Culture of Life News

NEW SITE: EMSNEWS.WORDPRESS.COM

I finally got around to launching the new web site. I paid over $150 a year for Typepad service. And like typical modern business people, they decided to irritate me to death for this. I had to periodically remind them that I was one of their elite customers who pays, not gets a free ride. But they didn’t seem to get the message. So off I go, yet again.

CLICK HERE TO GO TO EMSNEWS.WORDPRESS.COM:

November 05, 2008 | Permalink

Since I am 100% against letting the Republicans run things any more, I am happy that Obama is probably going to win this election. It is time the US got beyond our own dark roots which is all about slavery and racism. A harmonious nation is one that has opportunities to all people of all races and all religions. I despise ethnic/religious dictatorships like the ones that litter the entire Middle East. The US nation is a nation, not a religious enclave. This is why I totally oppose Palin. She is a religious nut who wants the Apocalypse. And McCain is a lost soul. Wealth destroyed him.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

November 04, 2008 | Permalink

One of my favorite song birds, Yma Sumac, has flown from this earth and is now gone forever. Time to memorialize her. Also, we talk about the Japanese carry trade yet again. It is being restarted with great effort by the central bankers who want to continue flooding us with debts. And Rubins and Bernstein, two of Obama's economic advisors, talk at the NYT. I rip things apart. And we discuss the Volcano Gods who happen to be in the news today.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

November 03, 2008 | Permalink

I hurt my fingers yesterday so I couldn't post anything. Now, with band aids all over the place, I can type again. Typepad continues to annoy me with bugs and a refusal to understand their coding is awful. But on to less serious matters [hahaha] the economy: time to pause and look at a bunch of graphs. They show a rapidly deteriorating situation which the US has never had before. Roubini's RGE Monitor publishes a ridiculous analysis about the Derivatives Beast. Evidently, this economist named 'Pickel' thinks there is no problem, all is well. The Beast is NOT eating our banking gnomes and spitting out bones! Right. And the Middle East is now sliding into a pre-revolt mode as the oil kings decide to cut welfare payments. Bin Laden is ecstatic.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

November 02, 2008 | Permalink | TrackBack (0)

Halloween is here and the trickery and treatery treachery continues to cause market turmoil. That is, AIG's business with feeding and playing with the Derivatives Beast is now unwinding in the typical way such deals end: the monster eats its master. Right now, it is eating up $144 billion of US taxpayer funds. Also, the DTCC is in the news again because of its own relationship with this same fearful monster, the Derivatives Beast. And the Japanese savers are now being eaten by this same critter! Who would have guessed? And commodity inflation is again, taking off as Japan drops its interest rate to 0.3% and the US to 1%. Who would have guessed again? HAHAHA.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Hell's bells! Is the only way to get attention, walking away totally? I have done this in the past! I carry grudges. When a store irritates me too much, I never, ever come back. So it is here. I have been unable to do cartoons lately because of the difficulties posting here. And my neck hurts. The muscles from the shoulders to the back of the head are extremely tight.

Normally, I listen to operas while merrily writing away. All is serene. I even laugh.

Now, I literally gnash my teeth. Good riddance, Typepad.

TO READ MORE CLICK HERE

October 31, 2008 | Permalink | TrackBack (0)

White House press airhead, Perrino, tells reporters that banks exist ONLY to lend. This sets me off on my usual screaming fits since understanding the history of banking and the true mission of banking is at the very heart of the collapse of nearly all banks on this planet. Also, the gnomes are using the rescue funds to line their own wallets. Somehow, this doesn't surprise me at all, nor any readers here. Heh. And time to talk yet again about a very verboten topic: the flood of illegal alien home buyers who bid up housing to outrageous levels and who are ditching their purchases that are mostly only a year or two old, as they flee again.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

October 30, 2008 | Permalink

World stock markets are shooting up like a rocket based on the perception that the G7 central bankers and politicians will restart the destructive status quo that involves the US allowing the flood of exports to enter our country and devastate our industrial base. Great news, eh? All this will be fed by an orgy of 0% financing. Sounds like all those auto commercials. As we watch the entire concept of banking go into this moral collapse, it pays to look closely at the deals we are accepting here. Just like those auto loans at a fake 0% interest rate: read the fine print and see the truth.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The world's biggest economies are dropping interest rates to 0% while the smaller nations are being forced to raise rates to over 18%.  All smaller currencies are dropping against the yen but finally, the G7 got the yen to weaken slightly and this has caused great rejoicing. I examine the flies infesting this ointment.  China and Russia continue to merge.  Russian billionaires continue to buy threadbare British officials.  American banks are using the bail out money to party, give bonuses and buy out each other, not lend.  And the Chinese design a gigantic rabbit shaped pavilion.  Holy Monty Python!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

October 28, 2008 | Permalink

The utter insanity and panic over the fact that the Japanese Carry Trade has died is obvious. Unlike last year, when everyone was so pious about how Japan was in this terrible depression while inflation raged in the streets of Tokyo, the G7 nations hammered China nonstop about raising the value of the yuan. But not a peep about the very weak yen which was dropping against all currencies except Zimbabwe! Well, now that the carry trade has violently unwound, the G7 is demanding it back! They need it for LIQUIDITY. Just as I stated several years ago! And I was right! Wow! Give me the Nobel Prize for Economics!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

During the last few weeks, I have read many commentaries trying to explain the current mess that world trade is in today. Virtually no one seems to understand the trap we are in is due to trade imbalance, not banking difficulties. The banking problems grew out of the trade problems. And worse, the trade problems grew out of the difficulties of the US empire funding its military arm via debt, not taxes. Also, I wish to talk about the history of China's money. For China was the inventor or leader in the use of currencies, paper fiat money and global trade relative values. It is also a tragic history which is even more important.

TO READ MORE CLICK HERE

CLICK HERE TO FOR EZ LARGE PRINT EDITION

It is a very windy, thunderstormy October night. The leaves are being stripped from the trees, flying wildly high into the clouds, whipped far from the gentle embrace of the Mother Trees. So we are going to talk about Synthetic CDOs and figure out not only why they are all losing 80-90% of their value but also looking at the people responsible for this mess and how much did they actually know several years ago. Hint: they knew perfectly well, what they were cooking up. They just thought that October storms would never hit, would it? Right.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US falls into the same system that runs Japan, we have to recognize that the effects of the 0% system is not going to fix the US trade deficit. The Treasury is allowing all our dear, bankrupt banks to announce that they are going to the bankrupt Fed for funds. We also look at a series of old, old newspaper clippings that clearly show that today's mess is nearly totally identical to past messes. The IMF is going to allow many of the 'first world' nations to borrow immense sums. And not live under IMF cruel rules, either, I bet. And we revisit the business of the Plunge Protection Team. 

TO READ MORE CLICK HERE 

CLICK HERE FOR EZ LARGE PRINT EDITION

Happy Birthday to my loving husband day! It is colder outside, Libra is finished and now we enter Scorpio, the constellation of the Goddess of Death. The Derivatives Beast continues to munch away, unstoppable. AIG is demanding more loot because it is a bottomless pit. The übergnome of the planet, Greenspan, admits that he may have had a tiny flaw in his economics plans! HAHAHA. But the real heavy news of the hour is the amazing skyrocketing value of the YEN! It is shooting upwards at an astonishing rate. The Japanese are beyond hysterical about this. They see their doom for it is killing the export trade golden goose!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The yen continues to rise against both the dollar and the euro. The entire universe of the FX trade complex is in a roaring collapse as the old status quo of the Japanese carry trade violently unwinds. This is exposing all the hedge schemes and other monetary games to greatest destruction which is why world markets are reeling. The fundamental basis for all global lending has been the Japanese carry trade. 'Restarting liquidity' has required greatest efforts on the part of all central banks working with governments basically de-privatizing all banking systems WHILE STILL LEAVING ALL THE ORIGINAL GNOMES IN CHARGE OF EVERYTHING. This, of course, is dangerous and stupid.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The confiscations of systems and wealth generating locations is beginning. The US has opened yet another window into the awful nothingness of the Cave of Wealth and Death. The 'rescue' amounts are now well over $2 trillion and rising weekly. The 90% losses from Lehman's collapse in the CDO markets is still not being acknowledged nor examined realistically. Bush promises MORE 'free trade' as he and other rulers push yet again for more of the Doha Round process to finish its job of killing the US industrial base. All the taps are wide open and all of this future wealth is vanishing today. Hedge funds are failing fast due to not being hedges at all but scams. The global trade collapse is confusing many mainstream commentators who would love to think that all is basically well, this is just some sort of odd glitch. It is not.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Last year exactly, the G7 nations were all fighting with the US to get the dollar stronger. This was their first reaction to the banking crisis that began on 7/17/7. Today, they are grimly settling in with a very fragile return to the status quo which was lost back then. So stocks go up, of course. AIG is now running in circles trying to avoid being arrested for fraud, grand larceny and treason. Send them to China to be punished! And dear readers, those of you who hate socialism, read today's posting very carefully. The Rich LOVE socialism for themselves and intend to make you all pay for all this AIG-style socialism while you get nothing in return except a lifetime of debt. This is called 'peonage' or 'serfdom', not freedom.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US tumbles into a bad, bad recession, we are having an election. And there is virtually no discussion about what is really wrong. Indeed, the main focus in this election isn't war or our trade deficit or yawning budget deficit, it is nearly all about race. To the fury of many who want otherwise. But then, from day one in the US, it has been all about race and slavery which were embedded within our Constitution and excised very painfully and often, extremely violently. I will discuss this history later. First, the economic news. After central banks nationalized the G7 banking systems, they managed to sort of restart the old status quo. This is bad.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

