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


To: Real Man who wrote (54395)1/20/2014 3:04:48 PM
From: ggersh  Read Replies (1) | Respond to of 71400
 
All we need to know and that the DOW is at ATH,
nothing else required...This country is shooting itself
in the foot all for the CEO class.

Interesting how help to long term unemployed (25 bln
a year), which just can't get passed through Congress
compares with Fed printing (currently 75 bln a month).

85 is less than 1%

belfasttelegraph.co.uk



To: Real Man who wrote (54395)1/21/2014 8:30:28 AM
From: ggersh  Read Replies (1) | Respond to of 71400
 
Ze markit vill go up or else...


Geithner Warned S&P Chairman US Would Retaliate For DowngradeSubmitted by Tyler Durden on 01/21/2014 - 07:39



S&P filed a declaration of McGraw yesterday in federal court in Santa Ana, California, as part of a request to force the U.S. to hand over potential evidence the company says will support its claim that the government filed a fraud lawsuit against it last year in retaliation for its downgrade of the U.S. debt two years earlier. In his court statement, McGraw said Geithner called him on Aug. 8, 2011, after S&P was the only credit ratings company to downgrade the U.S. debt. Geithner, McGraw said, told him that S&P would be held accountable for the downgrade. Government officials have said the downgrade was based on an error by S&P. “S&P’s conduct would be looked at very carefully,” Geithner told McGraw according to the filing. “Such behavior would not occur, he said, without a response from the government."