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.
Politics : American Presidential Politics and foreign affairs
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sandintoes who wrote (34162)3/18/2009 1:13:45 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
The politicians KNOW EXACTLY who they are working for:

Message 25503520

==========================================

Re: "So what. We elect politicians to represent us...that is what we need to pay attention to...and demand that they answer why are they not doing so properly."

So... who sez that the politicians are not 'properly doing their jobs'????????

Seems to me that they know *exactly* what side their bread gets buttered on --- and they are representing the Big Money Interests with vim and vigor and overtime work! :-)

Example: The AIG "bail-out".

Big Banks and Hedge Funds all around the world - notably Goldman, etc. - buy hundreds of BILLIONS of totally *unregulated* Credit Default Swaps from a 'cowboy' gambling shop run by AIG out of London... and *most* of those CDS 'insurance contracts' are sold to these allegedly financially astute institutions with ZERO COLLATERAL set aside to back 'em up.

Then --- (surprise, surprise!) --- these 100% UNREGULATED, NON-EXCHANGE-TRADED PRIVATE PARTY TRANSACTIONS with ZERO IN COLLATERAL BACKING turn sour and rot like the head of a dead fish.

Ooops!

But, that's alright because the politicians HAVE THE BACK of all the big financial interests! They simply MAKE THEM ALL WHOLE ON THE FRAUDULENT CONTRACTS, AND PASS THE COST ALONG TO THE GENERAL PUBLIC, THE TAXPAYERS.

You see?

All is right with the world! The politicians know EXACTLY who they are WORKING FOR!

Message 25503529
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News