Hilsenrath Responds

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home contributors store glossary archive rss donate Systemic Corruption Has Destroyed America Posted by : George Washington Post date: 06/03/2015 11:53 There's Always Been Some Corruption in the U.S. ... But Never Like THIS More and More Countries Join the War on Cash... Posted by: Phoenix Capital... Post date: 06/03/2015 12:38 In the last 24 months, Canada, Cyprus, New Zealand, the US, the UK, and now Germany have all implemented legislation that would allow them to first FREEZE and then SEIZE bank assets during the next... Roaring Interest Rates Posted by: Tim Knight from... Post date: 06/03/2015 13:25 There is no nuance to what I'm going to say: interest rates are pushing higher, and this is going to be a millstone around the neck of the world economy. Tweet Tweet Tweet A Member Of The Middle Class Responds To Jon Hilsenrath Submitted by Tyler Durden on 06/03/2015 16:27 Dear Mr Hilsenrath and your Central Bank Team, This is Joe from the disappearing Middle Class in America. You asked me the other day to drop you a note if I felt that something was wrong. What I’m having trouble with is “why” you’re asking me if anything is wrong!? So let me explain. COMMENTS: 113 READS: 33,409 FBI Uses Surveillance "Air Force" To Monitor US Citizens, AP Finds Submitted by Tyler Durden on 06/03/2015 18:30 The revelation that the FBI assisted the Baltimore Police Department in monitoring April's violent protests prompted a wider investigation by The Associated Press. "The FBI is operating a small air force with scores of low flying planes across the country carrying video and, at times, cellphone surveillance technology — all hidden behind fictitious companies that are fronts for the government," AP reports. READS: 147 A Much Bigger Threat Than Our National Debt Submitted by Tyler Durden on 06/03/2015 18:00 "...the 'Ice Age' of low rates and low growth for a long time – as predicted by many analysts and economists – won’t happen. Instead, a crisis will cause a crash on Wall Street. The banks will go broke. The credit system will seize up. People will line up at ATMs to get cash and the cash will quickly run out. This will provoke the authorities to go full central bank retard. They will flood the system with “money” of all sorts. The ice will melt into a tidal wave of hyperinflation." User login Username: * Password: * Create new account Request new password Log in Zero Hedge Reads Acting Man AltMarket Bearish News Boom Bust Blog Capitalist Exploits China Financial Markets Chris Martenson's Blog Contrary Investor Credit Writedowns Daneric's Elliott Waves DealBook Demonocracy Dr. Housing Bubble ETF Daily News ETF Digest First Rebuttal ForexLive Gains Pains & Capital Global Economic Analysis Hedge Accordingly ImplodeExplode Investing Contrarian Jesse's Cafe Americain Liberty Blitzkrieg Market Folly Market Montage Max Keiser Minyanville Mises Institute Naked Capitalism Of Two Minds Oil Price Rebooting Capitalism Shanky's Tech Blog Slope of Hope StealthFlation Stratfor TF Metals Report The Burning Platform The Daily Crux Search RanSquawk News The Fly Benzinga Pro New Comments Today's Top Stories Audio Commentary From RanSquawk: 0603 18:00: Analysts at Westpac says their base case on the RBA is steady rates... 0603 18:00: China is said to possibly give brokerage licences to banks during H2 0603 18:00: ANALYSTS ROUNDUP: Credit Suisse Lifts USD/JPY Forecast and cuts AUD... 0603 18:00: Major FX option expiries of note for tomorrow's 1000am NY cut (... 0603 17:27: JPMorgan (JPM) triumphs in the legal battle in regards to the... 0603 17:27: US SERVICE HAS NOW FINISHED, PLEASE SWITCH OVER TO THE ASIA CHANNEL... 0603 17:27: ASIAPAC SERVICE NOW LIVE FOR TODAY'S SESSION 0603 17:27: ASIAN DAILY ECONOMIC RELEASES NOW AVAILABLE IN THE RESEARCH SECTION... 0603 18:31: "A Much Bigger Threat Than (kchrisc) 0603 18:31: Right now it's looking like (patb) 0603 18:31: I can't think of two ghouls (weeweed up) 0603 18:31: Wonder what you get for Yugo (Tanz der Lemminge) 0603 18:31: how to spot a bubble: open (Sanity Bear) 0603 18:31: Where is Elliot (Arthur Schopenhauer) 0603 18:31: And NO home improvement (Phil Free) 0603 18:30: Find out where Hilsenrath (orangegeek) 0603 18:30: They can always knock the (mickeyman) 0603 18:30: "You are assuming we had any (The Darwin Mode) Contact Information: Tips: tips [ at ] zerohedge.com General: info [ at ] zerohedge.com Legal: legal [ at ] zerohedge.com Advertising: ads [ at ] zerohedge.com Abuse/Complaints: abuse [ at ] zerohedge.com Suggested Reading: Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide

