Financial Sector self-destructing
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Financial Sector self-destructing         


Author: Jerry Kraus
Date: Mar 28, 2008 10:28

http://biz.yahoo.com/ap/080328/fed_credit_crisis.html

In typical neocon fashion, the fascist at the Fed, Ben Bernanke, is
continuing to bail out greed, incompetence, exploitation and
destruction, at U.S. taxpayer expense, and, at the risk of further
undermining the U.S. currency. Another 100 billion of your taxpayer
dollars will be going to subsidize the multi-million dollar salaries
of CEO's of vicious, worthless and incompetent Wall Street Firms. God
knows, they've earned it! After all, what are taxes for, if not to
finance the destruction of the U.S. military and the Nation of Iraq,
and to ensure that CEO's and their immediate families can live in the
fashion to which they've become accustomed -- that is, like Royalty.

Of course, even the government doesn't have enough money to finanace
these scum out of their entirely self-created problems. They've
created nothing, done nothing, stolen, lied and cheated the nation and
the world for decades, and now they can't find anyone stupid enough to
let them cheat them anymore. So, they've come crying to their buddies
at the Fed, who are more than happy to bail out "family" like them.
But, shortly, even they may have to face reality. The CEO-leeches on
Wall Street are no better than the rest of us -- they are worse.
219 Comments
Re: Financial Sector self-destructing         


Author: Sushi Fish
Date: Mar 28, 2008 12:07

On Mar 28, 10:28 am, Jerry Kraus yahoo.com> wrote:
> http://biz.yahoo.com/ap/080328/fed_credit_crisis.html
>
> In typical neocon fashion, the fascist at the Fed, Ben Bernanke, is
> continuing to bail out greed, incompetence, exploitation and
> destruction, at U.S. taxpayer expense, and, at the risk of further
> undermining the U.S. currency. Another 100 billion of your taxpayer
> dollars will be going to subsidize the multi-million dollar salaries
> of CEO's of vicious, worthless and incompetent Wall Street Firms. God
> knows, they've earned it! After all, what are taxes for, if not to
> finance the destruction of the U.S. military and the Nation of Iraq,
> and to ensure that CEO's and their immediate families can live in the
> fashion to which they've become accustomed -- that is, like Royalty.
>
> Of course, even the government doesn't have enough money to finanace
> these scum out of their entirely self-created problems. They've
> created nothing, done nothing, stolen, lied and cheated the nation and
> the world for decades, and now they can't find anyone stupid enough to
> let them cheat them anymore. So, they've come crying to their buddies
> at the Fed, who are more than happy to bail out "family" like them. ...
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Re: Financial Sector self-destructing         


Author: Jerry Kraus
Date: Mar 28, 2008 12:10

On Mar 28, 2:07 pm, Sushi Fish yahoo.com> wrote:
> On Mar 28, 10:28 am, Jerry Kraus yahoo.com> wrote:
>
>
>
>
>
>
>> In typical neocon fashion, the fascist at the Fed, Ben Bernanke, is
>> continuing to bail out greed, incompetence, exploitation and
>> destruction, at U.S. taxpayer expense, and, at the risk of further
>> undermining the U.S. currency.  Another 100 billion of your taxpayer
>> dollars will be going to subsidize the multi-million dollar salaries
>> of CEO's of vicious, worthless and incompetent Wall Street Firms.  God
>> knows, they've earned it!  After all, what are taxes for, if not to
>> finance the destruction of the U.S. military and the Nation of Iraq,
>> and to ensure that CEO's and their immediate families can live in the
>> fashion to which they've become accustomed -- that is, like Royalty.
> ...
Show full article (2.03Kb)
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Re: Financial Sector self-destructing         


