In the Hotseat

Aya's picture

I wonder if he will crack and start to shift the blame onto some of his accomplices. He's certainly squiring a lot in his seat.

cougarbreath's picture

In Search of

a scapegoat. I wonder who they'll pick?

-

LIVE and let live.

Khomar's picture

Twenty-four Trillion Dollars?!

Things are certainly looking dire. When will the indictments begin?

Twenty-four Trillion Dollars?!

This is outrageous and threatens the very stability of our nation. How anyone can believe our banking system or indeed our nation's Treasury can survive the exposure of $24 trillion dollars, twice our GDP, is beyond me.

We most certainly cannot, and when (not if) our creditors and lenders, including China and Japan, wise up to what's going on here the game will quite literally be over, perhaps as soon as "right now."

A couple of market technicians have noted certain "patterns" in the market that have potential downside targets of zero. That sort of thing normally results in a loud guffaw from me - even though I'm bearish I'm not that bearish - I couldn't imagine anything short of global thermonuclear war, ala "Joshua", that could lead to such an outcome.

Well I think I just found something purely economic that could lead to that outcome, and its right here.

stick's picture

don't worry it's not like it comes to more money than is in circulation or anythi...

...oh wait...

is the TV still saying that it is only $700 billion, or have they woken up and realized that it was a $700B slush fund that can be used ad infinitum?

If anyone wonders if they are trying to force the bankruptcy of the U.S. and the collapse of our currency, these numbers should clear that up real fast.

Thomas's picture

Khomar that Paulson Video Is Just Priceless

Could Paulson stutter anymore in his guilt? He looks like he's 5 and got caught stealing cookies. I really think that these vultures at the top are totally losing their composure and we may see some justice yet. Haven't seen the Kaptur one yet but I can imagine... good video post!!!

Khomar's picture

The pressure is definitely starting to rise, and people are really starting to take notice of it. I am just waiting for the other shoe to drop; they are not going to go down quietly.

All we can do is keep up the pressure and hope that they will crack and fall.

Thomas's picture

What Do You Think The Other Shoe Will Be?

any ideas in mind? (you see the front right panel on DP??? It seems crazy things going on everywhere.)

Khomar's picture

Well, I think we have already seen some of them -- for example Mark Sanford. My guess will be that we will start seeing attacks on the congressmen who are opposing the Fed right now -- political attacks, press leaks, maybe even threats and phone calls. Unless, of course, they are able to simply sweep this under the rug by ignoring it or putting forth their own watered down version (which I think is the current plan). I don't think that is going to work though because people are on to them. If they hear Ron Paul say that their "audit" of the Fed isn't good enough, I think most people will be believe him on this point. As much as they don't want to admit it, the American people have started to look to Ron Paul for guidance in this economic mess.

SCButterfly's picture

Off topic but you brought up Sanford...

...I'm wondering....his fellow South Carolinians whom he may have had e-mail contact with, don't they have a right to privacy? I forget how many alphabet groups are digging through his e-mails...what about the innocent folk who e-mailed him. I wonder if they're being profiled and "listed"?? What do y'all think?

My husband says e-mails are not protected by privacy. However if you are conversing with your Governor, should that not be considered some sort of political privateness?

Just wondering :|

Khomar's picture

That is an interesting question and a disturbing thought. With Sanford being one of the more prominent libertarian-leaning Republicans in the nation, they could use his contacts to infiltrate and attack his associates.

Do not cease from praying. The battle is just starting to warm up.

Thomas's picture

Yes The Sure Have Started Looking To Ron...

check this out although I don't think you missed it I'll put it here for everyone to see anyway...

Ron Setting them straight again: http://www.dailypaul.com/node/99956

Got to go, have a wonderful day.....

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