SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (6221)1/26/2004 1:18:47 PM
From: Chispas  Read Replies (1) | Respond to of 110194
 
OT - Talking about lies, Parmalot's latest...

"the company said its net debts stood at $17.6 billion (14 billion euros) in September, almost eight times the figure given earlier by the insolvent company's former top managers."

(Would be nice to know what US financial institutions are
exposed and their counterparties.)



To: mishedlo who wrote (6221)1/26/2004 1:18:50 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 110194
 
USGovt federal deficit in 2003 is at least $700 billion

one must add to that deficit figure all amounts taken from Sochacurity Trust Fund
which I regard as the largest single example of fraud perpetrated on the American wage earner
a pure tax on wages, not deductible
diminishing returns of promised future income

govt accounting is no more, no less, corrupt and fraudulent than the most devious and deceptive among our US corporations

/ jim