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Will JCT finally backtrack on the ECB's recent disastrous tightening policy? Find out in the live webcast below.
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Why bother?
It''s just another blow-job for the bankers.
I'd better off porking Steve Lisman in his fat hairy ass.
At least I'd get some pleasure.
Fuck Ben Bernanke.
And fuck the paper and gold bugs, too.
And fuck the horse all you cocksuckers rode in on.
http://geraldcelente.proboards.com
Forgive me.
I'm skunked on soju.
I can get shitfaced in South Korea for two American dollars.
In your face, bitches!
http://geraldcelente.proboards.com
Go for the Gin-ro, much quicker buzz.
In other news, SAAB is going bankrupt and BAC is breaking into two parts, closing down 600 branches.
I have a mortgage with BAC, and interestingly last month they changed the name of the mortgage servicing arm...I am thinking they are seperating non-performing loans into a different company for potential bankruptcy?
I'm no lawyer, but that tactic sounds patently illegal. Not that BAC is afraid to go there as a TBTF.
why should legality ever get in the way of profits (or loss mitigation) BAC will just have Holder change the laws.
Yeah. Legislation aimed at making it possible would do the trick. In essence, congress would then be making the determination of who takes the hit for the bad bank failure. But, it is not like they are not doing that now anyhow.
http://seekingalpha.com/article/115892-a-good-bank-bad-bank-primer
Found this on the subject.
exactly, but the article seems to lean towards "One Big Bad Bank" which is consitent with the Bernank, but the current split move could be a prep for that as well, either way BAC wins.
shocking!
Trichet's Freudian slip? "Interst rates should fall.. oohhhh excuse me.... INFLATION rates should fall".
Inflation rates for all things you don't need may fall, things you can't do without? Oh they will continue to go higher and higher
I've been saying the same thing going on four years now.
Deflation for the things you want, inflation for the things you need.
Hmm...could we be headed for a time when the following applies?
"From each according to their abilities, to each according to their needs."
I'd be for that. I'm sure the good ol' "rugged individualists" in our Amerikkkan society would be, too.
So growth contraction is now termed "moderate growth"?
Looking at plastic face hatch talk the waste treatment repub line is ....sorry had to upchuck.
Unemployment back to 414,000
Just a waste of time.
Yesterday most stocks up except gold and miners. Today most stocks down except gold and miners. Exactly why I do not day trade this broken market. Like what I got.
FOA of ALL CNBC hosts...............Sorry redactaded. Waiting for the next extension tonight.
IF ANY REPUB CAND HAD ANY BALLS, THEY WOULD MAKE AN ISSUE OF UNCLE OMAR.FAKE CITIZEN CRIMINAL.
It's now so clear as to the impetus for the rocket-ride all of the US and most of the European indices since late Tuesday.
The market was high on hopium, and looking for a fix from whomever would provide them with the next high.
We tend to forget on this side of the pond (the spoiled child side) that more than just one Central Bank exists in the world.
HFT computers may not feel emotion, but they can sense negative vibes, man. Now pass that sucker around - I need it bad, baby!
Crap, between the accent and PhD central banker speak, i have no clue what he is saying.
Blah blah blah . . . . look at my obnoxious cuff links. What a douche.
Look at all the reporters, just like sheep, being ministered to like Catholics and their pedophile priests. Cannot stand it. Cannot.
It doesn't sound like Trichet is blowing happy bubbles up Europe's ass right now. The theme of his speech is "increasing downside risk" and the ECB will do "whatever is necessary" just like Bernanke.
SNB own responsibilty
look at the euro go
Look at gold go. Up, that is. Silver too. Love it. LOVE it.
This guy is an asshat, the only reason for price stability is ECB...too bad Bernanke can't say the same thing.
foam coming out of month
JCT: "I have neither the time nor the inclination to explain myself to a man who rises & sleeps under the blanket of price stability I provide"
UHOH! No inflation?!?! PRINT MORE MONEY! Please, please, please what the world NEEDS is more more more more more!
Jean Claude Dechet is chock full of shit. Keep spinning those Ponzi plates, flim-flam man.
"Quantitative Easing" is the term they use when you will be raped many more times than "expected" and it takes extra "liquidity" via gallon(S) of Astroglide "unexpectedly."