Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (26588)	1/27/2010 6:43:31 PM
From: Skeeter Bug	3 Recommendations Read Replies (2) \| Respond to of 71463

>>Overall, derivatives on WS went through a standard bubble dynamics - what makes money gets more.<< the illegal, fed supported credit bubble came first. then the money went to the derivatives b/c the banksters bought government so they could run their "bucket shops." it is time to be honest here. credit aggregates are supposed to stay in line with GDP per fed mandate. the banker run fed ILLEGALLY juiced credit relative to GDP AND LIED THROUGH HIS TEETH ABOUT A HEALTHY ECONOMY WHEN HE KNEW IT WAS A CREDIT BUBBLE... THIS IS FED DATA IN A CHART! market-ticker.denninger.net >>Success is rewarded, tons of science Ph.D.'s employed getting supercomputers to work.<< yeah, and we are soooooo stupid to believe that these supercomputers said housing wouldn't fall in the future because incomes went up 15% and housing went up 120%. let me see the programs that said this was impossible. THEY DON'T EXIST! A FREAKIN' 5TH GRADER KNEW A HOUS THAT WAS $200K IN 1998 AND $600K IN 2006 WOULDN'T BE $1.8 MILLION IN 2114 WITH INCOMES BARELY ABOVE FLAT. A 5TH GRADER! when people are making millions milking people dry, it is tough to turn it down. some, like the guy who wrote "i hope we are all rich and retired by they time this house of cards falters" knew the criminal scam before it blew up and just was out to "get his," screw everyone else. you can see that quote as an introduction to cnbc's "house of cards." 2006, brother. THEY KNEW. at least some. others probably didn't care enough to question the money flow. they didn't want to face the obvious - this kind of free money can't be had when dealing fairly with people. >>Tons of Mexicans in housing construction. Tons of folks in internut business<< not relevant until the banking system commits mortgage fraud with self proclaimed "liar's loans." >>A matter of wrong policies, wrong employment.<< criminal fraud. fraudulent mortgages, bribing government, lying to people, fraudulent securities, fraudulent ratings, shorting fraudulent securities and fraudulent ratings, fraudulent disclosures... >>All vanished into the black hole of debt.<< a well planned black hole of debt and a well maintained plan until it blew up. but they did get bankruptcy law changed about 1-2 years before it blew. good timing - they saw it coming and wanted debt slaves to have to pay them off. >>Not guilty of stealing (except in some cases!)<< guilty of criminal fraud on so many levels it is silly. >>The money just evaporated. 15% of 10 Trillion in mortgages under water.<< the credit bubble didn't just happen. insane levels of fraud enabled the credit bubble, as did the banker owned private federal reserve bank. >>Folks under water in their home, banks under water as they foreclose. The derivative group in a major bank is pretty small, maybe 12 people. They all got fired.<< derivatives is still big business. i can't speak for one guy here or another guy there, but derivatives are still MASSIVE and someone has to support them.