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PainfullyAware

PainfullyAware
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  • Weisel Accused of Fraud [View article]
    Auction Rate Securities => Financial Engineering Hot Potato Game.

    Get 3 Or More Involved And As long as you can "Pass The Scalding Tater", Skim Fees, and Sell Just A Wee Bit Higher => The Magic Money Fountain Flows For All; Until It Does Not.

    A Lack Of Participants => Someone Gets Burned.

    I guess if your Biz Model is "Shuffle For Fees Trading", rather than actual purchase of instruments, Who Cares Who Gets Cooked.

    Oh Yes, The Tax Payer Comes To The Rescue. (when will this policy change???)

    Auction Rate Securities, as well as the other similar forms of "Financial Engineering", Must Be Eliminated.
    May 19 04:35 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    The Google accusations seem, to me, to be motivated by "Control Aspects Within Government".

    There have been many articles about Google And Governments having "Privacy Conflicts".

    Wireless snooping on unsecured networks is just "Bad Form". If it was active "Hacking" that would be different.

    Google is not just a Company => It Is The Search ALGORITHM That Is The Real Value. Its Efficiency Is Rarely Rivaled.

    Having the FTC involved in the "Investigation" is suspect because of the recent "New Powers To Be Granted" in the "House Financial Reform Bill" that recently passed Concerning Web/Internet Providers.

    www.washingtonpost.com...

    From An Unethical Point Of View: Would It Not Be Nice To "Silence The Opposition" Before They Post; Or Punish Dissenters With "Compliance And Fines" ???
    May 18 09:39 AM | 3 Likes Like |Link to Comment
  • Why We Don't Need Central Banks [View article]
    Where do you think the money came from to "Corrupt" the Politicians ???

    How many Lobbyists are "Influencing" Financial/Political Reform ???

    Evil Always Seeks The Center Of Power.

    Decentralization Is The Key To Limiting Its Resources.
    May 17 07:14 PM | 5 Likes Like |Link to Comment
  • Geithner Allowed CDS 'Kiting' on Wall Street [View article]
    .....And The Shell Game Money Shuffle Continues.

    If Accounting and Deadline are not rigid, then how is there any real "Structure" ???
    May 17 06:59 PM | 4 Likes Like |Link to Comment
  • How Much Did the Stimulus Contribute to Growth? [View article]
    Robbing The Future To Soothe The Present Will Have A Dire Effect Later.

    I am not sure that I would "Place All My Faith" in the Goldman view. Where you "Draw The Lines" determines perception.

    Most of the "Stimulus" was, and will be, "Devoured By Bureaucracy".

    As Ancillary, and not all that directly related, information; Interesting Goldman ties to Washington DC:
    seminal.firedoglake.co...

    The Worst Is Yet To Come.
    May 16 07:03 AM | 7 Likes Like |Link to Comment
  • Uncertainty on the Streets [View article]
    Excellent As Usual Steven Hansen.

    450,000+ per week "Initial Unemployment Claims" Is Still Disconcerting To Me.

    The Secondary Effects On Tax Revenues, Government Expenditure, and general Velocity Of Money within the "Real Economy", will surely continue to be evident.

    Bank of Japan and Bank of Canada getting in on the "Sweet Deal" of The Federal Reserve "Magic Money Fountain" seems very "Under The Radar" using the European Headlines as "Cover".

    Federal Reserve "Deals" With Foreign Entities Should Have Audits And Accountability, at least, To The US Government; The Sanders Amendment Gutted This Component Of The Ron Paul Audit Language.

    I wonder, if the Venetians in the 1340s had had a "Federal Reserve Type Printing Press", would King Edward III have been "Unsuccessful In Dominoes" ??? (maybe, but eventually Scale and Magnitude become detriments)

    Financial Engineering And Derivatives May Be An Older Concept Than One Might Think.
    May 16 06:40 AM | 9 Likes Like |Link to Comment
  • The Gold Rally in Perspective [View article]
    I agree with John.

    Although I would guess a low probability to pull back to around $1100.00; How long can the "Powers That Be" keep up "The Jedi Mind Trick" on the "Willingly Ignorant". (The future is not set; many pieces are moving)

    Gold is the "Societal Linus Blanket"; A Perceived, If Not true, Security.

    In our "Done Been Scared To Death Too Long State" of constant "Fear and Worry Bombardment"; I think the move up will be less of a rate of rise than the "Gold Rush Of The Late 70's".

