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 Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: saveslivesbyday who wrote (241202)3/16/2010 9:14:10 PM
From: DebtBombRespond to of 306849
 
LMAO....but he's an expert on fixing Model T's. ;-)



To: saveslivesbyday who wrote (241202)3/17/2010 12:16:01 AM
From: Skeeter BugRespond to of 306849
 
>>Right, the insights that led BB to admit "nobody saw this coming" ???!!!<<

lie is not spelled a-d-m-i-t.

they saw it coming.

an average 5th grader would see it coming looking at the fed's own data!

market-ticker.denninger.net

you can't take credit parabolic against GDP forever.

duh!

btw, that chart proves beyond any doubt that the fed broke black letter law by taking credit aggregates parabolic against GDP.

the problem is that there are no penalties for breaking this law - BY DESIGN! for doing this is required to scientifically create bubbles and depression...

federalreserve.gov

Federal Reserve Act
Section 2a. Monetary Policy Objectives
The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long run growth of the monetary and credit aggregates commensurate with the economy's long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.

[12 USC 225a. As added by act of November 16, 1977 (91 Stat. 1387) and amended by acts of October 27, 1978 (92 Stat. 1897); Aug. 23, 1988 (102 Stat. 1375); and Dec. 27, 2000 (114 Stat. 3028).]

“The new law will create inflation whenever the trusts want inflation. From now on depressions will be scientifically created.” (Congressman Charles A. Lindbergh, after the passage of the Federal Reserve act 1913.)

ourrepubliconline.com

the clueless / stupidity act is just kabuki theater to rob us blind and not be held accountable for the crimes!

it is obvious, people. that is the only reasonable, rational explanation given all the evidence of criminal behavior and looting.