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China Is The Global Achilles Heel


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The TARP repayments may ease the Treasury's borrowing requirements for the next couple of months. Not sure what the Treasury will do with the funds. Will be watching tomorrow's auction announcements and the Fed's H41 tomorrow night for clues. If I can divine anything, will discuss in tomorrow's and Friday's Fed reports.

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How can "they", stop the trading of gold over $1000?

 

Who are they?

 

Why $1000.

 

Assuming "they" pull it off what is accomplished?

not stop the trading, at any price, just set a conversion price

 

they being the U.S. gov't

 

why 1000 just to keep it simple

 

what is accomplished is baseline valuations for exchanges into a new currency

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Euro was created at $1.17 right?

1/1/1999

 

the dollar has been so debased in less than a year, with twelve trillion new dollars (twelve million million new dollars) pledged/created/aSSumed out of thin air, in addition to all the previously existing dollars, that to me, I personally believe, like ya know such as, no offense to any U.S. Americans out there whatever they're doing at the moment in South Africa or the Iraq, in my mind, for me, the dollar has now become devoid of any true meaning

 

just a matter of time before some tech college freshman writes a web app to provide a multitude of on-demand roll-yer-own flexible interest-bearing currency exchange units that render FRN's totally obsolete

 

somewhere between one and five million YouTube hits later, the Fed will cease to exist

 

might take about three weeks I'd guess

 

quite frankly I'm surprised it hasn't already happened

 

only interesting part is whether the gov't will beat him to it

 

they best git busy

 

maybe they too dumb though

 

or too distracted, immersed knee-deep in hookers 'N' booze, hungover and dissipated and weary from drinkin' and snortin' and pageboy gropin'

 

best and brightest, our great leaders

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jickiss is back!

 

 

 

jickiss is back!

 

and,

 

Dear Shorty,

 

for sure, the Euro was created out of Thin Air, just as was the United States of America, and yes, you are right, again, as usual,

 

the Euro Was Created at 1.1776.

 

your jickiss remembers this historic event as though it were yesterday....

 

the next historic Event will be the Giant Move Up in FAZ, which is one of the most Hated Items on da Street.

 

here is the chart of GS vs FAZ, which you all know by now controls the price of FAZ, in great measure.

 

since your jickiss is on an Apple MacBook tonight, there are no drawings on the chart.

 

don't be upset, just buy tons of FAZ tomorrow....

 

regards to all,

 

jickiss!!!!!!!

post-1911-1245292456.png

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The TARP repayments may ease the Treasury's borrowing requirements for the next couple of months. Not sure what the Treasury will do with the funds. Will be watching tomorrow's auction announcements and the Fed's H41 tomorrow night for clues. If I can divine anything, will discuss in tomorrow's and Friday's Fed reports.

Note to Pigmen

 

Are you a pigman?

 

Got caught teets long on treasuries?

 

Not gonna make yer 30 June numbers?

 

Got TARP?

 

Well hey .. here's the deal for YOU!

 

Get that TARP and pay it right back to the fed.

 

You pay 'em back, n then they don't gotta sell them treasuries so much.

 

Yer get it?

...

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Note to Pigmen

 

Are you a pigman?

 

Got caught teets long on treasuries?

 

Not gonna make yer 30 June numbers?

 

Got TARP?

 

Well hey .. here's the deal for YOU!

 

Get that TARP and pay it right back to the fed.

 

You pay 'em back, n then they don't gotta sell them treasuries so much.

 

Yer get it?

...

 

 

The thing is they bought Treasuries with the TARP money. The great circle jerk continues.

 

It might be paranoia from watching a silly movie filled with conspiracy tonight but I wonder. Are the banks paying back with cash? Maybe the Fed/Treasury would just take Treasuries as payment. Maybe it wouldn't make any difference. The banks didn't ask for that money. Paulson ordered them to take it. I've never really heard why when I get right down to it. I suspect this whole return the TARP thing is being driven by the Treasury needing the money as much as anything.

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gotta luv that SoCal eCONomy.....drugs, porn, escorts, casino gambling, mortgage fraud

 

Cocaine Found Stuffed Inside Frozen Sharks

SAN DIEGO -- Mexican naval officers searching a container ship discovered more than one ton of cocaine hidden inside frozen shark carcasses.

IS THAT A LOT?

 

Oceanside -- Two men and two women were behind bars Wednesday after an officer conducted a traffic stop and found several fraudulent credit cards and illegal drugs inside the vehicle.

Charges ranging from possession of altered credit cards and burglary to possession of controlled substances and stolen property.

SCAMSTERS UNDER EVERY ROCK YOU TURN OVER

 

San Diego -- Navy officials say a junior at the U.S. Naval Academy has been detained for allegedly bringing 150 pounds of marijuana into the United States from Mexico.

U.S. Customs officials pulled over the midshipman, whose name was not released, on June 10 at the re-entry point at San Ysidro, Calif., just north of the Mexican border.

DUMBASS

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THE END OF YEAR TRASHERY PUMP

 

Note to Pigmen

 

Are you a pigman?

 

Got caught teets long on treasuries?

 

Not gonna make yer 30 June numbers?

 

Got TARP?

 

Well hey .. here's the deal for YOU!

 

Get that TARP and pay it right back to the fed.

 

You pay 'em back, n then they don't gotta sell them treasuries so much.

 

Yer get it?

 

 

 

Yep Fed desperate to pump so fall street can make end of year numbers - bonuses. :ph34r: :blink:

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THE INSURANCE POLICY THAT MATTERS

 

Goldmember had enough leverage to send it bust but it had an ace in the hole.... a get out of jail free card - AIG as its balance sheet insiurer and when that policy looked shaky AIG had the US taxpayer step in as its balance sheet reinsurer.

 

Multiple lines of defence saved it from destruction

 

Lehman and Bear had plenty of leverage but no balance sheet insurer ............ :blink: :blink:

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