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B4 The Bell, Moonday, June 28


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Bowling At The Strip Club!

 

Dave works hard at the plant and spends most evenings bowling or

playing

basketball at the gym. His wife thinks he is pushing himself too hard,

so

for his birthday she takes him to a local strip club.

 

The doorman at the club greets them and says, "Hey, Dave! How ya doin?"

 

His wife is puzzled and asks if he's been to this club before.

 

"Oh no," says Dave. "He's on my bowling team."

 

When they are seated, a waitress asks Dave if he'd like his usual

Budweiser. His wife is becoming uncomfortable and says, "You must come

here a lot for that woman to know that you drink Budweiser."

 

"No, honey, she's in the Ladies Bowling League. We share lanes with

them."

 

A stripper comes over to their table and throws her arms around Dave.

"Hi

Davey," she says, "Want your usual table dance?"

 

Dave's wife, now furious, grabs her purse and storms out of the club.

Dave

follows and spots her getting into a cab. Before she can slam the door,

he

jumps in beside her and she starts screaming at him.

 

The cabby turns his head and says, "Looks like you picked up a real

bitch

tonight, Dave!"

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FDIC is a racket...It has maybe 2.5 cents on the dollar so it could only really cover a 2.5% collapse...

 

Anyways all the banks part of the FEDERAL RESERVE system are supposed to be covered anyways...

 

Unfortunately the FED could only cover the Big money center banks...the rest would be gobbled up...

 

So you would get pennies on the dollar and you might have to wait months or years to get that...They might just ration it...

 

If it ain't in your hand you gots nothing...

 

There were bankers digging ditches and their wives were turning tricks to survive the Great Depression...

 

The only insurance against debt deflation is a greater amount of debt inflation...

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FDIC is a racket...It has maybe 2.5 cents on the dollar so it could only really cover a 2.5% collapse...

 

Anyways all the banks part of the FEDERAL RESERVE system are supposed to be covered anyways...

 

Unfortunately the FED could only cover the Big money center banks...the rest would be gobbled up...

 

So you would get pennies on the dollar and you might have to wait months or years to get that...They might just ration it...

 

If it ain't in your hand you gots nothing...

 

There were bankers digging ditches and their wives were turning tricks to survive the Great Depression...

 

The only insurance against debt deflation is a greater amount of debt inflation...

I beg to differ. If we all had 100K in the bank the mechanism that you speak about would just print more money to cover the insurance. Although the money would be worth a hell out a lot less you would get it.

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"Mr President, Iraq is sovereign. Letter passed from (US civilian overseer Paul) Bremer at 10:26 AM Iraq time - Condi."?

 

While the alliance's secretary general spoke, Bush read the note, smiled, scrawled "Let Freedom Reign!" on the note with a black marker, and passed it back to Rumsfeld, who grinned broadly.

 

Link

 

An obvious and absurd lie.

 

You know that the spelling-challenged Bush wrote, "Let Freedom Rain!" :lol:

And as Freedom rained--they all got wet :lol:

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How are you going to exist while you are waiting for the printing press miracle to show up?

 

Lets say they say don't worry we should have this problem cleared up in a month and it takes 3...or more...don't worry we'll get to you...soon as the insiders and friends are delt with

 

When the leverage of leverage starts working in reverse some weird stuff which is beyond the current abilities of the average unit of human capital to comprehend takes place...

 

Usually the simple things you take for granted cease to exist...The phoney rights and obligations...

 

It will be a cascading crisis which will continually gain speed until it goes HYPER...

 

A hyperdeflationary implosion of the debt supply.

 

Also why would giving you money that you already have cause it to deflate in value?

 

Unless you somehow releveraged it above and beyond it's previous level of leverage...which is almost impossible in a debt deflationary enviornment.

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990N

 

John Mackenzie

[email protected]

Jun 24, 2004

 

Yesterday I discussed the possibility of a rogue trader being behind the action in the S&P Emini's with a large trader of these contracts. He confirmed what I had been told by a number of sources both on and off the floor: "Igor" had been making a fortune collaring the market since November of 2003.

 

This trader accounts for 20% of the volume in the S&P Emini's. Many traders I have spoken with believe this trader, now a group of three to four traders have somehow figured out the interventionist's game plan and are actively trading in lock step with it.

 

Others believe this "rogue" trader is the market, I can assure you, that is not the case.

 

Although the trading pattern suggests collusion on the part of the CME and large institutions that make up the balance of the volume, no one has seen fit to address the illegality of this activity, other than to suggest it is currently "under investigation."

 

Many traders have suggested there is an active "linked bid" with very large order depth behind this trader to support their ongoing activity. This is confirmed by both sides of the order queue whereby orders placed are moved throughout queue and re-assigned placement. The depth of bid/offer is very large.

 

Large Institutional trading Firms, such as ABN Ambro, given an opportunity to blow this trader up, could do so in short order, Yet the attempt is never made. An exogenous event would send this trader into in excess of a $500,000,000.00 loss in short order.

 

Collusion is apparent as trades continue to cross daily

 

http://tfc-charts2.w2d.com/forum/index.cgi...mes;read=297265

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