tag:blogger.com,1999:blog-6492542366661862113.post6690428396464410391..comments2023-10-31T01:32:09.169-07:00Comments on The Housing Time Bomb: Wall St's Bond GameJeffhttp://www.blogger.com/profile/04450070920047311928noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-6492542366661862113.post-25750809889877149382009-08-25T12:59:38.623-07:002009-08-25T12:59:38.623-07:00Peter
Thanks for the video.
Very interesting stu...Peter<br /><br />Thanks for the video.<br /><br />Very interesting stuff.<br /><br />Its going to be interesting to see how this plays outJeffhttps://www.blogger.com/profile/12694642495493981729noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-87421105135712964942009-08-25T12:58:48.038-07:002009-08-25T12:58:48.038-07:00Spectre
We need a modern version of Andrew Jackso...Spectre<br /><br />We need a modern version of Andrew Jackson today!<br /><br />We need someone to lead us out of this mess!Jeffhttps://www.blogger.com/profile/12694642495493981729noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-14962847594400250862009-08-25T11:42:00.693-07:002009-08-25T11:42:00.693-07:00Where is Old Hickory when you really need him?
An...Where is Old Hickory when you really need him?<br /><br />Andrew Jackson: <b>"Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves."</b>SPECTRE of Deflationnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-84278044632273115642009-08-25T08:39:19.481-07:002009-08-25T08:39:19.481-07:00Very interesting post. Wow, it's hard to beli...Very interesting post. Wow, it's hard to believe that bankers would do something like this. If it's true then they are ripping off our government and the taxpayers. Would those nice bankers ever do something so dishonest?<br /><br />Here is a pretty interesting video from a black preacher up in Harlem who is no fan of BObama. His thesis is that the white people are going to rise up and he wants to be on their side.<br /><br /><a href="http://la-gun.com/manning/obama3/" rel="nofollow">Video</a>Peterhttps://www.blogger.com/profile/08899893479880360468noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-18097505346684931692009-08-25T07:30:40.762-07:002009-08-25T07:30:40.762-07:00JD
There was just a great intervies on CNBC(belie...JD<br /><br />There was just a great intervies on CNBC(believe it or not) around your points.<br /><br />They had an analyst on who wants to go back to the gold standard.<br /><br />I plan on having it up tonight.<br /><br />Great thoughts.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-91889224129511625212009-08-25T06:45:01.965-07:002009-08-25T06:45:01.965-07:00or savers and speculators..
nce they started lowi...or savers and speculators..<br /><br />nce they started lowing interest rates at the tail end of '07, it all went south. banks dont need savers anymore, because the reserve system is no longer employed. they just create money out of thin air.<br /><br />savers were forced to close out their CD's and risk their money in the markets. low and behold, the DOW dropped over 50% right as rates dropped. coincidence? i dont think so.<br /><br />therefore, it costs them money to pay interest on savings, yet there's no benefit.<br /><br />they want that money at risk; they want to take away your equity and replace it with debt (i.e. cars for clunkers).<br /><br /> unfortunately, the government wants us in debt or dead; yet many people just dont get that.johndanielshttps://www.blogger.com/profile/12826656236555940567noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-24897524747174415572009-08-25T06:38:44.126-07:002009-08-25T06:38:44.126-07:00wel done jeff, thanks for keeping tabs on the bond...wel done jeff, thanks for keeping tabs on the bond markets, its quite arcane to me.<br /><br />I agree 100% with your sentiment on walll street, its all electronic trading and not based in any way on true fundamentals.<br /><br />where is the traders DOW going? well, IMHO it cost capital to pump a market, yet can cost nothing to short it.<br /><br />sure seems like a set up to me.johndanielshttps://www.blogger.com/profile/12826656236555940567noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-14712093265383861302009-08-24T19:54:51.263-07:002009-08-24T19:54:51.263-07:00Tom
Yep
Now they use our taxpayer money to furth...Tom<br /><br />Yep<br /><br />Now they use our taxpayer money to further enrich themselves...<br /><br />DisgustingJeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-2746812248511851882009-08-24T19:23:13.312-07:002009-08-24T19:23:13.312-07:00Hi jeff
Don't forget how much "profit&...Hi jeff<br /><br /> Don't forget how much "profit" the banks where making in the first half of the decade before they needed to be saved. It is just incredulous.<br />TomTomhttps://www.blogger.com/profile/04641223414745777056noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-24962254411685831882009-08-24T17:47:30.270-07:002009-08-24T17:47:30.270-07:00Do you think these guys read your post first and *...Do you think these guys read your post first and *then* acted? Are you helping the Ponzis, Jeff? Jeff?! :-)<br /><br />Great stuff, as always. The more I see the indices climb, the more I think this mirrors the Great Depression graph in terms of severity and time. And the more scared I get.<br /><br />Back to anecdotal unjustified evidence that nobody reports:<br /><br />1. My newly-graduated and newly-indebted friends have to work at Cheesecake Factory and P F Chang's because nobody's hiring lawyers and doctors anymore.