Friday, August 27, 2010

Morgan Stanley Says Government Defaults Inevitable - Bloomberg

 www.bloomberg.com/news/2010-08-25/morgan-stanley-s....html

Government default is not a question of if, but rather how and when. Actually our govt. has already been technically defaulting through its quantitative easing (printing money and lending it to yourself) program at the Fed. http://chum.ly/n/2c9b3d

Fed in emergency bid to put bailout ruling on hold | Reuters

 www.reuters.com/article/idUSTRE67M4E520100825?utm_...ws%29

How is this for transparency? Apparently, if we knew the truth, all would be lost from the Feds point of view. The grand manipulation would have to end if the American public were allowed to view the facts. http://chum.ly/n/2c9323

It pays to riot in Europe – Telegraph Blogs

 blogs.telegraph.co.uk/finance/ambroseevans-pritcha...urope

A peek into America's future? Moodys warned us months ago about unsustainable debt levels potentially leading to social unrest, and they are famously behind the curve on doing their job. http://chum.ly/n/2c9249

Wednesday, August 25, 2010

Home sales plunge as fear grows | detnews.com | The Detroit News

 www.detnews.com/article/20100825/BIZ/8250395/Home-...grows

The government sponsored "recovery" continues to show its strength. We will not have a recovery until we deal with the twin problems of too much debt and too much government. http://chum.ly/n/2be310

THERE WILL BE NO DOUBLE DIP

 matterhornassetmanagement.com/2010/08/16/there-wil...e-dip

Here is a "big picture" financial overview of where we are and have come from. For some reason the author thinks wealth does not come from a printing press. What's up with that? http://chum.ly/n/2be2b6