The Dollars Abyss - It's a SHAM WOW

[Aman A.K.A. Ahamburger]

Again just ignore the facts sorry I'll fix the grammar. Care to address why China actually increase their Treasuries by 30% Even though, It has been said by Decoy, that China was in fact dumping Treasuries!!

[Aman A.K.A. Ahamburger]

That's what I thought decoy. I can't wait to see how the death to America crowd will try and sell the story tomorrow.

Oh wait... hey decoy. Egypt has halted exports of gold. Their currency is still being traded. So lets compare the Egyptians Pound and the situation there to what is going on in American and link it all together so that we can say these exact same things will happen here, even though the circumstances are entirely different.

[decoy409]

WASHINGTON (AP) -- China, the biggest buyer of U.S. Treasury securities, reduced its holdings in December for the second straight month.

China's holdings of Treasury debt dropped 0.4 percent to $892 billion, the Treasury Department said Tuesday. The declines follow four months of increases. China's ownership of U.S. government debt is slightly below the $895 billion it held a year ago.

Overall, foreign holdings of Treasury securities rose 0.6 percent $4.37 trillion. Britain and Japan ramped up their purchases of U.S. government debt in December. That suggests overseas governments and private investors are still willing to buy U.S. government debt.

The U.S. government is selling huge amounts of debt to finance record-high deficits. This year's deficit is forecast to reach $1.65 trillion this year, the highest ever. Last year the government posted a $1.3 trillion deficit.

Overseas demand for Treasurys helps lower the interest rate the U.S. government pays on its debt. If the United States had to finance its debt through U.S. investors alone, the government would have to pay higher rates. American companies and consumers would also pay higher rates.

Japan, the second-largest buyer of U.S. Treasurys, boosted its holdings 0.7 percent to $883.6 billion.

Britain, the third-largest, strongly increased its holdings 5.8 percent to $541.3 billion. Britain has tripled its holdings of U.S. Treasury securities in the past year.

About two-thirds of the U.S. Treasurys owned overseas are held by foreign governments and central banks. Governments cut their investments in Treasurys in December, while private foreign investors bought more.

President Barack Obama proposed a budget Monday that seeks to cut the deficit to $1.1 trillion next year and to $627 billion by 2017. Obama's budget seeks to trim $1.1 trillion from the deficit over the next ten years, with two-thirds of it from spending cuts and the rest from tax increases.

Voter unease over high deficits helped Republicans win a majority in the U.S. House and gain seats in the Senate. GOP leaders are calling for steeper cuts in spending.

(in turn),

The problem at the Fed is that long rates are driving higher – responding to the overall loss of confidence in the US government bond market – posing a risk to the balance sheet of the Fed – precipitating the need to launch QE3 to buy back lots of bonds and keep those rates low (the US is now the biggest buyer of US bonds, pulling ahead of China recently). So why not just reverse course and start raising rates? Why not just do a Volcker, take the hit, and rebuild? Once swallowed, these low interest rates are not easily coughed back up. Contrary to Ben’s claim on “60 Minutes” recently, he can’t just gradually reverse course, start raising rates, and start recalibrating the economy in 15 minutes. No. The clue is in the debt needed to fund $1 of GDP that has gone from a – 1:1 ratio to a close to a 6:1 ratio – during the past two decades; i.e., the amount of debt that has been created is geometrically (astronomically) higher than the recent, simple, linear move down in rates would suggest. And there is no way this thing is coming out the way it went in. The only way forward is hyperinflation.

The Centeral Banks have spoken and will announce this week which direction the rates go. The Central Banks have repeatidly discussed and have shown utmost concern on severe inflation throughout the world due to.

Now we wait and see. The move for the buyback has been suggested to occur sometime around the end of March.

[comokate]

Mar 1, 2011 1:27:29 GMT -5 Aman A.K.A. Ahamburger said:

Again just ignore the facts sorry I'll fix the grammar. Care to address why China actually increase their Treasuries by 30% Even though, It has been said by Decoy, that China was in fact dumping Treasuries!!

No Decoy, you got it wrong. It's China *and* Russia.

China and Russia sell US Treasuries
seekingalpha.com/article/255210-global-credit-warfare-china-preparing-for-a-treasury-bond-sell-off

China and Russia sell US Treasuries
www.stockhouse.com/Blogs/ViewDetailedPost.aspx?p=113362



China reduces its US Treasury holdings for second month
A bank teller counting stacks of US dollars and Chinese Yuan notes The dollar has weakened significantly, making US assets less attractive for investors

China has reduced its holding of US Treasury bills for a second consecutive month, figures show.

www.bbc.co.uk/news/business-12476920

seekingalpha.com/article/255210-global-credit-warfare-china-preparing-for-a-treasury-bond-sell-off

[Aman A.K.A. Ahamburger]

Oh I get it, the short term thing. Well this is what the picture really looks like.

