Fall of the Dollar + HYPER Inflation The fix is out. The Fed’s last ditch effort using depression era authority to hold off Bear Stearns failure is all we need to know. Officials at the Fed admit publicly that what they are doing is not fixing anything. Economists have taken off their rose colored glasses […]

Tags: ATM, BEAR STEARNS, credit, euro, POB, Point of Banking, Point of Sale, POS
Posted in bubble, Eviction, securities fraud, Uncategorized |

It is as though everyone has their head stuck in the ground, which is the most polite way of putting it. Look at the figures coming out — even PRIME borrowers are going delinquent. Lenders are struggling to regain capital requirements for lending, The Federal Reserve is essentially having no effect on the downslide, retail […]

Tags: credit, currency, dollar, foreclosure, loans
Posted in bubble, Corruption, Eviction, securities fraud |

Well here it is. BOA, JPM et al are getting together a fund to “buy out (i.e.., bailout) the blood soaked securities they have been spewing out into the marketplace for years. They understand the likely response of the public. They understand disaster is just days away and they are actually trying to do something […]

Tags: bailout, banks, crash, credit, economy
Posted in Uncategorized |