We The Sheeplez- The Coming Economic Collapse.."A Nation Of Sheep Ruled By Wolves" Thomas Jefferson

Friday, September 2, 2011

Ron Paul explains...
Feds Preparing For Breakdown Of Law And Order

Reagan advisor: The real U.S. debt figure
is far, far worse than almost anyone thinks
"We have all these unofficial debts that are massive compared to the official debt..."

This is the best news of the year for Americans who still cherish liberty
"A ground-breaking victory for the common man..."

Russ Certo: "Twister"

What is twist? We know it is a prospective transformation of Fed balance sheet whereby selling shorter maturity debt to purchase and impact longer term debt. But is twist QE3? Who cares? One thing is for sure that policymakers increasingly don’t want to be pinned or associated with incremental EXPLICIT policy. Why would you want to semantically define a series of quantitative numbers of failed policies? QE3, QE99 bottles of beer on the wall. Does that fan 98 bottles of ineffective policy? By virtue of having another number does that mean the underestimation framework of a previous number? In fact, QE3 SHOULD take the form of the Fed having a 3 day offsite teach in with other branches of Government. COMMUNICATION with stakeholders in government like Congress, Treasury, Comptroller of Currency, FDIC, HUD, leaders of banks, mortgage companies and business interests. What the market is looking for is COMMUNICATION between stewards. This alone should encourage resolve, incentives, confidence, less uncertainly, productivity, uniformity and an EASING of collective psyche. Forget twists, and other policy minutia which REWARD poor decision making, leadership, and the current lack of communication and, hence, capital flight and investment valuation decisions globally in efforts to seemingly futilely preserve capital. Hello gold and Swiss Franc!!!!!

You Know Those Bombastic Warnings I Gave About Banks Being The New Tobacco Industry? Well, You Might As Well Light Your Stogies

Posted by : Reggie Middleton

Post date: 09/02/2011 - 09:23

This time, an "I told 'ya so" simply will not suffice. The amount of pressure the big banks will come under will reverbrate around the globe, yet many in the sell side are still recommending big bank...

Dan Loeb Not Spared From August Market Bloodbath, Down 3% Despite Gold Top Holding

For the second month in a row, Dan Loeb's $7.9 billion Third Point retains gold as its top position. And if that was his only holding he would have done quite well. Unfortunately, he also has quite a few equities, and courtesy of his net 17.7% exposure to equities (and 18.5% to credit) his funds dropped anywhere between 2.7% and 4.5%. Even so, Loeb's flagship fund is up 3.9% YTD, a performance 13F-chasing Whitney Tilson (not to mention mutual fund Paulson & Co.) can only dream about. Loeb continues to be most bullish on ABS credit, while accentuating his hatred for govvies, which account for his biggest short net exposure or -10.3%, an increase from last month's -8.9%. Top equities (except for confidential and FX positions - oddly a new footnote disclaimer, was not there last month - does it mean Loeb has engaged in a major "confidential" position or is he now a major FX trader?) for 3rd Point are Delphi, CIT, Technicolor (a new addition) and El Paso.

Is It Ironic That This Is Labor Day?

It is also ironic that more time has been spent trying to figure out the impact of 45,000 Verizon strikers on NFP, than has been spent on trying to figure out what sort of a system we have where 45,000 employees feel comfortable going on strike when there are NO jobs, and management caves in to their demands. Maybe Obama should address that sort of mentality in his jobs speech next week. Maybe the problem is more at the core of what this country has become than what some new tax incentive to hire can fix. If anything, the tax incentive will likely be good for lawyers who will be paid by big corporations to figure out how to get the most benefit for the least amount of actual change.

Huffington Post: "Ron Paul Can Win"

The U.S. gov't is about to "go nuclear" on the "too big to fail" banks
Massive wave of lawsuits could be filed as early as today...