Ariel.Club Forum

I think the kicker's leg is being warmed up on the sidelines, like a place kicker in the NFL.

All the BS that's going on now is just Kabuki theater.  Everyone knows the can has to be kicked, everyone knows the can WILL be kicked, they're just trying to get THEIRS before the kicking happens. 

OBlamer wants the can kicked straight away.  Right now.
The Repugnanticans want to extract something to energize the base ahead of the 2014 elections, in hopes of taking back the senate. 
The Demoncats just want it to go away, so that they can get their amnesty vote done, so that they can solicit the votes of every illegal in the US for generations to come.

Debt ceiling debacle....surely everyone knows about it.

Obama inherited a $10 trillion debt.

It's now $16 Trillion plus.....he's added more debt than any other president in US history.

Us debt is probably closer to $200 trillion when you factor in social security unfounded benefits etc etc.

This pretty much says it all.
[url=http://www.zerohedge.com/news/2013-10-07/debt-ceiling-humor-i-therefore-intend-oppose-effort-increase-americas-debt-limit]http://www.zerohedge.com/news/2013-10-07/debt-ceiling-humor-i-therefore-intend-oppose-effort-increase-americas-debt-limit[/url]

So, will the worlds biggest PONZI scheme run out of cash.....with catastrophic consequences or will the can be kicked a little further down the road????

Cheers Wattie

[quote="wattie"]
Ahhhh don't you love bankers.

These markets are now known as being rigged.

  Libor - interest rates (link)
•ISDAfix - swaps (link)
•Platts - oil prices (link)
•WM/Reuters - FX (link)

[url=http://uk.finance.yahoo.com/news/foreign-currency-rate-manipulation-claims-134246871.html]http://uk.finance.yahoo.com/news/foreign-currency-rate-manipulation-claims-134246871.html[/url]

•High-Frequency Trading - equities

[url=http://www.zerohedge.com/news/2013-06-11/hft-stock-manipulation-action]http://www.zerohedge.com/news/2013-06-11/hft-stock-manipulation-action[/url]

Lets just face it, it's likely everything that they can lay their grubby little paws on is too!!

[url=http://www.bloomberg.com/news/2013-06-11/traders-said-to-rig-currency-rates-to-profit-off-clients.html]http://www.bloomberg.com/news/2013-06-11/traders-said-to-rig-currency-rates-to-profit-off-clients.html[/url]

Rigged casinos and too big to jail. [b]How on earth do they continue to get away with this............. [/b] Still trust them to hold your cash?

Cheers Wattie
[/quote]

They just keep getting away with it.....
Absolutely no market manipulation to see here,

mainstream Bull

[url=http://www.businessweek.com/articles/2013-09-24/feds-investigate-early-trading-around-taper-announcement]http://www.businessweek.com/articles/2013-09-24/feds-investigate-early-trading-around-taper-announcement[/url]

Zero hedge facts

[url=http://www.zerohedge.com/news/2013-09-20/gold-einstein-and-great-fed-robbery]http://www.zerohedge.com/news/2013-09-20/gold-einstein-and-great-fed-robbery[/url]

[b]TOTALLY RIGGED  MARKETS[/b]

cheers Wattie

Good listen on the mess, the Bernanke and the Fed has created for us all.

[url=http://www.youtube.com/watch?v=bW2KCYgauOc#]The Mises View: "What Bernanke Did" | Peter G. Klein[/url]

Cheers Wattie

[quote="wattie"]
Farce.
[url=http://www.zerohedge.com/news/2013-09-19/europe-change-deficit-calculation-make-economy-appear-stronger]http://www.zerohedge.com/news/2013-09-19/europe-change-deficit-calculation-make-economy-appear-stronger[/url]

Cheers Wattie
[/quote]

"Hopefully everyone gets a participation trophy." .. I am still laughing

This is the point where the football pitch starts to look like a golf course where the goal posts have been moved several times.  Farce indeed

Farce.
[url=http://www.zerohedge.com/news/2013-09-19/europe-change-deficit-calculation-make-economy-appear-stronger]http://www.zerohedge.com/news/2013-09-19/europe-change-deficit-calculation-make-economy-appear-stronger[/url]

Cheers Wattie

A simple explanation for those just joining.

