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The Victims of Benny Hinn: 30 Years of Spiritual Deception. Trump Is Planning to Send Kill Teams to Mexico to Take Out Cartel Leaders The Great Falling Away in the Church is Here | Tim Dilena How Ridiculous? Blade-Less Swiss Army Knife Debuts As Weapon Laws Tighten Jewish students beaten with sticks at University of Amsterdam Terrorists shut down Park Avenue. Police begin arresting democrats outside Met Gala. The minute the total solar eclipse appeared over US Three Types Of People To Mark And Avoid In The Church Today Are The 4 Horsemen Of The Apocalypse About To Appear? France sends combat troops to Ukraine battlefront Facts you may not have heard about Muslims in England. George Washington University raises the Hamas flag. American Flag has been removed. Alabama students chant Take A Shower to the Hamas terrorists on campus. In Day of the Lord, 24 Church Elders with Crowns Join Jesus in His Throne In Day of the Lord, 24 Church Elders with Crowns Join Jesus in His Throne Deadly Saltwater and Deadly Fresh Water to Increase Deadly Cancers to soon Become Thing of the Past? Plague of deadly New Diseases Continues [FULL VIDEO] Police release bodycam footage of Monroe County District Attorney Sandra Doorley traffi Police clash with pro-Palestine protesters on Ohio State University campus Joe Rogan Experience #2138 - Tucker Carlson Police Dispersing Student Protesters at USC - Breaking News Coverage (College Protests) What Passover Means For The New Testament Believer Are We Closer Than Ever To The Next Pandemic? War in Ukraine Turns on Russia what happened during total solar eclipse Israel Attacks Iran, Report Says - LIVE Breaking News Coverage Earth is Scorched with Heat Antiwar Activists Chant ‘Death to America’ at Event Featuring Chicago Alderman Vibe Shift A stream that makes the pleasant Rain sound. Older Men - Keep One Foot In The Dark Ages When You Really Want to Meet the Diversity Requirements CERN to test world's most powerful particle accelerator during April's solar eclipse Utopian Visionaries Who Won’t Leave People Alone No - no - no Ain'T going To get away with iT Pete Buttplug's Butt Plugger Trying to Turn Kids into Faggots Mark Levin: I'm sick and tired of these attacks Questioning the Big Bang James Webb Data Contradicts the Big Bang Pssst! Don't tell the creationists, but scientists don't have a clue how life began A fine romance: how humans and chimps just couldn't let go Early humans had sex with chimps O’Keefe dons bulletproof vest to extract undercover journalist from NGO camp. Biblical Contradictions (Alleged) Catholic Church Praising Lucifer Raising the Knife One Of The HARDEST Videos I Had To Make.. Houthi rebels' attack severely damages a Belize-flagged ship in key strait leading to the Red Sea (British Ship) Status: Not Logged In; Sign In Business See other Business Articles Title: FOMC Minutes: Idiots On Display (Save Three) Source: [None] URL Source: http://market-ticker.org/ Published: Aug 30, 2011 Author: Karl Denninger Post Date: 2011-08-30 18:33:12 by Capitalist Eric Keywords: None Views: 212 Nuts. Simply nuts. The information reviewed at the August 9 meeting indicated that the pace of the economic recovery remained slow in recent months and that labor market conditions continued to be weak. In addition, revised data for 2008 through 2010 from the Bureau of Economic analysis indicated that the recent recession was deeper than previously thought and that the level of real gross domestic product (GDP) had not yet attained its pre-recession peak by the second quarter of 2011. Translation: Nothing we did was effective. Over the intermeeting period, U.S. financial markets were strongly influenced by developments regarding the fiscal situations in the United States and in Europe and by generally weaker-than-expected readings on economic activity. Throughout the period, waxing and waning concerns about the sovereign debt of peripheral euro-area countries appeared to have an effect on investor appetite for risk, leading to volatility in many asset markets. Late in the period, investor focus appeared to turn to the U.S. debt ceiling and the potential for delayed debt service payments by the Treasury Department, the possibility of a downgrade of U.S. sovereign debt, and the prospects for significant long-term fiscal consolidation. Liquidity and funding in money markets deteriorated in the last week of July, and interest rates on a number of short-term funding instruments increased markedly. The strains in these markets eased after legislation to raise the debt ceiling and to cut the federal budget deficit was signed into law on August 2. U.S. equity prices fell considerably in the last week of July and the first week of August, reportedly reflecting recent weaker-than-expected economic data releases, and they declined further after the August 5 announcement by Standard & Poor’s of its downgrade of long-term U.S. sovereign debt. Fancy that. The drunk is a poor automobile insurance risk and he becomes a really bad one after he guzzles another bottle of whiskey! Conditions in consumer credit markets generally continued to improve. Total consumer credit expanded at a moderate rate in May as both nonrevolving and revolving credit posted gains. I heard a rumor that the CME is planning to list boiled rope futures for the time when our youth figure out what's been done to them with college loans. Reports from business contacts suggested that depressed business confidence as well as uncertainty regarding the economic outlook, regulatory policy, and fiscal policy continued to restrain hiring and also capital investment. No, really? I will repeat: I'm not starting a new business until the crap - including the FOMC's zero interest garbage that has destroyed capital formation - ends. You want me to take risk? Fine; I'll do it only in places where I can be "out" in seconds. I won't set up a business and employ people. And you, Bernanke and the rest of the FOMC, are directly responsible for this. "Creative Destruction" would have normally led me to open a new company by now. But the FOMC stopped that and by doing so it has destroyed not only capital formation but has also eviscerated the desire of myself and others to take long-dated risk - and starting a business is inherently such an endeavor. Go ahead and read the rest if you want. There are enough worms in there for whatever position on QE3 you'd like to take, and square well with Evans' view that "The FOMC is not responsible for commodity inflation" - while gold spiked $40 literally as he said that this morning on CNBS. Yeah, whatever. Every time that clown opens his mouth I am reminded why I have for more than a decade, and will continue to, maintain a blacklist of so-called "higher educational institutions" from which I will instantly bin resumes, should I ever decide to again open a company that employs people. Post Comment   Private Reply   Ignore Thread

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