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| User Info | Are You Tired Of Your Children Being ****d? in forum [Ticker] | ||||
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Genesis Posts: 66463 Incept: 2007-06-26 
Royal Flush! 
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http://market-ticker.org/archives/673-Ar....
---------- I used to play flute; I wonder if I can play a fife? I incite prosecutors to create "Bubba Sausage Parking Lot" projects Darrell Issa has a middle finger and knows how to use it - Me 2008-12-04 10:08:12
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Mtgspy Posts: 5860 Incept: 2007-10-27 
Online
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Finally, a ticker that is just right at my intelligence level. I finally get it. "In a functioning society, when someone turns to theft (****), the law intervenes and throws said person in prison so as to protect the rest of society from their kleptomania (ever-stiff penis.)"
---------- You kill them all! - Genesis 2008-12-04 10:11:45
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Stonedog Posts: 1068 Incept: 2008-05-29
New Jersey
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Gen - scary **** - not least of which is your title (OMFG!) I sometimes send a link to friends and acquaitances. Though your writting is extremely important and informative, I think that this is one time that I won't be forwarding it. Gen, this is not meant to be a criticism. Just saying... ---------- "F**k CNBS, CONgress, Obama, the Democrats, the Republicans, the ratings agencies, the Banksters, the Fed, the FASB, all the government regulatory agencies, the Trilateral Commission, the Council of Foreign Relations, the G whatever, the UN, and any other bastard or big corporate interest that has a fingerprint on this 2008-12-04 10:17:49
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Steelhead23 Posts: 280 Incept: 2008-09-09 Portland OR
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Once again Karl, you've brightened my day. I'm probably a bit of an oddity among your fans - you see, I'm a socialist - and for quite some time now I have thought the best solution was for the government to capitalize new banks and let the existing ones die or survive as their past sins dictate. It warms my heart to have a dyed-in-the-wool capitalist agree with me. Sadly, my friend, few will listen. The Masters are going to continue raping and we are all victims. This is not going to end well.
---------- short em all - let God sort em out! 2008-12-04 10:28:42
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Genesis Posts: 66463 Incept: 2007-06-26
Royal Flush!
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Life is. Sometimes, life isn't pretty. But that doesn't change the reality of it. PS: Capitalizing new banks isn't socialist. What would be socialist would be for government to take over the lending function and retain it, choosing who can and cannot get a loan. ---------- I used to play flute; I wonder if I can play a fife? I incite prosecutors to create "Bubba Sausage Parking Lot" projects Darrell Issa has a middle finger and knows how to use it - Me Last modified:
2008-12-04 10:32:21 by genesis
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Eternalblue Posts: 3883 Incept: 2007-08-09 
sokali
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thats another thing, 20 years of bubble life, has made people unwilling to hear unpleasant truths ---------- all pullbacks are bear traps 2008-12-04 10:33:56
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Jkilkelly Posts: 1394 Incept: 2007-07-20
Mercer Island WA
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Karl - great ticker Dude you need to get laid; Sheila Bair is starting to look attractive to you. Its time ---------- “They say there are no atheists in a foxhole. Well, there are no libertarians in a financial crisis, either.'' Jeffrey Frankel, Harvard economist 2008-12-04 10:40:19
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Genesis Posts: 66463 Incept: 2007-06-26
Royal Flush!
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YUCK! God gave me two hands. ---------- I used to play flute; I wonder if I can play a fife? I incite prosecutors to create "Bubba Sausage Parking Lot" projects Darrell Issa has a middle finger and knows how to use it - Me Last modified:
2008-12-04 10:41:41 by genesis
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Super_z Posts: 326 Incept: 2008-01-19
America's Family Playground - What am I doing in a dry town?
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I'm pretty vulgar myself, and definitely desensitized to TF, but I let out a "whoa" when I saw that title. Another great ticker Karl, nobody distills this mess into an easily understandable form like you. ---------- "Pay no attention to Caeser, Caeser doesn't have the slightest idea what's really going on." - Kurt Vonnegut RIP 2008-12-04 10:48:27
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Mango Posts: 218 Incept: 2008-02-08
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LMFAO Karl, great ticker! I seriously like the idea of the new banks! But how would the branches get built in time? ---------- "Wall Street should be asking us for Bail, not Bailouts" T. M. O'Sullivan 2008-12-04 10:49:17
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Alsace Posts: 778 Incept: 2008-10-27
Bear says: Come Get Some!
