TARP has lost 40% since inception

[LuckyInOC]

I sure does look like this is happening by Irving Fisher’s debt-deflation theory numbers:

1. Debt liquidation and distress selling
2. Contraction of the money supply as bank loans are paid off
3. A fall in the level of asset prices
4. A still greater fall in the net worths of business, precipitating bankruptcies
5. A fall in profits
6. A reduction in output, in trade and in employment.
7. Pessimism and loss of confidence
8. Hoarding of money
9. A fall in nominal interest rates and a rise in deflation adjusted interest rates.

So…

are we at #4
– or –
are at #6 and moving to #7 about now.

Though they seldom invoke Fisher, policymakers in America are applying his ideas. In academia Ben Bernanke, now the chairman of the Federal Reserve, sought to formalise Fisher’s debt-deflation theory.

http://www.economist.com/finance/displaystory.cfm?story_id=13104022

LuckyInOC

[Arraya]

http://www.lifeaftertheoilcrash.net/breakingnews.html
Anytime all the right wing radio shows are all up in arms over something, I start suspecting the outrage is being engineered at the behest of financial entities higher up on the food chain. The most recent example of this was the Rick Santell incident which turned out to be engineered by some corporate fat cats.

This brings us to the now public outrage over the AIG bonuses. Many of us in the doom-o-sphere are probably tempted to think “maybe this time the outrage is real, maybe the American people really are about to ‘twist of’ on their own accord. Well it’s about damn time!” That’s certainly possible but my best guess — and it’s just that, a guess — is that the public’s outrage is purposely being directed towards the AIG executives for the benefit of folks/entities even higher up on the food chain. In the case of AIG this would the counterparties that the AIG bailout money ended up going to. (That would be Goldman Sachs and friends)

Put another way: the “Big Boyz” at AIG are about to learn a very tough lesson – one already learned the hard way by the “Big Boyz” at Lehman Brothers and Bear Stearns. That is that as high up on the food chain as they may be, there are others who are even higher than them and that these folks won’t hesitate to toss the kingdom’s lower ranking financial “shadow magicians” out to the seething masses gathered outside the gates.

Heck for all we know, the “numerati class” working in the employ of the higher ranking guys ran this stuff through their enterprise management super-computers which calculated that tossing the AIG guys out to the masses was the best way to preserve themselves. If you don’t know what I mean by “numerati class” or “enterprise management software” then check out the following articles and think about how these sort of programs could be used — not just for making decisions within a company — but also for engineering ways to bring down other companies (or entire economies) while simultaneously profiting from the engineered collapses:

[Arraya]

http://www.lifeaftertheoilcrash.net/breakingnews.html
Anytime all the right wing radio shows are all up in arms over something, I start suspecting the outrage is being engineered at the behest of financial entities higher up on the food chain. The most recent example of this was the Rick Santell incident which turned out to be engineered by some corporate fat cats.

This brings us to the now public outrage over the AIG bonuses. Many of us in the doom-o-sphere are probably tempted to think “maybe this time the outrage is real, maybe the American people really are about to ‘twist of’ on their own accord. Well it’s about damn time!” That’s certainly possible but my best guess — and it’s just that, a guess — is that the public’s outrage is purposely being directed towards the AIG executives for the benefit of folks/entities even higher up on the food chain. In the case of AIG this would the counterparties that the AIG bailout money ended up going to. (That would be Goldman Sachs and friends)

Put another way: the “Big Boyz” at AIG are about to learn a very tough lesson – one already learned the hard way by the “Big Boyz” at Lehman Brothers and Bear Stearns. That is that as high up on the food chain as they may be, there are others who are even higher than them and that these folks won’t hesitate to toss the kingdom’s lower ranking financial “shadow magicians” out to the seething masses gathered outside the gates.

