January 21

Sheila Bair gets nailed with her own dissembling

Category:

News & Politics

Tags:

• sheila bair
• FDIC
• banks
• insolvency

[OtakuBozu]

Karl, about that weather: Count your blessings. I'm from Michigan and there's two words you would learn to hate if you lived here: LAKE EFFECT. At least your weather is a bit more predictable than in the Great Lakes area.

[kdenninger]

I lived in Traverse City for about three years. I know all about "Lake Effect".....

[mcgin1]

I love it..

I read your stuff everyday and I must say I miss the videos. Please post more often

5 stars

[ohio1998]

Rock on Karl. I'm in Lakeland, FL. I'm warmer than you! haha!

[peteykkk]

sheila may have a penis, she is too ugly to be a woman!

[Apologeomasis]

Take the fucking wig off homie.

[7boon]

But if we enter a Great Depression like deflationary spiral, it's tough sh!t to anyone in debt.

[thirstybullet]

im sick of these lyin filthy thievin leaches !!!!!!!!

[olseabee]

WE NEED AMERICAN SOVEREIGNTY

It's the merchants,, they set up the colonies,, they came back and set up the fed banks and corporations

We need sovereignty of,

our money,, our govt,, our production,, our markets,, our land ownership,, our labor,,, OUR AMERICA

No! to globalization

[rcmtgs]

Karl...we miss you! I know everyone's busy CYA'ing but there's too much funny or criminal activity for you to blast, take poor Dirty Harry & the idiot oversight questions to the ceo's...if you really really listened though to Harry, there was prob too much truth for the american public to take, BUT only you can do it justice, please Karl set them STRAIGHT...TO JAIL.

Love your work, a recovering mtgbkr, oh...that was an honest upfront bkr that showed everyone my rate sheets & told the truth!

[davincij15]

If there 5 Trillion dollars in paper currency in 2000 and 15 trillion today. Are you saying that has no affect on the gold price?

No, perception is only on aspect of gold price right now when gold goes way over 1200 (real value against paper based on REAL inflation) it's not over priced.

Eventually Gold will be over priced like houses where, but its not today.

The stimulus is at 2.5 trillion, I think it should be 3 trillion they can print as much as they like.

Got Gold or silver?

[wildclaw2]

And houses were at what price level before its market crashed?

Gold is a speculation device as its main value isn't in any inherent usefulness, but in the ability to trade it with others. In fact, you shouldn't treat gold as a metal, but as a currency.

Gold goes up in times when other currencies are seen as unstable or risky. But you still have to keep in mind that the more the price of gold goes up, the more it can fall later on when other currencies begin to look more stable again.

[davincij15]

Don't mind me Karl I'm just having some fun...

So, gold is not the answer eh? It's only $945 from $750 when you said that. Also banks think like you do when they own 45% of all naked short contracts on gold. (that means they don't have the gold)

But hey that's not manipulative the SEC and CFTC has the peoples back.

* cough * Madoff

I am confident that the government will print up as much money is need to get the banks solvent again aren't you?

Got physical Gold?

[TheAtomicWookie]

As always.....YOU ROCK!!!!!