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Reply #70: The people at all ends aren't going to take this anymore. [View All]

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Rockholm Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-09-09 08:10 AM
Response to Reply #62
70. The people at all ends aren't going to take this anymore.
The people at the lower end have very little stake or exposure in any of this. The people in the middle have the biggest stake in getting this mess straightened out. The people at the top want this to clear up but may not have the "encouragement" to do so.
The shadow markets are driving the economy down. They have been betting on the market to fall and they are making a fortune on the market tanking. There are hedge funds and other vehicles that one can invest in that will pay out big when markets go down.
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  -Wall St. Bailout: Is A Massive Scandal About To Unfold? kpete  Mar-08-09 09:50 AM   #0 
  - shut them down, unwind the bets, take back the money, & put them in jail.  Hannah Bell   Mar-08-09 09:53 AM   #1 
  - ANTI-Social IN-Security  Jambalaya   Mar-08-09 12:49 PM   #28 
  - i love that rant...  druidity33   Mar-09-09 06:09 AM   #68 
  - John Grisham's book The Appeal is exactly about that.  graywarrior   Mar-09-09 10:17 AM   #76 
     - That's right and also why Madoff won't be doing much jail time,  Fire1   Mar-09-09 10:15 PM   #94 
  - Exactly. Why isn't jail playing a part in this? nt  Sarah Ibarruri   Mar-08-09 10:36 PM   #57 
  - Right on, Hannah!  Raksha   Mar-09-09 09:27 PM   #88 
  - massive scandal,yes--about to unfold,sadly no  natrat   Mar-08-09 09:56 AM   #2 
  - Explain please.  truedelphi   Mar-08-09 04:34 PM   #38 
     - ok unfold perhaps but will anyone be held accountable ? yea sure  natrat   Mar-08-09 09:22 PM   #52 
        - Ultimately, the people at the lower end aren't going to take this anymore.  caseymoz   Mar-08-09 11:26 PM   #62 
           - The people at all ends aren't going to take this anymore.  Rockholm   Mar-09-09 08:10 AM   #70 
              - "not taking it anymore" - well, civil unrest is now the n1 security threat, not terra terra  BelgianMadCow   Mar-09-09 05:38 PM   #86 
              - I don't know that they have been betting on the markets falling.  caseymoz   Mar-10-09 03:55 PM   #97 
                 - Over the last 72 hrs, there have been several entries here on DU about how the  truedelphi   Mar-10-09 09:05 PM   #98 
  - Public Support For Nationalization Builds  sandnsea   Mar-08-09 10:10 AM   #3 
  - That scares me as well..  flyarm   Mar-08-09 10:47 AM   #13 
     - I know  sandnsea   Mar-08-09 11:11 AM   #16 
     - look to history and think hard of what  flyarm   Mar-08-09 11:29 AM   #23 
        - No, it is not going to be like that  sandnsea   Mar-08-09 11:32 AM   #26 
           - I sincerely hope you are must believe as you do..  flyarm   Mar-08-09 11:53 AM   #27 
           - oh and i just remembered..Lou Dobbs had on his screen the other day..  flyarm   Mar-08-09 12:56 PM   #30 
           - Thanks flyarm for the rec on Leo Strauss. Will check himout. n/t  truedelphi   Mar-09-09 12:24 PM   #82 
           - I could put more stock into what you were saying if  truedelphi   Mar-08-09 04:39 PM   #40 
              - Damn Straight!  cascadiance   Mar-08-09 11:12 PM   #61 
     - Same thought here, flyarm.  truedelphi   Mar-08-09 04:35 PM   #39 