Is The Chinese Government Secretly Buying U.S. Treasuries Through The UK?:
www.businessinsider.com/is-china-secretly-buying-us-treasuries-through-the-uk-2011-1

China's holdings of US debt jump 30 percent:
abcnews.go.com/Business/wireStory?id=13022055

[decoy409]

Hi Kate, not like it's a big secret and I gave a formal reply as well. So ahamburger, it will be fun to watch them sell the news to the american people as to how great things have become. While 9 out of 10 back here at home have no idea what is going on.

[decoy409]

ahamburger, the dailyfinance link shows this'

We're Sorry. The page you requested was not found

[Aman A.K.A. Ahamburger]

Check it again I realized I coped from earlier. Since you just ignored it. It didn't carry!

[decoy409]

Yes I ran the other link and read it.

As we follow along here it certainly does appear by the latest (Kate beat me to it) that indeed with all the talk from all angles that ben is going to proceed.

Kate provided,

Feb.27,2011 'Global Credit Warfare': China Preparing for a Treasury Bond Sell-Off?
seekingalpha.com/article/255210-global-credit-warfare-china-preparing-for-a-treasury-bond-sell-off

One thing is for certain ahamburger. That is, we will soon find out.

Have a good evening!

[bimetalaupt]

The Dollar decline in the 1930 making American products the dominate products in the market.. Europe replayed with very high tariffs.. blamed the USA ( Smoot Holley ) and bought our goods cheap. Just look at the export numbers.. We are doing it again.. The North is not recovering due to Union wages but just look at the south!!!

[decoy409]

Hardly matters this time around Bruce as the super manufacturer we were then is no more. The whole country from Teachers to Airline Pilots to Milwaukee garbage men at $100,000.00 a year have helped to run the place from state to state to the edge of the cliff. Promises made should never have been.
When others say, you will see. We will be back to that (manufacturing here at home and it will save the day), I don't think they actually take into account that things from those earlier periods of time have been wiped out here by Free Trade.
First things first would need to be seriously overhauled. Can't do that with out a serious wage reconstruction to keep time with places outside the states.
And we all should all be able to realize what that would take in order to be accomplished.
So for now it's dam if you do, and dam if you don't.

[decoy409]

Why look, the debt driven fiat note has found even a FURTHER LOW. How low can it go? Well as low as it wants as we are working for reform in this house.

Quote: WORLD FOREX: Dollar Fails To Gain Vs Yen Despite Bernanke Remarks
www.marketwatch.com/story/world-forex-dollar-fails-to-gain-vs-yen-despite-bernanke-remarks-2011-03-02

But don't lose any sleep over it. As they will be pumping the hell out of that Euro and try to show some ground details for the debt notes flight.

Quote: Dollar Gains Versus Higher-Yielding Peers as Asian Stocks Drop
www.businessweek.com/news/2011-03-02/dollar-gains-versus-higher-yielding-peers-as-asian-stocks-drop.html

The Beatles, 'Come on Baby Now, Twist and Shout'

[decoy409]

Yes, playing with money is a fancy thing. Especially when it is not yours to start with. Then when the S^*&! hits the fan, why you have to scurry this way and that way to cover the trail as you certainly don't want to cover your loss from your Uncle Scrooge pit that you aquired from others to pay those back you have made your pit from.
This should be more than funny to watch! Cartoon intermission time is coming up!

[Aman A.K.A. Ahamburger]

What I'm hoping to see is foreign imports becoming so expensive that we can begin to compete and pull industry back home again. If wage increases and transportation increases continue I think you will see that. Countries we depended on for cheap goods, China, Vietnam, areas of asia are now being hit by such inflation they are demanding and getting higher wages. Lets hope this continues in those countries, so then rather then drag us down to their level hopefully we can pull them up which will help us.

I think your getting your wish right now.. The evidence is in a bunch of pissed off educated kids that are calling for our way of life, and a higher standard of living. I know it's scary to think but these kids are looking at it like:
"I will either get my way or die. I refuse to live like my parents did. I want live like my friends in NA!"

You are awesome Pat!! Keep posting!

[decoy409]

Ahamburger, Pat does have quite the thought there. But it would take a full blown Revolution (quite ugly) to accomplish such. Due to modern technology and others that have been avid in inventing such to quell such a disaster for them, I don't see it happening.
None the less, Pat that is some good thoughts.

[Aman A.K.A. Ahamburger]

Decoy, you need to pay attention. Your smart, however, just like I said in my FIRST post to you. You are interpreting the facts wrong. The youth of the rest of the world wants want WE have (FREEDOM). Best way to sum it up for you.. It's on like DONKEY KONG!!!!!!!!

[decoy409]

Best way to sum it up is that the Elite are not going to give up the top of the hill. I discussed this sometime back, 'How Far Up The Hill Do You Live'

Now I don't know about Donkey Kong or other video games as I don't go there. But I know about Casinos. And I know that the Casino here is not going to lose and give up the top of the hill. And I do know that 'Free' credits wil not continue to be disperssed by the Casino for the players.

And the fiat debt note tried to raise itself moments back but failed again! Cha! Cha! Cha!

