cheap actos free delivery best place to order astelin in us research grade retin a 0,05 buy adalat online oros mg orlistat 120 mg side effects buy lasix online amazon canadian pharmaceuticals online side effects of cymbalta 60 tadapox usa no prescription order imitrex pills dutas tablets purchase on line can buy mircette online levoxyl side effects long term haldol next day western drug nizagara pink viagra for women uk safe glucovance no prescription baclofen birth control online australia purchase nexium in us betnovate side effects weight metformin drugs effects ordering viagra professional discount online drug shop drugstore online usa celapram to buy in the usa without a prescription buy tadalis sx online in usa apo furosemida without prescrip diovan uses medication purchase buspar on line in usa boehringer ingelheim flomax sales buy no prescription cheap accutane medrol dosage recommended capoten drug interactions discount augmentin coupons colospa mg usa buy dutas online from canada can celexa get you high doxycycline hyclate 100 mg and drinking alcohol medrol from uk apo atorvastatin 80 mg side effects zovirax side effects long term use vytorin on line in the mexico remeron prices usa estrace whithout prescrition comprar diamox en argentina cialis 200mg wholesale doxycycline side effects sore throat why has pulmicort been discontinued is it illegal to order generic bactrim xenical pills order best shallaki prices mentat ds syrup western australia losartan side effects weight gain buy tamoxifen online canada no prescription is generic vardenafilum effective minipress usa pharmacy online tadalis sx with no prescription purchase bupron sr lowest price ceftin without a prescription from canada lopressor tablets uses trileptal tablets 150 mg buy actoplus met uk canadian drug company propecia lansoprazole side effects nhs overseas pharmacy no prescription ralista mentat ds syrup shelf life buy snovitra super power canada best place to buy furosemide in mexico plaquenil australian rheumatology indian generics online yasmin purchase januvia pills imitrex side effects how long where can i buy cialis online without a prescription prevacid dosage recommended buy finpecia visa keppra pharmacy coupons abilify worldwide shipping roaccutan where can i buy lasix pills online in the uk retin a 0,025 drug in germany pharmacy celebrex generic alternative how long does it normally take for accutane to work where can you order medication online with mastercard average price of cialis daily levaquin en mexico buy prilosec pills in the india how much aspirin to take during a heart attack baridium mail order generic viagra soft tabs 50 mg singulair medicine for children canada proventil tablets online canada buy brand levitra without prescription simplotan information aprovel online coupon code flovent no prescription canada proventil hfa inhaler buy stromectol in uk delta cortef generic reviews pharmacies overseas no rx buy cheap frumil is it safe to order zyrtec best place to buy tadalis in mexico triamterenum canada salep elocon bayi peut on acheter alli en pharmacie sans ordonnance buy coumadin online from usa us online pharmacy no prescription venlafaxina hoodia tablets what is atarax hidroxizina what is the dosage for famvir generic tadalis sx cost pharmacy that sells pyridium the online drugstore dulcolax buy glucophage online beconase aq online bestellen thyroxine usa no prescription stromectol mexico companies only i pill differin website buy abilify online no prescription needed generic wellbutrin and zoloft weight loss over the counter medicine acticin pill rx health order carbozyne products finax free shipping glucovance usa sale buy roxithromycin pills in the uk order innopran xl without rx lov cost cephalexin buy amlodipin have no prescription buyers of celebrex canada tadalafil aurochem erfahrung buy trental bulk is generic pilex available in usa to buy bactroban in uk vardenafilum for sale microzide for sale philippines erection packs 1 noprescrition needed usa online pharmacy cheap paroxetine 25mg getting voveran sr in australia buying trileptal for dogs lopid cheap uk safe buy calcium carbonate online delta cortef online usa buying celebrex in manchester lotrisone in the uk now methotrexate tablets msds long time side effects wellbutrin femcare meds no prescripion i pill dutasterid website no rx methotrexate online omnicef germany buy accutane greece danazol no rx best generic zithromax review buy sinequan online with no prescription olanzapine teva 20 mg elocon cream use ears buy purim online overnight torsemide mexico no prescription voveran sr shopping what is bystolic used for lizada korean red ginseng prices online no prescription uk for valaciclovir generic brand for bactrim ds buy sumycin online at canada pharmacy levaquin good reviews buy tretinoin pills in the us viagra sublingual billig kaufen silagra drug in germany pharmacy sominex generic usa premarin brands india ventolin drug in germany pharmacy buy dutasterid greece levitra plus shop haldol costco list of tesco stores selling zyvox donde comprar inderal what is the medicine lasix used for order atomoxetin from usa without prescription where can i buy bystolic buy toradol generic diabecon uk next day delivery benicar hct dosage and administration american fluconazol what does trazodone pills look like ovulation on clomid lanoxin lawsuit canada colospa australia price duprost online australia where to buy stieva a without a prescription use fincar coupon online sumycin from china what is tizanidinum drugs 100 mg desyrel no prescription endep sale buy pet meds online no prescription best drugstore mineral foundation for acne diflucan 150 mg how long does it take to work can buy aciclovir online capoten drugs for sale buy thyroxin boots pharmacy buy promethazine pills in the canada generic reglan safe florinef online in us women using viagra recreationally fincar pills online in the canada alli weight loss aid starter pack 90 ea sinequan 20 mg doxycycline supplier in uk aspirin dose uk babies asthma nhs key pred usa sale order exelon online uk buy orlistat greece us fda approved online pharmacies best place to buy baridium in canada snorting gabapentin get high can you buy raloxifeno yasmin medicine online can you buy aloprim in ireland where to buy cheap generic requip how long does prilosec otc stay in your system buy feldene tablets us femara for infertility treatment oestrogel cost in canada depakote how to purchase zyban minomycin generic 2013 drugs discount vagifem from usa wellbutrin india sale cheap amoxicilina pills buy sildenafil citrate online thru paypals cipla india pharmaceutical generic voltaren order levoxyl online where did the story of purim take place where to buy amoxycillin in canada safely order tinidazolum online no prescription with a amex elimite cheap us pharmacy exelon wholesale which uk site to buy celexa ottowa canada pharmacies online thyrex 125 online shop us online pharmacy no prescription confido use colchicine coupon online amoxicillin powder for oral suspension ingredients chloroquine 5mg tablets buy amoxil bulk ampicillin without a script needed cod torsemide order in the us propecia online overnight antabuse cost comparison buy disulfiramo australia where to get doksazosin lek pct duloxetine 60 mg buy isoptin no rx zanaflex pills drugstore buy keftab in singapore rx health drugs discount code can you buy thyrox in ireland buy tindamax online mexico no prescription norvasc overnight pharmacy diabecon pill shortage retin online with out prescription dipyridamole daily use reviews buy advair online no prescription us tamoxifen to buy in the canada without a prescription order extendaquin canada where purchase sildenafila better than sinequan order digoxin online lanoxin generic viagra gel sildenafil citrate gel soft order fluoxetine on line mexico permethrinum mg mexico where to buy carvedilolo without a prescription order zithromax 120 mg what is evecare tablets micardis reviews for men purchase thyroxin online buy naprosyn pills online is it safe to order pills online where purchase quibron t youtube stats tracker alli sale target buy dutas online without prescription order cardizem online no prescription with a visa is there a natural substitute for viagra buy diamox online from canada what types of zedd are there order triamterenum online no prescription with a mastercard desyrel to buy in england female viagra dosage too high aleve cold and sinus recommended dosage use diprosone coupon online olanzapine buy uk where can i get novo digoxin pills to buy carbozyne in uk liposafe shelf life atrovent in the uk use of viagra for men do you need rx demadex medicamento tenormin 100 mg liquid viagra mixed drink can clomid cause weight gain in men brand meloxicam enolat buy canada drugs haldol with prescription valaciclovir lowest price online safe aripiprazola no prescription keftab legal us grifulvin v overnight pharmacy pharmacy buy drugs obelit simplotan tablets vagifem prix en pharmacie en france where can i get some ciprofloxacina buy fluconazol tablets canada order lasix without rx canadian pharmacy phexin prescription drugs from canada to us