Recent content by Enginer

that's what the 9th tee at the golf club is for...

Jim Sinclair jsmineset.com linked this scarey Reuters article that may have been posted already.. MF Global and the great Wall St re-hypothecation scandal...

In answer to an eMail today requesting I get AARP to petition Congress to not reduce our SSA benefits I wrote: The SSA trust funds (OASI and DI) contain $2.4 trillion and are not expected to go to zero until 2042 (http://en.wikipedia.org/wiki/Social_Security_Trust_Fund) . They were...

I'm reading it now. I'm beginning to think that even tho there is no where enough physical gold in existence to back (at 100%) even a tiny amount of the world-wide cash float, that full backing is not necessary. Gold should be callable if YOU default, not because your currency is pegged to it...

Which Lincoln was this? Or was it a different FED? Was it the one that the Rothchilds and Rockefeller built?

Index piker, Can I recommend CO Q-10 o you? Nothing 'nebulous' about it. Enggr

This quote "I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the...

The only denial is that a stable currency would end the good life. Its the instability of currency policy that causes the bangs and busts that have totaled a whole lot more than 2 since 1917 and particularly 1876. The FED was created (by Banksters) for their benefit, not ours. The first...

The Fraud was committed by the derivative writers, who >probably< knew that AIG was charging too little because the derivative writers were WAY underestimating the risk. Sometimes Senior Tranche when the underlying were defaulting mortgages.

I am currently reading Gillain Tett's "Fool's Gold: How the Bold Dream of a Small Tribe at J.P. Morgan was Corrupted by Wall Street Greed and Unleashed a Catatrophe." (Along with Ron Paul's "End the FED.") AIG made the mistake of accepting Wall Street' s risk models, which were greatly in...

The only workable definition of Capitalism involves the cost of failure if you bet wrong. If you hedge your bet with insurance at AIG, then you both (should) lose. If we hadn't bailed out AIG, the European banking system would likely have collapsed. No capitalism there, either. NAKED...

We are here because of wars and the Rothschilds..... Wars, because Europe tacitly allowed us to inflate the dollar to recover World War I & II expenses, and the bankers (who control the FED) because Wealth benefits as holders of hard assets where the poor and middle class see their savings...

Reminds me of Thomas Jefferson saying that banks (that could issue money) were more dangerous than a standing army. My point, gentlemen, is that NO OTHER idea provides anything like a stable index of "value." Gold doesn't, and would have to be several billion dollars an oz to be an effective...

Comments appreciated but dissagree. Why would wages "rise?" Is tomorrow's manhour more valuable than todays?