  - According to one of our local Medicine Men...  SpiralHawk   Mar-08-09 10:17 AM   #4 
  - They already are..  flyarm   Mar-08-09 10:37 AM   #10 
  - Yes, beginning this month and hitting more widely in May.....n/t  Helga Scow Stern   Mar-08-09 10:53 AM   #15 
  - does he have a long-term prediction/prognosis?  inna   Mar-09-09 01:22 AM   #67 
  - One sage person mentioned the FDIC will go under by June.  Rockholm   Mar-09-09 08:11 AM   #71 
  - Some banks that were paid by AIG after it was bailed out by the government (Source: WSJ research):  flyarm   Mar-08-09 10:19 AM   #5 
  - It's paying off FOREIGN banks that ices me...  FormerDittoHead   Mar-08-09 10:32 AM   #8 
  - They were defrauded too  notesdev   Mar-08-09 10:35 AM   #9 
     - they were gamblers in it all..why do our tax dollars have to be used to  flyarm   Mar-08-09 10:38 AM   #11 
     - So let them sue S&P and Mooney's. "AAA" is not riskless.  FormerDittoHead   Mar-08-09 10:47 AM   #14 
        - Of course it's bullshit  notesdev   Mar-08-09 11:12 AM   #17 
        - Uh, Spitzer also took this seriously.  truedelphi   Mar-09-09 03:07 PM   #83 
           - Spitzer thought himself above the law  notesdev   Mar-09-09 08:06 PM   #87 
              - Oh for sure he brought it on himself.  truedelphi   Mar-10-09 03:47 PM   #96 
        - "THEY'RE BAILING OUT GUYS FROM OVERSEAS????" yes  flyarm   Mar-08-09 11:19 AM   #20 
        - But-But-But-they gave taxpayers $13 a payday! Yipeeeeeeeeeee! NOT!  earth mom   Mar-08-09 03:01 PM   #34 
        - oh and next year it goes to a whopping $7. + change..  flyarm   Mar-08-09 03:16 PM   #36 
           - You're such an optimist!  Kool Kitty   Mar-09-09 12:44 AM   #66 
        - "it's not the mortgages that are sinking AIG"  Tansy_Gold   Mar-09-09 12:01 AM   #63 
        - Didn't we sell them those crappy mortgages that we said were  rainy   Mar-09-09 11:03 AM   #77 
  - It's not just the European banks - AIG and HSBC are Hong Kong (Chinese) investment vehicles  leveymg   Mar-09-09 06:40 AM   #69 
     - extortion money to prevent a run on the dollar - yup  BelgianMadCow   Mar-09-09 05:29 PM   #85 
  - A rich man's version of this:  Turbineguy   Mar-08-09 10:28 AM   #6 
  - The September 2008 AIG Bailout Comedy Gets a Subplot.  flyarm   Mar-08-09 10:29 AM   #7 
  - Amen, amen. n/t  truedelphi   Mar-10-09 02:04 PM   #95 
  - by the way..Thank You Kpete for staying on top of all this and so many other  flyarm   Mar-08-09 10:42 AM   #12 
  - I agree & I also wish you would post more-your honesty is a breath of fresh air that DU sorely needs  earth mom   Mar-08-09 03:10 PM   #35 
  - !!!  bvar22   Mar-08-09 11:17 AM   #18 
  - paulson and geithner are birds of a feather.  leftofthedial   Mar-08-09 11:18 AM   #19 
  - Geithner was a mistake  AllentownJake   Mar-08-09 11:21 AM   #21 
  - Agreed. I want him gone. But I have no suggestions for a replacement.  catzies   Mar-08-09 12:55 PM   #29 
  - Volcker. n/t  girl gone mad   Mar-08-09 07:18 PM   #50 
     - I like Volcker  vssmith   Mar-09-09 09:16 AM   #74 
  - no he was not a mistake..he is exactly who Obama wanted and for a specific reason. eom  flyarm   Mar-08-09 02:24 PM   #33 
     - Campaign cash?  amandabeech   Mar-08-09 04:47 PM   #42 
     - must be his astute awareness of tax policy  Lance_Boyle   Mar-09-09 03:20 PM   #84 
     - What specific reason? nt  riderinthestorm   Mar-09-09 09:22 AM   #75 
  - Why would anyone expect the Bushie TARP contracts to be better than their "legal" opinions?  D-Lee   Mar-08-09 11:25 AM   #22 
