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To: Al Greenleaf who wrote (28433)	1/15/2012 7:10:21 PM
From: FCom777	Read Replies (3) \| Respond to of 222565

You know a lot more than you give yourself credit for ... much of this is very confusing - most likely intentionally so - a lot of it does not make sense to me which is why open discussion is helpful for all involved. As far as I can tell, you are entirely correct - holding any bond could be foolish since you are no longer at the top of the pecking order to get paid. Also, the derivatives trader absolutely has an incentive to trigger his trading partners bankruptcy - since they can swoop in and take everything before a BK judge hears the first word in the case. It, however, seems like the situation is far worse than this. This is due to the assets that are being hypothecated, rehypothecated, and re-rehypothecated, etc. Make no mistake, those assets are your assets. Cash held in bank deposit accounts, securities accounts, futures accounts, IRA accounts - basically everything that you think you own that is not under your direct physical possession. Think about it. The derivatives market is 700 trillion dollars. How could so much be transacted ? I know in the world of large numbers - once you get above a certain quantity - going higher doesn't have much meaning. But 700 trillion is more than mind boggling. The entire US debt is "only" 17 trillion. The value of all securities traded on US exchanges is on the order of 15 trillion. There really is only one explanation. And that is that the SAME asset has been hypothecated/rehypothecated/re-rehypothecated ... 10s if not 100s of times or more. YOUR ASSET. The question for the derivatives dealer isn't how to step in front of the assets true owner - YOU - or the bond holders, etc - this has already been taken care of - the question is how to step in front of the myriad of other derivatives contracts for the same asset. Talk about a web of fraud. The article also suggests that the banksters are using this fact to extort Congress to do their bidding - Plan A - which involves austerity measures and sending more money to the banks. During the Paulson Bailout 700 billion bailout fiasco- what exactly did he threaten Congress with to get what he demanded? I think this gives a clue. Unfortunately, its really even much worse than this - 700 billion is really only a drop in the bucket. For more information, read the following. Its also a long read - but VERY informative. I suggest for once - EVERYONE - contact their congressman with their concern about what is going on. Forward them the article and ask them to explain it. Believe it or not, when 10s of thousands of complaints come in - they really do sometimes listen ... MASS ACTION is really our only hope ... and what the PTB fears most. Every little bit counts .... divinecosmos.com