|
|
| Page 1, 2, 3, 4, 5, 6 |
The FED in all out panic mode now
|
RHSC
User ID: 461218
7/25/2008 1:08 AM | | Re: The FED in all out panic mode now | Quote |
LESTER SEZ:
There is no more wealth creation going on in terms of business activity. No mining, timbering, steel-making, because EPA regs hobbled the industries.
So all your yammering and you throw in a gem like this. You've learned disinformation techniques. Say what the people want to hear and then your pet issue mixed in is ingested as well by the low IQ set.
Look sucker we don't need to destroy the environment because some Neocons decided to loot the country.
They'll just loot the environment if we let them!
You CANNOT be trusted to think clearly.
You are RIGHT WING. That's not what America needs right now. Quoting: Anonymous Coward 419558
Right wing? You really don't get it, do you?!?
The environment has already been looted, noob. Now they are working on killing off the poor in 3rd world countries (thru excessive debt and starvation) so they can take what is left in those places.
Everything else is locked up so tight your butt will whistle when you fart.
All of what made the USA independent is gone. It's been sold off for scrap, or locked up by the corporations and the multi-nationals. This is a new kind of socialism...take from the poor and give to the rich.
Damned CORPORATISM/globalism.
These days, we manufacture very little. Our plants and steel mills are being sold off for scrap. Our highways and byways are being sold to the highest foreign bidder and we will pay tribute to them via tolls.
Our small farmers have been bought out and/or forced out by BigAg. BigAg uses chemicals to grow your food. BigAg uses MONSANTO for seed. BigAg wastes fresh water. BigAg pollutes.
CORPORATIONS own you. You own nothing. You ARE nothing. If you don't contribute to the corporation's bottom line, you are expendable. And that is exactly Lester's point.
This all has been part of a grand 60-year plan. The USA will be be broken up and sold off to the highest bidder/bankster. Most of what has happened is the result of INSIDER efforts to destroy us. And they have succeeded.
BigAg will stop producing food if their bottom line is compromised. Pay attention, take heed. Take care of your family. That's is Lester's message.
Here is the full text of an article published in the United States Bankers' Magazine in 1892. It was recently re-published in the New Era and in the Social Crediter, where we took it:
“We must go forward cautiously and consolidate each acquired position, because already the inferior social stratum of society is giving unceasing signs of agitation.
“Therefore, prudence dictates to us a line of conduct that seems to give in to the will of the people, until the execution of our plans be well-enough established for us to be able to declare our intentions without having to fear any organized resistance.
“Our confidence men shall have to closely watch the Farmers Alliance and the Knights of Work, and take steps immediately, either to control both associations in accordance with our interests, or to break them.
“Our men will have to attend the Convention that will be held in Omaha on the 4th of July, and be in charge of all activities. Otherwise, this Convention could muster such an antagonism to our plans that we would have to resort to force to overcome it.
Now, at the present time, using violence would be premature. We are not yet ready to confront such an assault. Money must first of all seek maximum protection in schemes and in legislation.
“Let us make use of the courts. Let us go forward as fast as possible at perceiving debts, at foreclosing (depriving of recourse to justice when a certain time limit has been transgressed) on debentures and mortgages.
“When, through the law's intervention, the common people shall have lost their homes, they will be more easy to control and more easy to govern, and they shall not be able to resist the strong hand of the Government acting in accordance with the orders of the central power of imperial wealth, under the control of the leaders of finance.
“Our top leaders are perfectly aware of the truth. They are presently working at establishing an imperialism of the capital to rule the world. But while they are implementing this plan, they must keep the people busy with political antagonisms.
“We'll therefore speed up the question of reform in the custom rates by the political organization called the Democratic Party; and we'll put the spotlight on the question of protection and of the reciprocity by the Republican Party.
“By dividing the electorate this way, we'll be able to have them spend their energies at struggling amongst themselves on questions that, for us, have no importance whatsoever, and on which we only touch upon as instructors of the common flock.
