Showing posts with label QE2. Show all posts
Showing posts with label QE2. Show all posts

Monday, November 8, 2010

FRAUD and THEFT right in your face, sanctioned by your Government

http://market-ticker.org/akcs-www?post=171609

America, is this really what your willing to stand for, as the rule of law in this country?
The persecution of treason must be enacted for any government official that does not come out right and demand the arrest and prosecution of the cabal, that has chosen to over look these crimes as just a paperwork mistake.
Even the dumbest American can understand after watching this, that a well thought out plan was in progress from beginning to end by the mortgage investment banking industry, formerly known as the Wizards of Wall Street.
This ladies and gentleman was NOT God's work, but the work of the Financial Mafia, and QE2 is another extention of the coverup of their crimes!
LETS ROLL AMERICA!
Because either this plane is going down, or "WE" all do!


Here Come The Depositions

Gee, there's nothing wrong here with this sort of signing of documents, right?



About 30 minutes worth..... repeated admissions that she's signing as a "witness", but she never actually witnesses anything - she's signing documents as a witness that she never witnessed. (10:00, roughly, first video, and right in the front of the second video, and well into it....)

Naw, there's nothing wrong with submitting hundreds (thousands?) of documents to a court in which you claim to have witnessed a signature when you really didn't......

It's also ok that a person who has such limited knowledge of the English language that they do not understand what the words "For good and valuable consideration" means when signing as a witness. Or, for that matter, what the words "effective date" mean. Yes, really (~4:00 to 5:30, second video.)

It's also ok that this person's signature has been scanned into a computer and used as if an original?

It's ok to testify that you never sign as a "Vice President", then you're shown a document where you have indeed signed as a Vice President.... of course, the problem here is that she doesn't understand and read enough English to know what she's doing - she's simply been paid to sign her name anywhere it appears. (~7:00 into the second video)

This is what passes for due process of law in this country. These are "technical deficiencies" in paperwork.

We don't actually have companies exploiting immigrants to this nation who have extremely-limited understanding and comprehension of the English language to utter documents attesting to false facts, right?

This most-certainly is not evidence of an organized conspiracy to defraud the courts, defraud the people, and steal homes, right?

How much more of this crap will we tolerate America?

The Disease That Is America

http://market-ticker.org/akcs-www?post=171582


PT Barnum once said there was a sucker born every minute. That was a long time ago, and it would seem that the suckers, having no one else left to procreate with except themselves, have now left the nation utterly incapable of realising the depths of the rational thought process.
Karl proves this point perfectly, or rather I should say the comments on Karl's blog have.
Not one comment stated, what should have been the obvious, that Palin, as well as the rest of the Tea Party, have left out of their political platforms.
The over taking of "OUR" Nation and the enslavement of "OUR" people through the economic art of embezzlement, by the actions of Ben Bernanke for the further empowerment of the Federal Reserve, or by Timothy Geithner's misuse of the United States Treasury for furthering the agendas of his honorary governorship of the IMF.
All the tits and ass in the world will not be distraction enough for what Ben and Timmy have done and are now currently continuing to do, through the process of QE2, for the total debasement, of any type of buying power for the dollar.
Starvation can be a real eye opener, but by then it will be to late to do anything about it.
America you must ban together and take back your nation now, or there is NO FUTURE for you or your children, other than that of Zimbabwe, where a loaf of bread, if you can afford it, cost 10 thousand dollars.


My my my, what lovely sheep you are.

Last night I posted a commentary that Sarah Palin will be delivering today.

She, like all modern politicians, reads from a teleprompter. Wow. I'm impressed. For the record, in all of my public-speaking engagements, I've never used one. Even when it was offered. I don't believe in them.

20, 30, 40 or more years ago, there wasn't one. I will sometimes bring a set of cue cards with me to the podium, and others have historically done that as well. In my view, if you can't orate from your mind, you can't orate. Anyone can stuff a suit or a blouse - witness the bubbleheads on TV every day.

Are you selling your words? Or are you selling your **** - or penis?

(Get over it folks - sex sells and always has. When was the last time you saw an ugly TV news anchor?)

