Comments for Boomers Bank

Comment on The $600 Trillion Derivatives by Joe

Joe — Mon, 10 Nov 2008 18:19:52 +0000

This derivatives bubble eclipses the world’s real economy. The Fed, especially under Greeenspan, allowed and even encouraged the derivatives bubble. There is only one solution I can see:

1. Repeal the Fed (www.RepealTheFed.net);
2. Put the Fed system into bankruptcy;
3. Create a new currency to keep the world economy alive;
4. We can allow the Fed system to survive in some isolated sense to allow the derivatives participants to unwind their gambling operation offline. Then a temporary market in Federal reserve notes can be created to trade out before ending the system.

Joe Six-Pack
http://www.JoeSixPack.me
http://www.FinancialBlackmail.us
http://www.siv0.com

Comment on The tiny US sub-prime by Steve Glover

Steve Glover — Sun, 09 Nov 2008 18:22:04 +0000

A well-written piece! Unfortunately, my information and research leads me to think the losses in the CDO market will be far greater than 1.2 T dollars. What sources did you base that estimate upon? Word I get from the CME floor traders is that the instrument may trade in the $0.10 to $0.14 range to the dollar. Please clarify the net loss figure if you can - a lot hinges on that number!!

Thanks!

Comment on I.O.U.S.A by CultureWatcher

CultureWatcher — Sat, 08 Nov 2008 17:45:47 +0000

Interesting post and blog. Relevantly, many prominent experts and publications have pointed out that Obama is part of Generation Jones, born 1954-1965, between the Boomers and GenXers.

You may find this page interesting: it has, among other things, excerpts from publications like Newsweek and the New York Times, and videos with over 25 top pundits, all talking specifically about Obama’s identity as a GenJoneser:
http://www.generationjones.com/2008election.html

Comment on The Great bank Bailout by How to buy Defaulted Mortgages: Moochfest (Don’t cut Corners when Buying Notes)

Thu, 30 Oct 2008 09:20:12 +0000

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Comment on by Submit Your Article! » Managing good investments in terms of real estate

Submit Your Article! » Managing good investments in terms of real estate — Tue, 28 Oct 2008 06:06:43 +0000

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Comment on by Submit Your Article! » Investments in Private Equity: a boon for investors

Submit Your Article! » Investments in Private Equity: a boon for investors — Mon, 27 Oct 2008 15:44:58 +0000

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Comment on Derivative’s Taking control of your money by » Derivative’s Taking control of your money » Easy Forex Investments

» Derivative’s Taking control of your money » Easy Forex Investments — Thu, 23 Oct 2008 05:18:58 +0000

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Comment on Derivative’s Taking control of your money by » Derivative’s Taking control of your money » Forex Currency Trading

» Derivative’s Taking control of your money » Forex Currency Trading — Thu, 23 Oct 2008 04:45:56 +0000

[...] Forex news by John Krol [...]

Comment on India China Oil by India China Oil | Cost Fuel

India China Oil | Cost Fuel — Sun, 19 Oct 2008 17:34:17 +0000

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Comment on India China Oil by » India China Oil » Exxon Mobil

» India China Oil » Exxon Mobil — Sun, 19 Oct 2008 17:11:02 +0000

[...] Exxon Mobil news by John Krol [...]