tag:blogger.com,1999:blog-5724181159639068489.post5521499738015982371..comments2023-11-05T05:09:14.089-05:00Comments on Goldman Sachs: Information, Comments, Opinions and Facts: The 'Goldman Conspiracy'RobertMhttp://www.blogger.com/profile/03960912417983904202noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5724181159639068489.post-75949628688874770062010-09-16T23:51:08.276-04:002010-09-16T23:51:08.276-04:00The committee to destroy the USA - Eric Janszen
...The committee to destroy the USA - Eric Janszen <br /><br /><br />If home values are permitted to decline another 20% to pre-bubble levels, and mortgages are written down to pre-bubble levels, US households will have approximately $1 trillion dollars more to spend annually.<br /><br />Just imagine the kind of stimulus that will provide. It’s the equivalent of a $1 trillion per year tax cut, and without reducing pension liabilities, military spending, raising taxes on the rich or anyone else.<br /><br />This is the debt overhang that is killing the US economy. It is owed to the politically protected banking industry by the increasingly politically impotent American voter. It is curiously framed as a left versus right issue, but the real battle is between creditors and borrowers, and between debtors and saver, and the interests that represent them.<br /><br /><br />http://www.itulip.com/forums/showthread.php/16891-The-committee-to-destroy-the-USA-Eric-JanszenAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-47767625329565032282010-09-16T14:08:40.871-04:002010-09-16T14:08:40.871-04:00Welcome to the United States of Austerity / Toward...Welcome to the United States of Austerity / Towards a very serious breakdown of the world economic and financial system<br /><br />(September 16, 2010) -<br /><br /><br />Supporters of the « Tea Party (14) » and « new secessionist (15) » movements... want to « break the Washington Machine » (and by extension that of Wall Street) without having feasible proposals to solve the country’s myriad problems (16).<br /><br /><br />For example, we are already seeing a very specific expression of this widespread anger against Wall Street in that Americans have deserted the stock market (18). <br /><br /><br />Each month, an increasing number of « small investors » leave Wall Street and the financial markets (19), today leaving more than 70% of transactions in the hands of major institutions and other « high frequency traders ».<br /><br /><br /> If one keeps in mind the traditional image that the stock exchange is today’s temple of modern capitalism, then we are witnessing a phenomenon of loss of faith comparable to people’s disaffection with official demonstrations experienced by the communist system before its fall.<br /><br /><br />http://www.leap2020.eu/GEAB-N-47-is-available-The-Global-systemic-crisis-Spring-2011-Welcome-to-the-United-States-of-Austerity-Towards-a-very_a5168.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-85810724069560353342010-09-16T14:01:20.471-04:002010-09-16T14:01:20.471-04:00China won't be able to continue to expand at t...China won't be able to continue to expand at that rate through 2040. There won't be enough resources and fossil fuels to allow that kind of expansion. China will begin to enter a deflationary period , along with the rest of the global economy, that will last for decades. This will start when their real estate bubble crashes.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-54441160057513908072010-09-16T12:54:50.246-04:002010-09-16T12:54:50.246-04:00Rosenberg Joins Anti-HFT Crew: Notes Massive Equit...Rosenberg Joins Anti-HFT Crew: Notes Massive Equity Outflows, Blames Churning, No-Volume Melt Up On HFT<br /><br /><br />Those who have continued to believe that the boomer demand for yield was a fad may have to go back to the drawing board because week after week, and month after month, all the data show that households are embarking on a deliberate move to redress their underweight in bonds and overweight in equities as it pertains to their desired asset allocation. So yet again, the ICI numbers showed that last week, bond funds took in a net $5.73 billion inflow while equity funds posed a net redemption of $1.1 billion (on top of a $9.7bln outflow the week before). Equities have not recorded a positive inflow for one week since early May! So it goes without saying that whoever is driving this market higher is not where the wealth and savings are in this society as much as the high-frequency traders, and rest assured, these guys move in both directions.<br /><br />http://tinyurl.com/2frdkgyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5724181159639068489.post-87506165874449946792010-09-16T08:25:22.058-04:002010-09-16T08:25:22.058-04:00Elizabeth Warren Tossed a Bone and Appointed Geith...Elizabeth Warren Tossed a Bone and Appointed Geithner's Lapdog<br /><br /> The clashes reflect fundamental differences in philosophy. Geithner, the Administration that stands behind him, and Dodd all are staunch defenders of our rapacious financial services industry, even though they make occasional moves to disguise that fact. Warren, by contrast, is clearly a skeptic, and a dangerous one to boot, because she understands the abuses well and is able to communicate effectively with the public.<br /><br /><br /><br /><br />http://tinyurl.com/2blfn4zAnonymousnoreply@blogger.com