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Thursday, March 1, 2012

Here is a VERY Cheap Way to wage WAR on the WEST..........SABOTAGE of the Oil Infrastructure on Gulf State Aliened with the West. And you better believe Iran has the Capacity to do just THAT..........The Arab Spring is going to be something to watch this year. Syria is going to be a huge humanitarian problem and the WEST is going to be blamed for not Aiding the Rebels like they did in Libya because Syria isn't a Exporter of "Crude Oil"!!!  

 

EUR Brent Takes Out All Time Highs

http://www.zerohedge.com/news/eur-brent-takes-out-all-time-highs 

 

Oil highest since 2008 on Saudi pipeline report

http://economictimes.indiatimes.com/markets/commodities/oil-highest-since-2008-on-saudi-pipeline-report/articleshow/12104933.cms 

 

Crude Tops $110 on Report of Saudi Pipeline Blast 

http://online.wsj.com/article/SB10001424052970203986604577255162876617488.html?mod=googlenews_wsj 

 

Oil tops $110 amid talk of Saudi pipeline fire

By Laura Mandaro 

http://www.marketwatch.com/story/oil-tops-110-amid-saudi-pipeline-talk-2012-03-01?dist=afterbell 

 

Iran Media Report of Saudi Pipeline Fire Drives Oil Surge 

Reuters 

http://www.foxbusiness.com/industries/2012/03/01/iran-media-report-saudi-pipeline-fire-drives-oil-surge/


Saudi Explosion Reports Put Late-Day Charge Into Oil

http://blogs.barrons.com/focusonfunds/2012/03/01/saudi-explosion-reports-put-late-day-charge-into-oil/?mod=google_news_blog 

 

Oil rockets on word of Saudi pipeline explosion

By Forexpros 
http://www.forexpros.com/news/commodities-news/oil-rockets-on-word-of-saudi-pipeline-explosion-230937

 

Stocks Cut Gains on Saudi Pipeline Explosion Report

By: JeeYeon Park

http://www.cnbc.com/id/46588173 

 

Saudi Arabia's Eastern Revolution hits the oil sector: pipeline under fire

http://www.thearabdigest.com/2012/03/saudi-arabias-eastern-revolution.html 

 

Saudi Oil Pipelines Destroyed In Explosion, Sends Crude Soaring

http://www.zerohedge.com/news/saudi-oil-pipelines-destroyed-explosion-sends-crude-soaring 

 

WTI Passes $110

http://www.zerohedge.com/news/wti-passes-110 

 

Photo Of Pipeline Fire And Map Of Awamiya Region

http://www.zerohedge.com/news/photo-pipeline-fire-and-map-awamiya-region 


More Evidence of a Global PONZI SCAM by the Central BANKSTERS!!!!!!!!!!


Israel to Begin Investing Reserves in U.S Equities Today




Next Leg Of The Ponzi Revealed - Foreign Central Banks To Begin Buying US Stocks Outright Starting Today

http://www.zerohedge.com/news/next-leg-ponzi-revealed-central-banks-begin-buying-us-stocks-outright-starting-today 

One way or another, this WILL Cause a Sea Change in Available Credit in Europe. 

 

The LTRO is nothing more than a Expensive PONZI SCAM that will salvage the EUROZONE Banks in 2012 because it covers the more than 500 Billion EUROs of Debt that has to ROLLED OVER this YEAR, but what about 2013?????????


The "2012 Recession" in Europe is going to CRUSH the Economies of Southern Europe and the PMI Reports today spells out what is happening NOW. There is NO Prospect for Growth this Year or NEXT if you have the Courage to Face the HELL that the "NEW Normal" is telling US. 

 

More Liquidity to BANKS WILL NOT solve the Solvency Crisis that is Structural in nearly EVERY EUROZONE Member.  

