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Genesis Posts: 71366 Incept: 2007-06-26 
KD^2 
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http://market-ticker.denninger.net/2008/....
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-04-14 08:19:04
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Brobdingnagian Posts: 358 Incept: 2008-02-11 Oligarchansas
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Gen. Great Ticker! They just keep getting better. One question: what is your source for the 'slightly more honest' quote from Bernanke? I am writing my congresspeople today and want to make sure I cite the source correctly. I will be urging them to impeach. Thanks again for all your hard work! ---------- Ficht nicht mit der Raketemensch
2008-04-14 10:11:44
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Genesis Posts: 71366 Incept: 2007-06-26
KD^2
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Uh, click the link (my quotes are ALWAYS attributed)
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-04-14 10:12:52
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Brobdingnagian Posts: 358 Incept: 2008-02-11 Oligarchansas
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oh yah. duh. sorry. ---------- Ficht nicht mit der Raketemensch
2008-04-14 10:37:54
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Eternalblue Posts: 4230 Incept: 2007-08-09 
sokali
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it's really time for ben to resign ---------- my miniblog; http://economicpsychosis.blogspot.com/
2008-04-14 10:46:22
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Steved Posts: 559 Incept: 2007-10-30
chicago
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bravo , thank you KD
2008-04-14 13:17:41
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Allclear Posts: 4261 Incept: 2007-09-18
Online
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good cop, bad cop routine. Volcker is now speaking out...give me a break. Why is he doing it now? Its all a charade because no one in the system dare step on toes. Maybe it gives them a reason to change their plan, midstream, by Volcker making this argument. Who knows? Maybe we will not get a rate cut...we'll see how the CPI and PPI come out this week.
---------- Many of the truths we cling to depend greatly on our point of view...Obi-Wan
2008-04-14 13:27:10
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Doctormad Posts: 1801 Incept: 2007-09-09 
Ohio
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Another gem KD. There is no such thing as a "little" honesty, Ben. Either you are honest or you aren't. I should add also you are either trustworthy or you aren't and the markets have voted since August that Ben and Wall Street clearly aren't to be trusted as evidenced by the dollar/credit/equity markets performance since he began his campaign to "save the street". Last modified:
2008-04-14 13:53:16 by doctormad
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Alex2008 Posts: 725 Incept: 2008-01-06
Banned
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Quote:By the end of July, the G-7 wants financial companies to fully' disclose in mid-year earnings reports their investments that are at risk of loss. Firms should also establish 'fair-value estimates' for the complex assets that investors have shunned and boost their capital as needed, the G- 7 said. I don't see a problem with banks meeting this deadline. By then all the banks will have on their balance sheets are Treasuries which they borrowed from the Fed. Or is it MBS and CDOs which the banks borrowed from the Fed in exchange for the Fed borrowing Treasuries from the banks?  Last modified:
2008-04-14 14:21:55 by alex2008
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Crow Posts: 172 Incept: 2008-02-25
Canada
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Nice one KD, wether CPI, PPI will be honest is also one for the ages.
---------- When does Keanu get here?
2008-04-14 17:49:07
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Geeniusatwrok Posts: 2472 Incept: 2007-08-04
New England
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should I be any more concerned about GNMAs than the last time I asked (sorry to be a pest about it other than it's my life savings)? these are held in a mutual fund, not actual bonds, at USAA. I mean, since treasuries are starting to stink up the place... other than stuffing cash into the mattress I don't know where else to put it.
---------- Will that be one lump, or two?
2008-04-14 20:10:27
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Whatmeworry Posts: 89 Incept: 2007-11-17
Rockville MD
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Hi Gen, Just so that you know, Affy is a scientific company that puts tiny pieces of DNA as spots in arrays on glass slides. Scientists use 'Affy chips' to look at changes in levels of gene expression, or to look at differences in specific sequences between populations (disease vs control). I've used their stuff for my own work. I don't follow the company, but it wouldn't surprise me if the problem is competition related.
2008-04-14 20:38:19
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Luvs_footie Posts: 1839 Incept: 2007-11-26 Australia
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KD, You are a freaking dynamo. Get yourself elected and start changing things. America needs people like you. Do it. Thanks for the ticker ---------- Much of what we labeled Tin just two years ago is now known to have been truth. While today, what most think to be truth is Pure F**king Tin. The times....they are a changing
2008-04-14 21:44:17
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