The video store

This video was also a link in Dr. Berninger's latest commentary.

http://www.cnbc.com/id/15840232?video=1472741867&play=1

Well here we are ((or as nearly so as don't matter)) many months later after we all discussed this Commercial thingy sometime last year. I would note that the DOW and other sectors are roaring North now closing and holding above 11k ((as of this week anyway)) with lots of Optimistic Rhetoric for the future hanging off every hook and falling out of the mouths of nearly every Talking Head...

Media Urgency about Greece and other related global issues seem to be receding before the flood of Green ink on various Reports and Releases...

"Receding" is what the water does right before the tsunami comes in.

I'd be watching for exit strategies being implemented at these elevated numbers. And does anyone else think one of the benefits of the most recent ((end of 2009)) runup in the Eur/Usd was to offer a better entry for USD long positions prior to a return of serious and prolonged Risk Aversion a'rd now?

Thanks for the nod earlier Jay, but I'd much rather be Wrong about all this than Right. Unlike my present (US) government, I disagree that indenturing my kids and grandkids to mountains of debt (meaning someone else owns their destiny and future) is a Good Idea.

Enjoy your time in Japan my friend,,, mrs ak and I will be in Maui with one or both of our sons from mid May to sometime in June. Welll.... that's the plan anyway.

He said he knows where I can get a job driving the cart that picks up the golf balls at the driving range....



BTW... what a Great Asset this thread is. And we all know it takes a Great Ass to know a Great Asset...

Thanks for the commentary Ak. Video or no video, you're welcome to say your piece here any time.

We both hope to be wrong on this. But if it walks like a duck, quacks like a duck...

Former U.S. Securities and Exchange Commission Chairman David Ruder talks with Bloomberg's Julie Hyman about the Securities and Exchange Commission's fraud lawsuit against Goldman Sachs Group Inc. Ruder also discusses the outlook for next week's testimony by Goldman Sachs banker Fabrice Tourre before a Senate panel. Tourre was accused by regulators of misleading investors in a collateralized debt obligation.

Water is receding alright.

U.S. IPO Market Catching Up With China, Beating Brazil

David George, an analyst at Robert W. Baird & Co., talks with Bloomberg's Betty Liu about Wells Fargo & Co.'s first-quarter net income reported today, its fifth straight quarterly profit. The biggest U.S. home lender said net income fell 16 percent to $2.55 billion, or 45 cents a share, compared with $3.05 billion, or 56 cents a share, a year earlier.

Dodd Discusses Financial Regulatory Overhaul Legislation

Ron Paul on Fox Business 04/20/10

I'm a little teapot, short and stout

Here is my handle



Here is my spout

Jim Rogers- Next Recession Will Be Much Worse- April 2010

http://www.youtube.com/watch#!v=X7ln...os=bGI8s9k-frc

Freedom Watch - Suspicious Timing of Financial Reform Bill - 04/20/10

Volcano Hysteria: OVER-reaction to ash cloud?

The financially stricken Greek government is beginning talks with the EU and the International Monetary Fund about a possible bailout. Greece has found borrowing from banks too costly recently and is struggling to refinance old debts. Let's get some analysis with economist and author William Engdahl.

The Schiff Report, April 21st, 2010.

Financial Regulation

Interview with VisionVictory from NIA.

Financial problems continue to pile up for the Greek government with the latest being the cost of their borrowing rising above eight per cent.

The government has enforced some austerity measures to satisfy the bankers and the International Monetary Fund, but workers don't like the tough measures being taken to reduce the country's huge debt.

Dean Baker, co-director of the Center for Economic and Policy Research, talks with Bloomberg's Matt Miller and Carol Massar about the outlook for legislation overhauling U.S. financial regulation. Democrats and Republicans are continuing negotiations over the measure, including whether to drop a $50 billion industry-supported fund the government would use to break apart failed systemically important firms.

Howard Atkins, chief financial officer of Wells Fargo & Co., talks with Bloomberg's Carol Massar about legislation under consideration in Congress to overhaul U.S. financial regulation.

Frank Holmes, chief executive officer of U.S. Global Investors Inc., talks with Bloomberg's Pimm Fox about the outlook for energy prices.

The long and short of it (pun intended) is that oil is to go up.

How China runs it's own country is their own business. The IMF should stay out.

Bloomberg's Zeb Eckert reports on the International Monetary Fund's calls for China to let the yuan gain. "Currencies of a number of emerging Asian economies remain undervalued, substantially in the case of the renminbi," the IMF said in its semiannual World Economic Outlook report. Renminbi is a name for Chinas currency, a denomination of which is the yuan. Bloomberg's Rishaad Salamat also speaks.