 

Disquiet within ECB laid bare after cash injection

By Eva Kuehnen

http://www.reuters.com/article/2012/03/01/us-ecb-weidmann-idUSTRE8201DH20120301 

 

Watch As Near Free Money To Banks Fails To Prevent Nuclear Winter For European CRE

http://boombustblog.com/blog/item/6019-watch-as-near-free-money-to-banks-fails-to-prevent-nuclear-winter-for-european-cre 

 

So, Can Europe Nationalize All Of Its Troubled Banks? Place Your Bets Here

http://boombustblog.com/blog/item/6018-so-can-europe-nationalize-all-of-its-troubled-banks?-place-your-bets-here 

 

Bill Gross: Greece 'Credit Event' Resolution Still Needed

PIMCO's Bill Gross comments on this morning's ruling by the International Swaps and Derivatives Association that Greece has not triggered a payout on credit default swaps by some of its recent moves preparing for a debt restructuring. "It's not over until it's over, there."

http://video.cnbc.com/gallery/?video=3000076248 


Cramer's Issues for the Street

http://video.cnbc.com/gallery/?video=3000076187


Rick Santelli Nails the "Q" on ISDA


Weekly Jobless Claims Down

http://video.cnbc.com/gallery/?video=3000076185


Greek CDS Not Triggered by Debt Swap Plan

http://video.cnbc.com/gallery/?video=3000076204

 

Hey CNBC, while you were doing the "Happy Dance" on this mornings Auto Sales Numbers, here is a part of the Story YOU Failed to Report!!!!!!!!! There's a Whole Lot of Inventory being Built UP at a Time of "RECORD" Gas Prices this early in the Calendar Year.........

 

GM Channel Stuffing Soars To All Time High

http://www.zerohedge.com/news/gm-channel-stuffing-soars-all-time-high 

Greek Economy Suffers Record Collapse In February

http://www.zerohedge.com/news/greek-economy-suffers-record-collapse-february 

 

Greece PMI..............."OH CRAP"!!!!!!!

Eurozone manufacturing contracts for seventh month

The eurozone's manufacturing sector contracted for the seventh straight month in February, with factories in the bloc's struggling indebted states facing some of the toughest conditions on record, a business survey showed on Thursday. 

http://www.therealnewsmatters.com/2012/03/greece-pmi.html

 

ISM Manufacturing Misses Expectations

By Eric Platt

http://www.businessinsider.com/ism-manufacturing-2012-3

 

ISM Manufacturing index indicates slower expansion in February

http://www.calculatedriskblog.com/2012/03/ism-manufacturing-index-indicates.html 

 

ISM Misses Big

http://www.zerohedge.com/news/ism-misses-big 

 

 

Personal Income increased 0.3% in January, Spending 0.2%

http://www.calculatedriskblog.com/2012/03/personal-income-increased-03-in-january.html 

 

January Construction Spending CONTRACTS By 0.1%

By Simone Foxman

http://www.businessinsider.com/get-ready-for-january-construction-spending-2012-3

 

 

 

Goldman Lowers Q1 GDP Forecast To 2.0% From 2.3% On Weaker Consumer Data

http://www.zerohedge.com/news/goldman-lowers-q1-gdp-forecast-20-23-weaker-consumer-data 

 

U.S. Consumer Spending, Incomes Rise




Personal Income, Spending Come In Weaker Ahead Of Gasoline Price Shock

http://www.zerohedge.com/news/personal-income-spending-come-weaker-ahead-gasoline-price-shock 

 

Folks EUROPE IS Heading for a "HARD Landing" and Greece is Totally SCREWED!!!!

 

Europe Factory Report Shows Region Trailing as Joblessness Rises: Economy



 

The ISDA Of March

By Stephen Pope

http://www.forbes.com/sites/stephenpope/2012/03/01/the-isda-of-march/

 

ISDA SAYS NO PAYOUT ON GREEK CDS (YET)

By Simone Foxman

http://www.businessinsider.com/isda-says-no-payout-on-greek-cds-2012-3 


Greek 1 Year Bond 80% Away From 1000%

http://www.zerohedge.com/news/greek-1-year-bond-80-away-1000 

 

Q&A: Greece's 'credit event' and ISDA

The International Swaps and Derivatives Association governs a market worth $700 trillion (£439tn), more than 10 times the size of the global economy – but why is it in the news?

 

Greece PMI..............."OH CRAP"!!!!!!!

