From the “Believe it or not” department…

“”"”
The teacher, from Vechta, Germany, says she was traumatised by the drawing, and claims the girl knew it would terrify her.
She had transferred to the school where a pupil from her former school had just become a pupil and told her new friends about the teacher’s fear of rabbits.
“We did it for fun and out of curiosity”, one of the girls told a court, adding, “We wanted to see if she would really freak out.”
School officials removed her from the class and now the teacher is seeking compensation for her terror and her loss of earnings, her lawyer Manfred Bormann told the court.
The case continues.
“”"”

www.telegraph.co.uk/news/worldnews/europe/germany/7657569/Teacher-with-rabbit-phobia-to-sue-14-year-old-for-drawing-bunny.html

but not even a penny drop at the pump

stockcharts.com/h-sc/ui?s=&p=D&yr=0&mn=8&dy=0&id=p07089123166

It means the Dollar’s “price” is rising while its “value” falls due to the tainted currency index pricing system not reflecting the fundamentals of value.  Of course, the currency pricing system was created for exactly this reason to blur trasnparency when paper currencies are under pressure.  This is the real reason Gold in Dollars is rising while the “price” of the Dollar rises as the Dollar pricing system becomes a game of smoke and mirrors during periods of aggressive Dollar inflation.

————————————–

“The dollar, as it gains ground due to the mirror image of the euro, becomes weaker and weaker due to overvaluation with no fundamental legs. The dollar’s time will come.”

Is beating the pants off of GLD. Look here:

stockcharts.com/h-sc/ui?s=PHYS:GLD&p=D&yr=0&mn=1&dy=0&id=p00123134252

that a meeting of European finance ministers is being held ON A SUNDAY. I recall that there were weekend decision-making meetings when there was rough going for some U.S. financial institutions in the past three years. So when we wake up on Monday morning it is hard to know what to expect. One thing is certain and that is that I dont have any idea what to expect on Monday morning with respect to the world value of the Euro, the U.S. dollar, or gold.

For me, the most puzzling part of this European riddle is that the historically unlikey partners of France and Germany, through decisions made by Sarkozy and Merkel this weekend, are likely to influence all of us this coming week because of unpredictable market reactions to their decisions. For me this is weird, bizarre and impossible to understand, nor to trust. Sometimes I think the simplest thing to do is to just keep on buying small amounts of physical silver and gold as one’s budget allows, and to take personal physical possession of the physical purchase.. Cheers. Equiz.

yep, all those speculators like Wells Fargo, Morgan Stanley, JPMorgan, Goldman, HSBC, UBS and etc.  - they be CROOKS more than speculators - but of course it would never be the governments fault.   There are no free meals - sooner or later - someone has to pay the bill!

Did you notice, the first blame goes to ’speculators’. Only later do the crazy debts get a mention. Same on BBC where the theme is - We’ve got to stop the ’speculators’.

When blaming speculators in general fails to stop the crisis, the next step will be to defend fiat by blaming ‘gold speculators’. Get ready. Stay low.

BRUSSELS – French President Nicolas Sarkozy and German Chancellor Angela Merkel say EU leaders have agreed to a European intervention mechanism to calm markets that have been rattled by the Greek debt crisis.

Sarkozy and Merkel spoke early Saturday following an emergency summit of eurozone nations that are worried the problems in Greece could spread to other countries, including Spain and Portugal.

Sarkozy also says European finance ministers will hold an emergency meeting Sunday to work out a plan to fight speculation against their joint currency, the euro.

European leaders also have agreed on a series of strong steps to stamp out the spiralling debt crisis, including consolidating public finances, bringing in the European Central Bank to ensure eurozone stability and possibly set up a European mechanism to preserve financial stability and prevent future crises like the one that has engulfed Greece.

http://news.yahoo.com/s/ap/20100507/ap_on_bi_ge/eu_europe_financial_crisis

Your list is just the start. Next you need to add the ‘User Pay’ fees for the things which used to be free.

For those of us away in far off lands with slow or limited access to the Net, the BBC remains a useful source of information. I can’t bear how naive Auntie Beeb can be, or how attached she is to an establishment agenda. Nevertheless, better than nothing.

Today on “The Interview”, they interviewed Michael Lewis.