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Transcript of Hilsenrath Responds

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    SystemicCorruptionHasDestroyedAmerica

    Postedby:GeorgeWashingtonPostdate:06/03/201511:53There'sAlwaysBeenSomeCorruptionintheU.S....ButNeverLikeTHIS

    MoreandMoreCountriesJointheWaronCash...

    Postedby:PhoenixCapital...Postdate:06/03/201512:38Inthelast24months,Canada,Cyprus,NewZealand,theUS,theUK,andnowGermanyhaveallimplementedlegislationthatwouldallowthemtofirstFREEZEandthenSEIZEbankassetsduringthenext...

    RoaringInterestRatesPostedby:TimKnightfrom...Postdate:06/03/201513:25ThereisnonuancetowhatI'mgoingtosay:interestratesarepushinghigher,andthisisgoingtobeamillstonearoundtheneckoftheworldeconomy.

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    AMemberOfTheMiddleClassRespondsToJonHilsenrath

    SubmittedbyTylerDurdenon06/03/201516:27

    DearMrHilsenrathandyourCentralBankTeam,

    ThisisJoefromthedisappearingMiddleClassinAmerica.YouaskedmetheotherdaytodropyouanoteifIfeltthatsomethingwaswrong.WhatImhaving

    troublewithiswhyyoureaskingmeifanythingiswrong!?

    Soletmeexplain.

    COMMENTS:113 READS:33,409

    FBIUsesSurveillance"AirForce"ToMonitorUSCitizens,APFinds

    SubmittedbyTylerDurdenon06/03/201518:30

    TherevelationthattheFBIassistedtheBaltimorePoliceDepartmentinmonitoringApril'sviolentprotestspromptedawiderinvestigationbyTheAssociatedPress."The

    FBIisoperatingasmallairforcewithscoresoflowflyingplanesacrossthecountrycarryingvideoand,attimes,cellphonesurveillancetechnologyallhiddenbehindfictitiouscompaniesthatarefrontsforthegovernment,"APreports.

    READS:147

    AMuchBiggerThreatThanOurNationalDebt

    SubmittedbyTylerDurdenon06/03/201518:00

    "...the'IceAge'oflowratesandlowgrowthforalongtimeaspredictedbymanyanalystsandeconomistswonthappen.Instead,acrisiswillcauseacrashonWallStreet.Thebankswillgobroke.Thecreditsystemwillseizeup.

    PeoplewilllineupatATMstogetcashandthecashwillquicklyrunout.Thiswillprovoketheauthoritiestogofullcentralbankretard.Theywillfloodthesystemwithmoneyofallsorts.Theicewillmeltintoatidalwaveofhyperinflation."