“It is thus that, through discreet acts, we can maintain what was so generously projected and executed with such a remarkable success.” [link to www.michaeljournal.org]
The game has been "on" for a very long time, and the banksters are still playing it. |
|
Flyboy
User ID: 473087
7/25/2008 1:13 AM | | Re: The FED in all out panic mode now | Quote |
Sorry about this Loosecannon, but i am going to have to push the "abort" button on your post. |
|
Anonymous Coward
User ID: 363893
7/25/2008 1:20 AM | | Re: The FED in all out panic mode now | Quote |
Omega, why do you think that the Federal Reserve is crapping their pants? Unlike you, the people who run the Fed have something called a college education. Relax. They know what they are doing.
a college education won't bail out the economy. it'll help prove we are doomed if anything. Quoting: BriGuy
Let's not be thick headed forever, it's these college educated pricks that got us in this mess to begin with. I'll take a person with wisdom any day. |
|
Anonymous Coward
User ID: 472799
7/25/2008 1:37 AM | | Re: The FED in all out panic mode now | Quote |
The pigmen shit their pants and put this out late day in a lame effort to jam the stock market.....ain't gonna work fella's....
No the fed just understands the real situation (and you have no clue) and is getting downright creative in trying to manufacture a solution scenario within their powers.
The basic premise is right on. couple equity holders with equity poor enterprises. Shore up cash poor banks and hope that a recovery can be manufactured.
That's econ 102.
The bigger pic is of course that the Fed is creatively trying to avert a runaway contraction fueled by a credit collapse that it doesn't have the means to suppress.
You interpret every event from a chicken crossing the road to a red light at an intersection as another precursor of doom, so naturally your opinion is useless. Quoting: loosecannon
WOW duel personality much? Must get crowded and confusing in there. |
|
Lester 
User ID: 472797
7/25/2008 1:56 AM | | Re: The FED in all out panic mode now | Quote |
There is no more wealth creation going on in terms of business activity. No mining, timbering, steel-making, because EPA regs hobbled the industries.
So all your yammering and you throw in a gem like this. You've learned disinformation techniques. Say what the people want to hear and then your pet issue mixed in is ingested as well by the low IQ set.
Look sucker we don't need to destroy the environment because some Neocons decided to loot the country.
They'll just loot the environment if we let them!
You CANNOT be trusted to think clearly.
You are RIGHT WING. That's not what America needs right now. Quoting: Anonymous Coward 419558
"Can't think clearly"?
Right now, I am fitting a Kart .45acp barrel & bushing NM set to a pistol. My second w/Kart setup. Wow, are they ever accurate!
WEALTH is a concept too few have can grasp. It results from the production of raw materials, fabrication of materials into product, and conception & birthing of ideas which result in more production, and farming; those are the only means by which WEALTH is created.
Think it is by chance that spotted owl, pigmy mice, darter snails and other silly concepts of "preservation" have done their Large Contribution towards derailing America?
Nobody "loots" the environment, unless it is the Fascist Govt which TPTB setup to oversee the final looting of our Nation. Private property is private property; or should be. Been a long time since it was, if there are valuable natural assets upon it.
Any "clear thinking" motherfuckers that try to extort property from me or my family under their "democratic decisionmaking process" will not get far.
If anyone has bought the lies, hook, line & sinker, it is an asshole who thinks people who own valuable property can't discern how to use it correctly.
America was set upon this course before the Civil War. It is a multi-generational effort to rob US blind and then dispose of those unnecessaries that may remain.
You think any fuckup like this could be made in private business by accident? All the fraud and sabotage was just happenstance? Well, you already bought the Brooklyn Bridge, dumbass. You will finish paying for it with you life and those of your family members. Too bad your spouse wasn't a bit more discerning.... |
|
tosspot
User ID: 472746
7/25/2008 2:05 AM | | Re: The FED in all out panic mode now | Quote |
John Stewart said this morning that he didn’t want to drip feed the provisions out over several years as the truth about the situation in the US unfolds; far better, he says, to take it all now and move on.
[ link to www.businessspectator.com.au]
I think this could gain traction because they know it's going to collapse and the longer they let it linger or the more they fiddle the harder it's going to be to recover. Backs are to the wall for the economy and National Australia Bank.
