inflationary.....WHERE is the VOLUME in is 420 up market....Market is FUCKING BROKEN
The market might be up 400+, but it's offset by the dollar going down today (inflation). stockbrokers can hold up the charts and claim they made you money, but the money they "made" is all worth less than it was before.
Hey, dude said 420
Harharharyukityyuck...snort.....I hate it when that happens.
I love that guy. Too bad those other government types can't understand what he's talking about...
Those govt types understand quite well, they just don't care. They only care about serving our banker overlords.
To be a "Head of State" these days, you need knee pads.
Now that we own Europe do we all get free German cars and French wine?
No. But you can have French cars and German wine, how's that?
A Citreon and a bottle of Blue Nun?
Free. Both. I'll throw in some Greek bonds. Deal?
thanks you'll see how this turns out in the next episode of COPS, Interpol edition. Drunk drivers who try to outrun the cops in a Citreon.
Oy! Not all French cars are bad! Some of them are quite horribly disastrous.
In heaven the cooks are French, the police are British, the mechanics are German, the lovers are Italian, and everything is organized by the Swiss.
In hell the cooks are British, the police are German, the mechanics are French, the lovers are Swiss, and everything is organized by the Italians.
Bugatti??
Gene, I own a French car, and it ain't that bad. Pininfarina design. As to German wines, the Rislings are quite nice.
More likely Peugeots and rotten Retsina.
WTF, throw in some stale Baklava for shits and grins
u dont own a damn thang except more debt...the bankers r running this shit and taking it all...
no violence, no justice...
JS1234 asked:
In a manner of speaking, yes: a Trabant and an MP3 player loaded with speeches by Sarkozy (French whine).
come on Ron those are US taxpayer dollars. don't be afraid of a little populist outrage no one is going to confuse you with howard dean.
Sounds like a quack to me, Fox News told me so...
The comforting words of the father of central planning "in the long run we are all dead" -keynes
I feel better already.
I just can't believe these clowns are the "frontrunners":
http://www.youtube.com/watch?feature=player_embedded&v=O1RKPfMqGOg
On second thought, I can.
Someone go find the video where in Congress, Ron Paul questions Bernanke if he will bail out Europe... And Bernanke says no. WHAT A F*CKIN LIAR!!!
I FOUND the video. WATCH THIS FROM 4:44
http://www.youtube.com/watch?v=fJ8lHp-ihCI
Bernanke:"We have no plans whatsoever to be involved in any foreign bailouts or anything of that sort."
HE IS LYING STRAIGHT IN OUR FACES.
Ask and Ye shall receive ... video of Ron Paul facing off with Ben Bernanke. Scroll forward to the 4:35 mark. Paul asks Bernanke: Are you currently negotiating a bailout of Greece? Bernanke replies, "I am not." Vid was posted on YouTube back in Feb. 2010 ... this not my youtube channel so can't really tell you about the disconnected title and channel user's comments ... but the media clip is pure.
http://youtu.be/SasxwIqwB8o
thank you sir =]
if a Texas congressman shouts in the woods does he really make a sound? Now if Ralph Nader had said it...look out.
//sarc off//
This guy should run for president!
That's what I told him back in 2008:
http://joesixpack.me/ron_paul_letter1.html
Sound money..... THERE ISN'T ENOUGH GOLD AND SILVER TO CREATE ENOUGH SOUND MONEY!!!
Unless you make coins the size of nano particles....
or reprice gold to $50K an ounce.
It won't happen. Not in this century.
Well FOFOA disagrees with you.
Besides that, in the past 100 years the USD price of Gold has increased from $35 an ounce to $1800 an ounce ~ 5000% increase.
If ONLY the same 5000% rate of appreciation occurred over the next 100 years you'd be at over $90K per ounce.
Never mind the fact that money supply growth is greatly accelerating as the debt ponzi approaches its ultimate mathematical conclusion.
Barnanke said it all when he was asked about a return to the gold standard. He said there wasn't enough gold in the world to backstop all of the dollars. At one time, the US alone had enough gold to backstop all of the dollars. Gold is clearly the problem.
Ah, that assumes an unchaged price of gold.....
Colloidal silver ...??