Eurozone manufacturing contracts for seventh month

The eurozone's manufacturing sector contracted for the seventh straight month in February, with factories in the bloc's struggling indebted states facing some of the toughest conditions on record, a business survey showed on Thursday. 

http://www.telegraph.co.uk/finance/financialcrisis/9115206/Eurozone-manufacturing-contracts-for-seventh-month.html 

 

Greek manufacturing slump deepens

http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_01/03/2012_430560 

 

Greece Posts Brutally Low PMI Figure

http://247wallst.com/2012/03/01/greece-posts-brutally-low-pmi-figure/ 

 

Greek manufacturing slump deepens in Feb: PMI

http://www.ibtimes.com/articles/307253/20120301/greek-manufacturing-slump-deepens-in-feb-pmi.htm 

 

Euro Zone Factory Activity Falls; Periphery Pain Intense

 

German manufacturing sector growth slows in Feb: Purchasing Managers Index

http://economictimes.indiatimes.com/news/international-business/german-manufacturing-sector-growth-slows-in-feb-purchasing-managers-index/articleshow/12096290.cms 

 

Middle-Class Welfare State Is Invisible by Design: Ezra Klein






Euro zone puts Greece's efforts under microscope

By Luke Baker and Jan Strupczewski

http://www.reuters.com/article/2012/03/01/us-eurozone-greece-bailout-idUSTRE8200SE20120301 

 

You Folks in Greece are Totally SCREWED!!! IS the EURO Worth it?????????

GREECE BACKS NEW PENSION REFORMS 

http://www.therealnewsmatters.com/2012/03/you-folks-in-greece-are-totally-screwed.html

 

What a "SCREW JOB" by ISDA!!!!!!!!! 

 

Greece Default SWAPS Don’t Have to Pay: ISDA

http://www.bloomberg.com/news/2012-03-01/greek-default-insurance-doesn-t-need-to-pay-out-after-bailout-isda-says.html 

 

Greece Default SWAPS Don’t Have to Pay:ISDA

By Abigail Moses
http://www.businessweek.com/news/2012-03-01/greece-debt-insurance-doesn-t-have-to-pay-out-isda-says 


No Greek CDS payout on swap, panel says

Investors will have more opportunities to argue ‘credit event’ occurred

By William L. Watts 

http://www.marketwatch.com/story/no-greek-cds-payout-on-swap-panel-says-2012-03-01 

Morning papers: Bundesbank at odds with ECB over loans

The morning headlines brought to you by Investment Adviser: Thursday, March 1 2012.

By Bradley Gerrard 

http://www.ftadviser.com/2012/03/01/investments/economic-indicators/morning-papers-bundesbank-at-odds-with-ecb-over-loans-Of88So4WyZuxAfDiaSnzrN/article.html 



Goldman Backpedals On Housing Recovery, Delays "Housing Bottom" Forecast To Mid-2013

http://www.zerohedge.com/news/goldman-backpedals-housing-recovery-delays-housing-bottom-forecast-mid-2013 

 

Foreclosure Homes Hit 24% of U.S. Purchases

http://www.bloomberg.com/news/2012-03-01/foreclosures-rise-to-24-of-u-s-home-purchases-as-short-sales-increase.html 

 

U.S. Housing IS still SCREWED and America's BIGGEST BLACKHOLES, "Fannie and Freddie" are still BLEEDING $$$BILLIONS!!!!!!!!

http://www.therealnewsmatters.com/2012/02/u_29.html 

HOLY CRAP!!!!!!!!!!!!!!


As ISDA Sits To "Find" If Greek CDS Triggered, It Gets Second Greek Default Determination Request

http://www.zerohedge.com/news/isda-sits-find-if-greek-cds-triggered-it-gets-second-greek-default-determination-request 

 

ISDA Determinations Committees (effective 30 November 2011)

http://www.isda.org/dc/committees.html#EMEA 

 

This is somewhat different query from the one currently being discussed, although both fundamentally address Section 4.7:

http://www.isda.org/uploadfiles/_docs/PAI_for_Issue_No_2012022401.pdf 

 

MARCH Could be FILLED with a "WHOLE Lot of FAT FINGERS"!!!!!!!!!!!!!! 

