Debt Rattle November 7 2014
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DPC H.A. Testard Bicycles & Automobiles, New Orleans 1910 • EU Dream Unravels 25 Years After The Wall Came Down (Bloomberg) • Not All QE Is Created Eq
[See the full post at: Debt Rattle November 7 2014]Pretty new to the site….enjoying it and learning alot. Q. Is
Treasury Direct the safest way to hold Short term Tbills?..ie in banking crisis the collateral would be in my name and out of the banking system? Hoping you or one of your readers can answer….apologize if this is not the right forum for the Q. Thanks.Ilargi – “Bloomberg attempts to blame Europe’s troubles on Putin. Unbelievable. Have you no shame? How about journalistic standards?”
I remember linking a Paul Craig Roberts article (he was once an editor for the Wall Street Journal) wherein he says that you don’t get to write what you want to write; you are told what you’re going to write. And if you want to keep your job, that’s what you have to do. These journalists must cringe with what they’re made to write, but keeping their jobs and their families going overrides this.
Glad to hear Gorbachev supporting Putin.
Putin is the best thing for Russia. The west, especially the U.S., does not have a clue about Russian culture. The U.S. cannot see past its own provincialism and hubris.
Fortunately there are Orlov, the Saker, and RT for those interested in just what the hell is really going on in Ukraine.
For those geographically challenged, take a look at a map and look at the vastness of Russia. Putin knows what he’s got and is trying to develop his resources.
One can only hope America’s 5th column inside Russia can be defeated.
Putin is well aware of it…Is Putin a fan of Automatic Earth or other alt sites or hold views about how untenable modern centralized, energy intensive, debt dependent society is? I think not. He’s a rather straight forward sort of politician seeking power, and wealth, for himself, his core allies, and then his nation. If in some alt universe where the world economic system operated under King Ruble and Russia’s military was supreme and operated from hundreds of bases around the globe do you suppose some benign humanistic world of peace and sustainable development would ensue?
The point is the best one can hope for in politics is selecting the lesser of evils. I question whether Russia under Putin is any less evil than what we’ve got. His main attraction for us being Russia’s age old desire to be somewhat separated and independent of the West. Now manifesting itself in opposition to the American dominated
finance/monetary/corporate, trade and military global system. The old enemy of my enemy is my friend syndrome. Among the oldest of political games.If Putin is best for Russia or not I can’t guess. I simply know a unipolar world is impossible. An impossible dream that had been the dream of Americas elites for over 100 years which is spawning everything we decry and many unaware citizens of all camps hate about our world too but are too unaware of its root causes to ascertain. Meaning they think endless growth is possible. To the extent Russia throws a monkey wrench into the juggernaut of ‘globalization’ is the extent to which I think Russia under Putin should be respected. Not liked, but respected.
RE thepack
This site is not a financial one. Treasury Direct is the only way to actually own a Tbill, or note or bond for that matter. The word direct means direct. Any other possible way, as far as I know, of holding Treasury paper is indirect. Safety can have many levels and timelines. On the scale of short term Tbills, most a couple of months or less, I don’t think safety is really a question. Then too even the ‘direct’ part is direct to and from a bank account. Think about it.
@ Rapier
If Putin is best for Russia or not I can’t guess. I simply know a unipolar world is impossible.
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Your comment in toto makes no sense.
Russia is under attack, directly from the U.S.. Do you not see this?
Putin is demonized at every turn.
If one has no understanding of Russian culture then that one has nothing to say. At least nothing of much value.
I was married to a non-U.S. born Ukrainian woman and had some involvement in their culture. What I learned was very interesting; the world is not dependent on the U.S. centric world view. And culture counts, a whole helluvalla lot!
God’s be good; do I actually have to say I don’t buy the whole spcheel?
But I do buy that the U.S. is wrong and totally fucked in its policy towards Russia and Putin!
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