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Paulson has a cheek. He asks that developing nations not apply price controls....but what the hell are subsidies and bailouts in the US? http://www.bloomberg.com/apps/news?pid=20601087&sid=avZSJ.UAchew&refer=home Paulson Says Developing Countries Should Avoid Price Controls By John...

and the negative news. http://www.bloomberg.com/apps/news?pid=20601087&sid=aRoXWi5Su464&refer=home Finance Ministers Seek Global Response to Surging Food Prices By Christopher Swann and Guillermo Parra-Bernal April 13 (Bloomberg) -- Finance ministers from around the world warned...

US banks are bankrupt. The latest figures have non-borrowed reserves moving higher again this week. http://www.federalreserve.gov/releases/h3/Current/ Reserves of depository institutions -------------- ------------------------ Date Total(2)...

FED is now called the Bubble Protection Team (BPT).

Looks like the run on the FED is an issue after all. Now they want the Treasury to borrow more money than they need!!!! THEY ARE NUTS!!! http://www.reuters.com/article/bondsNews/idUSL0986366320080409 "... One option being considered is to have the Treasury borrow more money than it...

Insurance = puts

Looks like they are all looking for the traders Holy Grail. As we know black boxes that work on historical data eventually blow up.

I've been looking over the dramatically increasing rate of borrowing from the FED that is taking place through its security lending facility. At the current and increasing rate the FED will hit a limit also in that it simple will not have the treasury securities available to continue to swap...

Stop Press: Surgical attack on Iran nuclear facilities to take place this month. Parting gift from GWB to the US people before his departure in November.

You must watch this - fascinating view of the subprime meltdown from British viewpoint. <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/Tp60gYkDH78&hl=en"></param><param name="wmode" value="transparent"></param><embed...

Discretionary. Drop weekly eating out, lawn mower man, house cleaner, trugreen, cut back on cable tv to basic service, cable internet to DSL, kids cellphones are gone......the list goes on. new car this year forget it....house maintance that can wait...

Guy guys guys....one down day and you all say inflation is dead. Geez my mortgage rate hasn't changed and my bank is only offering 5.5% nothing like FED special of 0.3%. Fringin gas and electric is costing me more each month +$500 this month, but my usage is actually going down! I've had...

You bet me to it thriftybob. Nation is built on consumtion GDP....which is heading down.....best option is to inflate.

psssttttt....have you heard the rumor that LEH is in trouble? Well you have now!!! SELL SELL SELL SHORT....SEC are you listening I'm spreading the rumor. The SEC seems to look for the little fish and let the big ones go by.... Disclosure: Do not hold stock or options in LEH -...

Collectively the current situation will see less federal, state and local tax revenue and at the same time higher federal, state and local costs for these and other aid programs. "Already, demand is up in 43 states. Fourteen have hit record highs. In Michigan, one in every eight residents is...

Picture of things to come.... http://news.bbc.co.uk/2/hi/americas/7297093.stm <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/r3Rwb2vrhOo&hl=en"></param><param name="wmode" value="transparent"></param><embed...

"Cash is King" and that doesn't mean mutual funds either. ING is now locking up retail funds in New Zealand is the US next? http://www.stuff.co.nz/stuff/4457547a13.html Kiwi investors caught in global credit crunch By MARTA STEEMAN - The Press | Monday, 31 March 2008 Half a billion...

Fascinating article I didn't know there was such a large business in a renta-bee-pollinations. This bee issue reminds of the book Silent Spring - it has an uncany similarity to what is being forecast. http://en.wikipedia.org/wiki/Silent_Spring...

We have a "free market" education system.....focus should be on producing more lawyers for litigation cases, more accountants for cooking the books and more business/finance grads (MBAs) for designing the next will not fail pyramid selling scheme i.e. CDOs Who needs more engineers when the...

Need to watch out though many of the people foreced out in the foreclosures have been "trashing" the houses as pay back to the banks. You may end up with a large repair bill just to get it liveable again.