Financial topics

[vincecate]

Vin have the macro moochers stuck you with the VAT yet?
[...]
The ratio of feral's to pavlov's should give Vin all the ammo he neeeds on the deflation to hyper in asset classes.

A VAT is coming to Anguilla but has not started yet.

I don't understand "ratio of feral's to pavlov's".

Still looks to me like Japan should be in hyperinflation real soon now, probably by the end of the year.

[aedens]

Sorry V was referring to the feds comment to feral hogs funds and the ratio of addicts to the feds pavlov QE program temper tantrums ruse.

I seen the poor queen got a raise and figured you guys payed for it down there since they are only worth billions.

http://finance.yahoo.com/q/os?s=CSX&m=2013-08 23.19 Down 0.27(1.15%) Jun 28, 4:01PM EDT
I posted this since I was thinking what will uncle warren do and the hedges on the pipeline issues.

Was looking at the lefts view on a few topics: http://www.huffingtonpost.com/conn-hall ... 95444.html

Some interesting views a few see. http://english.al-akhbar.com/blogs/sand ... syrian-one
There remains the concern that the US's oft-repeated Al Qaeda mantra - “disrupt, dismantle, defeat” - will prove to be its one-stop solution for every problem.

Submitted by sylvestre lilly (not verified) on Thu, 2013-06-27 06:05.
This doesn't make sense as a sudden cause for concern in light of the huge amount of waste practiced by the US military in any of their ventures. Intentional over-reach sounds great from the point of view of a perceived psychological weapon (remember 'shock and awe' and 'surge' propaganda nonsense) that although temporarily granting an advantage of instilling fear of massive annihilation quickly turns to clumsy posturing. The US loves to waste money especially the pentagon, but suddenly it's boo hoo we have to destroy perfectly good ordinance what a waste!. Shame and shame again. Guess who's getting richer? same players that sold and shipped the gear will have to sell it all over again!

Morality of Asymmetric Warfare covers more than a few issues on cost structures as we know. We remember some years ago reading they have no issue tossing millions under the bus
since that was the rhetoric all dismiss and wish to ignore. The taxpayer knows how nasty the business is on all sides......

[Higgenbotham]

The traditional core in banking is regarded as loans and deposits. That is the extent of any future bailout. Proprietary trading will not be bailed out again. The Fed has stated this point-blank to all bankers.

http://armstrongeconomics.com/2013/06/3 ... e-insured/

Wouldn't surprise me if this is right. Though their ephiphany, if it did occur, is too late to prevent the collapse of Western Civilization (in my opinion).

[Marc]

The traditional core in banking is regarded as loans and deposits. That is the extent of any future bailout. Proprietary trading will not be bailed out again. The Fed has stated this point-blank to all bankers.

http://armstrongeconomics.com/2013/06/3 ... e-insured/

Wouldn't surprise me if this is right. Though their ephiphany, if it did occur, is too late to prevent the collapse of Western Civilization (in my opinion).

I do see your cogent logic that the Fed (and most everyone else) is no doubt tiring of having to cover for all the Wild West financial/corporate-entity trading that seems to increase at a geometric rate. However, I think that a good quote in that Armstrong Economics reading you listed is: "Bankers are always scolded in public, but embraced in private." If financial Armageddon seems to be upon us, and there seems to be a way to delay it, we will, I respectfully feel, find a way to delay it. And, given the profound reluctance of the US Department of Justice to prosecute the worst sins of the financial crisis, I see this symbiotic relationship between bankers/corporations and government continuing for a significant while longer if it can be sustained, which I'm betting is the case for at least a few more years (or maybe even a decade or longer).

But, a very interesting perspective is shown by your and others' takes here. Thanks for sharing —Regards, Marc

[Higgenbotham]

Marc, I think Armstrong is possibly plugged in well enough that he heard that from some sources and it really was stated. He shows a few pictures here and there of his past consulting activities and showed some of him and Margaret Thatcher recently. I've been trying to figure out why, when the Fed announced no immediate change in policy, the stock market declined to the extent that it did. The reaction seemed a bit exaggerated to me. But if the Fed really did inform the investment bankers at the same time to get ready for a world where there are no more bailouts the decline would make sense. If Armstrong knows what's next, the first evidence we should see of that is that Corzine will be prosecuted. So I'll be watching for that. From the same article, "The international heat is building about the “UNTOUCHABLES” and if there is going to be sacrificial lamb, it could be Corzine who is criminally prosecuted for the sins of Wall Street. This is the rumor mill behind the scenes for it appears he was even personally trading."

[Marc]

Marc, I think Armstrong is possibly plugged in well enough that he heard that from some sources and it really was stated. He shows a few pictures here and there of his past consulting activities and showed some of him and Margaret Thatcher recently. I've been trying to figure out why, when the Fed announced no immediate change in policy, the stock market declined to the extent that it did. The reaction seemed a bit exaggerated to me. But if the Fed really did inform the investment bankers at the same time to get ready for a world where there are no more bailouts the decline would make sense. If Armstrong knows what's next, the first evidence we should see of that is that Corzine will be prosecuted. So I'll be watching for that. From the same article, "The international heat is building about the “UNTOUCHABLES” and if there is going to be sacrificial lamb, it could be Corzine who is criminally prosecuted for the sins of Wall Street. This is the rumor mill behind the scenes for it appears he was even personally trading."

Higgs, thanks for the additional info, and you know what — if things really did go to hell financially, that might just be the thing that Obama needs to usher in a "New New Deal" and implement some quick, major policy items in jobs, housing, education...maybe just about whatever. However, the bankers/corporations have so much power at this time, I wonder if they would be able to put the fear of God in many members of Congress in order to keep the Fed's largesse coming on strong. At any rate, it's interesting history.... —Thanks again, Marc

[aedens]

http://gdxforum.com/forum/viewtopic.php ... ero#p18040 I agree on our notes and current views shaping in some regional constructs trended:

[Higgenbotham]

There's a lot of interesting information in this timeline but this struck me as strange:

Ecuador has renounced its US trade benefits. Communications Minister Fernando Alvarez told a press conference that the deal had become a "new instrument of blackmail."

"In consequence, Ecuador unilaterally and irrevocably renounces said preferences," said Alvarez.

Ecuador had been pushing for reduced tariffs on hundreds of millions of dollars' worth of trade, according to AP. The US is a key importer of cut flowers, artichokes and broccoli.

The US is a key importer of artichokes and broccoli from Ecuador? We have an unemployment problem, yet we are flying food in.

http://rt.com/usa/nsa-leak-snowden-live-updates-482/

[aedens]

If Americans had a clue in the first place they would not be in this position.

http://news.yahoo.com/blogs/sideshow/uv ... 04442.html

[aedens]

http://www.zerohedge.com/node/475876
Centralization of the means of communication and transport in the hands of the state. Federal Communications Act of 1934