Globally....there is far too much debt.

Globally....there is not enough money to repay it!

But, you can't let it default........cos then everything falls apart!


BUT YOU CAN PRINT MONEY OUT OF THIN AIR AND INFLATE THE DEBT AWAY!

AND POLITICIANS AND BANKERS WILL TELL YOU THERE IS NOTHING TO WORRY ABOUT.....they'll manipulate inflation calculations etc etc etc

Todays Economics lesson endeth.

Cheers Wattie

[quote="wattie"]
[quote="wattie"]
[quote="wattie"]
[quote="wattie"]
Dreadful US jobs numbers......with 85billion per month.

[url=http://www.zerohedge.com/news/2013-08-02/payrolls-miss-162k-vs-185k-expected-june-revised-lower-188k-unemployment-rate-74]http://www.zerohedge.com/news/2013-08-02/payrolls-miss-162k-vs-185k-expected-june-revised-lower-188k-unemployment-rate-74[/url]

Even mainstream media is picking up on the switch from full time to part time, dreadful quality of jobs and the fact that the participation rate (fewer people looking for workie they've given up!) accounts for a drop in the unemployed.

Interest rates are creeping steadily up.....this is bad, really ominous.

Bernanke will NEVER admit he's failing.....he can't cos it would all come crashing down.......but the fundamentals don't exist.....printing money helps banks....creates bubbles in asset prices.......not create jobs of quality.

Cheers Wattie
[/quote]

Ohhhh dear!!
[url=http://www.zerohedge.com/news/2013-08-15/10y-yield-jumps-new-2-year-high]http://www.zerohedge.com/news/2013-08-15/10y-yield-jumps-new-2-year-high[/url]

Losing control.....
Cheers Wattie

Fake growth, no fundamentals.....so how do you stop printing money without bringing it all down???
[url=http://www.zerohedge.com/news/2013-08-13/us-treasury-finally-admits-truth-its-all-pomo-and-no-one-dares-fight-fed]http://www.zerohedge.com/news/2013-08-13/us-treasury-finally-admits-truth-its-all-pomo-and-no-one-dares-fight-fed[/url]
[/quote]
Yields go even higher......the entire derivative market is a powder keg.....primed. This may not mean much but IT IS ESTIMATED THAT THERE IS 300 TRILLION IN GLOBAL DERIVATIVES OUT THERE- CREATED BY BANKSTERS!!!!! OVER 5 times the global GDP :o

[url=http://www.zerohedge.com/news/2013-08-16/selling-spurt-take-10-year-treasury-yield-fresh-two-year-high]http://www.zerohedge.com/news/2013-08-16/selling-spurt-take-10-year-treasury-yield-fresh-two-year-high[/url]

Cheers wattie
[/quote]
Gonna be an interesting week.....Bens gonna announce how he can ween the addicted American economy off $85 Billion every month.
Fact is he can't without huge consequences.....so he'll probably announce a small drop to $75Billion out of thin air, utter some bull about reviewing data and that it may or may not be revised up or down further in future.

Job'll be done, he'll assure everyone that it's under control and that they have "the tools" to alter matters if need be..........Ponzi scheme saved for now.

"Tools", appropriate word.

Cheers Wattie
[/quote]
Think we need to amend this thread to "American tragedy"!!!

Yup, things are now soooooo bad that Mr Ben, chairman of the Fed cannot cut the money printing by a single dollar, cos the whole Ponzi will fall apart!

Followers of this thread will understand why!

Growth, there is none. Jobs manipulated, false accounting, debt ceiling going up.

What a complete farce. Printing money out of thin air solves nothing!!!!!

Still trust the central bankers and their bits of paper?????

Cheers Wattie

[url=http://www.theguardian.com/business/2013/sep/18/federal-reserve-maintains-stimulus-ben-bernanke]http://www.theguardian.com/business/2013/sep/18/federal-reserve-maintains-stimulus-ben-bernanke[/url]

Read the comments!

:roflp: never a truer word spoken in jest Wattie.

You always have to look to the positive side of every situation - Greece could have pulled out by now.
Living in hope or living a lie? 

