I think the slogan says it all but I wonder who will be funding this over the next year.

This would be another popular slogan imo.

the middle class is just royally screwed

Obviously Gov. Schwarzenegger does not read Bonddad. He explained that the significant economic pain accruing to working class people resulting from his state budget was due to the “sour economy” and he went on to compare California to Greece.

If he were a regular reader of the “chicken in every pot” Bonddad blog he would know that the recession is over, the economy is growing and California’s budget problems are ‘lagging indicators’.

Don’t you just hate uninformed politicians?

I'm baffled by the Fed's sleight of hand these days. It won't stand still so we can see what it is doing -- until after the deal is done, and maybe not even then. Their releases make it sound like these currency swaps are totally riskless. Maybe someone can explain it (plain English) to those of us "laymen" in whom Greenspan had so little confidence.

Will the Fed wind up owning the Parthenon?

Multiple States and one Currency is the U.S. before the Civil War. It breaks apart or the Iron Heel of Brussels comes down.

Who really has the reserves in this pissing match? Germany. Germany will not throw its weight around. Brits, Swiss and Danes do well by their own currency and 'keep buggering on'.

As pointed out in http://www.textbooksfree.org/Change%20Education.htm,
inafj requires changes that academics and parents do not want, educators don't have the power to install, and will not get politicians elected.

More evidence these huge banks are simply extensions of the U.S. government.

In return for U.S. government bailouts and guarantees, banks work with the Treasury in an attempt to "manage" the markets.

"I would –as you have suggested – wash the order thru liquidity loans to my 1 or 2 firms; with the understanding that they would buy equities that they would then deposit as collateral for such loans."

Insights From An Ex-Wall Street CEO On Market Manipulation

This explains why the most obvious of all financial reforms, re-instate Glass-Steagall, is mysteriously not being supported by Obama. For if it were re-instated, the banks could no longer buy stocks. And if the banks could not buy stocks, then they couldn't implement U.S. Treasury financial engineering - supporting stock market prices.

This also explains why the Federal Reserve must maintain secrecy. For they are the go-between for the U.S. Treasury and large banks. Without this secrecy an audit would show the money trail.

So it all ties together. Bailouts. Banks having "perfect" quarters. No Glass-Steagall. Federal Reserve secrecy. It's all part of a charade to keep our sickly, debt-addicted, economy afloat - and thus keep the status quo for those in power.

How can I get these guys to handle my IRA? Since the Fed is bankrolling them, I'd like a chance to get my retirement back to where it was before the crash. It's the least they can do.

Not only is that impossible by the odds, to not have a single losing trade out of how many in a quarter? 100k? But the profits are off the charts too and I'll bet that's the zero interest rate spread.

Meanwhile we're seeing a host of articles today about the "new poor" talking about the additional new steps down the economic ladder Americans have taken and how they are permanent.

If anyone in "journalism" even bothers to check facts anymore, they'll find that 20-or-so protesters broke off from an otherwise-peaceful march, tried to walk through an OPEN gate, were asked to leave by police, refused to do so, got clobbered over the head by said-police, and then left.

In Ireland, RTE (the national radio and television broadcaster in Ireland) gave the story less than 60 seconds at the end of the main evening news. It was a quick "oh, by the way" story. Looking at foreign news services though, you'd think the government had been dragged out and roasted on a spit.

If that's what passes for journalism nowadays, God help us all.