Gary Anderson - Comments
Muckraker of the Financial System

The Fed knew about the housing bubble before it burst but lied and said they didn't: Bill HR 1424 to buy bad paper (eventually called TARP) was introduced in March 9, 2007, before there began to be bad commercial paper from private subprime RE loans, in August.

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Latest Comments
China Nastier Number Four
1 day ago

Little bit too cynical. China has plenty of stimulus. But why use it when that nation can hurt our stock market? Doesn't matter if on purpose or not, a slowing China can mangle US stocks.

Could Drone Strikes In Saudi Arabia Send Oil To $100?
1 day ago

Truth is, most Americans are concerned about the starvation in Yemen. Saudi Arabia is not well liked. That is partly because of the reporter who was murdered and partly because people believe they were at the center of 9/11. But that is misguided. Saudis are a semi secret ally of Israel and the USA, not an attacker. BUT THEIR WAR IN Yemen is disgusting.

In this article: OIL
More On Trump And Trade
1 day ago

No way. This is China's opportunity of a lifetime to stuff the chickenhawks who crawl around the Republican Party. You know, like Bannon and Gaffney.

Could Drone Strikes In Saudi Arabia Send Oil To $100?
1 day ago

Interesting. Refineries are like sitting ducks.

In this article: OIL
More On Trump And Trade
2 days ago

Trump is interested, but then again a temp deal is off the table. So he must give in. If he does not there will be no deal. China is in the driver's seat.

Drone Strikes Shut Down Half Of Saudi Arabia Oil Production
3 days ago

The US meddles. Unfortunately Mish, that is the truth.

In this article: USO
Tariff Man Trump Fooled Wall Street From The Start
3 days ago

Update 11: It appears that a temporary solution to the tariff war is now off the table. Hope for a deal is decreasing daily.

Trade Concessions, Central Banks & Retail Sales Ahead
4 days ago

Not sure Cramer was spinning now that Moody analytics has come out with a study that the trade war has cost 300k jobs, either lost or not created. The Trump put is insanity.

In this article: SPX, IBUY
Trade Concessions, Central Banks & Retail Sales Ahead
4 days ago

Cramer said that if the markets believe that a deal is unlikely, that they need to sell off massively to show POTUS45 that if he really does not want a deal there is a price to pay. But the markets are acting very contrary to that advice.

In this article: SPX, IBUY
Trade Concessions, Central Banks & Retail Sales Ahead
5 days ago

Trump said today he would prefer a permanent solution. That won't happen. I doubt if a temp solution will be done because it involves the legal action of information sharing. It is only illegal according to US law. China will never bow to US law. Trump is ropadoping. He may be blinking, but he will have to back off more to make it a real blink.

In this article: SPX, IBUY
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