BSmithers
Senior Member
Registered: Aug 08, 2008
Posts: 111
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Investigator
Prophet/Sage
Registered: Aug 08, 2008
Posts: 92
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Reply with quote | #62 |
Seig Heil?
Well if it isnt Abba Lerner.
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Investigator
Prophet/Sage
Registered: Aug 08, 2008
Posts: 92
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Reply with quote | #63 |
Steve writ:
It's a fact that The Investigator has been posting to this site for over five years, and it's a fact that his accuracy has been well north of 90%. He yelled from the mountain top about derivatives and put up with my asking him over and over to explain to me what a derivative was. He accurately called Goldman-Sachs and the rest of the crap we're now seeing. He called the AmeriServe bankruptcy.
Everything he's said has been posted for all to see. A reporter from the WSJ even reviewed his missives on the upcoming financial debacle, but said it was "too complicated" to be interesting.
Live and learn.
Yes it's true, there are over $700 trillion outstanding in derivatives obligations. Even the dumb Wall Street Urinal knows it to be true. This mass of paper cannot be paid off. The system is bankrupt!
There is no way to maintain this much paper short of a Hitler policy (and even that wont work) and this is what is behind the Obama health care policy.
Y'all might make note of the fraudulent "Nobel Peace Prize" awarded President Obama. This was done in an effort to prop him up with some more fake press.
As far as Ameriserve it wasnt hard to figure out the outcome once I saw their CEO was son-in-law to organized crime family "The Jacobs" family out of Buffalo NY. John Holten the supposed Norwegian national was son in law to Jeremy Jacobs of the old Emprise/Sportsystems "money laundering" apparatus.
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CheshireCat
Senior Member
Registered: Jan 30, 2009
Posts: 145
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Reply with quote | #64 |
ZZZZZZZZZzzzzzzzzzzzzzzzz.................... Shouldnt you be washing sheets for your next Klan meeting?
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"Don't worry about temptation ....... as you grow older, it starts avoiding you" |
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Registered: Aug 08, 2008
Posts: 92
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Reply with quote | #65 |
"We're entering the final stage, and everyone is maneuvering to get the best possible deal," said Drew E. Altman, president of the nonpartisan Kaiser Family Foundation. "The odds of passing legislation are steadily moving up."
Administration allies said Obama will return to his role as chief salesman when it becomes clear exactly what he is selling. Behind the scenes, he continues to nudge lawmakers without making explicit demands, Capitol Hill staff members said
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rat
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Registered: Sept 29, 2008
Posts: 51
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Reply with quote | #66 |
This is all so complicated ...perhaps we could appoint a Czar or something just as good to investigate and report back to us.
Just a thought.
-Rat Bastard
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Posts: 92
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Reply with quote | #67 |
WASHINGTON - Treasury Secretary Timothy Geithner acknowledges the federal budget deficit is too high, but that the priorities now are economic growth and job creation. Asked repeatedly on NBC's "Meet the Press" whether this means taxes will rise, Geithner avoided giving specifics. He did say President Barack Obama is committed to dealing with deficit in a way that will not add to the tax burden of people making less than $250,000 a year. The White House has not decided how to reduce the red ink, Geithner said in an interview broadcast Sunday. [Yes, they've decided how to deal with the red ink (from the $24 trillion bailout of Wall Street), they plan to pass a Hitler healthcare policy.] Dramatically more stable’
A bright spot in the recovery identified by Geithner is the banking system, which he said is "dramatically more stable" because of the government bailout. Geithner said that just one year ago economic activity came to a standstill as major financial institutions shut down due to lack of liquidity.
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Prophet/Sage
Registered: Aug 08, 2008
Posts: 92
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Reply with quote | #68 |
What did I write in post #22
"Watch October, the other shoe will drop. The financial/economic collapse will strike again between now and the end of October".
Well I was off by one day
http://www.msnbc.msn.com/id/33576310/ns/business-us_business
Now compare this CIT bankruptcy to what Treasury Secretary Tim Geithner said on Meet the Press, just the other day.
A bright spot in the recovery identified by Geithner is the banking system, which he said is "dramatically more stable" because of the government bailout.
Our fate is in the hands of incompetents, suffering from a severe delusion that they can "bail out" the bankrupt US financial and banking system. With $700 trillion in bad paper there is no way to bail out the system. And this is why they're pushing for a Hitler modeled euthanasia policy.
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