If they let it all burn now they can sift threw the ashes and recover the ones that deserve it hopefully based on merit (let me Dream)
Excuse the writing style but unlike some of us that get to sleep in until 5:30am and have nanna naps in the afternoons, the rest of us start a little earlier. (directed at omega) |
|
Anonymous Coward
User ID: 473158
7/25/2008 2:19 AM | | Re: The FED in all out panic mode now | Quote |
BIG RALLY TOMORROW! |
|
Anonymous Coward
User ID: 473161
7/25/2008 2:29 AM | | Re: The FED in all out panic mode now | Quote |
BIG RALLY TOMORROW! Quoting: Anonymous Coward 473158
 |
|
Anonymous Coward
User ID: 473162
7/25/2008 2:33 AM | | Re: The FED in all out panic mode now | Quote |
Omega, why do you think that the Federal Reserve is crapping their pants? Unlike you, the people who run the Fed have something called a college education. Relax. They know what they are doing. Quoting: Anonymous Coward 472760
Said the spider to the fly. |
|
Anonymous Coward
User ID: 473167
7/25/2008 2:54 AM | | Re: The FED in all out panic mode now | Quote |
The pigmen shit their pants and put this out late day in a lame effort to jam the stock market.....ain't gonna work fella's....
No the fed just understands the real situation (and you have no clue) and is getting downright creative in trying to manufacture a solution scenario within their powers.
The basic premise is right on. couple equity holders with equity poor enterprises. Shore up cash poor banks and hope that a recovery can be manufactured.
That's econ 102.
The bigger pic is of course that the Fed is creatively trying to avert a runaway contraction fueled by a credit collapse that it doesn't have the means to suppress.
You interpret every event from a chicken crossing the road to a red light at an intersection as another precursor of doom, so naturally your opinion is useless. Quoting: loosecannon
Straight up.
Bottom line: Dollar falls, every other currency falls.
Throw the whole world into bankruptcy.
Deflationary Depression, cash is king, becomes actual commodity in short term.
Get out of debt, sell your gold and store your cash. |
|
Anonymous Coward
User ID: 472549
7/25/2008 4:15 AM | | Re: The FED in all out panic mode now | Quote |
our economy and planet are being strip-mined by inhumans |
|
Skeptical Believer
User ID: 473192
7/25/2008 4:41 AM
 | | Re: The FED in all out panic mode now | Quote |
I don't know about the fed but Omega sure has a freakin bad ass avatar!
Wish that they'd swoop down in the country lane late at night when I'm driving.
Take me onboard their beautiful ship show me the weird world as I'd love to see it. |
|
Anonymous Coward
User ID: 114203
7/25/2008 5:14 AM | | Re: The FED in all out panic mode now | Quote |
why dont they just print more dollars to pay for this???? |
|
CountryJoe
down a long dirt road is my domain
User ID: 447201
7/25/2008 5:52 AM
 | | Re: The FED in all out panic mode now | Quote |
why dont they just print more dollars to pay for this???? Quoting: Anonymous Coward 114203
that's part of the reason "they" are in trouble now..."money for nothing..but the chicks ain't free.."
Each of us-
A cell of awareness-
Imperfect and incomplete.
Genetic blends
With uncertain ends
On a fortune hunt that's far too fleet.
IM @ AIM: country12965
Yahoo: JoeSicspak |
|
Anonymous Coward
User ID: 472760
7/25/2008 5:55 AM | | Re: The FED in all out panic mode now | Quote |
But why do you goons think the Fed is panicking? Why would the Fed be panicking??? They know exactly what they are doing. The Fed has deliberately engineering the downturn of the worlds former greatest economic power. Why would they panic know they have nearly achieved their goal? Its goons like Omega who will never get the big picture no matter how hard he tries. |
|
Anonymous Coward
User ID: 114203
7/25/2008 6:17 AM | | Re: The FED in all out panic mode now | Quote |
why dont they just print more dollars to pay for this????
that's part of the reason "they" are in trouble now..."money for nothing..but the chicks ain't free.." Quoting: CountryJoe
thanx,but it was a rhetorical question |
|
Anonymous Coward
User ID: 357529
7/25/2008 7:47 AM | | Re: The FED in all out panic mode now | Quote |
:doom: |
|
Saiyan Ape Darkside
User ID: 455445
7/25/2008 7:48 AM | | Re: The FED in all out panic mode now | Quote |
[link to www.newsinferno.com]
New York AG Close to Filing Suit Against USB Over Auction Rate Securities
Date Published: Wednesday, July 23rd, 2008
The New York State Office of Attorney General is said to be close to filing a civil lawsuit against USB AG for its handling of auction rate securities. Massachusetts regulators had already filed suit against the investment bank over the same issue in June.
