Wednesday, June 10, 2009

Low trading volume manipulated markets

This market is going insane driving up markets in low trading volumes. It only means either:

1) criminal greeds are running markets, or
2) insanity is running markets

Of course, a combination of the two is worse that that would be the case as we can see over the decades of financial market actions.

Any sane mind would be tired of price insanity with running up 9 trillion deficit in a year - 2009.

All who have any rational mind should be astonished and revolted by the fact that we are completed swindled by the insanity robbing our country and millions of Americans with massive deception -- as we can see the deterioration of millions who are having financial crisis and the fast paced escalating national debt.

It is insanity -- let's not fall into the big deception and the false hope which is destroying many.

Markets were running up in low volume in which only insane people would chase this kind of markets, N/A daytrading.

Detrimental Debt spending economy

Obviously, markets want to fool as many and fast as it can before many realize what is happening.

Authorities 'Will Fail Us Again': Black Swan
| 10 Jun 2009 | 08:34 AM ET

The Obama administration's attempts to fight the financial crisis with more cash is like treating a bad tooth with Novocain instead of a root canal, Nassim Taleb, author of "The Black Swan," told CNBC Wednesday.

The main problem is the level of debt, and Taleb compared the authorities' efforts with those of a not very skilled pilot who is trying to land a Concorde on a narrow strip, between an ocean of deflation and a mountain of hyperinflation.

"These people failed us, they're going to fail us again," Taleb told "Squawk Box."

"They tell the banks to lend more but have less leverage," and expect people to go out and consume while unemployment is rising, he added.

"The way to restart everything is restructuring, conversion of debt into equity, convince people that debt is not good," Taleb said.

"Do not delay a root canal," he added. "Don't do piecemeal solutions to a problem that is fundamental."

"The solution is there, convert debt to equity. Usually it happens with Chapter 11, let's do it faster, and across the board," Taleb said.
# Slideshow: The World's Biggest Debtor Countries
© 2009 CNBC.com

URL: http://www.cnbc.com/id/31203621/

Tuesday, June 9, 2009

Monetary Policies of mass financial destruction of many




Monetary Policies of financial mass destruction of many by using bubbles/crashes
Repeat Bank Stress Tests 'Right Now': TARP Panel Chair
| 09 Jun 2009 | 08:23 AM ET

The Congressionally-appointed panel overseeing the Troubled Asset Relief Program (TARP) recommends running again the stress tests on US banks, as economic conditions have worsened, its chair, Harvard University professor Elizabeth Warren, told CNBC Tuesday.