Jamie Dimon and Obama: the bromance is back on!

[Brian4Liberty]

It was no secret in DC that Jamie Dimon and Barack Obama were bromantically linked. Their little spat over the rhetoric surrounding potential financial regulation was also well publicized. Well, there is good news for all of the tabloid followers of the Obama/Dimon bromance: It's back on!

The bad news is that Obama is talking to Dimon about government policy again. Obama, as are most politicians, is a spending addict, and the drug he prefers is debt. Dimon and his fellow Wall St. banksters are the dealers. No doubt Dimon's recommendations to Obama will include more government debt (filtered through JP Morgan and friends), and some accounting tricks to try to hide the amount. What worked in Greece for so many years should work in the US, right?

The Delicious Jamie Dimon: Obama's "Favorite Banker" (http://open.salon.com/blog/saturn_smith/2009/07/20/the_delicious_jamie_dimon_obamas_favorite_banker)

Jamie Dimon, JPMorgan CEO: I Was Never 'In Love' With Obama (http://www.huffingtonpost.com/2010/10/19/jamie-dimon-obama-_n_768299.html)

Jamie Dimon Visited Obama Yesterday (http://www.businessinsider.com/jamie-dimon-obama-2010-12)

More background in this thread:
http://www.ronpaulforums.com/showthread.php?t=271280

[Liberty_Mike]

For those of you who don't know, Jamie Dimon sits on the board of directors at the New York Fed.

[Bern]

Jamie Dimon shits diamonds and pisses ambrosia.


...
“It’s all about the bond auctions, the bond fell off a cliff. In the derivatives market you’ve got JP Morgan playing the bond market at the behest of the Fed, going long 30 years versus selling short-term paper. They buy 30 year paper and then immediately hedge themselves by selling the 30, 60 and 90 day paper. It’s how they keep interest rates down, it’s how you do it.

The only reason interest rates are not in double digits in the US is because of this game. These guys are short front month paper. If this (the bond market) actually fell much longer, JP Morgan could be wiped out, I mean they would be liquidated. The Fed cannot allow them to do that. We’re witnessing history here.

Money flowing out of bonds is going into precious metals. So what they are doing is trying to paint the tape and make it look like a double-top in gold, with silver also retreating. Open interest went up into the decline, this is a gift (the decline). Asian buyers are laughing, we’re like a cartoon to them. They cannot believe how orchestrated this is.”
...

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/12/9_KWN_Source_-_Gold_Will_Move_$150_Higher_Within_5_Weeks.html

[Brian4Liberty]

For those of you who don't know, Jamie Dimon sits on the board of directors at the New York Fed.

Thanks for reminding us! ;)

He is also the CEO of the biggest bankster conglomerate in NY (JP Morgan/Chase Manhattan/Bank One/Bear Stearns/Washington Mutual).

He just doesn't get the publicity of the smaller fish like George Soros and Lloyd "Doin' God's Work" Blankfein...