Living the lie

globaleconomicanalysis.blogspot.com...

Talk about pulling on a rubber band. Complete and total bull#.

==

"New Rules and More Lies Hide Cancerous Commercial Real Estate Loans

Commercial real estate is blowing up so what do regulators do? The answer of course is to come up with new rules and regulations that will allow banks to ignore losses."

THE LLOYD’s Prayer
Our Chairman,
Who Art At Goldman,
Blankfein Be Thy Name.
The Rally’s Come. God’s Work Be Done
On Earth As There’s No Fear Of Correction.
Give Us This Day Our Daily Gains,
And Bankrupt Our Competitors
As You Taught Lehman and Bear Their Lessons.
And Bring Us Not Under Indictment.
For Thine Is The Treasury,
The House And The Senate
Forever and Ever.
Goldman.

Source:
www.ritholtz.com...

reply to post by silent thunder

That is truly awesome, hilarious, and sadly true.

An economist at a fairly large investment firm today said forget
Dow 11,000 and start thinking about Dow 5k or 6k based on
fundamentals.

I tend to think he is right, but will the PPT just step in ?

Will we see a never ending progression of bail outs devaluing
the currency to the same point that 34 other nations saw ???

The 34 instances of hyperinflation in the past

We are on the road to financial hell unless you have hard assets.

The details varied over the 34 times, and I am sure this time
will be no different, but a real big crash is just a matter of time.

Originally posted by Ex_MislTech
reply to post by silent thunder

 

That is truly awesome, hilarious, and sadly true.

An economist at a fairly large investment firm today said forget
Dow 11,000 and start thinking about Dow 5k or 6k based on
fundamentals.

I tend to think he is right, but will the PPT just step in ?

Will we see a never ending progression of bail outs devaluing
the currency to the same point that 34 other nations saw ???

The 34 instances of hyperinflation in the past

We are on the road to financial hell unless you have hard assets.

The details varied over the 34 times, and I am sure this time
will be no different, but a real big crash is just a matter of time.

www.businessinsider.com...

Thx Ex_MislTech:

Here's another piece today from Rosenberg on why the Fed will be on hold until at least 2011.

That said, he fails to address the fact the Fed does not control the bond market, the bond market controls the world, and much if not most of these refinancing rates will be based upon rates determined by the bond market, not the Fed.