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Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
Luvapottamus
Registered User
User ID: 82349
04-19-2012 11:20 PM

Posts: 20,391



Post: #31
RE: Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
Gibbie  Wrote:
Where are they going to get the money???

Well, that's gonna require some help from Bill Black, and Bill Still.

Bill Black to figure out where they put the real assets they stole and replaced with derivatives.

And Bill Still to advise the monetary authority. His idea is "congress can't be trusted deciding the quantity of money, only to set in inflation targets."

Instead, you have a body similar to the fed, but it is run like the senate, sort of. Each state legislature can send two delegates to the new M3 authority.

Treasury issues the money.

As an emergency measure, you retain the staff of these banks just like the FDIC does, until it's all sorted out.

There are solutions out there. Many are in my Glass-Steagall thread.

There is no such thing as sovereign debt. End the FED, bring back Greenbacks.
Wall Street Sales Tax http://www.youtube.com/watch?v=Vb5OQUElilo
United Front Against Austerity
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Monkeyfister
CENSORED
User ID: 82845
04-19-2012 11:25 PM

Posts: 3,550



Post: #32
RE: Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
Luvapottamus  Wrote:
Gibbie  Wrote:
Luvapottamus  Wrote:
They were illegal before they were legalized.

So what does that tell you?

It tells me they will try to float it until ALL the real assets are looted.

That's what they were designed to do.

http://www.youtube.com/watch?v=8VF-8B-W0d0

(YouTube SCRUBBED the frame capture on this vid)
chuckle

These banks are BANKRUPT. They need to be put through bankruptcy.

But BEFORE THAT, some of their fake assets should be confiscated to fix what they did.

TAX their assets Friday, pay off the national debt and fill the treasury Friday afternoon, chain their doors Friday night, and round up the perps.

"But if we do that, nobody will have any confidence in our economy. Nobody will want to open another investment bank."

Great! Bonus!

chuckle
Well it is a stupid plan if you ask me. Evicting every citizen, throwing every american out of his home on to the street, taking everyone's savings, looting all retirement plans so some fat cat bankers won't take a loss?

This includes the police, the military, fire departments.

TV would not be able to exert any control over this situation.

Lets just say that rope makers will do very well in the coming years.

The citizens keep their money.

They do this all the time with FDIC seizures.


You're just afraid of success.

chuckle

MF Global changed all that. They, apparently, just made stealing $2 Billion of "fenced, safe" Customer Money perfectly legal.

THAT is the type of "success" that I am afraid of.

We don't just need a reinstatement of Glass-Steagall-- we need Glass-Steagall on a Steroids over-dose to fully ensure that this mess is whiped out, the perps go to prison and/or fined so heavily that no Bankster alive would want to ever do this shit, again.

"I am the bride at every funeral, the corpse at every wedding."-- Brother Theodore
Don't Blame Me-- I Voted For Cthulhu!
If you're there, God... Touch Inhofe's heart.
(This post was last modified: 04-19-2012 11:29 PM by Monkeyfister.) Quote this message in a reply
Gibbie
^D ^D ^D whoa
User ID: 49076
04-19-2012 11:28 PM

Posts: 7,187



Post: #33
RE: Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
Luvapottamus  Wrote:
Gibbie  Wrote:
Where are they going to get the money???

Well, that's gonna require some help from Bill Black, and Bill Still.

Bill Black to figure out where they put the real assets they stole and replaced with derivatives.

And Bill Still to advise the monetary authority. His idea is "congress can't be trusted deciding the quantity of money, only to set in inflation targets."

Instead, you have a body similar to the fed, but it is run like the senate, sort of. Each state legislature can send two delegates to the new M3 authority.

Treasury issues the money.

As an emergency measure, you retain the staff of these banks just like the FDIC does, until it's all sorted out.

There are solutions out there. Many are in my Glass-Steagall thread.
No I mean the money for the derivatives pay outs Popcorn

Challenge your programming.
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BJ
lop guest
User ID: 91283
04-19-2012 11:38 PM

 



Post: #34
RE: Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
I liken "them" to game players: Chess, Monopoly, and Blackjack. They always win, we always lose. They make the rules and can change them anytime they choose.

