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There's Your Official Warning From The Fed

Tyler Durden's picture





 

And in lieu of any rumors out of Europe (they have all been exhausted, plus nobody believes anything out of the doomed continent), here is our own Fed with its best attempt to talk the market up, via Bloomberg:

  • ROSENGREN: CRISIS MIGHT WARRANT COORDINATED ACTION BY FED, ECB
  • ROSENGREN SAYS FED SHOULDN'T BE DISSUADED FROM TRYING TO HELP

And yet:

  • ROSENGREN: CENTRAL BANKS CAN'T SOLVE ECONOMIC PROBLEMS ALONE

So who steps in: aliens?

Lastly:

  • ROSENGREN SEES `CLEAR STRESSES IN SHORT-TERM CREDIT MARKETS'
  • ROSENGREN SAYS HIS FORECAST ASSUMES EUROPE `MUDDLES THROUGH'
  • ROSENGREN SAYS ECONOMY CREATING `NOT AS MANY JOBS AS I'D LIKE'
  • *ROSENGREN SAYS GDP GROWTH `NOT WHAT I WOULD LIKE TO SEE'
  • ROSENGREN: ECONOMY SHOULD `BE PICKING UP' IF NO FURTHER SHOCKS

Risk about to ramp. Fade to follow. Rinse. Repeat.

 


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Wed, 11/16/2011 - 14:33 | Link to Comment Mongo
Mongo's picture

QEd

Wed, 11/16/2011 - 14:38 | Link to Comment knukles
knukles's picture

By the way, who the Fuck is Rosengrins or whatever?

Wed, 11/16/2011 - 14:42 | Link to Comment redpill
redpill's picture

Boston Fed Chump, I mean President.

This little tidbit was all the momo markets needed to go green for the day.  What a joke.

Wed, 11/16/2011 - 14:45 | Link to Comment camaro68ss
camaro68ss's picture

Awwwww tu ut uhhhhhh, cant....stop..... the .....jizzing......its all so bullishhhhhh aawwwwww

Wed, 11/16/2011 - 14:56 | Link to Comment BaBaBouy
BaBaBouy's picture

Rozengreen, Greenpand, Gliethner, The Bummah ...

 

I have more confidence In The Captain... Bill Shatner ...

Wed, 11/16/2011 - 15:07 | Link to Comment Upswaller
Upswaller's picture

I thought Rosengreen and Gildenstern were dead.

Wed, 11/16/2011 - 15:45 | Link to Comment JPM Hater001
JPM Hater001's picture

I get the joke...thought about posting it myself...but most here are not going to appreciate it.

Game and Match...

Wed, 11/16/2011 - 16:18 | Link to Comment Charles Martel
Charles Martel's picture

Only this time it's not just something in Denmark that's rotten.

Wed, 11/16/2011 - 16:43 | Link to Comment JPM Hater001
JPM Hater001's picture

Well played now take this letter back to the king of France for me would you please.  You will be greatly rewarded...

Wed, 11/16/2011 - 16:57 | Link to Comment Manthong
Manthong's picture

I knew there had to be a valid correlation somewhere..  S&P goes up for 92 days.

Wed, 11/16/2011 - 17:37 | Link to Comment Charles Martel
Charles Martel's picture

Will do.  Just don't ask me to deliver a letter to the King of England.

Wed, 11/16/2011 - 14:46 | Link to Comment reading
reading's picture

Just need a little juice to keep this flowing until Santa Claus can take over.  Oh it's coming, never ending spewing of the forthcoming santa claus rally will be happening in 5, 4, 3....

Wed, 11/16/2011 - 14:43 | Link to Comment Lux Fiat
Lux Fiat's picture

Thought the same thing.  http://www.federalreserve.gov/aboutthefed/bios/banks/pres01.htm

Looks like someone is being groomed for higher visibility - either to move up, or to take the blame.

Wed, 11/16/2011 - 14:48 | Link to Comment SheepDog-One
SheepDog-One's picture

Mr Rosenpenis. Partner of John Cocktoasten.

Fletch.

Wed, 11/16/2011 - 16:26 | Link to Comment kulgogi
kulgogi's picture

Colleague of Dr. Rosen-Rosen.

