Why Wall Street Does Not Like Anse Intendance

[Entendance]

Nothing grows forever; everything has a limit.
viewtopic.php?f=6&t=330&p=11256#p11256

Showdown: U.S. Sends Warships to Confront Iran
http://tinyurl.com/2a2vhug

Oil Expert On Dylan Ratigan, "Flow of Oil Much Bigger Than BP Says"
http://tinyurl.com/28zqudb
BP Slick Covers Dolphins and Whales.mov
http://tinyurl.com/22vvsc2

...Moral to the story: When listening to information from Wall Street or a Wall Streeter, make sure that you know that Wall Street has its own agenda -- one that can only be met by a rising market. And this can only be attained by you and me investing money into the market ... and that will only happen if we are confident that the market will go up.
Wall Street, in its insatiable quest to make the market go up, knows that this will only happen if the investor is confident. So, the news from Wall Street -- while not an outright lie -- is skewed bullish.
As an investor, we need to rely on news and information. When receiving information from Wall Street, make sure you consider the source.

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[Entendance]

I will tell you what, Mouseketeers, nobody really wants to come out and say it, so I will. There’s only one conclusion you can draw from this morning’s payrolls report: it stunk.
Listen, we’re past the point where “less bad” will continue to cut it. If this recovery is going to be something more than a piece of math origami, the economy is going to have to start creating jobs, real jobs that pay good wages, for millions and millions of people. That is not happening right now, and when you combine it with all the other trends going on, it sows a lot of doubt, and doubt saps confidence, and that leads people to put their wallets away, and that in our currently structured consumer-led economy, is a big problem...
http://markettalk.newswires-americas.com/?p=12272


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[sowhat]

Oil Spills Raise Arsenic Levels in the Ocean, Says New Research
http://tinyurl.com/2e2r6m3

How low will oil prices go this autumn?
http://tinyurl.com/3xhaws2

The New Reality, Why the Old Rules No Longer Apply
http://tinyurl.com/34bgbon


The Zimbabwe School Of Economics
"In the US, we have a totally new school, and it’s called the Zimbabwe school. And it’s founded by one of the great leaders of this world, Mr Robert Mugabe, that has managed to totally impoverish his own country. And that is the monetary policy the US is pursuing." Marc Faber Blog

[Entendance]

When inventories rise as sales decline, it is a sign that companies overestimated the strength of demand for their products and produced too much. Since it costs money to store goods that are not likely to be sold any time soon, what businesses usually do is reduce orders for new merchandise, thus subtracting from growth going forward...
http://tinyurl.com/34py48f

Slouching Toward a Double Dip or a Lousy Recovery at Best
http://tinyurl.com/2e7cxh8


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[dlry]

Now this is obscene.... http://tinyurl.com/2aw53kk

Janet Tavakoli

President, Tavakoli Structured Finance
Posted: July 7, 2010 09:27 AM

Should Taxpayers Continue to Subsidize Goldman Sachs's Alleged Obscenity?

Banks enjoy taxpayer-funded benefits including tens of billions of bailouts and ongoing funding subsidies. For example, Goldman Sachs and Morgan Stanley receive taxpayer subsidized funding by virtue of their new post-crisis ability to borrow from the Fed. Taxpayers may decide that just as we don't wish to fund obscenity posing as "art," we don't wish to subsidize "finance" that is simply obscenity.

Mr. Saucier puts it this way:

"They are committing acts of obscenity...They are morally bankrupting society...It's obscene like kiddie porn is obscene...On the financial front that's what [corrupt financiers are] guilty of."

Financial firms pay a lot to circumvent technical laws, and they are more aggressive and faster than our ability to legislate.

http://tinyurl.com/23ceo32


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[sowhat]

Why Does the Economic News Seem To Be So Different From Your Reality?

There are numerous vested interests on Wall Street, in Washington, and in the corporate conglomerates who see nothing wrong in distorting information, 'spinning the news,' and sometimes even outright lying, when it comes to reporting on the economic situation. They are promoting a story, and often an agenda...
http://tinyurl.com/3xy8g8o

viewtopic.php?f=7&t=669&st=0&sk=t&sd=a&start=10#p8903

[dlry]

Tuesday, July 13, 2010
Lying Lloyd Blankfein
Max talks with Karl Denninger about Goldman Sachs and the market manipulation going on in the "markets" in the second half of the show (around the 12 minute mark).

http://tinyurl.com/2g5p2yf

[GSIMMERLE]

Remember, remember...
Bastille Day 14 Juillet 2010
http://tinyurl.com/2w9988u


We apologize for the inconveniences, but this is a revolution

Ali Baba and the Forty Bankers? Worse than that.

viewtopic.php?f=7&t=643&st=0&sk=t&sd=a&start=40#p10499

[dlry]

Does CNBC have a studio in the South Pacific? http://tinyurl.com/2bz4c5e

Shadowstats' John Williams Exposes The Media's Propaganda Spin, Or Why Watching CNBC Can Be Hazardous To Your Wealth

In his latest letter to subscribers, Shadowstats' John Williams dissects recent economic data, and after providing yet more evidence that after the recent period of "bottom-bouncing at a low-level plateau of business activity" the economy has once again entered a double dip. Overall, it has cost the US taxpayers several trillion in debt (which will never be repaid), and a major hit to the value of the paper in their wallets, just to play the game of extend and pretend for a just under 18 months. The positive effects of the sugar high are now gone, leaving just the negative, one of which is the propaganda spin engulfing the entire legacy media complex whose survival depends on the ongoing perpetuation of the Ponzi lie that all is well. And courtesy of Mr. Williams we have prima facie evidence of precisely why formerly reputable channels such as CNBC are in the process destroying their credibility and causing an exodus of viewers, with the few remaining viewers remaining primarily for the opportunity to heckle the openly lying talking heads.

http://tinyurl.com/2bfjft7

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[dlry]

Like he really cares.....?


Chris Whalen: Blankfein’s Days are Numbered

http://tinyurl.com/28aw239

IKB's CEO Found Guilty of Market Manipulation -- Some U.S. Bank CEO's Should Also Face Charges

Financial news media is abuzz with analyses of Goldman Sachs's settlement with the SEC for $550 million in a case of alleged fraud regarding the packaging and selling of a CDO called Abacus. Goldman Sachs admitted to no wrongdoing. The settlement is less than Tiger Wood's potential $700 million divorce settlement -- and Tiger didn't help bring the economy to its knees (he also publicly admitted his transgressions and expressed regret) -- but it's a start.

http://tinyurl.com/36jhajo


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