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alstry (35.41)

Is The Fed Preparing For War

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September 30, 2009 – Comments (3)

Fed is cutting off credit to the private sector.

Over 50% of Americans age 16-24 unemployed...the highest rate in history.

Airlines around the world shinking cutting off mobility of the masses.

Due to evaporating revenues, many economies in a depression.

The U.S. increasing troop deployment to the Middle East and Afghanistan.

America is burdened with a debt load and interest rate that mathematically can't be paid back....and now this????

WASHINGTON (MarketWatch) -- The Federal Reserve judgement on when to tighten monetary policy will be based on its forecast of likely developments and not on current conditions, Federal Reserve Vice Chairman Donald Kohn said Wednesday. In a speech to the Cato Institute, a conservative think tank, Kohn stressed that the central bank could reverse its current accommodative stance without creating unstable economic conditions.

Clearly the Fed is out of touch and preparing for something......

With massive layofs pending, governments shutting down, hospitals in dire financial condition, foreclosures skyrocketing,and poverty across America exploding......it is not hard to see what the Fed is engineering.......the biggest finanicial collapse in human history......

With such massive unemployment of the world's youth......and little prospect for employment......are you ready to rumble?????????????????????????????????????????????????????????????????????????

3 Comments – Post Your Own

#1) On September 30, 2009 at 3:13 PM, alstry (35.41) wrote:

Report: 1 in 3 loan applications denied

When you cut off credit to a credit dependent AND highly leveraged economy...it mathematically must contract MASSIVELY as few can service debt and spend at the same time.

Restaurant industry performance softened in August, as the National Restaurant Association’s comprehensive index of restaurant activity posted a modest decline. The Association’s Restaurant Performance Index (RPI) – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 97.9 in August, down 0.2 percent from July and its third decline in the last four months.
...
The Current Situation Index, which measures current trends in four industry indicators (same-store sales, traffic, labor and capital expenditures), stood at 96.0 in August – down 0.9 percent from July and its sharpest decline in nearly a year. In addition,
August represented the 24th consecutive month below 100, which signifies contraction in the current situation indicators.

The sharp decline in Current Situation Index was the result of deteriorating sales and traffic levels in August.

http://www.calculatedriskblog.com/

It cannot get better unless we restructure.....

Chicago Purchasing Managers Index Declines in September

OCC and OTS: Foreclosures, Delinquencies increase in Q2

NOW THE QUESTION YOU MUST ASK IS WHY IS THE FED INTENTIONALLY SHUTTING DOWN THE ECONOMY WHILE BAILING OUT THE INSOLVENT BANKERS??????

ARE YOU READY TO RUMBLE??????

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#2) On September 30, 2009 at 3:24 PM, alstry (35.41) wrote:

GETTING CLOSER TO 50% UNEMPLOYMENT!!!!!!!!!!

Force Protection to cut 10 pct of work force

Wrigley Jr. Company - 5% of North America Workforce

Faced with the worst U.S. economy since the Great Depression, the world's largest maker of elevators and air conditioners has targeted some 11,600 job cuts -- 5 percent of its workforce -- for 2009.

Estee Lauder to Close Prescriptives Brand 

WASN'T GM SUPPOSEDLY HIRING A BUNCH OF WORKERS????

GM to Close Truck Plant in Pontiac 

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#3) On September 30, 2009 at 4:34 PM, alstry (35.41) wrote:

ENTIRE POLICE DEPT SHUT DOWN!!!!

Marfa's quiet country lifestyle and thriving art scene make this tiny west Texas town a favorite getaway.

But the city won't keep its police chief and two officers when the police department shuts down October 1.

"It's all about consolidation. What we're trying to do is run our community as efficiently as possible," said Marfa mayor, Dan Dunlap.

http://www.kens5.com/homepage/tab1/stories/KENS20090929_MarfaBudgetCuts.1cb5ebcc9.html

 

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