Britishsteel

Painful Unemployment Report

the bottom line, prices on consumables rising, hard assets deflating ,
and along with unemployment skyrocketing, wages are falling and will continue to fall as competition for jobs increase. Was and is that the plan all along?

Colonial Bank Failure Highlights the Problem

www.youtube.com/watch?...

Cramer's Stop Trading! Bernanke Allegations Are Baseless (6/24/09)

bottom line is prosecute em all of em , treason against the united states of america through the veichle of financial terrorism

Cramer's Stop Trading! Bernanke Allegations Are Baseless (6/24/09)

APPRO THE SHORTING OF AMERICA??? by WHO GOLDMAN SUCKS? CRAMER HOW ABOUT YOUR PHRASE WE NEED A LITTLE LESS DEMOCRACY? YOU ARE DONE COMRADE CRAMER. YOU HAVE NO VALIDITY NOR RELEVANCE. YOU THE GUY WHO GOES ON RECORD AS HAVING MANIPULATED THE MARKETS YOUR SELF?

Stocks Soar on Positive Bank Reports

still got 600,000 in foreclousure inventory that has yet to hit the market and how many of them are worthless due to neglect and vandalism?
and let's not forget the HELOCS on those foreclousures that have yet to take a hit. You can be crreaive all you want with your accounting but chickens always come home to roost. It is and always was fraud and government enabled. The bottom can fall out at anytime so are banks a safe investment???

A Five-Step Plan to Prevent Great Depression II

I am not british I am american just a nick name for net and and its all basic math that drives my views . not bull crap psycho babble and cnbc crap . GDP growth is 3% but debt growth is 6% the law of exponents says that eventually the game of musical chairs will end in tears both The Executive and The Fed have desperately tried to blow bubble after bubble, knowing full well that when the last bubble bursts an enormous deflationary credit collapse must and will come crashing down upon the economy just as it did in 1929 and 1873, bankrupting tens of millions of Americans, throwing millions out of their homes and destroying hundreds of thousands of businesses.



On Jan 15 12:50 PM 31October wrote:

> Re: Britishsteel "not impossible marvin painful yes but not impossible
> 50% of this decline was caused byt government trying to save these
> crooks"
>
> You gotta love the Brits and their can-do attitude!
>
> Austerity measures are too much like work, and Americans are pushing
> hard the other way. America just elected an executive and legislative
> government that promised to copy all of Europe's programs but with
> no measures to make them succeed. (The government will take care
> of you. Free food and toys for all!)
>
> The UK could pull off the measures in this piece. But the USA is
> a less cohesively patriotic nation, and the crap floats to the top.
> Since turds are controlling the economy, it will stink for years
> to come.
>
> (If he could catch a politician, Marvin would have plenty to fertilize
> his garden with.)

A Five-Step Plan to Prevent Great Depression II

not impossible marvin painful yes but not impossible 50% of this decline was caused byt government trying to save these crooks


On Jan 15 10:53 AM MarvinMBA wrote:

> Its an impossible dream....we would all go down the tubes faster
> than you imagine. Were in a major DEPRESSION right now and there
> is no easy way out of this problem anytime soon. The whole system
> is going down the tubes....get your victory garden going is my sage
> advice..MarvinMBA

Wall Street Breakfast: Must-Know News

Then please spread the word to all you know , we must pound the table on this . The media is bought and paid for. I posted similar in my own words yesterday and seeking alpha removed my post ,censorship is everywhere and running rampant. We live in dark times


On Jan 15 09:01 AM know nothing wrote:

> This is a must watch video!! Great job Britishsteel!! My complements..
>

A Five-Step Plan to Prevent Great Depression II

How about prosecuting those that created this financial disaster? confiscating theIr assets, locking em up all of them? By the time you work your way through all the ceo's the politicians and bankers ,underwriters ratings agencies ect.. I am sure you could recoup a large portion of the monies lost not all but say 20% , MAYBE MORE and that would instill trust from the public at large. Then recoup all bailout money from existing banks PLUS seizing all their assets as penalty for knowlingly writing bad loans before the ink was dry on these loans . And then move on to brokerage houses like goldman Sachs who knew the credit default swaps they wrote would default and then taking a short position against them? lOTS OF ASSETS OUT THERE TO SEIZE AND AGAIN WOULD DO WONDERS TO RESTORE FAITH IN AMERICAN MARKETS! Then the government with the seized assets creates 10 new banks with clean balance sheets and reserve limits that are ahdered to say 4-1 lending and IPO'ing them .

Wall Street Breakfast: Must-Know News

market-ticker.org/arch...

Wall Street Breakfast: Must-Know News

We The People of the United States have lived through twenty years of monetary fraud, avarice, theft and outright assault. The monetary policies of both The Executive (Treasury) and The Fed have been to blow bubble after bubble, submit fraudulent budgets and borrow without limit, irrespective of ability to pay, and worse, urge Americans to do the same thing!

