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    Why I think the current banking system is a failure.

    Fractional Reserve Lending
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    Great depression era style lines forming.

    Come to MA they actually advertise on the radio during NFL games "if you are x y z you could be eligible for and EBT card....call this number..." I understand that the state gets a bonus if they meet sign up targets. Must be the only social welfare program where the issuer gets a bonus for...
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    Barack Obama Wants Your Money As You Tumble From The Fiscal Cliff

    Only one acronym to describe the current economic/market conditions FUBAR
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    Barack Obama Wants Your Money As You Tumble From The Fiscal Cliff

    We are already over the fiscal cliff. We have over $16T in debt, adding $1T to it annually as far as the eye can see. Add on all the unfunded "obligations" like social security and you see the system is totally broken. The SSA is already starting to ask the Treasury to hand over cash...
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    please fire casino ben

    Ben just doesn't understand that the problem is a fiscal & policy problem and not a monetary problem. He can not just print 24x7 to help a fiscal disaster and country that has lost it's manufacturing base to China. This is not the same 1930's US industrial powerhouse...we are now a...
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    When will the QE4 rumors start?

    Captain Ben to the $$$$ printing office "run them 24x7 until we say stop" Impact on dollar is also going to hit many foreign economies.....guess where 60% of US company earnings now come from! Oil up, dollar down, This is going to end extremely badly. Sometimes the right thing to...
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    Middle class shrinks to all time low

    Gas just hit $4.09/gal in my MA town today. Gas is going to kill any so called recovery. Pump another trillion in Benny it won't help the economy though.
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    Morgan Stanley (MS) is going under

    MS is on auto pilot the machines have everything under control :) Now, It Is Man vs. Machine As Morgan Stanley Beefs Up Bond Business, Firm Is Bringing in More Computers By AARON LUCCHETTI And BRETT PHILBIN In a move to repair its flagging bond-trading business, Morgan Stanley MS...
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    Morgan Stanley (MS) is going under

    The #$% is hitting the fan this long weekend. MS is a Mark-to-Market horror house.....
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    MFGlobal & PFG Best, we're rooked without your help

    I hope that views of MS accounts are put in ASAP....
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    Morgan Stanley financial issue????

    The MS ship is sinking fast....more staff heading to the life boats. http://finance.yahoo.com/news/exclusive-morgan-stanley-smith-barney-174700644.html Exclusive: Morgan Stanley Smith Barney rainmakers consider exit Reuters NEW YORK (Reuters) - Several dozen Morgan Stanley Smith Barney...
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    Morgan Stanley financial issue????

    Anyone home?
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    Morgan Stanley financial issue????

    Just like Lehman and Bear Stearn. Nothing to see here move a long. :) <iframe width="420" height="315" src="http://www.youtube.com/embed/o3FVBKic5Ek" frameborder="0" allowfullscreen></iframe>
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    Morgan Stanley financial issue????

    I'm hearing a lot of gossip that Morgan Stanley is hemorrhaging internally in the wealth investment area. Scores of HNWI brokers and financial advisers are abandoning the MS ship $$$$ are flowing out of MS at an alarming rate. Don't be surprised if they have hypocated individual brokerage...
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    MANU football team

    Nice IPO heading towards $7 within 2 months.
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    Jon Corzine is Considering Starting A Hedge Fund

    Wall Street and the financial system here is totally FUBAR......time to invest in countries where justice is up held. Hell China looks better than the US now.....Corzine would have already been locked up.
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    Olympic games must be stopped !

    Morning rant ahead be warned..... The Olympics has lost the plot totally to commercial interests big time. If you don't have a cable or sat TV subscription (I don't) then you are blacked out form viewing in the US. Try an overseas website (BBC, ABC, TVNZ) to watch some Olympic news...
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    MANU football team

    What a crock of $£it once todays IPO support at $14 is gone watch out below. The markets are acting with irrational exuberance. Global reccession means more FED QE so must be good for the market. Crazy.
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    CNBC asks: Are fiat currencies headed for collapse?

    gold=insurance/hedge USD is heading down. Look at the Euro when the EU is such a basket case and 1ED = 1.23USD. What does that tell you? It tells you that US is worse than EU. USD will look like Zimbabwe Dollar in our life time.
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    $89,000 a month for 10 years! Paid to not work...

    This is great is it available to Senators, Congressman and better still the POTUS ?? When it is clear they are hopeless dip sh&ts we can dump them.
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