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Genesis Posts: 71367 Incept: 2007-06-26 
KD^2 
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http://market-ticker.org/archives/1016-W....
---------- "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
2009-05-07 07:32:27
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Madashel Posts: 577 Incept: 2007-09-14 
West Texas
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Hey Gen, great ticker as always. I am so disgusted with the whole mess I cannot wait until the whole damn thing comes crashing down. I will actually be a relief to me. The fraud and lying is unprecedented and seems like many people I see go about their daily business like nothing is going on. I think many know something is wrong, but do not know enough to draw a conclusion. Ignorance is bliss, I suppose. Still does not make me less sick at my stomach, though. btw, gen, thanks for the flag icon...I can't wait until the next protest, even if it makes little difference. It at least helps to relieve pent up stress. ---------- "Those who cannot remember the past are condemned to repeat it." - George Santayana "It is better to live for something rather than die for nothing." - George S. Patton Last modified:
2009-05-07 07:52:02 by madashel
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Dji Posts: 718 Incept: 2009-04-21 
Fleming Island
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buy some SDS dec calls and sell some call against it. when it comes crashing down cash in
---------- What goes up Must come Down- Alan Parsons Project THE TRUTH HURTS! -Dji
2009-05-07 07:57:53
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Teomax Posts: 1542 Incept: 2007-08-30
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great. i dont distribute much your tickers, but this i am going to send a least few people for sure. high impact ticker.
---------- "I wonder how many stories we'd find in the TF Tinfoil archives that are now history." - Alsace i hope you understand my engrish. Last modified:
2009-05-07 07:59:38 by teomax
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Maddymax Posts: 1789 Incept: 2008-02-26
not sure anymore
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thanks gen as always. Depressing try to due the right thinks in life and doesnt matter. I sit here day after day and say why am I proud to be american. Not sure anymore and then I look at my kids and have nothing to say. I think I am going to pack it in for a while an wait for a parabolic blowoff. Last year i kept saying oil was overvalued at a 100, never thought it would get to 140. ---------- All Incumbents must go
2009-05-07 08:24:00
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Asimov Posts: 26645 Incept: 2007-08-26
east tennessee Online
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I have to assume this is one of the "back to basics" tickers that karl's been talking about. Well done. ---------- It's justifiably immoral to try to deal in a moral fashion with an immoral entity. If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
2009-05-07 08:27:36
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Bluebird Posts: 524 Incept: 2008-05-02
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according to zerohedge, there is not much left in the FDIC... Wednesday, May 6, 2009 Senate Expands FDIC Credit Line To $100 Billion Posted by Tyler Durden at 6:48 PM As had been widely expected, today (a day before the stress test results finally stop leaking, compliments of the securities and exchange commission) the senate passed a measure approving the expansion of the credit line from the Treasury to the FDIC to $100 billion, from $30 billion previously. The vote passed 91 to 5. In addition, the FDIC will now have half a trillion credit limit that will expire by the end of 2010. As the senate has firmly decided that dollars are now not worth even their weight in zero-ply toilet paper, it makes sense to see just how quickly the FDIC has managed to eat through the Deposit Insurance Fund, of which it had roughly $19 billion at the end of 2008, and now has a couple of pennies above zero, which any way one looks at it is less than the statutory DIF reserve minimum of 1.15% of insured deposits (indicatively, the minimum balance in the DIF (at least according to existing laws: once can imagine these will be promptly "adjusted") should be $54 billion, or 1.15% of the $4.7 trillion in insured deposits. Once it falls below that amount the FDIC must come up with a restoration plan to raise the DIF to that level. Good luck with that) . And all this was accomplished in a mere four months. http://zerohedge.blogspot.com/2009/05/se.... edit to add link from zerohedge showing the FDIC amounts for 2009. http://1.bp.blogspot.com/_FM71j6-VkNE/Sg.... Last modified:
2009-05-07 08:37:55 by bluebird
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Lonestarhog Posts: 64 Incept: 2009-03-06 The Republic of Texas!
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What more need be said about people?  Even those who live in Hurricane Alley do not prepare until the Category 5 is literally just down the street.   In January 2000 when I moved ALL of my ROTH IRA into physical gold and then 90% from gold into physical silver in January 2003, where it ALL remains today, I have been attempting to get people to understand. I was silly enough to think that NOW people will listen, after losing a HUGE (HUGH for you Yahoo! types) portion of their retirement funds. Silly me!  I still get nothing but blank stares when attempting to discuss The Ticker with family/friends.  I have just given up and continue preparations to save myself AND family by purchasing a larger-than-needed lifeboat. Friends will be on their own. Sigh! Hog 
2009-05-07 08:38:29
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Solnow Posts: 829 Incept: 2009-03-02 My Market Model
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From Wikipedia:Quote:Kleptocracy AKA: Sometimes cleptocracy, occasionally kleptarchy, is a term applied to a government that extends the personal wealth and political power of government officials and the ruling class (collectively, kleptocrats) at the expense of the population, sometimes without even the pretense of honest service. The term derives from the Greek root klepto (theft). ---------- Adapt. Improvise. Overcome. HOPE is for sissies Last modified:
2009-05-07 08:42:40 by solnow
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Alanha Posts: 2087 Incept: 2008-12-30
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Quote:Now square this with last month's California Tax Revenues: down 40%. That's "high-frequency" data - these taxes are collected and remitted every month and as such there is no "lag" in them - at all. Other states are similar.Woah, Nelly....that's even more than I was predicting at this point (-25%ish). (I wrote yesterday: The welfare-state is done. This suckers' rally in the market will end, and then the abyss looms. Tax-revolts will gather steam all summer and inevitably reach a critical mass, after which government receipts waterfall crash.)