“Michael Lewis was a bond trader in New York and London in the 1980s and wrote ‘Liar’s Poker’ about the giant egos that ruled Wall Street. Now he’s revisited the banking world in the wake of the 2008 financial crash and has written a book about the few outsiders who saw what was to come and bet against the sub-prime mortgage business. Michael Lewis tells Carrie Gracie that this time he’s optimistic that the financial world will be reformed.”

www.bbc.co.uk/programmes/p007dvhr

thanks for the bank closing posting.

rno

Bank Failures #65 & 66: Florida and Minnesota

by CalculatedRisk on 5/07/2010 06:37:00 PM
From the FDIC: First Federal Bank of Florida, Lake City, Florida, Assumes All of the Deposits of The Bank of Bonifay, Bonifay, Florida

Bank of Bonifay, Bonifay, Florida, was closed today by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. …

As of March 31, 2010, The Bank of Bonifay had approximately $242.9 million in total assets and $230.2 million in total deposits. …

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $78.7 million. … The Bank of Bonifay is the 65th FDIC-insured institution to fail in the nation this year, and the tenth in Florida. The last FDIC-insured institution closed in the state was Riverside National Bank of Florida, Fort Pierce, on April 16, 2010.

From the FDIC: Prinsbank, Prinsburg, Minnesota, Assumes All of the Deposits of Access Bank, Champlin, Minnesota

Access Bank, Champlin, Minnesota, was closed today by the Minnesota Department of Commerce, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. …

As of March 31, 2010, Access Bank had approximately $32.0 million in total assets and $32.0 million in total deposits. …

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $5.5 million.…. Access Bank is the 66th FDIC-insured institution to fail in the nation this year, and the fifth in Minnesota. The last FDIC-insured institution closed in the state was State Bank of Aurora, Aurora, on March 19, 2010.

Bank Failures #67 & 68: Arizona and California

by CalculatedRisk on 5/07/2010 08:09:00 PM

The previous post has summaries of three major stories today: Europe, market glitch, and employment report.

From the FDIC: Commerce Bank of Arizona, Tucson, Arizona, Assumes All of the Deposits of Towne Bank of Arizona, Mesa, Arizona

Towne Bank of Arizona, Mesa, Arizona, was closed today by the Arizona Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. …

As of March 31, 2010, Towne Bank of Arizona had approximately $120.2 million in total assets and $113.2 million in total deposits. … The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $41.8 million. Towne Bank of Arizona is the 67th FDIC-insured institution to fail in the nation this year …

From the FDIC: City National Bank, Los Angeles, California, Assumes All of the Deposits of 1st Pacific Bank of California, San Diego, California

1st Pacific Bank of California, San Diego, California, was closed today by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver….

As of March 31, 2010, 1st Pacific Bank of California had approximately $335.8 million in total assets and $291.2 million in total deposits. …

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $87.7 million. …. 1st Pacific Bank of California is the 68th FDIC-insured institution to fail in the nation this year, and the fifth in California.

That makes four today.

it’s friday, how many banks went under. maybe the fdic doens’t have enough fiat to close any more.

rno

i don’t know what is in the condensate trails of aircraft. some chemicals will go through a jet engine and remain intact in the atmosphere. some form of aluminum has been used to seed clouds to induce rainfall with varying effects. soil ph testing is standard around here when testing for the approriate fertilizer and conditioning application. over the past 20 years, the wildlife mix has changed greatly here. lots more deer, turkey, armadillos and hawks. lots fewer quail, rabbits, and mice and rats. i will contunue to follow the chemtrail theory.

rno

Kagan’s Goldman Ties Won’t Hurt Supreme Court Chances, White House Says

http://online.wsj.com/article/SB10001424052748703338004575230602921084726.html?mod=WSJ_WSJ_US_News_5

I see why Gartman exited his gold trade in Euro’s - might be some more upside but the RSI is getting up there.  JMO

Hi Redneck,

Regarding the poor yield on the wheat crops in your area, weren’t you the one who mentioned that you had chem-trails in that area….either past or present??? In other areas where there has been chem-trail activity, soil and water tests have shown that the aluminum, barium etc content had increased so drastically that both plants and animals were being seriously affected due to the change in the soil PH, not to mention the health hazard to the people. Here’s one short video that does a good job of explaining the issue with proof of the contamination through testing the soil and water.

http://video.godlikeproductions.com/video/Chemtrails_Beyond_speculationflv

I think, since this same thing (chem-trails) is happening all over the world, it is part of an organized agenda of TPTB to cause famine and disease to reduce the world population through basically ruining the productive soils by making them too alkaline to grow crops that normally are counted on to feed the population. Then, when most of the population has  been “eliminated”, a new chem-trail agenda will emerge with the primary ingredient in the chem-trails being sulphur, which will counteract the destructive alkaline PH and again bring it back into balance.

