coolhand's Account Talk

[vegasmith]

I realize many aren't fans of zerohedge, but you're really letting the Fed off the hook pretty easy here and they should be the focal point. Seems to me that virtually no one audits them and everything they do is behind an iron curtain. And it's no secret that their policies are having a negative impact on an awful lot of people. With all of the corruption that's been exposed at the highest levels over the past few years I'd like to think folks are getting smarter about how we're all being taken advantage of. It's much more in the open now and they don't care. After all, what are we going to do about it, right?

I'm not looking for an argument by any means, but I'm certainly tired of getting the short end of the stick by those who would lord over us. The Federal Reserve is a banking cartel with tentacles all over the world. It's "Federal" in name only, and that's to make them sound official. A wolf in sheep's clothing. Funny how well this country got along without them for all those years leading up to their establishment in 1913.

In any event, these articles are really more thought provoking than anything else. None of this stands up by itself. We have to connect the dots, and that's much harder than it sounds.

Well said. And if the subject of the Fed truly interests some of you I'd highly recommend Too Big To Fail and The Big Short. Some of you probably have already. Both are very good reads regardless of one's political affiliation.

 

[RealMoneyIssues]

Though I'm in Afghanistan, Texas is still my home.

I didn't know. Be careful and come home to your family!!! Let us know if there is anything we can do

 

[Dutchy]

Though I'm in Afghanistan, Texas is still my home.

Be happy the Mavs won.... But more important, thank you for your service and stay safe! Your time in ' Stan puts everything else in prospective. While we whine about a few dollars lost today, you're serving us there... Thank you.

 

[vegasmith]

Thanks guys, I appreciate it. I've been here since January and my deployment comes to an end in August. TBH, following TSPTalk and market news has helped *me* keep perspective too. So in a way let me thank all of you.

 

[nasa1974]

vegasmith, Keep your head down and your butt safe. Now Miami knows how LePuke chokes in the playoffs. Go Mavs.

 

[coolhand]

Fed’s Fisher Reiterates Central Bank Has Done Enough to Help U.S. Economy

http://www.bloomberg.com/news/2011-...bank-has-done-enough-to-help-u-s-economy.html

Oil Near One-Month Low on U.S. Outlook, Rebounds After China Economic Data

http://www.bloomberg.com/news/2011-...-in-new-york-on-signals-demand-weakening.html

U.S. Regulator Says Taxpayers Still at Risk From Fannie, Freddie

http://www.bloomberg.com/news/2011-...risks-to-taxpayers-u-s-regulator-reports.html

Systemic U.S. Firms May Be Forced to Restructure, FDIC’s Krimminger Says

http://www.bloomberg.com/news/2011-...t-u-s-firms-may-be-forced-to-restructure.html

Candidates Run Against Regulation

http://online.wsj.com/article/SB100...84391491555226.html?mod=WSJ_hp_LEFTTopStories

Why ObamaCare Is Losing in the Courts

http://online.wsj.com/article/SB100...43814815916.html?mod=WSJ_hpp_sections_opinion

Uncertainty Is Not the Problem

http://online.wsj.com/article/SB100...50266610760.html?mod=WSJ_hpp_sections_opinion

Uncertainty Is Not the Problem

http://online.wsj.com/article/SB100...50266610760.html?mod=WSJ_hpp_sections_opinion

US Phone Taps Convict Three More of Insider Trading

http://www.cnbc.com/id/43383210

Southern California home prices continue slide in May

http://www.latimes.com/business/realestate/la-fi-home-sales-20110614,0,4210437.story

 

[coolhand]

Euro-Area Accord on New Greek Aid May Be Delayed to July

http://www.bloomberg.com/news/2011-06-14/greek-aid-may-be-delayed-to-july-frieden.html

Euro Falls on EU Deadlock Over Greece

http://www.bloomberg.com/news/2011-...adlock-over-greek-crisis-aussie-oil-drop.html

Wisconsin Union Law to Take Effect

http://online.wsj.com/article/SB100...78.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsThird

The Obama Hiatus

http://online.wsj.com/article/SB100...20186823528.html?mod=WSJ_hpp_sections_opinion

New Life Story Of The Maid Is Revealed, And It Doesn't Look Good For DSK

http://www.businessinsider.com/the-life-story-of-the-dsk-maid-2011-6#ixzz1PKTVWDK2

Minnesota prepares for shutdown

http://money.cnn.com/2011/06/14/news/economy/Minnesota_shutdown/index.htm?iid=HP_LN

Pakistan Arrests C.I.A. Informants in Bin Laden Raid

http://www.nytimes.com/2011/06/15/world/asia/15policy.html?_r=1&partner=bloomberg&pagewanted=all

 

[markmars]

The Obama Hiatus

http://online.wsj.com/article/SB100...20186823528.html?mod=WSJ_hpp_sections_opinion

To True!

 

[RealMoneyIssues]

To True!

You can't believe every conservative rag you read...

 

[Birchtree]

Careful, I read that paper everyday. Why can't we have hope and change with this Ding Dong offering his resignation for the betterment of our country. Otherwise he will go out in embarrassment like yellow back Jimmy.