Wonder if their is a world record for the longest lie/biggest fib - surely this must be dam close if it isn't.

Or maybe Goldman Sachs hold that record.

Quote of the day.

Greek PM Antonis Samaras: "You have to tell people the truth but you have to give them hope as well."

i.e., lie :roflp:

Cheers Wattie

[quote="wattie"]
[quote="wattie"]
[quote="wattie"]
Dreadful US jobs numbers......with 85billion per month.

[url=http://www.zerohedge.com/news/2013-08-02/payrolls-miss-162k-vs-185k-expected-june-revised-lower-188k-unemployment-rate-74]http://www.zerohedge.com/news/2013-08-02/payrolls-miss-162k-vs-185k-expected-june-revised-lower-188k-unemployment-rate-74[/url]

Even mainstream media is picking up on the switch from full time to part time, dreadful quality of jobs and the fact that the participation rate (fewer people looking for workie they've given up!) accounts for a drop in the unemployed.

Interest rates are creeping steadily up.....this is bad, really ominous.

Bernanke will NEVER admit he's failing.....he can't cos it would all come crashing down.......but the fundamentals don't exist.....printing money helps banks....creates bubbles in asset prices.......not create jobs of quality.

Cheers Wattie
[/quote]

Ohhhh dear!!
[url=http://www.zerohedge.com/news/2013-08-15/10y-yield-jumps-new-2-year-high]http://www.zerohedge.com/news/2013-08-15/10y-yield-jumps-new-2-year-high[/url]

Losing control.....
Cheers Wattie

Fake growth, no fundamentals.....so how do you stop printing money without bringing it all down???
[url=http://www.zerohedge.com/news/2013-08-13/us-treasury-finally-admits-truth-its-all-pomo-and-no-one-dares-fight-fed]http://www.zerohedge.com/news/2013-08-13/us-treasury-finally-admits-truth-its-all-pomo-and-no-one-dares-fight-fed[/url]
[/quote]
Yields go even higher......the entire derivative market is a powder keg.....primed. This may not mean much but IT IS ESTIMATED THAT THERE IS 300 TRILLION IN GLOBAL DERIVATIVES OUT THERE- CREATED BY BANKSTERS!!!!! OVER 5 times the global GDP :o

[url=http://www.zerohedge.com/news/2013-08-16/selling-spurt-take-10-year-treasury-yield-fresh-two-year-high]http://www.zerohedge.com/news/2013-08-16/selling-spurt-take-10-year-treasury-yield-fresh-two-year-high[/url]

Cheers wattie
[/quote]
Gonna be an interesting week.....Bens gonna announce how he can ween the addicted American economy off $85 Billion every month.
Fact is he can't without huge consequences.....so he'll probably announce a small drop to $75Billion out of thin air, utter some bull about reviewing data and that it may or may not be revised up or down further in future.

Job'll be done, he'll assure everyone that it's under control and that they have "the tools" to alter matters if need be..........Ponzi scheme saved for now.

"Tools", appropriate word.

Cheers Wattie

[font=Palatino Linotype][size=120]Your "Adam Smith Game Show" video is hysterical, wattie!  Thanks![/size][/font]  :)

:roflp:

What a truly furked up world we live in.

Stew

[quote="wattie"]
Cyprus Update...

[url=http://www.youtube.com/watch?v=YiDDPMw8VO0#ws]Clarke and Dawe - Slight problem with the Cypriot Banking System[/url]

Ben Bernanke

[url=http://www.youtube.com/watch?v=9ZdBF0sA0vw#]Clarke and Dawe - Same Special Subject as Everyone Else[/url]

:roflp:

Cheers Wattie
[/quote]

Ahhhhhh politics and bribery,

U o uz lotz ov cazh Comrade,
We mazzive ally of Zyria,
U no pay az much if u no allow attack,

Zorted, Daa  :tu:

[url=http://www.zerohedge.com/news/2013-08-31/russia-restructures-cyprus-debt-cyprus-prohibits-us-strikes-syria]http://www.zerohedge.com/news/2013-08-31/russia-restructures-cyprus-debt-cyprus-prohibits-us-strikes-syria[/url]

See, everything has a price.
Cheers Vottie