Anyone who doesn’t think we are going to lose our AAA is S T U P I D.
Spooky Dude?
soros?
It couldn’t be Soros.
What odds do you want to give that it was Soros?
Soros.
He not only knows the Democrats’ position, he decides what it will be.
Super Scary Soros Scheme?
I am no expert on the market. That said, I think it’s only a matter of time before interest rates rise. Who in their right mind would loan these fools in Washington more money at these ridiculously low interest rates? If you want me to loan you money, then you’d better pay me to take the risk. I don’t think it matters what “Moody’s” or “S & P” say. Who are they, anyway? Wasn’t Moody’s the one who was stamping all those credit-default swaps AAA, when any type of research would have shown they were junk?
George Soros??
Somebody is going to prison........
GS the big shorty
For 10 to 1 stakes someone could try to fix the ratings.
And so it begins.....
They don’t call those guys bond vigilantes because they are kind and patient people willing to hope for the best.
I agree we need to loose the AAA rating and IT WILL HURT US ALL. The loss will hopefully bring some sense to Congressional spending and Zeros “dictatorial” leanings, which will hurt us worse with the collapse of the dollar.
Glad I've been buying Cold, physical and other wise.
If they haven’t already done so, wouldn’t it be a simple matter for the Chicoms to see this player and burn him. After all, they and the Brits are the largest holders of US debt. And they also have the cash to swamp anything the shorts can throw at them.
Crazy people ... that is an insurance policy for someone who is long futures or cash treasuries. If you were long knowing that the global economy sticks and rates are going to be near zero for a very long time. Buying the puts is to protect that long position. I recommend that traders start accumulating TYU 126 calls [ten Year Note 126 calls]on any sell-off. Once this debt ceiling is solved, and it will be, the focus is going to turn toward our sub-2% growth rate, increasing unemployment claims and cratering European debt crisis and we will realize the real problem. The second half of this year is going to be ghastly for the economy.
In short, they are easily the most ruthless investors since Joseph P. Kennedy, Sr., who deliberately drove the stock market down to unprecedented levels in the early Great Depression so he could buy things like prime real estate at "distressed" prices and sell them later for immense profit (didn't he sell a bunch of prime real estate in New York City in the middle to late 1930's for this very reason?).
Armageddon? Well not quite, but we are looking at some very hard times coming.
I think that we are at the very least in for a collapse much like that of Argentinas ( http://www.youtube.com/watch?v=7yerKMQc7-w&feature=grec_index), but as a armed society with a very large entitlement minded population our collapse will be much more violent and I see many many small business wiped out by flash mob looting, and large scale violence (look at what happened just this past Memorial Day and 4th of July weekends)we are seeing these mobs grow bolder and bolder like:
Chicagos CBS 2s Jim Williams reports, the problem of mob attacks downtown is much bigger than the weekend beatings, according to beat cops who wanted to remain anonymous.
And its not just Chicago, but Washington DC, Las Vegas, St Paul, Philadelphia and on most major big Blue cities are increasingly reporting such flash mobs and gang muggings. Look what happened just this past weekend in Peoria, Il:
http://peoriachronicle.com/2011/06/25/peorians-living-in-fear/
Teenage Flash Mob Robberies on the Rise:
http://www.foxnews.com/us/2011/06/18/top-five-most-brazen-flash-mob-robberies/
Rash of violence isnt flash mobs, its wilding
http://www.suntimes.com/news/roeper/5826624-417/rash-of-violence-isnt-flash-mobs-its-wilding.html
Teens in a mob assault and rob Center City patrons
http://www.philly.com/philly/news/20110629_Teens_in_a_mob_assault_and_rob_Center_City_patrons.html
Milwaukee Police Go Barney Fife On Mob Attacks
http://www.620wtmj.com/blogs/jeffwagner/125017329.html
Milwaukee Mob Victim Recalls Beating ... Oh, White Girl Bleeds a Lot
I see what I call Pocket Pogroms taking place in many big Blue cities and if you arent a 0bamamite yute or one of Holders People its going to get Reginald Denny bad for you very quickly.
For those who are just starting or are old hands at prepping you may find my Preparedness Manual helpfull. You can download it at:
http://www.tomeaker.com/kart/preparedness1i.pdf
For those of you who havent started already its time to prepare almost past time maybe. You needed to be stocking up on food guns, ammo, basic household supplies like soap, papergoods, cleaning supplies, good sturdy clothes including extra socks, underwear and extra shoes and boots, a extra couple changes of oil and filters for your car, tools, things you buy everyday start buying two and put one up.
As the LDS say When the emergency is upon us the time for preparedness has past.
Or as the bible says: A prudent man sees danger and takes refuge, but the simple keep going and suffer for it.
NIV Proverbs 22:3
There is no greater disaster than to underestimate danger.
Underestimation can be fatal.
So who took the other side of the trade?