Maybe some soil, water, and crop samples should be taken for testing to determine if this is the problem, and if so, some air quality tests should be taken on days when the chem-trails are in evidence. Just some food for thought.

Maybe you can just bring your computater into the Doc’s waiting room, and show em all my new exercise video.  Maybe the Doc will want to make it a regular program for his patients.  If’n the first one works, memory tells me it is the best, but if not I will post a back-up.

http://www.youtube.com/watch?v=Aq_0dZgFgGw

http://www.youtube.com/watch?v=JN4lZcYtydU&feature=fvw

http://www.youtube.com/watch?v=qCiNJ_ppzRQ

After a strange week. Joy with Farmboy back in town. Maya peaked from the covers. Market went nutsy. Conspiraty theory’s in high gear.

Latest Rumor: Bix Weir to marry Lady Gaga:  Child to be named Adrian Gata Gaga.

You just solved two problems with your muddin music selection. One is, the B in Bo surely stands for BBQ. which sounds really good for dinner.

Problem Two, is I keep fallin asleep in one of the doc’s waiting rooms. Told him, either your gonna have to move my name to the top of the list, or change your elevator music to something more anti sleep inducing. He suggested I bring him a CD of something I would like to hear and they would see about playing it. Was thinking about burning him a copy of Mountain Heart Bluegrass….I think BO would do even better. Dont know if it would really help keep me awake, but it might cover up my snoring.

Following my nose to the BBQ Pit, Farmboy

Is that the sound of more QE thunder rolling down the tracks

www.youtube.com/watch?v=zvoeeq-BH4w

Ole Bo gonna show ya some steps to get through that mudpie………….

http://www.youtube.com/watch?v=cHs6f0mlkaM&feature=related

Well, just so you know. The Rev Goodright and his flock, at the House of Dog, have been praying that God throw down some punishiment on those Gators, AND thier die hard fans. Just in case your wondering why Nashiville got a taste of Noah & The Flood. (grin)

Was just listening to the radio and they said something about the SEC indicting several Ga Banksters, and some developer in Fla for fraud. The banks where closed a few months ago by the FDIC. Seems there was some hanky panky (80 Million worth I believe). Looks like a little justice might be passed out. In the scope of things, they probably dont warrant thier own lampost. In a cost cutting effort, maybe the little banker minions could be blindfolded, and forced to crawl back and forth across the Expressway in a game of ‘Playing Possum’?

I just recognized those rumbling sounds, its getting close to dinner time. Now which pills do I take before eating, and which ones are ‘desert’?? Geesh, what Im willing to go through so Irish can light the fireworks and Augirl jump out of the cake at 80!

Wishing all a great weekend. The way I figure it, The goldbugs won this week.

Thanks for letting me be a part of this group, Best, Farmboy

CFTC Warns, GOLD/SILVER Spikes?

Hmmmm….

WASHINGTON (Dow Jones)–The U.S. Commodity Futures Trading Commission issued a warning to the market on Friday to remind participants that speculative trading limits apply throughout the trading day as well as at the end of trading.

Timestamp, 11:15 Central time

Now let’s look at two charts.

You don’t think that GOLD was being speculatively shorted beyond intraday position limits, do you?  That oval, by the way, is right when the announcement was made.

Or shall we look at SILVER?

Naw, there’s no evidence that “someone” (or a few someones) were breaking the law here, is there?

Nobody would ever close out unlawfully-held shorts after being warned by the CFTC, would they?

thanks for the warning about the Gator Tags - maybe I can go to Florida thru Alabama as they beat us last year.  Not sure I can help on this years game - after what them GA boys pulled three years ago - I figure them GATORS are gonna beat the snot out of them DOGS just as bad as they possibily can in any games in the future - now it may be that they can’nt get’er done but if they can they will.  Something about no love being lost or something!  It even makes it worse because that big mouthed coach at Tennessee only lasted one year and turned tail and ran to to the condom place in California - the GATORS hated him even worse than the DOGS - now they can’nt take it out on him - sooooo………

GO GATORS!