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User Info And The Fraud Rolls On in forum [Ticker]
Genesis
Posts: 71431
Incept: 2007-06-26
A True American Patriot!
KD^2
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http://market-ticker.denninger.net/2008/....

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-04-16 20:15:20
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Bdh
Posts: 924
Incept: 2007-12-16
U.S.
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And the increadible Tickers roll on...


Thanks.

2008-04-16 20:35:45
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Mrgone
Posts: 1688
Incept: 2007-09-15

As if anyone gives a crap
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Karl, am I wrong here or did you finally admit that it's all about oil? Always has been and always will be?

If your answer is yes, then you must realize that the end game being played out here is "unrecoverable."

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“I hope we shall... crush in its birth the aristocracy of our moneyed corporations which dare already to challenge our government in a trial of strength, and bid defiance to the laws of our country.”
— Thomas Jefferson, 1816
Sorry about that Tom
2008-04-16 20:41:15
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Danimal
Posts: 669
Incept: 2007-08-27

-FREEDOM AINT FREE-
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This is the finest Ticker and Video I have seen. It will get attatched to my emails to anyone that cares to watch it including my congress critters. Thanks Karl. The time for action is now.

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"Are you going to do something or just stand there and Bleed"?
2008-04-16 20:55:35
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Genesis
Posts: 71431
Incept: 2007-06-26
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KD^2
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Mrgone, no.

Its all about the dollar.

We have boxed ourselves in with energy policy for the last 20 years, and now must either defend the dollar - which means sacrificing Wall Street's games - or we're all ****ed.

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-04-16 20:57:24
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Mrgone
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Fair enough, I still think it's all linked to oil.

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“I hope we shall... crush in its birth the aristocracy of our moneyed corporations which dare already to challenge our government in a trial of strength, and bid defiance to the laws of our country.”
— Thomas Jefferson, 1816
Sorry about that Tom
2008-04-16 21:08:07
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Genesis
Posts: 71431
Incept: 2007-06-26
A True American Patriot!
KD^2
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Again - price oil in Euros.

Yes, it has gone up.

By how much less?

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-04-16 21:15:11
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Sburnsinca
Posts: 54
Incept: 2007-12-05
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KD, please don't assume that I do nothing. I have written and called my Congressman and both my state Senators. I don't sit and drink beer (I never drink alcohol). I have been fortunate in my trades despite the rampant FRAUD that you mention and all the FRAUD that you have not mentioned. I have also signed your petitions.

My father taught me the golden rule at an early age: Those with the gold make the rules.

What do you think of this...if everyone of us and all our friends could pick a specific day and withdraw all but a small amount of money from bank accounts, stock accounts, mutual funds, and every other account that gave corporate America use of our funds, and then hold it out until we got some changes in the way Congress regulates level 3, banks, the Fed, the SEC and who ever else we (you) thought was colluding in the Fraud that exists? In other words, go on financial strike until changes were made. Imagine the power of the people on this board...if we all opened accounts on a medium sized bank and then all on the same day withdrew our funds from that bank, would it create a run on the bank? If so, could we do it to one and then pick another and then another to do? Just shooting out ideas because my politicians don't seem to care. Out of writing to the White house, both senators, and my congressman, I have received standard form replies from only one senator and my congressman.

I love this country and don't want it to fall due to mismanagement by corrupt politicians and corporate America. I think we need to show this country we have power and are not afraid to use it.

2008-04-16 21:15:55
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Genesis
Posts: 71431
Incept: 2007-06-26
A True American Patriot!
KD^2
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I believe organizing a bank run can get you in quite a bit of trouble, but if we were to get people to withdraw all but say $500 from their accounts all at the same time, even if dispersed, it would have quite the impact.

It would have to happen in significant numbers of course.

Hypothetically, of course.

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me

Last modified: 2008-04-16 21:19:48 by genesis

2008-04-16 21:19:25
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Sburnsinca
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One other thing I forgot to mention but need to say: I have the utmost respect for you and you are one of the smartest people I know. Thank you for your hard work and dedication.

