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...Stocks pared gains after German Finance Minister Wolfgang Schaeuble said euro region governments have no intention of raising the European Financial Stability Facility's volume above 440 billion euros. The fund, once approved by parliaments, will be employed in an “efficient” way, Schaeuble said in an interview with N-TV television...
posted on 25-9-2011 @ 10:44 this post
RE: perhaps the DOW will exhaust itself and become valueless...
but another Market place will have to be created so that the game can continue,
i would suggest that the FOREX and a Derivatives market would be the offering...
see, right now the FED & the FASB instructs the 'banks' to keep Two Sets of Books...
1: one which includes all the banks 'dark' Derivatives/Swaps/MBSs/ and other casino paper which is backed at way less than 1¢ on the dollar
2: another set of books which reflects the legitimate side of the 'commercial' liquidity of the 'bank'
these banks operate in a fraud-zone of being a hybid Investment-&-Commercial bank at the feet of the FED and the 'shadow government' cartel of various powerful megacorporations
so, yes the system is trying to self perpetuate ...by sluicing funds to cover the hidden debt the worlds finance wizards are creating (illegally) amongst themselves ...we the taxpayers will continue to pay monies and be stripped of our liberties - by forceably paying tribute into that system which attempts to fund the bankers needed collateral & reserve requirements needed to legally issue those naked Derivatives & other toxic paper...
the fed, the Treas, the USA financial cartel...keep paying one another fees & profits for all those taxable transactions...which is ultimately funded by the tax-payers who might get to hold some $15 Trillion
held in bad mortgages by our Fannie Mae & Freddie Mac
i hope i can squeeze by with my ira until 2014-16, right before the Treas/IRS seizes all the populations 401-k's
and other IRAs of individual health or retirement accounts...monitors & confiscates all PM resources/assets in the same timeframe..
.Dystopia is right around the corner friends
As it will be in the future, it was at the birth of Man
There are only four things certain since Social Progress began.
That the Dog returns to his Vomit and the Sow returns to her Mire,
And the burnt Fool's bandaged finger goes wabbling back to the Fire;
And that after this is accomplished, and the brave new world begins
When all men are paid for existing and no man must pay for his sins,
As surely as Water will wet us, as surely as Fire will burn,
The Gods of the Copybook Headings with terror and slaughter return!
U.S. stocks indicated higher as investors assess Europe's efforts to solve sovereign-debt issues.
Originally posted by Agent_USA_Supporter
Stocks today again Rose all based false hopes this getting ridiculous.
The proposals would revise the existing market-wide circuit breakers by:
-Reducing the market decline percentage thresholds necessary to
trigger a circuit breaker from 10, 20, and 30 percent to 7, 13, and 20
percent from the prior day’s closing price.
-Shortening the duration of the resulting trading halts that do not
close the market for the day from 30, 60, or 120 minutes to 15 minutes.
-Simplifying the structure of the circuit breakers so that rather
than six there are only two relevant trigger time periods — those that
occur before 3:25 p.m. and those that occur on or after 3:25 p.m.
-Using the broader S&P 500 Index as the pricing reference to
measure a market decline, rather than the Dow Jones Industrial Average.
-Providing that the trigger thresholds are to be recalculated daily rather than quarterly.
Be afraid. Be very afraid. Especially after 3:25 pm.