Down another 400, thanks Tea Party!

What color is the sky where you live?

 

I don't know what they based their decision on, and don't much care about their opinion. These were the same incompetent ratings agencies that rated toxic mortgage-related securities as triple AAA. Unlike these retarded ratings agencies, I've been attacking the creditworthiness of the US government for years. My position is and always has been that the US government's creditworthiness is only predicated upon the violent and unconstitutional imposition of debt instruments (Federal Reserve Notes) on the ignorant masses, which is a fundamentally unsound and unsustainable monetary system.

The central banking system is a fetid pit of corruption and greed. Only the willfully ignorant and dishonest think otherwise.

 

Not any different. Did I say T-bills should be going down? It's a reasonable trade until after Europe blows up. Once the ECB fails in bailing out Europe, Bernanke will openly step in. Then Treasuries will be in trouble. Until then, they satisfy demand for liquidity during a panic before the sovereign debt bubble pops. I'm not touching them because it's like catching a falling knife, but there is a reasonable short term argument to be made while Europe burns.

Long term... haha

 

Do tell

Where? I'd like to see.

 

They are more worried about America and their own economy than Europe.

 

Of course it wouldn't be the reckless never ending spending of our government for the past 40 years? nawwwww. It's Bush's fault. It's the Tea Party's fault. Not Obama, not Clinton, not the Democratic Senate of Congress. Nawwww.

Do a little research, the Tea Party got nothing they wanted. Nothing.

 

Didn't expect anything more.

 

Futures are getting clobbered. Bernanke? Have you pressed Ctrl P yet?

 

Use your computer and your brain. US Treasury auction data is a matter of public record. How is it that you've been on here arguing about US fiscal policy and you have no idea where any of this data come from? Here's a hint...

http://www.treasury.gov

 

I am not backing you up in anyway. The US government's creditworthiness is predicated upon a wholly immoral, wholly unsustainable con-game that is destined to implode on itself when the currency inevitably fails. There's a reason why our own government is the largest holder of its own debt. That's called "Robbing Peter to pay Paul".

You're bending over backwards to pat yourself on the back. Please don't hurt yourself.

 

Oh this silly meme. So market has been deceived and doesn't work, and those cunning Feds tricked China, Japan, Britain and millions of private investors (including probably your pension plan manager), to buy worthless bonds.

BWHAHAHAHAHAHAHHAHA>

You **********s lurch from one absurdity to the next.

 

Well Bush got what he wanted and created a bigger deficit than Obama will ever hope to rival.

Starting two unfunded wars, then trashing the economy so that you have to bail out most of the financial services industry with taxpayer dollars, is quite an achievement for a Reagan wannabe like Bush.

 

And only you know this. All the investment advisers world wide in major banks and sovereign trust don't see it. But you do.

I love Tea Party clairvoyance/arrogance.

But wait, you just posted it on the internet. I bet they find out about it in all the banks of the world and t-bills crash tomorrow. NOT!

 

Obtuse repetition and big lettering is not a substitute for rational discourse.

 

You clearly need to be spoon fed.

Absolutely zero intellectual initiative = a **********.

 

I don't think you read my post.

 

Rational discourse from you.

You've been owned, man.

You're the guy on record who said that printing money causes debt. You're tripping over all you mindless memes.

 

Oh another one of these "do the research to prove my own argument because what I am saying is total bull" guys. I've done a search and I couldn't find one thing supporting your claim. Maybe if you can be more specific on your sources.

Or maybe you can't get it through you head that creditors aren't going to lend us money at 30 year yields at the interests rates we have set.

 

It's not a "meme". It's one of the many contentions of a Nobel Laureate in economics.

 

Propaganda site!

The Democrats are known for their creative accounting. Tiny Tim Geithner can't even do his own income taxes properly, why should we believe anything off of his website?

 

Yeah so someone telling me to do my own research because they can't back up their claims, THAT person has intellectual initiative.

Zero substance = Rambling moron.

 

USDJPY just shrugged off the yen manipulation by the BoJ. Yet another shining victory for central planners.

 

How exactly are we "setting" the interest rate on the 30 year Treasury. This should be an interesting explanation.

 

I did not say that. You are lying.

 

They invented this thing called Google. Takes about 15 second to verify Inphormer's claim

I know, I know: that's too much work for a **********. Online searches are hard work!