can i make glucophage us pharmacies online that sell salbutamol buy alfa flucon online safely 61th indian pharmacy congress ordering low dose zanaflex metoclopramide generico online trimox birth control online mexico renova without a prescription from india buy stromectol no prescription its where can i get vistaril top 10 online eltroxin sites boots online pharmacy malarone calan without a prescription from us erythromycin prokinetic dose adults omifin tabletas tetracycline sublingual dosage buy arzomicin boots buy avodart cheap generic prescription diuretic water pills reviews albenza 5mg tablets lipothin for daily use haldol new zealand lantus insulin glargine does generic toradol look like acai berry supplements in india order ditropan pharmacy lamictal no prescription compare prices grifulvin v online cheap can you buy flonase over counter baba ramdev medicines online india discount proscar mg triamterene limited india buy viagra in edinburgh canada aprovel tablets online cytotec coupon code ultra low dose provera where to buy cheap clomid online fasigyn uk brand name order generic medrol where can i buy midamor online without a prescription prescription lipitor coupon perrigo triamcinolone acetonide cream usp 0.1 triamterene dyrenium action prilosec otc buy 2 get 25 is it safe to order curacne atacand online mexico combivent from australia gasex prices cvs unisom tablets 150 mg half price remeron order differin online no prescription with a amex buy revia patch horned dorset puerto rico rincon generic risperdal buy canada order proventil from uk without prescription propecia cheap prescription viagra online order safe what is citalopram hbr 40 mg buy prometrium online pharmacy delta cortef buy online canada trimox online orders cheap lamisil sale uk fucidin australia pharmacy buy lariam mg online septran pediatrico flagyl er comprar cheapest xenical orlistat online sale of ephedraxin order fluss 40 uk pharmacy propecia before and after pictures rogaine 2 to purchase without a prescription lanoxin usa pharmacy top drugstore foundations for dry skin zyvox antibiotic prescription aciclovir wanted online review buy avodart online overnight delivery venlafaxina mg tablet buy provera tablets australia buy nordette perth australia buy ampicillin in singapore artane on line for sale no script herbal viagra reviews uk is topamax available in australia generico valtrex venezuela canada buy glucofage without prescription cheapest paxil tablets uk buy septra online buy zaditor mg doxazosin legal in england lozol on line no script buy oracea in singapore buy prometrium without rx current price ventolin purchase mometasona in usa florinef precio mexico is it legal to buy viagra online ordering fertomid here in canada pulmicort no rx serophene 100mg tablet wellbutrin xl and cold medicine l thyroxine legal us kamagra sale london pharmacy zanaflex drug in germany pharmacy canadian milk antibiotics amantadine side effects cats where to buy tretinoin cream 0.025 how long to take nolvadex post cycle viagra jelly cheap uk cost of viagra in spain what does allegra hives fexofenadine buy tricor online no prescription uk natural herb or vitimans for use as vigra periactin dosage too high strattera without a prescription from canada tadalis sx next day buy acai online india no prescription purchase biaxin mg buy cheap canadian drugs lotrisone without prescription miami mevacor online purchase indian generics online betnovate order carbozyne on line usa diltiazem cream how to apply siberian ginseng and birth control pills novo ramipril overdose erection packs 2 without a perscription arava ships from india compare cialis prices uk ivenox without a prescription from india flagyl mg canada cheap generic cialis soft tabs purchase sumycin lowest price relafen birth control online canada cephalexin medication where to buy retin a gel 0,1 suppositories buy doxycycl hyc cap 100mg medicine best site for allegra zyrtec coupons walmart rythmol sr on line in the canada acticin in usa generic pills for doxazosin order abilify 20mg canada order zyprexa online uk purchase lamisil online prescription levothyroid usa cvs prices buy atarax pills in the canada buy generic estrofem online with prescription order ayurslim medication by mail cialis 20 grs femara 100mg buy biaxin price canada apo clopidogrel tablets uses artane purchase in canada no prescription cystone tablets himalaya disulphiram pills buy anafranil uk no prescription comprar erection packs 3 original en madrid brafix canadian medications without prescription is mail order oestrogel safe how do i get viagra in ireland buy levaquin 500 mg motilium breastfeeding australia emoquette supplier in uk what class of drugs is trazodone in pharmacies amoxil prescription comprar esperal original online fluticanose with no prescription amoxil drug schedule aldactone in canada precio de el viagra en mexico prescription drugs from australia epivir hbv online order alli diet pills at walmart com tadacip available india diclofenac refills where to buy mircette with mastercard precio de alli en andorra does etodolac get you high walmart pharmacy wellbutrin mentax order in the us uk buy triamterenum without prescription clindoxyl gel accutane buy zyrtec uk can you side effects buy generic grifulvin v lexapro com what is it used for abilify lowest price confido precio mexico buy prandin low cheap price brand viagra sale cialis online drug buying aciphex in manchester levaquin in italia annual sales of levitra valium online pharmacy no prescription secure tabs viagra valtrex overnight can buy diprosone online bupron over the counter lov cost cholestoplex exelon uses medication order dipyridamole clotting platelets where to buy male birth control pill florinef online pharmacy shipped to canada voveran sr drug oversea where do i elocon in australia buy yaz tablets mexico online viagra non prescription zenegra generic uk treatment pharmacy tablet buy xanax bars online minocin cheap australia pharmacy ranitidine wanted online review ciprofloxacina uk companies only flonase from canada with no prescription ordering tretinoin 0,025 canada levitra professional non perscription countries clopidogrelum daily use reviews is mobic a popular ciplactin pills online dipyridamole canadian medications without prescription buy amoxiline online india retin a 0,025 lawsuit canada stromectol india raloxifeno no prescription needed canadian online pharmacy diltiazem er cost no prescription esperal generic blood pressure medication names purchase key pred in usa florinef acetate tablet buy salbumol online no prescription usa buy pct nolva viagra super active online purchase best place buy mentat best place to buy ampicilina in india order orlistat no rx canadian pharmacy retino a cream 0,025 online australia kelnor delivery does metformin 500mg er look like side effects of olmesartan medoxomil tablets isoniazid prescription coupon apo furosemida no prescription needed buy calan without prescription where to buy vermox online can you buy haridra discount online online buy celexa online usa buy flonase without a prescription from canadian pharmacy levitra professional valaciclovir online without prescription frusemide pills buy voveran online pharmacy uk order bupropionum pills alesse without a script predalone online without prescription shatavari generico italiano acai cleanse pills reviews cialis preis 5 mg how to use epivir hbv cheaper than lexapro safe to buy generic cytotec from canada where to buy parlodel online usa topamax 40mg where to buy reglan without a prescription homes for sale allied gardens san diego ca what is pletal medication for buy rogaine 2 online with no prescription buying retin a 0,05 buy levitra professional tablets australia cost of cytotec in the philippines feldene where can i buy it cialis professional discounted purchase alavert on line in mexico provera online pharmacy shipped to canada buy pain pills legally online order asacol from mexico without prescription acheter du baclofene en ligne aspirin precio mexico red viagra pill cozaar 100 review side effects of detrol 1mg colchicine generic uk buy allegra pills in the canada brand cialis lawsuit settlements purchase zydis in canada cheap medications australia buying ali diet pills online how much trazodone do you take to get high bupropion weight gain 2012 tricor express canada generic effexor xr australia ordering ampicillin seroxat side effects withdrawal keppra cheap mexico pharmacy online shopping of sleeping pills for india astrazeneca seroquel lawsuit 2011 actos mg usa abilify dosage depression dramamine supplier in uk metronidazole legal in england levaquin brand order yaz mg usa cheap rogaine 2 mg www celebrex com 200mg purchase promethazine in canada promethazine with codeine dosage for adults post cycle therapy elimite order brand cialis without rx buy misoprost online with out prescription erexor shop net generic pills for nexium united pharmacy finpecia mild anxiety symptoms where can i get dipyridamole from online etabus with no prescription where do i alesse in mexico how to purchase zyloprim online dutas side effects uk nolvadex generic 2013 drugs canadian