Central Bank Intervention Is Now Self-Defeating
While Erik Nielsen is free to provide Goldman clients with a comfortably tabulated and bullish list of last week’s events from the UK countryside, a realistic appraisal of the key events over the past 168 hours really boils down to one thing – central bank intervention.
• France debates age of retirement
• The Giant Banks, Federal Reserve and Treasury Have All Blackmailed America
• Bank of Spain seizes control of savings bank CajaSur
Euro credible but more regulation needed: Trichet
European Central Bank chief Jean-Claude Trichet insisted Saturday that the euro was a credible currency but said tighter regulation was needed of banks, markets and government policies.
• Will Trichet Let A Deflationary Depression Happen So He Can’t Be Accused Of Bailing Out Greece?
• Europeans Fear Crisis Threatens Liberal Benefits
• Max Keiser And Gerald Celente Deconstruct Financial Fraud
• Hedge funds bet big on the falling euro
• UK Moves Could Cripple Progress To Save The Euro
• U.S. Says Geithner to Discuss Europe, Economy in China Talks
Police keep secret files on 1,900 protesters
The police are keeping secret intelligence files and photographs of nearly 1,900 so-called domestic extremists, it can be revealed.
David Cameron exposed
The pudgy-faced opportunist reveals his true self. Taken from Armando Iannucci’s Time Trumpet (2006).
Shadowy Schemers Converge on Spain
As the super-secret Trilateral Commission (TC) was meeting behind locked and guarded doors at the luxurious Four Seasons resort hotel in Dublin, Ireland May 8, participants were upset to learn that awareness of their evildoings was surging in the United States.
• US State Department Says “Conspiracy Theories Exist In The Realm Of Myth”