Banks tally up Greek debt insurance payouts

How Greece’s default could kill the sovereign CDS market

ISDA will evaluate potential credit event on March 1 

http://www.therealnewsmatters.com/2012/02/march-could-be-filled-with-whole-lot-of.html

 

Goldman, JPMorgan Post Identical Swap Exposure to Europe Nations

Five major US banks control 97% of the $200 TRILLION Dollar Derivatives Market 

http://www.therealnewsmatters.com/2012/02/goldman-jpmorgan-post-identical-swap.html


ISDA Determinations Committee Accepts Question Related to a Potential Hellenic Republic Credit Event 


LONDON, February 28, 2012 – The International Swaps and Derivatives Association, Inc. (ISDA), as secretary to the Determinations Committees (the DCs), today announced that a question relating to a potential credit event with respect to the Hellenic Republic has been submitted to, and subsequently accepted for consideration by, the EMEA Determinations Committee. 

http://www.therealnewsmatters.com/2012/02/isda-determinations-committee-accepts.html

 

Tensions Raise Specter of Gas at $5 a Gallon

By  

http://www.nytimes.com/2012/03/01/business/energy-environment/tensions-raise-specter-of-gas-at-5-a-gallon.html 

 

No Easy Fix for Gas Prices 

By: Peter_Schiff 

http://www.marketoracle.co.uk/Article33363.html 

 

"HISTORY Repeats"

Protect your investments from oil shocks

By John Wasik
http://www.reuters.com/article/2012/02/27/column-wasik-idUSL2E8DNEEH20120227 

 

Obama's Gas Line

By
http://spectator.org/archives/2012/03/01/obamas-gas-line 




The Costs of Refined Products from Crude Oil is about to get even more Expensive IF the LIBERALS in Washington MAKE this Happen...........


Amid rising gas prices, Obama to call for vote on killing oil tax breaks

By Ben Geman  
http://thehill.com/blogs/e2-wire/e2-wire/213527-obama-to-demand-capitol-hill-vote-on-killing-oil-tax-breaks 


And you Folks in the UK, You have MORE PAIN coming your way TOO!!!!!!!

AS You can SEE, "BIG Government"Ain't Your Friend!!!!!!!! 


BOE’s Miles Says Inflation Will Slow on Job Cuts, Spare Capacity


You Folks in Greece are Totally SCREWED!!! IS the EURO Worth it?????????

GREECE BACKS NEW PENSION REFORMS 

http://www.express.co.uk/posts/view/305370/Greece-backs-new-pension-reforms 

 

EU summit: Greek parliament backs bailout cuts

Greek MPs have backed the last major package of reforms promised in return for a second EU/IMF bailout, hours before EU leaders meet in Brussels.

http://www.bbc.co.uk/news/world-europe-17219379 

 

Greece Approves Cuts in Pensions and Health Care

By Bhaskar Prasad:  

http://www.ibtimes.com/articles/307248/20120301/greece-approves-cuts-pensions-health-care.htm


Socialism without Guns

By Larrey Anderson 
http://www.americanthinker.com/2012/03/socialism_without_guns.html

"As their economic orgy fades to its inevitable end, the people of Greece find themselves in a country that resembles more of a debtor's prison than a representative democracy. The Greeks have sold their freedom for a mess of pottage. If the United States is not careful, we could soon find ourselves in a very similar situation."



Cuts drive Greek unemployment to record high

(Reuters) - Greece's jobless rate rose to a fresh record of 20.9 percent in November, highlighting the pain imposed by austerity on ordinary Greeks as the country negotiates a new pain-for-gain package with its EU and IMF lenders.

http://www.reuters.com/article/2012/02/09/us-greece-unemployment-idUSTRE8180PI20120209 


Greek unions hit back at wage cuts

http://www.skynews.com.au/topstories/article.aspx?id=724136&vId= 

 

Greek parliament approves health cuts

Lefteris Papadimas, 
https://news.google.com/news/story?pz=1&cf=all&ned=us&hl=en&q=Unemployment+Europe&ncl=dz5Pq_yTDrIKtLMmqEDn37Rn7p4VM&cf=all&scoring=n&start=30 

 

Euro-Area Inflation Accelerates on Energy Cost




German Inflation Unexpectedly Accelerated in February




Crude Oil And Inflation Economic Crisis 

By: Andrew_McKillop 

http://www.marketoracle.co.uk/Article33376.html 

 

Oil Surge to Record Endangers Europe’s Growth Dash: Euro Credit



 

Unemployment is going to make Austerity a Very Bitter Pill to Swallow!!!!!!!!!!

