Take a peek at these two charts released from the FED today and tell me what you see.

On balance, I'd guess that is a fair question, though it would seem a lot more pertinent on a larger, more trafficked, mainstream site. My estimation is you aren't seeing many financial heavy hitters around these parts. LOL
But even in that unlikely event, you could understand if someone were talking up their money position.

But turn the question around now and ask: What's the OPs stake in this?

Thinking about that for a minute I find the probabilities entailed in that answer a lot more repulsive.

Cash. After that has "run out", and the haves have been seperated from the have nots, it will never be seen again.

At that point, the plan is to require that ALL credit assets be placed in one "container". Some will opt for a card, much like a credit card. Others will go the RFID route. All will be 100% trackable to you. Micro-GPS will be an important component for all products.

Those that use their "cell phones" will be the first.

Mr. Omega - I am afraid that there are simply not enough of you for the lead solution that you propose. Additionally, most of you have been identified and pre-targeted. It will all happen before you can believe it to be true. I am sorry.

Wall Street is shaking in its boots.

I'm sure you'll have nothing to worry about as long as you stay holed up in your mom's base...., er...., I mean bunker.

woowoos

Great thread, folks!






Thanks for posting this, Omega...

I can't get into tickerforum; I'm going through withdrawal, lol!

Yeah and it makes me wonder how much of the lockdown is caused by woowoos invading the site. Gen(KD) has pointedly said TF is not GLP a couple of times. He knows.

Too bad y'all just can't keep ya shit together.

It is easy to see what the Federal Reserves goal is.....GLOBAL COMMUNISM. The housing bubble could be an excuse to nationalize housing so they are all owned by the Fed which will be rented to us. Through devaluing currency they will ideally have it so that we have to borrow money just to meet our basic needs such as food, water, roof over our heads....and of course we have to keep working to pay the bills on the debt. That is no more than slavery folks.

I've never posted at TF even though I'm a member there.

I feel quite privileged to read there...


I've been getting an amazing education in the workings of the financial world; how Wall Street works...how government works...how it all ties together.

I wouldn't do anything to jeopardize that; besides I'd be terrified to post, lol! Way out of my league!

Actually, I'd pay to join if I could afford it, but I'm a poverty-stricken, right-brain, artist type....





I have posted KD's petitions with links to them and to TF. I had hoped that folks would read and sign. Unfortunately there are always people who are jerks. :(




Not every "moonbat"* is an asshole, eh! And sometimes tinfoil is actually a silver lining...






(* I prefer "witch" over "moonbat" though...)

KD has problems when his world paradigms are questioned. he seems to through tissy fits and calls everyone a moonbat. It turns out that some but not all of the conspiracies maybe correct. He closed down ticker forum I think just because he is a big girl.

Could someone explain why would europe want to combine Euro and Dollar? That looks more like economical suicide to me...

The card will be the more popular option, it involves the least change!

Surveillence cameras at anti NWO "protests" and face recognition software. Or cross referencing drivers license with gun licenses to establish threat level?

¿mmmm 17 agoust 1937 is 16 may 2008?¿Then crash to finally september?

IRS regulations require that, regardless of your need (or lack there of) for additional retirement income, you must begin taking distributions from the plan at age 70 ½.

Depending on how much your retirement account requires you to take out once you get to 70 ½ (it's usually 10% a year) you'd probably pay more taxes if you withdraw all of it now at once, but the money will probably be worth less in the future.

Good luck. It sucks that you even have to think about this type of shit @ 70 years old, when you obviously have tried to save some money to take care of yourself in retirement.

Not at all far-fetched.

The Biggie is the $72 trillion debt racked up by bummint.

[link to sfgate.com]

That just about cinches it. There will be no profit for
anyone, just debt payments.

For all you naysayers, yeah you Loose Cannon, ya dumbass bitch, chew on this. Ever hear of Merideth Whitney ???

Party is OVER folks, the banks are in real trouble and the Bush Administration is merely trying to push this off to the next POTUS who will go down as the greatest sucker that ever lived as the next great depression will fall on his/her watch. Best of luck, idiots like loose cannon will be culled from the herd.