pharmacy lantus buy xenical have no prescription viagra preis buy over the counter trimox online order floxin pill best site to buy albenza can you buy colchicine over the counter in germany long term effects of viagra usage buy generic proscar no prescription amoxycillin over the counter fastest rosuvastatin uk delivery liv 52 without a script erexor generic release date is indocin legal in uk liv 52 online buy uk buy lipothin without prescription safe to buy generic gasex from usa lortab 7.5 500 street value online curacne purchase lantus buy without where to buy voltaren online without rx cialis medications alli buy what does lisinopril pills look like novo minocycline 100mg side effects where do i buy bystolic citalopram hydrobromide generic drug abana mg buy generic version of suprax buying tamsulozin using paypal generic cialis not working pastillas alli precio 2013 cheap metformin buy generic topamax migraine uk which uk site to buy femara cleocin without cash delivery buy pillhouse evista tabletas 60 mg best levitra prices 20mg discount buy thyrox cheap acquistare nicotinell in italia buying cialis uk buy calan online with no prescription how to purchase relafen online buy seasonique online reviews vagifem tablets buy glucophage is an oral medication used to treat paxil shopping lotrisone by mail 24 hours oregon state fair concert tickets levaquin over the counter usa what is depakote er used for apo furosemida italiano estradiol valerate weight gain levitra discounted best price for real decadron buy l thyroxine capsules indian generics online doxazosin how to buy cephalexin in canada can you get a rash from ciprofloxacin buy retino a cream 0,025 boots combivent com coupon purchase zentel online abortion pills online to buy fasigyne order canada vytorin missed dose order atacand without prescription jimmy johnson blue pill clavamox delivered to your home gasex for dogs buy clozaril medication guide finasteride cheapest price fluoxetine and other drugs indian pharmacy seasonique oxybutyninum pill shortage aloprim india allopurinol spc emc purchase flagyl 750 mg discount code for livefood uk buy minipress online india alli over counter prescription thyrox over the counter uk acquisto micronase sicuro online where do i lozol in usa where didronel coupons for cymbalta 60 mg tindamax with prescription what is suprax drugs discount drugs of canada delray voltaren ec 75 mg tablet pravachol generic cheap costs fluconazol to buy lasilix canada head office do you need rx levitra super active order clomid overnight advair without rx generic name for dilantin amaryl cost per month bupropion 100mg tablet valtrex herpes simplex treatment best place to buy effexor xr in uk olanzapine over counter uk free coupon for diclofenac gel buy toradol tablets cheap zithromax price omeprazole boots buying dramamine using paypal relafen for sale australia no prescription erexin v sale order zitromax online no presctiption is crestor available in india buy paxil without prescription canadian pharmacy discount tamoxifen from canada arzomicin mg buy what is pramipexole dihydrochloride viagra boots pharmacy generic renova uk medrol dosepak over the counter india speman 5mg tablets generic colchicina canada januvia generic australia discount phexin mg chloroquine mist canada i pill paxil website cialis prescription buy dilantin quick buy thyrohormone online from australia elocon generic uk fucidin pills sweat what else is in aspirin tablets order oxybutyninum on line mexico online altace india where can i buy tadapox in canada allopurinol tablets side effects comprar brand levitra original nizagara dose where to get prescribed propecia order torsemide on line mexico express shipping zestoretic duphalac online bestellen mexican pharmacy no prescription adalat order relafen online uk delta cortef lowest price robaxin 750 street value valaciclovir discount voucher comprar nootropil original en madrid buy trileptal usa ovral l drug in fr pharmacy canada and grifulvin v order zestril without rx buy evecare 15mg online seroquel xr 300 mg prices safe to buy generic adalat from uk depakote pills online in the uk finasteride generic walmart sarafem low dose birth control synthroid dosage calculation mexico cabgolin best place to buy rogaine 2 in australia what does artane do atrovent generic equivalent best price for imitrex vagifem brands india ayurslim online legally what is wellbutrin xl used for ultra low dose amitriptyline dostinex 0.5 mg tablet mexico pharmacies online that sell etodolac fast acting viagra alternative getting dramamine in australia lozol without a prescription burnrx acai berry buy hong kong diflucan no prescription order lamictal lowest price achat viagra fitzer purchase levothyroxin online buy yasmin pills in the canada oristal medication how can i get propecia in the uk to buy tizanidinum buy generic orlistato online no prescription cheapest colospa paypal cheap avandamet buy online disulphiram without prescription pills order diamox rx low price viagra sublingual uk purchase rythmol sr online buy over the counter anteovin online order diprosone no rx canadian pharmacy ponstel buy usa buy clonidine 10 online eltroxin purchase safe buy tulasi online purchase protonix in india generic accutane safe order birth control pills online no prescription how long does it take for lisinopril hctz to work topamax pharmacy mail order arava where to buy buy allegra d online no prescription where to buy toprol xl how to buy cefadroxil generic levitra in usa drugs for sale on craigslist pill rx health renova products alti doxycycline medication comprar misoprost original skelaxin online from uk where to buy metronidazol ointment tricor manufacturer discount lozol buy online uk do you gain weight with anafranil fda pulls generic wellbutrin purchasing retino a cream online where can i buy noroxin online without a prescription can you buy omnicef in ireland generic kamagra soft cost lynoral buy online ireland paroxetine women buy cipla vet south africa alli canadian pharmacy asacol generic delzicol almetec delivery atrovent side effects long term use what is zanaflex classified as clonidine discount voucher retino a cream 0,05 buy online australia buy levothyroxine 15 mcg uk erection packs 2 delivery london sample of viagra pills obelit cheap us pharmacy aleve online canadian calis on line no script cheapest diarex paypal nexium prices us cheap genuine topamax online oristal fast mexico alli available in south africa amoxicilina generic uk is buspar available in canada cardizem cd generic name goes you buy lotrisone canadian coumadin us companies only buy alti doxycycline online with out prescription snovitra super power from mexico order meloxicam enolat online safe female cialis no precription compare prices periactin pill rx health levoxyl products purchase trazodone on line in uk fluconazol without insurance a good web page to buy prinivil with no script mail order ginseng online allegra owen ampicilina order canada online no prescription uk for trimox kamagra oral jelly online mexico do you need prescription buy viagra canada viagra generico pagamento paypal most reliable place to buy olanzapine online safe to buy generic thyroxin from uk where do i buy provera oder mg tablets of metronidazole aripiprazola order by phone fast torsemide deleviery minocycline canada cost tretinoin cream usp 0.1 rouses point emoquette over the counter uk mometasone furoate ointment usp 0.1 antivert online speman without a script noroxin 5mg tablets long term side effects of glycomet part d medicare viagra generic femara usa antabuse tablets generic name rocaltrol bactroban pills online in the usa buy generic levitra 10mg vendita viagra generico italia erectile dysfunction bupropionum fda approved to buy without prescription trustworthy pharmacy online obtain domperidone differin gel 0.1 adapalene buy colospa for daily use buy over the counter malegra dxt online what does rumalaya forte buyers of strattera canada how to take mifepristone and misoprostol tablets can you take floxin daily endep side effects uk toprol xl buy online australia erection packs 1 noprescrition needed uk online pharmacy order brand viagra overnight lamisilate online in usa para que se usa el zantac where can i purchase vistaril elavil 40 mg pharmacy betoptic drugs for sale lopressor with paypal payment cialis professional canadian online overnight pharmacy avapro combination therapy purchase thyroxine in canada canadian online pharmacy for proventil fastest orlistatum uk delivery thyroxin pills online in the india buy protonix online no prescription usa canadian drug company etodolac side effects of cephalexin in women retin a 0 05 cost comparison aciphex prescription only desyrel cheap us pharmacy cost of ventolin in canada brand name misoprost online is there a drug comparative to accutane side effects clomid ovulation accutane lawsuit statute of limitations florida purchase lantus on line in india roxithromycin and birth control pills para que se usa el elavil cephalexin dosage chart for dogs online pharmacy no prescription needed levaquin retin a 0,025 online bestellen sominex pct buy generic viagra india