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« AXE FALLS: Morgan Stanley Slashes 1,600 Jobs | Main | Goldman Sachs Succeeds In Tax Evasion Where Al Gore Fails »
Friday
Jan042013

HOT LINKS: Chinese Credit Agency Downgrades U.S.

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Reader Comments (20)

Jan 4, 2013 at 8:47 PM | Unregistered CommenterSKINFLINT
I wouldn't buy a $0.10 Treasury Bond. Now that's a negative rating.
It wouldn't mature before we burn .

http://www.youtube.com/watch?v=Ina16XSJQvM
Jan 5, 2013 at 5:10 AM | Unregistered CommenterTR
Hmmm. RT can kiss my dimpled ass cheeks. http://www.youtube.com/watch?v=Jm_rqbFZxcc
Jan 5, 2013 at 11:48 AM | Unregistered CommenterSKINFLINT
Government is owned by monopoly so virtually
every program ostensibly aimed at purposes
worthwhile to the society altogether are really
expensively aimed at making monopoly as
secure and enriched as possible.

There are 3 things at play;
socialism, capitalism and monopoly
Jan 5, 2013 at 1:42 PM | Unregistered CommenterBullwinkle
I have some more news. The Chinese lost interest in the starched-underwear-criminal-bigot-in-tights attitude of the U.S. and seriously downgraded the U.S. debt back two months before the 2008 international bond sales meet. Saturday Night Live even ran a skit on the cavalier attitude of U.S. Chief Executives declining to make repayments on debt to China after the Obummer took office. That incident of the U.S. feigning the 'gold bullion repayment option' with billions in gold plated tungsten cast in New Jersey did not help either.

China is a country which utilizes a great wealth of different sauces in their cooking. This means their sophistication is being greatly underestimated by America's elected congressional vermin and other fools in charge. If we do NOT get rid of the CFRtv and Rothschild owned Associated Press in this country, we as a nation are doomed. To hell with sitcoms, video games, and all the rest of it.
Jan 5, 2013 at 4:18 PM | Unregistered CommenterHoward T. Lewis III
The honorable keep getting the bucket kicked out from under them yet the schemes and frauds continue to play out. In the latest it is alleged through a suit filed that now an Ohio State Rep has swindled investors.

http://news.cincinnati.com/article/20130104/NEWS0108/301040113/Mason-lawmaker-others-sued-fraud?nclick_check=1

This could get interesting since as of the 2010 election we have the Lehman Brother Managing Director Governor and the American Banker Association AG in our State Capital.

Our neck of the woods has always been ripe for the plucking, yet the electorate continues the madness…

http://www.pulsejournal.com/news/news/local/dynus-trial-sheds-light-on-butler-countys-dark-spo/nNSbf/

To the victor goes the spoils I suppose.

Bailouts for bad behavior only encourage more bad behavior since there is never any punishment for getting allegedly caught.
Jan 6, 2013 at 2:18 AM | Unregistered CommenterS. Gompers
Gomp, I am not convinced that we are voting for these knuckleheads as much as there is rampant voter fraud. I mean look at the banks. They get away with all types of crime. Why not the purchase of an elected rep.
Jan 6, 2013 at 10:37 AM | Unregistered CommenterSKINFLINT
Amazing Skinflint, corruption from top to bottom.
Jan 6, 2013 at 11:15 AM | Unregistered CommenterS. Gompers
Good for that mom!

Vanity Fair Wants to Repeal the Second Ammendment

http://www.vanityfair.com/online/daily/2013/01/kurt-eichenwald-lets-repeal-second-amendment#pluck-comments

The four business gangs that run the US

http://www.theage.com.au/business/the-four-business-gangs-that-run-the-us-20121230-2c1e2.html

Banks get delay in rules keep taxpayers on hook for derivatives

http://www.bloomberg.com/news/2013-01-03/jpmorgan-and-bofa-get-two-year-delay-in-dodd-frank-swaps-pushout.html

Related same banks love them some obama have for years

http://www.bloomberg.com/news/2012-03-20/jpmorgan-employees-join-goldman-sachs-among-top-obama-donors.html

http://www.noquarterusa.net/blog/4939/baracks-wall-street-problem-is-now-americas/

Secret and Lies of the Bailout - The federal rescue of Wall Street didn’t fix the economy – it created a permanent bailout state based on a Ponzi-like confidence scheme. And the worst may be yet to come

http://www.rollingstone.com/politics/news/secret-and-lies-of-the-bailout-20130104

What’s Inside America’s Banks?

