Daily Archives: 17/01/2012

Kill, Kill, Kill, Kill, Kill the Poor: The EU Decides to Sue Hungary

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by John Galt January 17, 2012 19:50 ET For my generation, the Dead Kennedys were the ultimate rebel punk band, spitting on the establishment and dismissing the elitists of the day as warmongering scum. Thus when I saw the headline and story from Xinhua tonight, the song seemed oh so perfect as the European banksters have elected to roll a bum and beat the hell of a destitute like a group of meth head teenagers bored on a Saturday night in any American city.  …

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1.17 U.S. Market Preview: Gadzooks its the PBOC Bazooka

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by John Galt January 17, 2012 05:20 ET The ChiComs broke out the heavy weaponry but then again, didn’t yours truly say they could do this? Yes, I did and reports are that China injected $30 billion into their equity and financial markets to insure that the selling would be stemmed regardless of the economic figures manufactured by the government. The one consistent result when governments monetize debt like the EU and Federal Reserve and interfere in the natural direction markets wish to go is…

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