Nonetheless, I want to focus this commentary on the responses to that Ticker.

They're not only sad, they're a reflection of us. Some short excerpts:

Thursday, November 4, 2010

Central Bank Treads Into Once-Taboo Realm .

http://online.wsj.com/article/SB10001424052748704805204575594833095922308.html?mod=WSJ_business_EconomyNewsBucket

And where does the FED get this money from to lend to the US Treasury?
Why out of thin air, but they still make interest on it.
Does that make sense to you?
Why doesn't congress just make up money out of thin air and cut out the FED as the middleman.
Just think of how much money "WE" could save when it comes time to refinance it.
It's not only time to cut back kids, it's time to cut out.
If "WE" just let the bankers go to prison for the various levels of fraud that they've committed in the mortgage industry, "WE" wouldn't even need QE2, since the only people it will actually help is the Bankers.
It creates no jobs what so ever and the taxpayers have to pay it back.
The Central Bank makes big bucks off the government's fiscal misfortunes, due to it's inability to cut back it's spending.


The Federal Reserve will print money to buy nearly as much U.S. Treasury debt in the next eight months as the U.S. government will issue.


.The Fed's decision this week to buy $600 billion more of U.S. Treasury debt is setting off a debate about the risks of a central bank entwining its policies so tightly with the government's fiscal fortunes. The Fed is essentially lending enough money to the government to fund its operations for several months, something called "monetizing the debt."

In normal times, this is one of the great taboos of central banking because it is seen as a step toward spiraling inflation

QE2 and the Federal deficit

http://market-ticker.org/

One plus one is two.
So if we average another 1.62 trillion next year for the federal deficit,
and the QE2 damage of $1,560 billion, or 1.56 trillion when converted into it's lowest proper form, the additional extra damage that will be added to the Nation Deficit will only be another mere 3.18 trillion.
Now add that, to yesterdays total $13,742,152,458,274.
Rough guesstimate: 17 Trillion




Government Debt And Deficit Update:
October is now in the books from a Treasury perspective

We borrowed $107.2 billion more last month. This follows $112 billion in September, and brings the total thus far for this calendar year to $1.357 trillion.

This is a run rate of $1.629 trillion for the year.

TBAC Results - READ THIS (QE2 related)

The TBAC (Treasury Borrowing Advisory Report) is usually quite dry and boring.

Well, it is this time too.

Except for one small piece....

The presenting member stated that the market expects the Federal Reserve to purchase $100 billion per month, as well as $30 billion per month in MBS reinvestments. This will total $1,560 billion in Treasury purchases over the next year. The member stated, however, that market participants believe the Fed will leave the status of QE2 open ended, with purchases ultimately dependent on economic conditions. The presenter also noted that the program should last six months to two years.

Tuesday, November 2, 2010

Suicide is painless or is it?

http://www.zerohedge.com/article/guest-post-suicide-painless

Check the graphs.
This isn't suicide, it's intentional murder.


Dwight D. Eisenhower warned us about the military industrial complex in 1961:

“In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.”

The fact that the US currently spends 7 times as much on Defense as the next nearest country is proof that the military industrial complex has gained unwarranted influence and a disastrous rise of misplaced power has occurred.

U.S. DEFENSE SPENDING

Wednesday, October 27, 2010

A Paralyzed Fed Defers Decision On Monetary Policy To Primary Dealers In An Act That Can Only Be Classified As Treason

http://www.zerohedge.com/article/paralyzed-fed-defers-decision-monetary-policy-primary-dealers

I think it's safe to say the FED has no idea of what it's doing.
The reason being, that it has to ask the investment banks how big QE2 should be and how often they think it should be monitored.
Or maybe they're just taking an order for the next catered event in the "to big to fail" investment banking series.
I seriously guess they are to big, since it looks as though they're are running the show.
Hell they don't even bother to hide it any more.


