Various and Sundry Quotes of Substance

February 27, 2010

Unofficial Growth of Problem Banks

The number has grown by almost 66% (from 416 to 702) since early August 2009 – even with all the bank failures last year (failures are removed from the list).
by Calculated Risk

Quote du jour, c/o Barry Ritholtz

Those so-called adults who fuss about short sales are really silly. What competent grown-up would short a stock after – that’s after – it has fallen 10%. Don’t these people understand how the stock market works?

Selling short on an uptick is sound, to say nothing of having been tried and true for decades. What in the world is dangerous about that? When these same bureaucrats let them play in the derivatives daisy fields to their wallets content.” –Justin Mamis

[ The Big Picture]

Also read:

Short Selling Restrictions “A Great Indicator of Imminent Market Crashes” [ Mish ]

US National Insolvency

All this talk about ‘free markets’ and the virtues of ‘private market disciplines’ go out the window should the actual discipline of markets impose losses on these institutions.
Marshall Auerback

Obama’s speeches all starting to sound the same? Only one thing will help you get through it…ladies and germs, it’s time again to plaaaaaay Bullshit Bingo!!!! [ nakedcapitalism ]

Restored our reputation
Strategic fit
Let me be clear
Make no mistake
Back from the brink
Signs of recovery
Relief for working families
Accountable (or held to account)
Free market

Religion is an instrument of the devil.


Ellen Brown visits Max Keiser

February 27, 2010

Ellen Brown is the author of Web of Debt.

“In Web of Debt, her latest book, she turns those skills to an analysis of the Federal Reserve and “the money trust.” She shows how this private cartel has usurped the power to create money from the people themselves, and how we the people can get it back.”

Steve Keen visits Max Keiser

February 25, 2010

Boiling Over

February 19, 2010

Frustrated Owner Bulldozes Home Ahead Of Foreclosure [ Text+viddy ] [ viddy ]

Austin Suicide Pilot Joe Stack Burned His Home, & Possibly Planted Bomb At Airport [ Faux nooze ] [ Manifesto ] [ Statesman ]

I learned that there are two “interpretations” for every law; one for the very rich, and one for the rest of us…

…as usual they left me to rot and die while they bailed out their rich, incompetent cronies WITH MY MONEY!

-Joe Stack

Chandler,AZ man arrested for gutting foreclosed home [ AZ Star ]

Beware the man who thinks he has nothing left to lose.

“When people lose everything, they lose it.”  -Gerald Celente

Mish visits Max Keiser

February 14, 2010

The Imperial Party

February 14, 2010

Well, since you asked…

February 14, 2010

Hmmmm, let’s see:

  • Cronies running a kleptocracy
  • Morally bankrupt policies
  • War, war, war everywhere,
  • Continued erosion of the middle class
  • Deficit spending like a drunken sailor
  • Laws designed to destroy constitutionally protected rights and freedom so slowly you don’t notice
  • Designing programs and laws to to benefit of cronies

So that would a negatory, pal. There’s really been no change at all. Your ‘replacement’ is a virtual a clone. We don’t call Obama Bush44 for no good reason round these parts.

How can we miss you when you won’t go away?” -Dan Hicks and his Hot Licks