 

[coolhand]

Decoding "Anonymous": Who Is the Activist Group Threatening Bernanke and the Fed?

http://www.minyanville.com/articles/print.php?a=35180

 

[vegasmith]

On Obama subject.. I think he recognizes nothing (good, bad or neutral) will pass the House anyway.

 

[coolhand]

Euro Declines to Three-Week Low on Concern Europe Debt Crisis Is Worsening

http://www.bloomberg.com/news/2011-...-concern-over-greece-s-political-turmoil.html

Papandreou Calls Confidence Vote on New Government in Bid for More EU Aid

http://www.bloomberg.com/news/2011-...on-new-government-in-bid-for-more-eu-aid.html

Interest Rate Swap Spreads Widen Most Since November on European Debt Woes

http://www.bloomberg.com/news/2011-...t-since-november-on-european-debt-crisis.html

Regulators Set to Clash on Capital Rules for Banks

http://blogs.wsj.com/economics/2011/06/15/regulators-set-to-clash-on-capital-rules-for-banks/

 

[coolhand]

Merkel’s Greek Bondholder Gambit Tested

http://www.bloomberg.com/news/2011-...tested-as-sarkozy-presses-for-compromise.html

Euro Slides Before Leaders’ Meeting on Greece; Franc Weakens Versus Dollar

http://www.bloomberg.com/news/2011-...on-signs-of-u-s-slowdown-greece-concerns.html

Greenspan Says Greece Default ‘Almost Certain,’ May Trigger U.S. Recession

http://www.bloomberg.com/news/2011-06-16/default-by-greece-almost-certain-greenspan.html

Consumers Fade in China Economy Racked by Inflation With ‘Peak Days’ Gone

http://www.bloomberg.com/news/2011-...-racked-by-inflation-with-peak-days-gone.html

China Bond Sale Fails for Second Time This Year on Rate Increase Concern

http://www.bloomberg.com/news/2011-...tion-target-for-second-time-this-year-1-.html

Europe's Greek Stress Test

http://online.wsj.com/article/SB100...42793496526.html?mod=WSJ_hpp_sections_opinion

Airline-Emissions Plan Draws U.S. Fire

http://online.wsj.com/article/SB10001424052702303499204576389653669262530.html?mod=WSJ_WSJ_US_News_5

Key Seniors Association Pivots on Benefit Cut

http://online.wsj.com/article/SB100...4.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsSecond

MUST READ: Deutsche Bank's Jim Reid On Greece And Lehman Brothers

http://www.businessinsider.com/jim-reid-on-greece-and-lehman-2011-6#ixzz1PX7MldWw

McKinsey Presents: 9 Scary Facts About The Unemployment Crisis

http://www.businessinsider.com/mckinsey-unemployment-nightmare-report-2011-6#ixzz1PX7fSP23

Desperate Public Pension Funds Double Bets in Hedge Funds

http://www.cnbc.com/id/43419144

The UK Is Preparing To Return To "Glass-Steagall"

http://www.zerohedge.com/article/uk-preparing-return-glass-steagall

Wall Street Braces for New Layoffs as Profits Wane

http://dealbook.nytimes.com/2011/06...eet-braces-for-new-layoffs/?partner=bloomberg

http://www.politico.com/news/stories/0611/57175.html

US equity funds inflows largest in 4 months -Lipper

http://www.reuters.com/article/2011/06/16/investing-fundflows-lipper-idUSN1623102520110616

U.S. Fed balance sheet hits another record size

http://www.reuters.com/article/2011/06/16/usa-fed-discount-idUSN1622329720110616

 

[Warrenlm]

Just wanted to do a drive by thank you for making the time to consistently post links to timely and good stories.

 

[coolhand]

Thanks. Glad you find them worthwhile.

 

[Scrappy]

Careful, I read that paper everyday. Why can't we have hope and change with this Ding Dong offering his resignation for the betterment of our country. Otherwise he will go out in embarrassment like yellow back Jimmy.

Dear President Obama:

I am writing today with a somewhat unusual request. First and foremost, I will be asking that you return America to its August 20th, 1959 borders so that Hawaii is no longer a state and you are no longer a citizen/president.

Sincerely,

Prime Minister Benjamin Netanyahu

 

[RealMoneyIssues]

Dear President Obama:

I am writing today with a somewhat unusual request. First and foremost, I will be asking that you return America to its August 20th, 1959 borders so that Hawaii is no longer a state and you are no longer a citizen/president.

Sincerely,

Prime Minister Benjamin Netanyahu

OH MY GOSH !!!!!

YOU ARE AWESOME
:laugh:
:laugh:
:laugh:
:laugh:
:laugh:

 

[coolhand]

This was released Friday, after hours.

Goldman Cuts GDP View to 2% as Economy Weakens

http://www.cnbc.com/id/43447127

 

[RealMoneyIssues]

This was released Friday, after hours.

Goldman Cuts GDP View to 2% as Economy Weakens

http://www.cnbc.com/id/43447127

That sucks, how about this one...

http://www.foxbusiness.com/industries/2011/06/17/imf-to-washington-youre-playing-with-fire

:nuts: