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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: THE WATSONYOUTH who wrote (742165)9/27/2013 4:07:12 AM
From: THE WATSONYOUTH  Read Replies (1) | Respond to of 1576160
 
pentoport.com



To: THE WATSONYOUTH who wrote (742165)9/27/2013 9:56:45 AM
From: FJB1 Recommendation

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joseffy

  Respond to of 1576160
 
"A Scam Of Unmatchable Balls And Cruelty" - Matt Taibbi On Wall Street's "Triple-Fucking Of Ordinary People"

Submitted by Tyler Durden on 09/27/2013 - 09:29

"This is the third act in an improbable triple-fucking of ordinary people that Wall Street is seeking to pull off as a shocker epilogue to the crisis era. Five years ago this fall, an epidemic of fraud and thievery in the financial-services industry triggered the collapse of our economy. The resultant loss of tax revenue plunged states everywhere into spiraling fiscal crises, and local governments suffered huge losses in their retirement portfolios – remember, these public pension funds were some of the most frequently targeted suckers upon whom Wall Street dumped its fraud-riddled mortgage-backed securities in the pre-crash years.... It's a scam of almost unmatchable balls and cruelty, accomplished with the aid of some singularly spineless politicians. And it hasn't happened overnight. This has been in the works for decades, and the fighting has been dirty all the way."