| User Info
| Bond Market To Bernanke: F@&k You! in forum [Market-Ticker]
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Randy123
Posts: 5785
Incept: 2008-09-24
Earth
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China is the Enemy. Wake Up.
New Normal. Same As The Old Awful.
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End_the_bubbles
Posts: 9523
Incept: 2009-03-25
The New 3rd World
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In the long run even the most despotic governments with all their brutality and cruelty are no match for ideas. Eventually the ideology that has won the support of the majority will prevail and cut the ground from under the tyrant's feet and rise in rebellion to overthrow their masters.
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Throxxofvron
Posts: 10325
Incept: 2009-02-17
Hyper-Speculative Psycho-Facsistic Parabolic Blow-Off
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The Obama Administration and Congress are allowing/promoting this theft of the Citizenry.
Ben Bernanke and the FED are NOT making unilateral decisions.
This QE Regime is Centrally Planned in the truest sense of the phrase.
This is about Monetizing the Federal Deficit as much as it is about transferring the Private Capital of the Citizenry into the hands of the Oligarchy which have been inflating the Money Supply via the Fraudulent Origination of Loans against Fraudulent Valuations of Assets and absconding with the Fraudulently created Monies/Counterfeited Funds via Securitization Frauds.
Now that the Fraudulent Origination of Debt Money Creation is collapsing the Government Bureaucracy is engineering the Looting of the Citizenry to salvage the Counterfeit Fortunes of the Oligarchy -and thus Preserve the Oligarchy/Bureaucracy System.
The Congressional Financial Complex is neither simply a creature of Government Bureaucracy nor Banking Oligarchy: IT IS BOTH.
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DIONYSUS: " Thou hast no knowledge of the life thou art leading; thy very existence is now a mystery to thee. " -from 'The Bacchantes' By Euripides “During times of universal deceit, telling the truth becomes a revolutionary act.” -George Orwell
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Hamilchr
Posts: 63
Incept: 2009-02-28
Portland, OR
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BTW - what would it look like if a large holder of T's (China, Japan, etc.) started selling off their holdings? Could that be what QE2 is really all about? Maintaining a bid for T's while largest holders surrender them to PD's for repurchase at the Fed?
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Maddymax
Posts: 4664
Incept: 2008-02-26
PONZIVILLE
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yep economy is improving ecspecially in housing
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Ben's policy will lead to wage deflation and commodity inflation which will lead to the Greatest Depression and Uprising Ever.
Who needs TA we got POMO
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Tm22721
Posts: 976
Incept: 2008-01-09
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Checkmate by Bondzilla.
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The country is terminally ill and IT JUST WANTS A PILL.
The only way up is down.
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Jeffrey_thomason
Posts: 7083
Incept: 2009-03-11
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Quote:
Checkmate by Bondzilla.
 Uh? Somebody call?
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"Until we look beyond the throne where the power structure lies, we'll fight amongst ourselves as freedom dies. The only hope for human kind lies in solidarity. The strength in our numbers sets us free."
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Mschemeng
Posts: 180
Incept: 2010-10-03
Toronto ON
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I’m glad I got me some in the money TBT June 2011 calls this morning, on that mild pullback…this will only get worse… I was going to wait until midweek, but action was screaming “F you Ben”, so I got my full fill… As for Ireland, there will be IRA shooting every politician before bailout happens, I read somewhere (month or two ago) that they are going after banksters already… nice fact figures in this article (just how bad it is), I'm not sure about the opinion... "Europe stumbles blindly towards its 1931 moment" http://www.telegraph.co.uk/finance/comme.... |
Chris92346
Posts: 1316
Incept: 2009-03-25
Banned
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Just curious... why is this so horrible when we are not even to recent highs in the market? About a year ago it was up to almost 4% and nothing bad happened. Yea I know the rates are moving very fast but they have a long way to go.
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Randy123
Posts: 5785
Incept: 2008-09-24
Earth
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Chris, b/c housing needs all the help it can get...remember banks are still lying on what they have on their balance sheets.
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China is the Enemy. Wake Up.
New Normal. Same As The Old Awful.
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Icanhasbailout
Posts: 9939
Incept: 2009-03-10
Imaginationland
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Here he comes!
