Monthly Archives: October 2010
Nearly All Mortgage Default Documents Were Forged
ΩΩAll banking systems depend on very ancient practices and principles which developed often hundreds of years ago. One very, very, very important element is face to face identification of all parties so they know exactly who each is and what … Continue reading
Filed under .money matters
Wunderkinds Who End Up Vodka Drunks
ΩΩLast week, a former Wunderkind who was once featured in a CNN story about kids who earned huge incomes programming for computer corporations, asked me to intervene in his downward spiral to an early death. His good fortune led … Continue reading
Filed under .money matters, Free Trade, gold, Politics, religion
74 Yen To Dollar By Next Year Scares Japan To Death
ΩΩThe entire concept of a floating fiat currency with no gold basis for international trade was, whenever a nation ran a trade deficit, they would see the value of their currency fall and thus, be ‘self correcting’. It didn’t work … Continue reading
Filed under .diplomacy, .money matters, Free Trade, Politics
IMF World Report Peers Into ZIRP Death Pit
ΩΩThere are all sorts of fairy dust solutions to the intractable problems caused by gross credit bubbles and a free for all pirate banking and trade system. One really favorite fairy dust solution is to have free lending in a … Continue reading
Filed under .money matters, Free Trade, gold
Dying Dollars Turn Trade Wars Into Currency Battles
ALFRED: ALFRED GraphΩΩ100% of the efforts of all other central banks is to keep the dollar strong no matter what. This is done 100% for export profits. This system began in 1972 with the floating currency regime which displaced the … Continue reading
Filed under .money matters, Free Trade
Obama Loses Seal Of Approval
ΩΩWhile speaking at a Fortune magazine gathering of rich women who cheered him greatly, Obama says, ‘It means more exports and…skills match up…for the future…We cannot sustain…oops!’ when the Presidential seal falls. He is happy and relaxed in the company … Continue reading
Filed under .money matters, energy, Free Trade, gold, Politics
Japan’s ZIRP Death Hole Sucks In Many Countries
ΩΩAs I predicted more than once, Japan is the Great Black Economic Hole which would suck down all other nations into this ZIRP hell hole. The Japanese focus mainly on creating a weak currency, exporting and ruthlessly eliminating all traces … Continue reading
Filed under .money matters, Free Trade, gold