Heck for all we know, the “numerati class” working in the employ of the higher ranking guys ran this stuff through their enterprise management super-computers which calculated that tossing the AIG guys out to the masses was the best way to preserve themselves. If you don’t know what I mean by “numerati class” or “enterprise management software” then check out the following articles and think about how these sort of programs could be used — not just for making decisions within a company — but also for engineering ways to bring down other companies (or entire economies) while simultaneously profiting from the engineered collapses:

[Arraya]

http://www.lifeaftertheoilcrash.net/breakingnews.html
Anytime all the right wing radio shows are all up in arms over something, I start suspecting the outrage is being engineered at the behest of financial entities higher up on the food chain. The most recent example of this was the Rick Santell incident which turned out to be engineered by some corporate fat cats.

This brings us to the now public outrage over the AIG bonuses. Many of us in the doom-o-sphere are probably tempted to think “maybe this time the outrage is real, maybe the American people really are about to ‘twist of’ on their own accord. Well it’s about damn time!” That’s certainly possible but my best guess — and it’s just that, a guess — is that the public’s outrage is purposely being directed towards the AIG executives for the benefit of folks/entities even higher up on the food chain. In the case of AIG this would the counterparties that the AIG bailout money ended up going to. (That would be Goldman Sachs and friends)

Put another way: the “Big Boyz” at AIG are about to learn a very tough lesson – one already learned the hard way by the “Big Boyz” at Lehman Brothers and Bear Stearns. That is that as high up on the food chain as they may be, there are others who are even higher than them and that these folks won’t hesitate to toss the kingdom’s lower ranking financial “shadow magicians” out to the seething masses gathered outside the gates.

Heck for all we know, the “numerati class” working in the employ of the higher ranking guys ran this stuff through their enterprise management super-computers which calculated that tossing the AIG guys out to the masses was the best way to preserve themselves. If you don’t know what I mean by “numerati class” or “enterprise management software” then check out the following articles and think about how these sort of programs could be used — not just for making decisions within a company — but also for engineering ways to bring down other companies (or entire economies) while simultaneously profiting from the engineered collapses:

[Arraya]

http://www.lifeaftertheoilcrash.net/breakingnews.html
Anytime all the right wing radio shows are all up in arms over something, I start suspecting the outrage is being engineered at the behest of financial entities higher up on the food chain. The most recent example of this was the Rick Santell incident which turned out to be engineered by some corporate fat cats.

This brings us to the now public outrage over the AIG bonuses. Many of us in the doom-o-sphere are probably tempted to think “maybe this time the outrage is real, maybe the American people really are about to ‘twist of’ on their own accord. Well it’s about damn time!” That’s certainly possible but my best guess — and it’s just that, a guess — is that the public’s outrage is purposely being directed towards the AIG executives for the benefit of folks/entities even higher up on the food chain. In the case of AIG this would the counterparties that the AIG bailout money ended up going to. (That would be Goldman Sachs and friends)

Put another way: the “Big Boyz” at AIG are about to learn a very tough lesson – one already learned the hard way by the “Big Boyz” at Lehman Brothers and Bear Stearns. That is that as high up on the food chain as they may be, there are others who are even higher than them and that these folks won’t hesitate to toss the kingdom’s lower ranking financial “shadow magicians” out to the seething masses gathered outside the gates.

Heck for all we know, the “numerati class” working in the employ of the higher ranking guys ran this stuff through their enterprise management super-computers which calculated that tossing the AIG guys out to the masses was the best way to preserve themselves. If you don’t know what I mean by “numerati class” or “enterprise management software” then check out the following articles and think about how these sort of programs could be used — not just for making decisions within a company — but also for engineering ways to bring down other companies (or entire economies) while simultaneously profiting from the engineered collapses:

[Arraya]

http://www.lifeaftertheoilcrash.net/breakingnews.html
Anytime all the right wing radio shows are all up in arms over something, I start suspecting the outrage is being engineered at the behest of financial entities higher up on the food chain. The most recent example of this was the Rick Santell incident which turned out to be engineered by some corporate fat cats.