    Unless Something REALLY CRAZY Takes Place.

    If "Unwinding By Calamity" Occurs, The Next "Gold Rush" Will Make All Others "Pale In Comparison".
    May 16 05:50 AM | 11 Likes Like |Link to Comment
  • Greece may take legal actions against U.S. investment banks that might have contributed to the country's crisis, says PM Papandreou. In the U.S. financial sector, "I hear the words fraud and lack of transparency. So yes, yes, there is great responsibility here.”  [View news story]
    This may signal the beginning of "Turning On The Inner Circle".

    Evil always seeks the "Center Of Power".

    Evil always has two enemies; Good and Other Evil.

    When "Instability or Blame" Begins, Evil Seeks To "Throw Others To The Lions"; the "Fill The Bellies Before They Get To Me", type of attitude.

    Lets Hope That In The Viewing Of The "Tantrum About To Occur", That We Get A "Window" Into The "Standard Operational Procedure" For Level 3 Assets And Their Functions In Concealing Fraudulent Behavior.

    Are We Going To Have A "1340s King Edward III of England" Moment ???

    This "Two Sets Of Books" Stuff Is Nefarious In Nature And Concept.
    May 16 05:23 AM | 1 Like Like |Link to Comment
  • This Is What Is Missing From Rating Agency Reform [View article]
    It seems to me as if the Senate has "Gotten A Better Lobby Deal" than the House.

    Can't touch the "Too Big To Fail" size issue, A Minimal Audit Of The Fed, Protecting the "Ratings Agencies" => This Is Not Reform !!!

    I hope the House gets another "Appeal" before this Crap becomes law and all the "Sell Outs" get to claim "We Have Moved Forward With Broad Financial Reform". (Then nothing changes except the complexity of the bureaucracy.)

    At Their Own Peril Will They Ignore True Reform; Hungry Uncomfortable People Are Not So Easily Placated With Platitudes.
    May 15 05:03 AM | Likes Like |Link to Comment
  • Bank Failure Friday: Four More Banks Down [View article]
    The FDIC is literally the "King Makers" when they "Partner" with the "Asset Managers" to liquidate banks. Great Gig If You Can Get It.

    I wonder if the "Assuming Institutions" used TARP Funds to make the Deal, as others have, Or might they have just went with a Federal Reserve "Loan"; Great Rates If You Can Get It.

    The "Scrubbing Clean" Of The Small Continues.
    May 15 04:22 AM | 3 Likes Like |Link to Comment
  • Banks: It's All Political Now [View article]
    Fascism, Socialism => A Mess, By Any Other Name.
    May 14 07:43 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Convent that we have the "Worst Oil Disaster" concurrent with "Financial Reform Debate".

    Which one do you think more people are paying attention to ???
    May 14 07:06 PM | 1 Like Like |Link to Comment
  • Banks: It's All Political Now [View article]
    That Is A Telling Graph. Bummer.

    I hope we deal with Fascism better than 1940 Germany did.

    Pray The FTC Does Not Destroy The Information Conduit The Internet Has Become.

    The Wrath Of Patient People Is Orders Of Magnitude Greater Than The Impetuous.
    May 14 04:17 AM | 4 Likes Like |Link to Comment
  • Unfavorable Economic Reports Not Hard to Believe [View article]
    That Which Is Coming, Will Amaze All And Frighten Many

    When Will It Stop.
    www.theonion.com/video.../
    May 14 04:06 AM | 1 Like Like |Link to Comment
  • Americans Have Lost Faith in Wall Street [View article]
    The "Money Masters" Are Aware Of The Growing Distrust.

    INTERPOL Free to do thy bidding on American Soil ?!?!?!
    www.whitehouse.gov/the...

    Obama Executive Order -- Amending Executive Order 12425 December 16, 2009.

    DESIGNATING INTERPOL AS A PUBLIC INTERNATIONAL ORGANIZATION ENTITLED TO ENJOY CERTAIN PRIVILEGES, EXEMPTIONS, AND IMMUNITIES

    Original Executive Order 12425 of June 16, 1983 Reagan
    en.wikisource.org/wiki...

    As of Oct 1 2008, The mission for 3rd Armor division in the pacific northwest and 3rd infantry division in Georgia is "Riot Control".

    VERY Interesting Times.
    May 14 03:39 AM | Likes Like |Link to Comment
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