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RED ALERT: FX Dislocation In Process

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posted on Feb, 19 2009 @ 08:02 PM
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reply to post by Rockpuck
 





I would have to say he was right in saying that is essentially how the vast majority (the silent majority) feels..

The great part about it is that they sure weren't silent. As things continue to unravel, expect to see this sort of thing eventually take to the Mall in DC, and eventually to the streets of major cities in the US.

Obama is justi making it worse, with this "Housing bailout", which won't do anything but prevent free markets from correcting the housing market sooner.
You can't FORCE a market to correct.
God, when will governments learn that?
Unfortunately, I'm afraid they won't learn until the entire system is 100% bankrupt.
In the US, we now have the blind leading the blind, when it comes to the financial crisis.
Get this- Alan (The crooked Ex-fed chief) Greenspan now wants to NATIONALIZE the BANKS! Is THAT ironic?

We're cooked!




posted on Feb, 19 2009 @ 08:21 PM
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OK I have not read all pages.

So what's happening?

Are you guys telling me that there is going to be some crazy civil war, and I have to protect my family?

How about UK? Are we safe?

LOL I have never really learned to understand this currency stuff.

[edit on 19-2-2009 by _Phoenix_]



posted on Feb, 19 2009 @ 08:24 PM
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Are we seeing a round 2 tonight?

Bucky is moving up again.

Euro and GBP are moving down again.

Whatever support was there today is coming off



posted on Feb, 19 2009 @ 08:31 PM
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Rock puck you notice the Credit default swaps spreads igniting for Citi, Jp morgan , and the "gang" ............when bear stearns went to 800 (lehman too) some intervention was needed

and then you get China as a coincidence using what leverage they have (i dunno) speaking in political code to make sure taxpayers or someone ensures they are made whole on the the bank toxic debt (that they own as foreign bond holders) if you remember the fannie freddie takeover was done in a way that assured Japanese and Chinese bond holders were made whole......lest they boycott U.S bonds ......boy china is ordering the u.s gov't to bend us taxpayers over .......

and then santelli tries to start a Chicago Tea Party on the Air over at CNBC ......pricelesss but santelli is arguing over the 275 billion mortgage plan ......the bank plan that will requires 3 to 4 trillion bailout of toxic debt held by foreign and connnected bond holders is the real deal .....who takes the haircut ........Should CDS spreads widen ......we will see if these company's go the way of Bear stearns (bond holders made whole, company collapses) (lehman bond holders take a beating, collapse company) or nationalized and ?? and well see what the creditors do if we give them a haircut...........ARe the creditors calling the shots.....will ameircan military intimidate them......good stuff

[edit on 19-2-2009 by cpdaman]



posted on Feb, 19 2009 @ 08:32 PM
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delete
post

[edit on 19-2-2009 by cpdaman]



posted on Feb, 19 2009 @ 10:12 PM
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posted on Feb, 19 2009 @ 10:20 PM
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Originally posted by cpdaman

and then santelli tries to start a Chicago Tea Party on the Air over at CNBC ......pricelesss but santelli is arguing over the 275 billion mortgage plan ......the bank plan that will requires 3 to 4 trillion bailout of toxic debt held by foreign and connnected bond holders is the real deal .....who takes the haircut ........Should CDS spreads widen ......we will see if these company's go the way of Bear stearns (bond holders made whole, company collapses) (lehman bond holders take a beating, collapse company) or nationalized and ?? and well see what the creditors do if we give them a haircut...........ARe the creditors calling the shots.....will ameircan military intimidate them......good stuff

[edit on 19-2-2009 by cpdaman]


I agree. Rick and all of these guys are crying over the 275 billion house plan or the 800 billion stimulus. What about the TRILLIONS given to the banks SO FAR and we arent even done giving them money. We will end up giving them 10+ trillion dollars and yet these people cry about 275 billion. Sad....this is what you call divide and conquer....



posted on Feb, 19 2009 @ 10:42 PM
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reply to post by tjeffersonsghost
 


Rick has been ranting since TARP (EESA). He has been VERY VOCAL about it - over and over and over again.