This brings us to the now public outrage over the AIG bonuses. Many of us in the doom-o-sphere are probably tempted to think “maybe this time the outrage is real, maybe the American people really are about to ‘twist of’ on their own accord. Well it’s about damn time!” That’s certainly possible but my best guess — and it’s just that, a guess — is that the public’s outrage is purposely being directed towards the AIG executives for the benefit of folks/entities even higher up on the food chain. In the case of AIG this would the counterparties that the AIG bailout money ended up going to. (That would be Goldman Sachs and friends)

Put another way: the “Big Boyz” at AIG are about to learn a very tough lesson – one already learned the hard way by the “Big Boyz” at Lehman Brothers and Bear Stearns. That is that as high up on the food chain as they may be, there are others who are even higher than them and that these folks won’t hesitate to toss the kingdom’s lower ranking financial “shadow magicians” out to the seething masses gathered outside the gates.

Heck for all we know, the “numerati class” working in the employ of the higher ranking guys ran this stuff through their enterprise management super-computers which calculated that tossing the AIG guys out to the masses was the best way to preserve themselves. If you don’t know what I mean by “numerati class” or “enterprise management software” then check out the following articles and think about how these sort of programs could be used — not just for making decisions within a company — but also for engineering ways to bring down other companies (or entire economies) while simultaneously profiting from the engineered collapses:

[Ricechex]

[quote=Allan from Fallbrook]
I am, however, pointing at Obama’s CHOICES and asking why? If we are discussing change and getting away from the nonsense of the Bush and Clinton years, then why are we doing EXACTLY the same thing?
[/quote]

Insanity is doing the same thing and expecting different results.

[Ricechex]

[quote=Allan from Fallbrook]
I am, however, pointing at Obama’s CHOICES and asking why? If we are discussing change and getting away from the nonsense of the Bush and Clinton years, then why are we doing EXACTLY the same thing?
[/quote]

Insanity is doing the same thing and expecting different results.

[Ricechex]

[quote=Allan from Fallbrook]
I am, however, pointing at Obama’s CHOICES and asking why? If we are discussing change and getting away from the nonsense of the Bush and Clinton years, then why are we doing EXACTLY the same thing?
[/quote]

Insanity is doing the same thing and expecting different results.

[Ricechex]

[quote=Allan from Fallbrook]
I am, however, pointing at Obama’s CHOICES and asking why? If we are discussing change and getting away from the nonsense of the Bush and Clinton years, then why are we doing EXACTLY the same thing?
[/quote]

Insanity is doing the same thing and expecting different results.

[Ricechex]

[quote=Allan from Fallbrook]
I am, however, pointing at Obama’s CHOICES and asking why? If we are discussing change and getting away from the nonsense of the Bush and Clinton years, then why are we doing EXACTLY the same thing?
[/quote]

Insanity is doing the same thing and expecting different results.

[gandalf]

Great post, lucky. Yeah, somewhere in between #4 and #7 on our way towards deflation/low-inflation with high relative interest rates. That’s as best as I can see too — with outside chance of dollar crisis precipiated by geopolitical events.

Allan, you’re really not part of the goon squad — except on Sundays when the Raiders come to town… <ha,ha>

BTW, anybody calling in the ‘Ragooch’? 😉

[gandalf]

Great post, lucky. Yeah, somewhere in between #4 and #7 on our way towards deflation/low-inflation with high relative interest rates. That’s as best as I can see too — with outside chance of dollar crisis precipiated by geopolitical events.

Allan, you’re really not part of the goon squad — except on Sundays when the Raiders come to town… <ha,ha>

BTW, anybody calling in the ‘Ragooch’? 😉

[gandalf]

Great post, lucky. Yeah, somewhere in between #4 and #7 on our way towards deflation/low-inflation with high relative interest rates. That’s as best as I can see too — with outside chance of dollar crisis precipiated by geopolitical events.

Allan, you’re really not part of the goon squad — except on Sundays when the Raiders come to town… <ha,ha>

BTW, anybody calling in the ‘Ragooch’? 😉

[gandalf]

Great post, lucky. Yeah, somewhere in between #4 and #7 on our way towards deflation/low-inflation with high relative interest rates. That’s as best as I can see too — with outside chance of dollar crisis precipiated by geopolitical events.

Allan, you’re really not part of the goon squad — except on Sundays when the Raiders come to town… <ha,ha>

BTW, anybody calling in the ‘Ragooch’? 😉

[Author]

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