Tag Archives: geithner

  • Blog

    Daily Digest 4/6 – Portugal Banks Urge Bailout, Auto Dealers Expect Shortage From Japan, Corn Futures Match All-Time High

    by saxplayer00o1

    Wednesday, April 6, 2011, 2:44 PM

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    • Portugal Banks Threaten To Shun Debt, Urge Bailout
    • Geithner: Raise Debt Ceiling or Risk Another Financial Crisis
    • Georgia Teen Unemployment Hits 37%
    • Ford boosts prices $117 per vehicle as materials costs rise
    • Hard Disk Drives May Get More Expensive
    • Largest U.S. Dealer Expects Japanese Auto Shortage
    • Excerpt on policy from March FOMC minutes
    • IMF denies rumours that Greece about to default
    • Hawaii Hotels May Struggle to Repay Debt as Japanese Travel Dips
    • 37,000 in NC face sudden loss of jobless benefits
    • U.S. Corn Futures Match All-Time High On Supply Concerns
    • Retail Staple Food Prices Rise in First Quarter

    Crash Course DVDThe Crash Course DVD: in-depth analysis on peak oil, debt, demographics, only $24.99 in our store (NTSC or PAL)

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  • Blog

    Guest Post: Fannie and Freddie – The Exit Doors are Shut

    by Ilargi

    Friday, August 20, 2010, 6:09 PM

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    by Ilargi of The Automatic Earth

    This article ran for our enrolled users earlier this week and is one in a series from respected guest commentators while Chris is at work on his new book. Please welcome them to the ChrisMartenson.com community and enjoy the fresh perspective.

    From a purely political point of view, it’s a simple story.  Existing homeowners are a far more powerful force at the voting booth than potential owners, homebuyers, are.  It’s therefore very much in the interest of the incumbent government to keep home prices as high as it can.  Let them slide too much and you will pay for that at the next election.  For potential buyers, you can devise plans that lower interest rates and down payments, but that’s all.  More affordability simply through lower prices is not on the political table.

    Still, in the “listening conference” on US housing policies – Fannie Mae and Freddie Mac in particular – that started this week, it’s not voters who have the biggest say.  That is reserved for the financial industry, and how could it not be?  Not that the Obama administration has to hear the truth from the bankers anymore:  Washington has long since realized that truth.  Which is that without Fannie and Freddie and the 80% stake the US took in them in 2008, as well as the unlimited financial guarantee issued by Tim Geithner at the end of 2009, it’s not just the housing industry that would instantly collapse.  The banking industry would, like a shadow, rapidly follow in its footsteps.

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  • Blog

    Destined to Fail – Magical Thinking at the G20

    by Chris Martenson

    Sunday, June 27, 2010, 1:45 PM

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    The G20 meeting has revealed two important things that tell us something about our combined economic future.  First we learned that the US lost the battle to try to get everyone back on the Keynesian print-a-thon bandwagon.  This tells us something about US leadership in these troubled times.  Once upon a time, the US could dictate such things, but those days are apparently over (which deserves to be noted.)

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  • Blog

    Daily Digest – September 13

    by Davos

    Sunday, September 13, 2009, 2:47 PM

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    • Gerald Celente’s Latest Thoughts…
    • Ticker Guy on Dennis Kneale and Geithner
    • Federal Deficit Hits $1.38T Through August
    • 40 Year Real Change in Income Limits (2008 dollars, Chart)
    • Eviction Patrol Overloaded with Flood of Foreclosures
    • Banksters to Main Street: “I.B.G.”
    • Protectionism: U.S. to Impose Tariff on Tires From China
    • Up To 2 Million March to US Capitol to Protest Against Obama’s Spending in ‘Tea-Party’ Demonstration

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  • Blog

    Daily Digest – August 27

    by Davos

    Thursday, August 27, 2009, 3:06 PM

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    • “Unsustainable” by Dr. Christopher Peters
    • Creative Destruction: Bloggers Know the Problem and the Solution (Video)
    • Good Things Happen to Good People: Federal Reserve Chairman Hit by High-Tech Pickpocket Ring
    • Banks Sitting on Bad Mortgages, And They Aren’t Getting Any Better
    • Top Holders of CRE (Chart)
    • American Idiots, by Jim Quinn
    • Bailout Nation Reviews (So Far)
    • AP Article, can’t post but please google “Rhode Island To Shut Government Down For 12 Days”
    • Obama Continues Peddling Fantasy Deficit Numbers
    • Geithner – Audit the Fed Dangerous? Forget it, Get Rid of the Fed! (Video)
    • Green Sharts On The NYSE!