We live on this little mountain in Upstate New York. New England has been famous for centuries for the spectacular fall foliage color display. Due to the mix of trees, we get a month-long series of colorful contrasts and changes. Coupled with changes in the weather, when the sun shines or the clouds move over this amazing landscape, everything changes radically. It is a never-ending wonder to watch each hour of each day go by, contemplating the contours of these mountains under constantly changing conditions.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Some readers have sent me a series of really nice poems so I hope everyone isn't too unhappy with comments or cartoons I publish here and instead, enjoy some sarcastic or lovely poems. I do hope everyone realizes that I enjoy debates here and welcome any and all comments. I don't get mad if people have other opinions, far from it! In diversity lies knowledge! The act of debating things leads to understanding. And the value of poetry is, it transcends all of this for it is a love of language and all debates are improved by using language playfully and spiritually as well as mockingly. I want to thank everyone for sending these poems!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Ending Free Trade Vital For US Survival As Nation

Since I am 100% against letting the Republicans run things any more, I am happy that Obama is probably going to win this election. It is time the US got beyond our own dark roots which is all about slavery and racism. A harmonious nation is one that has opportunities to all people of all races and all religions. I despise ethnic/religious dictatorships like the ones that litter the entire Middle East. The US nation is a nation, not a religious enclave. This is why I totally oppose Palin. She is a religious nut who wants the Apocalypse. And McCain is a lost soul. Wealth destroyed him.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

November 04, 2008 | Permalink

One of my favorite song birds, Yma Sumac, has flown from this earth and is now gone forever. Time to memorialize her. Also, we talk about the Japanese carry trade yet again. It is being restarted with great effort by the central bankers who want to continue flooding us with debts. And Rubins and Bernstein, two of Obama's economic advisors, talk at the NYT. I rip things apart. And we discuss the Volcano Gods who happen to be in the news today.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

November 03, 2008 | Permalink

I hurt my fingers yesterday so I couldn't post anything. Now, with band aids all over the place, I can type again. Typepad continues to annoy me with bugs and a refusal to understand their coding is awful. But on to less serious matters [hahaha] the economy: time to pause and look at a bunch of graphs. They show a rapidly deteriorating situation which the US has never had before. Roubini's RGE Monitor publishes a ridiculous analysis about the Derivatives Beast. Evidently, this economist named 'Pickel' thinks there is no problem, all is well. The Beast is NOT eating our banking gnomes and spitting out bones! Right. And the Middle East is now sliding into a pre-revolt mode as the oil kings decide to cut welfare payments. Bin Laden is ecstatic.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

November 02, 2008 | Permalink | TrackBack (0)

Halloween is here and the trickery and treatery treachery continues to cause market turmoil. That is, AIG's business with feeding and playing with the Derivatives Beast is now unwinding in the typical way such deals end: the monster eats its master. Right now, it is eating up $144 billion of US taxpayer funds. Also, the DTCC is in the news again because of its own relationship with this same fearful monster, the Derivatives Beast. And the Japanese savers are now being eaten by this same critter! Who would have guessed? And commodity inflation is again, taking off as Japan drops its interest rate to 0.3% and the US to 1%. Who would have guessed again? HAHAHA.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Hell's bells! Is the only way to get attention, walking away totally? I have done this in the past! I carry grudges. When a store irritates me too much, I never, ever come back. So it is here. I have been unable to do cartoons lately because of the difficulties posting here. And my neck hurts. The muscles from the shoulders to the back of the head are extremely tight.

Normally, I listen to operas while merrily writing away. All is serene. I even laugh.

Now, I literally gnash my teeth. Good riddance, Typepad.

TO READ MORE CLICK HERE

October 31, 2008 | Permalink | TrackBack (0)

White House press airhead, Perrino, tells reporters that banks exist ONLY to lend. This sets me off on my usual screaming fits since understanding the history of banking and the true mission of banking is at the very heart of the collapse of nearly all banks on this planet. Also, the gnomes are using the rescue funds to line their own wallets. Somehow, this doesn't surprise me at all, nor any readers here. Heh. And time to talk yet again about a very verboten topic: the flood of illegal alien home buyers who bid up housing to outrageous levels and who are ditching their purchases that are mostly only a year or two old, as they flee again.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

October 30, 2008 | Permalink

World stock markets are shooting up like a rocket based on the perception that the G7 central bankers and politicians will restart the destructive status quo that involves the US allowing the flood of exports to enter our country and devastate our industrial base. Great news, eh? All this will be fed by an orgy of 0% financing. Sounds like all those auto commercials. As we watch the entire concept of banking go into this moral collapse, it pays to look closely at the deals we are accepting here. Just like those auto loans at a fake 0% interest rate: read the fine print and see the truth.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The world's biggest economies are dropping interest rates to 0% while the smaller nations are being forced to raise rates to over 18%.  All smaller currencies are dropping against the yen but finally, the G7 got the yen to weaken slightly and this has caused great rejoicing. I examine the flies infesting this ointment.  China and Russia continue to merge.  Russian billionaires continue to buy threadbare British officials.  American banks are using the bail out money to party, give bonuses and buy out each other, not lend.  And the Chinese design a gigantic rabbit shaped pavilion.  Holy Monty Python!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

October 28, 2008 | Permalink

The utter insanity and panic over the fact that the Japanese Carry Trade has died is obvious. Unlike last year, when everyone was so pious about how Japan was in this terrible depression while inflation raged in the streets of Tokyo, the G7 nations hammered China nonstop about raising the value of the yuan. But not a peep about the very weak yen which was dropping against all currencies except Zimbabwe! Well, now that the carry trade has violently unwound, the G7 is demanding it back! They need it for LIQUIDITY. Just as I stated several years ago! And I was right! Wow! Give me the Nobel Prize for Economics!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

During the last few weeks, I have read many commentaries trying to explain the current mess that world trade is in today. Virtually no one seems to understand the trap we are in is due to trade imbalance, not banking difficulties. The banking problems grew out of the trade problems. And worse, the trade problems grew out of the difficulties of the US empire funding its military arm via debt, not taxes. Also, I wish to talk about the history of China's money. For China was the inventor or leader in the use of currencies, paper fiat money and global trade relative values. It is also a tragic history which is even more important.

TO READ MORE CLICK HERE

CLICK HERE TO FOR EZ LARGE PRINT EDITION

It is a very windy, thunderstormy October night. The leaves are being stripped from the trees, flying wildly high into the clouds, whipped far from the gentle embrace of the Mother Trees. So we are going to talk about Synthetic CDOs and figure out not only why they are all losing 80-90% of their value but also looking at the people responsible for this mess and how much did they actually know several years ago. Hint: they knew perfectly well, what they were cooking up. They just thought that October storms would never hit, would it? Right.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US falls into the same system that runs Japan, we have to recognize that the effects of the 0% system is not going to fix the US trade deficit. The Treasury is allowing all our dear, bankrupt banks to announce that they are going to the bankrupt Fed for funds. We also look at a series of old, old newspaper clippings that clearly show that today's mess is nearly totally identical to past messes. The IMF is going to allow many of the 'first world' nations to borrow immense sums. And not live under IMF cruel rules, either, I bet. And we revisit the business of the Plunge Protection Team. 

