Any of you GBTV (Glenn Beck) fans out there have heard him discussing it over the past day or two.
Just wanted to throw this out into FR land for anyone interested.
Did we ever learn what really happened the day of the 1000 or so point loss in a few minutes ?
Sounds like Soros-et-al wants to lay blame to foreign elements rather than their own (Soros, Open Society, zer() as the stooge) hides.
Two events, both of which were perpetrated by the Obama regime have destroyed the bond market and the commodities market.
1.) Stealing the property of GM and Chrysler bond holders and turning it over to the Auto Workers unions when those two automakers went bust. Why would anyone in their right mind invest in a bond after that bout of sheer idiocy on the part of Obummer?
2.) MFC Global - Property in vaults stolen under fraudulent circumstances and given to make JP Morgan whole. Nobody goes to prison - not even Corzine. This was theft clear and simple - people had gold bars with serial numbers engraved on them in safe deposit boxes. This is as if your car was stolen when the guy who you rented a garage from had financial trouble...
Nobody in their right mind can trust markets any longer, at least not in the USA. Obama destroyed the bond market and the commodities market with sheer idiocy.
It’s over and the Muslims didn’t do it, the Chinese didn’t do it, the Soviets didn’t do it...
And no one saw it coming. Gimme a break. If we were so blind, we deserve what we got. It’s called losing. Like we play fair in every case. Who sold those crap loan bundles to the world? Who rated them AAA? It was a matter of time before a rationalizing exculpatory book like this came out. Another gothic Goebbelsian “stab in the back” evasion of responsibility, when the culprit is our own stupidity.
I saw this guy on GBTV yesterday. Right after the show, I bought the book. He makes credible sense.
I saw this guy on GBTV yesterday. Right after the show, I bought the book. He makes credible sense.
They inhabit city halls and number in the millions... over 20 million government employees all up to no damned good.
↑ The Chinese and Muslims didn't do this! ↑↑↑
Just heard him on Glenn’s show this morning which was good to know. Then Glenn went on to bash Newt, made me sick! Who in the world does Glenn want to be the GOP nominee? One of the guys on there did say Newt won the debate last night but I sure don’t understand them rallying around Romney.
Impossible. Everyone loves us and wants to give us valentines now that Obama is President.
This quote from a Polish reporter in a Czech newspaper says it all
The danger to America is not Barack Obama but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president.
The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America . Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince.
The Republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools such as those who made him their president.
And just subsitutue Romeny on our side in for Obama
Reading Freerepublic leads you believe everyone is as informed and has their positions well thought out as you, but a 5 minute talk with "regular" people out in there in the "real world" will quickly show we are nothing but a nation full of idiots. Watch a skit of "Jaywalking" on the Jay leno show or Sean Hannity's man on the street, THAT"S the NORM.
Yup, it was Chinese and Islamic terrorists who lent hundreds of billions of dollars to people who could never pay it back so they could buy houses the never could afford, so that some unsuspecting banker could bundle those loans and sell them to the Chinese and Middle East investors.
This is garbage conspiracy rot.
The financial meltdown was a result ultimately of the repeal of Glass-Steagall and a deep capture of SEC and Congress by investment bankers, their surrogate hedge funds and insurers.
No one has gone to prison yet even as the malfeasance makes Enron look like a kindergarten playground.