Excellent.


Credit Crisis Will Extend Into 2009, Oppenheimer Says (Update1)

By Luo Jun

May 20 (Bloomberg) -- The U.S. credit crisis will extend into and even beyond 2009 as banks will write off more than $170 billion of additional reserves by the end of next year, according to Oppenheimer & Co. estimates.

``The real harrowing days of the credit crisis are still in front of us and will prove more widespread in effect than anything yet seen,'' analysts led by Meredith Whitney wrote in a research note today. ``Just as strained liquidity pushed so many small and mid-sized specialty finance companies to beyond the brink, we believe it will do the same with the U.S. consumer.''

Whitney, together with Kaimon Chung and Joseph Mack, cut earnings estimates for U.S. banks ``significantly'' due to ``strained liquidity resulting from shut down in the securitization market'' and on expectations that banks may take provisions of $88 billion in 2008 and $96 billion in 2009.

Banks and securities firms worldwide amassed almost $380 billion of writedowns and credit losses following the worst U.S. housing slump in a quarter century, according to data compiled by Bloomberg. At least $35 billion of additional writedowns included in their balance sheets weren't deducted from reported earnings, regulatory filings show.

Whitney, 38, correctly predicted on Oct. 31 that New York- based Citigroup Inc. would cut its dividend to shore up capital after mortgage-related writedowns.

Shrinking Consumer Credit

The analysts cut their estimates for 2008 earnings for Bank of America Corp., Citigroup, JPMorgan Chase & Co., Wachovia Corp. and Wells Fargo & Co. by an average of 17 percent, and reduced their 2009 estimates by 20 percent. In all, the banks earnings will be 72 percent lower than the Thomson First Call consensus forecast, Oppenheimer estimates.

[link to www.bloomberg.com]

Last Edited by Phennommennonn on 01/22/2012 01:38 AM

ummmm,,,, more writing on wall??? check this out - quote:
(PS --- note that $510 billion is just money being printed up to support the banks this year --- it apparently does NOT include all the foreign loans (billions or ? more that USA now owes) --nor-- does it factor in the value of various buy-outs or bail-out such as the JP Morgan funding of Bear-Stearns, the possible buy out of Lehman Brothers by UK Bank Barclays that was in news earlier this week.


"Fed loans another $75 billion to struggling banks"

[link to ydr.inyork.com]

By JEANNINE AVERSA AP Economics Writer

Article Last Updated: 05/20/2008 12:51:44 PM EDT

WASHINGTON — Working to relieve stressed credit markets, the Federal Reserve has auctioned another $75 billion in loans to squeezed banks, bringing the total to $510 billion since December.

The central bank on Tuesday announced the results of its most recent auction—the 12th—since the program to help banks overcome credit problems started in December.

It's part of an ongoing effort by the Fed to help ease the credit crunch, which erupted last August and hit a crisis point in March with the near collapse and forced sale of Bear Stearns, the nation's fifth-largest investment house, to JP Morgan Chase & Co.

Housing, credit and financial problems have weighed heavily on the economy, sharply slowing its growth.

In the latest auction, commercial bank paid an interest rate of 2.100 percent for the short-term loans. There were 75 bidders for the slice of the $75 billion in 28-day loans. The Fed received bids for $84.4 billion worth of the loans. The auction was conducted on Monday with the results released on Tuesday.

In mid-December the Fed announced it was creating an auction program that would give banks a new way to get short-term loans from the central bank and to help them over the credit hump. A global credit crunch has made banks reluctant to lend to each other, which has crimped lending to individuals and businesses.

The smooth flow of credit is the economy's life blood. It permits people to finance big-ticket

In layman's terms this means all cash reserves of the banks will have been lent out; there won't be any more money to lend to anyone.

If banks have no money to lend, then consumers cannot buy things on credit. Even if they could buy on credit, businesses will not be able to borrow to restock inventory or get raw materials for manufacturing. With consumers not buying and with business unable to manufacture or restock, businesses will have to layoff employees. MASSIVE layoffs. Huge unemployment.

