tag:blogger.com,1999:blog-4912713243046142041.post8414216613745889903..comments2024-03-28T23:22:41.774-05:00Comments on TYWKIWDBI ("Tai-Wiki-Widbee"): An ominous development in the financial world ?Minnesotastanhttp://www.blogger.com/profile/01382888179579245181noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-4912713243046142041.post-89184214003561669682011-11-03T09:24:12.010-05:002011-11-03T09:24:12.010-05:00As a former New Jerseyite, I can assure you Jim Co...As a former New Jerseyite, I can assure you Jim Corzine was no "stalwart" of anything.Doug Walshhttps://www.blogger.com/profile/11601362819785178691noreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-60390394519912069552011-11-02T10:27:56.658-05:002011-11-02T10:27:56.658-05:00http://www.bbc.co.uk/news/business-15539350
an ev...http://www.bbc.co.uk/news/business-15539350<br /><br />an even more ominous development??Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-86168568794477262672011-11-02T07:00:36.324-05:002011-11-02T07:00:36.324-05:00"It was run by a stalwart of the Democratic e..."It was run by a stalwart of the Democratic establishment and the former leader of Goldman Sachs"<br /><br />WOW - If this sort of resume will draw you investment dollars... how did you ever get an dollars to invest?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-16953285163083824612011-11-02T00:02:00.942-05:002011-11-02T00:02:00.942-05:00"It is impossible to grasp the meaning of the..."It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments. Ideologically it belongs in the same class with political constitutions and bills of right."<br /><br />Ludwig von Mises, 1912Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-87777840166589619472011-11-01T11:29:26.111-05:002011-11-01T11:29:26.111-05:00To my mind, the best description of Goldman Sachs ...To my mind, the best description of Goldman Sachs is: "The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money." -Matt Taibbi, Rolling StoneAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-60809073543138091532011-11-01T10:36:15.041-05:002011-11-01T10:36:15.041-05:00"why shouldn’t people just move to direct own..."why shouldn’t people just move to direct ownership of Treasurys and into FDIC-insured bank deposits?"<br /><br />Because FDIC is broke just like the rest of them. There aren't enough funds to cover even a small percentage of deposits.<br /><br />The only thing they can do is trust in the Private firm called "Federal Reserve" which is neither federal, nor does it have any reserves.<br /><br />They can simply print "money" out of thin air and cause more inflation.<br /><br />For the last three years, we have seen a major devaluation of currencies worldwide alongside inflation, which means there is no safe-haven in any form of investments, savings institution, or even under your mattress.<br /><br />The best investment right now is in purchasing food, clothing, household items, etc. which will save you a small amount over time as these prices go higher.Anonymousnoreply@blogger.com