Then, exploiting these exhortations, the bankers have swooped in and preyed upon the lack of understanding of fundamental mathematics among Americans, selling them unsound loans - "Option ARM" and "Subprime" mortgages, "Rollover" car loans that are instantly upside down by thousands and credit cards with 30% "default" rates triggered if you are one hour late with a payment - on your water bill. They then "securitized" all this debt - debt they knew in advance could not be paid - and sold it off to unsuspecting suckers all over the world who were also duped through the issuance of bogus ratings that were literally "bought and paid for." Every bit of this was and is bogus and yet you have done nothing to put a stop to any of it.

Fully aware of the mathematics of the matter - that if GDP growth is 3% but debt growth is 6% the law of exponents says that eventually the game of musical chairs will end in tears both The Executive and The Fed have desperately tried to blow bubble after bubble, knowing full well that when the last bubble bursts an enormous deflationary credit collapse must and will come crashing down upon the economy just as it did in 1929 and 1873, bankrupting tens of millions of Americans, throwing millions out of their homes and destroying hundreds of thousands of businesses.

THAT DAY HAS NOW ARRIVED AND INSTEAD OF ACCEPTING THEIR JUST PROPORTION OF THE DAMAGE THEY ARE CRAVENLY APPEARING IN FRONT OF CONGRESS AND DEMANDING TO BE SAVED, COMPLETE WITH THEIR LEARJETS, HOMES IN THE HAMPTONS AND YACHTS WHILE EVERYONE ELSE LITERALLY BURNS IN HELL, THREATENING ECONOMIC NUCLEAR WAR IF YOU REFUSE THEIR BIDDING - AND YOU HAVE SAID "YES" INSTEAD OF JAILING THE LOT OF THEM FOR EXTORTION!

The necessary GDP adjustment - a moderate recession - should have been taken in 1987. It was not, and instead a bubble was intentionally blown. We got the Internet Bubble.

exerprts from Karl Denningerhttp://market...

Stop Trading! Geithner Is Innocent (1/13/09)

Be aware I posted earlier and told it like it is and they removed my post seeking alpha censors you I posted nothing inappropiate just the facts

Cramer's Mad Money - Common Investment Mistakes (1/2/09)

Canary how do you propose we pay for Obama's infrastructure deals? Through more printing of DEBT? we do not print money we print DEBT! And who pays for this DEBT? The taxpayer? AND that is contingent on the taxpayer still having a job because debt is issued based on production and production in the governments world is based on paying off debt from the worker earning money and paying taxes . So now with unemployment growing by the month and less workers paying taxes the end result can only be higher income tax and local property taxes and of course all sorts of new taxes . So my question to you is, are you really that ignorant?
Now if GM has BORROWED money from the government at 8% and then is turning around and lending this cash at 0% to people with a less than stellar credit rating{ 620 FICO is acceptable for GM to lend } where are they making money ? You need to study economics dude. And as far as oil prices go its due to deflation and not less demand people are scared and want cash my man not willing to speculate here. oil is being driven up now by geopolitical tensions as is gold. As far as surplus cash? you gotta be kidding me . I would suggest you prepare for rioting and civil unrest like our military is being trained for right now! We have been already threatened with martial law by Paulson to get his bailout bill passed and wheteher you know it or not Bush has signed into law that the president can declare martial law at any time without congressional approval. You my friend have been duped take another prozac will ya?

Cramer's Mad Money - Common Investment Mistakes (1/2/09)

The mistake people make is listening to the so called experts and phd's who created this financial terrorism inflicted on the taxpayers of the United States of America.They lied to you and will continue to lie to you. The stock market is not a bank account although they would have you believe that.
What government has done to date and proposes to do cannot work any more than it did the last time. We know this for a fact because it was done just seven years ago and failed to produce lasting prosperity.

These actions failed (and will again) not because they were "not big enough" or "ill timed" or any such claptrap - they failed because it is mathematically impossible for them to succeed.

The problem is that there is too much debt in the system; adding more debt to the system simply makes the problem worse at an exponentially-increasi... rate.

It is impossible to fix a problem that is best explained as "too much" of something by adding more of that same thing.

This is true whether the "too much" is a drunk who wants a bottle of whiskey, a crackhead who wants another hit, or a heroin addict who begs for another shot.

You can't solve any of their problems with more of what ails them any more than you can solve a debt problem with yet more debt.

Our government's actions to date and Obama's plans will fail; any "benefit" that appears will be fleeting and simply compound the necessary pain that we must take in order to clear the economy.

Irrespective of whether the bankers, homeowners and government like it or not, the insolvent will be forced into the open and bankrupted. We are only arguing over whether the government does the right thing and forces it to happen now or whether it occurs as part and parcel of a full-on economic (and possibly government, if they don't quit taking on debt themselves!) collapse.

Those are the only two choices.

There is no other solution that is mathematically possible, no matter what you are told - or by whom.

I strongly suggest that you prepare for our government to do the wrong thing, and to lie to you for as long as it is able.
exerprt from Karl Denninger. All rights reserved.

Cramer's Mad Money - Cramer, SEC Chairman? (12/2/08)

Hey Cramer , I will vote for you if you prosecute paulson,cox,dodd,frank... and mozillo for treason and financial terrorism. what you think? Got the balls to do it ?