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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Box-By-The-Riviera™ who wrote (102345)3/25/2009 11:19:59 AM
From: LTK0071 Recommendation  Read Replies (1) of 110194
 
Only 27 recommendations? :) i want to show this from The Spear Report today, that in RESTROPECT they now see where you were then-- but at the time they were not having ideas, they were watching, and going "what's this?!":)

Problem is JD, if what you put forth at that time of it all was going down and it had been actually done we wouldn't now be in this point of return.(Need laud Jim Rogers here also, he was in the Let The Die!! from the start)
And TSR wouldn't be writing this today
"One wonders whether the outright failure of AIG might have
precipitated a necessary cleansing that would have been healthy in the long
run for the global financial system.
Instead, we have zombie
corporations
much like they had in Japan, where incestuous social
loyalties
prevented the government from cutting the largest banks
loose for 10 years.>>

"Incestous social loyalties" Yes, much of this crime has been that of the oligarchic nespotism of the "good old boy" chain of power.
Of which, Obama, by rising high in the ranks of The Achievetron cartel, the Harvard Branch, has been via achievenomics and CORRECT BEHAVIOR thus been graced with membership in this "Good Old Boy" Gang, the Ruling Oligarchy of the U.S.
In picking his cabinet he immediately surrounded himself with those ALREADY members of this Elite Club, so elite, it rules this country, and only in the favor what the Gang of Oligarchs Want.( o yes he wasin like 2007early 2008 he was INVITED to be in the CFR--one ONLY becomes a member by INVITATION only and he was attending meetings of the CFR at least during 2008)
i link to the brilliant article by Lewis Lapham, The Achievetrons, to give my comments substance, showing some of the source material.
This link is just to a post ON THIS THREAD
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