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To: mishedlo who wrote (106778)	1/18/2010 5:13:25 PM
From: Skeeter Bug	3 Recommendations Read Replies (1) \| Respond to of 116555

>>But the banks did not get together and say "hey, let's collapse the system so we get bailouts but the small banks won't and we will win."<< so you believe that the banker instituted debt based monetary system is sustainable without crashes? if not, then you agree with me - the FOUNDATION of our system is fraudulent and GUARANTEES crashes over time. this is just another crash in a long line of crashes. why? b/c the bankers get an effective tax on the money supply and more debt is required to pay back previous debt. the bankers KNOW this. they don't tell people, they don't let the traditional people tell people this. the fed won't tell you. the treasury won't tell you. if the foundation of our system is corrupt to benefit the banker and they know it, there is a conspiracy to transfer wealth from the people to the banksters and to control government to loot the people when the system collapses as it is guaranteed to collapse. here is a pictorial view of our current collapse.. market-ticker.org this is nothing new. ask 100 random people and i bet not even one will answer "debt" when asked "what is money?" why? the money power is the most important power within a nation yet we don't learn about it or the battle between the bankers and the public control of the money powers... youtube.com i always wondered why personal finance was never taught in public school (and probably not in private school). no more. --------------------- "The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, and more selfish than bureaucracy. It denounces as public enemies all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe." Abraham Lincoln "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson "The bank was saved but the money was ruined." William Gouge (1796-1863)

To: mishedlo who wrote (106778)	1/18/2010 7:03:54 PM
From: Hawkmoon	2 Recommendations Read Replies (1) \| Respond to of 116555

Well Mish, if you haven't been following Zerohedge and their call for Davis-Polk to answer a FOIA request for all communications related to Morgan Stanley, the Fed, and AIG, it's interesting reading: zerohedge.com zerohedge.com And it appears that Davis-Polk was "hired" (by someone) to write a "bank bailout" bill proposal for the Treasury Dept to send to Capitol Hill: A bill sent recently by the Treasury to Capitol Hill would give the Obama administration extensive new powers to inject money into or seize systemically important firms in danger of failure. It was drafted in large measure by Davis Polk & Wardwell, a law firm that represents many banks and the financial industry’s lobbying group. Mr. Geithner also hired Davis Polk to represent the New York Fed during the A.I.G. bailout. Treasury officials say they inadvertently used a copy of Davis Polk’s draft sent to them by the Federal Reserve as a template for their own bill, with the result that the proposed legislation Treasury sent to Capitol Hill bore the law firm’s computer footprints. And they point to several significant changes to that draft that “better protect the taxpayer,” in the words of Andrew Williams, a Treasury spokesman. nytimes.com I think we're seeing a major COI involved when we're seeing a Financial Law Firm doing lobbying work also involved in writing legislative proposals. I know it happens, but this seems pretty blatant. And yes.. maybe they were reckless attempts, but do we see the same kind of reckless attempts to save small business and entrepreneurialship in America? I'm not seeing much of it. But maybe I'm blind.. ;0) Hawk

To: mishedlo who wrote (106778)	1/18/2010 8:04:44 PM
From: pogohere	2 Recommendations Respond to of 116555

"The most eminent anti-business conspiracy theorist of the past was Adam Smith. In a well-known passage from Book I of The Wealth of Nations, Smith said "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices." " keithrankin.co.nz

To: mishedlo who wrote (106778)	1/18/2010 8:12:12 PM
From: ggersh	4 Recommendations Read Replies (1) \| Respond to of 116555

Whether it be a "Conspiracy" or not, what we have is no rule of law. Yes it can be considered to be the same. The powers that be have decided this is a country for "Corporations" whereas the "Constitution" states it's a country "for the people". Once they made "corporations" to have the rights of people it was all lost. Was it a conspiracy or not is meaningless. We've been screwed, bottom line. So your answer is yes it was planned. And it did benefit all the big banks.

To: mishedlo who wrote (106778)	1/18/2010 8:26:32 PM
From: NOW	3 Recommendations Read Replies (1) \| Respond to of 116555

"hey, let's collapse the system so we get bailouts" sine you are parodying conspiracy using this straw man, please educate us: who is making this argument???

To: mishedlo who wrote (106778)	1/18/2010 8:29:08 PM
From: NOW	1 Recommendation Read Replies (1) \| Respond to of 116555

i thought you just told me there were not conspiracies amongst the rich and powerful to get more rich and powerful? Which is it going to be? Yes or NO? You cant have it both ways <Were there conspiracies along the way that benefited JPMorgan and the big banks? Yes> <Please name the "bunch of rich and powerful guys who conspired to get richer" If you are talking 1913, well I agree and it is well documented. If you are talking last two years or even last decade, please name them. I want to know who is in on the conspiracy.> You sober?

To: mishedlo who wrote (106778)	1/18/2010 8:49:20 PM
From: suanny	2 Recommendations Respond to of 116555

No conspiracy,just powerful labor unions and stupid politicians and officials are the cause of all our problems.The unions, that are so powerful they couldn't avoid trade bills that will cause american labor to compete with slave labor.Most union contracts haven't changed much in 30 yrs. outside of annual raises that basically did not keep with cpi.Anyone with knowledge of unions,is aware that the remnants of unions today are anything but powerful.In many cases they are percieved to have advantages to non union workers because it takes longer to take benefits from a union laborer than an individual working for a corporation.If enough people take Mish's viewpiont on unions it should not be long before we are all on level ground,(SLAVERY).At long last then we will be able to compete on a global basis but I think few will care at that point.