Wed, 11/16/2011 - 14:45 | Link to Comment Divided States ...
Divided States of America's picture

Another jewish academic who thinks they know what the fuck they are doing with the economy? Honestly, why are the majority of the members of the FOMC jews? I dont think the interests of the blacks, asians or hispanic population are represented on this committee, though we got the Big O at the helm.

http://thezog.wordpress.com/who-controls-the-federal-reserve-system-part-1/

 

 

Wed, 11/16/2011 - 14:57 | Link to Comment john39
john39's picture

i don't think the interests of humanity represented by FOMC, including a large percentage of "Jews".

Wed, 11/16/2011 - 15:31 | Link to Comment Börjesson
Börjesson's picture

Rosengren is a Swedish name, not a Jewish one.

Wed, 11/16/2011 - 15:49 | Link to Comment grey7beard
grey7beard's picture

>> Rosengren is a Swedish name

Do not get in the way of Jew bashing if you know what's good for you.  Understand where you are. ZH is great, but the peanut gallery is flush with people who hate people. 

Thu, 11/17/2011 - 00:27 | Link to Comment Prairie Fire
Prairie Fire's picture

Thank you for that.

I agree, ZH is great. It's the pussies above and below that are the problem.

Wed, 11/16/2011 - 22:05 | Link to Comment dolph9
dolph9's picture

Just another Jew.

Wed, 11/16/2011 - 17:25 | Link to Comment arizona11912
arizona11912's picture

Euro bonds are coming soon. I've been waiting for them for two years. I'm actually impressed the ECB held it together this long without the Euro bond system in place.

Wed, 11/16/2011 - 20:11 | Link to Comment doggings
Wed, 11/16/2011 - 14:33 | Link to Comment The trend is yo...
The trend is your friend's picture

They will save us. the s&p will be positive in about 5 min.

Wed, 11/16/2011 - 14:43 | Link to Comment radwon
radwon's picture

5 minutes. Right. It took 10. Try again next time.

Wed, 11/16/2011 - 14:49 | Link to Comment Chuck Walla
Chuck Walla's picture

CBO Director Doug Elmendorf admitted to Senator Sessions that in the long run the stimulus will shrink the economy.  He testified at a  Senate Budget Committee hearing that the stimulus will indeed “be a drag on GDP” over the next ten years.  Any diligent student of history already knew that, but now we have the “gold standard” of budget and economic scoring to affirm that self-evident truth.  Nevertheless, fear not, the stimulus will have a stimulating effect in the short-term.  That’s why we are enjoying a robust annual average GDP growth of…..1.4%.

 

We have met the enemy and it is us...

Wed, 11/16/2011 - 14:33 | Link to Comment Irish66
Irish66's picture

o no

Wed, 11/16/2011 - 15:02 | Link to Comment Sancho Ponzi
Sancho Ponzi's picture

They'd (The Fed) better not be using my tax dollars to purchase Greek, Italian, Portuguese and French bonds. How far removed from 'No Taxation Without Representation' can you get?

These sociopaths should be thrown out of office and ruled ineligible for re-hire, forevah.

 

Wed, 11/16/2011 - 15:19 | Link to Comment youngman
youngman's picture

They are....and they will buy more....and you will never be told...

Wed, 11/16/2011 - 14:34 | Link to Comment 101 years and c...
101 years and counting's picture

what crisis?  S&P still at 1250.  oil over $100.  we have crisis at 900 (or the fed likes to think so).

Wed, 11/16/2011 - 14:49 | Link to Comment SheepDog-One
SheepDog-One's picture

You mean crisis at oil = $900? 

Wed, 11/16/2011 - 14:35 | Link to Comment M.B. Drapier
M.B. Drapier's picture

So who steps in: aliens?

Surely 'German taxpayers' is the intended correct answer?

Wed, 11/16/2011 - 14:44 | Link to Comment Dr. No
Dr. No's picture

Almost correct.  "all taxpayers" is the correct answer.  If the central banks sit by and do nothing, be assured the politicians will open the checkbook.

Wed, 11/16/2011 - 16:42 | Link to Comment trembo slice
trembo slice's picture

haha, all the central bank needs is a little cooperation from the "working class."

