September 23, 2009
– Comments (7)
MY PRIOR BLOG SUMMED UP ZOMBULATION
THIS VIDEO PRETTY MUCH CONFIRMS IT AND OUTLINES THE CONSEQUENCES......
Benny knows....soon you will too
Sept. 22 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke’s efforts to stoke a U.S. economic recovery may be undermined by the central bank’s other goal of restoring the banking system to health.
The Federal Open Market Committee, at the conclusion tomorrow of a two-day meeting, will probably maintain its assessment that “tight” bank credit is impeding growth, said economists including former Fed Governor Lyle Gramley. Lending contracted for five straight weeks through Sept. 9, a drop that in part reflects Fed orders to banks to raise more capital and toughen lending standards, analysts say.
A failure to restore the flow of bank credit carries the risk that the economic recovery will be slower than the Fed anticipates, or even that the U.S. lapses into another recession, economists say.
NO LENDING....NO RECOVERY....
Sempai Al . . .
First a little inside hockey -- ask Mr O'Photo about my X-Mas approach.
And secondly, one has to look on with amazement as the animals continue to feast at the equity trough while Farmer Reality approaches from behind with both his Wellingtons on (you Brits know that one), and his long knife ready for slaughter.
How many warnings and how little heed Al?
Oh well . . .
alstry, may you suffer one day or more for each person you scared away from the markets anywhere between S&P 670 and S&P 950. may a hemheroid take root for each kid who's parents couldn't send him to college by just going long in march.
and may our society one day realize that there's a reasonably clear line that divides those in the population who work for them and against the good of others, and those who work for them and FOR the good of others, and I hope you aren't on the less good side of that line.
and please live up to your promise to boogie if the sky doesn't fall. come back if you want as another name, with a new attitude, but seriously. a deals a deal :)
As Alex Jones at info wars told us about for the last at least 4 years or more has predicted.
IQ_land . . . dunno Alex Jones? Please explain???
If you are stupid enough to believe Alstry, you should not be allowed to handle money at all.
but yes,folks, if you take literally to heart the postings of alstry you should immediately invest with profesionnals, or with me, or with a dead drunk monkey. one of those.