diclofenac delivery sildenafila sold over counter estro to buy in england buy atrovent patch diprosone over the counter where could i buy metocarbamol without prescription noroxin in the uk ondansetrona buy without retin a gel 0,1 online bestellen where to buy viagra sublingual without a prescription buy bupropion without prescription is zoloft legal in uk acivir pills over the counter australia fluss 40 prices free coupon for moduretic tadalafil 20 mg buy online efectos secundarios de tomar lisinopril best place to buy cialis in usa where citalopram mg comprar maxalt pela internet what does metoclopramide used for no script bupropion mg pill that works like viagra how long does famvir take to work on cold sores reviews on trazodone where to get ginseng in age of champions hydrodiuril daily use reviews penegra prescription coupon zenegra buy online us ortho tri cyclen buy online australia feldene gel for sale is generic dutasterid effective canada drugs dostinex with prescription innopran xl order in the us cheap pharm store is it illegal to order generic keflex amoxil 250mg capsules buying aciphex for dogs what is the generic drug for xalatan boots pharmacy cowbridge road cardiff pharmaceutical companies uk jobs order albenza online no presctiption where to buy dramamine drugs online macrobid 100mg nitrofurantoin monohyd m cryst delta cortef side effects uk lipothin drug in uk pharmacy buy toprol xl in india online ampicillin online usa promethazine uk is it legal to order from canadian pharmacy flagyl 500 10mg canadian amlodipine besylate norvasc neurontin dosage recommended generic for actos 45 mg pioglitazone hydrochloride what countries can you buy viagra over the counter had mircette lowest price compare prices alphagan p doxazosin delivered to your home order premarin from mexico without prescription thyroxin india sale where do i hydrochlorothiazide in uk diclofenac gel 100 g preis generic arimidex buy where can i get clomid for pct dapoxetine with prescription can i get fluoxetine is prilosec 20 mg over the counter kamagra oral jelly reviews actonel 150 mg cost diovan medicine online nizoral birth control online mexico safe requip buy femara lowest price online moduretic from uk cheapest viagra pills online lamisilate costco buy zocor online amazon best pills to take to get high buy frumil with a mastercard unguent eritromicina pret viagra vs viagra professional order flagyl online no prescription with a mastercard decadron paypal best price yasmin viagra soft shopping when does singulair go generic penegra discount safe lithium no prescription aldactone usa sale watermelon natural viagra best place to buy inderal in uk celebrex com when to take celebrex warfarin dosing algorithm costco hours croydon is it illegal to order generic finax legal to buy pariet yagara reviews for men ceftin drugstore.com buy flonase online no prescription us buy aspirin new zealand online hyzaar 10 mg brand levitra legal us buy glucotrol xl 10 fincar online meds arava no prescription required generic ginseng no prescription long term side effects of evecare best pharmacies online no prescription a good web page to buy levitra with no script differin acne medicine buy retin a 0,025 online mexico no prescription xeloda sales amoxil to buy aldactone discount code doxycycline hyclate capsules and alcohol western drug geriforte buy amlodipin hong kong purchase zetia in us kelnor lowest price generic himcolin usa hyzaar prices cvs buy depakine chrono pills in the canada quetiapinum buy uk 100 mg citalopram how to order vermox in canada priligy costco buy fucidin 40 hydrodiuril lowest price online proscar over the counter australia viagra jelly paypal retin a gel 0,1 to buy discount tadalis sx from canada mexico pharmacies online that sell zofran buy claravis mg zoloft doctors online buy tadalis sx have no prescription dutas price india naltrexone ms prozac online bestellen zyloprim no rx buying viagra professional from canada no prescription can cefadroxil get you high microzide tablets buy i pill pariet website buy procardia online no prescription canada aripiprazola online from india lexapro pricing viagra for sale without prescription januvia discount buy norvasc 5mg online best place to buy midamor in usa doksazosin lek from usa research grade relafen canadian pharmacy online ampicillin how to use azitromicina cost of emoquette without insurance where can acai berries grow comprar cardizem original en madrid aprovel pills online in the usa proventil sale pharmacy comprar omnicef original purchase strattera in mexico buying metformin for dogs retino a cream 0,025 noprescrition needed usa online pharmacy cheap silagra sale uk order stediril from usa without prescription ciprofloksacin shopping brand ethionamide buy atarax hydroxyzine hydrochloride syrup online cialis store aleve without prescription miami comprare kamagra in italia celapram results forum worldwide clinical safety experience with diclofenac erythromycin gel acne reviews purchase etabus in india buy amaryl online india no prescription buy atrovent online pharmacy dostinex uses for men where can i get some coumadin what is the shelf life of cephalexin tablets retin a ge phone orders cheap casodex usa parlodel 5mg tablets meloxicam 15 mg high blood pressure best place to buy stromectol in uk alli online pharmacies with out prescription buying rosuvastatin in manchester advair diskus 250 50 how to use what is xenical side effects sildenafil citrate canada lotensin buy china can i take prednisone and cold medicine mentat in the uk femara in india duprost price india purchase inderal 10 mg how long does depakote take to kick in uk version of amaryl does omeprazole work better than ranitidine what is novo olanzapine used for order avalide online in usa zofran india suppliers lasilix discount voucher viagra .99 canada desi tashan saathiya saath nibhana feldene online shipping diprosone without a prescription from canada finast uk online paroxetine and cold medicine very cheap priligy buy viagra online lloyds best way buy viagra online no script doxi 1 mg zyvox iv cost i pill website delivery elavil pharmacy growth rx buy buy bactrim tablets canada buy amlodipinbesilat tablets canada waheed alli lord hunch purchase risperdal in usa order motilium rx my acne came back after accutane astelin sublingual dosage bupropion perth australia ceftin buy on line medicine cipro used for metoclopramide where can i buy it orlistato from usa how much does ginseng cost buy ditropan online no prescription united states phenergan uk next day delivery adalat 100mg tablet duetact noprescrition needed usa online pharmacy buy sominex 16 how long does it take for finpecia to work zyrtec pills online in the uk symptoms of chlamydia in your mouth list of contraceptive pills available in india is there a drug comparative to yasmin buy mentat ds syrup in usa venlafaxina no prescription compare prices cozaar for sale australia how to take celebrex 100mg nystatin and triamcinolone acetonide cream ringworm quinine design london prednisone norx mail order dutas online relafen from india augmentin 625 mg tablets side effects order flomax from mexico without prescription generic for aleve medication bupropion phone orders aleve no script himcolin maximum dosage purchase erexin v pills benicar online no prescription order glucotrol on line canada no prescription disulfiramum levitra super active no prescription needed generic lexapro india tretinoin 0 05 where to get alli weight pills coupon bisoprololi fumaras cheap us pharmacy generic raloxifeno usa generic florinef diakof without a prescription diovan store cialis jelly woldwide shipping endep buy india cost of mail amoxil cost of mail calan buy canadian rumalaya gel quibron t from china zanaflex without a prescription from us cipro pharmacy online what is entocort drugs is there a generic for lexapro buy generic prilosec online bactiver side effects rumalaya gel prices at costco finast buy canada pill rx health isotretin products estrace fast mexico buy naprosyn online reviews imuran dosage instructions intrathecal baclofen complications ambasciata cipro in italia canadian pharmacy spam yahoo generic valtrex good name brand generic pills for feldene silagra from uk legal buy xenical online canada buy imuran in ireland buy paxil online united states carvedilolo drug in uk pharmacy is it illegal to order generic crestor phenergan 40 mg pharmacy motilium 10 ingredients mobic buy online uk cheap amantadine uk where can i buy benadryl cream abana spain buy benemid greece dilantin online sales how much will shatavari cost indian pharmacy amlodipinbesilat claritin d usa serevent drug class how to buy metronidazole without a presecription sinequan on line in the india prednisone with no subscription levothyroxin online legally kamagra 100mg tablets uk brand amoxil perth australia generic suhagra usa purchasing minocin online is mail order prograf safe vasotec generic reviews new primatene mist inhaler what does cymbalta do for anxiety mycelex g canada overnight delivery buy kamagra online with out prescription buy liposafe tablets usa metformin and alcohol living pcos clomid no prescription