Spectrism
4th March 2011, 09:35 AM
The word picture he gives is quite funny... and sad because it is true.....
03 March 2011
Gold Daily and Silver Weekly Charts - Emperor Nakedly Monetizing, Desperately Seeking Stability
here's a piece-
Adding liquidity and stimulus at this point is like pouring enormous quantities of gasoline into a car that has just been towed out of a ditch, with four flat tires, a seized transmission, and a crushed radiator, and saying, "We'll be back on the road anytime now once we fill 'er up." And austerity is like making the passengers get out and push. The Congress, who failed to properly maintain the vehicle by taking kickbacks from dishonest mechanics, the Banks, sits in the front seat eating doughnuts, urging the middle class to stop whining and push harder. And Bernanke is bouncing up and down on his seat saying 'vrooom, vrooom,' and the corporate media and economists marvel at his accomplishments. It is less a recovery than a tragedy.
http://jessescrossroadscafe.blogspot.com/2011/03/gold-daily-and-silver-weekly-charts_03.html
03 March 2011
Gold Daily and Silver Weekly Charts - Emperor Nakedly Monetizing, Desperately Seeking Stability
here's a piece-
Adding liquidity and stimulus at this point is like pouring enormous quantities of gasoline into a car that has just been towed out of a ditch, with four flat tires, a seized transmission, and a crushed radiator, and saying, "We'll be back on the road anytime now once we fill 'er up." And austerity is like making the passengers get out and push. The Congress, who failed to properly maintain the vehicle by taking kickbacks from dishonest mechanics, the Banks, sits in the front seat eating doughnuts, urging the middle class to stop whining and push harder. And Bernanke is bouncing up and down on his seat saying 'vrooom, vrooom,' and the corporate media and economists marvel at his accomplishments. It is less a recovery than a tragedy.
http://jessescrossroadscafe.blogspot.com/2011/03/gold-daily-and-silver-weekly-charts_03.html