2009-05-07 08:48:12
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Scrood Posts: 1999 Incept: 2008-05-17
Green Shoots! Online
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Just to clarify, I am Scrood. And yes, we are absolutely screwed. Nice ticker KD! ---------- When the **** hits the fan I'll be sitting on the can When the whip comes down
2009-05-07 08:50:58
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Whewt Posts: 443 Incept: 2008-03-17
..Isla Bonita Online
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Remember this episode from a couple of months ago? http://www.nbcnewyork.com/news/us_world/.... Quote:Federal Deposit Insurance Corp. Chairman Sheila Bair said she expects her agency will finance as much as $500 billion in purchases of residential and commercial real estate loans. She was talking 500B for use in the PPIP or whatever the hell that was called. ---------- HAS THE WHOLE WORLD GONE CRAZY? AM I THE ONLY ONE AROUND HERE WHO GIVES A **** ABOUT THE RULES? MARK IT ZERO! -Walter Sobchak - The Big Lebowski
2009-05-07 08:53:01
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Cash-out Posts: 2343 Incept: 2007-10-23
Live Free or Die - NH
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Thanks Gen. You planning to trade (Long) the tape you're given? (For what may be -weeks).. ? ---------- More prepared than ready.
2009-05-07 09:02:11
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Spazznout Posts: 235 Incept: 2009-04-15 Columbus, Ohio
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Revolution is coming. With or without our current political structure. Some politicians are waking up to this fact. However, I think it is just way too little way too late to have any Genuine impact in preventing our sorely needed and long time coming common mans revolution. Video title = When Will The Wall Street Wrongdoers Be Brought To Justice? http://www.youtube.com/watch?v=vAg3p83ZI.... ---------- "Those who make peaceful revolution impossible, make violent revolution inevitable." John F. Kennedy 35th president of US 1961-1963 (1917 - 1963) Last modified:
2009-05-07 09:07:56 by spazznout
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Genesis Posts: 71367 Incept: 2007-06-26
KD^2
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She's lying Whewt. The FDIC is out of money. ---------- "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
2009-05-07 09:02:24
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Xanares Posts: 1288 Incept: 2008-11-10
London
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Where can I go long misrepresentation? Excellent uppercut KD.
2009-05-07 09:03:31
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Skybluepink Posts: 235 Incept: 2007-10-20
RI
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Thank you very much for that dose of reality. Excellent Ticker.
2009-05-07 09:20:21
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Xtbjeff Posts: 39 Incept: 2008-03-19
St. George, Utah
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Some of us "boomers" need the extra rooms as the kids find themselves out on the street and come back home.
2009-05-07 09:27:56
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Tesla Posts: 8174 Incept: 2008-04-03
Delaware
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If you have extra rooms you can let them to your old folks, college students and others too...
---------- "Neither the wisest Constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt." Samuel Adams I'd rather die on my feet than live on my knees. - Emiliano Zapata
2009-05-07 09:29:20
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Dada Posts: 34 Incept: 2009-03-09
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KD wrote..If he tries to increase the mount of money being QE'd he runs the risk of a currency run on the dollar, especially if he runs out of money before his self-imposed time has run. does that mean the dollar will go down?
2009-05-07 10:05:24
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Captbill Posts: 485 Incept: 2008-07-22
Arizona's West Coast
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Great Ticker KD! Possible typo alert... Quote:Steve Liesman give us the "money quote" this morning on CNBC: gave?
2009-05-07 10:06:13
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13thgeneration Posts: 645 Incept: 2007-12-03
rock <-----> hard place
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Also, the decline in durable goods is going to (I believe) significantly impact the business personal property tax revenue stream of counties/states. I have't been able to quantify it yet, but it appears to be a material portion of commercial property revenue in places like LA county. Great ticker, thanks.
2009-05-07 10:15:56
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Themortgagedude Posts: 3929 Incept: 2007-12-17
saint louis Online
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bout time to get me shorts on. Looking more and more reminiscent of the GD1 chart. Kind of like they took the GD1 chart and smooshed it together a little. Everything is happening a little quicker in the internet age it seems. If it works like I think it will we roll over pretty soon.
---------- "These are interesting times. We don't trust the government, we don't trust the legal system, we don't trust the media, and we don't trust each other! We've undermined all authority, and with it, the basis for replacing it! It's like a six-year-old's dream come true!"
2009-05-07 10:54:58
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Wisc-xc Posts: 4817 Incept: 2007-07-14
outside chicago Online
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This Ticker reminds me of the myriad of Tickers you wrote in 07 warning of what was to come while we were in the midst of Dow 14k euphoria. Act II of the meltdown is just around the corner. Thanks for the heads up.
2009-05-07 11:05:06
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Mayorquimby Posts: 5854 Incept: 2008-09-18
Ponzi Planet Online
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KICK-ASS ticker.
---------- It's a PONZI ECONOMY and it already HAS collapsed. Now they need more ponzi!
2009-05-07 11:18:29
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