Auction rate securities are long-term corporate bonds, municipal bonds and preferred stock on which the interest rates are reset periodically based on bids submitted through securities firms. Generally, rates are reset every seven, 14, 28 or 35 days. Because they can be sold during weekly or monthly auctions, banks and brokerages often touted auction rate securities as short-term investments or cash equivalents.
Unfortunately, because of the crisis in the credit markets, auctions of these securities haven’t been successful because of worries that bond insurers guaranteeing many of the $330 billion in outstanding auction bonds would be downgraded. Bloomberg.com has also reported that brokers such as Goldman Sachs Group Inc. and Citigroup Inc. also purposely permitted the auctions for preferred securities, which aren’t insured, to fail by not committing their own capital to sales when there weren’t enough bidders. As a result, the market for auction rate bonds has pretty much vanished, leaving a lot of investors holding auction rate securities they once thought were safe vehicles with no way to sell them.
New York is investigating USB and other investment banks to see if they told investors that auction rates securities could become illiquid. USB clients hold about $25 billion worth of auction rate securities.
According to The Wall Street Journal, the New York auction rate securities lawsuit could include allegations of malfeasance by senior UBS executives. Because UBS’s trading operations for auction rate securities are based in New York, the New York lawsuit could seek a broad resolution for UBS auction rate clients nationwide.
According to The Wall Street Journal, the New York attorney general’s office has now subpoenaed 30 entities and 100 individuals, seeking information about the sales of auction rate securities. Among those subpoenaed are Citigroup Inc., Merrill Lynch & Co., J.P. Morgan Chase & Co. and Goldman Sachs Group, Inc., and high-ranking executives at various firms as well as heads of municipal-bond desks, risk managers, financial advisors and others.
Last week, under pressure from regulators, USB agreed to repurchase up to $3.5 billion of tax-exempt auction-rate securities from clients, package them and sell new debt backed by those securities to money-market funds. USB also settled in May with the Massachusetts attorney general’s office and agreed to return $37 million to the Massachusetts Turnpike Authority and 17 municipalities that invested in auction rate securities. They were not permissible investments under the municipalities’ official investment mandates.
This entry was posted on Wednesday, July 23rd, 2008 at 11:04 am and is filed under Legal News, Stock Fraud.
You can leave a response, or trackback from your own site. |
|
Jenn++
User ID: 144626
7/25/2008 8:09 AM | | Re: The FED in all out panic mode now | Quote |
Straight up.
Get out of debt, sell your gold and store your cash. Quoting: Anonymous Coward 473167
I'll be storing dollars in cash for spare toilet paper as I spend my Mercury dimes and silver eagles on goods and services in the future.
Besides, even if the dollar was worth something, simply saving it under your mattress means it will continue to lose value to inflation.
I paid all the penalties and pulled all my CD's and IRA's out of the bank and purchased precious metals late last year and so far it's return is 71% in 8 months.
Got Silver? |
|
Jenn++
User ID: 144626
7/25/2008 8:19 AM | | Re: The FED in all out panic mode now | Quote |
why dont they just print more dollars to pay for this???? Quoting: Anonymous Coward 114203
Printing more dollars is exactly what causes inflation.
Soon, the Federal Reserve balance sheet will be zero. Repeat, soon the Federal Reserve balance sheet will be zero. The Federal Reserve balance sheet was somewhere over 800 billion before this mess started. Then they started lending it out to all the banks that made bad investment decisions and all the crooks on Wall Street that sold packaged junk bonds rated AAA.
I predict the grandest bailouts of bailouts, as the Federal Reserve will use all their junk bonds to collateralize a trillion dollar loan from the US Govt.
