Posted on 12/02/2011 12:59:58 PM PST by Lorianne
(podcast ... a must listen)
Was the collapse of MF Global an accident or the calculated move of a political insider? Ann passionately lays the whole scheme bare, explaining the massive implications this has for our legal and financial systems, not to mention how investors should prepare in the face of massive corruption.
I am no expert , but wasn’t the rule-of-law thrown out the window when zero took over GM ? Bailed out the unions and the bond holders got skrewed ?
2. I just did something that I strongly recommend all of you consider doing. I just put new tires on my vehicle. I could have gotten another 15k out of the set I had, but I thought it best to just get it done now. I also upgraded to a very high-quality snow/offroading sort of a hybrid tire - very aggressive tread without being a full-on Blizzak-type snow tire, so I'm good to go for my climate, year-round, for another 70k miles at minimum. Tires are one of those things that are very easy to overlook and forget about - but if you find yourself in need of them, they suddenly become very important. If we have a collapse, you don't want to be stuck driving around on slicks just waiting for a blowout because no one has any tires and there is no way to get any.
Post #22.
Good Lord I think I’m in love with this woman. It’s like hearing a female version of me talk.
Worked at a small commodities firm in the mid-90’s in Chicago and got an offer of going to the big dog Lind-Waldock but ended up trading for myself. Rusty on the clearing stuff, but if she’s right this is black hole level kind of destruction.
If I recall the chain is the client, the broker, clearing house, clearing house’s clearing house (basically a bank-like entity), and the exchange. That relationship was always sacrosanct and the foundation of market liquidity and fiduciary trust.
If this has been broken then it all comes crashing down. I believe as she says - the only way this could be allowed to happen is if you wanted it to happen. It’s the financial version of negating the law of gravity. You basically have nothing to stand on after that.
Very interesting that this THE John Corzine of New Jersey governor fame. Lends credence to her theory that this is some kind of Blowhard-Pinhead overwhelm-the-system strategy, throwing some bleach into the fish tank.
Time will tell if Barnhardt right.
Why can’t all women be like her.
I see that comment more than any other regarding Miss Barnhardt...
Excellent point.
I guess this shows it to be ongoing.
I wasn’t so much into making a lady-statement. Mine is plain black.
Glad you like the clip.
My friend Mike gave his wife one for Valentine's Day 2-3 years ago. When I told another friend about it, he said, "He must really love her."
To everyones suprise, she turned out to be a good shot with that thing from day one.
My plans calls for some of you to abandon your cars...I’ll use the batteries from the cars for electrical storage from solar cells.
because where do you put any money you have left?....couldn't it be taken from a bank just as easily?
and what are going to get?.... Romney...better than bama but still an elitist who will protect his fellow billionaires...
how much food can you store to make up for all of this?...
how many seeds?
if something happens....and I really don't know what that would be....then its going to be around for a long time....and it'll be a long time before people trust any bank or govt again...
I always find it curious that it seems conservative women of note have all the guts while the conservative men of note are all wimps. Just look at our GOP candidates, wimps, con men and kooks.
Did Obama benefit and receive the fruit from the looting of customer funds by Jon Corzine? Inquiring minds would like to know.
Ann Barnhardt mentions how Crook Corzine held a private ‘fund-raiser’ at 35k/plate for Obama.
Hmm... remember follow the money.
This is truly scary...
It blows my mind. People need to understand that what happened at MF Global isn’t really even related to the other she talks about, i.e. the massive debt pyramid that’s about to implode. It’s more fundamental than that.
The foundation of a free market society is a legal structure where all parties can trust that the terms of the contract will be honored. I don’t care if we had no debt, a gold standard, and no fractional banking, or whether you’re trading futures and options or bartering pigs for goats. If the govt or one of it’s cronies can arbitrarily rape you blind of your assets at any time - there is no market. It all grinds to a halt because no one will be willing to conduct even the simplest of transactions. Think of what that’d do to our economy if it all just suddenly stopped...
Very scary. Apocalyptic, doomsday, Mad Max scary.
they seem to forget that its WE THE PEOPLE that keep the show running...
I got mine for Mother’s Day a couple of years ago. It’s fun to shoot and I’m pretty accurate with it.
It won’t stop a T-Rex, but I don’t expect to have to face one!
When you kick men and boys in the teeth (mostly White men and boys) for forty years, what do/can you expect.
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