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the notion is that the US will be forced to devalue and may not be able to control the decent..... if Benny cuts 50 next week, the new carry trade may well be sell dollars and buy X X is of course your choice....

Benny B-52 will have to firehose the planet with dollars and the ECB says they wont cut.... gold up 33 today bottom to top says to me anyway that the fix is in.... an opinion of course

good point... I filled up the car and two 5 gallon cans for the lawn mower and it was $110 so I have $190 left from the Pelosi dollar drop.....and it's only Thursday

it's 300+ dollars times 116 million potential recipients ..... might as well drop it from B-52s and watch the scramble.....

remember a year ago, there were pols. wanting FRE FNM to reduce the size of their holdings, enter the communists....

still doesn't ans. why the gov. guarantee offers some millionaire a full % point lower in rate and the taxpayer is on the hook for it.... doesn't make sense...forget the stimulus BS

oh well shit, $730K now.....

if some truly qualifies for a $625K, why should the taxpayer backstop that loan or any other like it..... this is complete socialist bullshit...

US dollar index down 1.5% in 3 days Stimulus is 1% of GDP...... the economy is in the hole 0.5% and it's accomplished with borrowed money....

why the f am I subsidizing somebody who qualifies for $625K house?

gold up 30 oil up 2 dollar tanks stimulus is already chewed up by inflation....

taxpayers on the hook for an enormous additional amount of RE

US all of a sudden 150 bill. more in debt.

the gold market comments on all of this

even the Democrats in Con-gress are spooked.... 2 months ago it was soak the rich....now it's helicopter drop.... say what you want about gold, but it seems to refuse to crater even when it has had a chance to die..... gold.. the true measure for all time...

we got a long way to go to reverse this...

non-recurring??? lovin these 50 bill non recurring write downs.... amazing that investors dont understand that common equity is only 1/3 of what some of the junk is trading for....

I haven't seen or heard that all these billions of level 3 debt have caught a bid.... let alone the half trillion of muni bonds that have lost their insurance bed pan....

so what explains the need for Citi and MER to go begging to middle eastern sand farmers??

massive buying of treasury paper imho to provide cash to prop up everything else..... sub 2% t-bills....what a deal