the New York Fed has issued a survey to Primary Dealers, which asks for suggestions on the size of QE2 as well as the time over which it would be completed. It also asks firms how often they anticipate the Fed will re-evaluate the program, and to estimate its ultimate size. This is nothing short of a stunning indication of three things: i) that the Fed is most likely completely paralyzed due to the escalating confrontation between the Hawks and the Doves, and that not even Bernanke believes has has sufficient clout to prevent what Time magazine has dubbed a potential opening salvo into a chain of events that could lead to civil war: in effect Bernanke will use the PD's decision as a trump card to the Hawks and say the market will plunge unless at least this much money is printed, ii) that the Fed is effectively asking the Primary Dealers to act as underwriters on whatever announcement the Fed will come up with, and thus prop the market, and, most importantly, iii) that the PDs will most likely demand the highest possible amount, using Goldman's $2-4 trillion as a benchmark, and not only frontrun the ultimate issuance knowing full well what the syndicate of 18 will decide in advance of what the final amount will be, but will also ramp stocks on November 3 to make the actual QE announcement seem like a surprise. This also means that the Primary Dealers of America, which include among them such hedge funds as Goldman Sachs, such mortgage frauds as Bank of America, such pathological liars as Wells Fargo, such insolvent foreign banks as Deutsche, RBS, UBS and RBS, and such middle-market excuses for banks as Jefferies, are now in control of US monetary, and as we explain below fiscal, policy.

Monday, October 25, 2010

Dollar at Risk of Becoming 'Toxic Waste': Charts

http://www.cnbc.com/id/39828427

14% less buying power in the last 2 months.
When Ben puts out QE2, the dollar won't be worth a plug nickel.
Like I said Ben doesn't give a damn if you eat, as long as the stock market stays green.

"The dollar is being trashed, we've actually had effectively devaluation of about 14 percent in the last two months," Griffiths said.

His view is contrary to that of HSBC foreign exchange strategist David Bloom, who told CNBC that a continuation of the currencies war after the G20 might put pressure on risky assets, causing a flight to safety into the dollar.

The

Sunday, October 24, 2010

Here We Go Again..... Dollar Debasement

http://market-ticker.org/akcs-www?post=170185

Now do you believe your government has absolutely no control over the banks and the Federal Reserve?
They will have made a conscious decision to just let you starve, by allowing the FED to cater to Goldman's needs.
And they are needs, the banks need to get those unstable assets that they didn't really commit to the MBS investors out of their hair.
The FED itself is demanding that the banks buy them back because they're not a legally sound material as well as go against the written rules of the being eligible to be considered a viable MBS.
Goldman wants the FED to buy away their Fraud and embezzlement charges, in an out of sight out of mind kind of way.
From the President on down, they continue on with the false story of "there's really no problem here" when the fraud and embezzlement is so blatant that the banks themselves are admitting to it in sworn statements to the court.
It's past time to take our country back from these criminals.




Goldman came out with a report basically demanding (you know how these guys are) $4 trillion in money printing - so says the FX chatter and Zerohedge.

The result? The dollar took an instant header, down more than a 1/2% this evening alone.

How about the price of some of the things sensitive to threats of monetary debasement? These are all price changes since the futures started trading this evening - that is, they're six hour changes in price. These are all things you need to buy, either directly or indirectly.

Oil, up 1%.

Wheat, up 1.49%.

Corn, up 2.05%. (Oh yeah, and ethanol on your gas will soon be mandated to be 15%, not 10%.)

Soy, up 1.5%.

Rough Rice, up 1.51%.

Oats, up a stunning 4.27% (!)

Cotton is lock-limit up 500 ticks. To be fair there's a crop disruption related to Cotton, which is adding to the problem. Dollar debasement, of course, isn't helping.

Remember, these are all soft commodities we produce right here at home. These aren't import prices, they're home-grown products (excepting oil, of course.)

And they're moving - at anywhere from double to eight times the devaluation in the dollar.

The stock futures, of course, are skyrocketing, with the Dow futures up nearly 100 points. After all, everyone loves the market impact of you going broke trying to buy food - especially if you're not rich, and most of America isn't.

This is all quite impressive. And what's even more impressive is that Bernanke and our government will, of course, claim that there is "no inflation", because they don't count the rise in the price of food or energy - even though every person in America has to buy those things.

Bernanke's "inflation target" of 2% a year was just met - literally - in less than six hours.

But don't expect him to stop.

