Geithner
Economist likens U.S. debt default to “Doomsday”
Business and economics correspondent Rebecca Jarvis reports on the measures taken by the U.S. Treasury to prevent a debt default, which economists predict would be catastrophic.
Duration : 0:3:9
Gross Says Geithner Gave U.S. Debt Limit `Wiggle Room’
May 16 (Bloomberg) — Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co., talks about U.S. budget policy and the debt limit.
Gross, speaking on Bloomberg Television’s “InBusiness with Margaret Brennan,” also discusses European sovereign debt crises and Federal Reserve policy. (Source: Bloomberg)
Duration : 0:13:52
Geithner on Europe Debt Crisis: Political Capital With Al Hunt
May 14 (Bloomberg) — U.S. Treasury Secretary Timothy Geithner talks with Bloomberg’s Al Hunt about legislation under consideration in Congress to overhaul financial regulation and Europe’s financial crisis.
Bloomberg’s Lizzie O’Leary and Hans Nichols discuss the meeting between U.S. President Barack Obama and Afghan President Hamid Karzai, and Supreme Court nominee Elena Kagan. Bloomberg’s Robert Hutton reports on the U.K.’s new coalition government. Commentators Kate O’Beirne and Kevin Hassett comment on the outlook for U.S. mid-term congressional elections. (Source: Bloomberg)
Duration : 0:21:19
FED using foreign banks to monetize debt behind closed doors
Bob Chapman talks about the dirty tricks pulled by Ben Bernanke for the federal reserve to manipulate the dollar
recorded on August 14th 2009
Pressure (Countdown) Toward Breakdown
http://www.kitco.com/ind/willie/aug132009.html
By Jim Willie CB
My best sources of information report that some unexpected deep shocks are coming from USGovt creditor nations. They are simply fed up, frustrated, and astonished at the manner of lost control, spiraling debts, and blatant monetization amidst lies in denial of that same monetization.
The USTreasury auctions now have domestic hidden elements, and global hidden monetization elements. The USFed is purchasing through Permanent Open Market Operations the bonds grabbed by the primary dealers. Some of the auctions are actually underbid, and fortunately for the statistics, the bid/cover ratio includes obligated dealer bids.
The USFed liberally uses its USDollar Swap Facility to enable strong bids by foreign central banks, except that they are highly likely coming from USFed accounts on foreign soil, or else from money lent by the USFed itself. Warning after warning have come not to monetize, not to debauch the USDollar currency, not to permit skyrocketing deficits.
Yet they continue, and worse, little if any reform or actual stimulus has occurred. Mainly what we witness is more channeled funds to the big banks, more coverage of credit derivative fires, and more announcements of bond support. See the $1.25 trillion support for Fannie Mae bonds, aka USAgency Mortgage Bonds.
The Green Shoots have now been dismissed as a marketing ploy. The Stress Tests have now been dismissed as a marketing ploy. The Stimulus Plan has now been dismissed as a marketing ploy. The only USEconomic recovery will be a statistical recovery. A Jobless Recovery is a recovery for stocks and a redemption for the bankers. Main Street continues to be discarded.
As a last footnote, never overlook the continued urgent Chinese initiative to spend their USTBonds quickly, for useful tangible purposes, before any damaging sequence of events occurs. Simon Black (aka the International Man) wrote, I have been spending a lot of time this week talking to my sources in China, one of whom is inside one of the countrys sovereign wealth funds (SWF). He also indicated that the SWF analysts were working around the clock trying to put deals together.
For China it is a race against the clock for how fast they can convert their $2 trillion in USDollar holdings into strategic assets, namely oil and gold. At todays deflated prices, putting together a really good billion dollar deal is a difficult thing to do. Putting together 2000 of them is impossible. Doing it before the dollar collapses? Not a Chinamans chance. And they know it.
