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Your Future In Eleven Minutes
Kyle Bass: "In the end, the picture is so large, and the leverage in the banking system is so enormous that when you start delivering, there is no way out of this scenario, and that's [...]
ACORN Affiliate Coordinating with the Dept. of Justice
I'm really, REALLY angry about this story. REALLY angry. I've been expecting things to "go this far"...this is not at all surprising. However, it's corrupt beyond belief. The Obama Department of Justice is coordinating with ACORN (front group) on elections? REALLY? Yes, the Dept. of Justice is working with ACORN to thwart efforts to reform voter fraud in the elections.
Expansion? WHAT EXPANSION?
Bloomberg: Federal Reserve Chairman Ben S. Bernanke signaled he’s concerned Europe’s crisis will hobble a 2 1/2-year U.S. expansion that may need another boost from the central bank. The economy allegedly "grew" at about 2% [...]
If You’re Going to Panic, Panic First
...because, it seems, that your assets may have been pledged multiple times as collateral in a leverage process known as "Re-hypothecation." Absent proof otherwise, this should probably be assumed to include any money you might [...]