Wed, 11/16/2011 - 15:18 | Link to Comment Charles Martel
Charles Martel's picture

Washing dishes, cutting lawns, bailing out Europe - is there anything those illegal Mexican aliens can't do?

Wed, 11/16/2011 - 15:24 | Link to Comment Zero Debt
Zero Debt's picture

We come in peace. Take us to your bond markets.

Wed, 11/16/2011 - 15:37 | Link to Comment Stochdoc
Stochdoc's picture

Zombies will save us.

Wed, 11/16/2011 - 14:36 | Link to Comment Aunty Christ
Aunty Christ's picture

Rosengren is in the same la-la camp as that fucktard Evans...we should reduce their salaries to the national average and see how they enjoy the "deflation" they claim to see...

Wed, 11/16/2011 - 14:36 | Link to Comment knukles
knukles's picture

Martians.  The Martians are coming.
Krugman was Right.

QE infinitymotherfucker

 

One laser blast of by land, two neutron bombs if by sea.

Wed, 11/16/2011 - 14:48 | Link to Comment fuu
fuu's picture

Don't shoot till you see the whites of...umm...their ahhh...hmm.

Wed, 11/16/2011 - 15:21 | Link to Comment youngman
youngman's picture

Look at Drudge today...some Russian lady had one in her Freezer for two years......lol

Wed, 11/16/2011 - 15:26 | Link to Comment CoyoteBlue
Wed, 11/16/2011 - 15:24 | Link to Comment Mugatu
Mugatu's picture

I keep telling everyone that the Martians have expressed interest in investing in the EFSF - so buy the rumor! 

Wed, 11/16/2011 - 14:36 | Link to Comment YesWeKahn
YesWeKahn's picture

These FED officials must have bought stocks at the high of Nasdaq bubble and bought houses during the housing bubble. They want to cash out.

Wed, 11/16/2011 - 14:36 | Link to Comment Mae Kadoodie
Mae Kadoodie's picture

Banks?  They'll need tanks.

Wed, 11/16/2011 - 14:37 | Link to Comment El Viejo
El Viejo's picture

Aliens are waiting for this to end so they can take over the empty planet. Cue Bonzai7

Wed, 11/16/2011 - 15:10 | Link to Comment sabra1
sabra1's picture

you're close! this planet is actually a farm, and we're all bred as a food source! we come in low fat, high fat, white meat, dark meat! just add human helper, simmer, and enjoy!!!!

Wed, 11/16/2011 - 14:37 | Link to Comment topshelfstuff
topshelfstuff's picture

"""""""""""""""So who steps in: aliens?"""""""""""""""""

 

you'd be surprised to find out just how many are actually expecting this, no kiddin

Wed, 11/16/2011 - 15:14 | Link to Comment redpill
redpill's picture

If Krugman says it in the NYT, it must be true.

Wed, 11/16/2011 - 15:25 | Link to Comment Zero Debt
Zero Debt's picture

They don't manage expectations for nothing

Wed, 11/16/2011 - 17:25 | Link to Comment viahj
viahj's picture

I'm voting for the Annunaki/Marvin the Martian ticket in 2012

Wed, 11/16/2011 - 14:38 | Link to Comment SheepDog-One
SheepDog-One's picture

What 'crisis'?? I see markets around 15% from their all time highs....theres a crisis we're looking at? 

CNBC has been saying for months there will be no recession, we're all fixed. In fact every media outlet says we're definitely in great shape, basically never been better. So wheres the crisis!

Wed, 11/16/2011 - 15:33 | Link to Comment Zero Debt
Zero Debt's picture

All time high measured in.....tadaaaa, dollars.

Cue chart of US Dollar Index since 1973:

http://www.chartingstocks.net/2009/09/chart-of-the-us-dollar-1973-2009/

Wed, 11/16/2011 - 14:38 | Link to Comment The trend is yo...
The trend is your friend's picture

Eupore will "muddle Through",  China will have a "soft landing", the US will have "slow growth".  Which trader"s, pension plans, hedge funds, etc etc are buying into this crap?  anyone? Bueller? bueller?

Wed, 11/16/2011 - 14:49 | Link to Comment junkyardjack
junkyardjack's picture

I'm sure Barton Biggs is 90% long right now

Wed, 11/16/2011 - 14:38 | Link to Comment InMisesITrust
InMisesITrust's picture

b-b-b-b buyyyy, Bushwood????

