rick flair

Barrick Gold Confirms We've Reached 'Peak Gold'

total fools who utter things like 'short gold' have a tiny economic iq to start with, and are almost invariably liberals or socialists of the hysteric type....there'yr all the same...money losers for the last 11 years, just fade em...

With $770B of the $1.4T in commercial mortgages maturing in the next five years currently underwater, FDIC revises its rules (.pdf) to allow banks to keep loans on their books as 'performing' even when the underlying properties no longer cover the outlay.

This is the quintessential reason why america will fail, because no one has the nuts left to do the hard stuff.

With $770B of the $1.4T in commercial mortgages maturing in the next five years currently underwater, FDIC revises its rules (.pdf) to allow banks to keep loans on their books as 'performing' even when the underlying properties no longer cover the outlay.

battman, thats EXACTLY what they said after Nixon closed the gold window, EVERYTHING they act on is apparently temporary, and is promised to soon bring order , and guess what. Last count , none of it ever did, other than to stack badness on badness, and delay the inevitable...Why is it always some 'corruption expidient' short term 'solution' rather than a caning? what is it about liberals and americans in general that have this notion that if we acxtually clamp down on ANYTHING ,the whole worlds going to collapse ?!?!!? THATS WHAT THEY"RE COUNTING ON!!!!! just like Scicily, the mob KNOWS they're not going to jail, and therefore the slippery slope gets slipperier....YOU MUST lose the false notion that the worlds going to collapse if we punish people for thier actions....i know thats impossible for liberals/conservative cronyies to understand, but its the only long term solution to any of this, and frankly, americans aren't up to any of it...keep lying, its great...

With $770B of the $1.4T in commercial mortgages maturing in the next five years currently underwater, FDIC revises its rules (.pdf) to allow banks to keep loans on their books as 'performing' even when the underlying properties no longer cover the outlay.

do you think if your business was underwater, you could make 4 or 5 phone calls, and have a meeting or 2 , and 3 weeks later a high level gov't cabal would 'magnanimously' enact favorable reg's jsut for you?!?!?!!? babahwhwhhwhwhahahahah...

its fucking SICILIY!!!!!!!!!

With $770B of the $1.4T in commercial mortgages maturing in the next five years currently underwater, FDIC revises its rules (.pdf) to allow banks to keep loans on their books as 'performing' even when the underlying properties no longer cover the outlay.

you entirely correct. again, what angers me is, NO ONE is angry when obvious backroom pressure causes legaislation to magically appear, HIGHLY favoring that party. anyone knows how long it takes to enact regs normally, and yet poof , heres a big fat gimme for the loosers.??!?!?!?!?....... criminal, and its goes right to the heart of everything people HATE about the politician/bank snakefuk...

With $770B of the $1.4T in commercial mortgages maturing in the next five years currently underwater, FDIC revises its rules (.pdf) to allow banks to keep loans on their books as 'performing' even when the underlying properties no longer cover the outlay.

should have been "weren't severely pressuring"

With $770B of the $1.4T in commercial mortgages maturing in the next five years currently underwater, FDIC revises its rules (.pdf) to allow banks to keep loans on their books as 'performing' even when the underlying properties no longer cover the outlay.

did the space shuttle NOT blow up because everyone read the PDF responded non-emotionally, ? call it what you wish, but we wouldn't be having this conversation, if the banks we're SEVERELY PRESSURING the FDIC to enact these new rules in the first place. none of this passes the smell test, from any point of view...why did they even bother then, if theres no problem.......

the entire point of MINE is, these reg's come out of the woodwork, not due to the intelligence of the gov't hacks, but by phone call pressure from BANKS!!! get it????? this is why people are irate, or.....emotional....