The zeros they wind up with is the name of their game. They already know their zeros are worthless, yet they keep playing, all behind the scenes. Chavez was smart enough to call for his gold and quit the game.

I could be wrong, but it's such a scam, could my theory be otherwise?
Talk about laughing all the way to the bank!
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Monkeyfister
CENSORED
User ID: 82845
04-19-2012 11:39 PM

Posts: 3,550



Post: #35
RE: Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
Gibbie is correct.

The "money" doesn't exist to cover even a tiny percentage of these Derivatives. Even the "insurance" on these Derivatives (which are ALSO Derivatives) is almost entirely just pixels. The REAL cash (fiat) money they are ponying-up, is mere pennies on the thousands of dollars.

TOTAL WORLD Annual GDP is ~$63.12 Trillion, as of late 2010.

It would take four years of snatching up every single penny that every single person and company earned worldwide to pay this BS off... and the Banksters will keep making more, until they are FORCED to stop.

The way these Bailouts were presented, the DEAL was that we would loan them the cash, and THEY would stop, and unwind this horrible mess. Remember all that Media clap-trap about how we need to keep the same people who created the mess in place, and well compensated because they are the ONLY PEOPLE ON THE PLANET who could fix the mess? Yeah.

Those fuckers are still taking OUR money, and doubling-down on their shitty bets, and enjoying FAT Compensation... Ain't fixin' or unwindin' a dambed thang, 'cept for any question that they are, indeed, "Too Big To Fail." Bassturds!

My advice: Go LOOOOONG on Pitchfork, Torches, Tar and Feathers Futures. Time your exit carefully enough, and you'll WIN!!!

"I am the bride at every funeral, the corpse at every wedding."-- Brother Theodore
Don't Blame Me-- I Voted For Cthulhu!
If you're there, God... Touch Inhofe's heart.
(This post was last modified: 04-19-2012 11:49 PM by Monkeyfister.) Quote this message in a reply
Luvapottamus
Registered User
User ID: 82349
04-19-2012 11:53 PM

Posts: 20,391



Post: #36
RE: Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
Gibbie  Wrote:
No I mean the money for the derivatives pay outs Popcorn

Exactly.

chuckle Rofl

There is no such thing as sovereign debt. End the FED, bring back Greenbacks.
Wall Street Sales Tax http://www.youtube.com/watch?v=Vb5OQUElilo
United Front Against Austerity
Quote this message in a reply
Monkeyfister
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User ID: 82845
04-20-2012 12:00 AM

Posts: 3,550



Post: #37
RE: Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
BJ  Wrote:
I liken "them" to game players: Chess, Monopoly, and Blackjack. They always win, we always lose. They make the rules and can change them anytime they choose.

The zeros they wind up with is the name of their game. They already know their zeros are worthless, yet they keep playing, all behind the scenes. Chavez was smart enough to call for his gold and quit the game.

I could be wrong, but it's such a scam, could my theory be otherwise?
Talk about laughing all the way to the bank!

You've got the picture pretty well.

They're the bank, and they make the rules, because they know that little you cannot afford the Lawyers to take them on.

I once received a CitiCard "pre-approved" thing in the mail. I took out the Agreement, and a pen, and crossed out (struck out) every clause I did not agree with and sent it back to them. The rejected it, of course.

I should have gone to a Notary Public to witness my signing, and certify True Copies, and all that.

Short story long: They make the rules, they ARE the Bank, and they are laughing at us.

"I am the bride at every funeral, the corpse at every wedding."-- Brother Theodore
Don't Blame Me-- I Voted For Cthulhu!
If you're there, God... Touch Inhofe's heart.
Quote this message in a reply
LoP Guest
lop guest
User ID: 51510
04-20-2012 12:03 AM

 



Post: #38
RE: Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
Mother Mary  Wrote:
LoP Guest  Wrote:

1. I'd love to have a horse. I don't have the money to buy, I don't have the money to move out into the county,2. because the "law" says I can not have a horse in the city. 3.How can I hoarde precious metals when it take that money to buy it? 4.It takes that same money to buy the booby traps.

Dear Pessimistic Poodle:

1. Still Free in nevada, utah, Idaho, Arizona, North Eastern California:
Craigslits For Example; also, you can round up feral herds.

