DC needs to clean up FIRST! VOTE THE BUMS OUT!
Posted on 04/20/2010 6:21:55 PM PDT by DontTreadOnMe2009
Unlike the Icelandic volcano, this was no natural disaster. Trillions of dollars have been defrauded from the U.S. taxpayer by a banking scam run by the top 1% of our country.
The mark for this con game has been and continues to be every teacher, cop, firefighter, nurse, conservative saver, small investor, student and retiree. People whose pensions, homes, jobs and monthly retirement stipends have been and continue to be deprived — so these people can use our government to transfer money from your work to themselves.
We also know that the same people responsible for this failed system are STILL RUNNING IT, leaving obvious conflicts of interest everywhere you turn.
(Excerpt) Read more at blog.secretsoftraders.com ...
And even by barely scratching the surface, this is what we already find:
A Goldman Sachs vice president accused of fraud, writing “more and more leverage in the system, The whole building is about to collapse anytime now…”
An S&P ratings agent saying “Let’s hope we are all wealthy and retired by the time this house of cards falters.”
Our government is in a position to grant access to a vast pool of information that could answer so many questions about why all our money was taken. But flush with money from these potentially fraudulent institutions, politicians have systematically gutted the very people charged with investigating these crimes.
As a final insult, they provide 23.7 trillion in direct and implied support for these bankers to keep bonusing themselves billions, yet offer a paltry 0.0000003% of that amount to investigate how this incredibly un-American event happened in the first place.
To add insult to injury, we the people now OWN the company at the center of much of the alleged fraud. Currently, you, the U.S. taxpayer, own 80 percent of AIG and there are now 5 people who represent us as trustees at the company.
Read more at the link + a sample letter to send to CONgress
S&P = McGraw Hill is so corrupt. There business largely is school books which is a huge scam controlled by Democrats.
When is the SEC going to investigate the put options bought by the ton just before the Goldman investigation was announced. Someone knew it was coming and bet big that Goldman’s stock was going down.
Oh and what about that Russian programmer for Goldman sitting in Federal prison who had access to software Goldman used to manipulate the markets.
I do not like Goldman Sachs.
However, Fannie and Freddie were FAR more responsible for our financial problems than GS!
Also, the GOVERNMENT is far more responsible, for the mess we are in, than ANY Wall Street firm!
When is the SEC going to investigate the put options bought by the ton just before the Goldman investigation was announced. Someone knew it was coming and bet big that Goldman’s stock was going down.
Oh and what about that Russian programmer for Goldman sitting in Federal prison who had access to software Goldman used to manipulate the markets.
Both very good points.
And the answer is, as always, I don’t know.
Maybe never
As always ...
Is THAT why a school texbook of lesser quality than a decent coffee table book available at any Borders costs about five times as much! It's disgusting.
Amen on that one, Brother FReeper.
Most distressing that it could all happen again, sooner rather than later.
DC needs to clean up FIRST! VOTE THE BUMS OUT!
Besides the NY Times story, Google Ad Words, Democratic Party emails, there is something fishy about the PUTS in favor of Goldman Sachs stock tanking. It is my understanding that if they would’ve waited until Monday a lot of suspicious trades (higher than normal PUT volume) would have lost money at the 170 level. There were a few people that made a lot of money betting their GS stock would go down by a fairly large percentage when it has been performing.
I wish I knew more about this. We need Freeper brain power to investigate this. Someone???
Isn’t this just like the PUTS before 9-11 ???
Which also remain uninvestigated???
That is why I said I needed Freeper brain power. There are a lots of claims contrary to your link that say the Friday timing is suspicious (large volume of 170s expiring). Your link says no and maybe the author’s opinion will hold true.
But it seems the NY Times got a heads up (story before the announcement), within a half hour millions of the announcement emails were sent, within a few hours Google Ad Words were being displayed linking to www.BarackObama.com, etc... everyone of above actions takes time, planning, meetings, and organization (no large undertaking is done on the spur of the moment). People knew ahead of time and usually where there is smoke there is fire.
I don’t know if Denninger and Market Ticker are right. They get some financial things correct but a lot of left wing whack jobs over there. They hide it under the “everybody does it” dodge. Right now they are mad at the Republicans for Goldman Sachs. As I said, whack jobs.
(all they care about it getting their casino operating under honest management so they can sit behind their computers and trade all day. They could care less about the country. They’re the people who were so frustrating during the Clinton years when we were warning about him. They didn’t care what he did because they were making money)
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