Higgenbotham wrote:Now I read that this week the US government will backstop the derivatives clearinghouses.[...]
I see no possibility at all that the US is going to recover - ever.
This probably makes my long term SLV options a bit safer.
I think the 50 states will have some hard times but then recover after the US Federal government is gone. With all those taxes and regulations gone, and some new more honest money, and serious competition between the states for investment and business, they will probably have high growth rates for some time.
In December, the leaders of Japan and China agreed to mutually promote direct trading between the two currencies based on market principles.viewtopic.php?f=14&t=2&p=4104&hilit=slowly+walking+out+the+door#p4105viewtopic.php?f=14&t=2&p=4059#p4059
The People's Bank of China said the move would help lower currency conversion costs and help facilitate bilateral trade and investment.
Japanese Finance Minister Jun Azumi told reporters that trading under a new regime will start in Tokyo and Shanghai on 1 June, according to Reuters News agency.
They can all push paper. We discussed in terms that stacking paper does not avert anything.
We also find out here how Wall Street professionals manipulated public opinion by buying off and/or intimidating experts in their respective fields. In one email made public in this document, a lobbyist for SIFMA, the Securities Industry and Financial Markets Association, tells a Goldman executive how to engage an expert who otherwise would go work for “our more powerful enemies,” i.e. would work with Overstock on the company’s lawsuit.
"He should be someone we can work with, especially if he sees that cooperation results in resources, both data and funding," the lobbyist writes, "while resistance results in isolation."
There are even more troubling passages, some of which should raise a few eyebrows, in light of former Goldman executive Greg Smith's recent public resignation, in which he complained that the firm routinely screwed its own clients and denigrated them (by calling them "Muppets," among other things).
Here, the plaintiff’s motion refers to an "exhibit 96,” which refers to “an email from [Goldman executive] John Masterson that sends nonpublic data concerning customer short positions in Overstock and four other hard-to-borrow stocks to Maverick Capital, a large hedge fund that sells stocks short.”
In other words, 107% of all Overstock shares available for trade were short
Things you can touch is a better play until the wipeout upcoming. No one has your back in .gov
- RUN you fools
"and where oh where did our little retail investors go?"
lol...not to the long side slaughter house.
Hannibal: And what did you see, Clarice? What did you see?
Clarice: Lambs... And they were screaming.
Hannibal: They were slaughtering the spring lambs? And they were screaming. And you ran away?
Clarice: No. First I tried to free them. I opened the gate to their pen, but they wouldn't run. They just stood there, confused. They wouldn't run.
Hannibal: But you could, and you did, didn't you?
Clarice: Yes. I took one lamb, and I ran away as fast as I could.
Hannibal: Where were you going, Clarice?
Clarice: I don't know. I didn't have any food, any water, and it was very cold, very cold. I thought if I could save just one, but... He was so heavy. He was so heavy. I didn't get more than a few miles when the sheriff's car picked me up. The rancher was so angry, he sent me to live at the Lutheran orphanage in Bozeman. I never saw the ranch again.
Hannibal: What became of your lamb, Clarice?
Clarice: They killed him.http://falkenblog.blogspot.com/2012/05/ ... dence.html
Retail are feed lot animals to be farmed and eaten. Wall Street has to cannibalize the weakest firms.http://www.youtube.com/watch?v=R4emJASI ... re=related
8:27http://www.pembina.com/pembina/webcms.n ... enDocument