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    060318:00:AnalystsatWestpacsaystheirbasecaseontheRBAissteadyrates...060318:00:ChinaissaidtopossiblygivebrokeragelicencestobanksduringH2060318:00:ANALYSTSROUNDUP:CreditSuisseLiftsUSD/JPYForecastandcutsAUD...060318:00:MajorFXoptionexpiriesofnotefortomorrow's1000amNYcut(...060317:27:JPMorgan(JPM)triumphsinthelegalbattleinregardstothe...060317:27:USSERVICEHASNOWFINISHED,PLEASESWITCHOVERTOTHEASIACHANNEL...060317:27:ASIAPACSERVICENOWLIVEFORTODAY'SSESSION060317:27:ASIANDAILYECONOMICRELEASESNOWAVAILABLEINTHERESEARCHSECTION...

    060318:31:"AMuchBiggerThreatThan(kchrisc)060318:31:Rightnowit'slookinglike(patb)060318:31:Ican'tthinkoftwoghouls(weeweedup)060318:31:WonderwhatyougetforYugo(TanzderLemminge)060318:31:howtospotabubble:open(SanityBear)060318:31:WhereisElliot(ArthurSchopenhauer)060318:31:AndNOhomeimprovement(PhilFree)060318:30:FindoutwhereHilsenrath(orangegeek)060318:30:Theycanalwaysknockthe(mickeyman)060318:30:"Youareassumingwehadany(TheDarwinMode)

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    COMMENTS:10 READS:4,292

    PresentingTheNextGreatSourceOfMiddleClassProsperity

    SubmittedbyTylerDurdenon06/03/201517:30

    COMMENTS:41 READS:9,269

    FormerUSFIFAOfficialAdmitsTakingBribesInSelectionOfFrenchAndSouthAfricanWorldCups

    SubmittedbyTylerDurdenon06/03/201517:22

    COMMENTS:34 READS:3,957

    "Bernanke&GreenspanHaveDestroyedAmerica"Schiff&MaloneyWarn"PeopleDon'tRealizeWhatIs

    Coming"SubmittedbyTylerDurdenon06/03/201517:00

    AliandFrazier,LaurelandHardy,MayweatherandPacquiao,LiesmanandSantelli,andnowSchiffandMaloney.PeterandMikejoinclashofthetitanliketo

    discusstheirinvestmentstrategiesandexposethechartsthegovernmentdoesn'twantyoutoseeas"peoplelikeBernankearetakenseriouslystillandthepeoplethatdidpredict[thecrisis]aredismissedaslunaticshalfthetime."ThewidereachingconversationcoverseverythingfromgoldandstockstoTheFedandTheDollarBernanke"tookthecowardswayoutbecauseallhedidwasexacerbatetheproblemstopostponethedayofreckoning."Theairiscomingoutofthebubble,theywarn,"BernankeandGreenspanhaveabsolutelydestroyedAmerica.Peopledontrealizewhatiscoming..."

    COMMENTS:50 READS:17,884

    BondsDown,DollarDown,CrudeDown,ServiceEconomyDown...StocksUp

    SubmittedbyTylerDurdenon06/03/201516:08

    COMMENTS:28 READS:10,852

    TheAmericanNightmareSubmittedbyTylerDurdenon06/03/201515:59

    TheEconomicPopulistTheHammerstoneGroupTheMarketTickerTheTrader

    TheUndergroundInvestorTheVineyardOfTheSakerThemisTradingTrimTabsBlogValueWalkVariantPerceptionViewFromTheBridgeWolfStreet

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    Presentedwithnocomment...

    COMMENTS:49 READS:21,702

    HowToSpotABubbleSubmittedbyTylerDurdenon06/03/201515:39

    Althoughaslewofexpertssaythedarndestthings(e.g.BloombergIntelligencesCarlRiccadonna:YouhadequitymarketsbenefitfromQE,buteventuallyQEalsojumpstartedthebroaderrecovery..Ultimatelyeveryones

    benefiting.),wecantgetridofthisoneothernaggingquestion:whoneedsanexperttotellthemthattodaysmarketsareriddledwithbubbles,giventhattheyarethesizeofobesegigantosaurusesabouttopumpoutquadruplets?

