Fed at Fault: What Goes Up Must Come Down

 

The Market tanked last week. This especially significant because it was the first week of the new year. Is this event rooted in the dark days of the past. Experts believe it is.

While we were sleeping.  In 2009, you and I were having a nightmare.    We were pretty busy dealing with lost jobs and trashed 401K accounts at that time.    In fact, nothing has been quite the same since.

 

According to Richard Fisher, recently retired CEO and President of the Federal Reserve Bank in Dallas:

“What the fed did, and I was a part of that group, what we did was, we front loaded a tremendous market rally staring in 2009, in March of 2009.”

 

The banks were bailed out, the Fed dropped lending rates to zero and started printing money, and the market roared back to life.   The rest of us lost our jobs and our savings and were reduced to debt peonage with our short term zero percent credit cards that will turn into pumpkins this year when the Fed starts raising the rates for the banks.

According to Fisher,  the Piper has now come for his payment.    It isn’t a big deal.

“We had a tremendous rally and I think there’s a great digestive period that is going to take place now.  And it may continue.”

Is he sorry for what they did?

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There Will Be No Saudi Inspection Of This Ship!

From Caleb:

There is talk about a Saudi inspection of the Iranian ship, “Iranian Shahed.”

Regardless of any different viewpoint in western or other media, one fact should be well observed: Iran’s government and Red Crescent Society state correctly, that the Saudis have no right whatsoever to inspect this ship and – in addition to that – consider Saudi Arabia unfit for any inspection of this humanitarian mission due to its leading role in the war against Yemen, same as the US.

UN, ICRC or other countries appointed by concerned institutions and not involved in the war against Yemen are naturally welcome on board of “Iran Shahed” for inspection.


There Will Be No Saudi Inspection Of This Ship!

A Message from Caleb Maupin onboard the “Iran Shahed” in the Gulf of Aden

The Kingdom of Saudi Arabia, which is mercilessly slaughtering people in Yemen, has absolutely no right to inspect this vessel. Neither does the United States of America or Israel. The Iranian government has
made that absolutely clear, and all of us in the delegation of peace activists from Germany, France, and the United States absolutely agree with this decision.

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Serena Shim on Turkey

Serena Shim, a Lebanese American, reported for Press TV on the Syrian militants in Turkey.  . Her death, last week in a car crash in Turkey.  raised some serious questions.    Because Turkish Intelligence recently threatened to put her in prison, some believe that she was murdered, either by Turkish Intelligence or the CIA which is operating out of Incirlik […]

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Aafia Siddiqui Case Closed; Pending Appeal Dismissed

Last week Aafia Siddiqui’s lawyers were informed that Judge Berman of the Manhattan South District was closing her case and dismissing her appeal at her request.   Siddiqui, who received an 86 year sentence after being convicted in a trial based on conflicted testimony, innuendo and secret evidence, has been in solitary confinement in Carswell Medical Center since 2008,   The jury […]

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