Duration : 0:9:46
Market Technical Analysis – Wild Swings Continue As Dollar Zigs Then Zags…Get The Plays Now To $$
InTheMoneyStocks.com breaks out the key technical analysis techniques they have become famous for. They analyze the charts on the market to showcase their technical trend line analysis, price, pattern and time values. By utilizing these methods and not using the common technical tools which almost never work anymore, they are able to call every major and minor market move avoiding Wall Street hype. InThemoneyStocks.com looks at major support and resistance levels on the charts telling their viewers where the market will rise and fall. They talk about major rules that must be learned. Enjoy and come get their premium daily, month, weekly and intra day expert guidance on the markets, gold, oil, us$ and stocks in their premium nightly videos, daily market reports, pro trader watch list, hidden gems and technical tactics. All included in the Research Center for just $49.99/month. Best value and guidance on Wall Street by those that avoid the Wall Street hype! RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 Townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd.
Duration : 0:7:36
WHERE CREDIT IS DUE – song parody from versusplus.com about CREDIT CARDS & THE CRISIS
For HIGH QUALITY: http://www.youtube.com/watch?v=cejBW0EL26M&fmt=18
A musical parody of the Crewe/Nolan song “Lady Marmalade,” about credit cards and the crisis.
Lead vocal: JANIS LIEBHART
Background vocals: ANGIE JARÉE, JANIS LIEBHART, GARY STOCKDALE
Music Director: GREG HILFMAN
For this and many more great political musical parodies, visit VERSUS — where politics and culture do their time in rhyme — at http://versusplus.com.
Duration : 0:3:18
Don’t Panic! Nobody wants UK debt! The beginning of the end…
Mar 26, 2009 – recorded 20:45 GMT
In a slightly better hotel room in Denmark!
City alarm as Treasury fails to sell Government gilts:
http://www.telegraph.co.uk/finance/financetopics/recession/5051738/City-alarm-as-Treasury-fails-to-sell-Government-gilts.html
“One is not amused…” The Queen invites Mervyn King, Bank of England Governor, to palace:
http://www.timesonline.co.uk/tol/life_and_style/court_and_social/article5970954.ece
IMF rescues Romania with €20bn aid while Serbia handed €4bn:
http://www.telegraph.co.uk/finance/economics/5051495/IMF-rescues-Romania-with-20bn-aid-while-Serbia-handed-4bn.html
Something similar is happening in the states…
Geithner gaffe roils markets:
http://www.washingtontimes.com/news/2009/mar/26/geithner-gaffe-on-dollar-roils-stock-bond-markets/
Peace
Duration : 0:2:35
Marc Faber “U S will default on debt or enter hyperinflation” 02-05-09
Need a domain or website for business? Family? Personal? http://www.DomainSolutions.ws
Letter to my Senators: http://educationalrevolution.wordpress.com/2009/02/07/letter-to-my-senators-regarding-the-socialist-spending-package-aka-the-stimulus-plan/
Marc Faber on U.S. debt and Economy
www.campaignforliberty.com
www.jbs.org
www.trueworldhistory.info
www.endthefed.us
www.restoretherepublic.com
Duration : 0:2:44
Kucinich: the Federal Reserve is paying banks NOT to make loans to struggling Americans!
Tuesday, 21 July 2009
U.S. Congressman Dennis Kucinich (D-Ohio, 10th District) questions Neil M. Barofsky, the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), testifying before the House Committee on Oversight and Government Reform, about interest payments made to banks that keep their TARP funds and other government (taxpayer) bailout money with the Federal Reserve, instead of making loans to struggling Americans (the original intent of the TARP, remember?) The Fed makes generous interest payments to the banks for “parking” their “excess reserves” at the Fed.
And guess who will end up paying for this “interest” given to the banks, and everything else? That’s right, you and me, John and Jane Q. Suckers!! The dumb, fat sheep!
By the way, Neil M. Barofsky is a good guy here — don’t beat up on him. He’s in immediate danger of losing his job (if not his life) becauses he’s revealing too many of the Temple’s dark secrets. Barofsky deserves our full support.
You can download Special Inspector General for the Troubled Asset Relief Program (SIGTARP) reports,testimonies and audits at sigtarp.gov. The July 20th, 2009 report, “SIGTARP Survey Demonstrates That Banks Can Provide Meaningful Information On Their Use Of TARP Funds,” is esecially interesting and can be downloaded at
http://sigtarp.gov/reports/audit/2009/SIGTARP_Survey_Demonstrates_That_Banks_Can_Provide_Meaningfu_%20Information_On_Their_Use_Of_TARP_Funds.pdf
Duration : 0:5:48
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