 

Only 54% Of Young Adults In America Have A Job

http://www.zerohedge.com/news/only-54-young-adults-america-have-job 

 

Euro unemployment hits new high in January
By PAN PYLAS, Associated Press – 22 minutes ago
http://www.google.com/hostednews/ap/article/ALeqM5hAXMggXvSm-r4MXvRtRlX-03pjNQ?docId=3d6d8a542727449388015f6d6e4ff53d 

 

Eurozone unemployment hits new peak

http://www.belfasttelegraph.co.uk/news/world-news/eurozone-unemployment-hits-new-peak-16124732.html 

 

Eurozone unemployment rate hits record 10.7% in January

http://economictimes.indiatimes.com/news/international-business/eurozone-unemployment-rate-hits-record-10-7-in-january/articleshow/12097148.cms 

 

Eurozone unemployment hits 10.7 percent in January, highest since euro established in 1999

http://www.washingtonpost.com/world/eurozone-unemployment-hits-107-percent-in-january-highest-since-euro-established-in-1999/2012/03/01/gIQAn270jR_story.html 

 

Wednesday, February 29, 2012

MARCH Could be FILLED with a "WHOLE Lot of FAT FINGERS"!!!!!!!!!!!!!!

 

For Greece, a critical conference call between London and New York

By

http://www.washingtonpost.com/business/economy/for-greece-a-critical-conference-call-between-london-and-new-york/2012/02/29/gIQAKqhDjR_story.html 

 

Banks tally up Greek debt insurance payouts

By Douwe Miedema and William James

http://www.reuters.com/article/2012/02/29/us-greece-default-cds-idUSTRE81S1UJ20120229 

 

ISDA will evaluate potential credit event on March 1 

http://derivative-news.fincad.com/derivatives-news/isda-will-evaluate-potential-credit-event-on-march-1-2151/ 

 

How Greece’s default could kill the sovereign CDS market

By Felix Salmon

http://blogs.reuters.com/felix-salmon/2012/02/29/how-greeces-default-could-kill-the-sovereign-cds-market/ 

 

Hushed Up: Secret Panel Holds Fate of Greek CDS 

 

  Holy CRAP!!!!!!!!

https://news.google.com/news/story?pz=1&cf=all&ned=us&hl=en&q=Greek+Default+Payouts+May+Bring+Some+Costly+Surprises&ncl=dRod-jMcOwQo-DMdF9f8UewWng2ZM&scoring=n 

I found allot of this Interview worth the time to listen to.............


Fmr. Fed Gov. Kevin Warsh & the US Economy
http://video.cnbc.com/gallery/?video=3000076095
Fannie Mae Serious Delinquency rate declines, Freddie Mac rate increases
http://www.calculatedriskblog.com/2012/02/fannie-mae-serious-delinquency-rate.html

Monthly Volume Summaries 

http://www.freddiemac.com/investors/volsum/ 

 

U.S. Housing IS still SCREWED and America's BIGGEST BLACKHOLES, "Fannie and Freddie" are still BLEEDING $$$BILLIONS!!!!!!!!

http://www.therealnewsmatters.com/2012/02/u_29.html 

China Dumps $100+ Billion In USTs In December Per Revised TIC Data; UK Is Now Russia's Shadow Buyer

http://www.zerohedge.com/news/china-dumps-100-billion-usts-december-revised-tic-data-uk-now-russias-shadow-buyer 

 

China’s Holdings of Treasuries Dropped in ’11



 

MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES
http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt 
America's Debt using $100 Bills to explain just how BIG "$15 TRILLION Dollars" IS. We have less than 3 YEARS to Solve Our Debt HELL or America WILL Be the NEXT Greece................

US Debt Stacked in $100 bills
http://demonocracy.info/infographics/usa/us_debt/us_debt.html 


Gross Debt to GDP nearing 102.5%
http://www.usdebtclock.org/ 

Goldman, JPMorgan Post Identical Swap Exposure to Europe Nations




And Folks, BofA through Merrill Lynch Also has a Huge Expose along with Morgan Stanley!!!!! 

http://www.therealnewsmatters.com/2012/02/and-folks-bofa-through-merrill-lynch.html 

 

Fed's Fisher: US Has Structural Problem In Banking System 

Fed's Fisher: Top 5 U.S. banks should be broken up

http://www.therealnewsmatters.com/2012/02/feds-fisher-us-has-structural-problem.html 

 

Five major US banks control 97% of the $200 TRILLION Dollar Derivatives Market 

http://www.youtube.com/watch?v=2N-8QPzRZCs 

 

