Showing posts with label Bubbles/Crashes. Show all posts
Showing posts with label Bubbles/Crashes. Show all posts

Tuesday, January 19, 2010

The Fed Bernanke & Auditing the FED



Times Square was hit by a flash mob of "homeless" Uncle Sams today, who were there giving the Naked Cowboy a run for his money, asking passerbys if they could spare some change —$12 trillion, to be exact.




No, that’s not a typo. It was a stunt by the Employment Policies Institute, part of their “Defeat the Debt” campaign to try to educate Americans about just how big the U.S. debt is a day before congress is scheduled to begin debate on raising the debt ceiling.

EPI is a nonprofit research organization that studies public-policy issues related to employment growth and the economy.





  • We remember Citi Sandy Weill -- who retired right before the R.E. bubble crash. As historical data and events prove, the Dodd (2007~) - "Senate Banking Committee" is one of the biggest contributors toward massive financial corruption and robbery of Americans and the nation. Greenspan, Bernanke, the banking committee, etc. led America into living hell just similar as a giant drug organization using lies and deception. Greenspan after bubbling up financial markets, repealed the Glass-Steagall act to create R.E. bubble robbing Americans as they knew that American savings were gone into financial markets. What was left is to rob Home Equities. We don't have 100% proof which God knows all the facts, but based on given facts, we can conclude.

Senate Banking Committee Chairman Chris Dodd, dogged by low-approval ratings and headed for anticipated defeat, announced that he won't seek re-election in November.







  • 2009 Was One of Worst Years on Record for Bankruptcies

    U.S. consumers and businesses are filing for bankruptcy at a pace that made 2009 the seventh-worst year on record, with more than 1.4 million petitions submitted, an Associated Press tally shows.

  • US Business Loan Defaults Rise Again: PayNet

    Severe delinquencies by small and medium-sized U.S. businesses on the loans, leases and lines of credit to finance capital equipment rose again in November as lenders remained reluctant to extend fresh financing, PayNet Inc reported on Monday.


  • H.R. 4173, the financial-reform legislation--The Fed global terrorism continues ~ using financial market bubble/crash as proven that in history - mentally, financially, and spiritually.

  • Auditing the FED legislation



    Renewing the Glass-Steagall act



  • The Fed Bernanke hand straight to Treasury




    The Senate Banking Committee repealed the "Glass-Steagall" act causing the trillions swindle bubble/burst scheme. The repeal happened to be strongly pushed by the Citi CEO Sandy Weill. When he saw the housing crash was starting, he resigned before the blame falls.
    • 12.17.2009 Senate Banking Committee Votes 16-7 to Approve Ben Bernanke for Second Term as Fed Chairman

      Senate Vote: The Senate Banking Committee Thursday is scheduled to vote on his renomination in a 9:30 a.m. hearing, a vote that is expected to pass before his confirmation goes to the full Senate in several weeks time.

      Bernanke is expected to be confirmed, but he has his critics, including Sen. Jim Bunning, (R-Ky.), who blasted Time's selection as a reward for failure. Some in Congress have complained about the Fed's approach to the financial bail outs and have called for curbs on the Fed's powers.

      Sen. John McCain (R-Ariz.) said he is leaning against voting for the Fed chairman, and Sens. Bernie Sanders (I-Vt.) and Jeff Merkley, D-Ore. both say they are definitely voting against him.
      http://www.cnbc.com/id/34456169

    • Some Senate Banking Members Oppose Bernanke




  • December 16, 2009

    Bernanke Named Time Magazine's Person of the Year
    Federal Reserve Chairman Ben Bernanke, who helped steer the U.S. economy through its darkest days since the Great Depression, was named Time magazine's 2009 Person of the Year on Wednesday.


    http://www.time.com/time/specials/packages/article/0,28804,1946375_1947251,00.html

    http://www.time.com/time/photogallery/0,29307,1947811_2013195,00.html

    Federal Reserve Chairman Ben Bernanke sat down on Dec. 8, 2009 with TIME managing editor Richard Stengel, Time Inc. editor-in-chief John Huey, TIME assistant managing editor Michael Duffy, and TIME senior correspondent Michael Grunwald for a conversation on everything from the state of the economy to the contents of his wallet. Here is an extended, edited transcript of the interview.



