The prospect of hyperinflation is not some future possibility to debate. Rather, it is well underway, as clearly seen in the chart below: I’m not exactly trying to be facetious here. The hyperinflation everyone is arguing about has been ongoing for several years now. It is a global reserve currency hyperinflation IN RESPONSE TO decades of expanding fraudulent [...]

I watched some of yesterdays live White House stream on Facebook, amidst the flurry of chat remarks from people all over the world, both praising and condemning Obama (Mark Zuckerberg will be forwarding the chat logs to Leon Panetta today). And I watched in dismay as Barama pontificated eloquently about how America the Great will now go [...]

Just comes to ya. This stuff just flies through the air. They send this information out, I mean it’s just beamed out all over the fuckin’ place. You gotta just know how to grab it. See, I know how to grab it.  –  Kelso, databank hacker in the movie HEAT The information is truly out [...]

Following up from yesterday’s post comes the big surprise from Bloomberg as to who, how and why Treasury is asking regulators to exempt FX derivatives from regulatory oversight: A coalition of 20 firms, including Deutsche Bank AG, Bank of New York Mellon Corp. and UBS AG, asked Treasury Secretary Timothy F. Geithner to grant an exemption [...]

And that is why the Dodd Frank DUD is already being back-doored by Slick Timmy and the Obamacrats: Being able to access Federal Reserve funding will allow swap dealers, such as the biggest banks with the most systemic risk, to engage in high leverage derivative writing. When backstopped by the Federal Reserve, such derivatives allow sophisticated [...]

We should thank the Navy Seal who allegedly shot USAma Bin Laden for several things: 1) taking out “U”sama or “O”sama before his name is changed to begin with yet another vowel like “Asama” or “Esama”. Likewise, we should put this man on the case for Qaddafi or Gadaffi or whatever the Hell the guy [...]