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  • Blog

    Daily Digest – July 29

    by Davos

    Wednesday, July 29, 2009, 2:54 PM

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    • Two Beers With Steve Podcast: Dr. Chris Martenson, Inflation/Deflation
    • Jeremy Grantham’s Newsletter Refers to Chris Martenson’s Crash Course (H/T Laviera, PDF)
    • Jim Rogers on TV Investment Advice (Video)
    • Iceland Proves That in a Financial Crisis, Breaking Glass and Trashing a Currency is a Good Remedy
    • 5 Stages to Homelessness (Video)
    • Smelt or 80,000 jobs? Smelt or Food? (H/T Lucky & HuckleJohn, Video)
    • Population and Water Rationing (CKessel)
    • Max Kieser (H/T Patrick Brown, Videos, Second Video 1:02 minute mark, 6-9 month bank crisis)
    • China Talks: Treasurer Geithner Pledges Smaller Deficit
    • 5 Firms Hold 80% of Derivative Risk
    • 10 Members Send Letter to Fed on Goldman Sachs Gambling with Bailout Money
    • Chimerica (Video)
    • Real Estate Quote of the Day

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  • Blog

    Daily Digest – June 8

    by Davos

    Monday, June 8, 2009, 3:37 PM

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    • GDP Tanks & Birth Death CREATES More Jobs? (Chart from The Big Picture Blog)
    • Why Weimar Ben Can’t Put the Inflation Genie Back in the Bottle (A MachineHead Masterpiece) 
    • 1 of every 6 dollars of Americans’ income is government check or voucher…
    • Green Shoots, Red Ink, Black Hole (H/T SteveS)
    • Foreclosure Starts Hit 1 Million For the Year (H/T TechGuy)
    • Treasury Secretary is renting out his home in a tony New York suburb after the property went unsold for months (H/T Cat233)
    • Market Reaction Hints At False Note In Jobs Report (H/T Mario Galante)
    • The Myth of the Rational Market
    • Video-o-rama: Figuring out the lie of the financial land
    • HR 1207 Call-a-thon Underway – We’re already +1! (Up to 190 total – need 28 for majority) (Video)

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  • Blog

    Daily Digest – June 5

    by Davos

    Friday, June 5, 2009, 2:49 PM

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    • Two Depressions
    • WHO ARE THOSE GUYS
    • This is a Depression-sized event. …
    • Senate Sabotages Ron Paul’s Bill to Audit the Fed (MachineHead)
    • Laughter from Audience
    • Kasriel: ‘greater risk for the global economy…is inflation’
    • Trend? (Chart 30yr bond)
    • How Much is Reagan Responsible for Bailout Nation ?
    • 24,700,000 Unemployed or Underemployed Americans: Job Losses Accelerate with 6 million unemployed over last year. Real Unemployment rate now at 15.8 Percent.
    • Steve’s Economic Forum, Aaron Moyer Episode 7 (Podcast)
    • A Bubble that Nobody is talking about
    • Bernanke Calls for Deficit Reductions
    • No Buyers of IOUs: Latvia funding crisis
    • Talks Stewart Brand on squatter cities (TEDVideo)
    • Peter Schiff Vlog Report 02 june 2009 (Video H/T iDoctor)

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  • Blog

    Mysterious Actions in the Bond Market

    by Chris Martenson

    Monday, June 1, 2009, 7:06 PM

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    Once again, I’d like to share a post from this week’s "In Session" forum area.


     

    Welcome to June, and welcome to this week’s edition of "In Session."  As always, if you have anything left over from last week that you’d like to discuss this week, copy it on over or post a link back and we’ll see about getting to it.

    This week, I am still tuned into some confusing cross-currents in the world of bonds, specifically US Treasuries, that I do not yet understand.

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  • Blog

    Daily Digest – May 27

    by Davos

    Wednesday, May 27, 2009, 3:12 PM

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    • AIN’T NO REST FOR THE WICKED
    • Jeff Macke Goes Nuts On Dennis Kneale (Video)
    • Housing: More problems ahead for the low end?
    • Geithner to DeMint: Bailouts may never end, no exit plans…
    • Samuelson: Insolvency? Bring it on.
    • Without Meters, Fresno Water Beyond Measure
    • A California Town Squeezes Water From A Drought
    • Pension Terminators?
    • In Others’ Hands
    • Is Factory Farming a Risk Too Far?
    • China unveils first sovereign credit rating standards (H/T PineCarr)
    • Agrichemical Industry Attacks White House Organic Garden
    • Good Methods for Finding Local Food
    • LocalHarvest.Org

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