Entries from October 2009

October 30, 2009

The Goldman Sachs Derivative Beast Report For Congress

Goldman Sachs just released a report to Congress which begs our Representatives and Senators to do absolutely nothing to stop the looting and destruction of all banking systems by a gang of vampiric gnomes.  Below is a section of this report and my analysis of what is really going on.  When dealing with criminals and [...]

October 29, 2009

Japan’s ZIRP Black Hole Expands To The US, EU And UK

As the EU, UK and US fall into the Japanese ZIRP death trap, all three are wondering why ZIRP doesn’t fuel lots and lots of lending.  Well, why bother lending any money if you can’t make much profit from it?  After all, playing commodities markets is bringing in much more loot!  Ask Goldman Sachs about [...]

October 29, 2009

Story Of Very Sudden H1N1 Child Death

The H1N1 flu continues to kill young people.  Far from dropping, the numbers are rising.  What is particularly horrible is how suddenly a thriving, young person can go from being ‘normal’ to suddenly dying….this is no joke.  This isn’t some dissatisfied cheerleader who gets a shot and then can run backwards.  These are DEAD CHILDREN. [...]

October 28, 2009

US Bond Sale Rip Offs Continue Unabated

Money is money but credit is liquid.  This is why we talk about liquidity levels when discussing banking businesses.  And being liquid, it flows with gravity and of course, if a bunch of banking gnomes are busy digging ditches to divert profits from credit creation, we get very rich bankers and a very poor public. [...]

October 26, 2009

ETF Markets Shoot Upwards Driving Up Commodity Prices

Economics is not a science.  It is history.  And like all history, is open to interpretations.  Science has the concept of blind testing of hypothesis.  Economics has only one test: does civilization survive?  Whenever a civilization collapses, we have to look at why this happens. Nearly always, it is due to political and economic factors [...]

October 24, 2009

Mumps Reappears In Brooklyn

The H1N1 flu situation is a complete mess.  Obama has just declared an emergency yet I can’t get the vaccination for my son!  This ticks me off no end but then, the US isn’t producing much of the vaccinations being used.  These come from foreign nations, naturally.  Also, I talk about the amazing cheerleader who [...]

October 24, 2009

Goldman Sachs Eats Tax Money While Giving No Service At All

The greatest economic heist on earth was the imposition of the floating fiat currency/free trade/no taxes on the rich regime.  This trio of trouble is at the heart of the present Great Depression.  True, some numbers are looking up somewhat. But the fundamental problems, especially the Derivatives Beast, are not fixed at all.  Indeed, these [...]