Mario's Bond Buying Program: 'Tantamount To Financing Governments By Printing Bank Notes...'

'Irreversible And Unlimited': Mario's Monetary Dictatorship

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The Draghi QE Special...

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Good line from the lone ECB dissenter at the 50-second mark:

'Tantamount to financing governments by printing bank notes...'

Comments

[DailyBail]

Draghi Gets ECB's Backing For Unlimited Bond-Buying Program

http://www.huffingtonpost.com/2012/09/06/draghi-ecb-european-central-bank_n_1860844.html

[DailyBail]

Kamala Harris, California AG, Touts Lame Bank Settlement In DNC Speech

http://www.huffingtonpost.com/2012/09/05/kamala-harris-speech_n_1859739.html?ir=Business&ref=topbar

[DailyBail]

If Citigroup is right, Saudi Arabia will cease to be an oil exporter by 2030, far sooner than previously thought.

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100019812/saudi-oil-well-dries-up/

[mikael]

This what I cal a free fall senario, where the person is trying, desperatly to grabb what ever brach is sight.

This is just anothier kick on the can, solves nothing, and avoids the main issue, depth, now even more sentralized depth.
They have infact done nothing other than printed more shitt paper, and the difference between deasent produced shitt paper, is that Bonds are not usable to wipe it, it just messes things up.
And thats it.

And somehow, the notion postulated by A. Einstein, my createstinspirator have atlest one legacy, the ultimate description of insanity I have ever read, and this is also what I have expirienced thue my short spann of time on this planet.
Doing the same thing, thinkin in the same level, to sole a problem they have come across, in the same way that they created the problem, is an insane path to solev problems on.
New peoblems needs new solutions, and we all know by now, exept a heap of druling idiots in the caps of DNC/RNC, that the monetary religion that has been pimped for almoust half a millenium is dying. What we are witnesing is simple death spasms.
AL thoe they have lasted a long time, its stil nothing more than that, no substance, or solutiions, just a kick on the can.

The very notion and reality created by the banks/finnance is their nesesety and the fact that the instituts are garded by private intresses, is a branch we need is pure bullshitt. Ordinary stores with a int.nett line does the same in my country, the only reason the have a name tagg, by any bank in that store, is more to a unnesesery monpoly policy, created by the banks them self, with corrupt goverment and al to easy to corrupt by suport, like cash.
A shame, and strangly defended by the very same people that we trust as goverment, any elected goverment, is to the srevice of the public as a hole, not individual finnansstructures of any fu.. kind.
Thats no way capitalsim, capitalism is ballance and forward thinking, the marked we have witnesed for decades was based on Canibalism, resulting on just bigger Monopolys, to an ecstent world wide instituts, and they are few and powerfull.

Thats totaliatarianism and fascism, what ever, its unballance and will crash, alway have and aaway will, only time is difference, the systemic crash the same. Only name changes. not the Game.

peace

Courage
"Few men are willing to brave the disapproval of their fellows, the censure of their colleagues, the wrath of society. Moral courage is a rarer commodity than bravery in battle or great intelligence. Yet it is the one essential, vital, quality for those who seek to change a world which yields most painfully to change."
R.F.Kennedy

[tom dee]

I do not think europe had a choice. As long as the Federal Reserve is going borrow 40 to 50 percent of the out of control congress then europe will have to debase the euro. The started "controls" will be used why they have no inflation. The truth would be they have no inflation because they get to write the inflation reports.

This is a disaster and along with the debasing by the federal reserve the value of the euro and the dollar will drop greatly.

[LiberatedCitizen]

Socialists of a feather stick together the low interest rate hurts savers and those on a fixed income QE is destroying the dollar but the Stock Markets are obviously more important.

Draghi helps out Obama campaign

http://www.ft.com/intl/cms/s/0/bc1cf132-f831-11e1-bec8-00144feabdc0.html#axzz25nNQHedP

Obama asks eurozone to keep Greece in until after election day

http://www.independent.co.uk/news/world/europe/obama-asks-eurozone-to-keep-greece-in-until-after-election-day-8076852.html

[Howard T. Lewis III]

This EU posturing reminds me of going broke monthly as a starving college student. Only entire monarchies are sinking to the bottom of the ocean with their arms loaded with bling. Rudyard Kipling's monkey refusing to let go of a cookie in a jar so he could get his little arm and hand out also comes to mind.

Queen lizard , I see garage sales in your future. Stop your antisocial thrashing about and face facts. We can see you and your spawn.