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To: aNYCguy

So you don’t really realize what when on here with MF Global, the CME, and how the customers were treated. OK.

If the bit about having your wealth local so you can guard it with an assault rifle is all you took away from this, you aren’t paying attention. The real issue is the lack of integrity in the system. The rest falls out from that, and is the reason Ann made that comment. Do you have anything substantive to say on the underlying issues, or are you just trying to gin up an online argument with the stupid rubes out in the sticks? By the way, do you have one of these on your wall?: http://strangemaps.files.wordpress.com/2007/02/newyorker2.JPG

You can go back to your sparring with other FReepers on various issues now (some of which I agree with you on).


87 posted on 12/19/2011 4:04:08 AM PST by FreedomPoster (Islam delenda est)
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To: FreedomPoster

/when/went/

Need coffee now.


88 posted on 12/19/2011 4:05:55 AM PST by FreedomPoster (Islam delenda est)
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To: FreedomPoster
So you don’t really realize what when on here with MF Global, the CME, and how the customers were treated. OK.

No, actually, from what I've read it appears that these failed institutions are conspiring with the bankruptcy trustees to steal property from the depositors who trusted them. It is repugnant, and it is the sort of event responsible for Americans' dismally low faith in the financial sector.

So yes, I also think that the real issue is the lack of integrity in the system. It's apparent that private financial institution can steal public and private funds with the assistance of government without anyone being held accountable.

Unlike you, I think that talking about burying gold and standing over it with an assault rifle is a distraction. And if it's not the real issue for you, that's great, but it sure seems to rise to the top in many of these discussions.
91 posted on 12/19/2011 2:01:47 PM PST by aNYCguy
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