in canada nitrofurantoin in pregnancy first trimester cheapest dapoxetine in the uk no prescription artane sale online atomoxetin with no prescription online no prescription buy cheap levitra maxalt online pharmacy shipped to canada how to import contacts from windows live mail to outlook 2010 buy carafate online no prescription uk lamisil canada over counter cheap aricept mg zyban in italia raloxifeno online usa where to buy thyrohormone with echeck buy ditropan online without a prescription order viagra plus from usa without prescription grifulvin v mg tablet cheap zyvox free delivery metformin india what does atorlip 10 stromectol online overnight shipping cialis in the uk tramadol online pharmacy overnight cipralex 20mg tablets yaz drug class allegra prescription cost stediril maximum dosage fda generic viagra approved india pharmacies online that sell zestril where to buy vagifem birth control pills liver adenoma where can i purchase imitrex retin a 0,025 australia pharmacy can you only get omnicef on prescription cheap zestoretic sorbitrate 10 mg cost cialis tablets 5mg bupropionum pills effexor xr overdose clarinex comprar ranbaxygeneric lipitor availability diclofenac online usa crestor online pharmacy shipped to canada naprosyn cheap india pharmacy calan overseas sildenafil citrate 50mg tab proventil haler canadian pharmacy is generic cefixime available in usa tenormin side effects fda dyazide generico italiano safe place order voveran sr metformin online bestellen rezeptfrei xeloda maximum dosage fast liponexol delivery order unisom on line usa buy prevacid with paypal where can i buy zestoretic mg when will celebrex be generic in us aspirin tablets can we trust risperdal online neurontin in the uk what is aspirin called in the uk unisom cost comparison buy reglan online india no prescription purchase viagra plus lowest price lamictal ordering no prescription can i order arimidex no prescription in the usa cost of levitra in india midamor drugs for sale lamictal online in usa buy roxithromycin 20 tizanidina without script express drugs buy lasix tablets india where can i buy lipitor in the uk. ? buy azurette pills in the canada discount diprosone otc alternative medicine for paxil purchase rythmol sr pills augmentin for uti dosage dostinex discounted ordering allegra in china reviews premarin vag cream where to buy trial erection packs 2 online india can i order extendaquin online metronidazol india companies only medication for anxiety disorder list furosemide online meds buy roaccutan mg viagra cost per pill walgreens tricor online india retin a micro gel cost buy famvir england can i buy yasmin online propecia 1mg tablets canadian levoxyl xeloda lawsuit canada what is arava medication buy cheap tinidazole no alcohol flagyl get zovirax las vegas costco pharmacy klipal codeine price order revatio rx safe place order retino a cream 0 05 valtrex dosage herpes labialis eurax generic for can taking crestor cause weight gain where to purchase colospa buy synthroid without a script tadapox over the counter drugs thuoc duphalac 667g l legal online himcolin suprax canada sale low dose zoloft for ocd can you get betapace over the counter pharmacy technician training courses ireland indian generics online viagra soft online pharmacy buy relafen what is the generic for aricept fluconazole 200 mg dosage research grade florinef misoprostol over the counter buy maxalt tablets uk glucophage vs generic meridia skyrim voice actor zyrtec sublingual dosage generic pills for minomycin zoloft fast usa how to use zantac 75 cheap amoxil drugs effects buy micardis canada cheap tretinoin 0,05 pills pill rx health atarax products non prescription alfa flucon elocon lotion no prescription curacne prices cheap diprolene uk yagara to purchase without a prescription apo clopidogrel from canada with no prescription generic from celadrin can you buy tenormin prescription meclizine birth control online india liv 52 rx paxil from canada with no prescription venlafaxina drug in uk pharmacy buy yaz online canada no prescription misoprost fast usa allopurinol mg uk finpecia australia price buy tretinoin 0,025 in india online c ratioph online from usa suhagra canada overnight delivery canadian buspar order estrace rx buy quibron t online with no prescription original zestril online what does fertomid 50 look like online toprol xl purchase beconase aq buy usa estrofem noprescrition needed usa online pharmacy dutas brands india advair delivery london side effect of arimidex medicine arjuna in usa roxithromycin dosage pediatric buy prevacid online in the united states without a prescription aristocort 5mg tablets buy l thyroxine pills in the us lasix 40 mg posologia serophene uk companies only codeine syrup pharmacy cost viagra effects interactions sildenafil clavamox pharmacy order india generic drugs free cheapest zithromax paypal buy lipitor pills differin pharmacy prescription buy trental lowest price is all pills shop legit lady era birth control online australia brand levitra sale 10mg pill shop carbozyne without a prescription from australia claritin online usa best place to buy geriforte in mexico what is levaquin drugs zyvox buy australia order doxazosin overnight list of tesco stores selling medrol lamisil rx coupon buy estro online no prescription usa renova without prescription medication for anxiety and ocd in children is there a shortage of lamisil buy cialis super active without rx where can i buy cephalexin keflex acquistare allegra in italia buying prescription drugs online from mexico clavamox buy india us online buy cheap acivir pills etodolac shortage 2012 coumadin over the counter australia lanoxin cheap price ginseng pills walmart cheap genuine citalopram online norvasc on line in the usa buy diarex tablets midamor 100mg cheep where to tenormin amlodipin canadian online what is tizanidina mg used to treat cost of himcocid what does doxazosin allopurinol australia where to buy olanzapine online india safe place order amoxil glucophage drug schedule buy glucovance online thru paypals erythromycin e s 400 mg tablets genuine clarinex 100mg brand name cialis no prescription rhinocort pharmacy prices list what is prazosin drugs best generic amoxil review all types forzest pills malegra dxt without subscription recommended dosage of benadryl for infants lipothin online uk erythromycin buy usa mail order wellbutrin sr online liquid claritin dosage for dogs cheaper version of seroquel amitriptyline medication used bentyl online bestellen where to buy beconase aq with amex sarafem next day shipping triamcinolone hexacetonide structure carafate tablets australia buy cheap diovan pills wholesale dulcolax ordering low dose sinequan walgreens albuterol price where do i retino a cream in mexico chlamydia medication alcohol cialis perth australia genuine generic acticin online tamoxifen citrate bodybuilding losec mups for babies side effects medicine cymbalta australia ordering generic amaryl glimepiride generic benadryl pill identifier elocom on line in the mexico discount glucofage from canada can you order beconase aq beclomethasone how long does levitra last for cheap styplon free delivery reglan 10 mg side effects misoprost for purchase without a prescription buy generic janumet online no prescription overseas pharmacy no prescription exelon best place buy provera buy zebeta canada name of viagra in indian market generic prednisone picture doksazosin lek medication canada dutas tablets online genuine norvasc 100mg luvox online pharmacy uk purchase aripiprazola in canada buy abilify xr without prescription long time side effects chloroquine atarax pas cher is thyrox legal in uk pyridium 200 mg price cleocin birth control online uk nexium pill shop discount code allopurinol generic cost online drug for nizoral buy percocet tablets side effects of antibiotics for men liv pharmacy coupons viagra professional from china bupropion tablets side effects indocin with prescription emoquette daily use reviews amitriptyline alcohol blackout buy fluoxetina online reviews top 10 online dilantin sites where do i atacand in uk buy otomax usa take generic imodium while pregnant what tier drug is accutane buy tetracycline xr without prescription costco pharmacy renova price alti doxycycline over counter uk keppra express canada purchase valaciclovir on line in the uk buy bupropion with avamigran price estrofem legal us keppra not generic purchase abilify 11 mg aspirin for daily use keflex buy without mirtazapine overdose paxil during pregnancy lawsuit canada mexican pharmacy prices buy effexor online no prescription canada alavert no prescription buy misoprost greece all types flunil pills elavil generic 2013 drugs get fml forte las vegas cleocin comprare drug sales rep jobs texas prednisolona from australia buy zenegra mg online oracea buy online canada buy albendazole tablets usa xenical 120 mg buy propranolol perth australia mail order generic novo digoxin bentyl on line with no prescription discount valtrex of canada celexa and alcohol acquisto lamictal sicuro online apo furosemida noprescrition needed uk online pharmacy what is domperidone 10mg
Sunday, February 01, 2015
   
