Exactly
Exactly
Somebody needs to rewrite college textbooks for all financial courses.
Traditional finance is dead, officially.
Printing and spending is a new normal.
The Fed can monetize, print, spend and defer debts to infinity. When needed, they would write them off.hno:
Thats basically what Ak has been saying for over 3 years
Dow hits new high !
:lolBIG:
:anichamp4:anichamp4
Why aren't Americans celebrating??
When this fucker blows it's going to be a screamer, only mega-low interest rates and capital controls are holding it together
Repressionomics - can 'financial repression' solve debt crisis?
http://www.bbc.co.uk/news/business-17301032
They don't even allow peer to peer lending in the USA, at least those of us stuck in that Socialist shithole, the EU can get a reasonable return from our money
http://uk.zopa.com/
Strange times
:lolBIG:
:anichamp4:anichamp4
Why aren't Americans celebrating??
When this fucker blows it's going to be a screamer, only mega-low interest rates and capital controls are holding it together
Repressionomics - can 'financial repression' solve debt crisis?
http://www.bbc.co.uk/news/business-17301032
They don't even allow peer to peer lending in the USA, at least those of us stuck in that Socialist shithole, the EU can get a reasonable return from our money
http://uk.zopa.com/
Strange times
That said I'm still net long and we are in bubble mode till further notice ... who kknows how far they take it ... Jut look around the market valuations and stock action getting silly ... But silliness can continue for a while till reality hits... Big cap names like JNJ, GIS, to name a few going up everyday ....
Old guard one party establishment fascists strike back ....
rand got his no answer from holder finally
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John McCain and Lindsey Graham Declare War on Rand Paul
Brian Doherty|Mar. 7, 2013 12:09 pm
rand got his no answer from holder finally
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John McCain and Lindsey Graham Declare War on Rand Paul
Brian Doherty|Mar. 7, 2013 12:09 pm
The anti-Rand Pauls, Sen. John McCain of Arizona and Lindsey Graham of South Carolina, took to the Senate floor this morning to defend killing American citizens at presidential discretion. Graham is doing so live on C-SPAN2 right now, saying that everything you do is a danger to America no matter who or where you are, as long as the U.S. government has decided you have "joined al-Queda," whatever the hell that means.
Earlier John McCain said, as Business Insider reported:
Earlier John McCain said, as Business Insider reported:
"Calm down, Senator," McCain said, in an admonition to Paul. "The U.S. government cannot randomly target U.S. citizens."
McCain argued that Paul's warning that the Obama could target would U.S. citizens in "cafes" on American soil, and his related "Jane Fonda" analogy, bring the debate into the "realm of the ridiculous."
"If Mr. Paul wants to be taken seriously he needs to do more than pull political stunts that fire up impressionable libertarian kids," he said. "I don't think what happened yesterday is helpful to the American people."
The Republican Party is at war, folks, and let's hope Rand Paul and his troops win.McCain argued that Paul's warning that the Obama could target would U.S. citizens in "cafes" on American soil, and his related "Jane Fonda" analogy, bring the debate into the "realm of the ridiculous."
"If Mr. Paul wants to be taken seriously he needs to do more than pull political stunts that fire up impressionable libertarian kids," he said. "I don't think what happened yesterday is helpful to the American people."