[midwesterner (banned)]

Mar 2, 2011 13:00:44 GMT -5 decoy409 said:

Best way to sum it up is that the Elite are not going to give up the top of the hill. I discussed this sometime back, 'How Far Up The Hill Do You Live'

Now I don't know about Donkey Kong or other video games as I don't go there. But I know about Casinos. And I know that the Casino here is not going to lose and give up the top of the hill. And I do know that 'Free' credits wil not continue to be disperssed by the Casino for the players.

And the fiat debt note tried to raise itself moments back but failed again! Cha! Cha! Cha!

Bingo

[Aman A.K.A. Ahamburger]

You don't understand that they don't have to!!! That is why our system is working, and people who have been brought up under different ideals are fighting for it.. The greedy assholes can sit at the top all they want. If we all get to have a little bit. What more do you need? If you think you can't succeed in our world because the "elites" hold you down. Look at 2PAC, a rapper who was born in the back of a Buick to a crack addict mom! Or watch the pursuit of happiness, a true story. Or look at anyone of the rags to riches stories that are found in one place, that is Western Capitalism!!!

Go on believe the Death to America clan if you want, I look at what their people are saying!! We can fix our system, because WE have the POWER!!!! All of the Western world is made up of consumer spending. They need us more than we need them!!! Just like CHINA!!!!

[decoy409]

Nothing changes until the entire system changes. Oral Law is what is running the show. Not you and not me. ORAL LAW.

And as these times progress, most certainly peole will understand the hill and the casino theory along with 3 games being played at once.

You and I although difficult,I truly believe Ahamburger that you and I have finally started debating things without insult to one another. And Ahamburger, I think that is TRULY GREAT!

[decoy409]

Look at that duck blind! My that is a nice one.

[decoy409]

The new low station to tune into looks to be 76.5. Hear it is being given a trial run after hours.

[Aman A.K.A. Ahamburger]

Decoy the only reason that you are debating with me now is because you have been so very wrong. You have tried to force me off your threads since day one. The change is in your attitude.. And your wrong about what laws govern us. It's called the law of nature!!!! It has, does, and will always!
To put it in the words of one of my favorite Canadians. It's the best there is, the best there was, and the best there ever will be!!

[decoy409]

Ahamburger, go have another.

I tried to be civil with you and if you want to come back with useless gibber as you have above, so be it. Thank you for clarifying your position as now I do not need to further colaborate with your one sided view of things.

Continue on with your donkey kong theory. That works out great with kids.

[Aman A.K.A. Ahamburger]

I know you don't you think you need anyone else input.. That's the big difference between us. I luv the information from others! I'm like that robot from the movie Short Circuit.. "MORE INPUT"

The kids are changing the real world not your imaginary one.. My generation is rioting in the ME and about to start in Asia . I live in the world where MY generation has made the cover of the current issue of time for changing!!!!

Our system is changing as well.. Maybe you didn't hear about another GS insider going down? Or how about entitlements drying up?

Whatever, I'll go have another one though. Thanks for the great advice.

[decoy409]

And thank you for clarifying as to HOW WRONG I am. As these calls I made far in advance,

OIL - Up!

Natural Gas - Up!

Gold - Up!

Silver - Up!

Food Shortages - Up!

World Protests - Up!

Wall Street Pumped at TAXPAYERS EXPENSE - Up! $12 TRILLION in the past 3 years

Dollar Down- As shown and discussed, DOWN!

Unemployed - Up!

Nothing has changed but grown worse amongst a civilization based on structure for equality for all.

And top it off with a BIG cherry, the shifting and eliminating in which grows faster and faster to two classe left, Rich and the Poor. See ya Middle Class!

[Aman A.K.A. Ahamburger]

LOL... Okay decoy.. We all know the truth. We have all been reading. Have fun telling anyone who doesn't follow you to go somewhere else!

Look out everyone, Nebriu is about to crash into earth!!! LOL

Protesters in Iran Clash With Police:
online.wsj.com/article/SB10001424052748704506004576174254108776140.html

A poster of Supreme Leader Ayatollah Ali Khamenei with the words "Say your goodbye, dictator" was hung over a main highway in Tehran, pictures and videos posted on YouTube and other websites showed. In Tehran's Sadeghiyeh Square, a large banner showing Mr. Khamenei was pulled down and set on fire, witnesses reported.

China launches propaganda campaign: <----- You should get lots of useful info from that Decoy
www.moneycontrol.com/news/world-news/china-launches-propaganda-campaign_526559.html

China launched an all-out propaganda offensive on Sunday as the ruling communist party sought to drown out online calls for a democracy movement in the country.

State media blanketed the nation via the internet, television and radio on Sunday morning with two hours of remarks by Wen Jiabao, the premier, in response to questions posted by internet users.

[decoy409]

Yes I know, you don't like the news and your counterpart does not like the news as well.
But you know something?

TO BAD!

[Aman A.K.A. Ahamburger]

LOL!!!

[decoy409]

I know salesman when I see them! What can I say. I have had a pleasure dealing with salesman throughout the past. The pitch lines are always the same.