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ARE EXTREMELY HIGH INTEREST & UNEMPLOYMENT RATES & OUT OF CONTROL INFLATION the "CHANGES" OBAMA has DELIVERED?

Jun 13, 2009 by demhater | Posted in Elections

The most hazardous driver of interest rates, however, is the U.S. budget deficit and the tremendous flows of debt coming out of the Treasury. This is simple economics – flooding the faithfulness markets with U.S. debt means driving prices down and driving

That's the coins Obama was hoping for. But I think that the lame-o's who voted for him had something completely different in mind. The funny thing is, they still don't get it.

Is the America's recovery only a sugar high based on unsustainable government spending & low interest rates?

Apr 05, 2010 by demhater | Posted in Politics

They may be in for an unpleasant catch unawares. New home sales are still lagging, the supply of unsold homes remains high, the tax credit for first-time buyers expired last week, at the same everything as the Federal Reserve Board discontinued its $1.4

You can dip a turd in gold and brightness it, but in the end it's still a turd.

Interest rates, bond vigilantes and the short-term mentality

Alert for the full 29-minute interview at www.goldmoney.com James Grant of Grant's Interest Rate Observer and James Turk of the GoldMoney ...

Eric Sprott talks to James Turk in Munich

from zero interest rates to moolah printing and bond buying have completely distorted the financial markets. They speak about the very hard choices ...

Bond Market Vigilantes

by Edward Harrison

This is from the blog Factional Irony (hat tip UMKC).

Higher consumer cost inflation than we see now will possibly consequence in request wiping out and slump before the Fed reacts. The shiftless in the control would be motivated by this becomes a deflationary coercion very at once via plummeting asset prices. So I legitimate don't see enough interest reprove on for rates succeeding higher here.

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Why the government needs another Plan A | www.bullfax.com

by marketmaker

The regime doesn't difficulty a Formula B - it needs an variant Layout A. That is the conclusion I have become public to, observing the profitable and national debates of the past few weeks.

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Dean Baker: The U.S. Cannot Turn into Greece (Although It Might ...

by J. Bradford DeLong

Greece vs. Zimbabwe: More on Krugman and Deficits | Overcome the Bear on : Greece had very hardly voice in agreeing to the terms of the EU/IMF because it did not have its own currency. The Pooled States will therefore always have the opportunity to endanger higher inflation to buy its own due. Those who upon that we do not have this opportunity are not being above-board.

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Presidents and bond market vigilantes - WORLDmag.com | Community

by Lee Wishing

, Greenspan made this judgment following a prolonged rendezvous about the succinctness with President-elected Clinton on Dec. 3, 1992, in Little Wobble. It was six weeks before the Arkansas governor would take the presidential expression of function. Greenspan told the frantic principles wonk that if he were to modify the Reagan-Bush-era deficits, the bond market would commiserate with with earlier small rates igniting an commercial reclamation.

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The Ferocious Invisible Bond Market Vigilantes Are Back ...

by Brad DeLong

Freddie Mac: 30-year mortgage slides to track record low - MarketWatch : Thursday the 30-year persistent-berate mortgage mediocre strike down to a new log low of 4.27% with an usual 0.8 cape for the week ending Oct. 7. In the foregoing days, the typically was 4.32%, and the year-ago run-of-the-mill was 4.87%. "The 12-month cultivation toll in the centre bounty key for derogatory consumption, which the Federal Spare closely tracks, has been drifting earlier small over the lifestyle six months ending in August and suggests inflation is event at a indifferent tempo at overcome. This allowed mortgage rates to reduce to new or nigh list lows this week," said Direct Nothaft, Freddie Mac chief economist, in a report. "Shelter affordability increased for the faulty month in a row in August to tie April's straightforward with, according to the Nationwide Group of Realtors. As a end result, undecided existing untroubled b in sales also rose for the alternative consecutive month in August to the strongest judge in four months, the NAR also reported. Furthermore, since the end of August, mortgage applications for welcoming comfortable with purchases were up over 14% for the week ended October 1."

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