Wed, 11/16/2011 - 14:55 | Link to Comment WonderDawg
WonderDawg's picture

How 'bout a Fresca?

Wed, 11/16/2011 - 15:05 | Link to Comment Richard Head
Richard Head's picture

How would you like to mow my lawn?

Wed, 11/16/2011 - 15:08 | Link to Comment midgetrannyporn
midgetrannyporn's picture

His name was Mitch Cumstein.

Wed, 11/16/2011 - 15:11 | Link to Comment caerus
caerus's picture

the world needs ditch diggers too

Wed, 11/16/2011 - 15:55 | Link to Comment catacl1sm
catacl1sm's picture

With modern machinery (aka capital) it takes a LOT less people to dig a ditch than it used to. Hell, I only see like 5 people working when streets are getting repaved.

Wed, 11/16/2011 - 15:17 | Link to Comment Osmium
Osmium's picture

Gambling is illegal at Bushwood, sir, and I never slice.

Wed, 11/16/2011 - 14:39 | Link to Comment Banksters
Banksters's picture

For 30 + years the baby boomers dutifully pumped their money into the pigmen's pockets. 

That money has been stolen and what is left is being devalued in a frantic attempt to maintain the illusion. It was all one big Ponzi scheme.
They fell for this nonsense...
EF Hutton commercial
http://www.youtube.com/watch?v=SX7ZEotoFh0

What ever happened to E F Hutton? 

As a result of several mergers, the remains of E.F. Hutton are now part of Citigroup, although on January 13, 2009, Citigroup itself announced that it would sell 51% of Smith Barney to Morgan Stanley, creating Morgan Stanley Smith Barney, which was formerly a division of Citi Global Wealth Management.

Chuckles... Global wealth management. You can't make this up.
SUCKERS!

Wed, 11/16/2011 - 14:48 | Link to Comment El Viejo
El Viejo's picture

Yeah, and that wasn't the only gambit the boomers were suckered into:

http://www.fedsmith.com/article/3112/looting-social-security-pretaxing-baby-boomers.html

 

Wed, 11/16/2011 - 15:27 | Link to Comment Zero Debt
Zero Debt's picture

Global wealth management

Question is, whose wealth

Wed, 11/16/2011 - 14:39 | Link to Comment SheepDog-One
SheepDog-One's picture

And thats all any QE talk will be....simply TALK.

Wed, 11/16/2011 - 14:40 | Link to Comment firstdivision
firstdivision's picture

What a fucktard.  How many jobs did QE1 or QE2 create?  I seem to recall next to none, unless I forgot to count jobs in China as helping the US economy.

Wed, 11/16/2011 - 15:05 | Link to Comment Rip van Wrinkle
Rip van Wrinkle's picture

No jobs in China. Just inflation. In China. India, Vietnam, UK, Europe, Australia, NZ, f'ing everywhere.

Wed, 11/16/2011 - 20:09 | Link to Comment Raging Debate
Raging Debate's picture

Good luck to all people in solving the coming challenges ahead. Time for R&D that is always fun and so is the Interwebs to rapidly share solutions.

Wed, 11/16/2011 - 15:18 | Link to Comment scatterbrains
scatterbrains's picture

quite a few actually, in Lybia..  hired to take out  Daffy so they could attempt to prevent oil from running away on them while they print print print..  looks like it might not be working though.

Wed, 11/16/2011 - 14:41 | Link to Comment rockraider3
rockraider3's picture

ET phone home, bitches.

Wed, 11/16/2011 - 14:41 | Link to Comment DollarDive
DollarDive's picture

Rosengren must have spoken with the NBA players union..... those players are not earning any income due to the strike....they've got to figure out a way to have their investments prosper.

Wed, 11/16/2011 - 14:56 | Link to Comment Shvanztanz
Shvanztanz's picture

NBA players are demanding that the NCA-CB create an NCA-FSF to monetize the debt they took out to buy their 100,000 sports cars, McMansions and gaudy tailored suits. They are demanding 32x leverage on gold necklace collateral worn to press conferences to permeate the myth of American prosperity. 

