Malcolm Robinson

Not being a fan of QE Mk1 or Mk2, in reality the way it was used but that’s another story, let’s look at what has happened since the MK2 variety has been opened up. The reason we were told why QE2 was needed was to keep long term interest rates down. A continual reference in these posts has been the fact that the real financial story can seen in our 10 year bench rate. Before QE2 our 10yr rate was 2.36% and the 30yr rate 2.39% since the presses have been turned on again this week the rates are now 2.58% for the 10yr and 3.5% for the 30yr! Or exactly the opposite of what was supposed to happen. The same thing has happened in the States with their operation Twist. It takes a particular sort of mindless idiots to repeatedly hit themselves in the eye when trying to hit a nail into a block of wood, unless blindness was the real intent! If we believe our political class then they are wrong and their policies are wrong too! If we keep going down the present path we must end up in a depression and these halfwits are acting like King Canute. I would rather go down fighting than suffer death by a thousand cuts but with the intelligence on display at all national levels that’s all that’s on offer!

I could say that if you partook in a little training............ I will put a bet down you didn't click 'add pic to post' at the righthand side of the page?

Keith, The short courses are really just to give an understanding of the basics but even people who are adept at using computers and the web have found them useful. No computer speak and you get to go at your own speed so no hassles. PM me and let’s get you booked in!!!!

It’s already here in reality, try posting stuff on certain sites which can be construed as critical of the owner or sponsor…………. Don’t really mind the porn filter can we have the same with pop ups!

I have a seat ready and waiting for you Keith!

Whats wrong with fish n chips oot the paper Brian? You can even stand undercover in the subway eating them!

Slovakia's parliament has said no to an expansion of the 440-billion-euro bailout fund so what happens now, they will probably have another vote once arms have been twisted up backs! Their PM made it a vote of confidence so effectively she is now unseated and there should be a national election. Trichet must be spitting feathers, Sarko must be weak at the knees wondering how he can get the rest of the Eurozone to bailout French banks and Merkel probably has the presses primed for issuing a new Deutsche Mark! I would think the ‘worst’ bank in the Eurozone must be the ECB considering all the worthless paper it has accepted now! Course the way its accounting works everything is assessed at full repaid value, even the Greek stuff?????? All this uncertainly and the bourses are going up, looks like a sucker play to me with the big boys trying to draw in the small guys so they can liquidate their positions.

Anyone need a bit of help with computer and online basics? Take a look at the News page.

Congratulations,

http://uk.news.yahoo...-110322832.html

Flipping heck, I never noticed..........sorry!

Any budding journalists out there............. http://www.linkedin....=3hCubZh0kFh4Y1

!

Its a start and if it gets people looking a bit closer at how the financials are stacked up so much the better.

I think they are targetting the wrong stuff. We need bold and systemic change not a reliance on past failed policies. Hasn't JCT held his hands up and admitted its the Fed who are lenders of last resort for the Euro?

Reform bank tax! http://www.robinhood...en/public/7120/

Seems we are still in la La Land with the recent £75B of new Quantative Easing agreed by the BoE. Whilst the Government are telling people to take their personal debt seriously, if not pay it down, the BoE has just signed up to a new credit card with a £75B limit! Talk about hypocritical! The markets have shot up even though all the evidence points to a flat recovery at best and considering all the problems across the water in every direction the correction will be harsher when it comes. The lunatics really are running the asylum!

I have done them as a PDF this time. Web version Forum minutes 6th Sept 2011 V2.pdf

Happy Birthday GGGG, when do we get a share of the cake?

How about a beer Wed or Thur evening Brian?

Don't think Brian meant this sort of tall redhead foxy!

Next years pin up calendar boys..............

Money whats that.......you get your reward in the next life!

Seconded!!!!!!!