He is the one person on CNBC who has the stones to call a crap sandwich a crap sandwich and damn the torpedoes



posted on Feb, 19 2009 @ 10:42 PM
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reply to post by redhatty
 




Each time the G20 meets I get nervous. One of these days they WILL call for a new system of economic policy.


Isn't it obvious that a new financial system based on the realities of our world is in order? Again everyone talks about how bad our sytem is and then when they try to change it they holler just as loud. Just about everyone is screwed. The countries that need to reorganize form a much stronger alliance than those that don't. It could be forced upon the world and modeled to be fair for everyone. Someone doing the same job in India, China, Mexico,US or anywhere could expect the same standard of living. That would mean we could have really free trade for the first time in history.



posted on Feb, 19 2009 @ 10:52 PM
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reply to post by tjeffersonsghost
 


I echoed those same sentiments on one of the other threads just now.
It is true.
They have chosen THIS turn of events to make a story out of for a reason. This is a way for them to pit americans against one another, instead of the real villian... The international banking cartels.

I mean, it is just like you said, we have already given TRILLIONS of dollars to the banks, while people said from the very beginning that they COULD just give it to the people that are losing their mortages. It would have cost a whole lot less, but the Chairmen wouldn't have been able to use their bailout cash to buy diamond-encrusted toilets that way...

Either way, this isn't good. This housing plan is sheer folly, but in comparison to what we have ALREADY pumped in (which was straight-up treasonous, btw) it is just a drop in the bucket.

In any event folks, this is starting to look pretty hairy.
If it comes to it, lets give 'em hell!



posted on Feb, 19 2009 @ 11:04 PM
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reply to post by Jay-in-AR
 





I echoed those same sentiments on one of the other threads just now. It is true. They have chosen THIS turn of events to make a story out of for a reason. This is a way for them to pit americans against one another, instead of the real villian... The international banking cartels.

I beg to differ. As redhatty already said, Rick Santelli has been CONSISTENTLY against ALL of the bailouts. He is the "Ron Paul" of CNBC, he speaks for the silent majority of Americans that are fed up with this dastardly attack on what is left of our economy. Every new Bailout Bill brings us one step closer to complete bankruptcy and total chaos. Look at the CPI released today: .8% increase in January, an annual rate of 9.6%
You can't keep printing money without hyperinflation kicking in. It is just the start. As for Americans against Americans, yes, it is occurring, but the two sides are the American taxpayer versus the American politicians. After all, THE"Y are the ones that failed to regulate, conducted no-audit audits of Madoff and other Ponzi schemers, and forced banks to give mortgages to people that shouldn't have had them in the first place.



posted on Feb, 19 2009 @ 11:09 PM
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Yes, I have read that point several times now.
It really matters not. I would wager this is the first time the MSM has given an online poll asking if people would support this man's idea of a revolution!

They are turning this into a story... Interesting that the man calls for revolution.



posted on Feb, 19 2009 @ 11:10 PM
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reply to post by _Phoenix_
 


Honestly Phoenix... learning this stuff isn't that tough... most people just THINK they can't understand it... so they don't try...

I will admit, it does look daunting at first though...

Just dive in man... you'll be ok


oh anyway, no civil war... we're just watching and waiting for the next black tuesday 1929 in here...



posted on Feb, 19 2009 @ 11:24 PM
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Originally posted by Jay-in-AR
They have chosen THIS turn of events to make a story out of for a reason.


Can you show me ONE other time where it was so BLATANTLY said on the MSM that a President's (or admin's) decision was WRONG?

This is a BRAND NEW GAME - have you even heard the change in MANY MSM talking heads after Rick went viral?

It's almost like a group of journalists have decided, advertisers, sponsors, pigmen be damned, we are journalists and we are going to report and opinionate honestly - FOR A CHANGE

Not all, but the change after Rick went viral was a breath of fresh air.

By jove, we might actually end up with real journalists in the media again if Rick does follow through on the Chicago Tea Party



posted on Feb, 19 2009 @ 11:28 PM
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Originally posted by redhatty

Can you show me ONE other time where it was so BLATANTLY said on the MSM that a President's (or admin's) decision was WRONG?

This is a BRAND NEW GAME - have you even heard the change in MANY MSM talking heads after Rick went viral?

