"The fate of the country does not depend on how you vote at the polls -- the worst man is as strong as the best at that game; it does not depend on what kind of paper you drop into the ballot-box once a year, but on what kind of man you drop from your chamber into the street every morning." ~ Henry David Thoreau
"The strange volatility we’ve been experiencing in the markets is occurring because there’s is a massive derivatives melt-down going on behind the scenes. The Fed is engaging in an enormous reverse repo operation in order to prevent the global financial system from collapsing. The ONLY REASON the Fed would need to inject massive amounts of Treasuries into the global banking system is because there’s an extreme shortage. A massive derivatives accident requiring MASSIVE amounts of collateral to be posted has developed:"
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