Author: Jerry Kraus
Date: Mar 28, 2008 12:22

On Mar 28, 2:07 pm, Sushi Fish yahoo.com> wrote:
> On Mar 28, 10:28 am, Jerry Kraus yahoo.com> wrote:
>
>
>
>
>
>
>> In typical neocon fashion, the fascist at the Fed, Ben Bernanke, is
>> continuing to bail out greed, incompetence, exploitation and
>> destruction, at U.S. taxpayer expense, and, at the risk of further
>> undermining the U.S. currency.  Another 100 billion of your taxpayer
>> dollars will be going to subsidize the multi-million dollar salaries
>> of CEO's of vicious, worthless and incompetent Wall Street Firms.  God
>> knows, they've earned it!  After all, what are taxes for, if not to
>> finance the destruction of the U.S. military and the Nation of Iraq,
>> and to ensure that CEO's and their immediate families can live in the
>> fashion to which they've become accustomed -- that is, like Royalty.
> ...
Show full article (2.97Kb)
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Re: Financial Sector self-destructing         


Author: Video61
Date: Mar 28, 2008 12:34

On Mar 28, 12:28 pm, Jerry Kraus yahoo.com> wrote:
> http://biz.yahoo.com/ap/080328/fed_credit_crisis.html
>
> In typical neocon fashion, the fascist at the Fed, Ben Bernanke, is
> continuing to bail out greed, incompetence, exploitation and
> destruction, at U.S. taxpayer expense, and, at the risk of further
> undermining the U.S. currency. Another 100 billion of your taxpayer
> dollars will be going to subsidize the multi-million dollar salaries
> of CEO's of vicious, worthless and incompetent Wall Street Firms. God
> knows, they've earned it! After all, what are taxes for, if not to
> finance the destruction of the U.S. military and the Nation of Iraq,
> and to ensure that CEO's and their immediate families can live in the
> fashion to which they've become accustomed -- that is, like Royalty.
>
> Of course, even the government doesn't have enough money to finanace
> these scum out of their entirely self-created problems. They've
> created nothing, done nothing, stolen, lied and cheated the nation and
> the world for decades, and now they can't find anyone stupid enough to
> let them cheat them anymore. So, they've come crying to their buddies
> at the Fed, who are more than happy to bail out "family" like them. ...
Show full article (1.85Kb)
22 Comments
Re: Financial Sector self-destructing         


Author: Jerry Kraus
Date: Mar 28, 2008 12:42

On Mar 28, 2:34 pm, Vide...@tcq.net wrote:
> On Mar 28, 12:28 pm, Jerry Kraus yahoo.com> wrote:
>
>
>
>
>
>
>> In typical neocon fashion, the fascist at the Fed, Ben Bernanke, is
>> continuing to bail out greed, incompetence, exploitation and
>> destruction, at U.S. taxpayer expense, and, at the risk of further
>> undermining the U.S. currency.  Another 100 billion of your taxpayer
>> dollars will be going to subsidize the multi-million dollar salaries
>> of CEO's of vicious, worthless and incompetent Wall Street Firms.  God
>> knows, they've earned it!  After all, what are taxes for, if not to
>> finance the destruction of the U.S. military and the Nation of Iraq,
>> and to ensure that CEO's and their immediate families can live in the
>> fashion to which they've become accustomed -- that is, like Royalty.
> ...
Show full article (2.57Kb)
3 Comments
Re: Financial Sector self-destructing         


