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Goldman Arming Itself? :->
Market Ticker ^ | 1 Dec 2009 | Karl Denninger

Posted on 12/01/2009 8:05:57 AM PST by DuncanWaring

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To: hennie pennie

http://www.freerepublic.com/focus/f-news/2268502/posts

http://www.freerepublic.com/focus/news/2280272/posts

http://www.freerepublic.com/focus/news/2350310/posts

http://www.freerepublic.com/focus/news/2363032/posts

http://www.freerepublic.com/focus/news/2376551/posts

http://www.freerepublic.com/focus/news/2393425/posts

Here were some related articles


41 posted on 12/01/2009 9:08:12 AM PST by FromLori (FromLori)
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To: DontTreadOnMe2009
Read the two Matt Tiabbi articles about Goldman Sachs being “The blood sucking vampire squid stuck on the face of humanity ... forever”

You mean the same Matt Tiabbi who is a regular on Rolling Stone magazine and comes up with a different way to bash Republicans/Conservatives/Christians every month while praising his true savior Barack Obama? No thanks, I'll pass.

42 posted on 12/01/2009 9:12:44 AM PST by Oshkalaboomboom
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To: DuncanWaring; Beckwith; LucyT; Fred Nerks; Jeff Head
Benniger is an idiot.

This is lefty vilification of bankers, and Wall street.

The true villains in this are our elected representatives in Congress and our bank regulators, Fannie Mae , Freddie Mac and HUD.

This is an attempt to shift things away from the government where the true responsibility lies. And the anger of Americans is going nuclear, according to the polls over 70% of America is angry at the government.

This is an attempt to shift that anger and use it to threaten Wall Street and bankers.

If anyone needs to give our money back it is the government, which it can do by returning to Reagan economics, and abolishuiung corporate taxes, death taxes and capital gains.

This article is just bull shite. An attempt to shift blame away from the government, vilify our banking system and Wall Street free market economy so as to prepare it for nationalization by the federal government. Eff the government, not Wall Street.

OBAMA , GIVE OUR MONEY BACK!CUT ALL TAXES NOW!If anyone would be hung from lamp posts it should be those responsible in our government and its bureaucracy for sub prime mortgage lending policies.Harry Reid is first on that list, along with his real estate hawking family of bozos back in Nevada.

PRESERVE OUR FREE MARKET ECONOMY AT ALL COSTS!

43 posted on 12/01/2009 9:13:03 AM PST by Candor7 ((The effective weapons Against Fascism are ridicule, derision, and truth (.Member NRA))
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To: Neil E. Wright

BANG!


44 posted on 12/01/2009 9:13:45 AM PST by dcwusmc (We need to make government so small that it can be drowned in a bathtub. III OK)
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To: Night Hides Not

I’ll find some lampposts!


45 posted on 12/01/2009 9:15:48 AM PST by dcwusmc (We need to make government so small that it can be drowned in a bathtub. III OK)
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To: StolarStorm

They will be tracked down, does not matter where they go.


46 posted on 12/01/2009 9:18:54 AM PST by coon2000 (Give me Liberty or give me death!)
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To: Candor7

If you were familiar with the works of Mr. “Benninger”, you would know he’s been railing against the trolls, knaves and scoundrels in Congress, the bank regulators, Fannie Mae, Freddie Mac, HUD, the FDIC, the Fed, etc for an extended period of time, pointing out specifically who has been violating which law the legal penalty for violation thereof.


47 posted on 12/01/2009 9:19:42 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Candor7
Good post and spot on. Denniger is a horses ass that makes up the numbers as he goes along. The bigger the number the better the rant. It appears he has a problem with capitalism, along with the good and bad that comes with it, rather than the destruction of the greatest system of wealth creation the world has ever known by an ever intrusive government that conservatives are supposed to abhor.
48 posted on 12/01/2009 9:23:19 AM PST by Mase (Save me from the people who would save me from myself!)
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To: Candor7

A whole LOT of bankers were complicit and even EAGER partners in this rape of the taxpayers, so this is not a “bash the bankers” piece really at all. Yes, the politicians, such as Frank, Dodd, Pelousy, Reid, et cetera ad nauseum, need to decorate lampposts just as much as the banker-accomplices do. But with the banksters running from Goldman to the Treasury and back, you cannot logically say that government is the ONLY TRUE villain in this sordid mess. It took teamwork to get us this messed up. And the whole TEAM needs their necks stretched after the tar and feathers are applied properly.


49 posted on 12/01/2009 9:24:22 AM PST by dcwusmc (We need to make government so small that it can be drowned in a bathtub. III OK)
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To: DuncanWaring

Wow...this writer is one nasty little man!


