Socalism as it pertans to money means ownership of the money spply. We may think we own our money, but we do not. It is under the control of someone else. Most people think they own their money (wrong) others are aware of the truth, and this causes big problems when everyone isn't on the same page because you got one group of people going one way and one group of people going the other way.
Greenspan recently admitted the Federal Reserve is NOT separate from the US government, it exists to accomodate the spending of the US government.
QE didnt work.
Everyone agrees QE was a socialist policy. Certainly not capitalistic. Socialist policies are, by definition, made by liberals.
Bernanke said he could generate inflation any time he wanted, boy he was wrong.
The irony is that while the Federal Reserve can't generate inflation whenever it wants, it can generate hyperinflation whenever it wants.
Once again Quinns First Law is upheld .... Liberalism always achieves the exact opposite of its stated intent.
"stupid people doing what they do" Forget about wall street bogeymen, blame the real culprits, the federal reserve and washington for not allowing the crash of 2008 to wipe out the weak, allowing weak consumers and weak companies to borrow cheap and expand production and consumption eventually resulting in an echo bust that will be 10x worse than 2008.
Isn't unconstitutional stimulus and bailouts to "save" economies wonderful? There is no such thing as a free lunch.
Last time Federal Reserve missed the housing bubble, this time the Federal Reserve missed the oil and iron ore bubbles and all the other bubbles (subprime auto loans). Here we go again, except it will be worse because last time nothing was fixed. Remember Hank Paulson said we get a financial crisis every six years, and here we are at six years.
They don't know what iron ore prices will be, no one does. It could fall below 50 for a long time.
If we had honest money, iron ore proces would be roughly linked to the money supply but as it stands now, with easy money then busts, iron ore can swing between 10 to 1000. NO ONE KNOWS WHAT WILL HAPPEN SO INFORMED BUSINESS DECISIONS CANNOT BE MADE.
Isnt fiat money and boom/bust cycles wonderful? End the Fed.
If the American people ever allow private banks (the Federal Reserve) to conteol the issue of their currency, the banks and corporations that will grow up around these banks will deprive the people of all property until their children wake up homeless on the continent their forefathers conquered.
NOW DO YOU UNDERSTAND HOW IMPORTANT STABLE HONEST MONEY IS? OR DO YOU STLL NOT GET IT AND STILL THINK WILD SWINGS IN ORE PRICES DUE TO EASY FREE MONEY ARE ACCEPTABLE?
There goes another individual investor, seven left. Great work SEC. It will be a great day when everyone is forced to ETFs and all investment money is equally distributed between those who deserve it and those who do not.
Regardless of the type of project, both have one thing in common. Money. Mexico will probably levy a huge royalty on tons mined (no risk for them ... all risk to omex shareholders) such that anything mined will be barely profitable imo. Its just how things are done these days. If some project costs are overlooked or prices of commodities drop then poof there go the profits.
I'd just like to say I'm bored of the gays and I dont want to hear any more gay talk.
Hank Paulson, said stocks collapse every 6 years like clockwork, nothing unusual going on, we are right on schedule. The only thing missing is that we haven't exposed the specific stock fraud yet. Wait until the fraud gets exposed and everyone gets outraged.
The crude drop can be stopped whenever Obama wants, he is in control. He has 2 years to refill. As long as crude is dropping, he wants it to drop.
It would be interesting to see what sort of honor agreements the collusive hedge funds have to cover all their shorts equally, so one hedge fund can't exit a particular issue leaving all the others stuck with it. At some point there is no honor among thieves and their control breaks down and they start attacking each other.
Collusve 2/20 hedge funds yearly profits just went negative. Controlling OLED is all about protecting their 20% profit rake, if they dont have anything to rake it makes no sense to control OLED. Once they go negative profits might as well throw all the dirty laundry into one bad year ao next year they have a good chance to get their 20% rake. No point missing the 20% for more than one year if they can avoid it. It is massive manipulative fraud.
If fusion works I am cancelling my order to buy at 99.50.
This is how the big boys play the game.