Count Drag-hiu-la "He wants to suck your bond"

The Central Banks evaluating, planning and the decision making process has not been working so far, they have lost sight of the peoples need and expectations. The new normal is Central Banks exporting deflation to on another by printing money, to buy financial assets including sovereign bonds. While the amount of eligible collateral is becoming scarce. Where are the days of practical supply and demand? In the early 2000's Japan was the first to do this, at the height of crisis and it was too late, we are seeing the deflation outcome of mass bond buying in Japan. The main effect is on the currency it ruins and the exchange rate. Just like Japan the ECB may have been too late.
As the European Central Bank (ECB) announced that 1 trillion in Quantitative Easing (QE) will be the only answer to the lagging economy and Euro crisis within the Euro zone. Fundamentally if an economy has the potential for recovery, they leave the interest rates alone. The economy has been unable to reach sustainable growth, they are dependent on exports, so they also have to make sure the Euro does not gain excess strength adding risk to the export market. The QE starts march 1st, with the rate the Euro is dropping it wont be soon enough. The Euro debt is too large to just sit on, unexpected events or risk looming, so much can take place until QE starts.
Mario Draghi who has been the President of the ECB since 2011 when he replaced Jean-Claude Trichet, has been vigorous in convincing the ECB members that QE is the only answer. Draghi who was named by Forbes as the eighth most powerful person in the world, has a resume of a conspiracy writers dream. He is a member of the Group of Thirty (G30) consisting of privet, Central and major bank heads and even some former Central Bank heads from Brazil, Japan, Italy, Argentina, India, Israel, Italy, Mexico, Poland, Singapore, Spain, Canada, Britain, France and Switzerland. Stuart P.M. Mackintosh, Jacob Frenkel, and Paul Volcker along with two Chairmen from the ECB and two chairmen from the New York Federal Reserve, members from international and academia institutions, even a chief economist of the World Bank. It continuous with a chairmen of the Bank for International Settlements, two chief economists from the International Monetary Fund and a chairman of the Basel Committee on Banking supervision. The G30,s chairmen is Draghi predecessor Jean-Claude Trichet. The group started as the Bellagio Group in 1963 by a Austrian economist Fritz Machlup who wanted to investigate the balance of payments crisis and currency problems in the 1960,s. In 1978 Geoffrey Bell started the G30 after a invitation from the Rockefeller Foundation who gave the initial funding to start the G30. If the connections to Rockefeller was not enough Draghi was also the managing director and chairman of Goldman Sachs. One may think this to be a major conflict of interest since he is also the president of the ECB, and perhaps could have a outside agenda. Draghi was also the Italian Executive Director at the world bank, later director of the Italian Treasury, then governor of the Bank of Italy where a loan secured with bonds of two billion Euros to the Monte dei Paschi di Siena (MPS) bank. The Italian Central Bank (Draghi) was making decisions that the Parliament and the public were unaware of and the end result was tax payers repaying the debts with interest and the MPS got government bonds and the ICB ended up with junk bonds. Draghi used this as a foundation for a system that protects privet banks and their owners from nationalisation and economic collapse.
Draghi had been pushing for QE from the start, Greece possibly exiting the Euro, and uncertainty in Ukraine, the "low-flation" in the Euro zone economy Draghi knew he would succeed with QE. This was to be expected by the market and you see it in the sovereign-bond market as the yields fall. Historically the ECB has given ample notice in regards to their decisions, when they had their meeting earlier this month it was a 9-0 vote for QE, only one man Mr. Weale stated that a hike was needed and they pushed back the meeting. The risk of QE is high and banks take on a 80% of the risk in sovereign bond buying, some banks have buffers others do not. Other bail out counties will be massively impacted unable to purchase until it redeems debt and given a limit on holdings for the sovereign issuer.
Negative Rates encourage physical cash, metals and real assets like real estate. This all would equal the opposite of the end game. The Government drives prices up and the people who save lose, and the wants of Government drive the innovation instead of how it should be where Government technology drives price down and consumers drive the innovation. As it stands we pay them to give us our own money.
The total Forex reserve is an estimated 12 trillion, half the government will invest, about a quarter in held in Euros and anything sold by a CB most likely will end up in the privet financial sector, so who knows how much will end up injected into the manipulation of the market. Why do we have to pay for the risks they took ? Well knowing, if there is risk, there will be loss. Don't forget, this will only work the way "they" intend it to.

