CNBC talking heads pissing their pants

0 votes

over the market fluctuations. Fed Reserve board playing possum with no change to rate. Fractional banking system on their knees begging the government crooks. AIG ass kissing for 70 billion. etc etc

Too me, it sounds as if their plan is coming together quite nicely. As some idiot :) once said, "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] . . . will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered ."

Why do their plans always work? Hey mortgage holders, how does it feel to know there is an 80% chance that your home is owned by the government?
i.e. Fannie/Freddie takeover. Socialism anyone? Fascism too?

Are we gutless because according to most folks here, we have to create change peacefully. 90% of the posts here make me want to puke.

Shakespeare was on the money when he said, "kill all the barristers".

And that would be just a good starting point.

My reading list for the DP crowd...."Unintended Consequences" by Jon Ross.

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Well, it would be

foolish to say one way or the other as to how a person will respond. Have you ever played poker. Keep our mouths shut and our powder dry. Peace

Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.

Was that in AMERICA?

I LOVE that video. IT' had to be a clip for comedy central. That does show you how much AMERICANS give a crap about world affairs. ALL the AMERICAN leaders are obsessed with foreign affairs, as if solving the worlds problems makes them of great reputation. The leaders should deal with the intent of their office instead of solving everyone elses problems, try solving the problems for the people who pay your salaries.
say

peacefull coexistant

Yes I believe you are right on . Civil disobeydience could come if pushed too far . Then we would find out where the true patriots live. Why do you think the FED made the pact with NORTH AMERICAN UNION ? SO Canadian troops can be used against AMERICAS" own,- US.... I say bring your Canadian ass down here & you 'll learn where REAL AMERICA resides . IT ain'T WASHINGTON. Closed session be da-n-d. I swore an alliegence & it still holds. USMC. I pledged alliegence in school as a child & it still holds. I'll fight any foreigner to the death, mine or their's. I'm already sick of being treated like an outcast in my own back yard . Come & get me ' WE-- will meet you on our turf. OUR leaders better get there act together . They swore to me & the rest of AMERICA to their oath & the CONSTITUTION.. That is what I swore alligence to . Not some bunch of CON -ARTISTS that claim AMERICAN INTEREST, CRAP. AMERICAN INTEREST is not the same as the AMERICAN principles of foundation they awore to defend. GET it straight or get out....These neocons can be glad I'm a patient man. I've heard it all, seen it all & put up with all. RIGHT here amoungst the local authority as well. IT cuts to the bone. "MY AMERICA."
say
say

yeah, baby!

and you got 10 million more of us right beside you!!!

bring it on!

O Captain, My Captain, rise up and hear the bells!

its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!

So, let's just say

that the gov't needed some more hard backing to help sell their debt to other nations.

Think a few trillion in American real-estate might help?
That's what they just did.

Ya know what we need to get our minds off this stock market ...

crash.

WAR! WAR! WAR!

Can you feel it coming? The people are getting restless and agitated. Who will it be today, King George? Iran, Syria, Granada, Trinidad & Tobago. Palin seems to want to take on Russia. I think Canada would be a better choice. Their dollar is stronger than ours and they have all those nice oil sands, and other mineral deposits to exploit. The best part is we know there language and can tell who they are?

you may have hit the nail on

you may have hit the nail on the head... or it could be allah akbar!!!!! with
suicide bombers.....

I am more concerned about the return of my money than the return on my money. --Mark Twain

“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)

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if that happened, there would be a bloodbath in the streets

i could see bush, cheney & mccain in cahoots for a wag the dog style attack on iran, attempting an october surprise to remind people to be fearful & vote neocon.

but i think people have had enough -- or at least enough people have had enough -- & any attempts at martial law would be met by the heroic likes of adam kokesh & other *true* patriots who would take to the streets -- pennsylvania avenue, to be specific.

then we'd really smell the cinders of a fired up revolution....

Our Enemies Thrive on Fear and Hate

You must love them for they are your brothers. Don't play their games. If you want to resist, do so peacefully. Do not kill in thought or deed.

Shakespeare was one of "them."

"Walls are stronger than the men that defend them."

Ghengis Khan

"Walls are stronger than the men that defend them."

Ghengis Khan

2:20 pm PST on Tuesday

and the news is eerily quiet. AIG has until tomorrow to get their shit together (so we are told) and we are hearing nothing? WAMU is up in trading today? All of it is very odd.

I was thinking the same

exact thing. Strangely quiet----like the calm before the storm. Will see what the foreign markets do later. Something is brewing.

The economy isn't the top news story on-line

CNN and others are talking about Iraq and Hurricane Ike. WHAT THE HELL?!

In The News Today

In The News Today

Author: Jim Sinclair

Jim Sinclair’s Commentary

What AIG needs is $90 billion for a rescue package. WaMu and UBS might arrive this week, hat in hand.

AIG needs three times the Bear funds required to stay afloat.

The reaction to the Lehman failure, which was expected by Bernanke, Paulson and Cox to be modest since Merrill was purchased at a premium on the same day, fell flat on its ass. The market dropped 500 that day.

That can be described as panic city in the Fed and the White House as Mickey Mouse could be elected assuming the system unwinds before election date.

WaMu, our next most likely problem, will be saved. Maybe UBS will be given access to the Fed Begging Bowl Window directly (or indirectly) because they are principle to huge amounts of OTC derivatives in North America.

Between now and Election Day any bank or financial entity wanting rescue only needs to say the word bankruptcy. The Fed will put up the money, lend to, or accept a risky deal for a second party to take over WaMu.

All this is very gold POSITIVE. Creating so many new dollars will make the job of keeping the dollar rally going to Election Day quite difficult.

Fed Keeps Rates Steady; No Signal Of Imminent Cut
By Brian Blackstone and Maya Jackson Randall
Of DOW JONES NEWSWIRES

WASHINGTON -(Dow Jones)- The U.S. Federal Reserve on Tuesday held interest rates steady and, in a disappointment to Wall Street, didn't appear to signal that rate cuts are forthcoming anytime soon.

Officials continued to warn about inflation risks, and they also suggested that economic concerns have intensified in the wake of the collapse of Lehman Brothers Holdings Inc. (LEH) and a steep sell-off in equity markets Monday.

"The downside risks to growth and the upside risks to inflation are both of significant concern to the Committee," the Fed said in a statement that largely mirrored its previous one in August.

The Federal Open Market Committee voted unanimously to keep the target fed-funds rate for interbank lending unchanged at 2% for a third-straight meeting. The Fed took no action on the discount rate for loans to brokers and commercial banks, which stands at 2.25%.

The Fed said it will "act as needed" to promote economic growth and stable prices. But it didn't refer to "timely" action, a word Fed watchers usually associate with a willingness to cut rates between meetings. Financial markets had also hoped that officials would adopt an explicit bias toward economic weakness, which they didn't do.

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I am more concerned about the return of my money than the return on my money. --Mark Twain

“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)

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