  - "Smirk." - xCommander AWOL Bush & Republicon Economic Cronies  SpiralHawk   Mar-08-09 11:30 AM   #24 
  - wake up..this is not one parties doing..  flyarm   Mar-08-09 11:31 AM   #25 
  - AIG was a 'pass through' and refusing to identify recipients was a huge red flag....  Blackhatjack   Mar-08-09 01:38 PM   #31 
  - Blackhatjack..thank you....absolutely!! You are 100% right!! eom  flyarm   Mar-08-09 02:22 PM   #32 
  - Yes, that is probably all too true. n/t  truedelphi   Mar-08-09 04:40 PM   #41 
  - Scandal? How about Criminal Enterprise  WhiteTara   Mar-08-09 04:20 PM   #37 
  - Rico? RICO? Do I hear someone calling for RICO?  amandabeech   Mar-08-09 04:59 PM   #43 
     - Actually don't know if you are familiar with the  truedelphi   Mar-08-09 05:05 PM   #44 
        - I wasn't aware of the Nine Eleven site, but I will check it out.  amandabeech   Mar-08-09 06:50 PM   #45 
           - Didn't mean that All BlueBloods should be condemned.  truedelphi   Mar-09-09 12:14 PM   #79 
  - "Why Daddy went to jail", Olbermann  Fuzz   Mar-08-09 06:56 PM   #46 
  - The whole to big to fail thing drives me crazier. If you fail you fail, period.  sarcasmo   Mar-08-09 06:58 PM   #47 
  - Maybe I just dreamed all this but....  DemocracyInaction   Mar-08-09 07:12 PM   #48 
  - "The Counterparties"  Mike 03   Mar-08-09 07:14 PM   #49 
  - um..they are going to take that next...your beloved "institutions" are fraudulent  natrat   Mar-08-09 09:53 PM   #54 
  - I don't see anyone here acting like a goon.  truedelphi   Mar-09-09 12:22 PM   #80 
  - It's even worse than that, kpete.  girl gone mad   Mar-08-09 07:21 PM   #51 
  - Thanks for putting that so clearly.  amandabeech   Mar-09-09 12:02 AM   #64 
  - They have been stealing us blind right before our eyes for years  debbierlus   Mar-08-09 09:52 PM   #53 
  - They should have split off the insurance from the derivatives, and evaluated every  pam4water   Mar-08-09 10:24 PM   #55 
  - There is one unavoidable inconvenient fact that we all must face ....  Blackhatjack   Mar-08-09 10:27 PM   #56 
  - Now now according ot Greenspan it's working the way it is suppose to  pam4water   Mar-08-09 10:48 PM   #58 
     - At least he is consistent .... still wrong. n/t  Blackhatjack   Mar-08-09 10:50 PM   #59 
  - Please see my recent post abou the Carlyle Group. I believe AIG got money to funnel to Carlyle Cap.  McCamy Taylor   Mar-08-09 10:55 PM   #60 
  - Gee whoda thunkit....Who could have known?  ooglymoogly   Mar-09-09 12:39 AM   #65 
  - K&R  Junkdrawer   Mar-09-09 09:11 AM   #72 
  - The whole reason AIG was in trouble is that they  vssmith   Mar-09-09 09:14 AM   #73 
  - Isn't this what they were supposed to do-pay off the insured/policies? What else  jmg257   Mar-09-09 11:32 AM   #78 
  - Isn't that their job?  newtothegame   Mar-09-09 12:22 PM   #81 
  - We'll see. From what I know, the counterparties for AIG are people like you and me,  Mike 03   Mar-09-09 09:29 PM   #89 
  - Any word from President Cool Breeze?  burythehatchet   Mar-09-09 09:33 PM   #90 
  - If you are right about this, I will apologize; I just think this is more bullshit.  Mike 03   Mar-09-09 09:36 PM   #91 
  - kick....n/t  unkachuck   Mar-09-09 09:55 PM   #92 
  - America has shown...............WE CAN LIVE WITHOUT THESE FUCKERSS!!!  goforit   Mar-09-09 09:56 PM   #93 
  - Kicking. eom.  Hotler   Mar-10-09 09:22 PM   #99 

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