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  1. “The What – How much longer do you think the PPT can fool asshats from selling out of the DOW?

    The Plunge Protection Team, LMMFAO! Those guys are the ones whoi CRASHES the market and buy assets pennies on the dollar! Don’t EVER mess with the Big Boys, they will kill you time after time.

    “Why does The Great Depression keep getting compared to today’s economy (worst June for DOW since, first negative national savings rate since, etc.)?””

    Ding Ding Ding Ding!!!! Yes Yes Yes!!! Now you get it! This part of my rants. The fall is going to be a bloodbath,, very very very bad…

    Circa 1929:

    One note folks, history does not tell the story of the start of the Great Depression. Most of the BIG BOY’s like Rockefeller was SHORT THAT DAY!!! THEY MADE A FUCKING KILLING!!! Why you ask? On Oct 29 the bankers started to make Margin Calls on every thing! Those loans had to be paid back ASAP! This bought the market down. I think the same thing is being set up right now.

    Here take a look at this and get back to me..

    Zeitgeist – The Movie: Federal Reserve

    The What

    Someday this war is gonna end..

  2. the what – you are very highly regarded by myself. i have been thinking about investing in short term treasuries to protect myself against bank failure. thanks for link. people will one day realize your common sense views are good advice on how to protect themselves in the coming financial storm.

  3. Re: NYC Job Growth Bests Nation’s [NY Post]

    Buried at the end of the article…

    “But that still amounted to an annual growth of only 1 percent, the weakest since December, 2004.”

  4. The What owns. He is owning all of you fools who think NYC is immune. Right before 1929, it was different. Right before 1987, it was different. Right before 2000, it was different. Right now, in Brooklyn, it is somehow different. Remember – there is only one economic pie to take slices from. You all act as if Brooklyn has it’s own pie. (Has everyone at least took even a cynical look at the history of asset bubbles?)

    The What – How much longer do you think the PPT can fool asshats from selling out of the DOW? Why does The Great Depression keep getting compared to today’s economy (worst June for DOW since, first negative national savings rate since, etc.)?

    Circa 1929:

    “With the bankers’ financial resources behind him, Whitney placed a bid to purchase a large block of shares in U.S. Steel at a price well above the current market. As amazed traders watched, Whitney then placed similar bids on other “blue chip” stocks. This tactic was similar to a tactic that ended the Panic of 1907, and succeeded in halting the slide that day. In this case, however, the respite was only temporary.”

    “William C. Durant joined with members of the Rockefeller family and other financial giants to buy large quantities of stocks in order to demonstrate to the public their confidence in the market, but their efforts failed to stop the slide.”

  5. “THE WHAT: You never provide a solution. What would you recommend we do? rent? buy? roll into the fetal possition in some street corner?”

    1. Put your money into short term treasuries.

    http://www.treasurydirect.gov/

    Purchase securities directly from the U.S. Treasury.
    Set up and manage an account.
    Get information about your Treasury securities and find out if they’re still earning interest.
    Learn how to purchase Treasury securities.

    The US has never defaulted to their debt. I know there is a first time for everything but if the US did that, we would have bigger problems.

    2. Clean up your credit report. Over 80% of Credit Reorts have errors on them. This could mean the difference of getting a mortgage in the future.

    3. Don”t beLIEve the hype of “Bubble news sites” (like this one) do your own research.

    Own some physical money like Gold or silver. Yep dumbasses, REAL MONEY!!!!

    4. Just wait! You don”t have to be with the “Metoo” crowd. You will get a place thats affordable.

    The What

    Someday this war is gonna end…