Wed, 11/16/2011 - 14:43 | Link to Comment SheepDog-One
SheepDog-One's picture

'Banks cant solve the problem alone'...What? Since when did a bank solve any problem at all ever?  OH wait I get it he meant to say TANKS!

Wed, 11/16/2011 - 20:45 | Link to Comment Sam Clemons
Sam Clemons's picture

Haha.  Yea, if anything it seems like the banks created all of the world's problems along with everyone who was along for the ride when it was good for them.

Wed, 11/16/2011 - 14:42 | Link to Comment Texas Ginslinger
Texas Ginslinger's picture

With the Christmas shopping frenzy days away, and the credit card companies once again lending to the un-credit worthy, everything will be just fine.....

 

Wed, 11/16/2011 - 14:45 | Link to Comment Lux Fiat
Lux Fiat's picture

"...everything will be just fine....." until they have to pay the minimum in January.

Wed, 11/16/2011 - 16:21 | Link to Comment rockraider3
rockraider3's picture

Who said anything about making payments?

 

Wed, 11/16/2011 - 14:43 | Link to Comment Village Smithy
Village Smithy's picture

I know this is going to sound really naive, but seriously maybe this is all just jaw boning to keep some air in this bubble for a little longer. The shorts are scared to death to go in and it doesn't take much of a threat from the Fed to keep them passive. It just seemed to me that in the last couple of speaches that Bernanke gave, without directly admitting he was wrong, he acknowledged that QE had caused a commodity price spike.

Wed, 11/16/2011 - 14:44 | Link to Comment The trend is yo...
The trend is your friend's picture

All in All good news....i was wrong s$p positive in 4 min not 5

Wed, 11/16/2011 - 14:45 | Link to Comment HD
HD's picture

...and this will be twisted into being bullish right?

Wed, 11/16/2011 - 14:51 | Link to Comment Threeggg
Threeggg's picture

Vix flipped negative and Dow "flipped" positive..................all fixed for today !

Wed, 11/16/2011 - 14:46 | Link to Comment Gubbmint Cheese
Gubbmint Cheese's picture

Classic Cognitive Dissonance - the simultaneous discussion about an on going recovery and the need to step in and intervene to help support a slowing economy.

and the market happily laps up this bullshit every.. single... time.

So which is it? Are we in trouble, or recovering? It can't be f*cking both you morons.

What a joke.

 

Wed, 11/16/2011 - 15:03 | Link to Comment SheepDog-One
SheepDog-One's picture

Every.Single.Fucking.Time.

Wed, 11/16/2011 - 15:35 | Link to Comment Zero Debt
Zero Debt's picture

Any public figure who is "willing to help", "ready to lead" or "prepared to step in" demands the highest level of scrutiny

Wed, 11/16/2011 - 14:46 | Link to Comment PaperBear
PaperBear's picture

Man the printing presses.

Wed, 11/16/2011 - 14:46 | Link to Comment Bam_Man
Bam_Man's picture

Get ready for more STAGFLATION, bitchezzz!

Wed, 11/16/2011 - 14:47 | Link to Comment 0cz
0cz's picture

Wow this news just makes me want to go out and purchase $40,000,000 in Bank of America stock. 

It takes a few key strokes to create capital out of thin air.  Then it takes a few more keystrokes to 'revalue' that capital and make it worth more than reality ever would. 

Wed, 11/16/2011 - 15:05 | Link to Comment Mactheknife
Mactheknife's picture

Funny you should mention BAC. According to the lastest 13f...guess who the was biggest buyer of BAC stock in the last quarter at 143 million shares? You'll never guess...none other than C. That's right, that C, as in Citigroup...go figure.

Wed, 11/16/2011 - 14:49 | Link to Comment Waterfallsparkles
Waterfallsparkles's picture

Yep, American Citizens have lots of Money to bail out the Banks and Europe too.

Take everything they have, so our Banks do not lose a penny on their Euro debt gamble.