<joke>
Prepare to offshore the printing presses for a massive increase in production of dollars.
</joke> |
|
tosspot
User ID: 472746
7/25/2008 8:55 AM | | Re: The FED in all out panic mode now | Quote |
why dont they just print more dollars to pay for this????
Printing more dollars is exactly what causes inflation.
Soon, the Federal Reserve balance sheet will be zero. Repeat, soon the Federal Reserve balance sheet will be zero. The Federal Reserve balance sheet was somewhere over 800 billion before this mess started. Then they started lending it out to all the banks that made bad investment decisions and all the crooks on Wall Street that sold packaged junk bonds rated AAA.
I predict the grandest bailouts of bailouts, as the Federal Reserve will use all their junk bonds to collateralize a trillion dollar loan from the US Govt.
<joke>
Prepare to offshore the printing presses for a massive increase in production of dollars.
</joke> Quoting: Jenn++ 144626
One thing with dealing with cash in tough times is to watch out for counterfeit currency. If their is enough in circulation this will also devalue a currency heavily but that is another topic. |
|
dabru
User ID: 426909
7/25/2008 10:26 AM | | Re: The FED in all out panic mode now | Quote |
Exactly. Yes I read what I could of the bill before my eyes glazed over and I had to smoke some weed,lol..... Quoting: Omega
I guess this explains the source of your extreme paranoia. |
|
a passing cloud
User ID: 222706
7/25/2008 10:30 AM | | Re: The FED in all out panic mode now | Quote |
the market, as i would have thought, did not give a shit about NAB's writedown. it's up 81 points....
la dee da dee da..... 
NO TRIGGER, NO COLLAPSE.  |
|
Omega
Total Unequivocal Bad Fuckin' News
User ID: 340280
7/25/2008 10:51 AM
 | | Re: The FED in all out panic mode now | Quote |
Exactly. Yes I read what I could of the bill before my eyes glazed over and I had to smoke some weed,lol.....
I guess this explains the source of your extreme paranoia. Quoting: dabru 426909
Pffft. I see you know nothing of the subject.
Sativa variants can cause paranoia. Indica variants relax and can serve as a muscle relaxant and pain reliever. I use indica variants occasionally for pain management, as I broke my back years ago and had 3 back surgeries and have metal in my back. If I overdo it in the garden that can cause a pain issue, so I self medicate.
Satisfied???
Yahoo IM omega375hh |
|
AC
User ID: 357775
7/25/2008 11:02 AM | | Re: The FED in all out panic mode now | Quote |
I have a question because these discussions sometimes requires finance saviness that I don't possess. here is the situation I don't get, not being a US citizen.
Difficult to understand why the general population is in so much trouble. Did you guys just spend like there is no tomorrow? General tendency in the country where I live is you don't spend money you do not have. Only exception for mortgaging your house.
When paying trips to the US for work I always have difficult debates with US collegues who have loans for everything with low interest on the loan. They are amazed about our "naive" way of live (dutch) but not overspend cause you cant afford.
What happened? How can you spend so much, knowing that you even have difficulty coughing up the interest? I don't get it...
Omega, your insights arevery informative at this forum, even for a financial non savvy guy... |
|
Anonymous Coward
User ID: 473298
7/25/2008 11:02 AM | | Re: The FED in all out panic mode now | Quote |
Exactly. Yes I read what I could of the bill before my eyes glazed over and I had to smoke some weed,lol.....
I guess this explains the source of your extreme paranoia.
Pffft. I see you know nothing of the subject.
Sativa variants can cause paranoia. Indica variants relax and can serve as a muscle relaxant and pain reliever. I use indica variants occasionally for pain management, as I broke my back years ago and had 3 back surgeries and have metal in my back. If I overdo it in the garden that can cause a pain issue, so I self medicate.
Satisfied??? Quoting: Omega
!!!!LOSER ALERT!!!! |
|
tosspot
User ID: 472746
7/25/2008 11:06 AM | | Re: The FED in all out panic mode now | Quote |
the market, as i would have thought, did not give a shit about NAB's writedown. it's up 81 points....
la dee da dee da.....