2.The law is someone else's interpretation of another law. Each case is special. You CAN get around some of their tricks. Ever hear of a Seeing Eye horse? me niether, but go with it. There are still main street american cities you can ride a horse down.

3. FREE:Willow Branches as Dowsing Rods have been used with Success to find Water and Perhaps even GOLD. Pendulums and star maps, too.

4. Um, i like boobies, my traps involve the FREE tester cologne at macy's.
jk, natives are pretty spry at spearing fish, snaring rabbits, and hunting fowl with blow guns, homemade rope from yucca fiber, and flints strapped to long poles.
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BJ
lop guest
User ID: 91283
04-20-2012 12:05 AM

 



Post: #39
RE: Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
Monkeyfister  Wrote:
Gibbie is correct.
.....
The way these Bailouts were presented, the DEAL was that we would loan them the cash, and THEY would stop, and unwind this horrible mess. Remember all that Media clap-trap about how we need to keep the same people who created the mess in place, and well compensated because they are the ONLY PEOPLE ON THE PLANET who could fix the mess? Yeah.

Those fuckers are still taking OUR money, and doubling-down on their shitty bets, and enjoying FAT Compensation... Ain't fixin' or unwindin' a dambed thang, 'cept for any question that they are, indeed, "Too Big To Fail." Bassturds!

My advice: Go LOOOOONG on Pitchfork, Torches, Tar and Feathers Futures. Time your exit carefully enough, and you'll WIN!!!

I'd say you put that very well! Perhaps, the pitchforks, torches, tar and feathers futures are our wild card, if they even allow such in the games they play.
Quote this message in a reply
Monkeyfister
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User ID: 82845
04-20-2012 12:12 AM

Posts: 3,550



Post: #40
RE: Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
RE: M3 Authority--

Hmm, and Harumph! We all took notice, and wondered aloud what the hell Bush was doing closing down M3 data reporting way back then. Here's the reason. Right here.

People were beginning to notice that the Derivatives "value" was far out-stripping Global GDP and then some, and M3 showed that there's no functional way to service this when it goes to hell.

So... They opted for the [strike]Right Thing[/strike] Profitable To Do, and simply stopped reporting the M3.

And partied hard.

Then, started telling entire COUNTRIES that they need to impose massive AUSTERITY Plans on their toiling masses, ensuring those countries' economic ruin, and allowing them to buy Public Assets for almost free, and declaring them assets against this Derivatives scam, allowing them to create more Derivatives. Only Iceland said, "No."

Iceland is doing really well in the wake of the threats, and the default, their solutions to the crisis seem to be pretty spot-on.

Ireland, England, and Greece are under the Austerity, and well-- failing right on schedule.

Spain, Portugal, and then Italy are next in the cue.

ker-CHIINNNGG!!!

"I am the bride at every funeral, the corpse at every wedding."-- Brother Theodore
Don't Blame Me-- I Voted For Cthulhu!
If you're there, God... Touch Inhofe's heart.
(This post was last modified: 04-20-2012 12:20 AM by Monkeyfister.) Quote this message in a reply
Luvapottamus
Registered User
User ID: 82349
04-20-2012 12:12 AM

Posts: 20,391



Post: #41
RE: Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
BJ  Wrote:
Monkeyfister  Wrote:
Gibbie is correct.
.....
The way these Bailouts were presented, the DEAL was that we would loan them the cash, and THEY would stop, and unwind this horrible mess. Remember all that Media clap-trap about how we need to keep the same people who created the mess in place, and well compensated because they are the ONLY PEOPLE ON THE PLANET who could fix the mess? Yeah.

Those fuckers are still taking OUR money, and doubling-down on their shitty bets, and enjoying FAT Compensation... Ain't fixin' or unwindin' a dambed thang, 'cept for any question that they are, indeed, "Too Big To Fail." Bassturds!

My advice: Go LOOOOONG on Pitchfork, Torches, Tar and Feathers Futures. Time your exit carefully enough, and you'll WIN!!!

I'd say you put that very well! Perhaps, the pitchforks, torches, tar and feathers futures are our wild card, if they even allow such in the games they play.

Yeah that was very well put Monkeyfister, you too BJ.

It's monopoly.