Wed, 11/16/2011 - 14:48 | Link to Comment Shvanztanz
Shvanztanz's picture

Translation: 

  • R SEES `CREDIT DRYING UP'
  • R ASSUMES EUROPE `SURVIVES'
  • R SAYS ECONOMY 'NOT CREATING JOBS'
  • R SAYS GDP GROWTH [CENSORED]
  • R: ECONOMY SHOULD CONTINUE TO EXIST, AS LONG AS IT DOESN'T NOT

Wed, 11/16/2011 - 14:51 | Link to Comment wombats
wombats's picture

Isn't this all just a way of talking around deflation?  If so then why aren't PMs falling?

Wed, 11/16/2011 - 15:41 | Link to Comment Zero Debt
Zero Debt's picture

R sees IMF loan shark business 'drying up'
R assumes eurosheeple remains faithful in europonzi
R says economy 'not creating enough bonuses for the top 1%'
R says GDP growth 'must be monetized', demands Fed to 'stay ahead of the curve', blames 'irresponsible hawks'
R says economy 'cannot be guided by invisible hand'

 

Wed, 11/16/2011 - 14:52 | Link to Comment alien-IQ
alien-IQ's picture

and there goes the market wide rip fest predicated on the Feds promise to fuck the nation right in the ass if the DOW closes the year below 12k.

It is obvious that the time for peaceful protest is done...time to move it to the next level.

Wed, 11/16/2011 - 14:50 | Link to Comment gimli
gimli's picture

Market's green we're back in Oz Toto.

Wed, 11/16/2011 - 14:55 | Link to Comment alien-IQ
alien-IQ's picture

and oil just spiked to a new high...but there is NO OBVIOUS SIGN OF INFLATION...since wages are still declining.

Wed, 11/16/2011 - 19:33 | Link to Comment falak pema
falak pema's picture

haven't you got it? In this age of super reaganomical kleptocracy; first world wages NEVER go up, first world bubble financial assets do, and in geometric bubbly progression. That's the Mantra of the age, and don't ever say.....atchuuuuuummm to it! Or the fed will get madder and print harder. Commodities are  part of asset bubble, and never mind if the demand dies, OIL price never dies in this age. Its programmed to spike and spike and....atchuuuum!

Wed, 11/16/2011 - 14:50 | Link to Comment oogs66
oogs66's picture

on the bright side, it won't only be germans losing all their money in this fiasco...we will throw some of our money down the drain as well

Wed, 11/16/2011 - 14:56 | Link to Comment Everybodys All ...
Everybodys All American's picture

Are their any adults who have ever worked for the Fed?

Wed, 11/16/2011 - 14:52 | Link to Comment catch edge ghost
catch edge ghost's picture

I'm not a virgin but I will step in - if it will save the village.

 

Doh! Sorry! I'm at the wrong precipice of fiery hell and doom.

Wed, 11/16/2011 - 14:54 | Link to Comment IrritableBowels
IrritableBowels's picture

Goddammit.

Wed, 11/16/2011 - 14:54 | Link to Comment DavidC
DavidC's picture

Well, the machines liked it.

70 point move up already on the Dow in the last half hour.

Shame they don't understand that the Fed is NOT going to QE3 with stocks still over 12,000 - Bernank isn't going to do that until there's another crisis, for me that means the Dow down near 10,000, S&P back at 1040.

DavidC

Wed, 11/16/2011 - 14:54 | Link to Comment Tic tock
Tic tock's picture

Oh Thank God, the FED can buy the S+P at 1259, saving our bonus

Wed, 11/16/2011 - 14:54 | Link to Comment vote_libertaria...
vote_libertarian_party's picture

That explains the walk up in equities.  More open talk about global financial crisis.

 

It's Bizarro World bullish!

Wed, 11/16/2011 - 14:55 | Link to Comment dust to dust
dust to dust's picture

 Aliens discussing among themselves. Why should we help. Let the poor bastards figure it out. We will come back in five years time and see how it has worked out. Maybe use all their natural resources. Ha Ha Ha!!!   

Wed, 11/16/2011 - 15:13 | Link to Comment The trend is yo...
The trend is your friend's picture

Sarkosy:  "convinced Italy will return to growth"

Fed's Lacker: "expect US to grow @ 3.5%"

Fed"s Rosengren:  "europe will muddle trough"

Fed's Waller: " us gdp forecast 3.5%"

 

Aren't they blowing their load all at once? or is this the grand finale of the firework"s show

 

Wed, 11/16/2011 - 19:24 | Link to Comment falak pema
falak pema's picture

sarkozy couldn't tell cheddar from comté, he is in the zerogovt brigade now; what a gadget man he has turned out to be. I'll fix it, I'll fix it, speedy gonzales. Now it's been fixed as bunga Berlu is gone but the fix is deeper in dipshit than in dimsum and its hitting spanien. 

