Implementing the nationalization agenda in private

[Arraya]

Agreed, perception control is going full court press with the “everything is rosy” meme.

Still, just a casual glance at the immense amount of defaults coming back and the capital on hand at the banks does not add up. Juxtaposed with the consistent credit contraction that is with us for the foreseeable future. Means to me that at some point we are going to have another panic in the markets when it is exposed. You can only hide reality for so long. After the next panic the sheep wont be so easily coaxed back in.

We are teetering on the brink, of something. I can smell the fear coming back.

Oh, Big brother loves you and wants you to take your vaccine…

[Allan from Fallbrook]

Arraya: A good friend works at Wells Fargo and he was telling me how frantically they are working to modify various large commercial RE loans right now.

This, to me, is the “other shoe” about to drop and it looks like the banks will do anything to prevent that from happening, or at least minimize the impact when it does.

According to that FDIC report, the damage is extremely widespread and the FDIC is, in essence, resorting to shaking down the banks for additional funds to keep themselves solvent. The troubled banks list is exploding and yet all we’re hearing is that everything is fine and the recession is over.

At some point, fantasy and reality collide. Its been my experience that, invariably, reality ultimately wins.

[Allan from Fallbrook]

Arraya: A good friend works at Wells Fargo and he was telling me how frantically they are working to modify various large commercial RE loans right now.

This, to me, is the “other shoe” about to drop and it looks like the banks will do anything to prevent that from happening, or at least minimize the impact when it does.

According to that FDIC report, the damage is extremely widespread and the FDIC is, in essence, resorting to shaking down the banks for additional funds to keep themselves solvent. The troubled banks list is exploding and yet all we’re hearing is that everything is fine and the recession is over.

At some point, fantasy and reality collide. Its been my experience that, invariably, reality ultimately wins.

[Allan from Fallbrook]

Arraya: A good friend works at Wells Fargo and he was telling me how frantically they are working to modify various large commercial RE loans right now.

This, to me, is the “other shoe” about to drop and it looks like the banks will do anything to prevent that from happening, or at least minimize the impact when it does.

According to that FDIC report, the damage is extremely widespread and the FDIC is, in essence, resorting to shaking down the banks for additional funds to keep themselves solvent. The troubled banks list is exploding and yet all we’re hearing is that everything is fine and the recession is over.

At some point, fantasy and reality collide. Its been my experience that, invariably, reality ultimately wins.

[Allan from Fallbrook]

Arraya: A good friend works at Wells Fargo and he was telling me how frantically they are working to modify various large commercial RE loans right now.

This, to me, is the “other shoe” about to drop and it looks like the banks will do anything to prevent that from happening, or at least minimize the impact when it does.

According to that FDIC report, the damage is extremely widespread and the FDIC is, in essence, resorting to shaking down the banks for additional funds to keep themselves solvent. The troubled banks list is exploding and yet all we’re hearing is that everything is fine and the recession is over.

At some point, fantasy and reality collide. Its been my experience that, invariably, reality ultimately wins.

[Allan from Fallbrook]

Arraya: A good friend works at Wells Fargo and he was telling me how frantically they are working to modify various large commercial RE loans right now.

This, to me, is the “other shoe” about to drop and it looks like the banks will do anything to prevent that from happening, or at least minimize the impact when it does.

According to that FDIC report, the damage is extremely widespread and the FDIC is, in essence, resorting to shaking down the banks for additional funds to keep themselves solvent. The troubled banks list is exploding and yet all we’re hearing is that everything is fine and the recession is over.

At some point, fantasy and reality collide. Its been my experience that, invariably, reality ultimately wins.

[scaredyclassic]

so, what should i do?

I’m still long gold and silver mines but kind of not relaxed about it.

[scaredyclassic]

so, what should i do?

I’m still long gold and silver mines but kind of not relaxed about it.

[scaredyclassic]

so, what should i do?

I’m still long gold and silver mines but kind of not relaxed about it.

[scaredyclassic]

so, what should i do?

I’m still long gold and silver mines but kind of not relaxed about it.

[scaredyclassic]

so, what should i do?

I’m still long gold and silver mines but kind of not relaxed about it.

[CricketOnTheHearth]

Scaredy:

I’m thinking of buying solid silver and gold themselves with my savings, not just the mines.

I visited my local purveyor of Krugerrands, Eagles and Maple Leaves yesterday, and he said he’d been visited by a guy who swore Israel is gonna nuke Iran’s nuclear enrichment facility. I said my money was on conventional-explosives bunker busters, not nukes (that radioactive cloud would go just everywhere, write off half of the Middle East’s oil fields, etc). That said, a few 5000-lb bombs dropping down Ah-maniac-a-jad’s throat might be enough to rattle the markets right there.

Allan, are the commercial real estate loans also bundled (Freudian, I initially typed “bungled”) into impenetrable CDS’s, or can the banks cram down the balance in those cases to at least keep the borrowers alive and cash-flowing into the banks’ coffers to some extent?

[CricketOnTheHearth]

Scaredy:

I’m thinking of buying solid silver and gold themselves with my savings, not just the mines.

I visited my local purveyor of Krugerrands, Eagles and Maple Leaves yesterday, and he said he’d been visited by a guy who swore Israel is gonna nuke Iran’s nuclear enrichment facility. I said my money was on conventional-explosives bunker busters, not nukes (that radioactive cloud would go just everywhere, write off half of the Middle East’s oil fields, etc). That said, a few 5000-lb bombs dropping down Ah-maniac-a-jad’s throat might be enough to rattle the markets right there.

Allan, are the commercial real estate loans also bundled (Freudian, I initially typed “bungled”) into impenetrable CDS’s, or can the banks cram down the balance in those cases to at least keep the borrowers alive and cash-flowing into the banks’ coffers to some extent?

[CricketOnTheHearth]

Scaredy:

I’m thinking of buying solid silver and gold themselves with my savings, not just the mines.

I visited my local purveyor of Krugerrands, Eagles and Maple Leaves yesterday, and he said he’d been visited by a guy who swore Israel is gonna nuke Iran’s nuclear enrichment facility. I said my money was on conventional-explosives bunker busters, not nukes (that radioactive cloud would go just everywhere, write off half of the Middle East’s oil fields, etc). That said, a few 5000-lb bombs dropping down Ah-maniac-a-jad’s throat might be enough to rattle the markets right there.

Allan, are the commercial real estate loans also bundled (Freudian, I initially typed “bungled”) into impenetrable CDS’s, or can the banks cram down the balance in those cases to at least keep the borrowers alive and cash-flowing into the banks’ coffers to some extent?

[CricketOnTheHearth]

Scaredy:

I’m thinking of buying solid silver and gold themselves with my savings, not just the mines.

I visited my local purveyor of Krugerrands, Eagles and Maple Leaves yesterday, and he said he’d been visited by a guy who swore Israel is gonna nuke Iran’s nuclear enrichment facility. I said my money was on conventional-explosives bunker busters, not nukes (that radioactive cloud would go just everywhere, write off half of the Middle East’s oil fields, etc). That said, a few 5000-lb bombs dropping down Ah-maniac-a-jad’s throat might be enough to rattle the markets right there.

Allan, are the commercial real estate loans also bundled (Freudian, I initially typed “bungled”) into impenetrable CDS’s, or can the banks cram down the balance in those cases to at least keep the borrowers alive and cash-flowing into the banks’ coffers to some extent?

[Author]

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