Text Size

Search our Site or Google

U.S. Economic Terrorism the New 'Winning Trade'

Articles & Blogs - US Commentary

User Rating: / 147
PoorBest 

When Wall Street planned and executed the U.S. housing-bubble (and all its related scams), it destroyed the lives of tens of millions of Americans. Then, when it subsequently 'crashed' global markets, it inflicted hardship on most of the world. But the Oligarchs were just getting started.


As governments responded in a totally predictable manner, Wall Street began to collect on its interest-rate swap scam (see “WHO were the WINNERS in Interest Rate Swaps?”). With this scam the Oligarchs progressed from merely destroying companies and individuals to destroying schools, hospitals, towns and even states.


However, as we are now finding out, those were merely Wall Street's “appetizers”. For their “main course”, the Oligarchs have moved up to destroying nations. Here, I must confess to once again underestimating the Oligarchs. I had thought that the latest propaganda campaign was merely a tactic to pull the worthless, U.S. dollar out of yet another nose-dive. How wrong I was!


I should have been tipped-off by the obsessive/excessive “coverage” from the U.S. media of Greece's (and now the rest of the “PIGS”s) financial problems. The indifference of Americans to any and all events which take place outside of their own borders is legendary. Apart from wars, Americans generally have as much curiosity about the “rest of the world” as the average house-fly.


Even if a massive earthquake had swallowed-up Greece like some modern-day Atlantis, such an event would have interested Americans for no more than a few days. To illustrate this, we only need to observe how grossly disproportionate has been the “coverage” of Greece's financial problems compared to the devastating earthquake which struck Haiti – a close neighbour to the U.S.


For those propaganda-numbed sheep who would argue that Greece's budget crisis warrants weeks of around-the-clock coverage, you need to acquire some perspective. As has been frequently mentioned outside of the U.S. propaganda-machine, the Greek economy constitutes less than 3% of the EU. In other words, this would be like the rest of the world writing commentary-after-commentary predicting disaster for the United States because of financial problems in the state of Oregon.


For the record, while there are a handful of European nations with serious financial crises, these nations represent no more than 1/3 of the EU economy. In contrast, as has been frequently published, there are at least forty U.S. states struggling to ward off insolvency – and representing somewhere around 80% of the U.S. economy.


Bolstered by its propaganda-machine, Wall Street (and its hedge fund allies) launched their attacks – unveiling a new way to wreak financial devastation with their unregulated casino, known as the “derivatives” market. The new weapons-of-choice for Wall Street are “credit default swaps” - something which I discussed in some detail in a recent commentary (see “The Goldman Sachs/AIG Saga”).


Essentially, credit defaults swaps (CDS's) are a form of insurance to hedge against the risk of default on debt – or, rather, that is what they are supposed to be. Instead of using CDS's to hedge their risk, much of the CDS market was simply a Wall Street sham, pretend-insurance allowing Wall Street to pretend it had reduced its risk – allowing the oligarchs to over-leverage their balance sheets to the insane level of 30:1.

 

There are many ways to demonstrate that CDS's were never intended to be a “hedge against risk”. The most obvious way is to simply to look at the size of the market. The credit default swap market is roughly $60 trillion in size – by itself it is as large as the entire global economy. Thus, the first observation to make is that it is obviously impossible to properly back this insurance – and thus it cannot be “insurance”. If the insurers lack the capacity to make good on claims, then obviously these contracts do not represent real “insurance”.


Wall Street zealots will argue that no insurance market is capable of paying-out on most or all of its claims. However, there is a huge difference between CDS's and conventional insurance: correlation. With most forms of legitimate insurance, there are no correlations between one insured party making a claim on their insurance, and other insured parties also making claims.


If the house down the street from you suffers a fire, there is no reason to believe you are about to have a fire of your own. Of course there is always the possibility of an arsonist, but a) that is a very low-probability event; and b) over the insurance market as a whole, even a group of arsonists would produce claims on only a tiny minority of the insured.


In contrast, the banksters' unregulated casino – the derivatives market – is highly correlated. If events cause a claim against one contract, the likelihood of claims against other contracts immediately begins to rise exponentially. The Oligarchs claim otherwise. They continually produce “statistics” which supposedly indicate close to zero net exposure. However, given the intentional absence of any transparency in that market, there is no evidence to support those claims. There is however, an abundance of evidence that they are lying.


The 2008 near-collapse of the entire U.S. financial sector clearly illustrates that rather than having offsetting “hedges” which would cancel each other out, that instead, once the Wall Street dominoes began to topple that they would have all come crashing down – if not for the $10 trillion in hand-outs, loans, and guarantees used to prop-up the Oligarchs. In other words, it took $10 trillion of backing to offset Wall Street's 'bets' to a sufficient degree to ward off total implosion (for the moment).


We now have a new example to demonstrate the dishonesty of the oligarchs: Greece. If as the Oligarchs claim, the CDS market was one of “offsetting hedges”, then it would have been mathematically impossible for the “spreads” on Greek credit default swaps to have widened so far, so fast. By “spreads”, I'm referring to the gap between the insurance rates which Greece must pay on its debt versus the insurance rates for other (supposedly) more solvent economies.


In a market where the 'bets' were perfectly offset, there would be no movement in the “spreads” at all. In a market which was mostly offset, the spreads could only move slowly – in tiny increments. The fact that Greek spreads have “blown up” in global financial markets (over a period of days) is proof-positive that “someone” has been piling onto only one side of the bet: namely, the bet on Greek default.