TO READ MORE CLICK HERE 

CLICK HERE FOR EZ LARGE PRINT EDITION

Happy Birthday to my loving husband day! It is colder outside, Libra is finished and now we enter Scorpio, the constellation of the Goddess of Death. The Derivatives Beast continues to munch away, unstoppable. AIG is demanding more loot because it is a bottomless pit. The übergnome of the planet, Greenspan, admits that he may have had a tiny flaw in his economics plans! HAHAHA. But the real heavy news of the hour is the amazing skyrocketing value of the YEN! It is shooting upwards at an astonishing rate. The Japanese are beyond hysterical about this. They see their doom for it is killing the export trade golden goose!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The yen continues to rise against both the dollar and the euro. The entire universe of the FX trade complex is in a roaring collapse as the old status quo of the Japanese carry trade violently unwinds. This is exposing all the hedge schemes and other monetary games to greatest destruction which is why world markets are reeling. The fundamental basis for all global lending has been the Japanese carry trade. 'Restarting liquidity' has required greatest efforts on the part of all central banks working with governments basically de-privatizing all banking systems WHILE STILL LEAVING ALL THE ORIGINAL GNOMES IN CHARGE OF EVERYTHING. This, of course, is dangerous and stupid.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The confiscations of systems and wealth generating locations is beginning. The US has opened yet another window into the awful nothingness of the Cave of Wealth and Death. The 'rescue' amounts are now well over $2 trillion and rising weekly. The 90% losses from Lehman's collapse in the CDO markets is still not being acknowledged nor examined realistically. Bush promises MORE 'free trade' as he and other rulers push yet again for more of the Doha Round process to finish its job of killing the US industrial base. All the taps are wide open and all of this future wealth is vanishing today. Hedge funds are failing fast due to not being hedges at all but scams. The global trade collapse is confusing many mainstream commentators who would love to think that all is basically well, this is just some sort of odd glitch. It is not.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Last year exactly, the G7 nations were all fighting with the US to get the dollar stronger. This was their first reaction to the banking crisis that began on 7/17/7. Today, they are grimly settling in with a very fragile return to the status quo which was lost back then. So stocks go up, of course. AIG is now running in circles trying to avoid being arrested for fraud, grand larceny and treason. Send them to China to be punished! And dear readers, those of you who hate socialism, read today's posting very carefully. The Rich LOVE socialism for themselves and intend to make you all pay for all this AIG-style socialism while you get nothing in return except a lifetime of debt. This is called 'peonage' or 'serfdom', not freedom.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US tumbles into a bad, bad recession, we are having an election. And there is virtually no discussion about what is really wrong. Indeed, the main focus in this election isn't war or our trade deficit or yawning budget deficit, it is nearly all about race. To the fury of many who want otherwise. But then, from day one in the US, it has been all about race and slavery which were embedded within our Constitution and excised very painfully and often, extremely violently. I will discuss this history later. First, the economic news. After central banks nationalized the G7 banking systems, they managed to sort of restart the old status quo. This is bad.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

We live on this little mountain in Upstate New York. New England has been famous for centuries for the spectacular fall foliage color display. Due to the mix of trees, we get a month-long series of colorful contrasts and changes. Coupled with changes in the weather, when the sun shines or the clouds move over this amazing landscape, everything changes radically. It is a never-ending wonder to watch each hour of each day go by, contemplating the contours of these mountains under constantly changing conditions.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Some readers have sent me a series of really nice poems so I hope everyone isn't too unhappy with comments or cartoons I publish here and instead, enjoy some sarcastic or lovely poems. I do hope everyone realizes that I enjoy debates here and welcome any and all comments. I don't get mad if people have other opinions, far from it! In diversity lies knowledge! The act of debating things leads to understanding. And the value of poetry is, it transcends all of this for it is a love of language and all debates are improved by using language playfully and spiritually as well as mockingly. I want to thank everyone for sending these poems!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Living Inside The Economic Volcano With Angry Gods

One of my favorite song birds, Yma Sumac, has flown from this earth and is now gone forever. Time to memorialize her. Also, we talk about the Japanese carry trade yet again. It is being restarted with great effort by the central bankers who want to continue flooding us with debts. And Rubins and Bernstein, two of Obama's economic advisors, talk at the NYT. I rip things apart. And we discuss the Volcano Gods who happen to be in the news today.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

November 03, 2008 | Permalink

I hurt my fingers yesterday so I couldn't post anything. Now, with band aids all over the place, I can type again. Typepad continues to annoy me with bugs and a refusal to understand their coding is awful. But on to less serious matters [hahaha] the economy: time to pause and look at a bunch of graphs. They show a rapidly deteriorating situation which the US has never had before. Roubini's RGE Monitor publishes a ridiculous analysis about the Derivatives Beast. Evidently, this economist named 'Pickel' thinks there is no problem, all is well. The Beast is NOT eating our banking gnomes and spitting out bones! Right. And the Middle East is now sliding into a pre-revolt mode as the oil kings decide to cut welfare payments. Bin Laden is ecstatic.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

November 02, 2008 | Permalink | TrackBack (0)

Halloween is here and the trickery and treatery treachery continues to cause market turmoil. That is, AIG's business with feeding and playing with the Derivatives Beast is now unwinding in the typical way such deals end: the monster eats its master. Right now, it is eating up $144 billion of US taxpayer funds. Also, the DTCC is in the news again because of its own relationship with this same fearful monster, the Derivatives Beast. And the Japanese savers are now being eaten by this same critter! Who would have guessed? And commodity inflation is again, taking off as Japan drops its interest rate to 0.3% and the US to 1%. Who would have guessed again? HAHAHA.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Hell's bells! Is the only way to get attention, walking away totally? I have done this in the past! I carry grudges. When a store irritates me too much, I never, ever come back. So it is here. I have been unable to do cartoons lately because of the difficulties posting here. And my neck hurts. The muscles from the shoulders to the back of the head are extremely tight.

Normally, I listen to operas while merrily writing away. All is serene. I even laugh.

Now, I literally gnash my teeth. Good riddance, Typepad.

TO READ MORE CLICK HERE

October 31, 2008 | Permalink | TrackBack (0)

White House press airhead, Perrino, tells reporters that banks exist ONLY to lend. This sets me off on my usual screaming fits since understanding the history of banking and the true mission of banking is at the very heart of the collapse of nearly all banks on this planet. Also, the gnomes are using the rescue funds to line their own wallets. Somehow, this doesn't surprise me at all, nor any readers here. Heh. And time to talk yet again about a very verboten topic: the flood of illegal alien home buyers who bid up housing to outrageous levels and who are ditching their purchases that are mostly only a year or two old, as they flee again.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

October 30, 2008 | Permalink

World stock markets are shooting up like a rocket based on the perception that the G7 central bankers and politicians will restart the destructive status quo that involves the US allowing the flood of exports to enter our country and devastate our industrial base. Great news, eh? All this will be fed by an orgy of 0% financing. Sounds like all those auto commercials. As we watch the entire concept of banking go into this moral collapse, it pays to look closely at the deals we are accepting here. Just like those auto loans at a fake 0% interest rate: read the fine print and see the truth.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The world's biggest economies are dropping interest rates to 0% while the smaller nations are being forced to raise rates to over 18%.  All smaller currencies are dropping against the yen but finally, the G7 got the yen to weaken slightly and this has caused great rejoicing. I examine the flies infesting this ointment.  China and Russia continue to merge.  Russian billionaires continue to buy threadbare British officials.  American banks are using the bail out money to party, give bonuses and buy out each other, not lend.  And the Chinese design a gigantic rabbit shaped pavilion.  Holy Monty Python!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

October 28, 2008 | Permalink

The utter insanity and panic over the fact that the Japanese Carry Trade has died is obvious. Unlike last year, when everyone was so pious about how Japan was in this terrible depression while inflation raged in the streets of Tokyo, the G7 nations hammered China nonstop about raising the value of the yuan. But not a peep about the very weak yen which was dropping against all currencies except Zimbabwe! Well, now that the carry trade has violently unwound, the G7 is demanding it back! They need it for LIQUIDITY. Just as I stated several years ago! And I was right! Wow! Give me the Nobel Prize for Economics!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

During the last few weeks, I have read many commentaries trying to explain the current mess that world trade is in today. Virtually no one seems to understand the trap we are in is due to trade imbalance, not banking difficulties. The banking problems grew out of the trade problems. And worse, the trade problems grew out of the difficulties of the US empire funding its military arm via debt, not taxes. Also, I wish to talk about the history of China's money. For China was the inventor or leader in the use of currencies, paper fiat money and global trade relative values. It is also a tragic history which is even more important.

TO READ MORE CLICK HERE

CLICK HERE TO FOR EZ LARGE PRINT EDITION

It is a very windy, thunderstormy October night. The leaves are being stripped from the trees, flying wildly high into the clouds, whipped far from the gentle embrace of the Mother Trees. So we are going to talk about Synthetic CDOs and figure out not only why they are all losing 80-90% of their value but also looking at the people responsible for this mess and how much did they actually know several years ago. Hint: they knew perfectly well, what they were cooking up. They just thought that October storms would never hit, would it? Right.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US falls into the same system that runs Japan, we have to recognize that the effects of the 0% system is not going to fix the US trade deficit. The Treasury is allowing all our dear, bankrupt banks to announce that they are going to the bankrupt Fed for funds. We also look at a series of old, old newspaper clippings that clearly show that today's mess is nearly totally identical to past messes. The IMF is going to allow many of the 'first world' nations to borrow immense sums. And not live under IMF cruel rules, either, I bet. And we revisit the business of the Plunge Protection Team. 

