[TigerLikesRooster]

Ping!

[Attention Surplus Disorder]

To all on the financial shenanigan ping list;

This is a superb interview with Janet Tavakoli who is not only quite easy on the eyes, but absolutely dead on the money with regard to how we lunged into the financial condition we’re in and will certainly remain in for a while. Longish, it’s about 1 hour. I heartily recommend it. I wish the host were a little more focused but it’s still terrific.

http://www.youtube.com/watch?v=WA20Am0pwtA

[April Lexington]

The Fed's credibility died the minute it engaged in Quantitative Easing. It can't create currency to by bonds from the Federal Government that nobody else on Earth will buy. The market has no clue what the real interest rates are now because of Fed buying actions that are designed to keep interest rates low. If the Fed wasn't buying Obama bonds, the real interest rates would be approaching 10% right now. Its all a sham, folks...