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PerpWalkWatch - # of Hours New AG Eric Holder Has Let Angelo Mozilo Run Free
Eric Holder and Barack Obama
Failure to
Arrest
Angelo Mozilo
2862 Hours
(countdown suspended 6/21/2009)
ERIC HOLDER - YOU ARE A COWARD
DO YOUR JOB
(UPDATE 6.4.09 - SEC CHARGES MOZILO WITH INSIDER TRADING. YET ERIC HOLDER STILL SITS ON HIS ASS AND DOES NOTHING)
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20 comments:
I'm tired of the entire planet being bullish gold yet it refuses to go up. That is the first bearish sign, means everyone is already long and has had ample time to discuss it. More probable ideas are shorting T-bills, buying Oil, buying distressed real-estate, buying distressed banks.
Unrelated but:
"Cheney says no one saw financial crisis coming."
WASHINGTON (AP) - Vice President Dick Cheney says that his boss, President George W. Bush, has no need to apologize to the American people for not doing more to head off the financial calamity, saying no one saw the crisis coming.
During an interview Thursday with The Associated Press in his West Wing office, Cheney defended the administration's performance on an economy that is growing weaker daily and which recently collapsed in spectacular fashion. Cheney said that "nobody anywhere was smart enough to figure it out."
He said Bush doesn't need to apologize because he has taken "bold, aggressive action."
http://tiny.cc/gQMJE
Wow.
Jersey Girl
relationships can be funny things. Right now platinum and gold are about par. Either gold has to go down big, or platinum has to spike, OR fiat money is really being repudiated and Gold is set to go higher regardless of where oil or platinum are. Lots to think about.
I don't know whether gold will be going to 5k (i hope it does since i'm long) but what I do know now is where all those realtwhores are living...
"Five people, including a jobless former real estate agent, were arrested and charged with trespassing after, police say, they were found living illegally in a foreclosed Arizona home, MyFOXPhoenix.com reported.
"I was just trying to get out of the cold," Jim Taylor, who lost his job when the real estate market collapsed, told MyFOXPhoenix.com. "I wasn't trying to, you know, vandalize the place or hurt the place or try and cause any trouble. Really it was just a matter of, you know, getting in out of the elements."
Video of the inside of the house shows a trash-ridden interior without any heat or electricity.
It was not clear how long the five people had been living in the home."
If gold reaches $5,000 an ounce the government is going to confiscate it or tax it at ridiculous levels.
"...Bernard Madoff had $173m in signed cheques in his office desk, ready to send out at the time of his arrest..."
Nice to know he was a crook to the very end.
The only reason he didn't pull off the final betrayal was that his sons grew suspicious at early bonuses + harried demeanor.
not gonna happen
Regrettably, he is correct.
No.
No.
No.
that way the government can hire countless hundreds of thousands to enforce unenforceable laws.
unemployment solved.
QED and Yes We Can!
No way ... gold will never become liquid enough or the money creation being done by Obama/Bernanke will not outstrip the money desctruction taking place.
DMP
Schiff is a moron like most of you.
No line can be projected to infinity. Just like the downward line you children think points to the collapse of the United States.
Gold has already had a great run - the last 10 years. Now we are nearing the end of a cycle.
Never happen i use dollars to buy stuff not pieces of metal.
Ciao
He's probably right, although, it "feels" good having dollars in banks, pockets, and cookie jars and just viewing the multiple crashes from the sidelines.
Headline: Dow industrials-143.28 -1.64%
Bwhahahah!
gold will be ar 400 sooner than 2000.dont watch late night tv with all the gold bugs.they are former realtors and lenders pumping gold.
Keep in mind, he said "Gold to $5000" back when oil was $120. What's his gold price projection now that oil is at $40?
And what's the five-year record of all the foreign stocks he's been touting as a way to escape U.S. stocks? Um, MORE boomy and busty than U.S. stocks have been in that period?
I've been a fan of his angle on the consumption/debt economy for years, and have done okay in a mix of GLD, foreign currencies, emerging markets, and cash, and out of U.S. stocks, but let's be clear on this: This is a high-risk, high-volatility bet on a FURTHER U.S. DEBACLE, and/or a hedge against your existing U.S. stock investments or recovery plays.
You're betting that we're still closer to the beginning than the end of the bad news, and that there's SOME NEW CALAMATOUS CATALYST that is STILL out there that NO ONE has their eye on yet.
What if we've more or less found them all?
With the TED spread, libor and treasury yields crashing, the VIX dropping, and large caps at a PE of 11 and some with yields of 8%, then if no one finds another new sky-is-falling concept, then eventually, PERHAPS SOON, a bunch big players will decide they can make more money in MO, KO, PFE, JNJ, BAC, etc etc than they can in treasuries, gold, cash. And when that happens, because they are the big players, they won't have to start out correct in their idea--they will move the market and their idea will BECOME correct.
And then all of YOU will find out you're in the wrong sectors, and you'll switch over---LATE. AS USUAL.
I'm not sure I see gold at $5,000 an ounce, but it continues to be a very safe place in these financially uncertain times, returning 5% in 08.
Hey, wait a minute. Weren't you, Keith, the parrot who's been repeating the mantra: "Don't fight the Fed" "Don't fight the Fed" for what...about 2 years now? How come now you're saying that your Fed will let gold hit $5k?
I wouldn't be buying any commodity, if I were you:
Jan. 9 (Bloomberg) -- Investors should sell copper, nickel and other industrial metals that rallied this week because the rebalancing of commodity funds that caused it will end, according to Bayram Dincer, a commodity analyst at Dresdner Bank AG.
The CHART OF THE DAY shows the London Metal Exchange index of six metals, the blue line, rebounding as combined stockpiles monitored by the bourse, the red line, advanced for a 27th consecutive week. Expanding stockpiles suggest slumping demand.
Copper, zinc and nickel gained this year on speculation that funds tracking gauges such as the Dow Jones-AIG Commodity Index and the Standard & Poor’s GSCI Index would buy more of the metals to reflect changes in the indexes’ weightings.
“At one point you have to look at rising inventories: the rebalancing didn’t change anything fundamental,” Zurich-based Dincer said. “From the economic data, there’s still a lot of bad, bad news.”
.
Confiscation?????
I guess I'm screwed!
I used all my gold coins to pay off a gambling debt!
It was either that or get my legs broken.
Or at least that the story I'm gonna use!
.
Anonymous said...
"Cheney says no one saw financial crisis coming."
"...I and so many of us who have been involved in this industry for so long did not recognize the serious possibility of the extreme circumstances that the financial system faces today."
-Citigroup board member/Sec. Treasury Robert Rubin
*HORSESHIT*
How many lies can we rubes possibly swallow until it all begins to make sense?
First we built detention centers, then we deployed troops for domestic unrest...
A more naive person might wonder what they see coming after they furiously protest they didn't.
"...They may be called upon to help with civil unrest and crowd control..."
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