TO READ MORE CLICK HERE 

CLICK HERE FOR EZ LARGE PRINT EDITION

Happy Birthday to my loving husband day! It is colder outside, Libra is finished and now we enter Scorpio, the constellation of the Goddess of Death. The Derivatives Beast continues to munch away, unstoppable. AIG is demanding more loot because it is a bottomless pit. The übergnome of the planet, Greenspan, admits that he may have had a tiny flaw in his economics plans! HAHAHA. But the real heavy news of the hour is the amazing skyrocketing value of the YEN! It is shooting upwards at an astonishing rate. The Japanese are beyond hysterical about this. They see their doom for it is killing the export trade golden goose!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The yen continues to rise against both the dollar and the euro. The entire universe of the FX trade complex is in a roaring collapse as the old status quo of the Japanese carry trade violently unwinds. This is exposing all the hedge schemes and other monetary games to greatest destruction which is why world markets are reeling. The fundamental basis for all global lending has been the Japanese carry trade. 'Restarting liquidity' has required greatest efforts on the part of all central banks working with governments basically de-privatizing all banking systems WHILE STILL LEAVING ALL THE ORIGINAL GNOMES IN CHARGE OF EVERYTHING. This, of course, is dangerous and stupid.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The confiscations of systems and wealth generating locations is beginning. The US has opened yet another window into the awful nothingness of the Cave of Wealth and Death. The 'rescue' amounts are now well over $2 trillion and rising weekly. The 90% losses from Lehman's collapse in the CDO markets is still not being acknowledged nor examined realistically. Bush promises MORE 'free trade' as he and other rulers push yet again for more of the Doha Round process to finish its job of killing the US industrial base. All the taps are wide open and all of this future wealth is vanishing today. Hedge funds are failing fast due to not being hedges at all but scams. The global trade collapse is confusing many mainstream commentators who would love to think that all is basically well, this is just some sort of odd glitch. It is not.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Last year exactly, the G7 nations were all fighting with the US to get the dollar stronger. This was their first reaction to the banking crisis that began on 7/17/7. Today, they are grimly settling in with a very fragile return to the status quo which was lost back then. So stocks go up, of course. AIG is now running in circles trying to avoid being arrested for fraud, grand larceny and treason. Send them to China to be punished! And dear readers, those of you who hate socialism, read today's posting very carefully. The Rich LOVE socialism for themselves and intend to make you all pay for all this AIG-style socialism while you get nothing in return except a lifetime of debt. This is called 'peonage' or 'serfdom', not freedom.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US tumbles into a bad, bad recession, we are having an election. And there is virtually no discussion about what is really wrong. Indeed, the main focus in this election isn't war or our trade deficit or yawning budget deficit, it is nearly all about race. To the fury of many who want otherwise. But then, from day one in the US, it has been all about race and slavery which were embedded within our Constitution and excised very painfully and often, extremely violently. I will discuss this history later. First, the economic news. After central banks nationalized the G7 banking systems, they managed to sort of restart the old status quo. This is bad.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

We live on this little mountain in Upstate New York. New England has been famous for centuries for the spectacular fall foliage color display. Due to the mix of trees, we get a month-long series of colorful contrasts and changes. Coupled with changes in the weather, when the sun shines or the clouds move over this amazing landscape, everything changes radically. It is a never-ending wonder to watch each hour of each day go by, contemplating the contours of these mountains under constantly changing conditions.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Some readers have sent me a series of really nice poems so I hope everyone isn't too unhappy with comments or cartoons I publish here and instead, enjoy some sarcastic or lovely poems. I do hope everyone realizes that I enjoy debates here and welcome any and all comments. I don't get mad if people have other opinions, far from it! In diversity lies knowledge! The act of debating things leads to understanding. And the value of poetry is, it transcends all of this for it is a love of language and all debates are improved by using language playfully and spiritually as well as mockingly. I want to thank everyone for sending these poems!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Fed Reserve Built America Into Giant Debtor's Prison

I hurt my fingers yesterday so I couldn't post anything. Now, with band aids all over the place, I can type again. Typepad continues to annoy me with bugs and a refusal to understand their coding is awful. But on to less serious matters [hahaha] the economy: time to pause and look at a bunch of graphs. They show a rapidly deteriorating situation which the US has never had before. Roubini's RGE Monitor publishes a ridiculous analysis about the Derivatives Beast. Evidently, this economist named 'Pickel' thinks there is no problem, all is well. The Beast is NOT eating our banking gnomes and spitting out bones! Right. And the Middle East is now sliding into a pre-revolt mode as the oil kings decide to cut welfare payments. Bin Laden is ecstatic.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

November 02, 2008 | Permalink | TrackBack (0)

Halloween is here and the trickery and treatery treachery continues to cause market turmoil. That is, AIG's business with feeding and playing with the Derivatives Beast is now unwinding in the typical way such deals end: the monster eats its master. Right now, it is eating up $144 billion of US taxpayer funds. Also, the DTCC is in the news again because of its own relationship with this same fearful monster, the Derivatives Beast. And the Japanese savers are now being eaten by this same critter! Who would have guessed? And commodity inflation is again, taking off as Japan drops its interest rate to 0.3% and the US to 1%. Who would have guessed again? HAHAHA.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Hell's bells! Is the only way to get attention, walking away totally? I have done this in the past! I carry grudges. When a store irritates me too much, I never, ever come back. So it is here. I have been unable to do cartoons lately because of the difficulties posting here. And my neck hurts. The muscles from the shoulders to the back of the head are extremely tight.

Normally, I listen to operas while merrily writing away. All is serene. I even laugh.

Now, I literally gnash my teeth. Good riddance, Typepad.

TO READ MORE CLICK HERE

October 31, 2008 | Permalink | TrackBack (0)

White House press airhead, Perrino, tells reporters that banks exist ONLY to lend. This sets me off on my usual screaming fits since understanding the history of banking and the true mission of banking is at the very heart of the collapse of nearly all banks on this planet. Also, the gnomes are using the rescue funds to line their own wallets. Somehow, this doesn't surprise me at all, nor any readers here. Heh. And time to talk yet again about a very verboten topic: the flood of illegal alien home buyers who bid up housing to outrageous levels and who are ditching their purchases that are mostly only a year or two old, as they flee again.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

October 30, 2008 | Permalink

World stock markets are shooting up like a rocket based on the perception that the G7 central bankers and politicians will restart the destructive status quo that involves the US allowing the flood of exports to enter our country and devastate our industrial base. Great news, eh? All this will be fed by an orgy of 0% financing. Sounds like all those auto commercials. As we watch the entire concept of banking go into this moral collapse, it pays to look closely at the deals we are accepting here. Just like those auto loans at a fake 0% interest rate: read the fine print and see the truth.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The world's biggest economies are dropping interest rates to 0% while the smaller nations are being forced to raise rates to over 18%.  All smaller currencies are dropping against the yen but finally, the G7 got the yen to weaken slightly and this has caused great rejoicing. I examine the flies infesting this ointment.  China and Russia continue to merge.  Russian billionaires continue to buy threadbare British officials.  American banks are using the bail out money to party, give bonuses and buy out each other, not lend.  And the Chinese design a gigantic rabbit shaped pavilion.  Holy Monty Python!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

October 28, 2008 | Permalink

The utter insanity and panic over the fact that the Japanese Carry Trade has died is obvious. Unlike last year, when everyone was so pious about how Japan was in this terrible depression while inflation raged in the streets of Tokyo, the G7 nations hammered China nonstop about raising the value of the yuan. But not a peep about the very weak yen which was dropping against all currencies except Zimbabwe! Well, now that the carry trade has violently unwound, the G7 is demanding it back! They need it for LIQUIDITY. Just as I stated several years ago! And I was right! Wow! Give me the Nobel Prize for Economics!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

During the last few weeks, I have read many commentaries trying to explain the current mess that world trade is in today. Virtually no one seems to understand the trap we are in is due to trade imbalance, not banking difficulties. The banking problems grew out of the trade problems. And worse, the trade problems grew out of the difficulties of the US empire funding its military arm via debt, not taxes. Also, I wish to talk about the history of China's money. For China was the inventor or leader in the use of currencies, paper fiat money and global trade relative values. It is also a tragic history which is even more important.

TO READ MORE CLICK HERE

CLICK HERE TO FOR EZ LARGE PRINT EDITION

It is a very windy, thunderstormy October night. The leaves are being stripped from the trees, flying wildly high into the clouds, whipped far from the gentle embrace of the Mother Trees. So we are going to talk about Synthetic CDOs and figure out not only why they are all losing 80-90% of their value but also looking at the people responsible for this mess and how much did they actually know several years ago. Hint: they knew perfectly well, what they were cooking up. They just thought that October storms would never hit, would it? Right.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US falls into the same system that runs Japan, we have to recognize that the effects of the 0% system is not going to fix the US trade deficit. The Treasury is allowing all our dear, bankrupt banks to announce that they are going to the bankrupt Fed for funds. We also look at a series of old, old newspaper clippings that clearly show that today's mess is nearly totally identical to past messes. The IMF is going to allow many of the 'first world' nations to borrow immense sums. And not live under IMF cruel rules, either, I bet. And we revisit the business of the Plunge Protection Team. 

