Helicopter Ben and The Cloward Piven Crew Strike Again: US bonds downgraded.

Posted by Eudaimonia 13 years, 12 months ago to Economics
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Egan Jones has just downgraded US bonds from AA to AA-.

But don't worry, QE3Bar is just a stop gap measure until the national economy stabilizes.

http://www.zerohedge.com/news/egan-jones...


All Comments

  • Posted by DR_BRETT 13 years, 12 months ago
    Thanks for "linking" to this article --
    The article's COMMENTS, include a true picture of the real state of the "private" banks relative to the Federal Reserve "BANK." (What are all banks secured upon ??)
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  • Posted by DR_BRETT 13 years, 12 months ago
    By the Way, "Nowadays, it is IMPOSSIBLE to be 'too' obvious." (Quoting myself)

    However, if one talks (or writes) STRAIGHT -- he is then "assumed" to be NAIVE !!
    (I'd rather be accused of anything, than be indefinite and indeterminate)
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  • Posted by 13 years, 12 months ago in reply to this comment.
    Definitely sarcasm.
    Unfortunately my sarcasm can be a little dry.
    1) The "Bar" in "QE3Bar" is meant to be understood as the mathematical term, "QE3 Repeating".
    2) "until the national economy stabilizes" was the excuse the government fascists in AS consistently used, and which Helicopter Ben also, in his own words, used.
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  • Posted by DR_BRETT 13 years, 12 months ago
    US GOVERNMENT Bonds -- as distinguished from PRIVATE Bonds .
    The distinction is often NOT made -- with deliberate intent to confuse many who are unfamiliar with Bond Markets .
    Reply | Permalink  
  • Posted by DR_BRETT 13 years, 12 months ago
    "But don't worry, QE3Bar is just a stop gap measure until the national economy stabilizes." --
    *SARCASM* ??
    It is advisable to make one's point of view absolutely definite. In an Age of Deliberate Confusion, The Confusers have caused many men to estimate UNCERTAIN sarcasm, as "cool" or as a value .
    Reply | Permalink  
  • Posted by WesleyMooch 13 years, 12 months ago
    Ayn Rand would have killed to secure the name "Cloward Piven" for one of her characters.
    Reply | Permalink  

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