Mr. Zubi estimates that 11 trillion dollars were looted from the American economy. If one adds that 11 trillion to the estimates of what Barck Hussein Obama with Timothy Geithner looted from the American Treasury in 2009 at 13 trillion dollars, one is starting to talk about a great deal of money in the terms of what was stolen would have paid off almost half of the US real debt hovering around 60 trillion dollars. My estimates are in the league of Obama spending, Obama debt and the nefarious and very illegal market manipulation which Tim Geithner was engaging in, in selling short on the US Stock Market and harvesting funds for Obama benefactors and for clandestine Obama policy.
What Geithner was doing is exactly the nation rapist short selling which George Soros and Warren Buffett are constantly up to. Geithner was in being backed by the US Treasury would dump money into Wall Street for a few weeks. Then on a Friday, he would make a massive algorithm sell off, which is what the British Government outed and started alerting the world to. This short selling in knowing the market was going to be dropping simply had to be known by major players who were using this piracy to run their financial institutions in making up for operational funds in what Mr. Diamond is pointing to his 11 trillion dollar robbery.
For the record, that is why America has no money nor expansion. No nation can have stolen from it 24 trillion dollars, markets robbed of liquidity, investors robbed of savings and Obama opening up the debt taps even further. This is the greatest criminal financial theft in world history. It is all in plain sight and most of that currency is sitting in central European banks, and has as this blog noted, should be ordered back into American finance or a war will ensue and America will take her funds back.
This is the same group which was selling short in airline and other stocks moments before 9 11 was struck.
Economic Jihad.
"The most influential members of Managed Funds Association, the hedge fund short sellers, have an anti-capitalism agenda, an anti-industrialized nation agenda, and a far left liberal, Marxist radical agenda," Diamond says." Hedge Fund short sellers are not capitalist. They are anti-capitalist and they are not investors; they are anti-investors." He says they "loot" companies and countries.
"George Soros put the support of the organization [the MFA] behind Obama," his book says. "Soros wanted somebody that hates the traditional America and its constitution, a left-wing radical like himself, so he chose Obama."
"Nothing will happen until the American people know what caused the economic crisis and the solution for fixing it," he tells AIM. "Nothing will happen until the American people know about the Managed Funds Association and their role in engineering the economic collapse." He calls the MFA "the cancer in our society that needs to be cut out, exterminated and abolished.
Secret off-shore accounts? LOL! Short sales are nothing new, nor are they nearly as nefarious as the blogger paints them to be. And--the ordinary U.S. investor can get a margin account at any domestic broker (e.g., Scottrade) and conduct short sales. There is absolutely nothing wrong in wagering that the value of a security will drop, just as there is nothing wrong in wagering that the value of a security will rise.
It is all in plain sight and most of that currency is sitting in central European banks, and has as this blog noted, should be ordered back into American finance or a war will ensue and America will take her funds back.
The blogger really doesn't understand how fractional reserve banking works, does he?
There is NOTHING in plain sight. Most of the "money" we know is not tangible; most of it exists as bits on the hard disks of bank computers, backed by bits on the hard disks of other bank computers.
Now, I'm not going to dismiss the excessive (and dangerous) reliance on imperfect computer models, the corruption in the system, straight-up bad policy (particularly with regards to how market actors juggled the risks associated with buying and selling different debt instruments), and the elements of human greed and fear, but I think it's foolish to just point a finger at market actors who engage in lawful short sales.
Duh.
i wish the same for soros as i do for nobama...but i can not put it in writing!
Anybody got an address?
Soros has already been found guilty of this same criminal activity in other countries. Why would anyone give this guy a pass? He clearly has the money “AND” the experience “AND” the people at the top (Geithner-Obama) “AND” the intentions “AND” the criminal history etc etc. Ask yourself one simple question...WHO made the run on the banks and pulled billions out of the market before they finally shut it down. WHO gained billions on the short side from that little maneuver. Both of those questions have yet to be answered. Was it a coincidence that it happened just before the election when McCain was leading in the polls? Hmmmm...Still no clear answers to these questions?