TO READ MORE CLICK HERE 

CLICK HERE FOR EZ LARGE PRINT EDITION

Happy Birthday to my loving husband day! It is colder outside, Libra is finished and now we enter Scorpio, the constellation of the Goddess of Death. The Derivatives Beast continues to munch away, unstoppable. AIG is demanding more loot because it is a bottomless pit. The übergnome of the planet, Greenspan, admits that he may have had a tiny flaw in his economics plans! HAHAHA. But the real heavy news of the hour is the amazing skyrocketing value of the YEN! It is shooting upwards at an astonishing rate. The Japanese are beyond hysterical about this. They see their doom for it is killing the export trade golden goose!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The yen continues to rise against both the dollar and the euro. The entire universe of the FX trade complex is in a roaring collapse as the old status quo of the Japanese carry trade violently unwinds. This is exposing all the hedge schemes and other monetary games to greatest destruction which is why world markets are reeling. The fundamental basis for all global lending has been the Japanese carry trade. 'Restarting liquidity' has required greatest efforts on the part of all central banks working with governments basically de-privatizing all banking systems WHILE STILL LEAVING ALL THE ORIGINAL GNOMES IN CHARGE OF EVERYTHING. This, of course, is dangerous and stupid.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The confiscations of systems and wealth generating locations is beginning. The US has opened yet another window into the awful nothingness of the Cave of Wealth and Death. The 'rescue' amounts are now well over $2 trillion and rising weekly. The 90% losses from Lehman's collapse in the CDO markets is still not being acknowledged nor examined realistically. Bush promises MORE 'free trade' as he and other rulers push yet again for more of the Doha Round process to finish its job of killing the US industrial base. All the taps are wide open and all of this future wealth is vanishing today. Hedge funds are failing fast due to not being hedges at all but scams. The global trade collapse is confusing many mainstream commentators who would love to think that all is basically well, this is just some sort of odd glitch. It is not.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Last year exactly, the G7 nations were all fighting with the US to get the dollar stronger. This was their first reaction to the banking crisis that began on 7/17/7. Today, they are grimly settling in with a very fragile return to the status quo which was lost back then. So stocks go up, of course. AIG is now running in circles trying to avoid being arrested for fraud, grand larceny and treason. Send them to China to be punished! And dear readers, those of you who hate socialism, read today's posting very carefully. The Rich LOVE socialism for themselves and intend to make you all pay for all this AIG-style socialism while you get nothing in return except a lifetime of debt. This is called 'peonage' or 'serfdom', not freedom.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US tumbles into a bad, bad recession, we are having an election. And there is virtually no discussion about what is really wrong. Indeed, the main focus in this election isn't war or our trade deficit or yawning budget deficit, it is nearly all about race. To the fury of many who want otherwise. But then, from day one in the US, it has been all about race and slavery which were embedded within our Constitution and excised very painfully and often, extremely violently. I will discuss this history later. First, the economic news. After central banks nationalized the G7 banking systems, they managed to sort of restart the old status quo. This is bad.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

We live on this little mountain in Upstate New York. New England has been famous for centuries for the spectacular fall foliage color display. Due to the mix of trees, we get a month-long series of colorful contrasts and changes. Coupled with changes in the weather, when the sun shines or the clouds move over this amazing landscape, everything changes radically. It is a never-ending wonder to watch each hour of each day go by, contemplating the contours of these mountains under constantly changing conditions.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Some readers have sent me a series of really nice poems so I hope everyone isn't too unhappy with comments or cartoons I publish here and instead, enjoy some sarcastic or lovely poems. I do hope everyone realizes that I enjoy debates here and welcome any and all comments. I don't get mad if people have other opinions, far from it! In diversity lies knowledge! The act of debating things leads to understanding. And the value of poetry is, it transcends all of this for it is a love of language and all debates are improved by using language playfully and spiritually as well as mockingly. I want to thank everyone for sending these poems!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

More Naked Short Selling Gnomes And The DTCC

Halloween is here and the trickery and treatery treachery continues to cause market turmoil. That is, AIG's business with feeding and playing with the Derivatives Beast is now unwinding in the typical way such deals end: the monster eats its master. Right now, it is eating up $144 billion of US taxpayer funds. Also, the DTCC is in the news again because of its own relationship with this same fearful monster, the Derivatives Beast. And the Japanese savers are now being eaten by this same critter! Who would have guessed? And commodity inflation is again, taking off as Japan drops its interest rate to 0.3% and the US to 1%. Who would have guessed again? HAHAHA.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Typepad's Service SUCKS

Hell's bells! Is the only way to get attention, walking away totally? I have done this in the past! I carry grudges. When a store irritates me too much, I never, ever come back. So it is here. I have been unable to do cartoons lately because of the difficulties posting here. And my neck hurts. The muscles from the shoulders to the back of the head are extremely tight.

Normally, I listen to operas while merrily writing away. All is serene. I even laugh.

Now, I literally gnash my teeth. Good riddance, Typepad.

TO READ MORE CLICK HERE

October 31, 2008 | Permalink | TrackBack (0)

White House press airhead, Perrino, tells reporters that banks exist ONLY to lend. This sets me off on my usual screaming fits since understanding the history of banking and the true mission of banking is at the very heart of the collapse of nearly all banks on this planet. Also, the gnomes are using the rescue funds to line their own wallets. Somehow, this doesn't surprise me at all, nor any readers here. Heh. And time to talk yet again about a very verboten topic: the flood of illegal alien home buyers who bid up housing to outrageous levels and who are ditching their purchases that are mostly only a year or two old, as they flee again.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

October 30, 2008 | Permalink

World stock markets are shooting up like a rocket based on the perception that the G7 central bankers and politicians will restart the destructive status quo that involves the US allowing the flood of exports to enter our country and devastate our industrial base. Great news, eh? All this will be fed by an orgy of 0% financing. Sounds like all those auto commercials. As we watch the entire concept of banking go into this moral collapse, it pays to look closely at the deals we are accepting here. Just like those auto loans at a fake 0% interest rate: read the fine print and see the truth.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The world's biggest economies are dropping interest rates to 0% while the smaller nations are being forced to raise rates to over 18%.  All smaller currencies are dropping against the yen but finally, the G7 got the yen to weaken slightly and this has caused great rejoicing. I examine the flies infesting this ointment.  China and Russia continue to merge.  Russian billionaires continue to buy threadbare British officials.  American banks are using the bail out money to party, give bonuses and buy out each other, not lend.  And the Chinese design a gigantic rabbit shaped pavilion.  Holy Monty Python!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

October 28, 2008 | Permalink

The utter insanity and panic over the fact that the Japanese Carry Trade has died is obvious. Unlike last year, when everyone was so pious about how Japan was in this terrible depression while inflation raged in the streets of Tokyo, the G7 nations hammered China nonstop about raising the value of the yuan. But not a peep about the very weak yen which was dropping against all currencies except Zimbabwe! Well, now that the carry trade has violently unwound, the G7 is demanding it back! They need it for LIQUIDITY. Just as I stated several years ago! And I was right! Wow! Give me the Nobel Prize for Economics!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

During the last few weeks, I have read many commentaries trying to explain the current mess that world trade is in today. Virtually no one seems to understand the trap we are in is due to trade imbalance, not banking difficulties. The banking problems grew out of the trade problems. And worse, the trade problems grew out of the difficulties of the US empire funding its military arm via debt, not taxes. Also, I wish to talk about the history of China's money. For China was the inventor or leader in the use of currencies, paper fiat money and global trade relative values. It is also a tragic history which is even more important.

TO READ MORE CLICK HERE

CLICK HERE TO FOR EZ LARGE PRINT EDITION

It is a very windy, thunderstormy October night. The leaves are being stripped from the trees, flying wildly high into the clouds, whipped far from the gentle embrace of the Mother Trees. So we are going to talk about Synthetic CDOs and figure out not only why they are all losing 80-90% of their value but also looking at the people responsible for this mess and how much did they actually know several years ago. Hint: they knew perfectly well, what they were cooking up. They just thought that October storms would never hit, would it? Right.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US falls into the same system that runs Japan, we have to recognize that the effects of the 0% system is not going to fix the US trade deficit. The Treasury is allowing all our dear, bankrupt banks to announce that they are going to the bankrupt Fed for funds. We also look at a series of old, old newspaper clippings that clearly show that today's mess is nearly totally identical to past messes. The IMF is going to allow many of the 'first world' nations to borrow immense sums. And not live under IMF cruel rules, either, I bet. And we revisit the business of the Plunge Protection Team. 

