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	<title>Let Them Fail</title>
	<link>http://letthemfail.us</link>
	<description>Stop the Bailout Insanity - NO BANK IS TOO BIG TO FAIL</description>
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		<title>Naked Swaps Crackdown Rings Hollow?</title>
		<description><![CDATA[It only rings hollow on the extortion end if you&#8217;re the &#8220;winner&#8221; of a rigged bet and an entire continent on the losing end says &#8220;Fuck you!&#8221;
But what else would you expect the Madison Avenue inspired behaviorist camp to say? They are like James Earl Jones in the cult classic Conan the Barbarian, in effect saying:
I [...]]]></description>
		<link>http://letthemfail.us/archives/3831</link>
			</item>
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		<title>Minsky Moment MY ASS</title>
		<description><![CDATA[If you bothered to read both the links in the post below, you no doubt caught Geoffry Batt&#8217;s reference to the oncoming Minsky moment:
What we hope to show with this exercise is that no course of action, even the one currently employed by the Fed, can continue in perpetuity: you can&#8217;t have infinitely low housing [...]]]></description>
		<link>http://letthemfail.us/archives/3820</link>
			</item>
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		<title>When The Levee Breaks &#8230;.</title>
		<description><![CDATA[When the CDS end game plays out as an inverse return to the gold standard for the fraudulent paper pushers who claim to be the world&#8217;s &#8220;intellectual elite&#8221;:
U.S. credit default swaps currently trade in euros. After all, if the U.S. defaults, who will want payment in devalued U.S. dollars? The euro recently weakened relative to the dollar, and market [...]]]></description>
		<link>http://letthemfail.us/archives/3814</link>
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		<title>America, Land of Confusionism?</title>
		<description><![CDATA[Communism, Marxism, Progressivism, Fascism, Corporatism, Capitalism. These words get tossed around fairly carelessly by people who speak to very large audiences, and often, both the audience and the speaker sound like they could use a little clarification.
When the context of the dialogue enters into Socialism or Marxism, or even Progressivism, the picture often painted is [...]]]></description>
		<link>http://letthemfail.us/archives/3797</link>
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		<title>Banks to continue &#8220;Regulating Themselves&#8221; Pah ha ha haa&#8230;</title>
		<description><![CDATA[What a joke. And soooo unpredictable that DOW, bouncing on such news.
Consumer Agency Within Fed Seen as Victory for Banking Industry 
Let the games begin! Invest away gambling addicts, speculate away. Be the captain of your very own info-mercial. Get rich quick - no money down - there&#8217;s something for nothing at the end of every yellow brick road - it&#8217;s [...]]]></description>
		<link>http://letthemfail.us/archives/3782</link>
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		<title>Ellen Brown&#8217;s Latest Article</title>
		<description><![CDATA[It never ceases to amaze me how Ellen Brown manages to touch on so many recent posts over here, with every new post over there, especially this one.
In relative short order she covers IMF austerity, Fiscal Responsibility, the double edged sword of the Peterson-Pew Commission, and she goes where few other bloggers have gone before.
She certainly gets the [...]]]></description>
		<link>http://letthemfail.us/archives/3775</link>
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		<title>Royal &#8220;Subjects&#8221; Well Run Dry?</title>
		<description><![CDATA[Oddly, Coutts is in the news today, in this Bloomberg article. But there is nothing much to make of the article, other than a sanitized introductory piece on the history of Coutts, it&#8217;s relationship to RBS and the possible take-away that in a collapsing European economy there&#8217;s trouble at this venerable bank of &#8220;Royals&#8221;.
Let&#8217;s review what we&#8217;ve [...]]]></description>
		<link>http://letthemfail.us/archives/3765</link>
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		<title>No Crystal Ball Required &#8230;</title>
		<description><![CDATA[Back when all the attention was focused on Greece, we told of Spain&#8217;s imminent downfall, and we still predict that Assicurazioni Generali will emerge as the AIG of Europe when Banco Santander&#8217;s MBS derivatives and default swaps finally unravel.
Just as one needs no Svengali to divine the direction of rats fleeing a sinking ship, we easily predicted that [...]]]></description>
		<link>http://letthemfail.us/archives/3756</link>
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		<title>Friday&#8217;s 1-Point Post: JOBS</title>
		<description><![CDATA[If there is one focal issue which all people, parties and movements in America seem to agree on, it is the need for JOBS.
But what has escaped the Madison Avenue inspired White House spin doctors is the proper way to approach the issue. In a classic case of the Freudian slip, the Administration still insists (in typical narcissistic fashion) [...]]]></description>
		<link>http://letthemfail.us/archives/3731</link>
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		<title>Mirror, Mirror, On the Wall.</title>
		<description><![CDATA[Who&#8217;s the first to take the Fall?
Why Europe, of course, the decadent epi-center of the Anglo Dutch Financial Oligarchy. Though many will predict the end of the Euro for all sorts of complex reasons, there is really only one &#8220;economic indicator&#8221; which makes this a foregone conclusion&#8211;the banks have already bet against it, just like they bet [...]]]></description>
		<link>http://letthemfail.us/archives/3720</link>
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