SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Real Man1/11/2009 8:11:13 AM
2 Recommendations  Read Replies (1) of 71462
 
It's the Derivatives, Stupid! Why Fannie, Freddie, AIG had to
be Bailed Out

by Ellen Brown

globalresearch.ca

"It’s the best game in town. Take a huge amount of risk, be
paid exceedingly well for it and if you screw up -- you have
absolute proof that the government will come in and bail you
out at the expense of the rest of the population (who did not
share in your profits in the first place)."

Daniel Amerman

Here is his article, must read!!!

safehaven.com

FWIW, I disagree with him. After 2008 "investing for
the bailout" times may be over, as the Globe rightfully
punishes the originator of the mess and moves on with
its global business. But that's an optimistic thought.
The Fed is now at risk of being canned, as the public
animosity toward Wall Street will reach epic proportions.
We'll see more and more shifts toward "Let the f@#$%@ burn!".
That game is OVER. -g-
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext