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User Info The Tea Parties: What's Really Going On in forum [Ticker]
Genesis
Posts: 71431
Incept: 2007-06-26
A True American Patriot!
KD^2
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http://market-ticker.org/archives/970-Th....

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"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
2009-04-18 14:21:45
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Baldy
Posts: 6555
Incept: 2008-05-16

Pittsburgh
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Well done.

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FY2011 Budget - Hist'l Tables (PDF 2.0 MB) http://www.whitehouse.gov/omb/budget/fy2011/assets/hist.pdf 1996-2011 budgets: http://www.gpoaccess.gov/usbudget/browse.html
2009-04-18 14:38:58
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Pika-steph
Posts: 39197
Incept: 2007-09-11
A True American Patriot!
^Why I keep^ fighting; so he is not fighting for nothing.
Online
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'Truth, justice'.....and the American way.

Super-Karl.

Awesome. That vid goes up on FedUp with Cobra's article on the same subject.


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Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org

"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards."

Last modified: 2009-04-18 14:40:01 by pika-steph

2009-04-18 14:39:37
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Drake
Posts: 939
Incept: 2007-07-27
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Sending to everyone on email list.

Thanks Gen.

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The wise are aware of their treasure, while fools follow their vanity.

Reality is the murder of a beautiful theory by a gang of ugly facts!

2009-04-18 14:43:19
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Schwantz
Posts: 5077
Incept: 2007-11-12

Monkey Do
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This is about massive government bailouts and obligations (i.e. future taxation) going to financial players including obvious criminals without due process or representation. It's not that hard to figure out, even for a Canadian. The POTUS is full of sheit...he knows better than to talk to the taxpayer like they're stupid.

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Dives sum, si non reddo eis quibus debeo
Smash the Keynesian idiocracy!

Last modified: 2009-04-18 14:52:11 by schwantz

2009-04-18 14:46:03
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Fidgit
Posts: 14065
Incept: 2008-02-18

AllyBammy
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Good rebuttal to the sludge that's coming out of DC - both Pelosi and the WashPost article...

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I say it's spinach, and I say the hell with it.
2009-04-18 14:59:44
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Hihoherewego
Posts: 595
Incept: 2009-02-25
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Lately The Atlantic has been putting out some outstanding pieces on Wall Street in general.

This is one of them for only its brutal honesty by nare I say the mouths of those who live it professionally. It has moments of humor and candor and then some. Just a bit OT to the topic at hand but nonetheless IMO there are attributes that interlace.

http://www.theatlantic.com/doc/200905/go....

Last modified: 2009-04-18 15:06:29 by hihoherewego

2009-04-18 15:05:45
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Haxelite
Posts: 10
Incept: 2008-12-19
Denver, CO
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Thank you Karl for everything you do and everything you stand for. Keep up the good fight!

2009-04-18 15:12:52
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Neoplunger
Posts: 125
Incept: 2009-02-08
N.E. PA
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Very well done Karl. The rally i attended in Wilkes-Barre, Pa (80% D, and very corrupt) had over 300 people waving signs & flags. While the main theme was bank bailouts,welfare for illegals and the lazy had the loudest applause. I expected 25 R's bitchin about obama, instead young and old Americans that actually care about their country. Eye opener in this area.

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If bull markets climb a Wall of Worry, I would add that bear markets slide down a Slope of Hope.
Robert R. Prechter, Jr

"Much of the social history of the Western world, over the past three decades, has been a history of replacing what worked with what sounded good".
2009-04-18 15:19:24
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Phirang
Posts: 8824
Incept: 2008-10-25

bar khoba's revenge
Online
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Are they handing out primers there of how banks work and how we got robbed? That'd be the most helpful, imo, since people will read them.

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The Treasury can issue debt on your behalf because the State can and will stomp the wealth out of you and your family.
2009-04-18 15:21:10
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Xanares
Posts: 1288
Incept: 2008-11-10

London
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Right on the money!

Last modified: 2009-04-18 16:28:09 by xanares
Reason: Bob Bassi got it

2009-04-18 15:21:23
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East2west
Posts: 220
Incept: 2009-03-03

California
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Thank you Karl. I will be forwarding this to everyone I know.


2009-04-18 15:26:49
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Baldy
Posts: 6555
Incept: 2008-05-16

Pittsburgh
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Phirang- GREAT point. Karl's Tickers (with full attribution etc) are VERY easy to read without being simplistic or demeaning.

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FY2011 Budget - Hist'l Tables (PDF 2.0 MB) http://www.whitehouse.gov/omb/budget/fy2011/assets/hist.pdf 1996-2011 budgets: http://www.gpoaccess.gov/usbudget/browse.html
2009-04-18 15:29:54
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Maddog
Posts: 167
Incept: 2008-04-13

Alabama
Online
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Once again well said.

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USA HELP I'VE FALLEN & CAN"T GET UP!!!!!!
2009-04-18 15:41:59
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Margincalltime
Posts: 830
Incept: 2008-04-01

NJ
Online
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It's the start of the "Taxpayers for Justice" movement

2009-04-18 15:52:22
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Knobcreek
Posts: 940
Incept: 2009-02-06

Near TN & VA, but not SC
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Fantastic

2009-04-18 15:57:13
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Photon314
Posts: 596
Incept: 2008-05-08
A True American Patriot!
AusTex
Online
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Bravo!!!!!! Outstanding!!!!!! One of your best, and they all are great! I would love to see you Mish and Taleb, play 20 questions with our yard gnome Turbo Tim and Helicopter Ben at a congressional hearing.

Apparently Jeb Hensarling from Texas will be questioning the yard gnome Monday. Dallas contact Ph. 214-349-9996. Fax 214-349-0738, DC office Ph. 202-226-4888 Fax 202-226-4888. He is very anti TARP. I will be sending faxes and calling.

The Reuters article, GM readies for all-equity offer for debt-sources, is especially troubling, ie. taxpayers go to the back of the line, our shares =zip. How does Bill Gross and Goldman Sex make out on this deal?

Thanks, Best
Photon314

2009-04-18 16:04:02
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Bixbyjenks
Posts: 1587
Incept: 2008-06-21

Country of Jonestown, between Canada & Mexico
Online
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Well stated. I'm passing this around. BTW, even some lifelong dems I know are regularly emailing me stuff about how disgusted they are about how the DC regime has its head up their ass.

2009-04-18 16:15:24
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Mm^^
Posts: 2330
Incept: 2008-10-01
A True American Patriot!
Gone, Baby, Gone
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Well done, KD!

Here's what happened locally in Bakersfield.

John Boener (Minority Leader House of Reps), and Kevin McCarthy (minority whip) both showed up, expecting to speak. Apparently, their staff had strong armed the organizers and got permission. (this was talk show 1560 AM). Anyway, when I heard about this, I went ballistic on their call-in line. I said, "This is for YOU to listen to US, not the other way around!"

Anyway, this struck a nerve, and their "permission" was revoked. They decided to attend anyway, and were welcome in the crowd. They got an earful, AND a statement of our grievances, linked below. This was signed by all present at the protest (about 2500), and was faxed to every single congress person.

They got a dose of humble pie on the 15th, as nobody kissed their asses. Also, they got booed loudly by some because they aren't taking a hard enough stand. These are both Republicans, BTW, which proves your point.

The petition is PDF, and lists the top 10 complaints of my brethren.

http://www.knzr.com/goout.asp?u=http://i....

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I always leave cookies.
2009-04-18 16:23:47
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Fidgit
Posts: 14065
Incept: 2008-02-18

AllyBammy
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Haha! Citizens telling politicians to STFU and get outta the way. What a concept ;)

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I say it's spinach, and I say the hell with it.
2009-04-18 16:32:52
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Icanhasbailout
Posts: 2170
Incept: 2009-03-10 A True American Patriot!
Imaginationland
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I hear a seat has opened up for a citizen legislator. That was a great campaign speech!

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I can has TARP? http://icanhastarp.com
2009-04-18 16:44:06
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Az
Posts: 1659
Incept: 2008-09-22
A True American Patriot!
Looking down the Rabbit Hole
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Just what I needed to hear today.


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Whistleblowers R my heros
2009-04-18 16:47:27
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Solnow
Posts: 829
Incept: 2009-03-02
My Market Model
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I'm made as hell and I'm not going to take it anymore...at least until you skull **** me again and then I'll be really ****ed. Please..give me a break. They are stealing your money in broad daylight and calling you an extremist for complaining. From here the rabbit hole only goes deeper. Justice will never see the light of day.

Some may complain about the hemorrhoids, but we will all continue to accept the ass **** and everyone in DC knows it.


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Adapt. Improvise. Overcome.

HOPE is for sissies
2009-04-18 17:01:12
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Baldy
Posts: 6555
Incept: 2008-05-16

Pittsburgh
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Solnow- We'll see. I am about as negative and whiny as one can get, but events may happen which propel this forward (such as bond market problems).

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FY2011 Budget - Hist'l Tables (PDF 2.0 MB) http://www.whitehouse.gov/omb/budget/fy2011/assets/hist.pdf 1996-2011 budgets: http://www.gpoaccess.gov/usbudget/browse.html
2009-04-18 17:20:36
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Phirang
Posts: 8824
Incept: 2008-10-25

bar khoba's revenge
Online
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Solnow, people in the Belle haven yacht club in CT are going to the next tea party.

They decide elections in this state. Fwiw, McCain had a fundraiser there last year.

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The Treasury can issue debt on your behalf because the State can and will stomp the wealth out of you and your family.
2009-04-18 17:30:03
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