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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: the navigator who wrote (33522)12/15/2010 7:17:20 PM
From: John1 Recommendation  Read Replies (1) | Respond to of 71456
 
Good points and a seemingly accurate article.

The government's artificial interventions (e.g., buying and selling stocks and bonds) in the U.S. equity and bond markets constitutes fascism.

TARP was/is fascism.

The government's ownership of U.S. corporations is fascism.

The United States is over two years into a very dark era of post-capitalism. Most people have not come to terms with that yet and remain in denial and shock.

I think the world will be rocked by massive national, state, and municipal bond defaults that escalate during the next couple of years as more and more debt piles up and the politicians do not have the resolve or support to address the root causes.

Conditions will become much worse as the mountains of global debt expand and encompass all. This will all end very badly.




To: the navigator who wrote (33522)12/15/2010 7:20:01 PM
From: ggersh1 Recommendation  Read Replies (1) | Respond to of 71456
 
Jail is to easy for these A$$holes, let em hang!

One month later, Goldman's CEO Lloyd Blankfein beamed, "We are grateful for the government efforts and are pleased that [the monies we repaid] can be used by the government to revitalize the economy, a priority in which we all have a common stake."

As it turns out, the government continued to "revitalize" that small sliver of the economy known as Goldman Sachs. During the three months following Goldman's re-payment of its $10 billion TARP loan, the Fed purchased $27 billion of MBS from Goldman. In all, the Fed would purchase more than $100 billion of MBS from Goldman during the 12 months that followed Goldman's TARP re-payment.