debtacid

93 Comments

    • This Isn't a Bottom, It's a Disturbance in The Force [view article]
      Obi-Wan was on the Millennium Falcon on the way to Alderan when he felt the disturbance, not on Tatooine. I like Bernanke as the Emperor and Paulson as Darth Vader… Oct 10 05:08 PM
    • History Shows We Can Rally and Rebound [view article]
      Just one question. What is the new business model for this rebound? Oct 09 04:27 PM
    • California: Canary in the Economic Coal Mine [view article]
      I remember the old days in California where several bond measures would pass in every election to pay for this pet project or that shortfall. Now, the middle class is leaving California in droves and the fools in the state house are still raising taxes on the middle class. Of course, the huge tax loopholes for the wealthiest members of the entertainment industry will remain intact. Oct 09 10:45 AM
    • Coordinated Rate Cuts: Too Little, Too Late? The Forex Angle [view article]
      Looks like hedge funds are looking at every Fed pump as an opportunity to dump on the chumps. Oct 08 04:53 PM
    • The Beginning of the Endgame for Monetary Policy, Redux [view article]
      A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse (money-benefits) from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy followed by a dictatorship. The average age of the world’s greatest civilizations has been 200 years." The Decline and Fall of the Athenian Republic (1776) By Alexander Fraser Tytler, Scottish professor of history at Edinburgh Oct 08 04:20 PM
    • Global Coordinated Rate Cut: Nice Try, but the Party Is Over [view article]
      The mega failures of fractional reserve banking and fiat currencies are well established throughout history. Every civilization rose out of wealth measured in gold and fell as gold was replaced by paper.
      Central banking is not the “heart” or “centerpiece” of Capitalism. It is a parasitic cancer. It’s a weapon of mass destruction in the hands of fiat fools.
      The massive market interference by central bankers is 100% responsible for this collapse.

       Oct 08 02:21 PM
    • Global Coordinated Rate Cut: Nice Try, but the Party Is Over [view article]
      Kudos to Seeking Alpha contributors for warning of these problems for months while the establishment news outlets stuck to happy talk until a couple weeks ago. Oct 08 01:29 PM
    • Roubini Was Right [view article]
      Big deal! Ron Paul and Austrian economists predicted this for decades. Oct 07 04:56 PM
    • Have We Learned Anything Yet? [view article]
      Again, the oligarchy still refuses to admit that the source of the problem is central banking, big government, and fiat currency. They have learned nothing and have nothing to offer. Oct 07 02:24 PM
    • Browsing Through Lehman Emails [view article]
      Anyone know where I can get a Dick Fuld mask for Halloween? Here is where you can get Ben & Hank masks:

      benandhank.com/
       Oct 07 02:15 PM
    • Wachovia Deal: A Home Run for Citi [view article]
      OOPS, Tom. Looks like XLF just fell below it's July 15th low... Oct 07 02:05 PM
    • John Hussman: Depression Fear Mongering 'Ridiculous' [view article]
      There was good reason why Greenspan retired at the height of his career in 2006 and was replaced by Bernanke, the “Depression Specialist”. The Fed new this was coming. Oct 06 06:54 PM
    • John Hussman: Depression Fear Mongering 'Ridiculous' [view article]
      More mindless chart followers. The debt economy is collapsing, banks have been nationalized, and the Fed is the only thing keeping the “market” from total collapse. 2008 represents the start of a completely new economic order that can’t be compared with the past. Oct 06 06:50 PM
    • Getting Ready for... Anything [view article]
      Obvious that the Fed intervened to avoid a total meltdown today. Your 700 billion tax dollars at work. I expect Wall Street will continue to bleed the tax payer dry... Oct 06 06:03 PM
    • Don't Get Sanguine About This Bill [view article]
      I’m speechless…

      SEC. 112. COORDINATION WITH FOREIGN AUTHORITIES AND CENTRAL BANKS.
      The Secretary shall coordinate, as appropriate, with foreign financial authorities and central banks to work toward the establishment of similar programs by such authorities and central banks. To the extent that such foreign financial authorities or banks hold troubled assets as a result of extending financing to financial institutions that have failed or defaulted on such financing, such troubled assets qualify for purchase under section 101.

       Oct 02 03:55 AM
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