Well there is enough. A lot of "wealth" will be vanishing. That's why everyone needs to get out of paper and into hard assets (Gold/Silver/Land).
Just don't sew them into the lining of an ugly jacket, then donate that jacket to goodwill
The wife bought a rolling suit bag at a thrift store recently for a couple of bucks and it had about $100 worth of 20 dollar bills stuffed in the various pockets.
That's one of the drawbacks of stashing your swag and it applies to holding physical PMs.
The argument assumes sound money was never possible, or implemented.
They could make alloys of say 5% or 1%.
Plastic rounds with a small piece of silver or gold in the center.
Then APMEX can add another premium to their bullion.
It only costs $5 to dig plastic out of the ground.
You are a moron. There is plenty of gold/silver. The issue is AT WHAT PRICE??? Your argument is specious
So if everybody is giving the Fed their Euros for Dollars, then the Eurozone dissolves, who eats the loss?
Welll. The US will be holding euro's and europe will be holding dollars....
Rhetorically speaking of course.
I don't pretend to have read the details. But I can pretty much promise you they are swapping Euro Zone debt, denominated in Euros, for Dollars.
The Fed eats it. Place all bad assets into the Fed. Dissolve Fed. Issue new fiat currency. Start new Fed.
I agree with him 110%
The banksters will fight RP to the end but he is correct. I hope the "good old boy system" is about to die the death it deserves.
The only opportunity for real change in America
who is ron paul? back to watching judge judy
GlobalPost - How much would this (the US Fed to act as a lender of last resort for debt-laden European nations) cost, and what would the impact be on US taxpayers and the American economy?
There would not be any cost to the taxpayers, since the Fed could carry out this program just as it has done its $2.3 trillion of quantitative easing (QE) since 2008, by creating money.
-The Center for Economic Policy Research (CEPR) co-director Mark Weisbrot
These types of people certainly operating under an interesting assumption, that being, that QE and "creating money" do not impose a cost on the taxpayers.
The truth is, the bank are backstopped by the governments and they answer to no one.
They call the shots.
Get back on a gold standard and remove the ability to print money at will.
The governmetns are backstopped by the banks
I had it right the first time.
The banks decide what they are gonna do and the governments make it legal.
Man, why is this guy not 20 points ahead of the nearest GOP jagoff? Elites hate him... maybe?
Maybe he is, but the real voting hasn't started yet.
Does anyone really believe they "scientifically" polled 400-600 Registered Voters, "likely to vote" and Ron Paul only got 8%? Cain, the ex-banker with groping and lying issues gets more votes. Rick Perry who can't even remember his own plan gets more. Romney has no plan, but a nice smile. Gingrich copies Ron Paul, but has collected millions in consulting fees (ie. taxpayer money) from bankrupt and corrupt Freddie Mac. Meanwhile Ron Paul crushes them all in every debate. It makes no sense to me.
the first question the registered voters were asked by the pollister was "Are you likely to vote for Ron Paul?". If they said, "yes", the pollister said thanks for their time, hung up and didn't count that call.
If that's true, then Ron Paul wlll win. I hope so.
What little of the Republican Presidential race I have observed has all looked like a big dog & pony show to me and little more. Obama will win reelection, the rest is a sideshow carnival. And if, in the unlikely event a Republican wins, that person will be an inside man, too. There is zero chance that the election will change anything. It is done merely to keep us believing the lie.
I wouldn't be too sure about O'boingo's reelection.
I just can't help but to think that we haven't heard the last of Hillary Clintoris' presidential aspirations.
stay away from hot tubs Ron Paul... the status quo does not like you.
During a 2007 rally Ron Paul said that more people die by slipping in their bath tubs than in terrorist attacks. I called out "War on bath tubs," and the crowd roared. Ron motioned in my direction and said "Like this fellow said..." and went on with his speech.
That's my big Ron Paul moment.
SPY back to 12/29/1998 level.
That was close. Almost had a collapse there.
In the end, only one man has the real freedom.
I gave a presentation yesterday to some people on "sound money" and the austrian theory of malinvestment......they had no clue what I was talking about. When I finished I asked them if they had any questions, and not one....I took that as thehad no grounds with keynesian retorts, or they were just plain stupid, brainwashed sheep.