    This explains a significant piece of puzzle to the entire scheme.

    GREENSPAN: Jan 25, 2001: The Maestro's dubious debt warning
    Just days after President George W. Bush took office, Fed chief Alan Greenspan admonished budgeteers about the dangers of -- get this -- too little federal debt.

    "At zero debt, the continuing unified budget surpluses currently projected imply a major accumulation of private assets by the federal government," Greenspan told the Senate Budget Committee.
    http://money.cnn.com/galleries/2009/fortune/0912/gallery.dumbest_moments_decade.fortune/2.html


  • Obviously to control information highway and to spy financial information among other reasons.

  • Greenspan & Bernanke brought hell into USA.
    Greenspan & Bernanke brought hell into USA.




  • Tokyo, Japan (CNN) -- Satoshi Miura crawled into his rented room, dropping his bag in the corner. It didn't take long to get settled -- home tonight is a capsule. The rooms are boxes in this capsule hotel about the size of a coffin.
    http://www.cnn.com/2010/WORLD/asiapcf/01/07/japan.capsule.home/index.html



    Have you moved your money yet?


    http://www.huffingtonpost.com/2010/01/07/move-your-money-movement_n_415326.html











    Monday, January 4, 2010

    BO-the Fed Bernanke

    BO and the Fed Bernanke, in reality, are the bigger, if not the biggests, terrorists for Americans as, in history, Americans are tortured in living or in wars as most of Americans are fooled into - mentally, financially, and spiritually.








    Wednesday, December 23, 2009

    Gold vs USD


    A start of big Shark fights?
    12.23.2009
    Gold traded to 1075 target and bounced off from the low and is trading at 1092.
    Is this a start of big shark fights since many small traders and market participants are gobbled up by big sharks such as J. Paulson. He called Gold rally on 12/3/2009, near at the recent top Gold 1227 on that day. Since then, Gold retraced the parabolic move of 11% of 75% rally since 700 low in Oct 2008. Even though financial markets are painting rosy pictures, we have millions of Americans who are going to bankrupted after their unemployment benefit runs out in a few months. They will probably cash in their retirement plans, if not they already have done it. Even though we have Asian money which big sharks are lurking, Americans are wiped out.


    12.21.2009

    Gold 1092.60 -3.40 -0.31%



    12.8.2009
    • 12.08.2009 Gold 1130 is a pivot, however, as noted daily momentum is negative from a bubble level; therefore, with breaking below 1130, a retest 1070 +/- is mostly like.
    • 12.7.2009 Gold ~ a sign of profit taking for markets?
      Gold bounced off from 1136 retest of the 11/27/09 formation @GC 1158.80 -5.20 -0.45%
    • 12.04.2009 Economic and financial future of Americans and the United States under the Fed Bernanke is conversely shown on the gold prices as we can see on the gold speculation even though Gold price is down today.
      @GC 1162.30 -7.20 -0.62%



    Gold is trading in hyperbole upside momentum since breaking out 1000, and now it is trading near at 1250+/- resistance. The formation and trading pattern is similar as Oil bubble into the 2008 crash pattern. It traded up 300% up since 2002 trading near at 400.

    Gold bubble crash is coming !






    Capitalists & Congress Millionaires http://www.cnbc.com/id/33993791

    Obviously, Congress is a part of the big money swindle along with the Fed Reserve.
    http://www.youtube.com/watch?v=OAgtHmGcLTs




    USD Long ~



    USD Short ~


    Gold bubble crash is coming !












    Wednesday, December 9, 2009

    Market bubble / crash

    Markets rallied 60% since the March low, but we didn't have any correction. Dubai is an example -- not to chase markets. Markets advanced with trillions of portfolio coming into markets at the March low, and because of the size of inflow is enormous compared to the reality of economy as we see high unemployment, markets could not afford to show a correction fading the economic reality. obviously markets have higher risk. SPX PE has risen dramatically since the March low shown on the PE ratio chart.



    What we do know is that she has her job, and Congress could or would modify the bill.


    Only 50% tax on the bonuses?