NO TRIGGER, NO COLLAPSE.
and nor should the market (pissy little oz bank on the international market). but because nab had to fess up there are questions being asked of the other oz banks excluding possibly the cba. This may cause problems if the other oz banks are heavily exposed and a combined loss will cause problems. link to The Australian article [link to www.theaustralian.news.com.au] |
|
Anonymous Coward
User ID: 458746
7/25/2008 11:35 AM | | Re: The FED in all out panic mode now | Quote |
I have a question because these discussions sometimes requires finance saviness that I don't possess. here is the situation I don't get, not being a US citizen.
Difficult to understand why the general population is in so much trouble. Did you guys just spend like there is no tomorrow? General tendency in the country where I live is you don't spend money you do not have. Only exception for mortgaging your house.
When paying trips to the US for work I always have difficult debates with US collegues who have loans for everything with low interest on the loan. They are amazed about our "naive" way of live (dutch) but not overspend cause you cant afford.
What happened? How can you spend so much, knowing that you even have difficulty coughing up the interest? I don't get it...
Omega, your insights arevery informative at this forum, even for a financial non savvy guy... Quoting: AC 357775
Yes!! Lots of people have spent like there is no tommorow. They finance their house, their vehicles, then run up credit cards, then take out another loan on the equity in their home to pay down the cards so they can run them up again! Lots of people accumulated debt, thinking they could use the equity in their home to pay it off. They made a bet that the house would continue to increase in value, and they could sell it and make a "profit." They didn't anticipate their houses losing value instead, so that they could not pay off their debt by borrowing against its value. That's how we have such a massive amount of debt in this country. What makes me mad is, we are a pay-as-you-go family and only our house is financed, yet we will suffer from other people's stupidity and greediness. While we live well withit our means, and rather simply by modern standards, all those knuckleheads are driving around in nice new cars, watching plasma TV's, have closets full of clothes and are whining about how the government needs to step in and save them from the mess they created. Hello!!??
Yeah, if you are one of those "retail therapy" types that are now getting delinquency notices, I AM talking to you.  |
|
tosspot
User ID: 472746
7/25/2008 11:45 AM | | Re: The FED in all out panic mode now | Quote |
I have a question because these discussions sometimes requires finance saviness that I don't possess. here is the situation I don't get, not being a US citizen.
Difficult to understand why the general population is in so much trouble. Did you guys just spend like there is no tomorrow? General tendency in the country where I live is you don't spend money you do not have. Only exception for mortgaging your house.
When paying trips to the US for work I always have difficult debates with US collegues who have loans for everything with low interest on the loan. They are amazed about our "naive" way of live (dutch) but not overspend cause you cant afford.
What happened? How can you spend so much, knowing that you even have difficulty coughing up the interest? I don't get it...
Omega, your insights arevery informative at this forum, even for a financial non savvy guy...
Yes!! Lots of people have spent like there is no tommorow. They finance their house, their vehicles, then run up credit cards, then take out another loan on the equity in their home to pay down the cards so they can run them up again! Lots of people accumulated debt, thinking they could use the equity in their home to pay it off. They made a bet that the house would continue to increase in value, and they could sell it and make a "profit." They didn't anticipate their houses losing value instead, so that they could not pay off their debt by borrowing against its value. That's how we have such a massive amount of debt in this country. What makes me mad is, we are a pay-as-you-go family and only our house is financed, yet we will suffer from other people's stupidity and greediness. While we live well withit our means, and rather simply by modern standards, all those knuckleheads are driving around in nice new cars, watching plasma TV's, have closets full of clothes and are whining about how the government needs to step in and save them from the mess they created. Hello!!??
Yeah, if you are one of those "retail therapy" types that are now getting delinquency notices, I AM talking to you.
Australians have done the same things as the Americans |
|
AC
User ID: 357775
7/25/2008 12:41 PM | | Re: The FED in all out panic mode now | Quote |
Thanks for clarification. How did the value of the houses drop? Job related? Loss of jobs and higher oil prices plus devaluated dollar caused less demand for housing? |
|
| Page 1, 2, 3, 4, 5, 6 |
|