Given the always perfect synchronicity between the message of the U.S. propaganda-machine, and Wall Street's current scam(s), and given that the propaganda-machine has done everything possible to amplify fear over Greece's financial woes, the circumstantial evidence is overwhelming. And, of course, if the propaganda-machine has been deployed in this manner, this also means that the U.S. government is fully complicit in Wall Street's latest scheme – if only as a passive accomplice.


To comprehend how ruthless and devastating this attack has been, we can have a glimpse at a CDS contract between two of the Oligarchs. In “Bankster Sues Bankster - AGAIN”, I commented on the lawsuit by Citigroup against Morgan Stanley. There was no dispute on the terms. Morgan Stanley wrote-up the CDS, it “blew up”, and Citi wanted to collect. This raises the obvious question: why would one Oligarch force one of its brethren to sue, simply to collect on a debt? Could it have been that, in Morgan Stanley's eyes this CDS was merely a sham – and it was outraged when Citi sought to treat it like legitimate insurance?


That is certainly one possible motive. The other was the size of the pay-out. Even after Morgan Stanley liquidated all the collateral which supposedly “backed” this contract, it was forced to pay out at 300:1 against what it had received in premiums. In the case of this one contract, that meant Morgan Stanley had to pay out $200 million (on top of its “collateral”) against the $0.75 million it had received from Citi.


With pay-outs like that, it should have surprised no one that Goldman Sachs was the first bankster to come up with the idea of using CDS's as a profit-making weapon. The trial guinea-pig was AIG. Having “raped” AIG for more than $10 billion, while only needing to “invest” relative pennies to net that windfall, Wall Street was ready to unleash this financial “weapon of mass destruction” on the world.


To understand the relative consequences of this attack against Greece, we need only compare what would happen if the same thing had been done to the United States. As I have written on countless occasions, the hopelessly insolvent U.S. economy is burdened with $60 trillion in total public/private debt (not including one penny of the $70 trillion or so, in “unfunded liabilities”).


Thus, there is a very good reason why the Federal Reserve has been “buying up” virtually every U.S. bond in sight – in order to artificially keep U.S. interest rates several percent lower than they would be without such radical intervention. Raising U.S. interest rates by even one percent would drain an additional $600 billion per year out of the U.S. economy – in additional interest payments alone.


This would be equal to a 5% drop in U.S. GDP – before factoring in the “multiplier effect” of all that lost capital. It would immediately push the U.S. into a debt-default spiral – which could only be averted by hyperinflationary money-printing...and that would be the scenario even without other nefarious nations attempting to deliberately force it into default. Naturally, this means that the endless “chatter” from the U.S. propaganda-machine that the Fed is “contemplating interest rate increases” has zero probability. Put simply, the U.S. government can never afford to voluntarily raise interest rates again.


Thus, given that the debt problems of the U.S. economy are already far worse than those of Greece (see “Fiscal Follies: Greece versus the U.S.”), if someone else had done to the U.S. what the U.S. is doing to Greece, the U.S. would be plummeting toward imminent bankruptcy, as we speak. In other words, the “Greek bail-out” now being cobbled-together by the EU was forced by the use of financial “WMD's” by Wall Street's economic terrorists.


It will be even more interesting to see what happens next. If the CDS spreads now begin to “mysteriously” (and rapidly) widen for Spain, Portugal, and perhaps other EU members, this will signal that these financial psychopaths are going to simply continue to “nuke” one vulnerable economy after another.


The Oligarchs must be stopped. Given that we cannot rely upon our capricious “Gods” to produce some convenient plague to wipe this blight off of the face of the Earth, this means it is imperative that the Wall Street oligarchies be smashed into little pieces immediately, and their casino must be thoroughly regulated, or merely unwound, and then closed.


Destroying entire nations for profit is a human abomination for which we lack even a proper term. It goes well beyond “greed”. It can't be described as “immoral”, since like all psychopaths, the Oligarchs are completely amoral. These are “crimes against humanity” but on a scale which goes well-beyond Hiroshima and Nagasaki.


Americans are now at a cross-roads. They can continue in their apathetic coma, allowing their two-party dictatorship (and the Wall Street Puppet-Masters) to continue to rape and pillage not only their own nation but any and every other economy foolish enough to allow the Oligarchs to get it in their choke-hold. That way lies the path to being an economic pariah – shunned and isolated by the rest of the world.


The alternative is for Americans to overthrow their two-party dictatorship. Each day, the possibility of doing so through something short of outright Revolution wanes. With a broken political system, two hopelessly corrupt political entities, and a propaganda-machine which would have been envied by Hitler and Stalin, this will likely be a much more difficult task than when Americans deposed their relatively benign, British monarch.

Trackback(0)
Comments (14)Add Comment
Jeff Nielson
...
written by Jeff Nielson, July 10, 2010
Bobby, I've heard the ALLEGED claims by bankers that the $60 TRILLION CDS market is supposedly some zero-sum game. And the day that the derivatives market becomes FULLY TRANSPARENT, and I can see it with my own eyes is the day that I will believe the word of the banker.

Instead, I will point to 6 months of around-the-clock U.S. propaganda - which stated again and again that Euro CDS spreads had "blown up" (because SOMEONE was piling onto only one side of the bet).

IF the CDS market was as neatly balanced as the banksters claim, it would have been IMPOSSIBLE for spreads to have widened 1/10th as fast. The bankers can't have it BOTH ways.

You can't go around "blowing up debt markets" while claiming that the market you're using for such terrorist acts is "perfectly balanced".
Bobby
...
written by Bobby, July 10, 2010
Though effectively correct I would like to correct the CDS - statistically it is close to net sum zero. However there are two facts which cause CDSs to destroy the participants:
1/ Consider a game of musical chairs with 100 players and 99 chairs. When the music stops. Stats - near zero net sum. However the pooling of the chairs (or risk by CDSs)the order is of grave consequence to someone. CDSs are likely not written to unwind gracefully.
2/ The extreme leverage and hollowing out via fees. The actual invested values were leveraged allowing ridiculous multiples of resellinga where each sale netted someone a handsome fee. Effectively the 99 chairs are near zero chairs with everyone hoping the music would stop.
Jeff Nielson
...
written by Jeff Nielson, March 17, 2010
Hi Jaoapft. I have been asking myself similar questions with respect to where the "end game" of all this scamming would lead - and it simply defies rationality.

See today's piece: http://www.bullionbullscanada....Itemid=133

The only rationale I have been able to come up is that these people are true "psychopaths" - and thus they are incapable of RATIONALLY analyzing the consequences of their actions. Instead (like all psychopaths), they simply consider themselves so much smarter (or simply more powerful) than anyone else that they will deal with those FUTURE problems the same way they deal with their current ones: with more scams and lies.
joaopft
...
written by joaopft, March 17, 2010
I don't know much about finance. But I know that the so called PIGS plus Iceland are strategically placed on the Mediterranean Sea and North Atlantic. Greece controls the access to the Black Sea; Portugal and Spain the access to the Gibraltar Strait; Iceland, Ireland, and the Atlantic islands of Portugal and Spain are vital to the strategic supremacy over the North Atlantic. If these states were to fail, bringing political caos, possible uprisings and rise to power to leaders like Hugo Chaves, I imagine the losses for the West (thus the gains for Russia and/or China) would surely have an impact on the worthiness of the main western nations.

If this has been planned by Wall Street, it is really dangerous game. I am puzzled, maybe the Defense guys should, by now, be voicing their concern over this. Germany lost the 2nd world war when it decided to wage war over Russia before gaining control over the Mediterranean, the British Islands and Iceland (thus obtaining strategic supremacy over the Mediterranean, and control of the North Atlantic). Is the same, now, going to happen to the US?
Jeff Nielson
...
written by Jeff Nielson, February 14, 2010
Thanks for the comment, Monkeyman. The SUGGESTED motive for the banksters' attack was that they had been "shut out" of recent debt issues from the Greek government. But I don't buy that story.

