TomUsher

There is good reason to question JP Morgan's concentrated short position in COMEX silver futures, and to investigate allegations that JPM used it to manipulate the silver market.

Tom Usher wrote or added | "...leverage refers to the ratio of investor's equity to the notional value of assets. ...Maguire and...GATA are...alleging...Christian's testimony amounts to...'an extraordinary admission' of '100:1 leverage in the LBMA Physical market'. ... Christian's testimony...goes out of his way to clarify...he's talking about the paper market, not...physical bullion." -- Erik Townsend


It's long & hedges but a must read.

Religious Freedom Peace Tax Fund Act of 2009 Sponsor: Rep Lewis, John [GA-5] (introduced 4/23/2009) Cosponsors (18) Latest Major Action: 4/23/2009 Referred to House committee. Status: Referred to the House Committee on Ways and Means.SUMMARY AS OF: 4/23/2009--Introduced.

Tom Usher wrote or added | The Religious Freedom Peace Tax Fund (U.S.) would be for the deposit of income, gift, and estate taxes paid by or on behalf of taxpayers who are designated conscientious objectors under law. Funds deposited in the Religious Freedom Peace Tax Fund could not be allocated to any military purposes.

Do you remember the movie called The Producers? The down-and-out director was fleecing little old women by selling them shares in his next play. Of course, he grossly oversold the number of shares and had to look for a play that was sure to fail. That way, he got to pocket the money and "comfort" th...

Tom Usher wrote or added | "...Mitch McConnell...started talking about 'this new taxpayer bailout'...as soon as the host pointed out that the industry, not taxpayers, provided the funding, he never used the term taxpayer again.... McConnell was obviously repeating a term, bailouts, Frank Lutz believes will turn off taxpayers."

"...Glass-Steagall Acts of 1932 and 1933...worked well for over 60 years; bring them back."

Truth!