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Monthly Archives: July 2011

WOW! A New America Indeud

This article has some great suggestions on taking back our country in a orderly fashion that is truly democratic.

However I’ll keep the┬áConstitution closer to the vest…..

Bravo!

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Fun With Fed Charts

Guess these charts do confirm that the stimulus was mostly absorbed by the big banks. They got to increase their cash holdings off the tax payers back while being selective about loans to you the tax payer.

Of course they did loan to corporate America who have now loaded up on cheap paper.

Lots of cash hoarding going on son.

Wonder when congress will change back the accounting rules and let the banks go back to mark to market accounting ?


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The Tree of Liberty: Anonymous Hacktivists Announce RICO Proceedings Against The Federal Reserve

We will see if this goes anywhere…this group has been known for obtaining Wiki Leak type information and some suspect there is cause for the Feds concern. Not really sure though how they would knock the Masters of the Universe off the stump.

An Independence Day Quote:

“The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.” Thomas Jefferson

 

[youtube:http://www.youtube.com/watch?v=OyKE9ZZNPu4&feature=player_embedded#at=162 450 300]

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Copper Futures Rise on Expectations That China is Done Raising Rates

Not sure why copper traders would anticipate this since hot money will chase rising Asian markets ans inevitably cause more inflation for Asia….but what do i know. Perhaps a slowing economy will balance all this out. Let’s rejoice that there is no red lobster !

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S&P Considers Greek Debt Rollover a “Select Default”

Despite the EU’s efforts to roll over Greek debt they may have to downgrade Greece and its bonds. Not what private bond holders and participants want to hear. Also is this a warning to the U.S. to get its debt in order ?

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