Gary A

Weekly Recap: Is the U.S. Going Bankrupt?

Obama is an extension of the banker cartel, but Bush was a member as well. And Bush started wars of greed. For example. The war in Afghanistan was hatched as a response to the Taliban going to Texas in 1997 and refusing to build the pipeline to daddy Bush and Helliburton investments in the Caspian Sea. Afghanistan was never a response to 9/11. Some say it was a beneficiary of 9/11. I believe the rejection of the pipeline allowed a false flag against the United States. I don't know who started 9/11, but I know Bush allowed it and was an accessory to it.


On Nov 15 02:18 AM realold wrote:

> I agree except that the Obamanation is not a contender, it is the
> champion. Current events are the worse to ever effect the U.S.
> Are they reversible? I sure hope so.
>
> Before the election, I heard a replay of the Obama radio interview
> from his early junior senator days. I had hoped that it would be
> played many times before the election, but it was not. He really
> thinks that the Constitution is wrong and needs to be changed to
> give an advantage and special consideration to "diadvantaged" people.
>
>
> My Dad picked cotton at age 8 and ate horse feed many times for dinner.
> He and I did just fine without the government's help. Obama thinks
> otherwise and is ruining this country in order to promote the poor
> toward middle class benefits by "giving" them what my family worked
> so hard to achieve. The result will be the end of the middle class
> as it is slammed into poverty.
>
> The purpose of Obamacare is to accelerate this by packing medical
> schools with the underqualified poor (read about special grants and
> dispensation for minorities and underpriviled in medical school entrance
> in the House Healthcare bill) and to chase the current medical establishment
> to greener fields ( I saw my liberal doctor this week and these are
> his words). This will destroy quality care in the U.S.
>
> Point is, the U.S. economy and dollar are both doomed on the current
> path. I will be increasing commodity and specific gold miner stock
> ownership on any pullbacks. China, India, Canada, and Brazil will
> rule the world. And the citizens voted for this!
>
> I am so sad to see this in my lifetime and fear deeply for my grandchildren.
> Hope you young people find your way out.

Weekly Recap: Is the U.S. Going Bankrupt?

Besides George Bush being a traitor in so many ways, I agree with you that the Fed must keep interest rates low. Right now they are doing so by monetizing stuff, like MBS. That cannot continue, and they will have to actually defend the dollar and unwind something, like for example the budget deficits. So here we are with a Keynesian need to spend to avoid deflation, but we are too broke to do so!! Ain't that a hoot?


On Nov 13 11:16 PM mannettino wrote:

> Matt,
> There's a pretty big flaw in your analysis here. It has to do with
> the long/short weighting of the debt financing being done by the
> US. Because of the ultra low rates on the short end, they have (very
> dangerously) shifted the weighting towards that end because of the
> interest rate effect noted in the original article here. So, now
> we are REALLY exposed to any relatively major geopolitical event
> that would effect the short end of the interest curve. This is particularly
> true due to the levering up that's taken place via the carry trade
> being conducted (also leveraging the "cheap" money on the short end).
> So, anything that causes short term rates to increase is going to
> push us off the cliff.
> Regarding the spread between internal recycling of cash vs. foreign
> infusions via the treasury auctions, the easiest way to track that
> is via the statistic known as "TIC flows". It gets published monthly
> (I think). Suffice to say, it's moving in the wrong direction (e.g.
> less and less foreign central bank financing is coming in, and that
> which does come in is also going to the short end of the maturity
> curve). Net net, one cataclysmic disaster waiting to happen, and
> all the SOB NoBama cheerleaders on CNBC are aware of it but surpressing
> the reporting on it due to pressure "from above". God help us.<br/>