"State of Division" Obama's 2015 pitch

      I do believe that behind closed doors the squad of political show dogs of our government are all together alike, a league of corrupt teammates stroking each other ego's and pushing for a common purpose. For the most part they all get along and give a certain amount of respect to another when and where it is due . However, after Obama State of Union address last night big government appears to be more divided than ever.
     The frustration and hatred was tangible by the newly formulated republican clique. John Boehner sat behind Obama awkwardly, refusing to applaud or stand. Showing obvious disagreeable facial expressions while holding back eye rolls as the president spoke. The pretentiousness of Obama's ego seemed to be fueled by the energetic applause of the Democrats. Biden was Obama's cheerleader, hanging on every word with nods of approval constantly showing his suppot. Obama used a tactless approach of fabricating the facts and commending himself with admiration by exaggerating the positive aspects of our nation that his administration took credit for. It would be wonderful to think all that pazazz and energy  Obama showed would have come during his presidency, flooding back into our nation writing new bills, passing, vetoing and changing laws all to better our nation and people. The sad fact is much of what he said was just plain inaccurate.
      He brought up how close we are to closing Guantanamo Bay. They have been trying to shut down Guantanamo Bay since 2008, spending millions on each individual there and even more on trying to shut it down. Many anti-American terrorists are proven to be recruited from there. Obama, if you are going to threaten a Veto or executive orders just do it! Jobs for the vet's that come home has been big issue, they fight for our country but when they return can even find a job to support their family. While we are happy to hear about the increase of jobs for our vet's as they return. On the other hand I could bet if we handed them the money we are spending and have spent at Guantanamo it could quite be around a million dollars each. Even if they spent some, if any of the capital it took to get the closing approval through congress. Now that really would be beneficial to them. Obama has majority in the Senate and in the House, he could have closed it many times in his terms. Could you just imagine all that money spent on our vet's and their family's would have given them the reward they deserve, our patriotism would skyrocket out of control, enticing so many people to enlist and fight for our country.
      Obama didn't mention anything about our debt problem and finding a long term solution for it. There wasn't real talk of economic growth and equality.. His points were wonderful and if he was campaigning this would have been a great speech. To be so egocentric while in your last years, enough to say that he set aside more waters and public lands than any president. That is true, however lets focus on the word "waters" because up until last year his four predecessors had set aside more acres than Obama. Even George Bush trumped him. Out of six years the last year Obama expanded the Pacific Remote Islands National Monument from 87,000 to 490,000 square miles. The expansion is mostly water. Any "saving" of our land and setting it aside is a good thing. It just is odd that he did it so fast and the location in mid-ocean doesn't have much fishing, drilling or extraction of underwater resources that the "saving" protects. Making such a bold statement that  "he set aside the most in history" made him look like he had been doing it for years, not just his last. Not to mention that the government can sell them to privet interests, to pay off debt from military or war anytime.
       The power trip continued when the "growing" economy was brought up, smiling as if he didn't know the facts many people sat unmoved knowing the truth. Our median household income is only four percent higher than it was December 2011, when we bottomed out and still almost five percent lower than December 2007, when the recession began. The hourly earning rose 1.7 percent in the last twelve months. Research states that it is still half the rate for achieving a "healthy Economy". New jobs in Internet, technology, media and many mid-level jobs grow in general with the population. We are generating jobs, lower paying jobs that people have to work harder for. There are 1.7million less workers with full time employment than 2007 when the recession began. Since the "end" of the recession, the employment rate has been steady at around two percent, that is barely ahead of inflation. The typical rate for a healthy economy is around four percent so it, still below where we NEED to be. Seven years later and we have not recovered.
      Energy was a big topic and of course we have been working on alternative energy since 1973, fracking was at an all time high until the oil crash, now the Federal Reserve will have to bail out the fracking debt along with oil production debt. We can then blame it on the Earthquakes or something like weather.
      The parties that bankroll both sides all know none of these reforms he is proposing will pass. I would love to believe that he truly cares about the individual at the bottom, and middle class. Obama knows having a republican Congress and Senate will prevent the passing. All the high fives, his statement that "Crisis has Passed". The only thing that has passed is any hope for real economic growth. The worlds media obsessed and just believe what is said, the powers that be keep people blind and comfortable. Besides tax, the reason they made marijuana legal and push prescription drugs is to keep citizens passive high on one drug or another. If  people all knew what is really going on and how corrupt the world really is, whats really coming it would be chaos and instead of investing in the market people would buy guns and gold and stockpiling food and weapons.
     The reality is we went from six trillion to eighteen trillion in debt, yes the yearly "deficit" has been shrinking , the DEBT was never addressed, big difference.