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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: bond_bubble who wrote (59407)	4/24/2006 11:20:23 PM
From: Broken_Clock	Respond to of 110194

Well, I'll play my song one more time. I agree with you. And I think JPM et. al. know the fix is in. In case of a total meltdown the Bush cabal(or whoever is in power at that time) will declare a terrorist emergency event(blame China no doubt) and coerce electronic aka digital money upon us thus giving themselves total control of society. The key is to force the explosion by letting the little credit card campfire become a raging debt inferno that consumes and terrorizes all in the path. Seriously, how easy would it be in such an instance for anyone to cash in and flee the country at this point? Not very, which means all our digi-savings will accessible only by permisso of Homeland security. We already have no fly lists. No buy is next.

To: bond_bubble who wrote (59407)	4/25/2006 12:24:55 AM
From: shades	Respond to of 110194

You believe BT will survive. So will JPM, CFC etc. Only time will tell if we are at the terminal stage or not.... Chromatic told you to read a book by william black - did you? How familiar are you with the keating 5 and john mccain? How is he still around with so much power and influence - he was a crook eh? He says you are too sorry to pick a head of lettuce for 50 dollars an hour - do you agree with him? See it all blew up back then - and was there any REAL CHANGE? William Black says no. Why should the shareholders of fannie mae pay thier profits for fines because of the actions of a few evil crooks? See I think companies can be imploded and rebuilt, governments too, whole societies even. That is the way the system works Jay. I keep asking chen over and over and over - to get REAL change - it doesn't matter if JPM is obliterated tomorrow - or if BT collapses - what really changes? You mistake that I believe they will survive or not. I don't think it is relevant - nor is it relevant how many holes chen digs and hides golden metal in. None of that matters - the real change comes with new memes. See if tomorrow it all implodes - and we still have the hundreds of thousands of dilbert finance managers all over the globe to pick up the pieces - we won't get any real change. So the ESSENCE of jpm - the "brain and heart" if you will - the "CULTURE" it will survive Jay - no matter what happens to the actual name of the organization in some accounting book. Ok so BT becomes insolvent - the gubbment decides to shut it down - like arther anderson got shut down - does that kill the culture that spawned the evil? Why do these institutions go down the dark path - it is a collective action of its parts correct? The parts are people and the people do the things they do because of beliefs and ideas. If you don't fundamentally change those beliefs and ideas - you don't get real change. I am becoming more and more of the mindset that change like that only comes with each successive generation. I just posted a link how detroit is still building V8 engines like crazy - the "culture" is hard to kill Jay - even if you kill the companies, the gubbment, the people, that CULTURE is what needs to change first. Many people are going down in detroit, so are many companies, but the MEMES are not changing - we are still pouring out v8's while foriegners eat our lunch. Here is some more reading for you about REAL change - if you are interested. Meme progression through our people. pespmc1.vub.ac.be If not - tell me - tomorrow all these short sighted crooks that got us in this mess - the loan officers - the crooked OCC heads that are in the pocket of fannie and freddie - the corrupt politicos - the lendingtree crooks - all of them - tomorrow it all goes BOOM - but all these people with thier evil memes are still around - what really changes? I worked at IBM - watson had a manager there - he made a critical error once - cost the company over 10 million dollars - this was back in the old days of IBM - like the 50's I think when 10 million was a lot more wealth than now. Watson called in this manager and the manager had his resignation ready - and watson looked at this guy and said are you nutz - I just spent 10 million educating you - dont screw up again. My uncle used to tell me - shades - you can keep plucking weeds out of the grass all day long, they will come back - get weed killer - they come back - pour concrete over the whole damn yard - no more weeds - HAHA! what a crazy guy my uncle! If BT and pension gauranty in this country goes boom tomorrow - will thier be a change of who is running the ship? Will hundreds of thousands of dilbert finance guys be put to work picking mccains lettuce and never to make the decisions of the rest of us ever again - I don't think so - so you see no real change. When chen shows me they are willing to go to every national, state, and local body and oust significant numbers of people having this bad "memes" then change will come that matters - so far it looks like the change is only gonna come one funeral or retirement at a time.