TO READ MORE CLICK HERE 

CLICK HERE FOR EZ LARGE PRINT EDITION

Happy Birthday to my loving husband day! It is colder outside, Libra is finished and now we enter Scorpio, the constellation of the Goddess of Death. The Derivatives Beast continues to munch away, unstoppable. AIG is demanding more loot because it is a bottomless pit. The übergnome of the planet, Greenspan, admits that he may have had a tiny flaw in his economics plans! HAHAHA. But the real heavy news of the hour is the amazing skyrocketing value of the YEN! It is shooting upwards at an astonishing rate. The Japanese are beyond hysterical about this. They see their doom for it is killing the export trade golden goose!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The yen continues to rise against both the dollar and the euro. The entire universe of the FX trade complex is in a roaring collapse as the old status quo of the Japanese carry trade violently unwinds. This is exposing all the hedge schemes and other monetary games to greatest destruction which is why world markets are reeling. The fundamental basis for all global lending has been the Japanese carry trade. 'Restarting liquidity' has required greatest efforts on the part of all central banks working with governments basically de-privatizing all banking systems WHILE STILL LEAVING ALL THE ORIGINAL GNOMES IN CHARGE OF EVERYTHING. This, of course, is dangerous and stupid.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The confiscations of systems and wealth generating locations is beginning. The US has opened yet another window into the awful nothingness of the Cave of Wealth and Death. The 'rescue' amounts are now well over $2 trillion and rising weekly. The 90% losses from Lehman's collapse in the CDO markets is still not being acknowledged nor examined realistically. Bush promises MORE 'free trade' as he and other rulers push yet again for more of the Doha Round process to finish its job of killing the US industrial base. All the taps are wide open and all of this future wealth is vanishing today. Hedge funds are failing fast due to not being hedges at all but scams. The global trade collapse is confusing many mainstream commentators who would love to think that all is basically well, this is just some sort of odd glitch. It is not.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Last year exactly, the G7 nations were all fighting with the US to get the dollar stronger. This was their first reaction to the banking crisis that began on 7/17/7. Today, they are grimly settling in with a very fragile return to the status quo which was lost back then. So stocks go up, of course. AIG is now running in circles trying to avoid being arrested for fraud, grand larceny and treason. Send them to China to be punished! And dear readers, those of you who hate socialism, read today's posting very carefully. The Rich LOVE socialism for themselves and intend to make you all pay for all this AIG-style socialism while you get nothing in return except a lifetime of debt. This is called 'peonage' or 'serfdom', not freedom.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US tumbles into a bad, bad recession, we are having an election. And there is virtually no discussion about what is really wrong. Indeed, the main focus in this election isn't war or our trade deficit or yawning budget deficit, it is nearly all about race. To the fury of many who want otherwise. But then, from day one in the US, it has been all about race and slavery which were embedded within our Constitution and excised very painfully and often, extremely violently. I will discuss this history later. First, the economic news. After central banks nationalized the G7 banking systems, they managed to sort of restart the old status quo. This is bad.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

We live on this little mountain in Upstate New York. New England has been famous for centuries for the spectacular fall foliage color display. Due to the mix of trees, we get a month-long series of colorful contrasts and changes. Coupled with changes in the weather, when the sun shines or the clouds move over this amazing landscape, everything changes radically. It is a never-ending wonder to watch each hour of each day go by, contemplating the contours of these mountains under constantly changing conditions.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Some readers have sent me a series of really nice poems so I hope everyone isn't too unhappy with comments or cartoons I publish here and instead, enjoy some sarcastic or lovely poems. I do hope everyone realizes that I enjoy debates here and welcome any and all comments. I don't get mad if people have other opinions, far from it! In diversity lies knowledge! The act of debating things leads to understanding. And the value of poetry is, it transcends all of this for it is a love of language and all debates are improved by using language playfully and spiritually as well as mockingly. I want to thank everyone for sending these poems!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The True Nature of Banking Is NOT Lending

White House press airhead, Perrino, tells reporters that banks exist ONLY to lend. This sets me off on my usual screaming fits since understanding the history of banking and the true mission of banking is at the very heart of the collapse of nearly all banks on this planet. Also, the gnomes are using the rescue funds to line their own wallets. Somehow, this doesn't surprise me at all, nor any readers here. Heh. And time to talk yet again about a very verboten topic: the flood of illegal alien home buyers who bid up housing to outrageous levels and who are ditching their purchases that are mostly only a year or two old, as they flee again.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

October 30, 2008 | Permalink

World stock markets are shooting up like a rocket based on the perception that the G7 central bankers and politicians will restart the destructive status quo that involves the US allowing the flood of exports to enter our country and devastate our industrial base. Great news, eh? All this will be fed by an orgy of 0% financing. Sounds like all those auto commercials. As we watch the entire concept of banking go into this moral collapse, it pays to look closely at the deals we are accepting here. Just like those auto loans at a fake 0% interest rate: read the fine print and see the truth.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The world's biggest economies are dropping interest rates to 0% while the smaller nations are being forced to raise rates to over 18%.  All smaller currencies are dropping against the yen but finally, the G7 got the yen to weaken slightly and this has caused great rejoicing. I examine the flies infesting this ointment.  China and Russia continue to merge.  Russian billionaires continue to buy threadbare British officials.  American banks are using the bail out money to party, give bonuses and buy out each other, not lend.  And the Chinese design a gigantic rabbit shaped pavilion.  Holy Monty Python!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

October 28, 2008 | Permalink

The utter insanity and panic over the fact that the Japanese Carry Trade has died is obvious. Unlike last year, when everyone was so pious about how Japan was in this terrible depression while inflation raged in the streets of Tokyo, the G7 nations hammered China nonstop about raising the value of the yuan. But not a peep about the very weak yen which was dropping against all currencies except Zimbabwe! Well, now that the carry trade has violently unwound, the G7 is demanding it back! They need it for LIQUIDITY. Just as I stated several years ago! And I was right! Wow! Give me the Nobel Prize for Economics!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

During the last few weeks, I have read many commentaries trying to explain the current mess that world trade is in today. Virtually no one seems to understand the trap we are in is due to trade imbalance, not banking difficulties. The banking problems grew out of the trade problems. And worse, the trade problems grew out of the difficulties of the US empire funding its military arm via debt, not taxes. Also, I wish to talk about the history of China's money. For China was the inventor or leader in the use of currencies, paper fiat money and global trade relative values. It is also a tragic history which is even more important.

TO READ MORE CLICK HERE

CLICK HERE TO FOR EZ LARGE PRINT EDITION

It is a very windy, thunderstormy October night. The leaves are being stripped from the trees, flying wildly high into the clouds, whipped far from the gentle embrace of the Mother Trees. So we are going to talk about Synthetic CDOs and figure out not only why they are all losing 80-90% of their value but also looking at the people responsible for this mess and how much did they actually know several years ago. Hint: they knew perfectly well, what they were cooking up. They just thought that October storms would never hit, would it? Right.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US falls into the same system that runs Japan, we have to recognize that the effects of the 0% system is not going to fix the US trade deficit. The Treasury is allowing all our dear, bankrupt banks to announce that they are going to the bankrupt Fed for funds. We also look at a series of old, old newspaper clippings that clearly show that today's mess is nearly totally identical to past messes. The IMF is going to allow many of the 'first world' nations to borrow immense sums. And not live under IMF cruel rules, either, I bet. And we revisit the business of the Plunge Protection Team. 

TO READ MORE CLICK HERE 

CLICK HERE FOR EZ LARGE PRINT EDITION

Happy Birthday to my loving husband day! It is colder outside, Libra is finished and now we enter Scorpio, the constellation of the Goddess of Death. The Derivatives Beast continues to munch away, unstoppable. AIG is demanding more loot because it is a bottomless pit. The übergnome of the planet, Greenspan, admits that he may have had a tiny flaw in his economics plans! HAHAHA. But the real heavy news of the hour is the amazing skyrocketing value of the YEN! It is shooting upwards at an astonishing rate. The Japanese are beyond hysterical about this. They see their doom for it is killing the export trade golden goose!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The yen continues to rise against both the dollar and the euro. The entire universe of the FX trade complex is in a roaring collapse as the old status quo of the Japanese carry trade violently unwinds. This is exposing all the hedge schemes and other monetary games to greatest destruction which is why world markets are reeling. The fundamental basis for all global lending has been the Japanese carry trade. 'Restarting liquidity' has required greatest efforts on the part of all central banks working with governments basically de-privatizing all banking systems WHILE STILL LEAVING ALL THE ORIGINAL GNOMES IN CHARGE OF EVERYTHING. This, of course, is dangerous and stupid.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The confiscations of systems and wealth generating locations is beginning. The US has opened yet another window into the awful nothingness of the Cave of Wealth and Death. The 'rescue' amounts are now well over $2 trillion and rising weekly. The 90% losses from Lehman's collapse in the CDO markets is still not being acknowledged nor examined realistically. Bush promises MORE 'free trade' as he and other rulers push yet again for more of the Doha Round process to finish its job of killing the US industrial base. All the taps are wide open and all of this future wealth is vanishing today. Hedge funds are failing fast due to not being hedges at all but scams. The global trade collapse is confusing many mainstream commentators who would love to think that all is basically well, this is just some sort of odd glitch. It is not.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Last year exactly, the G7 nations were all fighting with the US to get the dollar stronger. This was their first reaction to the banking crisis that began on 7/17/7. Today, they are grimly settling in with a very fragile return to the status quo which was lost back then. So stocks go up, of course. AIG is now running in circles trying to avoid being arrested for fraud, grand larceny and treason. Send them to China to be punished! And dear readers, those of you who hate socialism, read today's posting very carefully. The Rich LOVE socialism for themselves and intend to make you all pay for all this AIG-style socialism while you get nothing in return except a lifetime of debt. This is called 'peonage' or 'serfdom', not freedom.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US tumbles into a bad, bad recession, we are having an election. And there is virtually no discussion about what is really wrong. Indeed, the main focus in this election isn't war or our trade deficit or yawning budget deficit, it is nearly all about race. To the fury of many who want otherwise. But then, from day one in the US, it has been all about race and slavery which were embedded within our Constitution and excised very painfully and often, extremely violently. I will discuss this history later. First, the economic news. After central banks nationalized the G7 banking systems, they managed to sort of restart the old status quo. This is bad.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

