Steve1 Political Rants

Unless you have a good rant for us to mock, you should take your club and go back under the bridge.

Troll_TUYLJ6.gif
 
This is a shame Why not here? We invented this!

http://www.pcworld.com/printable/article/id,186882/printable.html







More that 3000 Jobs.

Because some people decided it would be a good idea to placate global companies in the zest to be more profitable, have their stock prices go higher, and also deliver cheap PC's to their whiney constituents that think PC's should all be under $300.

Why would they produce anything here, with cost of living higher, and nasty things like benefits and taxes to deal with?
 
No the whole thing is on the CDS's Again I will help; They Have NO Dam Value these CDS are backed by another CDS and so on, Who in their right mind would invest in these ? Like Piles of REAL money into this scheme! Sounds like a globe wide con game.

You'd have to wonder how these securities multiplied during last decade. Goldman Sachs, under Paulson, became a double dealer of them. Packaged loans were sold by Goldman, which in turn went to the back room to bet against them. Wildly successful they were. My guess is Paulson was hired on as TS to navigate the government through some very nasty times. Not to mention save a few favored firms.

Without the neat new markets, free of most regulations, last decade would have been a complete flatline at best, if not negative. If not for that nasty bubble, we'd still be an ownership society.
 
You'd have to wonder how these securities multiplied during last decade. Goldman Sachs, under Paulson, became a double dealer of them. Packaged loans were sold by Goldman, which in turn went to the back room to bet against them. Wildly successful they were. My guess is Paulson was hired on as TS to navigate the government through some very nasty times. Not to mention save a few favored firms.

Without the neat new markets, free of most regulations, last decade would have been a complete flatline at best, if not negative. If not for that nasty bubble, we'd still be an ownership society.


No I think the problem came in with the Locusts who bought the CDS on the cheap of a company and proceded to drive the value up by Short selling,

then "cascade investment" so to say taking the profit a half dozen times ,Now comes along the CMO's that were in some cases insured by the CDS Now in one case Goldman went to AIG with the iffy CMO's and when AIG tanked the Taxpayers Via Scumbag Geithner paid IMHO they should be outlawed in this country.







10hul2o.jpg
 
No I think the problem came in with the Locusts who bought the CDS on the cheap of a company and proceded to drive the value up by Short selling,

then "cascade investment" so to say taking the profit a half dozen times ,Now comes along the CMO's that were in some cases insured by the CDS Now in one case Goldman went to AIG with the iffy CMO's and when AIG tanked the Taxpayers Via Scumbag Geithner paid IMHO they should be outlawed in this country.

Little correction, Lee Harvey. AIG got bailed out in August and September 2008. That would be under Hank Paulson of the Bush Administation with participation by Geithner. Just wanted to make sure you realized there is blood on both of their hands, but the one wielding the knife was Paulson.

I am still trying to figure out where each of your sentences above stop.
 
Back
Top