Your going to Love Pages 12,13,14, and 16 


OCC’s Quarterly Report on Bank Trading and Derivatives Activities
Third Quarter 2011

http://www.occ.gov/topics/capital-markets/financial-markets/trading/derivatives/dq311.pdf

The OCC’s quarterly report on trading revenues and bank derivatives activities is based on Call Report information provided by all insured U.S. commercial banks and trust companies, reports filed by U.S. financial holding companies, and other published data. The notional amount of derivatives held by insured U.S. commercial banks decreased $1.4 trillion, or 0.6%, from the second quarter of 2011 to $248 trillion. Notional derivatives are 5.7% higher than at the same time last year. Derivatives activity in the U.S. banking system continues to be dominated by a small group of large financial institutions. Five large commercial banks represent 96% of the total banking industry notional amounts. Insured commercial banks have more limited legal authorities than do their holding companies.

Note: Graphs in this report show that the holding companies for the top five banks also control massive amounts of derivatives totaling $326 trillion! The holding companies JPMorgan Chase, BofA, Morgan Stanley, Citigroup, and Goldman Sachs have over $311 trillion in derivates, 95% of the total U.S. market. So these banks and their holding companies combined own $532 trillion in derivates, equivalent to roughly $75,000 for every person on the planet. What are the bankers doing? 

 

***ISDA Determinations Committee Accepts Question Related to a Potential Hellenic Republic Credit Event***

http://www.therealnewsmatters.com/2012/02/isda-determinations-committee-accepts.html





 

Target...........Bank of America

 

MATT TAIBBI: The Mortgage Crisis Was Like Banks Selling Oregano And Calling It High Grade Weed

By Linette Lopez and Robert Johnson

http://www.businessinsider.com/matt-taibbi-the-mortgage-crisis-was-like-banks-selling-oregano-and-calling-it-high-grade-weed-2012-2

 

Fed's Fisher: US Has Structural Problem In Banking System 

 

MEXICO CITY (Dow Jones)--Federal Reserve Bank of Dallas President Richard Fisher said Wednesday that the U.S. has a structural problem in its banking system, with a handful of big banks controlling much of the industry.  

http://online.wsj.com/article/BT-CO-20120229-712197.html

 

Fed's Fisher: Top 5 U.S. banks should be broken up

* Fisher: Top banks now more powerful than before crisis
* Concerned by concentration of deposits
http://www.reuters.com/article/2012/02/29/us-banks-fisher-idUSL2E8DT7AP20120229 

 

Fed's Fisher Slams Inaction By US Policymakers On Fisc Reform

https://mninews.deutsche-boerse.com/index.php/feds-fisher-slams-inaction-us-policymakers-fisc-reform?q=content/feds-fisher-slams-inaction-us-policymakers-fisc-reform 


Fisher Says Fed Won’t Allow Inflation in Place of Sound U.S. Fiscal Policy



 

 

S&P:"Credit Event has Happened" 

Now what to do with ALL those "Credit Default Swaps"??????????

S&P Says Greece Could Shake Default in March 

Feb. 28 (Bloomberg) -- Moritz Kraemer, head of sovereign ratings at Standard & Poor’s, discusses Greece's "Selective Default" status and the risk of a debt restructure in Portugal. He talks with Bloomberg Television's Linda Yueh.

http://www.bloomberg.com/video/87283730/ 


ECB’s Special Greek Lender Status Risks Investor Retaliation: Euro Credit




The Great "Credit Freeze of 2012" in Europe IS Coming!!!!!!!!! 

http://www.therealnewsmatters.com/2012/02/great-credit-freeze-of-2012-in-europe.html 

Today's Video Interview with Jane Foley and it to is a Must WATCH..............She gets it!!!


Rabobank's Foley on Portugal Bonds, Europe Crisis 

Feb. 29 (Bloomberg) -- Jane Foley, a senior currency strategist at Rabobank International, talks about Portuguese bonds and Europe's sovereign-debt crisis. The European Central Bank was said to purchase government bonds for the first time in two weeks, buying short-dated Portuguese securities after they underperformed euro-area peers. Foley speaks with Tom Keene on Bloomberg Television's "Surveillance Midday."

http://www.bloomberg.com/video/87404546/ 

 

Listen to this Lady...........She Gets it!!!!!!

