Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Haim R. Branisteanu who wrote (102967)	5/3/2009 4:13:59 PM
From: RJA_	1 Recommendation Read Replies (1) \| Respond to of 110194

>>deep anger and despair of the electorate - it is not only the issue of loosing ones job but also deep losses in most retirement accounts and pension funds who where taken as granted that the money will be there at retirement and for paying the pension. I personally feel this, but do not see it reflected in the polls. Why? >>I just do not see how trillions in losses can be made up without a substantial uptick in inflation which will only make things worse. Seems more currency and/or debt is being created for this purpose. Are you now becoming somewhat partial to gold/silver/platinum? Yes, gold appears to be manipulated, but not always successfully. Will control be lost? >>Secondly will be the realization that the US is sliding fast from the status of world superpower and the delusion resulting from those events. Well, that has been clear to me for some time. Debasement of currency generally tied to debasement of empire. Worked for Rome, anyway. >>The mere fact that thousand upon thousands of WS and regular Bankers where left "of the hook” with the bounty in their hands and all they lost for some, was a high paying job. This is not something that will or is accepted – the outrage at AIG bonuses and the treats made to some of their employees is only an indication of the sentiment with many folks. Well, yes. From what I see, housing still falling and decline in commercial RE just beginning to be felt, so banks still looking at chasm. I am less concerned with your previous paragraph than I am with the possible destruction of the FDIC via its proposed guarantees under PPIP. This whole arangement is criminal and dangerous IMHO... that the FDIC should backstop 6/7ths of potential losses of private pool investors? Not their function IMHO. Also to state that they "anticipate no losses"... because if they did, they would be prohibited from backstoping this poison. Very dangerous stuff and IMHO should be prevented/prohibited. How will middle class feel when the banks fail and FDIC is out of assets? Fed will either print to support FDIC (inflation) or not (crash). >>Time will come and some one will act upon those treats and it will snowball – after all, those are the seeds of any revolution – deep anger frustration and despair Gerald Celente/Trends Research is sounding a similar note. Some of his stuff can be found here: geraldcelentechannel.blogspot.com >>Bottom line Obama does not get it!!! - he continues to give hundreds of billions to bankers, who are to blame for the mess we are in now, and not to the working folks whose jobs just evaporated - people need productive jobs not saving the bankers - it was proven with Chrysler "forced" chapter 11 Jobs = Stability. Productive jobs = Well founded stability Sorry Obama does not get it. What are you doing personally in anticipation of this kind of thing?

To: Haim R. Branisteanu who wrote (102967)	5/3/2009 6:14:31 PM
From: Metacomet	22 Recommendations Read Replies (5) \| Respond to of 110194

Bottom line Obama does not get it Give it a rest already. He's been there 3 months. All the problems were inherited. Nobody is sure of the fixes. Get off his back. He is infinitely better than what we had or what any of the alternatives were.