How High Will Mortgage Rates Go When Fed Winds Down Programs? [View article]
Bill,
Great article as always! I will be in my crappy 1 room apartment that I pay way too much for when this sh*t DOES hit the fan...
Curious though... does the Fed realize that it is shooting itself in the foot? If it pulls MBS purchases too early while trying to keep the bond market afloat, mortgage rates will blow up. If it pulls both, it will have little mechanisms available to even control the situation. So what does it do? Do they KNOW what a mess they are in? That's what scares me the most. Because, well, it's the Fed and... uh... they don't have the best track record on these things.
Goldman Sachs, Morgan Stanley: Half Price on TARP Warrants? [View article]
"How about a license from the government to print money. "
bwhahahahahaha I love it. Can I give you 2 thumbs up? And let's throw in a big toe for good measure.
On Jul 22 01:49 PM Mad Hedge Fund Trader wrote:
> How about a license from the government to print money. It looks > like Goldman Sacs is going to leg over the Treasury once again. It > is buying back the warrants it issued the Feds as part of its TARP > dole out for a mere $1.1 billion, giving a 23% annualized return > on the investment. Why is the government selling? Do you think GS > knows something about its future earnings the government doesn’t? > Could this be the greatest example of insider trading of all time? > Has anyone at the Treasury considered keeping free calls on GS to > maturity, as Warren Buffet is with his paper? Then they might be > worth $10 billion, or even $100 billion. I know that if hedge funds > could get these warrants at the same terms as the Treasury, they’d > be loading the boat. Safe to say that when GS shakes your hand, you > want to count all of your fingers afterward.
Fast Money Recap: Microsoft Has a Pulse (3/25/09) [View article]
this has FAIL written all over it. A Cramer endorsement is like the kiss of death. And on FOMC day none-the-less? Please. He SHOULD tell traders to take the day off, instead he's getting them worked into a lather over tech? Yeah, wise move... *yawn* Next!
Goldman Sachs One-Upped Wells Fargo in Accounting Shenanigans [View article]
We all know the manipulation is happening so why not get a piece before the truth comes out in the wash? They can rewrite all the accounting rules they want - the problem being at some point the game is over, the question is whether or not those who understood what has been going on all along played along or not.
Book Review: 'Financial Reckoning Day' by William Bonner, with Addison Wiggin [View article]
This is a fascinating article, thank you.
I'd be curious to look at a non-US demographic though... I think we all know the effect our aging population has had on us and we know where SS is headed...
Is it time to redefine the terms we carelessly throw around on a daily basis now?
Socialism and Capitalism are now like warring factions - and yet the general public (and even some of the "experts") cannot define what these actually mean. Just like "classical liberalism" defines a set of beliefs that would not fall under the modern definition of liberalism, so does "capitalism" no longer hold much weight in its current state as it hasn't been redefined.
Until we realize this, we'd be wise not to throw these terms around so flippantly.
It is amazing to see such an open discussion of NWO agendas on a legitimate investing website. Sadly, you are correct.
If Volcker and his Group of 30 have their way, Obama will inject their agenda into the G20 without questioning for a moment that perhaps, just perhaps, the information that he has been fed is incorrect. Unless of course Obama already knows he's playing the game, in which case he'll happily adopt any agenda provided to him by the axis of evil (Volcker, Geithner, Summers).
Logical minds say no NWO lackey in his or her right mind would have intentionally created this crisis - since they obviously can't control the unraveling - but they'll certainly attempt to jump on the opportunity.
On Mar 29 05:29 PM Prudent Man CFA wrote:
> Yes!! > > The New World Order is dependent upon debasing fiat currencies and > forcing governments to buy into a world currency. > > They have tried this since Jimmy Carter and came close a couple of > times but now that they have Obama and the CFR guys running the Administration > they have a good chance of pulling it off. The UN, which the CFR > and Tri-Lateral Commission control with be the vehicle of their choice. > > > I predict that they will fail as politicians worldwide want to control > their turf and they will, with grass roots efforts hopefully, wake > up the public to the danger of One World Government!
Hitting Bottom Is Inevitable, Subsequent Pace of Growth Is the Real Concern [View article]
Janet Yellen has no idea what she is talking about.
Lacker and Plosser are the only ones over there with their heads screwed on straight and even they take an overwhelmingly moronic stance now and then - and certainly one dissenting vote can't stop Ben Bernanke from dropping the WMDs on the dollar.
But I agree with previous comments... buck up, kiddo! Things aren't THAT bad! Unless we continue to operate as we have (blindly, ignoring inflation, blah blah blah), in which case... buckle up, it's going to be a bumpy ride!
Bernanke's Game Plan and How It's Affecting the Dollar [View article]
Where is this "deflation" threat even coming from?? Deflation? Really? I don't think so.
Until Bernanke recognizes that deflation is not the problem at the moment, he'll continue to conjure up creative ways to debase the dollar. But no matter... so is everyone else.