They started with more money than you, and got the third and fourth sides of the board.

So it's just attrition now.

If they didn't own Congress this could be fixed.

If they didn't own the president, and couldn't kill him, this could be fixed.

If they didn't make the voting machines, this could be fixed.

They pretty well have it all wrapped up at this point. Two hotels on each property.

We've got baltic avenue and it's mortgaged.

Tissue

There is no such thing as sovereign debt. End the FED, bring back Greenbacks.
Wall Street Sales Tax http://www.youtube.com/watch?v=Vb5OQUElilo
United Front Against Austerity
Quote this message in a reply
Luvapottamus
Registered User
User ID: 82349
04-20-2012 12:14 AM

Posts: 20,391



Post: #42
RE: Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
Monkeyfister  Wrote:
RE: M3 Authority--

Hmm, and Harumph! We all took notice, and wondered aloud what the hell Bush was doing closing down M3 data reporting way back then. Here's the reason. Right here.

People were beginning to notice that the Derivatives "value" was far out-stripping Global GDP and then some, and M3 showed that there's no functional way to service this when it goes to hell.

So... They started telling entire COUNTRIES that they need to impose massive AUSTERITY Plans on their toiling masses, ensuring those countries' economic ruin, and allowing them to buy Public Assets for almost free, and declaring them assets against this Derivatives scam, allowing them to creat more Derivatives.

ker-CHIINNNGG!!!

I called my cousin on the PHONE when they stopped reporting M3. Harvard grad, works on Wall Street.

"Oh I don't think that matters."

Lmao

There is no such thing as sovereign debt. End the FED, bring back Greenbacks.
Wall Street Sales Tax http://www.youtube.com/watch?v=Vb5OQUElilo
United Front Against Austerity
Quote this message in a reply
Zero Point
Well I thought it was funny.
User ID: 86957
04-20-2012 12:16 AM

Posts: 10,052



Post: #43
RE: Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
Absolutely awesome way to illustrate the problem.
http://www.youtube.com/watch?v=3dl1y-zBAFg
This vid does that OK too.

CENSORED (by popular demand).
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LoP Guest
lop guest
User ID: 91001
04-20-2012 12:20 AM

 



Post: #44
RE: Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
17:17  Wrote:
We will be nothing but a joke in the history books.

Consequences will never be the same!

http://www.youtube.com/watch?v=HGVeJ7w4R6U
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Monkeyfister
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User ID: 82845
04-20-2012 12:22 AM

Posts: 3,550



Post: #45
RE: Absolutely Incredible Infographic Showing The Enormity Of The Derivatives Problem...
Luvapottamus  Wrote:
BJ  Wrote:
Monkeyfister  Wrote:
Gibbie is correct.
.....
The way these Bailouts were presented, the DEAL was that we would loan them the cash, and THEY would stop, and unwind this horrible mess. Remember all that Media clap-trap about how we need to keep the same people who created the mess in place, and well compensated because they are the ONLY PEOPLE ON THE PLANET who could fix the mess? Yeah.

Those fuckers are still taking OUR money, and doubling-down on their shitty bets, and enjoying FAT Compensation... Ain't fixin' or unwindin' a dambed thang, 'cept for any question that they are, indeed, "Too Big To Fail." Bassturds!

My advice: Go LOOOOONG on Pitchfork, Torches, Tar and Feathers Futures. Time your exit carefully enough, and you'll WIN!!!

I'd say you put that very well! Perhaps, the pitchforks, torches, tar and feathers futures are our wild card, if they even allow such in the games they play.

Yeah that was very well put Monkeyfister, you too BJ.

It's monopoly.

They started with more money than you, and got the third and fourth sides of the board.

So it's just attrition now.

If they didn't own Congress this could be fixed.

If they didn't own the president, and couldn't kill him, this could be fixed.

If they didn't make the voting machines, this could be fixed.

They pretty well have it all wrapped up at this point. Two hotels on each property.

We've got baltic avenue and it's mortgaged.

Tissue

Precisely correct.

Cheer

"I am the bride at every funeral, the corpse at every wedding."-- Brother Theodore
Don't Blame Me-- I Voted For Cthulhu!
If you're there, God... Touch Inhofe's heart.
Quote this message in a reply



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