[expat_panama]

Re:   Greenspan: "Crazies May Undermine The Country"

[nclaurel]

Sadly the crazies in the uniparty have done nothing but undermine America. That includes Greenspan who as I recall couldn’t find a building door when he met with GWBush and had to have Bush rescue him.

[urbanpovertylawcenter]

Has the Fed Reserve Bank been playing both ends against the middle for far too long?

Loaning money can be risky?

Who knew?

[CincyRichieRich]

The Left and the establishment is desperate and is turning to anyone to help.
Problem is their arrogance is their blind spot.

Many blame Greenspan and others, millennial, DON’T know who this fossil is and likely don’t care and don’t trust.

[expat_panama]

It's the Ides of Septempber and with stocks it's onward and upward onward!  After yesterday's mixed in lower volume futures traders now see more mixed.   They got metals up today and gold/silver are presently at $1,322.14/$19.05.

Today's the day everything gets reported:

8:30 AM Initial Claims
8:30 AM Continuing Claims
8:30 AM Retail Sales
8:30 AM Retail Sales ex-auto
8:30 AM PPI
8:30 AM Core PPI
8:30 AM Philadelphia Fed
8:30 AM Current Account Balance
8:30 AM Empire Manufacturing
9:15 AM Industrial Production
9:15 AM Capacity Utilization
10:00 AM Business Inventories
10:30 AM Natural Gas Inventories

That should mean something right? What about:

Bond Yields Surging, and That's Dangerous - A. Evans-Pritchard, Telegraph
The Stock Market's Mechanism Broken For Now - Doug Kass, RealMoney
Bond Market Flashes Sign Not Seen Since '12 - Eliza Ronalds-Hannon,BBW
To Pols, It's Always the 1933 Economy - Kevin Williamson, National Review
What Occupy Wall Street Got Wrong - Alex Shephard, The New Republic
What Is Barney Frank Doing Working For a Bank? - Danielle Balbi, NYO
How to View a Richer Year for Poor & Middle Class - Quoctrung Bui, NYT
How Annual Household Income Gains Are Flawed - John Crudele, NYP
Obama's Pen and Phone Cost Taxpayers $31B - John Merline, Investor's

[bert]

I must confess, this article and the others about treasuries are as 3CPo said,”Beyond my capacity”

Or, perhaps, there is really no capacity out there

[griswold3]

.Ms Shelton asks very good questions,IMO.
“Really?” she asks, “Crazier than negative interest rates? Crazier than paying banks to keep loanable funds in sterile depository accounts at the Fed? Crazier than having the Fed buy up trillions in government debt, remit the interest payments back to treasury, and then count that as revenue to the federal budget?”

[wastoute]

Trump could do what JFK did. Start printing Silver Certificates. When Fed Reserve notes start cratering the Fed becomes irrelevant.

[HarleyD]

They’ve borrowed 19 trillion dollars and they call us crazy???

[Original Lurker]

It sounds to me Greenspan is fearful Trump may expose just how very, very corrupt and rotten the entire system of joint financials and body politic have become.

Is it possible that one man could stop the gravy train of American crony capitalists/corporatism?

Is it possible that one man could begin to strip away the rigged laws that laid the tracks for the gravy train of American crony capitalists/corporatism?

God’s death, I tell you.
Crony capitalism/corporatism now!
Crony capitalism/corporatism for eva!
/s

[NonLinear]

Census Report on Spending

[simpson96]

[Diana in Wisconsin]

I’m still amazed, every DAY, that this House of Cards hasn’t fallen apart by now! I’m starting to wonder if it will in my lifetime? I’ve been planning for it...for about a DECADE, now.

I’m thinking it’ll at least start tilting a bit once Trump is elected. I mean, what better timing than to blame it on the new Republican President? ;)