debtacid

Real Cause of This Financial Crisis? Global Hunger for Savings Instruments

A naïve and overly simplistic “expanation” that excludes any mention of the systemic fraud and corruption of 2B2F banks like BA and CS that this guy worked for.

The Coming Consequences of Banking Fraud

It's said that the children pay for the sins of their fathers. Well, I don't mind paying for my own father's little sins. It's paying for the sins of JP Morgan, Woodrow Wilson, FDR etc. that I have a big problem with.

Wall Street Breakfast: Must-Know News

Where are my watchlist articles on Seeking Alpha? This new "microblogging" format sucks! I had a watchlist but now I'm a follower? I don't think so. And why do I have to send an email to the developers? Why can't I just comment on their lame changes. Keep it simple...

The Financials, the Automakers, and the Call That Cramer and All of CNBC Got Wrong

I was wondering how long it would be before someone used XLF as a fig leaf to prove financials bottomed on July 15th. Just more mis-direction from the Ponzi crowd.

Calling a Bottom: It's Time To Party

Tom Brown called a bottom on July 15th? Tell that to FNM, FRE, LEH, WM, WB, MER. Even GS fell below it's July 15th low today.

Calling a Bottom: It's Time To Party

Just what we need, more sarcasm...

Fannie/Freddie Bailout 'Disastrous Fiasco'

Its hard to believe that there are still market sycophants and fiat fools out there who still think that no long term damage has been done to the world financial system. Another unintended consequence of this fiasco is that democracy has been exposed as a sham. 80% of tax payers are against bail outs yet they all pass with little opposition from Washington. Clearly, Wall Street is calling the shots now. Well, at least I made a nice return on my FNM put…

Fannie and Freddie: U.S. Government Takes Control

Another apt reminder from Thomas Jefferson...
"I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale. "

Paulson Rolls The Dice At Taxpayer Expense

Can anyone explain why FNM pumped up %9 at Friday's close and then dumped %21 within minutes of after hours trading? I'd like to close out a small short position on the %21 drop...

The Upside of Moral Hazard

So, the only “upside” of moral hazard is that everyone stays calm while the financial system collapses? Can you remind me what all the downsides are?
GSEs only distort and corrupt everything they touch and the rot starts with the Federal Reserve "system". The desperate bailouts of the 2big2Fails only welds in the rot, corruption, and debt slavery.
Maybe staying calm is not always a good thing!
Remember Jefferson: A little rebellion now and then is a good thing.

Ten Bear Market Phases, Current Edition

11. Congress gets in the act and makes things worse
12. Congress gets in the act and makes things worse
13. Congress gets in the act and makes things worse
...

25 Ways to Tell a Banking System Is Unsound

26. Your bank ATM issues hand written I.O.Us

Let the GSEs Fail

I suspect that the spike up in Financials is just the Mother of all Wall Street Pump and Dump scams to make the massive Fannie/Freddie bailout more appealing to those idiots in Congress. Once Wall Street has the tax payer on the hook, they will let it collapse again...