Keep fighting the good fight. Think about five or ten years ago, and how much progress we've made. More and more people are starting to understand that the Fed is the souce of the problems, not the cure.
Keep rockin, man
Austrian economics is no better than Keynesian. It's easy to fall in a simplistic binary analysis and say that because the current system doesn't work, therefore the opposite will.
But all we ask is for the chance to try the other system for a change.
Besides, execution is as much important as planning. A good plan with poor execution can fail, and a poor plan with brilliant execution can be quite a success.
A purely free market works.....thats why we dont have a free market. Quit being so naive......
OK, in your wonderful free market, what stops the mafia? Power gets concentrated because the big boys are free to manipulate the system as they please. Then you no longer have a free market, you have more along the lines of what America is today. The political spectrum is a circle. When you go too far off the right you re-emerge on the far left. Freedom must be vigilantly regulated or you lose it.
Uhh, no. Free markets do not allow violent intervention, nor threats thereof in economic decisions. The Mafia is exactly the same as a government.
The political "spectrum" is two dimensional, with economic and personal freedom forming the two axes.
The only reason the "far right" and "far left" look the same is because they both wind up sacrificing the freedoms the right and the left cherish in order to persecute those exercising the freedoms they hate, so you just end up with no freedom at all--an absolutist state. The opposite of that is not centrism, it is libertarianism.
Wrong--Mafia will not get to powerful because in the market to be to big is to fail--unless you have insider advantage or monopoly---usually a gift from gov't. So markets that are free will (does not mean no rules -means even playing field) will be fair
No, even a partially free market works quite well, as we have seen in the 100 years since the steel foundations of the free market were replaced with the sand of the corporatist Federal Reserve. Simply switching to fiat money was not enough to derail the economic progress of the previous era. It took 100 years of massive government spending, and eventually, major Federal Reserve intervention in the market with increasing frequency to do that.
Unlike Communism, which only works if it is "perfect", free markets work even in the face of government intervention, but the bounty of those markets is inversely proportional to the amount of artificial intervention.
Unlike Keynesianism, Austrian economics does not set out to create economic policy. It exists solely to explain the actions of individuals in a free market. One can glean important policy points from what one learns from the Austrian school but it is not intended as a road map for action but rather an explanation of action.
The bailouts will continue until morale improves.
Is this restraint or what? There IS fire in the theater. He should scream the warning. At least he speaks out, but who will join him. Be assured it will not make ABC, CBS, NBC news.
He has my vote.
Tyler... you had me at "Ron Paul".
Give him some of your fiat on 12-16:
Moneybomb http://teaparty11.com/
Time for a lecture from some Belgian asshole.
Americans need to boycott the US dollar. That will never happen. We will not emerge from this crisis until wage growth significantly outpaces (food/energy) inflation. That will never happen either. Stick a fork in the US, we're done.
The similarities are getting scarier and scarier
http://www.biblebelievers.org.au/przion1.htm
C'mon, that old thang was proven fake years ago.
This was not caused by government overspending, it was caused by uncontrolled wealth concentration in a game of Monopoly that has gotten out of control. It was caused by the banks' monetary system that is based on debt and requires exponential growth to function, in a world that can no longer support growth. Growth is required because the wealth of the middle class is continually stolen by the elites via the design of the monetary system. Taxes are too low for high earners; even Warren Buffett says so.
Rather than spending our tax money on finding ways to become energy independent through alternative renewable energy sources, our governments waste our money on bloated military takeovers of the rest of the world to secure more oil and to expand the bond market's empire so that even more growth can be facilitated. But globally we have hit Peak Oil and there is nowhere left to grow.
The American empire is over and nothing can change that.
The American empire may be over.
The Banking Empire is NOT. There is not challenge or threat to the banking cabal.
Government always acts to enrich those in power. There never was or will be a government responsive to the general will because the overseers will not allow it and there is no such thing as the general will.
Government is the problem. Recognition of the sovereignty of the individual is the solution.
Holy crap you are brainwashed...
There should be no income taxes and entrepreneurs would develop new energy sources without government meddling.
The US government can't even balance their budget, what makes you think they would have a clue about alternative energy sources? You don't directly state it but you show that you understand that governments can really only take money from one group and give it to another, i.e. taxpayer money given to Solyndra and GM.
Your first paragraph clearly shows though that you are a huge supporter of Ron's sound money principals as dictated by the Constitution.
You are actually a Ron Paul supporter, welcome aboard!
Global Central Banks "Last Tango in Paris" - "Fire up the printing presses, gang!" Or at Least Overnight Swaps Rates Were Cut 1/2%
http://confoundedinterest.wordpress.com
Somebody needs to clearly state how this swap money is going to be used. Is this because the ECB could no longer "sterilize" its bond purchases (Italian, Portugal, Spain etc), so that European banks can now continue to buy bonds from ECB? Hell, I am confused.
An example would be useful.
e.g. Deutsche bank borrows 10 billion dollars at X% for 3 month term and:
a) buys new issues of Italian govt bonds
b) buys EFSF bonds
c) buys US bank shares
d) buys ????
http://www.dailypaul.com/189726/ron-paul-on-cnbcs-squawk-on-the-street-a...
I have never posted here. Just wanted to commend Dr. Paul for stating the truth.
Ask yourself who you want to see in office when all this unravels. Who is armed with a wealth of knowledge and the conviction to make the hard decisions despite unpopularity? Who has been consistent and correct and knows the path to return our freedom and prosperity? The answer I come up with is Ron Paul. What answer do you come up with?
I agree with you 100% but I don't think the powers that be will ever allow that to happen unless they want to pin it on him. If he gets too much momentum he may end up like Tracy Lawrence found mysteriously dead in his home.
That is the answer I came up with in 2008:
http://joesixpack.me/orig_letter.html
He's been right about every point he's pretty much ever made, and is like a prophet about the market -- but no, there's no chance he could be right about America's foreign policy stance. There is no chance we could wind up saying he was right about that. Therefore, let's nominate a slick debater with scads of personal and political baggage. You know, because that guy can beat the teleprompter, and if we can just beat the teleprompter, everything will be sunshine and roses and puppy dog smiles.
But what exactly is sound money? Is it me or does that sound surprisingly like iTunes?
The bailout of Europe represents the exodus of sanity. Get to your banks and trim your accounts (there are very likely newly established minimum daily withdrawal limits). Liquidate. Buy PM. Give TPTB the middle finger.
Minimum?
yeah, alright, maximum....my brain is fried these days.
Me 2.
Who is this Ron Paul fellow? I've never seen him in any of the political debates.
The Machine is trying to keep him as silent as possible, and stick him over in a corner for each of the debates. They are afraid of his in-ur-face brutal honesty about such matters as this.
H/T to ZH for giving this man exposure.
This site is hands down the best source on the internet for anything based on reality.
Grateful for this alternative news medium.
Until elected officials see consequences to their actions and policy positions (read: getting primaried by a non-corporatist candidate), this will never change. What we need is some sort of OWS-Tea Party unity party that will field candidates and primary both Democratic and Republican candidates that continue to support this madness.
Tea Party has the right strategy (field primary opponents), and OWS has the passion, technological know-how, and broad support across many different demographics. Set all other issues (i.e. wedge issues) aside and focus only reforming the political system. Maybe have Ron Paul as the head of the party.
The only way we will win is if we unify and forget all these wedge issues that are used to split up the 99% into warring factions.
"consequences"?
who is challenging them?
Monetary reform?
How about reforming away from the monetary system?
Ron Paul is both very correct, and very idiotic in his statement.
He's right about the fed's actions being wrong. But any idiot knows that.
But here he is claiming his VERSION of monetarism, is better than the current Keyneisan version.
Earth to Ron, your version of monetarism is fucking bullshit too. Created by the oligarchy, for the oligarchy.
Ron 'half right, half dumbfuck' Paul needs to ditch his monetarism. To a sane mind, he's seen as just as stupid as Ben fucking Bernanke, legitimately.