We live on this little mountain in Upstate New York. New England has been famous for centuries for the spectacular fall foliage color display. Due to the mix of trees, we get a month-long series of colorful contrasts and changes. Coupled with changes in the weather, when the sun shines or the clouds move over this amazing landscape, everything changes radically. It is a never-ending wonder to watch each hour of each day go by, contemplating the contours of these mountains under constantly changing conditions.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Some readers have sent me a series of really nice poems so I hope everyone isn't too unhappy with comments or cartoons I publish here and instead, enjoy some sarcastic or lovely poems. I do hope everyone realizes that I enjoy debates here and welcome any and all comments. I don't get mad if people have other opinions, far from it! In diversity lies knowledge! The act of debating things leads to understanding. And the value of poetry is, it transcends all of this for it is a love of language and all debates are improved by using language playfully and spiritually as well as mockingly. I want to thank everyone for sending these poems!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

0% Global Interest Rates Totally Destroys Banking

World stock markets are shooting up like a rocket based on the perception that the G7 central bankers and politicians will restart the destructive status quo that involves the US allowing the flood of exports to enter our country and devastate our industrial base. Great news, eh? All this will be fed by an orgy of 0% financing. Sounds like all those auto commercials. As we watch the entire concept of banking go into this moral collapse, it pays to look closely at the deals we are accepting here. Just like those auto loans at a fake 0% interest rate: read the fine print and see the truth.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

G7 Gigantic Rescue Operation Now Underway

The world's biggest economies are dropping interest rates to 0% while the smaller nations are being forced to raise rates to over 18%.  All smaller currencies are dropping against the yen but finally, the G7 got the yen to weaken slightly and this has caused great rejoicing. I examine the flies infesting this ointment.  China and Russia continue to merge.  Russian billionaires continue to buy threadbare British officials.  American banks are using the bail out money to party, give bonuses and buy out each other, not lend.  And the Chinese design a gigantic rabbit shaped pavilion.  Holy Monty Python!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

October 28, 2008 | Permalink

The utter insanity and panic over the fact that the Japanese Carry Trade has died is obvious. Unlike last year, when everyone was so pious about how Japan was in this terrible depression while inflation raged in the streets of Tokyo, the G7 nations hammered China nonstop about raising the value of the yuan. But not a peep about the very weak yen which was dropping against all currencies except Zimbabwe! Well, now that the carry trade has violently unwound, the G7 is demanding it back! They need it for LIQUIDITY. Just as I stated several years ago! And I was right! Wow! Give me the Nobel Prize for Economics!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

During the last few weeks, I have read many commentaries trying to explain the current mess that world trade is in today. Virtually no one seems to understand the trap we are in is due to trade imbalance, not banking difficulties. The banking problems grew out of the trade problems. And worse, the trade problems grew out of the difficulties of the US empire funding its military arm via debt, not taxes. Also, I wish to talk about the history of China's money. For China was the inventor or leader in the use of currencies, paper fiat money and global trade relative values. It is also a tragic history which is even more important.

TO READ MORE CLICK HERE

CLICK HERE TO FOR EZ LARGE PRINT EDITION

It is a very windy, thunderstormy October night. The leaves are being stripped from the trees, flying wildly high into the clouds, whipped far from the gentle embrace of the Mother Trees. So we are going to talk about Synthetic CDOs and figure out not only why they are all losing 80-90% of their value but also looking at the people responsible for this mess and how much did they actually know several years ago. Hint: they knew perfectly well, what they were cooking up. They just thought that October storms would never hit, would it? Right.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US falls into the same system that runs Japan, we have to recognize that the effects of the 0% system is not going to fix the US trade deficit. The Treasury is allowing all our dear, bankrupt banks to announce that they are going to the bankrupt Fed for funds. We also look at a series of old, old newspaper clippings that clearly show that today's mess is nearly totally identical to past messes. The IMF is going to allow many of the 'first world' nations to borrow immense sums. And not live under IMF cruel rules, either, I bet. And we revisit the business of the Plunge Protection Team. 

TO READ MORE CLICK HERE 

CLICK HERE FOR EZ LARGE PRINT EDITION

Happy Birthday to my loving husband day! It is colder outside, Libra is finished and now we enter Scorpio, the constellation of the Goddess of Death. The Derivatives Beast continues to munch away, unstoppable. AIG is demanding more loot because it is a bottomless pit. The übergnome of the planet, Greenspan, admits that he may have had a tiny flaw in his economics plans! HAHAHA. But the real heavy news of the hour is the amazing skyrocketing value of the YEN! It is shooting upwards at an astonishing rate. The Japanese are beyond hysterical about this. They see their doom for it is killing the export trade golden goose!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The yen continues to rise against both the dollar and the euro. The entire universe of the FX trade complex is in a roaring collapse as the old status quo of the Japanese carry trade violently unwinds. This is exposing all the hedge schemes and other monetary games to greatest destruction which is why world markets are reeling. The fundamental basis for all global lending has been the Japanese carry trade. 'Restarting liquidity' has required greatest efforts on the part of all central banks working with governments basically de-privatizing all banking systems WHILE STILL LEAVING ALL THE ORIGINAL GNOMES IN CHARGE OF EVERYTHING. This, of course, is dangerous and stupid.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The confiscations of systems and wealth generating locations is beginning. The US has opened yet another window into the awful nothingness of the Cave of Wealth and Death. The 'rescue' amounts are now well over $2 trillion and rising weekly. The 90% losses from Lehman's collapse in the CDO markets is still not being acknowledged nor examined realistically. Bush promises MORE 'free trade' as he and other rulers push yet again for more of the Doha Round process to finish its job of killing the US industrial base. All the taps are wide open and all of this future wealth is vanishing today. Hedge funds are failing fast due to not being hedges at all but scams. The global trade collapse is confusing many mainstream commentators who would love to think that all is basically well, this is just some sort of odd glitch. It is not.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Last year exactly, the G7 nations were all fighting with the US to get the dollar stronger. This was their first reaction to the banking crisis that began on 7/17/7. Today, they are grimly settling in with a very fragile return to the status quo which was lost back then. So stocks go up, of course. AIG is now running in circles trying to avoid being arrested for fraud, grand larceny and treason. Send them to China to be punished! And dear readers, those of you who hate socialism, read today's posting very carefully. The Rich LOVE socialism for themselves and intend to make you all pay for all this AIG-style socialism while you get nothing in return except a lifetime of debt. This is called 'peonage' or 'serfdom', not freedom.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US tumbles into a bad, bad recession, we are having an election. And there is virtually no discussion about what is really wrong. Indeed, the main focus in this election isn't war or our trade deficit or yawning budget deficit, it is nearly all about race. To the fury of many who want otherwise. But then, from day one in the US, it has been all about race and slavery which were embedded within our Constitution and excised very painfully and often, extremely violently. I will discuss this history later. First, the economic news. After central banks nationalized the G7 banking systems, they managed to sort of restart the old status quo. This is bad.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

We live on this little mountain in Upstate New York. New England has been famous for centuries for the spectacular fall foliage color display. Due to the mix of trees, we get a month-long series of colorful contrasts and changes. Coupled with changes in the weather, when the sun shines or the clouds move over this amazing landscape, everything changes radically. It is a never-ending wonder to watch each hour of each day go by, contemplating the contours of these mountains under constantly changing conditions.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Some readers have sent me a series of really nice poems so I hope everyone isn't too unhappy with comments or cartoons I publish here and instead, enjoy some sarcastic or lovely poems. I do hope everyone realizes that I enjoy debates here and welcome any and all comments. I don't get mad if people have other opinions, far from it! In diversity lies knowledge! The act of debating things leads to understanding. And the value of poetry is, it transcends all of this for it is a love of language and all debates are improved by using language playfully and spiritually as well as mockingly. I want to thank everyone for sending these poems!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Carry Me Home, Sweet Japanese Bankers!

The utter insanity and panic over the fact that the Japanese Carry Trade has died is obvious. Unlike last year, when everyone was so pious about how Japan was in this terrible depression while inflation raged in the streets of Tokyo, the G7 nations hammered China nonstop about raising the value of the yuan. But not a peep about the very weak yen which was dropping against all currencies except Zimbabwe! Well, now that the carry trade has violently unwound, the G7 is demanding it back! They need it for LIQUIDITY. Just as I stated several years ago! And I was right! Wow! Give me the Nobel Prize for Economics!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

History of Chinese Trade and Money

During the last few weeks, I have read many commentaries trying to explain the current mess that world trade is in today. Virtually no one seems to understand the trap we are in is due to trade imbalance, not banking difficulties. The banking problems grew out of the trade problems. And worse, the trade problems grew out of the difficulties of the US empire funding its military arm via debt, not taxes. Also, I wish to talk about the history of China's money. For China was the inventor or leader in the use of currencies, paper fiat money and global trade relative values. It is also a tragic history which is even more important.

TO READ MORE CLICK HERE

CLICK HERE TO FOR EZ LARGE PRINT EDITION

Synthetic CDOs Slit Many Banking Throats

It is a very windy, thunderstormy October night. The leaves are being stripped from the trees, flying wildly high into the clouds, whipped far from the gentle embrace of the Mother Trees. So we are going to talk about Synthetic CDOs and figure out not only why they are all losing 80-90% of their value but also looking at the people responsible for this mess and how much did they actually know several years ago. Hint: they knew perfectly well, what they were cooking up. They just thought that October storms would never hit, would it? Right.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US falls into the same system that runs Japan, we have to recognize that the effects of the 0% system is not going to fix the US trade deficit. The Treasury is allowing all our dear, bankrupt banks to announce that they are going to the bankrupt Fed for funds. We also look at a series of old, old newspaper clippings that clearly show that today's mess is nearly totally identical to past messes. The IMF is going to allow many of the 'first world' nations to borrow immense sums. And not live under IMF cruel rules, either, I bet. And we revisit the business of the Plunge Protection Team. 

