Troubles in Libya/Bahrain/ silver backwardation intensifies/brent crude $104.00

Harvey Organ 2-16-11

Troubles in Libya/Bahrain/ silver backwardation intensifies/brent crude $104.00

 

Matt Taibbi's Latest: " Why Isn't Wall Street In Jail?"

Submitted by Tyler Durden on 02/16/2011 13:33 -0500

Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate investigator laughed as he polished off his beer. "Everything's fucked up, and nobody goes to jail," he said. "That's your whole story right there. Hell, you don't even have to write the rest of it. Just write that." I put down my notebook. "Just that?" "That's right," he said, signaling to the waitress for the check. "Everything's fucked up, and nobody goes to jail. You can end the piece right there." One has to consider the powerful deterrent to further wrongdoing that the state is missing by not introducing this particular class of people to the experience of incarceration. "You put Lloyd Blankfein in pound-me-in-the-ass prison for one six-month term, and all this bullshit would stop, all over Wall Street," says a former congressional aide. "That's all it would take. Just once."

 

Guest Post: How Much More Demand Can Silver Handle?

 

When Keynesian Correlation Is Causation: Krugman's Contrived Climatic Conundrum

 

Guest Post: The $500 Billion Dollar Bailout That You Never Heard About

 

Major Food Distributor Sysco: "Immediate Volatile Prices, Expected Limited Availability, and Mediocre Quality at Best" "Now might be a good time to hit the frozen foods (or fresh produce if you’ve got a vacuum sealer) aisle at your local grocery store and stock up on your favorite fruits and veggies, as there may be a severe supply crunch coming in the next couple weeks lasting perhaps several months. Why pay premium prices later when you can prepare yourself today, before the rest of the country gets wind of it." 





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