Monday, April 11, 2011

PIMCO is short Treasuries Betting Against U.S. government debt


-------- Original Message --------
Subject: RE: PIMPco is short Treasuries
Date: Mon, 11 Apr 2011 07:32:09 -0700
From: Jas Jain <jas_jain

Date: Mon, 11 Apr 2011 07:08:07 -0700
Subject: PIMPco is short Treasuries
To: jas_jain

Jas,

It looks like Gross and El-Arian are heeding the advice of Alan Greensham.  Why anyone would listen to Greensham is beyond me - talk about a CONundrum! 

Greensham is completely delusional and clueless.  That's why he was chosen and allowed to be Fed chairman for so long.  Clueless and ideologically delusional eCONomists grease the skids for financial looting.   A checkbook money system layered on top of the duplicitous myth that falling prices are harmful make financial fraud a sure thing!
Only highly leveraged and incompetent financial institutions cannot withstand falling prices.  It's the leverage, stupid!
 

I love it. I like to bet against the Crooks. These guys have faith in their own kind--Ben Fraud Bernanke. They are convinced that Bernanke would succeed in inflating. There are morons in America who believe that what Fed wants Fed gets, i.e., if the Fed wants higher Scam Market it gets it; if the Fed wants higher inflation it gets it; and if the fed wants no depression the fed succeeds in averting depression. But for how long?! These morons have full faith in economic manipulations to lead to the results desired by the manipulators. Beware of morons among economic and financial manipulators in the forecasting business. The record of the fed and other financial manipulators is abysmal, no?

Jas


 

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