The buzzards are circling again...

[iamwhatiseem]

The banks are in full game on now.
Moodys downgrading 15 global banks had magnificent timing don't you think?
Just on the day the markets fell 250pts....my.
So what changed? These banks deserved downgrading a year ago...but it was too soon then. Governments were not yet ready to hear "the sky is falling again" from the banks and the market/financial system.
Then when the FED announced a timid/tentative half-hearted gesture that they are willing to provide stimulus...but no cash...it is time to act.
This is just beginning.
They want QE3 - and they mean to get it.
Be prepared for calamitous/dire reports coming soon to a media near you.
The banks need another infusion of your money.

 

[Trajan]

KissMy had a great post on the Gold and silver thread, regards liquidity issues hitting hard and the fear of more dodd frank legislation as they are still, writing rules etc.


QE3 is a go ( I am a year late in my prophesy though) and they have boosted Operation Twist.

 

[iamwhatiseem]

Yep...I can hear them now..warming up to sing the tune "we're in the money"

 

[whitehall]

I get the impression that there is a socialist/anarchist faction of hate-filled Americans who wish the entire system would collapse regardless of democrat or republican leadership. As Barry Obama leads us down the road to oblivion the anarchists become more excited about the prospect of looting and pillaging . Am I wrong?

 

[iamwhatiseem]

I get the impression that there is a socialist/anarchist faction of hate-filled Americans who wish the entire system would collapse regardless of democrat or republican leadership. As Barry Obama leads us down the road to oblivion the anarchists become more excited about the prospect of looting and pillaging . Am I wrong?

Yes.
The only looting and pillaging going on is the disappation of your income by taxation and outright theft by the global financial companies.