Never mind...he'll fix it, like he fixed greeeeeeeeeeeeeece.

Wed, 11/16/2011 - 14:58 | Link to Comment BennyBoy
BennyBoy's picture

ROSENGREN SAYS: "ENSLAVING HUMANITY TO SERVICE BANK DEBT IS ESSENTIAL"

ROSENGREN SAYS: "FINANCIAL ELITE NEEDS SHOES SHINED AND BACK BY 8"

Wed, 11/16/2011 - 15:53 | Link to Comment Zero Debt
Zero Debt's picture

R says 'White House must appoint debt czar to deal with the debt crisis, endorses Greenspan as his choice'
R says 'concerened not enough new novice investors entering mutual funds'
R says 'economy must find innovative ways to resume house flipping'
R says 'gold standard would be a total disaster, preposterous to believe dead metal will create price stability'
R says 'a new war is a no brainer in terms of job creation and industrial production'

Wed, 11/16/2011 - 15:05 | Link to Comment the not so migh...
the not so mighty maximiza's picture

bailouts and rumors of bailouts

Wed, 11/16/2011 - 15:05 | Link to Comment sabra1
sabra1's picture

the markets rise to transfer air money to us, our real money to the soon to be in hell oldidorks! just remember, what MF Global did by confiscating accounts, will now spread like wildfire! you won't see any of those crooks in fema camps! IT"S FOR US PEOPLE, WAKE UP, TAKE YOUR MONEY OUT........NOW!!!!!!

Wed, 11/16/2011 - 15:07 | Link to Comment SheepDog-One
SheepDog-One's picture

Exactly what Ive been telling people, get your money OUT of the reach of these crooks! 

Hell even Gerald Celente just got ass-raped by MF Global!

Wed, 11/16/2011 - 15:09 | Link to Comment Mark123
Mark123's picture

So, just wondering how this new government exists in Italy.  It is just a bunch of unelected bankers running the show....huh?

 

I know that is the reality everywhere, but shouldn't they at least pay lip service to the quaint concept of an elected government?

Wed, 11/16/2011 - 15:09 | Link to Comment ptoemmes
ptoemmes's picture

ALIENS: HURRY UP, CRASH, AND DIE.  WE NEED YOUR PLANET.

ALIENS: DON'T MAKE US MAD.  YOU WILL NOT LIKE US MAD.

Wed, 11/16/2011 - 15:12 | Link to Comment Shadowsil
Shadowsil's picture

Is this the preliminary 3 oclock rumour to send the market soaring?

Wed, 11/16/2011 - 15:21 | Link to Comment Frank N. Beans
Frank N. Beans's picture
  • ROSENGOOD SAYS ECONOMY CREATING MORE JOBS AT GOODWILL STORES AND SALVATION ARMY THAN HE EXPECTED
  • ROSENBAG SAYS 'I JUST WANTED TO SEE WHAT I COULD DO TO THE MARKETS, HEH HEH.'
Wed, 11/16/2011 - 15:25 | Link to Comment Alex Kintner
Alex Kintner's picture

BREAKING!! Aircraft carrier USS Bankster spotted off shores of Frankfurt (home of ECB HQ). The deck is covered with printing presses.

Wed, 11/16/2011 - 15:33 | Link to Comment Father Lucifer
Father Lucifer's picture
Father Lucifer says "Bankers have no souls and will all burn in Hell."
Wed, 11/16/2011 - 15:37 | Link to Comment sabra1
sabra1's picture

although they worship satan, they have no idea how long an eternity is! and no, you cannot bribe God with gold!

Wed, 11/16/2011 - 15:47 | Link to Comment lizzy36
lizzy36's picture

This is awesome.

Because if the FED wants to become the ONLY issue for the 2012 election it should definately help rescue Europe. 

Four day school weeks for American (winning the future) kids, and the fed bails out Europe. 

