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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (108946)2/24/2010 11:41:52 PM
From: Joe Btfsplk1 Recommendation  Respond to of 116555
 
I am ahead of the curve and proud of it

With good reason!

Unions ain't all the problem, but they're a big chunk. Thanks, Mish.



To: mishedlo who wrote (108946)2/25/2010 1:23:02 PM
From: Broken_Clock8 Recommendations  Respond to of 116555
 
By the way, I am ahead of the curve an proud of it
Bloomberg
Banker Bonus Anger Is Shifting to Government Workers: Joe Mysak
bloomberg.com

To any extent I am helping fuel that sentiment I am grateful.
===

That's rather sad. Why distract attention from the main problem?

FYI, near as I can figure out from putting many, many small jigsaw puzzle pieces together, the major banksters are utilizing the FDIC to crush smaller banks, steal those assets and use same to score huge profits through short sales and reo sales. All the while engorging the size of the survivor(read to big to fail) and eliminating competition.The Federal gov't(ah, the great Timmy!) is throwing money at these big banks faster than they can punch the keyboard and add it up....ALL at taxpayer expense.

I joined in a con call yesterday and listened to a very private discourse from a President of a small chain of Florida banks yesterday. I wish I had it recorded and could play it here. The FDIC is terrorizing his bank. He said he's never experienced or even heard of anything like this in over 35 years of banking...and it's going on across the country. He sounded beyond grim. Just desperate.