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Reply #18: Well it's going to happen so grab a life vest and jump... [View All]

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Baby Snooks Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-12-08 05:10 PM
Response to Reply #6
18. Well it's going to happen so grab a life vest and jump...
Someone should asked little Miss Chelsea Clinton how much she has made off this fraud. Of course that would be political incorrect. But also very relevant. Rumor is she has made as much as her parents.

This country has destroyed not only its own economy but the economy of all nations by pushing the "neo-con artist" economic policies of Alan Greenspan. The Bushes and the Clintons were one dynasty.

Our Congress stood behind this president when he said our country would not be a signatory to the International Court of Justice. To make sure there was not a Nuremberg. Which would have prosecuted many Democrats as well as Republicans for crimes against humanity committed over the course of two administrations. In the end, Democrats think they are above the law but the reality is the rich think they are above the law. They use the party system to control the masses the way religion was once used.

Perhaps this is the justice we deserve.
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  -A $516 trillion derivatives 'time-bomb' magellan  Oct-12-08 02:55 PM   #0 
  - Hedge fund guys were notorius for make a billion and not paying one penny in tax.  Democrats_win   Oct-12-08 03:00 PM   #1 
  - Easy fix  whosinpower   Oct-12-08 03:05 PM   #2 
  - Just tax these transactions  endthewar   Oct-12-08 03:18 PM   #3 
  - That's exactly what I've been thinking.  MadrasT   Oct-12-08 05:55 PM   #27 
  - Are they even legal contracts that can be enforced ?  fedsron2us   Oct-12-08 06:05 PM   #31 
  - Yes.  Waiting For Everyman   Oct-12-08 06:11 PM   #33 
  - debt as asset  pretzel4gore   Oct-12-08 03:20 PM   #4 
  - How can a market equal  creeksneakers2   Oct-12-08 03:55 PM   #5 
  - It is all about valuation  CatholicEdHead   Oct-12-08 03:58 PM   #6 
  - Well it's going to happen so grab a life vest and jump...  Baby Snooks   Oct-12-08 05:10 PM   #18 
  - 'output' is a figure per year; this is an absolute figure  muriel_volestrangler   Oct-12-08 04:14 PM   #8 
  - Notional amount is a hypothetical number  creeksneakers2   Oct-12-08 05:47 PM   #25 
     - Following on from that paragrpah you quote, we have:  muriel_volestrangler   Oct-12-08 06:39 PM   #36 
  - It's an elaborate Ponzi scheme. The "value" is of course nothing. It is only worth what  rhett o rick   Oct-12-08 04:41 PM   #12 
  - The whole thing has been a Ponzi scheme covered up by the perpetrators  whistle   Oct-12-08 04:42 PM   #14 
  - Our entire monetary system is totally based on non-existent wealth...  Odin2005   Oct-12-08 05:37 PM   #21 
  - The CDS market alone is 60T. n/t  girl gone mad   Oct-12-08 07:03 PM   #41 
  - I heard it is $531 trillion  UpInArms   Oct-12-08 04:04 PM   #7 
  - I recall five years ago when Buffet warned investors about derivatives.  Tutonic   Oct-12-08 04:32 PM   #11 
  - Please see response #25  creeksneakers2   Oct-12-08 06:17 PM   #34 
  - Here's a link to the first thing I've read that I could *really* understand  jaybeat   Oct-12-08 04:29 PM   #9 
  - Thanks for the link, and it's good to be back to cold hard cash.  sarcasmo   Oct-12-08 05:50 PM   #26 
  - thanks for the link to us...  profgoose   Oct-12-08 07:43 PM   #43 
  - amazing what one can achieve by constructing something out of thin air.  madrchsod   Oct-12-08 04:30 PM   #10 
  - Ponzi invented it. n m  rhett o rick   Oct-12-08 04:42 PM   #13 
     - yup, i forgot about that guy....  madrchsod   Oct-12-08 07:26 PM   #42 
  - I wonder how countries first started minting money to replace bartering?How they went about it?  KCabotDullesMarxIII   Oct-12-08 05:03 PM   #15 
  - Well, don't forget  skepticscott   Oct-12-08 05:22 PM   #19 
     - But, I mean, how could it be restored, to in any way, reflect the current  KCabotDullesMarxIII   Oct-12-08 06:34 PM   #35 
  - Steal a bicycle under Three Strikes  NBachers   Oct-12-08 05:03 PM   #16 
  - Laws are only for us little people, The corporate elities are "world citizens" who obey no laws.  Odin2005   Oct-12-08 05:43 PM   #22 
  - This just seems overstated. Where is this 56T$???  Festivito   Oct-12-08 05:05 PM   #17 
  - It's the notional value  edwardlindy   Oct-12-08 05:43 PM   #23 
  - To where has is migrated? Who holds it?  Festivito   Oct-12-08 06:01 PM   #28 
     - It time- traveled into the future  librechik   Oct-12-08 06:39 PM   #37 
        - I see. And I begin to see how little I see. Who bought it?  Festivito   Oct-12-08 06:56 PM   #39 
           - Well, everybody stopped believing in time travel. And now they won't lend money  librechik   Oct-12-08 08:32 PM   #48 
  - It's nowhere, it's all "funny money" created out of thin air by the banksters. n/t  Odin2005   Oct-12-08 05:45 PM   #24 
     - Even as a number, it must exist somewhere. /nt  Festivito   Oct-12-08 06:02 PM   #30 
  - I posted on this last week.......  OwnedByFerrets   Oct-12-08 05:23 PM   #20 
  - Great quote from a republican from the webofdebt website  Danascot   Oct-12-08 08:13 PM   #44 
  - Hey, it all works fine unless ONE of them fails...  PurityOfEssence   Oct-12-08 06:01 PM   #29 
  - The buyers and sellers both chose to play in that game.  Waiting For Everyman   Oct-12-08 06:11 PM   #32 
  - derivative holders listed here:  Hannah Bell   Oct-12-08 06:44 PM   #38 
  - wealth tax. wealth tax. wealth tax. wealth tax. wealth tax. wealth tax.  QuestionAll   Oct-12-08 06:58 PM   #40 
  - What this means is a social contract giving certain people literally infinite wealth  Leopolds Ghost   Oct-12-08 08:22 PM   #45 
  - This article contradicts itself, twice...  originalpckelly   Oct-12-08 08:28 PM   #46 
  - I love how the estimates of the size of this looming disaster keep getting smaller  greyhound1966   Oct-12-08 08:32 PM   #47 

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