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Latest | Highest ratedMonetizing Debt: Disinformation in the Blogosphere [View article]
On Aug 11 02:07 PM greg weitzner wrote:
> Is this not quantative easing? I thought it was common knowledge
> that the Fed has been buying up newly issued Treasury Bills.
Goldman Pays Its Pound of Flesh [View article]
"borrowed" *cough*
Is the U.S. Dollar the Fed's Next Weapon? [View article]
what was that? the sound of the very last bubble we've got left?
How High Will Mortgage Rates Go When Fed Winds Down Programs? [View article]
Great article as always! I will be in my crappy 1 room apartment that I pay way too much for when this sh*t DOES hit the fan...
Curious though... does the Fed realize that it is shooting itself in the foot? If it pulls MBS purchases too early while trying to keep the bond market afloat, mortgage rates will blow up. If it pulls both, it will have little mechanisms available to even control the situation. So what does it do? Do they KNOW what a mess they are in? That's what scares me the most. Because, well, it's the Fed and... uh... they don't have the best track record on these things.
Goldman Sachs, Morgan Stanley: Half Price on TARP Warrants? [View article]
bwhahahahahaha I love it. Can I give you 2 thumbs up? And let's throw in a big toe for good measure.
On Jul 22 01:49 PM Mad Hedge Fund Trader wrote:
> How about a license from the government to print money. It looks
> like Goldman Sacs is going to leg over the Treasury once again. It
> is buying back the warrants it issued the Feds as part of its TARP
> dole out for a mere $1.1 billion, giving a 23% annualized return
> on the investment. Why is the government selling? Do you think GS
> knows something about its future earnings the government doesn’t?
> Could this be the greatest example of insider trading of all time?
> Has anyone at the Treasury considered keeping free calls on GS to
> maturity, as Warren Buffet is with his paper? Then they might be
> worth $10 billion, or even $100 billion. I know that if hedge funds
> could get these warrants at the same terms as the Treasury, they’d
> be loading the boat. Safe to say that when GS shakes your hand, you
> want to count all of your fingers afterward.
Fast Money Recap: Microsoft Has a Pulse (3/25/09) [View article]
Goldman Sachs One-Upped Wells Fargo in Accounting Shenanigans [View article]
A load of bull if I ever saw one.
Beige Book Reflections [View article]
I don't believe it will last (or that the Fed is being entirely realistic) but it's encouraging none the less.
Book Review: 'Financial Reckoning Day' by William Bonner, with Addison Wiggin [View article]
I'd be curious to look at a non-US demographic though... I think we all know the effect our aging population has had on us and we know where SS is headed...
Paul Krugman pines for the days when investment bankers were boring. [View news story]
Socialism has failed. Capitalism is bankrupt. What comes next? "Whatever ideological logo we choose for it, it will mean a major shift away from the free market and towards public action." [View news story]
Socialism and Capitalism are now like warring factions - and yet the general public (and even some of the "experts") cannot define what these actually mean. Just like "classical liberalism" defines a set of beliefs that would not fall under the modern definition of liberalism, so does "capitalism" no longer hold much weight in its current state as it hasn't been redefined.
Until we realize this, we'd be wise not to throw these terms around so flippantly.
Exclusive: Big Banks' Recent Profitability Due to AIG Scam? [View article]
So sit on that for a minute...
The Dollar's Tipping Point [View article]
If Volcker and his Group of 30 have their way, Obama will inject their agenda into the G20 without questioning for a moment that perhaps, just perhaps, the information that he has been fed is incorrect. Unless of course Obama already knows he's playing the game, in which case he'll happily adopt any agenda provided to him by the axis of evil (Volcker, Geithner, Summers).
Logical minds say no NWO lackey in his or her right mind would have intentionally created this crisis - since they obviously can't control the unraveling - but they'll certainly attempt to jump on the opportunity.
On Mar 29 05:29 PM Prudent Man CFA wrote:
> Yes!!
>
> The New World Order is dependent upon debasing fiat currencies and
> forcing governments to buy into a world currency.
>
> They have tried this since Jimmy Carter and came close a couple of
> times but now that they have Obama and the CFR guys running the Administration
> they have a good chance of pulling it off. The UN, which the CFR
> and Tri-Lateral Commission control with be the vehicle of their choice.
>
>
> I predict that they will fail as politicians worldwide want to control
> their turf and they will, with grass roots efforts hopefully, wake
> up the public to the danger of One World Government!
Hitting Bottom Is Inevitable, Subsequent Pace of Growth Is the Real Concern [View article]
Lacker and Plosser are the only ones over there with their heads screwed on straight and even they take an overwhelmingly moronic stance now and then - and certainly one dissenting vote can't stop Ben Bernanke from dropping the WMDs on the dollar.
But I agree with previous comments... buck up, kiddo! Things aren't THAT bad! Unless we continue to operate as we have (blindly, ignoring inflation, blah blah blah), in which case... buckle up, it's going to be a bumpy ride!
Bernanke's Game Plan and How It's Affecting the Dollar [View article]
Until Bernanke recognizes that deflation is not the problem at the moment, he'll continue to conjure up creative ways to debase the dollar. But no matter... so is everyone else.