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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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14 comments:
LOL - the average checking account balance in the USA is less than $1K. Look at M3 instead, the rate of growth is falling and it's currently around 6% annually. Some sugar injection Keith.
The Fed is draining liquidity, not adding it. The USD is going up (for now anyway) and widespread deleveraging is about to commence once again. You know what that means, don't you?
If you think the Fed is draining liquidity, you are a fool.
Or an ASU graduate.
Or, worst possible case, both.
Fed releases details of liquidity programs
As of May 27, total assets at the Fed totaled $2.08 trillion, up $13 billion from the end of April and up $1.18 trillion from a year earlier. Deposits by banks rose $64 billion in May to $877 billion, up $850 billion from a year earlier.
http://www.marketwatch.com/story/fed-releases-details-of-liquidity-programs
What is this chart here. It's called M1 Money Multiplier and looks like the inverse of the one on the post.
I kind of think this finance stuff is really hard, but try to learn to reduce the chance of taking a bath.
http://www.garynorth.com/public/5070.cfm
hey tools.How do you like 3.00 gasoline?Must be nice knowing goldamn sachs is fucking you again.Where is all the demand?
How is working for wall street.Bend over and grab your ankles cause you are going to pay for their bonuses.
Keith, you are confused. The toxic crap recently added to the Fed's balance sheet is not liquidity, in fact much of it consists of worthless paper no one else was willing (dumb enough) to buy at any price.
They are draining liquidity to calm some skittish foreign central banks. The result will probably be a repeat of last Summer's fun times in the markets.
Got cash?
Dunno..
What does it mean?
This is bankster accounting gimmickry...on steroids.
Regulatory accounting standards are a joke or nonexistant.
The Fed is aiding and abetting fraudsters through fiscal double-dealing.
**Liar's Poker**
"Anybody got seven aces? Cuz I'm holdin six..."
What a racket.
Market crumble has returned....So much for that ray of sun-shine you have been pumping up our yazoo Keef.
The Fed may have added sugar, but the people ain't got no chedda.
anyone else just not buying anything and stashing cash in checking accounts because some banks are paying more interest on checking balances than savings accounts?
agree that plenty of powder has built up - but still to much risk to put it back into the market or other assets (oil, gas, gold or real estate). still too much debt in the economy to deal with - personal, public, and private.
...and no one has made the hard decissions yet. all the extra printed cash will flood the engine so to speak. will have both inflation and deflation - personal fixed cost items (auto, health care, insurances in general, food - sans housing/rent) will continue to become expensive and all the variable items will continue to fall (clothes, electronics, consumer goods in general, plus housing/rent too). yes, housing/rent will become variable as people will realize they need to maintain mobility to maintain their 'careers.'
Liquidity is being drained.
BIG TIME!
http://www.moneyandmarkets.com/new-hard-evidence-of-continuing-debt-collapse-3-34207
Oh yea, let's keep the debt party going at all costs. It is the only game the FED/Banksters know. Hence the printing presses run 24/7.
Our economy is like a dying junkie. No matter how much "juice" is injected into the junkie, it is essentially a lost cause.
But as the junkie dies he gives the "illusion" of coming back to life while he jerks around every time a big does hits his veins.
For the past 3 months the junkie has been jerking around due to the larger and larger doses of "junk".
STOP.
THE.
PRESSES:
former top executive of American International Group Inc. plundered an AIG retirement program of billions of dollars because he was angry at being forced out of the company, a lawyer for AIG told jurors Monday at the start of a civil trial. Attorney Theodore Wells told the jury in Manhattan that former AIG Chief Executive Officer Maurice "Hank" Greenberg improperly took $4.3 billion in stock from the company in 2005..."
"Money supply as share of GDP", Keith.
What's happening to GDPs? Think carefully.
At any rate, with shrinking or stagnant incomes, with loads of bills to pay, and with credit dried up, the consumer CAN'T follow inflation ... so inflation is generally dead. For a generation.
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