As folks lose their jobs, they won't have money coming in to repay any outstanding debts they already have. The bad debts will take out the banks. No credit, no business, no jobs. Total economic collapse.

The only hope they have of delaying (not avoiding) this massive collapse is to change the fractional reserve rules to allow Banks to lend even more money than they have in reserves.

When they make that rule change, they will have to pump several TRILLION in cash into the economy; which will result in almost immediate hyper-inflation. Other currencies will rise sharply against the U.S. dollar resulting in all imported goods skyrocketing in price. Since we don't manufacture anything in our country anymore, these skyrocketing prices will impact everything we buy.

As people find themselves unable to afford the basic necessities of life, social chaos will erupt.

Cities, dependent upon outside sources of food and other goods, will erupt into chaos sooner than outlying areas. There will be food riots. As happens anytime a major emergency occurs.

As the cities disintegrate into anarchy, folks in suburbs will soon find themselves targets of starving, violent two-legged animals. Without food to buy or steal in the cities, the savages will move to attack the suburbs to take YOUR food and YOUR goods.

When this takes place, you'd better make sure you have enough guns and ammunition to protect yourself, your family and your property. Shoot to kill. Don't worry about the law, because there won't be any law.

Dialing 911 will be useless because the looting, violence and anarchy will totally overwhelm local, county and state law enforcement.

Whether the feds change the fractional Banking rules now or not, the scenarios outlined above will take place. The only question remaining is WHEN the scenarios will take place: In September 2008, February 2009 or at some later date after the rules change once the hyper-inflation kicks-in.

Ladies and gentlemen, I am sorry to tell you that in our lifetime we will see the literal collapse of the United States. We will see ourselves a nation gone mad. It will be a madness that cannot be restrained, but which can only exhaust itself in blood.

When the time for bloodshed comes, I want all of you to know exactly who is to blame so those people can be hunted down and dealt with. To that end, let me make clear, all of the trouble coming at us later this year and into early next year is is going to happen because of our federal government borrowing itself (and us) into oblivion.

The government was aided and abetted by rich bankers - the federal reserve. The bankers refused to stop lending to our long-Bankrupt government and even went so far as to monetize government debt so the jew bankers could earn billions in interest for themselves, even though they knew the coming social chaos would take place.

When the collapse happens, it will be time to take up arms and overthrow the government of the United States by force, violence and assassinations. The politicos who got us into this mess must pay a price so terrible that others who follow them will know to behave -- or face the same fate.

The bankers in the federal reserve must also pay the same terrible price. Slaughter would be appropriate.

Folks are already e-mailing me asking "What can I do to protect myself." The short answer is prepare now. Start accumulating food to feed yourself and your family for upwards of a full year!

Stock up on canned foods. Lots of canned foods. They don't go bad for years and the price you pay now will be a lot cheaper than if you wait.

Buy large amounts of BREAD FLOUR to bake your own bread. If you cannot get BREAD FLOUR, buy "All Purpose Flour" and also "WHEAT GLUTEN" to add to it for baking bread. You'll need yeast for the bread, so buy yeast too.

Buy large amounts of dried rice and dried oatmeal.

Buy Honey. Cinnamon, brown sugar and white sugar. Lots of white sugar. Salt. Pepper.

When the crash happens and the supermarkets are empty it will be too late. Plan now. You only have until September of this year to prepare, so get to it.

You can cook some rice, open a can of food, pour the can over the rice, heat it up and have a full, healthy meal.

At breakfast, you can cook up some oatmeal, put honey, cinnamon or brown sugar on top and have a healthy breakfast.

Buy a gravity-fed water filter system and additional filters for it.

Have at least one hand gun for each mature teenager and adult in your family. Have at least one twelve gauge shotgun for your family. Have at least one hunting rifle, a .308 or 30-06 to hunt for food. Have ammunition for each weapon and make certain you and your family know how to use them all.

It's gonna get ugly, folks. Real ugly. The feds may delay it awhile, but they cannot avoid it.