Posted on 03/01/2011 7:32:45 PM PST by khnyny
ping
What was the story behind the 1000 point fall aka flash crash
I believe the financial terrorism was
implemented by Barney Frank and Chris Dodd
with the help of the entire democrat party.
Can we all say duh?
It only took ‘em 3 years to get it?
Retards.
The issues is also discussed on another thread:
http://www.freerepublic.com/focus/f-news/2682067/posts
If the "terrorists" did it, then Bawney Fwank, Obama, DemoRats, and Federal home lending requirements are all innocent!
If true, this would let Obama off the hook, maybe even let Bush off the hook?
"Oops"
Best RATs and RINOs money could buy.
They were clearly in on on it also, Marxism knows no borders. Frank and the others take their orders from Moscow and Bejing not from the American tax payer.
I don't think so. Both of the Ass-Clowns In Chief" responses made it worse than it had to be.
heck, didn’t paulson write that he had been told by china that russia asked them to collude in collapsing the agency debt market in mid-2008, but they declined?
There were real structural weaknesses in the financial system, but it is a no-brainer that nation-states participated in the mess. Russia is on top of the suspect list.
I'm looking forward to watching “Inside Job” by Charles Ferguson. I've personally come to the conclusion that Wall Street, much of our government and most of the big banks are nothing more than parasitic ticks which suck the blood off of their “customers” and “constituents”. Their own survival and greed is paramount - the so-called “strong” feeding off of the weak so to speak.
Bin Ladin!
"...What it basically means is: to change the perception of reality of every American that despite of the abundance of information no one is able to come to sensible conclusions in the interest of defending themselves, their families, their community, and their country.It's a great brainwashing process which goes very slow and is divided into four basic stages.The first stage being "demoralization"...."---KGB Defector Yuri Bezmenov
"We haven't CHANGEd the mortgage industry, we've REVOLUTIONized it."
It’s a no brainer that’s apparently been studiously ignored - at least publicly.
Bit late for that.
And I doubt the bankers want to make things that secure.
Then Ferguson makes case that banks made risky loans and quickly sold the near worthless paper to unsuspecting outsiders.
It's true, but why would established banks suddenly start to do this after decades of successful ongoing conservative management? Well now yer askin' too many questions, see!
2008 economic crash bump for later......
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