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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: NucTrader who wrote (414475)	4/12/2011 6:15:03 PM
From: NucTrader	1 Recommendation Read Replies (2) \| Respond to of 436258

And speaking of the ruling kleptocracy, we all know the banksters are a solid component of same (along with those big, multinational American corporations that do 80% of their business in America but are headquartered elsewhere for tax evasion, with the cooperation of CONgrass). Here's what Denninger had to say today on the banksters: >>No banker is going to allow the currency to be detonated. Do you really believe that Jamie Dimon is going to allow you to borrow $500,000 to buy a house and then permit the destruction of the currency to the point that your $500,000 will buy two loaves of bread? Do you really think the banksters will sit around and let them drive the bus off the edge, killing the bankers? Remember, these guys have plenty of long-term debt exposure. That's how they make money. Borrow short and lend long. That's what a bank is and does!<< They'll find a way to screw the holders of gold and silver PMs too. Don't know quite how yet.