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Genesis
Posts: 130779
Incept: 2007-06-26
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STOMP THAT CHURCH! 
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Chris92346
Posts: 1316
Incept: 2009-03-25
Banned
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Randy I just think we need context considering we are going off darn near record lows, and we are still nowhere near even recent highs.
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Themortgagedude
Posts: 8853
Incept: 2007-12-17
saint louis
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I don't think we are done with low bond prices yet. But we definitely have seen a hit in MBS pricing. From my service today - The 30 year fixed FNMA required net yield is now at 4.12% the highest since July 15, up from 3.89% Friday. That basically tells you rates are up a quarter in rate in last two days. And 3/8 from the recent low.
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I'm already visualizing you with duct tape over your mouth.
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Mschemeng
Posts: 180
Incept: 2010-10-03
Toronto ON
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Chris,
Aside from housing which is dead anyway, Benny said QE will keep long term rate down not up, so he is proven wrong in a week!
What happens if rates keep rising into June 2011 (end of QE)…
Most of all, bond vigilantes are telling Fed that he can’t have a free lunch…and if you print more money, existing money is worth less, thus higher bond rate to achieve same return. However, with dollar rising, I think it risk of future inflation, lack of confidence and future money printing (as that is all this Fed knows)
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Chris92346
Posts: 1316
Incept: 2009-03-25
Banned
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Did Ben think he could really push the 10 year under 2.5??? Really?
Maybe Ben wants interest rates to go back up and he will protect the government in the meanwhile by buying up all the treasuries. It was as theory I read the other day, I sorta makes since.
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Corn1945
Posts: 4167
Incept: 2009-04-30
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Quote: Maybe Ben wants interest rates to go back up and he will protect the government in the meanwhile by buying up all the treasuries. Ben's protection is the very reason rates are rising! Some bodyguard he is! |
Trades50
Posts: 4217
Incept: 2007-10-30
Land of Tax and Spend
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Liked that avitar where Bernanke a bear was stepping on Bernanke's head. Replace the bear with Bondzilla.
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When the people fear the government, there is tyranny. When the government fears the people, there is liberty. - Thomas Jefferson
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Medicdan
Posts: 8024
Incept: 2010-02-11
Scottsdale, AZ
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Chris, Higher interests = you qualify for less house. Meaning it will crush housing more.
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Icanhasbailout
Posts: 9939
Incept: 2009-03-10
Imaginationland
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The next domino in the chain however is establishing new record highs all the time - that would be the national debt, a sum large enough that even modest normalization of interest rates will blow a huge smoking crater in the federal budget.
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Lenguado
Posts: 1272
Incept: 2010-01-12
Orlando, FL
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Mschemeng: Good article! Loved this little gem: Quote:The eurozone’s fiscal fund (European Financial Stability Facility) is fatally flawed. Like Alpinistas roped together, an ever-reduced core of solvent states are supposed to carry the weight on an ever-widening group of insolvent states dangling beneath them. Sounds a bit like some of Gen's visualizations....
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I just realized... they aren't saying, "Keynesian Economics" they're saying "Kenyansian Economics". Grass Huts for everyone!  Welcome to history’s first Double Dip Depression |
Chris92346
Posts: 1316
Incept: 2009-03-25
Banned
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I am just reminded by the famous quote "first by inflation then by deflation.." Maybe he has as all of his ducks in a row and he is ready the swing this ship back the other way. Ben has to know you can't inflate for ever. He can't be stupid can he?
Don't you understand.... higher interest rates don't hurt the Government if they have their own bank buying up all the treasuries.
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Chris92346
Posts: 1316
Incept: 2009-03-25
Banned
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Maybe he knows he can't save it. So he will detonate it at a time of his own choosing when he feels he has the most protection around him to survive the **** storm that is to come.
I am taking a contrarian view here as an intellectual exercise, these people are master strategists. They are thinking several moves ahead. It is like a ****ing chess game. Never assume you know their motives.
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Wawawa
Posts: 249
Incept: 2009-03-18
San Diego, CA
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Does it mean that bond vigilantes are coming out and showing their middle-finger to BB ?
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RAT RACE IS OVER, RATS WON :)
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