Ron your message would work better if you dropped the bullshit. Mankind can utter credit, via the Credit System. It isn't debt, and it isn't used to pay off debts. It's used to actually do shit, which progresses mankind. Ron Paul though, claims to be like the founding fathers, but the founding fathers created a CREDIT SYSTEM, not the Austrian monetary system. Look at the date the Austrian school started, let alone its fucking name. Last I checked it doesn't say American, and doesn't say 1700's.
Both Keyneisan and Austrian are anti-american and anti-human....and guess what, you don't have to choose between the two sides of bullshit. Nor do you need to be an anti-american Austrian monetary follower to know that Ben Bernanke is destroying the country with his printing for fraudulent debt policies....and doing so worldwide. You don't need be an Austrian bullshit fo(o)l-lower to know they Keynesians are fools as well.
Wake up Ron, quit being a fucking dipshit. We already know Ben is hopeless, the only question is, are you as hopeless?
Get a brain, Moran?
What have you got against Joanie Cunningham?
Happy Days... happy days.
Clearly you didn't stand out on the front porch long enough. How a half wit like you got in is beyond belief. Maybe Tyler admited you for comic relief.
You obviously know nothing about Austrian economics. Try reading "Man, Economy, and State" by Murray Rothbard, then get back to us.
Ron Paul? The old loon from Texas? Pay him no heed, little sheep! When its time to cast your vote just pull the lever for Robama or O'Gingrich or whoever your betters have picked for you and move along.
The bankers rule. Plain and simple. They rule since 1913 at least.
Unless we collectively agree to take them behind the proverbial shed and shoot them in the head one by one, there is not going to be any end to this madness of their rigged paper wealth game.
That game has placed them solely in charge. That game allowed them to put puppets into political power. That game allows them to extort real wealth in exchange for paper wealth ad infinitum.
They will not loose in this game and they will not accept any challengers.
Everyone that doesn't have shyte for brains will understand. We all know what has to be done.
This means universal debt slavery for everyone living and yet to be born. In the near future you will not work for a salary, you will work for the state for the right to keep on living. Let's not forget that just on his say-so Mao was able to send everyone to the boondocks and killed those who resisted. What? We've got constitutional rights and protections? Can't possibly happen here? Think again. And you better be very good at making little rocks out of big ones or they won't be wasting any food on your sorry ass. Move somewhere safe? What ever happened to that great old saying "You can run but you can't hide." That would be anywhere on planet Earth, my friends. Whatcha gonna do when they come for you, bad boyz?
So we are stuck at 398-402 range... What is next? How much will they print tomorrow to get a 10 handle increase?
I love $6.00 gas
This wonderful bailout has driven bankrupt American Airlines up 47% in one day. Sure if you owned it last week you lost your pants but the best play anybody can make is to buy a company filing for bankruptcy after the news is published and the stock tanks. Take your quick money and go party.
I wonder how many insiders bought AMR last night before the green shoot bukakke this morning?
God this market is retarded. A giant fed stick save is going to bring American Airlines bank from the brink.
Ron Paul ........ the gold standard in statesmen.
Dr. Gonzo prediction on Ron Paul:
"Ron Paul wins Iowa in landslide during record below zero January tempertures. Media gives all coverage to the distant 2nd place winner."
10 below zero, with 10 inches of snow on the ground...Ron Paul supporters will be there. He will win Iowa. Then Iowa will become a non-state.
Bill O'Reilly will declare him disqualified because his supporters were too organized and they flooded the polling places. The win will go to the second place finisher who the media will have deemed 'electable'.
25th section, section four of the Constitution proves we can impeach Obama, says Larouche. Can we get some lawyers on this please?
Cutting a head off the Hydra may not kill the Beast, but it makes for a good show.
If Jefferson were alive today, he'd be rolling over in his grave.
If he were alive he would not BE in his grave.
Oh dude, you missed the joke.
If Jefferson was alive today he'd be rolling over on Sally Hemmings.
If Jefferson were alive today, he'd be sure to take some of the bastards with him.
Ron Paul 2012
Ahem...Bitchez...
All I have to say is:
http://olectible.wordpress.com/
Ron Paul is out there screaming
While Bernanke is out there scheming
Print dollars by the ton
'Til we've got them on the run
And B O is second term dreaming
If intervention does not work, why does it then?