Some four years after the 2008 financial crisis, public trust in banks is as low as ever. Sophisticated investors describe big banks as “black boxes” that may still be concealing enormous risks—the sort that could again take down the economy. A close investigation of a supposedly conservative bank’s financial records uncovers the reason for these fears—and points the way toward urgent reforms.

http://www.theatlantic.com/magazine/archive/2013/01/whats-inside-americas-banks/309196/?single_page=true

CHART OF THE DAY: THE SCARIEST JOBS CHART EVER

http://www.businessinsider.com/pct-job-losses-in-post-wwii-recessions-2013-1?0=moneygame


US Urged to Mint 'Trillion Dollar Platinum Coin' To Solve Debt Ceiling Debate

http://www.ibtimes.co.uk/articles/420670/20130104/trillion-dollar-coin-petition-debt-money-obama.htm


Crony Capitalist Warren Buffett is building the world’s biggest photovoltaic solar project

http://www.bloomberg.com/news/2013-01-02/buffett-utility-buys-sunpower-projects-for-2-billion.html

Warren Buffett Profits From Fiscal Cliff Deal

http://moonbattery.com/?p=23403
Jan 6, 2013 at 3:44 PM | Unregistered Commenterl
Thanks for the links l. I saw something related to Buffett and using rail in lieu of pipelines and hopefully you saw my post about Buffett's electric car concerns in China. I have no doubt he shorted that one and now all the wind concerns including A-123 being bought by a Chinese concern start coming into play as does the China connection with wind. Buffett's Mid-American wind also got a huge break from the fiscal cliff deal, which was in part legislation written this summer with the intent to use it after the november elections.

Buffett seems to have an historical penchant for China, as does his Boston based furniture concern:

http://www.nytimes.com/1999/10/12/business/berkshire-hathaway-buys-furniture-seller.html

Now to see which furniture manufacturers overseas got benefits too.
Jan 6, 2013 at 4:09 PM | Unregistered Commenterjohn
John, The Buffet piece was in a post from Bloomberg. Buffet owns an outfit that makes these types of rail cars. He leases them rather than selling.
Jan 6, 2013 at 5:21 PM | Unregistered CommenterSKINFLINT
John I missed it but I'll look it up thanks. Reminds me of another rail road story

Why Did A Train Carrying Biofuel Cross The Border 24 Times And Never Unload?

http://www.zerohedge.com/news/2013-01-02/why-did-train-carrying-biofuel-cross-border-24-times-and-never-unload


Tax Break Included in "Fiscal Cliff" Bill Will Benefit BAILED OUT Warren Buffett


http://www.economicpolicyjournal.com/2013/01/tax-break-included-in-fiscal-cliff-bill.html
Jan 6, 2013 at 5:32 PM | Unregistered CommenterLadyLiberty
Anyone besides me find this creepy. http://washington.cbslocal.com/2013/01/05/nuclear-security-helicopters-testing-radiation-levels-above-dc-area/ I live an hour plus away from there. Any of you folks ever been to DC go to Georgia Ave and keep going.
Jan 6, 2013 at 8:58 PM | Unregistered CommenterSKINFLINT
Any of you folks ever been to DC go to Georgia Ave and keep going.

---

That'll take you into SW, and you probably don't want to go there. But I'm guessing that was your point.
Jan 7, 2013 at 3:30 PM | Registered CommenterDailyBail
This fella is a former SEAL and has written several books. Long read, but worth it. PS, very true. http://westernrifleshooters.wordpress.com/2013/01/07/bracken-dear-mr-security-agent/
Jan 7, 2013 at 3:31 PM | Unregistered CommenterSKINFLINT
Nah DB, Go north all the way to the end. I live about 6 miles from there.
Jan 7, 2013 at 3:33 PM | Unregistered CommenterSKINFLINT
This just in...

Moody's, Fitch, and Standard and Poor's reaffirm Notre Dame's #1 ranking.
Jan 8, 2013 at 11:59 AM | Unregistered Commenterchunga
Chunga

That's fu**ing brilliant.
Jan 8, 2013 at 1:50 PM | Registered CommenterDailyBail

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