Radio Interview with Jane Foley

http://www.therealnewsmatters.com/2012/02/listen-to-this-lady.html 

More Liquidity Extraction: Fed Resumes Reverse Repos

http://www.zerohedge.com/news/more-liquidity-extraction-fed-resumes-reverse-repos 

 

Ben Pulls The Punch Bowl - Market Unhappy

http://www.therealnewsmatters.com/2012/02/ben-pulls-punch-bowl-market-unhappy.html 

 

Ben Bernanke plays down QE3 hopes

US investors had been hoping for a clear signal from Bernanke that QE3 - a third dose of quantitative easing - was on the way

Bernanke Comments Hurt Stocks, Treasurys; But Dollar Gains 

NEW YORK -(Dow Jones)- The sense that they'd lost the "Bernanke put" sent financial markets into a spin Wednesday.  

http://online.wsj.com/article/BT-CO-20120229-713984.html


The ECB beats Uncle Ben to the $3 TRILLION Dollar Mountain TOP..............

Ben Bernanke: "The ECB Is Well Capitalized"

http://www.zerohedge.com/news/ben-bernanke-ecb-well-capitalized 

GREECE WILL Fail and BURN the Fools who thought they could Save a State that is Totally BROKE!!!!!!!!!

 

The Six Mistakes of Germany’s Finance Minister: Charles Wyplosz





You Folks from Germany BETTER Read this!!!!!!!!!!! Merkel has SCREWED YOU with her desire to Salvage Greece and keep the EUROZONE together to maintain Germany's Competitive Advantage.

Goldman: Germany Is Now On The Hook By €1 Trillion (Or 40% Of GDP)

http://www.therealnewsmatters.com/2012/02/you-folks-from-germany-better-read-this.html 

New Bailout Is a Reprieve for Greece, but Doubts Persist

By  

http://www.nytimes.com/2012/02/22/business/global/greece-dodges-bullet-with-new-bailout-but-doubts-remain.html 

 

New Bailout Is a Reprieve for Greece, but Doubts Persist...............

"But analysts point out that the very practice of trying to analyze what a country’s debt will be eight years on is in itself flawed — as the I.M.F. has accepted in a recent report that explained how it missed debt explosions in Greece, Ireland and Iceland."

Modernizing the Framework for Fiscal Policy and Public Debt Sustainability Analysis

http://www.imf.org/external/np/pp/eng/2011/080511.pdf 


"“This whole debt sustainability analysis is a joke,” said Charles Wyplosz, an international economist and critic of the I.M.F.’s ability to properly assess the long-term debt prospects of countries it lends to."

Debt Sustainability Assessment: The IMF
Approach and Alternatives

http://www.graduateinstitute.ch/webdav/site/international_economics/shared/international_economics/publications/working%20papers/2007/HEIWP03-2007.pdf 

The Great "Credit Freeze of 2012" in Europe IS Coming!!!!!!!!!

 

Austrian Lending, Greek Debt Swap, Threadneedle: Compliance




Clem Chambers- Resetting the debt mountain

By Clem Chambers, CEO of leading stocks and shares site ADVFN.com and author of "101 Ways to Pick Stock Market Winners"
http://austriantimes.at/news/Blog/2012-02-22/39700/Clem_Chambers-_Resetting_the_debt_mountain 

Hamish McRae: How the ECB's big bazooka saved the eurozone's banks – and may again

http://www.independent.ie/opinion/comment/hamish-mcrae-how-the-ecbs-big-bazooka-saved-the-eurozones-banks-and-may-again-3036256.html 


I Love the way this GUY, Ambrose Pritchard WRITES!!!!!!

 

Draghi Bazooka has not yet stopped Club Med money collapse 

By Ambrose Evans-Pritchard

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100015335/draghi-bazooka-has-not-yet-stopped-club-med-money-collapse/ 

 

Greek Bank Deposits Drop Further 3% in January 

ATHENS (Dow Jones)--Greek bank deposits fell 3% in January, as uncertainty escalated over whether Greece will get vital bailout deal to avoid defaulting.  

http://online.wsj.com/article/BT-CO-20120229-712222.html

 

Greek January Bank Deposits Fall Amid Bailout Brinkmanship

http://www.bloomberg.com/news/2012-02-29/greek-bank-deposits-in-january-decline-to-169-billion-euros.html 

 

Greek banks continue to hemorrhage deposits: ECB data

(Reuters) - Firms and consumers continued to pull their money out of Greek banks at a rapid rate in January, European Central Bank data showed on Monday, underscoring the ongoing lack of trust the country's banking system faces.

http://www.reuters.com/article/2012/02/27/us-ecb-banks-deposits-idUSTRE81Q0W920120227 

 

Greek Bank Deposit Outflows Soar In January, Third Largest Ever

http://www.zerohedge.com/news/greek-bank-deposit-outflows-soar-january-third-largest-ever 

 

 

Listen to this Lady...........She Gets it!!!!!!

