Rome (then the Western world) is burning!
Just like minorities did not see or wish to understand what the rise of Hitler meant to them, just like those that ran out onto the new beach revealed as the water retreated from Hawaiian beaches only to be inundated by the Tsunami, many are ignoring the organized and strategized attack now on Greece as the prelude to an attack on Spain, Italy, Ireland, Portugal and then major debts.
The US stands third in the line of weak structures, debt to GDP, and will come under attack by the ever-increasing wealth of the bear raiders via the CDS OTC derivative market.
Iceland, the weakest of all, was taken down. Now the target is Greece. Just as Europe fell to the Nazis, so might it to the Blitzkrieg by financial entities.
When J.P Morgan, the man, sought to settle a liquidity crisis, he asked Jesse Livermore to come and visit with him. He proposed that the famous Bear, Livermore, cease his short raids for the benefit of the country. Livermore, impressed by Morgan’s appeal, did so.
Quite to the contrary, we have made the most successful of the short raiders (derivative manufacturers) rich, and taken no meaningful action to restrict their mode of doing business.
Rome is burning and few understand why. Even less give a damn.
Jim Sinclair


Obamas an IDIOT and will do no such thing...If you don't believe me go to USDebtClock and write down the deficit amount today and compare it in a week-month or year...The fed will print money till we run out of trees...
President Obama Says US Must Tighten Economic Belt


Finally someone with a little common sence, but obama won't listen to him until there is no other option...obama will continue to bail out his buddies...
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Wall Street Helped Cover Up Greek Debts, Fueling Crisis


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Wall Street Helped Cover Up Greek Debts, Fueling Crisis
Tactics like the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the euro, reports the New York Times.