With $770B of the $1.4T in commercial mortgages maturing in the next five years currently underwater, FDIC revises its rules (.pdf) to allow banks to keep loans on their books as 'performing' even when the underlying properties no longer cover the outlay.

wow, rationalizations are the hallmark of desperate, insane losers. the mere fact that there are apparently intelligent people who can't see this for what it is, says a lot. what planet do you live on Tom? your either a liberal , a crony,or bumped your head severely....THE MERE FACT they had to enact this, screams FEAR, Tom, of reality, not just some whimsical desire to make things easier. they CANNOT take another body blow, so now its down to shear LIES, Tom. even the most unsophisticated personage can see through this...just another american cronyist 'gimme' designed to piss in everyones face and say hahaha we can, and theres nothing ya'll can do .
one of these days Tom, the lies are going to getted stopped.....and i'm sure they'll be a poster like you bemoaning the lack of lying in america...

Without another round of stimulus, NY Times says, the best we can hope for is the weakest recovery in modern history. Mark Thoma agrees, but thinks the chances are slim given the political climate.

bwhahahaha....doctor, the patient is flagging...open the drip....more morphine ....more morphine......
inflationary expectations are taking hold....and we're only in year one of the communist czar rulership...wait till the 'goodies' are handed out in year 3 , you can almost bet the 'new emporer' will placate the "Praetorian Guards' with a shiny new tribute in the form of a major war offensive, or some such sideshow....to blow off a couple hundred billion in armaments, to be faithfully rebuilt...

Despite representatives Ron Paul and Alan Grayson's entreaty to Sen. Chris Dodd to slow down Bernanke's reconfirmation as Fed chairman to determine whether he's "fit to serve," Dodd's expecting no roadblocks.

i would think that anyone who DIDN'T vote for Ron Paul would just shove thier head up thier own ass, and keep it there, because thats exactly where it belongs....what kind of complete imbecile doesn't want to see total transparency from government? Joseph Stalin? Hitler? Pierre Treudeau?

The Dangers of Fiat Money: 'End the Fed,' by Ron Paul

its pointless to argue with fools. if someone cannot understand the simple economic practicality of having a gold standard backing your currency or ? , or worse , is philosophically opposed to it on some hairbrained 'social good' argument, then you might as well argue about the sky being blue......if you want to argue the sky isn't blue after 5000 years of looking at the BLUE SKY, then whatever pal...

The Dangers of Fiat Money: 'End the Fed,' by Ron Paul

Not enough gold? so #1 that means its wrong??!!?? of course not. #2 - the only reason you have not seen gold incirculation for decades is it was illegal, and by the time it was legalized again, the fiat currency 'swap' was in full tilt, and 2 whole generations of fucking morons had grown up believeing they didn't 'need gold' and we were all going to live in a world of endless government largess.
#3. to have a gold standard system does not neccisarily mean gold in your pocket/transactions. theres a number of ways to enact it. it would be benficial to have a bi-mettalic standard, that would work quite well.....
theres nothing sadder or more mal-educated that the 'hoarding, can't eat it, relic...etc' shithead child arguments. get an education

'End the Fed' Author Ron Paul's NY Victory Lap

Goodbye Brenake, you POS. i hope they get video of those SKM shredding paper by the ton, to cover the tracks of the filth who got the money fronted to them, for the last 40 years. The real kicker is gonna be the audit of Ft Knox. when its revealed that Greenspan et al authorized the lease sale of the gold reserves the public IS GOING TO RIOT!!!!!!!

Chinese threats to stop exporting rare earth minerals - with applications in electronic devices as well as wind turbines, hybrid cars and missiles - have touched off a boom around the world to develop alternative mines. One exec says three months ago "You couldn’t borrow 10 cents from anybody in the financial community [to develop a mine] ... We get inundated with calls offering financing these days."

does anyone here find that pathetic? the only way anyone can envision a REE mine getting to production, is so that the US can build death machines to drop bombs on israels enemies? this is what its come to, your nation ruled by an insane banking/hate clique.

Irwin Kellner shrugs off long-range estimates that peg the federal deficit at $9T over the next 10 years. "Somehow or other, unexpected developments have a way of changing what seems to be a certainty. In today's case, it could be such developments as stronger growth, greater productivity, innovation and technology."

Kellner has to one of the largest virtual imbeciles on planet earth , and thats saying something. if you've ever been forced to read his nepotistic drivel on MarketKvetch, you'd almost die laughing he's been soooo wrong, its almost as good a contrarian indicator as Prechter.....when they say sell,,, YOU BUY.....