The Mass Strike Revolt is On ~ The Risk Averse Alert

Friday, November 20, 2009

The Mass Strike Revolt is On


Building on the report showing Bill Gross sweating blood in his garden of Gethsemane, everything tonight centers on the other bombshell yesterday to explode in the face of those whose little game, called, "Let's Pretend We're Not Bankrupt," is being thrown into disarray...

JEC HEARING: Financial Regulatory Reform: Protecting Taxpayers and the Economy

First, this man Geithner isn't qualified to be secretary of a bowling league, let alone Secretary of Treasury. Would someone please look back at this man's academic record and discover whether he even took American history? What a hack.

Alright, the gloves are off...

Mr. Secretary! I found the one measure showing confidence in the financial system is not now greater than when President Earth, Wind and Fire took office...


$IRX

They say a picture is worth a thousand words. Well, then, how many more a sound!

Apparently, Mr. Secretary, there simply is neither the time nor the will to wait for the economy to regain stable footing. So, assessing the value of your honor serving this President, sir, Forrest Gump probably says it best.

But seriously, CNBC's Rick Santelli likely nailed the truth of the mad dash to safety in closing remarks made in this brief report broadcast yesterday...




Ah, yes, confidence. Confidence... the longhand version of "con." Looks like Lincoln saw it coming. You cannot fool all of the people all of the time. And now, the people are fit to be tied...




You GO Tea Party Man! We DO want to know where the money has gone! Particularly if to foreign accounts most emphatically located in the City of London. Some of us find it odd that, it was from there the office of AIG Financial Products saddled the company with Credit Default Swap liabilities for which the U.S. taxpayer subsequently was swindled and made to honor at 100 cents on the dollar. It is on this note, too, I should say, better Secretary Gates addressing the Congress on matters surrounding AIG's bankruptcy than Secretary Geithner.

Read into that what you will, but realize just one thing. There is a great rage sweeping across the country. That it is building to near uncontrollable proportions is poignantly evidenced by the treatment Secretary Geithner received yesterday in hearings that, typically are collegial. Representatives are feeling the heat. This is only bound to grow much hotter now that the Senate is foolishly taking up the health care "reform" debate. This week's mammogram report has but stirred the embers of mass discontent and fanned the flames of the nation's rage. What is Senate Majority Leader Harry Reid thinking pushing this "reform" debate forward?

Plainly, he is not thinking. Nor is the President. This, however, does not prevent us...

This media ... this disgusting Tory media indistinguishable from the BBC ... why didn't they bury that mammogram story? A very pointed question, indeed, because in times past that story never would have seen the light of day.

Was it possibly meant to feed popular rage directed against both Washington and Wall Street?

Aha! Judging by the rush into short-term Treasuries, then, some apparently fear a rendezvous with chaos is pending...




Fast Money
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