Author: Econotron
Date: Mar 28, 2008 12:48

"Sushi Fish" yahoo.com> wrote in message
news:6c197343-146d-4b95-94dd-d5338b2cf17e@i7g2000prf.googlegroups.com...
> On Mar 28, 10:28 am, Jerry Kraus yahoo.com> wrote:
>> http://biz.yahoo.com/ap/080328/fed_credit_crisis.html
>>
>> In typical neocon fashion, the fascist at the Fed, Ben Bernanke, is
>> continuing to bail out greed, incompetence, exploitation and
>> destruction, at U.S. taxpayer expense, and, at the risk of further
>> undermining the U.S. currency. Another 100 billion of your taxpayer
>> dollars will be going to subsidize the multi-million dollar salaries
>> of CEO's of vicious, worthless and incompetent Wall Street Firms. God
>> knows, they've earned it! After all, what are taxes for, if not to
>> finance the destruction of the U.S. military and the Nation of Iraq,
>> and to ensure that CEO's and their immediate families can live in the
>> fashion to which they've become accustomed -- that is, like Royalty.
>>
>> Of course, even the government doesn't have enough money to finanace
>> these scum out of their entirely self-created problems. They've
>> created nothing, done nothing, stolen, lied and cheated the nation and
>> the world for decades, and now they can't find anyone stupid enough to ...
Show full article (2.25Kb)
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Re: Financial Sector self-destructing         


Author: anon
Date: Mar 28, 2008 19:28

"Econotron" hotmail.com> wrote in message
news:SXbHj.25$oE1.13@trndny09...
>>
> Fed knows that there would be no rerun of 1929, for the reasons explained
> here and elsewhere.

The problem is the current Fed chairman. He has spent his life studying how
to prevent the 1930s. And he wants to use his solution regardless whether
the problem is similar. He sees deflation behind every corner. He has a
solution (helicopters) looking for a problem.

The way the paper based money works, a government can always engineer enough
inflation by just giving away money. He said as much.

The natural cycle in a fiat currency based system and a dishonest financial
sector in cahoots with a pliant govt (the path of least resistance) is
inflation and more inflation (ie, stagflation). In real terms it just means
devaluation of honesty, and declining living standards for the people who
trusted the system.
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Re: Financial Sector self-destructing         


Author: Canuck57
Date: Mar 28, 2008 19:34

"Jerry Kraus" yahoo.com> wrote in message
news:0fbaa5d8-44c1-40de-8b63-820569e3f367@c65g2000hsa.googlegroups.com...
On Mar 28, 2:07 pm, Sushi Fish yahoo.com> wrote:
> On Mar 28, 10:28 am, Jerry Kraus yahoo.com> wrote:
>
>
>
>
>
>
>> In typical neocon fashion, the fascist at the Fed, Ben Bernanke, is
>> continuing to bail out greed, incompetence, exploitation and
>> destruction, at U.S. taxpayer expense, and, at the risk of further
>> undermining the U.S. currency. Another 100 billion of your taxpayer
>> dollars will be going to subsidize the multi-million dollar salaries
>> of CEO's of vicious, worthless and incompetent Wall Street Firms. God
>> knows, they've earned it! After all, what are taxes for, if not to
>> finance the destruction of the U.S. military and the Nation of Iraq,
>> and to ensure that CEO's and their immediate families can live in the ...
Show full article (2.20Kb)
no comments
Re: Financial Sector self-destructing         


Author: Canuck57
Date: Mar 28, 2008 19:37

"Jerry Kraus" yahoo.com> wrote in message
news:0a777591-b532-493c-bb5b-0f440c5fc6f9@m71g2000hse.googlegroups.com...
On Mar 28, 2:34 pm, Vide...@tcq.net wrote:
> On Mar 28, 12:28 pm, Jerry Kraus yahoo.com> wrote:
>
>
>> In typical neocon fashion, the fascist at the Fed, Ben Bernanke, is
>> continuing to bail out greed, incompetence, exploitation and
>> destruction, at U.S. taxpayer expense, and, at the risk of further
>> undermining the U.S. currency. Another 100 billion of your taxpayer
>> dollars will be going to subsidize the multi-million dollar salaries
>> of CEO's of vicious, worthless and incompetent Wall Street Firms. God
>> knows, they've earned it! After all, what are taxes for, if not to
>> finance the destruction of the U.S. military and the Nation of Iraq,
>> and to ensure that CEO's and their immediate families can live in the
>> fashion to which they've become accustomed -- that is, like Royalty.
>
>> Of course, even the government doesn't have enough money to finanace
>> these scum out of their entirely self-created problems. They've ...
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