Radio Interview with Jane Foley

Jane Foley, a senior currency strategist at Rabobank International in London, sees a'' muddling through scenario'' for the European debt crisis. Foley talks with Bloomberg's...

http://media.bloomberg.com/bb/avfile/News/First_Word/vNz.OaANXWwA.mp3 

GREEK GDP "IS" So SCREWED for 2012. Unemployment WILL Overtake Spain as being Europe's Worse Labor Market......... 

http://www.therealnewsmatters.com/2012/02/greek-gdp-is-so-screwed-for-2012.html 

 

 

Ben Pulls The Punch Bowl - Market Unhappy

http://www.zerohedge.com/news/ben-pulls-punch-bowl-market-unhappy 

 

Goldman's Take On Bernanke: "No Clear Easing Signal"

Fed’s Bernanke Prepared Remarks: No Clear Easing Signal

BOTTOM LINE: Chairman Bernanke cautious on economy in prepared remarks but notes better signs lately in labor markets. Prepared statement offered no clear signal about further easing.

http://www.zerohedge.com/news/goldmans-take-bernanke-no-clear-easing-signal 

 

Gold, Silver Plunge As Fears Monetary Punchbowl Is Taken Away Spread

http://www.zerohedge.com/news/gold-silver-plunge-fears-monetary-punchbowl-taken-away-spread 

 

THE MARKET HAS ONLY BEEN RALLYING BECAUSE OF THE FED PUMPING LIQUIDITY...

http://www.therealnewsmatters.com/2012/02/now-this-really-needed-to-be-said.html 

 

U.S. Housing IS still SCREWED and America's BIGGEST BLACKHOLES, "Fannie and Freddie" are still BLEEDING $$$BILLIONS!!!!!!!!


Fannie asks gov't for almost $4.6B after 4Q loss

By DEREK KRAVITZ

Fannie Mae reports fourth-quarter loss

By Andrew R. Johnson 
http://www.marketwatch.com/story/fannie-mae-reports-fourth-quarter-loss-2012-02-29 

The Bank Bailout's Ugly Stepsister: Fannie Mae Still Losing Billions

 By Steve Schaefer
http://www.forbes.com/sites/steveschaefer/2012/02/29/the-bank-bailouts-ugly-stepsister-fannie-mae-still-losing-billions/ 

Fannie Mae Swings To 4Q Loss On Jump In Credit-Related Expenses

http://www.foxbusiness.com/news/2012/02/29/fannie-mae-swings-to-4q-loss-on-jump-in-credit-related-expenses/ 

 

Fannie: We Cut Off Bank of America

http://www.americanbanker.com/issues/177_41/fannie-mae-bank-of-america-1047056-1.html 



House Price Graphs
http://www.crgraphs.com/2011/10/house-price-graphs.html 
Not a Very Good Start for 2012 and Diesel Prices ain't Helping EITHER!!!!!!!!!


ATA Truck Tonnage Retreated 4% in January
http://www.truckline.com/pages/article.aspx?id=982%2F8e1c7279-ed27-4c03-b189-ceeee26bbb12 

ATA Trucking index declined in January
http://www.calculatedriskblog.com/2012/02/ata-trucking-index-declined-in-january.html

Transportation Graphs
http://www.crgraphs.com/2011/09/transportation-graphs.html 


Now this Really needed to be SAID!!!!!!!!

THE MARKET HAS ONLY BEEN RALLYING BECAUSE OF THE FED PUMPING LIQUIDITY...

By Joe Weisenthal

http://www.businessinsider.com/the-market-has-only-been-rallying-because-of-fed-pumping-liquidity-2012-2


Jim Rogers: I Don't Own Any U.S. Equities

http://video.cnbc.com/gallery/?video=3000075851 


JIM ROGERS: Worry About 2013, Panic About 2014

By Mamta Badkar

http://www.businessinsider.com/jim-rogers-us-economy-obama-2012-2