<br />2. In San Antonio, TX there are 100 teachers applying for each open job (which is better than here in CA where we're firing them), according to my mother-in-law who works there.<br />3. Many rental properties in CA offer "free credit checking" (if they even bother) and no-term leases. Which may not sound major to the rest of the country but this is the state where two years ago you'd need a $3000 deposit and 12-month lease for practically anything, and a credit score < 650 would have had you kicked out of the building.<br /><br />On a separate note, I became a US Citizen last week, so at least I'm committed to making things better even if the Oligarchs are trying to enslave us! Thank God for blogs like this where we can take stock of things and take the country back.<br /><br />-- MMJames Bhttps://www.blogger.com/profile/13052914767131527583noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-18294060192352512792009-08-24T16:16:44.601-07:002009-08-24T16:16:44.601-07:00It is sick isn't it? Have a close family memb...It is sick isn't it? Have a close family member that traded bonds for decades. They played the same game in the 70's during the last crisis.<br /><br />The pd's are having a field day. There is plenty of demand for treasuries because investors are so scared. It easy to dump this paper once the auctions close.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-2808396497257002012009-08-24T15:50:35.955-07:002009-08-24T15:50:35.955-07:00Jeff,
this is amazing to me.Jeff,<br />this is amazing to me.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-18935726423127676902009-08-24T15:46:25.453-07:002009-08-24T15:46:25.453-07:00Get
Because the pd's get what's left over...Get<br /><br />Because the pd's get what's left over of the auctions when the other bidders are done buying. Sometimes that's 50% of the auction and they are able grab them cheap because they buy what's left of them. Before the auction closes . Treasures don't rise until the btc ratio is discovered. This rise is where rhe pd's make their spread.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-65692843141964635302009-08-24T15:18:52.023-07:002009-08-24T15:18:52.023-07:00Jeff,
very interesting observation. I would wonde...Jeff,<br />very interesting observation. I would wonder whom in their right mind is continuing to buy the bonds the primary dealers are "picking up on the cheap" and then selling them at a hogher price? Why would those buyers not just buy their stake at the lower price, just as the PD's do? Is that some kind of manifestation of a failed auction fear? If not, I really see no reason for this game to exist, who is getting the short end as the buyers? Interested in your ideas.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-50025997281544515472009-08-24T15:08:06.674-07:002009-08-24T15:08:06.674-07:00Jeff, the sheeples already have torches in their h...Jeff, the sheeples already have torches in their hands. Apparently they thought the next casting for Survivor the reality show is on now.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-39589111370959026612009-08-24T14:43:45.364-07:002009-08-24T14:43:45.364-07:00CT
You sound like you are getting more fired up b...CT<br /><br />You sound like you are getting more fired up by the day.<br /><br />I see torches and pitchforks in your future.<br /><br />I love it!<br /><br />I think word is spreading and the anger is building.<br /><br />Perhaps the sheeple will finally wake up!Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-26009538886325559772009-08-24T14:36:38.710-07:002009-08-24T14:36:38.710-07:00Fuzz, I couldn't have put it better myself.
A...Fuzz, I couldn't have put it better myself.<br /><br />And the royals have the MSM to put their case before the sheeple, who are still largely comatose.<br /><br />For instance, did you know that if you dare to complain about Goldman Sachs, that means that you're anti-Semetic? That's according to the "brain trusts" at CNBC.<br /><br /><br />Please! You'd be lucky to find half a brain amongst all of them!<br /><br />All we, the "royally f'd" can do is write blogs, that we hope that people will read. Talking to them sure as hell hasn't done any good.<br /><br />I've sure found out who my real friend are in all of this.CT-Hilltopperhttps://www.blogger.com/profile/12072957592435260585noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-38202858589855285022009-08-24T14:13:02.272-07:002009-08-24T14:13:02.272-07:00LOL
Thanks Fuzz
I meant to have a final take in ...LOL<br /><br />Thanks Fuzz<br /><br />I meant to have a final take in their.<br /><br />Just added it.<br /><br />LOL either of those two terms will do.Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-55978848153035147372009-08-24T14:05:19.260-07:002009-08-24T14:05:19.260-07:00Suddenly the quick take appeared from the mist.
...Suddenly the quick take appeared from the mist. <br />I would name the 2 remaining classes in America the royals and the royally f'd. AKA the Banksters and the Untouchables.Unknownhttps://www.blogger.com/profile/14395709447255730126noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-70700362787463316042009-08-24T13:54:48.446-07:002009-08-24T13:54:48.446-07:00That was the quickest take ever.That was the quickest take ever.Unknownhttps://www.blogger.com/profile/14395709447255730126noreply@blogger.com