By GTM on March 26, 2009
This is a quick concept of what is going on under the market’s surface today. The hunter-killer sub is USS National Debt. That’s $53T in unfunded U.S. liabilities. Evidence is pointing to the Fed front running a failure of future Treasury auctions. Last year in the U.S. servicing our debt was a near impossibility. Today it appears to be a universal impossibility.
Posted in Federal Reserve, Market Manipulation, PPT, Solar | Tagged Fed
By GTM on November 11, 2008
“All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as self-evident.” -Arthur Schopenhauer
Many of us right now want to be “realistic” and believe the financial system will correct itself. The optimist in us, with a lifetime of programming, thinks things will get back [...]
Posted in Banks, Federal Reserve, Monopoly | Tagged BAC, GS, JPM, MS
By GTM on July 23, 2008
“The Treasury Department is the executive agency responsible for promoting economic prosperity and ensuring the financial security of the United States.” – Mission Statement
The following story was first published here at GTM in July 2008 when no one heard of Tim Geithner. He’s now about to take control of the U.S. Department of the [...]
Posted in Federal Reserve, Market Manipulation, Monopoly
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