BAILOUT SCAM! —–> AUTHORITY TO SUSPEND MARK-TO-MARKET ACCOUNTING

 FASB 157 (disclosure of Level 3 assets) never got implemented, and now its being suspended.   Don’t expect daylight to shine on the bank’s balance sheets any time soon.

SEC. 132. AUTHORITY TO SUSPEND MARK-TO-MARKET ACCOUNTING.
(a) AUTHORITY.—The Securities and Exchange Commission shall have the authority under the securities laws (as such term is defined in section 3(a)(47) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)(47)) to suspend, by rule, regulation, or order, the application of Statement Number 157 of the Financial Accounting Standards Board for any issuer (as such term is defined in section 3(a)(8) of such Act) or with respect to any class or category of transaction if the Commission determines that is necessary or appropriate in the public interest and is consistent with the protection of investors.

Augirl

It would do my heart good then to know Irish or someone got you out. That you will be okay. Many probably would leave if they could find away to make a living else where like Irish did, but he is an exception. The rest of us will just have to take one day at a time. I would rather enjoy life as it is short, and see the beauty in it than all this. But at this point it is getting pretty hard to ignore. So guess prepare and then go back to having fun..and enjoying the time we have with our family, friends.

Goldbug

Nobody meant any harm I am sure …but again it was just too hard to swallow for some when we had been beaten to near death so many times before and then a takedown would occur. Ya gotta hand it to the sob’s they were good

I hope we get to see this played out over and over

again…tears and all…..but I think it is wishfull thinking…

ca.youtube.com/watch?v=oYEkzKhFhFM

Sinbad Buymore

I am doing a horrible job of writing what I mean today. We need more time was not meant for me. I know you will make it and you will be here I know some others will too. My agony is for others. From the minute I smashed my passport on the floor in Tottsville 06 I knew these bastards would break this thing too soon. I also smell something wrong with this bill..don’t know what it is but something ain’ t right. And to have it come down soooo close to the passage or non passage of a B.S bill only goes to show us that they never never cared one iota anyway.

Fullgoldcrown @ 23:27

WOW!!!….a few months back,,, I tried to say something on the tent about shortages of Physical precious metals….

 and I got…..”STONED TO DEATH”

HELL BEFORE THIS IS OVER

NATO AND RUSSIA WILL JOIN ARMS

KICK THE USA OUT

AND NUKE THE WHOLE LOT OF US

GERMAN BANK IN TROUBLE

http://tinyurl.com/4fte65

Sinbad

You are fortunate. Us who are stuck in the city when hell breaks of what ever kind, it will indeed be very dangerous and will have to take greater precations, least till we can get somewhere else when all else are sleeping lol. I think we went through this martial law scenario during Nixon yrs. People buying guns.Im guessingthey will tell the sheep all is well as well as the shorts who can no longer short having to roll over long will create an illusion everthing is okay until after the elections or a few months. Then what, is beyond me.

from GATA

Submitted by cpowell on 04:33PM ET Sunday, September 28, 2008. Section: Daily Dispatches
Gold and Silver Dealer Reports ‘Unprecedented’ Shortage of Metals

By David Clerkin
The Sunday Business Post, Dublin, Ireland
Sunday, September 28, 2008

www.thepost.ie/post/pages/p/story.aspx-qqqt=MARKETS-qqqm=nav-qqqid=36223-qqqx=1.asp

A surge for demand in gold and silver has resulted in an unprecedented shortage of the metals for retail investors in recent days, according to Gold and Silver Investments, a Dublin-based firm that allows retail investors to speculate on movements in the value of precious metals.

Gold and Silver Investments director Mark O’Byrne said the supply of gold and silver available for small retail investors suffered a dramatic deterioration within hours on Friday, as wholesalers reported that government mints and refiners, the primary suppliers of the metals, had stopped offering new supplies.

“It’s absolutely unprecedented,” said O’Byrne, who said the shortages were likely to drive up the costs of gold and silver in the secondary market.

“This did not happen even in the 1930s and the 1970s, and will result in markedly higher prices in the coming months.”

According to O’Byrne, gold and silver were now easily accessible only in the primary market, which consisted of central banks and other major traders of the precious metals.

However, he said that minimum transaction sizes in this market were out of reach for most retail investors — at approximately $350,000 for gold and $135,000 for silver.

Ok tenters, I don’t

want to live in apocolypto world :-)

Goldielocks, promise to send me kevorkian if that happens TIA

goldielocks

I would agree that the situation for those living in the city is different and more dangerous. It is why I have not lived in a town of more that 2000 in many years. We have a 4 way stop, a dollar store, a grocery, a bootlegger, one copper, K-12 school, one restaurant, a hardware-lumber company,3 marinas, and a combination tobacco store-deli of all things. Lived in Atlanta for a few years and that cured me of the city life. Some cannot move and each must decide the best way to survive whatever may be coming-Mountainhouse may fit the bill for them. I did not mean to imply you made $ on Mountainhouse products-that would be a leap of reason.

PEOPLE VOTE THER POCKET BOOKS

EOM

Sinbad

I agree there are people who love scare tactics, to get what they want and must be wary of them. But I don’t think that is what this site is all about. If you check the menu at the bottom you will see so many pages on many issues. The problem today and our duck and cover era is that people are burnt out on it. Like the people who stayed in Katrina or Texas, so many panic warnings they just became desensitized to it. Im guessing some just plain stupid. Because they think if something happens, the Gov. will be there to save them. Learning to hunt fish and survive as a child was invaluable, but does you know good if you are stuck in the city. During the Sylmar earthquake I was stuck in the city about 18yrs and would of opted to be in the wild. There was looting, but no riots. As far as mountain house. If stuck in city till you can leave. All you need is hot water. Theory, if you are cooking bread, and your neighbors have none, they will smell the bread and come for it, maybe kill you for it. There will be a time where it would no be wise to have any fires..showing you have food or fuel. Maybe not at first, but as the food runs out.Thats when the mountain house would come in or cold foods. But at that point before it happens and people have settled down after store sweeps, Gov. food distributions which won’t be much..would be an exit point..before the food is gone.I used to have that life saving theory when feeding wild bears and their babys..I would recommend to no one, they smell fear or any loud or fast reaction can get you killed ect. Before they got done eating the last of what I had I would be gone. Oh I don’t sell mountain house, I don’t think that site does as they don’t have a reference thing with them.

Irish-always the way is’nt it?

I would like more time too. What I want is to be 40 again-then I’d be more up to all this BS. Still, there are other means to cross borders than Continental Airlines. Mexicans, Chinese, Guatemalans, Salvadorans, Muslims, Smugglers and thousands of others been doing it since the first make believe lines were placed on a map on some cave wall. Are all teh illegals in the US smarter than us? They have the guts to do what is necessary for a better, safer life for themselves and their family. Are they more capable than those here? The humans spirit is a remarkable thing for those who have not allowed themselves to be brainwashed by our pitiful education (indoctrination) system or the nannystate promises to fix each booboo. Don’t despair, it will be alright. And this financial crises was planned and caused by the same people now claiming they can save us. BS I say. This is what they planned and wanted, but they thought we would all beg the DC and NY thieves to save us from the hurt. Did’nt count on the villagers threatening to raise the castle did they? Keep focused on your situation there-we will be there for you when the time comes.