He's will do this every day for the rest of the year, and into next year.

He won't stop unless someone removes him from office.

And there is no indication that anyone is going to do that.

Remember, both the Republicans and Democrats love Ben Bernanke. Obama renominated him and both Republicans and Democrats have lauded him for allegedly "saving us from a second Depression" - even though it is now clear that he knew what the banks were doing and he lied to both Congress and The American People about it.

That is, the truth is that he helped the banks CAUSE the Depression we are in right now. In a just world and a nation of laws he'd be serving a life sentence breaking rocks.

We don't live in that world, and if you're not wealthy, you're screwed - on purpose - by these very people.

All you can do, America, is bend over and a find a stick for your teeth.

Wednesday, October 20, 2010

Will the Federal Reserve cause the next Civil War?

http://curiouscapitalist.blogs.time.com/2010/10/19/will-the-federal-reserves-next-meeting-lead-to-civil-war/

Between foreclosure-gate and QE2 the American taxpayer has had enough of suplementing the life styles of the rich and famous.
I do believe unless "WE" see arrests being made in the foreclosure scandle there is a HUGE probability of civil unrest.
America at this point only recognizes the FED's actions for what they are.
The bailout buddy bonus, just because they can, will, and have.

What is the most likely cause today of civil unrest? Immigration. Gay Marriage. Abortion. The Results of Election Day. The Mosque at Ground Zero. Nope.

Try the Federal Reserve. November 3rd is when the Federal Reserve's next policy committee meeting ends, and if you thought this was just another boring money meeting you would be wrong. It could be the most important meeting in Fed history, maybe


Chairman Ben Bernanke has indicated in recent speeches that the central bank plans to try to drive down already low-interest rates by buying up long-term bonds.


So it seems clear what the Fed is likely to do. How the economy, the militias and the rest of us react is up in the air. The count down is on. T minus 15 days to Fedamageddon. See you there, hopefully.



Read more: http://curiouscapitalist.blogs.time.com/2010/10/19/will-the-federal-reserves-next-meeting-lead-to-civil-war/#ixzz12uX7Awe2



That being said, civil war, probably not. "It is a gross exaggeration," says Allan Meltzer, who is a top Fed historian at Carnegie Mellon. "I cannot recall ever learning about riots or civil war even when the Fed made other mistakes."

Read more: http://curiouscapitalist.blogs.time.com/2010/10/19/will-the-federal-reserves-next-meeting-lead-to-civil-war/#ixzz12uWMB200

Friday, October 15, 2010

More Heroin Please

http://market-ticker.org/akcs-www?get_gallerynr=404

Scary look at the chart

The dollar? Well, you can see what the dollar thinks of this:



But Charles Hugh Smith adds to the problem that I've outlined - and QE-anything isn't going to fix a damn thing because the problem is a rot in the middle of the banks' balance sheets, which can only be fixed by forcing them to eat it - and that will bankrupt them:

Either there is due process of law or you have a kleptocracy/"banana republic" oligarchy. At present, that is the decision we face as a nation. If the banking Elites and their partners in the Central State (Fed and Treasury) are allowed to "win" and gut the property laws of the states, then the U.S.A. will be revealed as a kleptocracy/"banana republic" oligarchy.

If state laws are upheld, then the "too big to fail" banks are insolvent and they will fail. Then the question of kleptocracy arises once again: will the banks be allowed to fail as per Classic Capitalism, that is, their owners and managers will have to absorb the losses of that bankruptcy/failure, or will the Central State use its powers to collect taxes and cover the private losses of the Bank/Financial Power Elites? Privatizing profits and socializing losses has been the entire game plan since the global house of cards collapsed in 2008.

It's decision time, citizens. Either the banks/Central State "win" and we are a kleptocracy/ "banana republic," or they lose and the U.S. mortgage/ banking sector implodes and is either formally socialized (i.e. owned lock, stock and barrel by the Central State) or rebuilt from scratch without big banks, Federal guarantees and the Fed's incestuous interventions. ("We create the credit that enables the mortgage, you issue the mortgage, and then we buy the mortgage.")

There is no "fix" or half-measure that can patch this over now.

Yep.