    COMMENTS:22 READS:5,845

    MarketwideTreasuryTradingHaltsOnTheHorizon

    SubmittedbyTylerDurdenon06/03/201515:15

    Inasignofthetimes,ICAP,whichhandlesnearlytwothirdsofTreasurytradingactivitybetweenHFTsandbanks,isconsideringtheimplementationof

    circuitbreakersintheTreasurymarkettohalttradingintheeventofanaccident.

    COMMENTS:21 READS:6,472

    OneOfTheWorld'sLargestSilverMinersSlamsTheCFTCAboutSilverMarketManipulation

    SubmittedbyTylerDurdenon06/03/201515:00

    "ItoccurstomethatsuchmassivespeculationinCOMEXsilverfuturesmaynotbeinkeepingwiththespiritandintentofcommoditylawandmaysuggestsomethingiswrongwiththepricediscoveryprocess,sincerealproducersandconsumersofsilverdon'tappeartobe

    represented....Asoneofthelargestprimarysilverproducersintheworld,wefeelthataneffectiveandfairpricingmechanismiscriticalforthehealthinessofourindustryandforthemillionsofpeopleimpactedbywhatappearsfromtheoutside,tobemanipulativepracticesbyaconcentrationofplayers."

    COMMENTS:58 READS:19,118

    HilsenrathConfusedMiddeClass"RespondedStrongly"To"Offensive"QuestionWhyItIsn'tSpending

    SubmittedbyTylerDurdenon06/03/201514:50

    Yesterday,inwhathehassincedubbed"atongueincheekandironicletter"to"stingy"USconsumers,FedmouthpieceJonHilsenrathasked,whyeventhough"the

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    sunshinedinApril...youdidntspendmuchmoney."Itappearsthatinthe24hoursthatfollowed,America's"stingy"middleclassdecidedtowritebacktoHilsenrath.Thisiswhatitsaid...

    COMMENTS:156 READS:46,711

    HillaryClinton'sPollNumbersPlungeToTheWorstSince2001

    SubmittedbyTylerDurdenon06/03/201514:39

    AnationalpollfromCNN/ORCTuesdaymorningfoundClintonwithherhighestunfavorableratingin14years:Just46%ofthosesurveyedviewedherfavorably,comparedwith50%whoviewedher

    unfavorably.(ThelasttimehernegativeswerethishighwasinMarch2001,when53%ofthosesurveyedviewedherunfavorably.)OnwhetherClintonishonestandtrustworthy,CNNfoundjust42%ofpeoplesaysheis57%saysheisnot.

    COMMENTS:81 READS:10,082

    TheCollegeCommencementSpeechEveryGraduateNeedsToHear

    SubmittedbyTylerDurdenon06/03/201514:20

    "Ineffect,youaregraduatingwithamortgagebutnohouse.Andwhatdidyouget?Asubprimeeducation."

    "Graduates,youhavebeensaddledwithdebtandbadideas.Goodluck,you'regoingtoneedit."

    COMMENTS:99 READS:37,425

    GoldmanSachsRookieAnalystAlmostEscapedBeforeFallingToHisDeath

    SubmittedbyTylerDurdenon06/03/201514:07

    TaibbicalledGoldman"agreatvampiresquidwrappedaroundthefaceofhumanity."Thistime,theirvictimwasSarvshreshthGupta,arookieanalystjust22yearsoldfromtheUniversityof

    Pennsylvania.GuptawasfounddeadinaparkinglotnexttohisapartmentbuildingonthecornerofSacramentoStreetandBrooklynPlaceinSanFrancisco.Heapparentlyfellfromthebuilding.Afterworking100hoursaweek,hetoldhisfather,"Thisjobisnotforme."InMarch,hequit.However,likethecrazywomaninFatalAttraction,Goldmanwasnotgoingtobeignored.

    COMMENTS:79 READS:37,089

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