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Latest | Highest ratedA Market with No Memory [View article]
Since "Value As You See Fit" Rules The Day In Accounting Now, Why should anyone worry "How Things Add Up"??
Ride The Wave Folks, Lunacy Has Longevity When The "Referee Is In On The Scam".
The Scam Will End When No One Can Be Found To Participate. (Remember The "Credit Crunch" where "Miraculously" no one wanted to lend to each other because of UNKNOWN EXPOSURE TO DERIVATIVE CONTRACTS. => Much Can Be FIXED By Fraud)
Arianna Huffington: New Media Outlets Must Prove Commitment to Truth [View article]
The Prudent Banker-Self Regulation Myth Lives On [View article]
Too Big To Fail Is A Fallacy.
America, The Nanny State [View article]
Yes these are "Dark Times".
Take Heart; The American "Ideal" of the founding principles are well "Publicized" around the world.
The principle that one OWNS - Themselves, The Fruits Of Their Labor, And Property will not be easily extinguished.
The World Loves America - Not So Much Its Governance.
Dark Times Will Come - It Is Unavoidable Because Of "Denial Within The Ranks Of Those With The Power To Change Course". Also true is that they will not last.
Wisdom is not the same as Knowledge. Lessons Forgotten may have to be relearned through hardship.
Education Is Never Ending.
On Nov 02 10:39 AM TeresaE wrote:
> Nice article Mr. Quinn.
>
> The past year I have came to the conclusion that we are FUBAR. Then
> I talked myself into believing that there were like-minded people
> and that even the ostriches would surely wake up as they watch their
> paychecks shrink and their CURRENT obligations grow.
>
> Nope. Isn't happening.
>
> No one wants to hear it, I'm losing friends and ostracizing family
> because I am "just a cynic." "Everything is fine, the economy is
> recovering, foreclosures aren't bad, unemployment is not bad and
> going on the food stamps is a-ok with me."
>
> We have begged our government to protect us from everything including
> ourselves. We say stupid things like, "the government can afford
> to..." without thinking that the money comes from US.
>
> We are now watching about five massive, societal changing bills that
> will suck a huge amount of money from our lives and we actually have
> the arrogance to think we make enough to afford the added costs.
>
>
> I think by the end of 2012 there will be millions of Americans living
> in dark houses, with little food. I know nearly no one believes
> this, but just WHERE will the money come from? We are competing
> with the third world for our jobs and somehow we believe that we
> will be paid MORE so that we can afford this mess?
>
> Good luck to us. I wish I had the ability to run away. Instead
> I just rob Peter to pay Paul to buy supplies and try to prepare for
> a nightmare I hope never happens.
>
> It sounds like your hope is as diminished as mine. Sad times.
America, The Nanny State [View article]
Have you researched The Repeal of Mark To Market in March 2009 and its EFFECTS on the market? How about "Derivatives" or "Securitized Investment Vehicles"; Neither of which has had resolution - Shadow Banking/Off Accounting Book Assets Still Live? Maybe you have done your homework on how the mandate of the "Presidents Working Group On Financial Markets" is carried out; Big influence in the markets at the moment.
You defame TeresaE without merit.
Life is not "Rosy All The Time". To Assume So Is Mentally Minuscule.
What say you about the influence of "Dark Pools" or "High Frequency Trading" or even the root of "Fractional Reserve Banking". Structure IS ALL IMPORTANT.
Functionality Derives From Structure.
There is more to know than can be know - The More You Know The Less Certain You Will Become.
Things are not well; to ignore "Situational Awareness" will result in dire consequence.
On Nov 02 07:21 PM GoldLovingPuppy wrote:
> Your are losing friends deary because most of the stuff that comes
> out of your mouth is absolute doomsayer rubbish. You make no sense
> most of the time. You cry and whine on most posts with very little
> constructive input to the various topics. Your husband is obvioulsy
> holding out on you (and who could blame him if he has to listen to
> you all the time.) to give you the demeanor you have in life. <br/>
>
> Goldey
America, The Nanny State [View article]
Promoting the general welfare through SUBJUGATION, at the expense of liberty, DOES NOT secure the blessings of liberty.
I do not want to live in a society where we are "All Equally Miserable" no matter the effort expended to remedy uncomfortable situations.
Money Achieved Without Effort Is Usually Spent Foolishly.
Taxing is Effortless; Just look at the Hillary Clinton quote of recent days. => "The percentage of taxes on GDP (in Pakistan) is among the lowest in the world... We (the United States) tax everything that moves and doesn't move, and that's not what we see in Pakistan."
On Nov 02 02:32 PM joebaggadonuts wrote:
> OK, so here's my contribution toward freedom.
>
> Federal Military Budget: 663 Billion. It's not on your charts. <br/>en.wikipedia.org/wiki/...
>
>
> You quoted some significant documents about America, but you forgot
> the most important one. The preamble to the Constitution:
> We the people of the United States, in order to form a more perfect
> union, establish justice, insure domestic tranquility, provide for
> the common defense, promote the general welfare, and secure the blessings
> of liberty to ourselves and our posterity, do ordain and establish
> this Constitution for the United States of America.
>
> Where do you figure that Constitutional America would be without
> "...promote(ing) the general welfare, and secure(ing) the blessings
> of liberty to ourselves and our posterity, ".
> www.law.cornell.edu/co...
>
>
> Call it Socialism if you want, but it only shows your ignorance.