TO READ MORE CLICK HERE 

CLICK HERE FOR EZ LARGE PRINT EDITION

Happy Birthday to my loving husband day! It is colder outside, Libra is finished and now we enter Scorpio, the constellation of the Goddess of Death. The Derivatives Beast continues to munch away, unstoppable. AIG is demanding more loot because it is a bottomless pit. The übergnome of the planet, Greenspan, admits that he may have had a tiny flaw in his economics plans! HAHAHA. But the real heavy news of the hour is the amazing skyrocketing value of the YEN! It is shooting upwards at an astonishing rate. The Japanese are beyond hysterical about this. They see their doom for it is killing the export trade golden goose!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The yen continues to rise against both the dollar and the euro. The entire universe of the FX trade complex is in a roaring collapse as the old status quo of the Japanese carry trade violently unwinds. This is exposing all the hedge schemes and other monetary games to greatest destruction which is why world markets are reeling. The fundamental basis for all global lending has been the Japanese carry trade. 'Restarting liquidity' has required greatest efforts on the part of all central banks working with governments basically de-privatizing all banking systems WHILE STILL LEAVING ALL THE ORIGINAL GNOMES IN CHARGE OF EVERYTHING. This, of course, is dangerous and stupid.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The confiscations of systems and wealth generating locations is beginning. The US has opened yet another window into the awful nothingness of the Cave of Wealth and Death. The 'rescue' amounts are now well over $2 trillion and rising weekly. The 90% losses from Lehman's collapse in the CDO markets is still not being acknowledged nor examined realistically. Bush promises MORE 'free trade' as he and other rulers push yet again for more of the Doha Round process to finish its job of killing the US industrial base. All the taps are wide open and all of this future wealth is vanishing today. Hedge funds are failing fast due to not being hedges at all but scams. The global trade collapse is confusing many mainstream commentators who would love to think that all is basically well, this is just some sort of odd glitch. It is not.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Last year exactly, the G7 nations were all fighting with the US to get the dollar stronger. This was their first reaction to the banking crisis that began on 7/17/7. Today, they are grimly settling in with a very fragile return to the status quo which was lost back then. So stocks go up, of course. AIG is now running in circles trying to avoid being arrested for fraud, grand larceny and treason. Send them to China to be punished! And dear readers, those of you who hate socialism, read today's posting very carefully. The Rich LOVE socialism for themselves and intend to make you all pay for all this AIG-style socialism while you get nothing in return except a lifetime of debt. This is called 'peonage' or 'serfdom', not freedom.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

As the US tumbles into a bad, bad recession, we are having an election. And there is virtually no discussion about what is really wrong. Indeed, the main focus in this election isn't war or our trade deficit or yawning budget deficit, it is nearly all about race. To the fury of many who want otherwise. But then, from day one in the US, it has been all about race and slavery which were embedded within our Constitution and excised very painfully and often, extremely violently. I will discuss this history later. First, the economic news. After central banks nationalized the G7 banking systems, they managed to sort of restart the old status quo. This is bad.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

We live on this little mountain in Upstate New York. New England has been famous for centuries for the spectacular fall foliage color display. Due to the mix of trees, we get a month-long series of colorful contrasts and changes. Coupled with changes in the weather, when the sun shines or the clouds move over this amazing landscape, everything changes radically. It is a never-ending wonder to watch each hour of each day go by, contemplating the contours of these mountains under constantly changing conditions.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Some readers have sent me a series of really nice poems so I hope everyone isn't too unhappy with comments or cartoons I publish here and instead, enjoy some sarcastic or lovely poems. I do hope everyone realizes that I enjoy debates here and welcome any and all comments. I don't get mad if people have other opinions, far from it! In diversity lies knowledge! The act of debating things leads to understanding. And the value of poetry is, it transcends all of this for it is a love of language and all debates are improved by using language playfully and spiritually as well as mockingly. I want to thank everyone for sending these poems!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Nothing New Under The Depression Sun

As the US falls into the same system that runs Japan, we have to recognize that the effects of the 0% system is not going to fix the US trade deficit. The Treasury is allowing all our dear, bankrupt banks to announce that they are going to the bankrupt Fed for funds. We also look at a series of old, old newspaper clippings that clearly show that today's mess is nearly totally identical to past messes. The IMF is going to allow many of the 'first world' nations to borrow immense sums. And not live under IMF cruel rules, either, I bet. And we revisit the business of the Plunge Protection Team. 

TO READ MORE CLICK HERE 

CLICK HERE FOR EZ LARGE PRINT EDITION

Yen Rose Last Night To 90 To The Dollar!

Happy Birthday to my loving husband day! It is colder outside, Libra is finished and now we enter Scorpio, the constellation of the Goddess of Death. The Derivatives Beast continues to munch away, unstoppable. AIG is demanding more loot because it is a bottomless pit. The übergnome of the planet, Greenspan, admits that he may have had a tiny flaw in his economics plans! HAHAHA. But the real heavy news of the hour is the amazing skyrocketing value of the YEN! It is shooting upwards at an astonishing rate. The Japanese are beyond hysterical about this. They see their doom for it is killing the export trade golden goose!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

The Yen Continues To Rise, The Carry Trade Is Dead

The yen continues to rise against both the dollar and the euro. The entire universe of the FX trade complex is in a roaring collapse as the old status quo of the Japanese carry trade violently unwinds. This is exposing all the hedge schemes and other monetary games to greatest destruction which is why world markets are reeling. The fundamental basis for all global lending has been the Japanese carry trade. 'Restarting liquidity' has required greatest efforts on the part of all central banks working with governments basically de-privatizing all banking systems WHILE STILL LEAVING ALL THE ORIGINAL GNOMES IN CHARGE OF EVERYTHING. This, of course, is dangerous and stupid.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

End The Fed Demonstrations November 22

The confiscations of systems and wealth generating locations is beginning. The US has opened yet another window into the awful nothingness of the Cave of Wealth and Death. The 'rescue' amounts are now well over $2 trillion and rising weekly. The 90% losses from Lehman's collapse in the CDO markets is still not being acknowledged nor examined realistically. Bush promises MORE 'free trade' as he and other rulers push yet again for more of the Doha Round process to finish its job of killing the US industrial base. All the taps are wide open and all of this future wealth is vanishing today. Hedge funds are failing fast due to not being hedges at all but scams. The global trade collapse is confusing many mainstream commentators who would love to think that all is basically well, this is just some sort of odd glitch. It is not.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Joe the Poor Plumber And The Bank Rescues That Kill Him

Last year exactly, the G7 nations were all fighting with the US to get the dollar stronger. This was their first reaction to the banking crisis that began on 7/17/7. Today, they are grimly settling in with a very fragile return to the status quo which was lost back then. So stocks go up, of course. AIG is now running in circles trying to avoid being arrested for fraud, grand larceny and treason. Send them to China to be punished! And dear readers, those of you who hate socialism, read today's posting very carefully. The Rich LOVE socialism for themselves and intend to make you all pay for all this AIG-style socialism while you get nothing in return except a lifetime of debt. This is called 'peonage' or 'serfdom', not freedom.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Socialism Is Good For Workers

As the US tumbles into a bad, bad recession, we are having an election. And there is virtually no discussion about what is really wrong. Indeed, the main focus in this election isn't war or our trade deficit or yawning budget deficit, it is nearly all about race. To the fury of many who want otherwise. But then, from day one in the US, it has been all about race and slavery which were embedded within our Constitution and excised very painfully and often, extremely violently. I will discuss this history later. First, the economic news. After central banks nationalized the G7 banking systems, they managed to sort of restart the old status quo. This is bad.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Beautiful Fall Foliage Photos From Our Mountain

We live on this little mountain in Upstate New York. New England has been famous for centuries for the spectacular fall foliage color display. Due to the mix of trees, we get a month-long series of colorful contrasts and changes. Coupled with changes in the weather, when the sun shines or the clouds move over this amazing landscape, everything changes radically. It is a never-ending wonder to watch each hour of each day go by, contemplating the contours of these mountains under constantly changing conditions.

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION

Some Fun Poems From Readers

Some readers have sent me a series of really nice poems so I hope everyone isn't too unhappy with comments or cartoons I publish here and instead, enjoy some sarcastic or lovely poems. I do hope everyone realizes that I enjoy debates here and welcome any and all comments. I don't get mad if people have other opinions, far from it! In diversity lies knowledge! The act of debating things leads to understanding. And the value of poetry is, it transcends all of this for it is a love of language and all debates are improved by using language playfully and spiritually as well as mockingly. I want to thank everyone for sending these poems!

TO READ MORE CLICK HERE

CLICK HERE FOR EZ LARGE PRINT EDITION