2008-04-16 21:19:36
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Ugh
Posts: 305
Incept: 2007-12-22
Weimar Republic
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Gen,

IMO J6P will be sitting in his cold dark McMansion staring at a blank 50" plasma pornicator with two gasless SUVs in the driveway ****ing and moaning about how it's not his fault.

**** 'em. With a sanding drum.


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GD 2.0 Academy Nominee: Dr. Strangebove or How I learned to Stop Worrying and eat a Bomb

2008-04-18 02:01:12
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Colonelkurtz
Posts: 145
Incept: 2008-01-28
Seattle
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Gen,

Great Ticker. Bad conclusion. You, like Marx, understand the history and the ramifications, but the prescription for action is all wrong. And you are blaming the victims.

I come from a politically active family and my mother stood up against the machine. You know what it got her, a ticket to an early dirt nap, (from stress) and a shiny better looking machine, that co-opted all her language, watered down all her ideas, and had a lawyer at every turn to make sure that anything she did was cut off at the knees.

The Families that be, that have run this country into the ground under the guise of corporate rule, has, and always will do, what they want. They have the gold, the guns and the lawyers and thats what wins at these games. The only politically astute thing you have said on the action front is that it is an election year, and you now have a chance to get to these mother****ers. The other 18 months or 5 years, not a shot.

The only level that you can make an impact is at the local level. I have written letters and attended meetings. Put out plans to deal with coming cataclysm. Nothing. So here I am at the public comment portion of the last energy committee meeting for our city, I wanted to ask some questions about the impending bond crisis and I was told to shut up and get out. There was NO ONE there. A mob of one gets nowhere. Remember the guy in front of the tank in Beijing. That is what it is like fighting these corrupt corporate politicians.

And stop saying Democrat Party. It's grammatically incorrect. How would you like me to say that your party is the Republic Party?

We need a ****ing mob action, like in Gangs of New York. Then these ****ers might listen!

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Democrats; the velvet glove over the iron fist of Republican rule
2008-04-18 02:46:04
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Genesis
Posts: 71431
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KD^2
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The victims are self-imposed.

**** you Kurtz. You want to whine and sit on your ass.

Go drink your ****ing beer you leach. It is precisely your attitude that is leading to the destruction of this nation.

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-04-18 07:49:07
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Allclear
Posts: 4269
Incept: 2007-09-18

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Colonel...I think your concluding sentence says it all....mob action. Yeah, I agree as long as the reciprocation is directed at those in charge, and those that have pig****ed this country. If we continue to assume and accept that this country can be run under the guise that people are stupid and you have every right to take advantage of that stupidity, our country will fall hard and fast. It is exactly that attitude that brought us to where we are today. I do not blame anyone but the leaders in whom we placed our trust, and who have taken an oath to uphold the Constitution. Maybe I don't get out much, but I do not know a single person who will sit back and say...abuse me, take advantage me.

As far as this election, you have no choice to change things. Whereever that notion comes from I surely would like to know. And how can we stand up to this dark force, when powerful political leaders even hesitate to say the wrong things...in fear of their lives, livelihood and family.

I agree with Gen that this is up to us, and no one else is going to help us. We must help ourselves. And I think that is exactly what the colonel is saying, "We need a ****ing mob action, like in Gangs of New York. Then these ****ers might listen!" Now, those are some inspiring words.

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Many of the truths we cling to depend greatly on our point of view...Obi-Wan

Last modified: 2008-04-18 14:56:13 by allclear

2008-04-18 14:55:35
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Turtlesrule
Posts: 436
Incept: 2008-02-26

Windy City
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Go long

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Saturday, Donny, is Shabbos, the Jewish day of rest. That means that I don't work, I don't get in a car, I don't ****ing ride in a car, I don't pick up the phone, I don't turn on the oven, and I sure as ****
don't ****ing roll! Shomer shabbos!

This town deserves a better clas
2008-04-20 21:24:37
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