> Hiding behind figures and charts shows only that you know how to
> Bullsh1t.
America, The Nanny State [View article]
Governments Never Fail Without Catastrophic Restructuring.
I just want the ref to call a good game not join the other side.
America, The Nanny State [View article]
> Why is this embarrassingly one sided political theater art being
> promoted by the editors of SA? This is for Digg.
Because, Finance And Banking Have Become Governmental Subsidies And Truly Free Market Practices Are Illusory In The Current Environment.
You Better Pay Attention To What IS Happening In DC Or You Will Suffer The Consequences.
Money made is not immune to De-valuation by reckless governmental policy.
To Assume Benevolence Is Foolish.
Capitalism, Socialism and Fascism [View instapost]
Complexity Favors The Sinister.
Who Were the Winners on Interest-Rate Swaps? [View article]
Choose Substance Over Symbolism.
What About "Event and Incident" Makes The Testimony Of An Angry Persona Untrue ???
Gold Loving Puppy => How does apearance factor in to Validity?? Do Not Be Mentally Minuscule.
All Information Is Filtered Through Others. You should be grateful there is discussion of the "Derivatives Market" At All. Without discussion it will never be fixed.
Stifling A "Position" By Insolence, Is Not Furthering Knowledge Nor Understanding.
Where's the Outrage at the Banks? [View article]
There is no "Single Source" for Catastrophe; There are multiple "Contributing Factors".
Yes, generality covers it all but does not "Identify Alterable Metrics".
Money Knows No Political Boundaries. What Is "Said" Is More Important Than The Source; If It Is Validity Is More Than Just Association.
Beware taking information from only sources with vested interest in "Soothing Bad Metrics". The Presidents Working Group On Financial Markets Has "Functional Arms" With Great Influence. Goldman Sacs - Just so happens that most of the US Treasury's top personnel have ties to them - JP Morgan, Morgan Stanly, and the "Too Big To Fail" crowd would be worth your investigative time to see the connectivity. Throw in "Campaign Contributions" and the "Money Circles" become more apparent.
The More You Know The Less Certain You Will Become.
Debate Is The Distillation Of Reality.
Reality Will Be Reality Whether Believed In Or Not.
On Oct 25 01:34 PM Midwest wrote:
> No Sympathy has his facts skewed.
>
> The rant is more RNC talking points but it conveniently fails to
> embrace the harsh reality of the report created by the Bush Administration's
> "President's Working Group on Financial Markets" in 2007, which clearly
> and decidedly puts the blame of the mortgage meltdown on greed over
> laws supposedly "forcing" lenders to give money to the unqualified.
>
>
> Try to get beyond Newsmax and Fox before spewing more completely
> discounted "facts". Greed and horrifically bad government oversight
> allowed this to happen.
>
> www.mcclatchydc.com/25...
>
> Sincerely,
> One Mad As Hell Former Reagan Republican
Who Thinks This Recession Is Over? [View article]
How Blurry The Picture Has Become.
Who Thinks This Recession Is Over? [View article]
However, The Imbalance Is Growing For Those Without The Luxury.
The "Leaders" have gone "All In" around the globe and have no choice but to "Protect At ALL COSTS" the systems that support their life style. One Last Hurrah => It Seems To Me. By The Fear Of "Reality" the Statisticians, Politicians, And Money Masters Must Continue The Ruse Or See Devastation.
With The Collusion Of International/Large Corporate Media The True State Is "Made Fuzzy" In The Hope That "Things Will Just Work Out".
Through Mismanagement and Centralization The Wealth Of Future Generations Has Been Squandered while The Roots Of Calamity (Shadow Banking, Off Accounting Book Assets, Mark To Myth, Complexity, Too Big To Fail, and The Purchase Of "Representatives") Has Not Been Addressed Let Alone Discussed In Detail by The "Regulatory/Governmental" Bodies.
No The Recession Is Not Over - Band-Aids To Not Cure Gaping Wounds.
We are going to see a "Do Over" by "Universal Force" or Remedy => which seems more likely with the current "Leadership".
Driving The Ship With Patsies Is Easy In Calm Waters; Does It Feel Like Calm Water To Anyone?
Consider The Constitution A "Beacon" In Dark Times. Anyone Advocating A Return Toward Its Founding Principles Is An Ally.
Credit Card Companies Gone Wild and Other Economic Happenings [View article]
"Value" Does Not Change With Inflation/Deflation - Only The "Exchange Rates" Do.
"Tangibility" Is The Best Strategy In Uncertain Times.
CC companies are preparing for Amazing Losses and attempting to limit their exposure when the "Governmental Free Money Salve" Wears Off.
Nothing Is The Same Forever Unless Balance And Sustainability Are Reached.
How "Balanced" Is A System That Ignores Accountability and Accounting ???
Who Were the Winners on Interest-Rate Swaps? [View article]
Thanks for discussing "Interest Rate Derivatives". More - Who Cares The Casualties, We Got The Fees - "Financial Engineering" Abused By The "Too Big To Fail".
To Add Another Level Of "Conflict Of Interest" - JP Morgan IS One Of The Functional Arms Of The Presidents Working Group On Financial Markets. Result - Insider Information AND Back Door Capital When "Calamity" Is Detected.
How Nice To Be Under The Protection Of The - GMob. You Can Do No Wrong. If Reprimand Is Presented, The Effectiveness Of The "Market Lever" Is Reduced; Guess The Outcome.
Que Bono; Follow The Money => Reveals Much.