You really can't make this shit up.

Wed, 11/16/2011 - 15:54 | Link to Comment Nothing To See Here
Nothing To See Here's picture
  • ROSENGREN: CENTRAL BANKS CAN'T SOLVE ECONOMIC PROBLEMS ALONE
  • Of course not. But never would he get the idea that central banks can't solve economic problems period, and should thus get out of the way.

    END THE FED

    Wed, 11/16/2011 - 16:00 | Link to Comment jlrchrds
    jlrchrds's picture

    Would someone explain to me how people like Bill Gross can say the Fed is out of bullets.  Am I missing something here?  The Fed have the ability to create endless USD out of air, or just hitting the enter button.  How can they be out of ammo?  They can print to fuck'n infinity and they will... that's the only solution to the lowering the true value of US debt other than a default which they will never allow.  Am I wrong here, please tell me?

    Wed, 11/16/2011 - 16:39 | Link to Comment Village Smithy
    Village Smithy's picture

    With all due respect, I do believe that you may be not wrong, but mistaken. The problem that Bernanke had during QE2 when last the printers were at full capacity was that none of the money flowed through to the economy. Too much of it went directly into the paper commodity markets and artificially ramped up the price of everything you need to make anything. That caused huge margin compression for manufacturers, and gutted the discretionary income of all we little people. Not what a struggling economy needs. I think that thanks to sites like ZH when the price of things starts to rise when there is no latent demand to be found anywhere,people are beginning to connect the dots. That's my HO if that helps at all.

    Thu, 11/17/2011 - 11:52 | Link to Comment jlrchrds
    jlrchrds's picture

    Thanks Smithy.  Makes total sense to me, but I still find it very hard to believe that Bernanke and company will not run the presses full tilt to generate any type of inflation that will destroy the dollar and value of US debt.  

    Wed, 11/16/2011 - 16:10 | Link to Comment slewie the pi-rat
    slewie the pi-rat's picture

    the R2K is luffing sails

    that $22+ spread in the brent/wti now = ~~$9;)

    somebody shoot an albatross?

    round up the usual suspects:  merkozy? 

    • they shot the euro 
    • but they swear it was in self-de-fence
    • they shot the euro
    • but it's not a cap-i-tal offence!

     

    Wed, 11/16/2011 - 16:17 | Link to Comment khakuda
    khakuda's picture

    This guy could be Fed chairman if he were smart enough to know that he was supposed to make this announcement at 3:45 for maximum tape painting!

    Wed, 11/16/2011 - 16:49 | Link to Comment Rastamann
    Rastamann's picture

    more bad news for you Repuglican/libertarians/NAZI uber nationalists.....your boy Bernannke is already excuse mongering to plow another multi trillion dollar injection of your hard "earned" debt created fiat currency to those eeeeeeevil furrreigners.

     

    i guess deregulating Glass Steagal whereby your corporatist overlords created $1.4 quadrillion in TOXIC CDS/CDO in the "free market" dark pools is coming home to roost. you must sooooo happy.

     

    sniiiiiiiiiifff.....ahhhhhhhh....i can smell the "LIBERTY" from here.

     

     

    Wed, 11/16/2011 - 16:56 | Link to Comment asteroids
    asteroids's picture

    The FED should sit on it's hands for at least a year and shut it's mouth. It's done enough.

    Wed, 11/16/2011 - 18:02 | Link to Comment integrale
    integrale's picture

    So who steps in? The military.

     

    Shut the banks, cancel the debt, and hold back the hordes...it's going to get ugly!

     

    :(

    Wed, 11/16/2011 - 19:42 | Link to Comment falak pema
    falak pema's picture

    this is like the scenario in "the good the bad and the ugly".

    The good is China, the bad is USA and the ugly is Euro.

    The good tells the ugly to dig and dig, and then shoots the bad into the hole.

    Are we in that movie..? Cos the ugly is digging and digging very deep...

    and the bad is getting nervous that the body in the ditch will be his TBTF banksta bunch sucked into contagion hole.

    This looks spot on script. Who falls first into ditch is labelled "bad". Then the film goes "THE END", and the good guy rides away with the gold. Leaving the ugly standing, hanging in mid air. 

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