[Attention Surplus Disorder]

Watch: Blaming it all on Republicans who voted down raising the debt ceiling in 5...4...3...2...1

[screaminsunshine]

All I need to know is that Obama is in the White House. We are Doomed.

[dynachrome]

Buy Greek bonds! Look at the return on them!/s

[Lazlo in PA]

Doesn’t the Insider usually shill for the Regime?

[OB1kNOb]

Gold soared.

I wonder why silver tumbled downward around 3-4pm EDT?

[Revel]

Profit taking. Soon it will be going back up. The news does not mater. They have the stock market all under control.

[DoughtyOne]

Why the market is above 6,000 is beyond me. Well sorta...

I’m sure it’s related to individual stocks (the DOW 30) and not the actual health of Wall Street or the economy. Still, 12,500? Whackadoo.

[Cold Heart]

You must be doing something right. My stocks rose 1.5% net
today:)

[grumpygresh]

No problem for gold today.

[TwelveOfTwenty]

From what I read, the only good news that sent stocks up yesterday was that Greece was able to get more loans. Now I would think the fact that Greece still needs to borrow money would be bad news, but not according to the investors.

Today, reality must have sunk in.

[familyop]

There will certainly be more QE. The government’s not going to shrink willingly. Only the climax of the default will do that. The slide will probably be long, slow and very deep.

[SkyPilot]

One World Currency......it will save us all.

[SaxxonWoods]

The worldwide deflationary depression is getting worse. QE3 is problematic, Bernanke must know it can't work or even extend the denouement now. The administration is in fantasy land, as is most of congress. Obama is worried about his short game. The first Greek buyout should have bought two years. It's only been one. The dominoes are wobbling.

I've been preparing for quite some time, but its still disturbing to stare this in the face.

[Gen-X-Dad]

The TBTF banks have enough reserves stockpiled (a few trillion) at this point thanks to Ben exchanging taxpayer dollars at 0% for toxic assets marked up at full value. Ben lets the market tank for two reasons: 1) Oil prices are crushing the middle class before an upcoming election, which is bad for keeping the career politicians in place to keep rubber stamping the ponzi scam called the FED and 2) Ben is starting to sweat that the FED may not make it out of this mess intact if he keeps blatantly doling out trillions of dollars to the international banking club behind closed doors.

Once the market tanks and oil goes down, Ben fires up the QE3 presses, Wall St. and the TBTF banks snap up everything on the cheap with their reserves and watch them shoot back up due to the FED funded rigged market. Ben avoids any political fallout because he is saving the politicians by saving the market (this is the same leverage they used to hammer out TARP against overwhelming voter dissent). It is a perpetual ponzi scheme conveyor belt of wealth for the crony capitalists that now are blood sucking us dry. The end game will be when the dollar ceases to be the world reserve currency. But by then, these guys will have moved on, leaving us to pick up the pieces.

[Lancey Howard]

Suddenly everyone was screaming QE3!

Yeah, that's what we need - - another scumbag Democrat slush fund for bailing out government union pension funds and corrupt city governments. Yeah, that'll help.