Day: May 19, 2011

Nomi Prins On Geithner’s Move To Tap Pension Funds & The $4 Trillion Sitting At The Fed

Nomi Prins On Geithner’s Move To Tap Pension Funds & The $4 Trillion Sitting At The Fed

(Editor's Note:  I'm still traversing the labyrinth on a whopper of a story, but felt this news item was definitely worthy of more than just a mention considering it is a possible preamble to a news story that broke last October, and a glimmer into just how bad the moos are being screwed yet again.  See y'all soon...) What happens when no one is buying your debt anymore, you can't keep buying your own debt, and you need cash and collateral? Last October, I picked up the news story about the feds holding hearings on confiscating private 401(k)s in order…
Read More

Bad Behavior has blocked 1441 access attempts in the last 7 days.

No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.