US creates government sponsored Bad Bank

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US creates government sponsered Bad Bank

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Bad Bank
Paulson, Pelosi had the task to announce the "Bad bank" creation finally by the US government. Originally the banks themselves proposed a $70 bn "Bad bank". Obviously the $70bn would have been just peanuts. That means the US heading for inflation next year. Everything in the Supermarket gets more expensive, bread, meat.

Dow jones 400 points up, how long ?
Institutional investors have no joice. They must stay in the game. No other place to invest. Computer orders cause a frog jump in the jar, three days later the frog is down again on the fear of inflation. The $500bn non verified hedge fund offshore money has no chance to inject the money in the real production process. They believe goverment will open a new gambling hall for them, what an error. To pay the soaring dept of the US $70bn have to enter the US daily.

Newpaper comments EU
European newspapers say US has to stop costs of war and the military budget signed this week $613bn topped by $300 bn upfront Bad Bank loans bailed out, $ 1 trillion to pay by the taxpayer? The rich are offshore, the middle class chased out of their home, so nobody able to pay the bill means inflationary printed dollars.

European crisis bad loans
Top secret, the spanish home builder collapse ended the boom, now bad credits have been sold to the ECB european central bank. Nobody should know. Why can ordinary people not sell their bad loans? They are worthless, no buyers. If government entities say they buy, that means they just pay with inflation money. Result food prices soar in european super markets. The european union has for sure no shortage of food, prices increase on inflation caused by speculators bad loans