To: Hawkmoon who wrote (109722 ) 3/19/2010 11:16:59 AM From: DebtBomb 2 Recommendations Respond to of 116555 I like this chart: double D bubble cups. The first is the fed dotcom bubble and bust. The second is the fed housing and debt bubble and bust. Now, we're in the bailout bubble, the bubble to end all bubbles. bigcharts.marketwatch.com The fed can''t milk the public anymore, although they're trying. Mortgage equity is plunging. bullandbearwise.com Spending is collapsing.bullandbearwise.com All the fed knows is bubbles and busts. Now the fed, is going to collapse the U.S. by piling on more debt on top of the debt bubble, IMO.usdebtclock.org Nothing is fixed. They just dig us in deeper every single day. 10,000 baby boomers retire every single day.hsdent.com Spending Patterns We would be on our way to recovery if they would have let the losers fail instead of rewarding them, and if they would have let competent people take over. Instead, they rewarded losers, and the losers have surrounded themselves with other losers just like them. Now, it's the same old song and dance....expand debt....that will fix everything....especially right in front of a demographics bust, peak oil, pension bust, entitlements bust, debt bubble bust, and spending bust. Nothing is fixed. Banksters are likely back to 30-50X margin and new derivative schemes. Send our jobs overseas to slave labor so elites can line their greedy pockets. Start losing wars. America will collapse. youtube.com If I were the fed, I would be scared. It's like this, IMO: The Bailout Bubble – the Bubble to End All Bubbles by Gerald Celente The biggest financial bubble in history is being inflated in plain sight. This is the Mother of All Bubbles, and when it explodes, it will signal the end to the boom/bust cycle that has characterized economic activity throughout the developed world. Either unwilling or unable to call the bubble by its proper name, the media, Washington, and Wall Street describe the stupendous government expenditures on rescue packages, stimulus plans, buyouts, and takeovers as emergency measures needed to salvage the severely damaged economy. All of this terminology is econo-jargon. It's like calling torture "enhanced interrogation techniques." Washington is inflating the biggest bubble ever: the Bailout Bubble. This is much bigger than the Dot-com and Real Estate bubbles which hit speculators, investors, and financiers the hardest. However destructive the effects of these busts on employment, savings and productivity, the Free Market Capitalist framework was left intact. But when the Bailout Bubble explodes, the system goes with it. The economic framework of the United States has been restructured. Federal interventionist policies have given the government equity stakes, executive powers and management control of what was once private enterprise. To finance these buyouts, rescue and stimulus packages – instead of letting failed businesses fail and bankrupt banks and bandit brokerages go bankrupt – trillions of dollars are being injected into the stricken economy. Phantom dollars, printed out of thin air, backed by nothing ... and producing next to nothing ... defines the Bailout Bubble. Just as with the other bubbles, so too will this one burst. But unlike Dot-com and Real Estate, when the Bailout Bubble pops, neither the President nor the Federal Reserve will have the fiscal fixes or monetary policies available to inflate another. With no more massive economic bubbles left to blow up, they'll set their sights on bigger targets. Given the pattern of governments to parlay egregious failures into mega-failures, the classic trend they follow, when all else fails, is to take their nation to war. Since the Bailout Bubble is neither called nor recognized as a bubble, its sudden and spectacular explosion will create chaos. A panicked public will readily accept any Washington/Wall Street/Main Stream Media alibi that shifts the blame for the catastrophe away from the policy makers and onto some scapegoat. At this time we are not forecasting a war. However, the trends in play are ominous. While we cannot pinpoint precisely when the Bailout Bubble will burst, we are certain it will. When it does, it should be understood that a major war could follow. May 15, 2009lewrockwell.com