50 posted on 12/01/2009 9:28:35 AM PST by gogeo (Lefties...making small minded pettiness seem...well, fashionable.)
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To: Oshkalaboomboom

His latest RS article is titled “Obama’s Wall Street Sellout”. Of course, a little dirt gets scattered on the Republicans too, so you might want to skip it.


51 posted on 12/01/2009 9:31:46 AM PST by Wolfie
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To: Mase
It appears he has a problem with capitalism, along with the good and bad that comes with it, ...

You're not familiar with the historical body of work of Mr. Denninger, are you?

He doesn't have a problem with capitalism, he has a problem with lies and fraud.

52 posted on 12/01/2009 9:32:08 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: gogeo

Only if you’re a thief or a troll.


53 posted on 12/01/2009 9:33:10 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Candor7

I’m certainly not a “lefty” and I have plenty of problems with bankers.

Starting with their two-faced attitude towards “free markets” - which goes like this:

1. We bankers want a free, unregulated market. For us. Only for us. You little investors... you get the regulation. You’re stupid, and cannot be trusted with your own money.

2. We bankers want to be able to make outsized profits for doing nothing more significant than shuffling paper around our desks and making numbers dance like a fairy on the head of a pin. And when the numbers don’t add up, or our mathematical “models” blow up, we want to be bailed out by the taxpayers or the Fed.

3. When we ask for a bailout, we’re going to use the same tactics terrorists use: we’re going to walk onto Main Street USA with a financial suicide bomb strapped around us and yell “If you don’t bail us out, we’ll take you with us!”

4. When people protest about how much money we’re making off the loans the taxpayer gave us at absurdly below-market rates and terms, we’ll protest “we’re doing God’s work...” (as Blankfein did in London). It is nauseating when they wrap themselves in the flag, but to lay claim to knowing the intentions of the Almighty... well, Blankfein redefined “chutzpah” that day.

As far as I’m concerned, bankers asked for socialism. They should get it - good and hard. Right down to the last detail.... the part where the government officials inquire “in which ear would you like your bullet, comrade?” and the after-detail, where his next of kin are billed for the bullet.


54 posted on 12/01/2009 9:34:16 AM PST by NVDave
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To: dcwusmc
I’ll find some lampposts!

Took the test on your home page...looks like we share the same views.

Semper fi, FRiend!

55 posted on 12/01/2009 9:34:41 AM PST by Night Hides Not (If Dick Cheney = Darth Vader, then Joe Biden = Dark Helmet)
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To: Wolfie
"If you were to have Nuremburg Trial for the financial crisis, Robert Rubin would be the first one on the docket" - Matt Taibbi

Yeah, real liberal lover, that Taibbi.

56 posted on 12/01/2009 9:37:56 AM PST by Wolfie
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To: DuncanWaring

The banksters in question won’t be hauled out of their beds or their offices.

They’ll be on a 200+ foot megayacht, somewhere between the Caymans and the Bahamas, laughing their asses off.

And they’ve put away enough gold and foreign real estate to live like maharajas for a century.


57 posted on 12/01/2009 9:39:49 AM PST by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: NVDave
Well said.

Wall Street is like the NFL, ML Baseball, NCAA BCS Football, etc. They are not free market industries, they are highly protected cartels, with special protections such as anti-trust exemptions, or other special government benefits available to them.

I'll bet that 18 months ago, Bear Stearns would have proclaimed the free market spirit that embodies Wall Street.

58 posted on 12/01/2009 9:40:32 AM PST by Night Hides Not (If Dick Cheney = Darth Vader, then Joe Biden = Dark Helmet)
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To: Wolfie
His latest RS article is titled “Obama’s Wall Street Sellout”. Of course, a little dirt gets scattered on the Republicans too, so you might want to skip it.

When I think of John Boehner, I think of all the heavy lifting he does, as he blasts a shot out of a sand trap.

59 posted on 12/01/2009 9:42:15 AM PST by Night Hides Not (If Dick Cheney = Darth Vader, then Joe Biden = Dark Helmet)
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To: Tolerance Sucks Rocks

That’s one possible scenario of providing a spark to one of the many powder kegs.

The ACORNers are doing what they please and don’t even get a slap on the wrist.

The American people’s resentment of such “organizations” of unionized thugs will blow up one day and exact a disastrous price on them and the country.

Thugs don’t care because they think that they’ll win hands down. They’re quite mistaken in their ignorant overconfidence and by their blind following of their bosses who WANT to blow the country apart.


60 posted on 12/01/2009 9:48:25 AM PST by melancholy (Hey Marxists, don't Crap & Tread on me. Zer0's defeat is now in progress.)
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