Intervention only delays, does not solve, and ultimately makes the final outcome much worse.
Intervention is intended to work for those who intervene, not for those who are intervened upon. Never let a crisis go to waste.
TrollingWithBewilderment spit up on his keyboard the following:
Fuck your face in the ass. Seriously.
Stevie Wonder made a song about Benlloyd Bernakfein:
http://www.youtube.com/watch?v=JL5wei4phz0&feature=related
Mistra Know It All
He's a man. With a plan, Got a counterfeit dollar in his hand, He's Misstra Know-It-All
Playin' hard, Talkin' fast, Makin' sure that he won't be the last, He's Misstra Know-It-All
Makes a deal, With a smile, Knowin' all the time that his lie's a mile, He's Misstra Know-It-All
Must be seen, There's no doubt, He's the coolest one with the biggest mouth, He's Misstra Know-It-All
If you tell him he's livin' fast, He will say what do you know, If you had my kind of cash, You'd have more than one place to go oh
Any place, He will play, His only concern is how much you'll pay, He's Misstra Know-It-All
If he shakes, On a bet, He's the kind of dude that won't pay his debt, He's Misstra Know-It-All
When you say that he's livin wrong, He'll tell you he knows he's livin' right
And you'd be a stronger man, If you took Misstra Know-lt-All's advice oh oh
He's the man, With a plan, Got a counterfeit dollar in his hand, He's Misstra Know-It-All
Take my word, Please beware, Of a man that just don't give a care no, He's Misstra Know-It-All (Look out he's coming)
He's Misstra Know-It-All
Can this line, Take his hand, Take your hat off to the man who's got the plan, He's Misstra Know-It-All
Every boy take your hand, To the man that's got the plan, He's Misstra Know-It-All
Give a hand to the man, That you know he's got the plan, He's Misstra Know-It-All
Give a hand to the man, Don't you know darn well he's got the super plan, He's Misstra Know-It-All
Give a hand to the man, You know damn well he's got the super plan, He's Misstra Know-It-All
If we had less of him, Don't you know we'd have a better land, He's Misstra Know-It-All
So give a hand to the man, Although you've given out as much as you can, He's Misstra Know-It-All
Check his sound out, He'll tell it all, Hey You talk too much you worry me to death, He's Misstra Know-It-All
Perhaps somebody already thought of this...I know there are some quick minds here on ZH. I just got in now and I'm catching up on news but...
Has anybody considered the possibility that the strings attached to this funding may be in the form of European countries getting "on board" with a US invasion of Iran?
If you start seeing Embassies close in Iran...consider that a serious warning. And right now...France has recalled it's Ambassador to Iran for "consultations".
just a thought.....
Interesting thought.
With events of this magnitude...timing is never a coincidence.
Considering the timing of the:
1) Riot and burning of the British embassy in Iran.
2) The "bailout" announcement this morning.
3) France recalling their ambassador to Iran later in the day.
4) The US and Israels recently louder than usual saber rattling about Iran.
The US need allies. The EU needs dollars. All the makings of a quid pro quo situation exist.
Indeed. Sort of: just when we were doing so well, Iran stepped in and ruined everything.
Scary thought. Nothing a banking autocracy loves more than war.
i agree completely. lets tag team ori until he retreats in disgrace
FIGHT CLUB NIGGAS U READY TO GET OFF UR FAT ASSES AND TAKE THE OLD MEN HERE OUT OF their COMFORT ZONE??
williambanzai seven and robottrader are GODS
Federal Reserve appeaser / RP hit piece in Time
(I realize it's Time, but some insightful comments would help the people who pay serious attention to this, probably the same people that were stomping on each others' faces over $2 waffle makers)
http://tiny.cc/0tojc
So Oblivious said on monday that we are ready to help Europe. Two days later Donkey number two bArnidke turns on the printing press.
what a coincidence! so now we swap euros and dollars. How convenient! what happens when these two donkeys are booted out 1/20/2013?
who is going to bail us out for our irresponsible printing? the Krouts? The Scotts? oh wait, wait, the ancient greeks and roman empires
will be resurrected, and they will bail us out. Bravo! I am shorting this rally.... It ought to lose just about all it gained by the close!