Pat Shuff

Brits More Critical About 'Quantitative Easing' than Americans

Hoovering up the bezzle with appropriately sized jet turbine
powered suction. Expropriating the property of the haves
for showering on the have nots and antisocial engineering
programs tends to evaporate in the altitudes before
moistening the ground at the Animal Farm. When one
hears 'teabagger' fondly uttered for its undertones of
cutesie-tootsie perverted sexual act innuendo, in all
feminization fairness, the Golden Showerers are saying it.

The Fed: Sending Investors to the Slaughter?

Economists, Market Analysts Reach 2010 Waffles-R-Us Outlook Consensus

The Joint Overheated Waffle Iron Survey predicts the
same Fahreheit 451 the survey results have been pegged
at since first gathered in the Kennedy Administration,
resulting in the building code requirement of hard-wired
smoke alarms in all new construction. They recommended
remote monitoring of all new and existing alarms be
consolidated at the Federal Reserve along with all things
regulatory, aside from their morning constitutional or
anything constitutional.

In testimony before Congress, Chairman
Barney "Brutally" Frank tabled the proposal, displaying
more interest in the brutality than the frankness upon
upon which the TV Parental Guidelines Council promptly
and finally jerked C-Span's general audience rating
after years of complaints from any mature, thinking adult
of the need to shield their eyes from that network.

Investors examining the Waffle Iron report and stymied
by years of the casino lobby failing to enact meaningful
online gaming reform, perennially outbid by the deeper
pocketed financial services sector, placed their bets
on red, black or aiming in the general Direxion of the
bull's eye, double-00 and triple-000 lever actioned,
double-barrelled rushin' roulette figuring that with most of
the buck shot hitting home, what with The Family moving
back in, everyone must still be Fed.


www.kids-safety-klub.c...

Investors Interested in Farmland Again

Also holding Sprott Resources which is doing some innovative things. Slight correction to the above post,
the First Nation farmland is leased not owned. Twenty
percent of the balance sheet is silver/gold bullion in
the vault of Bank of Nova Scotia.

Stephen Roach on Why He Loves China

There is never just one Roach. There is the Y2K survivalist Roach, the (quote) economic armageddon Roach, the (quote) second great depression Roach, the Chinese trainwreck Roach, a string of Roaches scuttling back to the 'Seventies. When Roach talks, people listen. Others lunge for the remote or stab at the car radio buttons.

California Legislators Got Drunk on Stock Market Gains

Lockyer in a moment of CAndor.

www.youtube.com/watch?...

Why Is Zero Hedge Claiming Fed Intervention in Equities Markets?

Because stating that the Fed _isn't_ intervening in the equity markets is boring, mundane albeit accurate non-news and isn't the sort of thing the fanclub wants to hear?

What Copper's Breakout Means

"Dr. Copper, who holds a Ph.D. in economics" based on the metal’s ability to forecast future economic activity.

~~~~~~~~~~~~~~~~~~~~~~...

A PhD in economics and the ability to forecast future economic activity have been long proven to be mutually exclusive. One or the other, not both. Perhaps 'copper,
the idiot savant?'

Threat to Petrodollar Sees Gold Surge to Near Record Highs

Moon people eschew dollar pricing and raise rates, breaking rank along with Aussie RBA.

www.scientificamerican...

Fisking: en.wikipedia.org/wiki/...

As for Robert Fisk himself, in a 2005 interview he stated that he was unaware of the term. "I have to be honest: I don't use the Internet. I've never seen a blog in my life. I don't even use email, I don't waste my time with this. I am not interested. I couldn't care less. I think the Internet has become a hate machine for a lot of people and I want nothing to do with it."[6]

~~~~~~~~~~~~~~~~~~~

Please tell Matt this breaking of rank is the actual news of the day. Apparently sidecreek media, chattering head arbiters of all things weighty and meaty, get their bones to chew fresh from Drudge's butchershop. One gets the sense of him sitting there in that goofy hat pulling on their marionette strings when he deigns to toy with them just to watch'm dance.