As I was trying to come up with some sort of general "intent" (other than simply profit), I wondered if a "message" was being sent to the Obama government - given the tough, (election-year) rhetoric which has suddenly been emanating from Obama: "mess with us, and YOU'RE next."
monkeyman
...
written by monkeyman, February 14, 2010
Jeff-excellent analysis.

As an American I had been wondering why the 'big fear' was being whipped up re: Greece. The Greek's felt they are being set up, and it seems they have been correct. Also, the German's seem to be colluding with the US/Wall Street by fanning the flames of doubt and uncertainty re: assistance.

Given that the Banks have now become like sharks, who must swim and feed continuously or die, do you think it possible they intend to swallow up all of Europe now? Is Greece just the soft underbelly of the coming financial corpse of Europe?

The oligarchical money men now control the entire continent via their EURO deception (finally realizing Hitler's dream, Napoleon's dream) Will they seek to bring it to ruin again?

Is it time to sell my Euros?

Jeff Nielson
...
written by Jeff Nielson, February 14, 2010
Hi Kevin.

For all us Canadians, a comedian named Rick Mercer is a household name - along with a regular skit he used to do called "Talking to Americans".

He would head to the U.S. (posing as a journalist), and then interview Americans (often at their universities) about some Canadian "news item" (which he completely fabricated).

Each time he would come up with a new topic, I'd think "no way" will he be able to dupe anyone with that 'whopper'...and time, and time again he would prove me wrong.

So if I have an exaggerated perspective on this particular issue, then I'm pointing the finger at Rick Mercer!
Kevinjohn
...
written by Kevinjohn, February 14, 2010
" Apart from wars, Americans generally have as much curiosity about the “rest of the world” as the average house-fly."





Ouch! Not true!

I for one, dear sir, knoweth where Greece is, as well as Iceland!
They're both just a short car trip from Toronto right? See? We're not as dumb as you think...you..you.. hoser!smilies/smiley.gif
Jeff Nielson
...
written by Jeff Nielson, February 14, 2010
Hi Thomas. You're not factoring-in the around-the-clock propaganda campaign to generate as much FEAR as possible. Without fully deploying the U.S. propaganda-machine (for a full MONTH), the banksters couldn't have done this much damage, this fast.

Keep in mind that in the REAL WORLD, the financial problems for the U.S. are much worse than those of Greece. So if not for the propaganda campaign, the only way for Greek CDS spreads to widen this much is if the U.S. spreads widened even MORE.

As I've pointed out in other commentaries, ANY significant increase in U.S. interest rates would bankrupt the U.S. economy in a matter of months. Thus, "exploding" the debt of Greece without doing the same to the U.S. could only be caused by the combination of the full participation of the U.S. propaganda-machine (and the U.S. government) along with the amoral behavior of the banksters in the derivatives market.
thomas mosley
...
written by thomas mosley, February 14, 2010
Jeff,

Great article. This is the clearest explanation of CDS I have seen to date.

I'm not sure that you can blame the people forcing up the spreads for the problems. I think it is analogous to an insurance company raising someone's rates when they reveal that they are keeping their house warm at night by burning furniture. If Greece and Co didn't hadn't amassed such such a huge amount of debt in pursuit of maintaining government spending in a floundering economy, then they would be fine. The CDS traders are just calling them on it. Don't shoot the messenger, no matter how well compensated he is.

In addition, an attack on a government is not necessarily the same thing as an attack on the people of a country. I, for one, would welcome the collapse of the US government, as it would open an opportunity for us to rebuild from the ashes of Keynesianism. Otherwise, it's just a continuation of the slide into 3rd world status. If we can do it before all of our savings disappears, all the better. It should be the same for any of the PIIGS.

Indeed, in your given example of AIG, remember they would not have been able to pay out on those CDS' without government intervention. AIG should have failed, and taken everyone waiting for a payday with them. It was the government that allowed GS to make that profit. Get rid of the government backing, and the CDS market will evaporate overnight.
Jeff Nielson
...
written by Jeff Nielson, February 13, 2010
Hi William. I don't claim to precisely understand HOW the CDS market could grow to the same size as the global economy, but yes, as a matter of logic it appears that people can use CDS's purely as independent bets - without being the party that actually needs this 'insurance'.

Yes, human nature being what it is, if you allow a massive, rigged-casino to dominate global financial markets then you will have people cheating the system - as Goldman Sachs did in scamming AIG for more than $10 billion.

However, when greed gives way to pure evil - and these predators attempt to destroy national economies for profit, then this adds a whole new imperative to break-up the oligarchs, and regulate or eliminate the derivatives market.
William Legrand
...
written by William Legrand, February 12, 2010
Superb article. Unless I missed it, isn't one problem with CDS insurance that at least some disinterested third parties are allowed to purchase it (as a straight-up bet) without having any ownership of the assets being "bet" on. In other words, isn't it like a gambler just playing the horses, without the cost/risk of buying/owning a horse? If not, then how is it possible for total value of CDS coverage to roughly equal the size of the global economy, when it's likely that only a minority of the global economy has CDS coverage? On the other hand, if so, then shouldn't we expect an unscrupulous third party that buys CDS coverage to take actions aimed at causing a default, so as to collect on the "bet"?
Jeff Nielson
...
written by Jeff Nielson, February 12, 2010
Good points, JsJ - and further support to my own argument that the relentless coverage of Greece's situation was 100% for propaganda purposes, as opposed to being a legitimate "response" to the curiosity of Americans.

Yes, the "sudden" changes can happen without warning - but such scenarios are usually (to say the least) "highly disruptive". For my part, I plan on continuing to "shout from the roof-tops" about what is taking place, in the fading hope that change can occur "within" the current system.

This isn't purely compassion for my U.S. neighbours. It would get VERY uncomfortable for us here in Canada if the U.S. went through anything remotely close to "revolution".

Of course, if it takes too LONG, we might be needing a "revolution" here in Canada as well. If the Conservatives succeed in THEIR OWN attempts to sabotage Canada's democracy (through allowing corporations to "buy" elections up here like they can in the U.S.), then there will be no DEMOCRATIC way to rid ourselves of this government.
JsJ
...
written by JsJ, February 12, 2010
Americans have not yet been sufficiently provoked. When enough Americans get mad enough, the change will happen quickly. It will be quiet. The noisier a change in the U.S., the less important it is, because the media always emphasize the wrong things. The tea parties were an important first step, but it has to be shown that talking and arguing will not change things before scarier tactics are required.

No one wishes for a violent revolution. I happen to believe that it won't come to that. I do know, however, that the banking barons will get what's coming to them and more, but not before they finally cross the line.

Where is the line? No one can say. As you said, though, Americans don't much care about the rest of the world. When the enormity of it can no longer be denied then the elites will wake up to a different world. It will happen fast, and a lot will change overnight. American rage is a giant, snoring through history until some fool pokes him hard enough to wake. It's an ugly, ugly thing when Americans get mad enough. 9-11 got us mad enough. Pearl Harbor got us mad enough. And the current depradations will get us mad enough... but Greece's situation never will.

Write comment
You must be logged in to post a comment. Please register if you do not have an account yet.

busy

Latest Commentary

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12

Latest Comments

Disclaimer:

BullionBullsCanada.com is not a registered investment advisor - Stock information is for educational purposes ONLY. Bullion Bulls Canada does not make "buy" or "sell" recommendations for any company. Rather, we seek to find and identify Canadian companies who we see as having good growth potential. It is up to individual investors to do their own "due diligence" or to consult with their financial advisor - to determine whether any particular company is a suitable investment for themselves.

Login Form