It's almost like a group of journalists have decided, advertisers, sponsors, pigmen be damned, we are journalists and we are going to report and opinionate honestly - FOR A CHANGE

Not all, but the change after Rick went viral was a breath of fresh air.

By jove, we might actually end up with real journalists in the media again if Rick does follow through on the Chicago Tea Party


Morality in the media. Sorry to burst your bubble this was all about ratings. The government is pretty unpopular right now so they are capitalizing. This crap people like Ron Paul has been warning about for how long now. It wasnt popular then so people like he and Peter Schiff never got air time. Now that they have been proven right and they are popular they get airtime. Sorry the media is in the entertainment industry. They wouldnt want to be in the business of being unpopular but right.....



posted on Feb, 19 2009 @ 11:32 PM
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reply to post by tjeffersonsghost
 





It wasnt popular then so people like he and Peter Schiff never got air time. Now that they have been proven right and they are popular they get airtime. Sorry the media is in the entertainment industry.

Even if what you say is true, the bottom line is that now people, who never even heard of Ron Paul or Schiff, are now being exposed to those ideas. Isn't that BETTER than keeping them in the dark? Sometimes, "revolutions" just need time to percolate.



posted on Feb, 19 2009 @ 11:38 PM
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reply to post by tjeffersonsghost
 


And maybe, just maybe, Rick Santelli managed to express what most of Americans are feeling in a way they connect with, which is something Ron Paul didn't quite do, nor did Schiff.

By jove, Rick got THE RIGHT MESSAGE OUT THERE and people still want to shoot him down.

Is this a kill the messenger to kill the message movement? Or are you simply not aware that this is exactly the kind of outcome that COULD happen if you bicker about WHY and WHO rather than WHAT WAS SAID



posted on Feb, 19 2009 @ 11:38 PM
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lets just leave it as the media doesnt investigate they propagate.


[edit on 19-2-2009 by tjeffersonsghost]



posted on Feb, 19 2009 @ 11:39 PM
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reply to post by tjeffersonsghost
 


I completely agree with the "extra anger" towards this 270billion home owner bailout.

Ok, we save the banks.. we HAD to, in order to save the economy. We can all agree on this.. Some of us are more hardcore Capitalist and Constitutionalist and support the Free Market. Bad banks should fail, and new ones take their place. Allow the depression to occur. Had they not "bailed" the banks out we would have seen complete economic collapse.

Ok, so we bail out the Auto Industry.. completely against it, but I understand several million jobs where saved (for now?) .. upwards to 2+million american would have lost their jobs. Makes me mad... sure.

So we "bail out" the country with "pet projects" that has no hope to do a damn thing for the economy. Weak tax breaks and some funding to .. finish .. some interior projects. Pisses me off more then the last 2 bailouts, but not as much as.....

Bailing out Home Owners. The idea of it it's self makes me cringe. It's not even a socialist idea, it's a effing COMMUNIST Idea. To take my money, your money, the entire middle class's money, and use it to stop foreclosures on OTHER PEOPLE (per the Gov's discretion) when they did nothing to deserve it? .. They made a bad investment, and they get bailed? .. These dimwitted morons buy houses with monthly payments exceeding 50% of their income and they get bailed out. Some who use their funds to go out on the weekends, buy a new car, and forget about their mortgage? I worked for a mortgage company, quite a bit with foreclosure and Loss mitigation.. and to think some of those ungrateful scumbags are going to be reaping any form of reward from the Government sickens me.

But what can you do.. This administration has it's objectives, and is meeting them at an unprecedented rate.

Soon perhaps they will raise the tax burden on the Middle Class some more, so that we can just subsidize their income since they cannot afford their mortgage payments now, nor in the future.



posted on Feb, 19 2009 @ 11:41 PM
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thanks (thanks also to all the smart people hanging around) to these great discussions, my mind is wandering looking for metaphor to picture these financial scams.

Can we describe the situation as :

"A dead structure in which is artificially injected and artificially moved around [by those that have the means to do so] enormous amounts of money that in reality don't even exist. "
And that
"this manipulations will last until the day that was (or will be) decided to be the day the world economic system crash."

really a gore movie... and we know the end of it ! (but not quite when it is yet... reinhardt ?)



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