Adrienne Gonzalez

The FDIC Is Broke...Or Will Be Soon

I'm grateful that *some* of you are able to look outside of the box and appreciate the humor to see beyond the intentionally daft verbiage. Good job, guys.

In the immortal words of I Can Haz Bailout icanhazbailout.com/ "We're F**ked... and It's Funny"

I've read Galbraith, Friedman, even Bernanke's text book pablum and Nuri's paper on economic parasitism. If any critics feel THEY could do better, I would love to see any of THEM send in their articles for consideration. Let's keep things in perspective here - criticizing the purposely simplistic and sarcastic language doesn't make the FDIC any less insolvent. It is THAT reality alone which we all must keep in mind here.

Boston Fed Head: Ditch the Bad Assets So Banks Can Focus on Future Prospects

InnocentsAbroad,

America will not do that because it is still under the hallucination that the Federal Reserve has its best interests at heart. Until America wakes up and accepts THAT singular fact, the system will remain broken beyond repair and the American people will remain chained in economic slavery.

End of story.

Boston Fed Head: Ditch the Bad Assets So Banks Can Focus on Future Prospects

WaveNet Pharma,

The problem with the "bad bank" idea or any of these "purge the bad assets" schemes is that inevitably the taxpayer will be left holding the bag.

If Mr. Rosengren insisted that these banks suffer with their own losses for irresponsible behavior, marked down their pathetic toxic assets and took a cut, I'd be far more liable to support the suggestion.

However, if the last four - five months have taught us ANYTHING, it is that in one way or another, the taxpayer will be on the hook for those losses. And that is just wrong.

Geithner will value the assets wrong and banks will make off with our loot. www.jrdeputyaccountant... Need I remind you how much we've sunk into Citi and AIG to date? I don't think so.

JPMorgan Chase Lays Off 12,000 and Blames WaMu

I'd like the record to reflect that my original article at my site had the CORRECT numbers in the headline, it's an SA error: jraccountant.blogspot....

I don't have to defend my sarcasm, as that's how I choose to write. Just making sure we're getting the right info here.

M2 Growth Suggests That 1970s Inflation Won't Return

Oh you mean THIS M2? research.stlouisfed.or... FAIL

I know when *I* am trying to analyze the bigger picture it helps *me* to focus on just a small portion of the picture - not. This is not a realistic indicator.

But of course hindsight IS 20/20

Will China Continue to Buy U.S. Debt?

I simply found it interesting that though Mrs. Clinton insisted that she would address human rights while on her trip, she cheapened what could have been useful and turned it into pimping out the United States to China to feed our debt habit.

End of the Recession in 2009?

Great! Thank you, NY Fed, this means I don't have to panic and stash my dollars under the mattress anymore! This is wonderful news!

Not. I don't believe a word that comes out of that cesspool of economic slavery. And why aren't the Fedheads getting together and making sure that they are spreading the same lie at once? Because when you listen to what the other Fedheads have been blabbering about lately, it looks like we're going to be here for quite some time and are nowhere near bottom.

Your Oil Stocks Aren't Coming Back

Well I guess this means we're just going to have to learn to live without. Just like our over-priced homes and three car garages. As previous commenters have pointed out: it is absolutely ludicrous to compare the tech bust of 99-00 with a commodity, first of all, and secondly, oil has most certainly reached peak production.

Even if by some act of God a new oil vein is tapped and the stuff starts flowing like water, it won't do much good for a recovery when you have however many hundreds of thousands (or millions - who knows, the car makers are certainly being obtuse when it comes to inventory unless requesting a piece of the FAILout pie) unsold new cars lying on race tracks collecting dust and depreciating by the minute.

Deal. Oil is done. Next.

A Blast from Ben Bernanke's Past

DiracMan,

You got it. Check Jr Deputy for a detailed Geithner analysis based on whacked-out things like birthdate. It's not that far off after all.

I think it is interesting that Feng Shui masters in China predicted difficulties for the American economy for most of 2009 based on the fact that both Obama and Geithner are born in the year of the Ox. Looks like they might be right.

You can never have too many sources of analysis, after all, right?

Sorry Geithner, The Market Is Not That into You

old boat guy,

I'm here to stay :) Glad you liked it!

Cramer's Stop Trading! Why They Won't Let Goldman Sachs Pay Off TARP (2/11/09)

Just as with the Federal Reserve, we supposedly have the "creme de la creme" running the show - intelligent, well-trained individuals, right? And yet they can't seem to calculate simple figures or grasp remedial concepts of sound economic policy.

Thain is not entirely innocent. None of them are. From Congress on down, they should all be tried for treason and frankly for them to be doing this song and dance on Capitol Hill is offensive to America - here, let's make it look like we're on different teams, yell at each other for awhile, and then I'll cut you a check before you leave.

Does this make ANY sense whatsoever?

Rothschild Investment Banking Posts Record Results: What's Their Secret?

Yes, surely "wise banking decisions" are the reason for their success. Obviously.