WSJ Preps for an FHA / Ginnie Mae Bailout

The WSj editorial page hammered Fannie, Freddie for ten years. No one listened then either or payed attention or learned anything. Nor from S&Ls or LatAm debt crises or Asian Contagions. If you can't lick'm, join'm. Victim or victimizer take your pick. After awhile, a long while, arriving somewhere beyond caring, one comes to prefer it that way.

The Depressing Income and Poverty Data

Tall People Are Happier Than Petite Peers, Princeton Test Shows

Height brings happiness, according to a study that also suggested tall people are more likely to have higher levels of income and education than smaller peers.

www.bloomberg.com/apps...

This study suggests stretching the lower income quintile on a medieval torture rack may be of help. It couldn't be any worse of a stretch than another Salmon contribution.

Investing and Genetics

Graphs

www.cxoadvisory.com/bl.../

relatedly--

according to a study that also suggested tall people are more likely to have higher levels of income and education than smaller peers.

“There is good evidence that cognitive and physical function develop together,” the researchers said. “It is this lack of full cognitive development that accounts for lower levels of education, and lower earnings in adulthood which, in turn, are almost entirely responsible for lower levels of life evaluation, and poorer emotional outcomes.”

www.bloomberg.com/apps...

The FHA Meltdown

Wall Street greed and politician's depravity have always existed, but this time an uncritical view of diversity let them both out of their cages at the same time. A mere mention much more attempted taming meets with Roy Horn of Siegfried and Roy treatment.

Government Policies to Correct 'Unfairness': Inherently Unfair

It doesn't seem understood that where costs or taxes are imposed and where they are collected are different places.
Imposed at the refinery, collected at the gas pump. Taxed at the corporate level, collected at the retail level at the cash register, the utility bill, the insurance premium. Don't tax me, don't tax thee, tax the man behind the tree. But there is nobody there. Borrowing half of what is spent at the federal level will also be borne across all segments of society, despite 'fair share' sales and marketing to the contrary. And anyone who doesn't like it will just have to be reeducated and learn to lump it. Enjoy the camping.

Hello muddah, hello faddah
Here I am at Camp Piñata.

Investing in Farmland: Considering Schober's Article

Also holding Sprott Resource Corp since Dec. '08.

Canadian farmland investment premise from Agcapita Partners LP:

www.farmlandinvestment...

Zero till farming allows credits to be claimed in both Alberta and Saskatchewan currently.

Vehicles for mining carbon credits, turning green into green?

hillandpartners.com/04...

www.smalldeadanimals.c...

How it works
According to Alberta regulations, carbon credits can be generated through various methods. One attracting the most attention is through “no till” practices in the agriculture industry.

“Basically, no-till means that instead of tilling their land, farmers would do direct seeding. This process removes carbon from the air and stores it in the soil,” explains Larry Ruud, Meyers Norris Penny’s director of intensive livestock.

Larry adds that most businesses generating carbon credits will want to use an aggregator or carbon credit trader to help market the credits. Aggregators pool the carbon credits from farmers and other sources, then market them to utilities and other major companies to offset their own emissions. Meyers Norris Penny held information seminars on the new industry in February 2008.

“Carbon credit trading is an emerging market. It rewards farmers and others for pursuing more carbon-neutral ways of doing business.”

An Insider's View of Ginnie Mae MBS

The Mortgage Dept., the Ministry of Housing...Fannie, Freddie, Ginnie, FHA, FHLB, VA...are political entities managed for political reasons, to effect public housing policy in a nationalized home loan market.

"So, it has reached the point where Washington is underwriting the majority of existing mortgage debt throughout the system and is now backing essentially the entire amount of net new mortgage Credit."
www.prudentbear.com/in...

As the CEO of Freddie Mac noted at the shareholders' meeting they are not managing the enterprise to achieve a profit, they are operating according to marching orders given by their controller to achieve public policy goals which involves employing capital that ensures loss instead of positive returns. That is easier rationalized and justified with other people's money in full faith and confidence that no one has, is or will pay any attention
and be penalized accordingly by the blind poetess of justice.