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Mango, that's easy, when the big banks fail nearly instantaneously, the new banks take over their infrastructure, including branches, ATM networks etc. They'll take everything....but the friggin debt. Then we could go long signage. ---------- Via ova capitum dura est. 2008-12-04 10:52:17
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Mamao Posts: 55 Incept: 2008-02-18
S.E. Louisiana
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I dunno...seduction might be the better term in regards to lending practices. Noone held a gun to anyone's head and FORCED them to go into debt. ****= force. IMHO, none of this would have happened if folks lived within their means. The mantra at our house has always been, if you can't pay cash, you can't afford it, period. Mortgages being the only exception, and we paid ours off as fast as we could Now these bailouts are ****...we go to jail if we don't pay the taxes. 2008-12-04 10:53:50
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Timbo Posts: 961 Incept: 2008-10-10
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http://market-ticker.org/uploads/debt-co.... Doesn't this say we're dead, we just don't know it yet? ---------- http://mises.org/story/770 http://www.theplacewithnoname.com/blogs/klessons/index.html If you don't fly the plane and find a place to land, then God will find a place to park you. Last modified:
2008-12-04 11:22:24 by timbo
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Midwestman Posts: 1437 Incept: 2007-12-10
Indiana
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Mamao, Amen to your comments. Well said. 2008-12-04 11:24:08
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Judgesmales Posts: 1784 Incept: 2008-02-05
Las Vegas
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Who needs branches? These banks could do 90 percent of their business over the internet. And I'm sure there's plenty of vacant CRE that could be had cheap for a corporate headquarters. Hell, the .gov could just take it via eminent domain! Who's with me? Let's ........ do it! http://www.youtube.com/watch?v=MsmybQKpm.... ---------- "CNBC? What's that? My TV stops at Channel 13 like it's supposed to." -- Artie, Larry Sanders' producer 2008-12-04 11:28:34
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Capitalisa Posts: 12 Incept: 2008-06-15
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There are so many different ways one could express this same view without the constant references to ****. Enough. "Incendiary title"? Try sick. I'm outta here.
2008-12-04 11:28:43
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Rickysa Posts: 236 Incept: 2007-08-22
Southern Pines, NC
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So where/what is the incentive for the powers that be to change anything? As long as they are not getting hurt, why stop? Hell, as you (collectively here) have said, they are not stupid....someone is getting rich and does not want to upset the current apple cart. The American populace will not rage against the machine until they are hurting...and by then, will the cow to already be out of the barn? Karl, I have been listening to you here and at other forums for years, and am solidly on your bandwagon....but I serioulsly do not see any reason to hope for change (at this point). I called, I faxed, I pleaded with the people I come in contact with...our local turncoat Rep got reelected! I will travel to protest, just tell me when. I will send money, just tell me where. What you say makes perfect sense (to this layman)...how do you get a deaf man to listen? Rick ETA...those that are offended by the terminology, I would call pussies. What is being done is worthy of even stronger language. Last modified:
2008-12-04 11:34:04 by rickysa
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Eddd Posts: 35 Incept: 2008-03-25 New York
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Karl, Yes that was an incindiary title, I quite agree. At this point I think we should all be planning for your worst case scenario laid out at the end of the ticker. To expect anything along the lines of sanity and above-board, rule of law type financial regulation from the current crop of cronies is willful negligence on our part. You've detailed the fraud and corruption for a long time, and perfomed a valuable public service by bringing it to peoples' attention in plain English. You and others here have tried hard to inform congress on the issues and look at how much good it did. I think we should all continue to contact our political representatives and make sure they know that we know who is at fault and the machinations going on. And I think as prudent investors we should all be planning for the worst since there is little evidence that the ship of state is going to chart a course toward the seas you continue to point toward. Rather, it looks like we're headed straight for a Cat 5 hurricane with Bernanke and Paulson at the helm assuring us that just on the otherside of those monster waves and looming clouds is a calm patch with lots of sun. Nevermind the fact that they told us many times that there was no hurricane up until it became undeniable. I know I'm preaching to the choir, but let's all keep trying and also plan for really, really, really bad (I know you've told people to do this over the last number of months, I'm just reiterating that it is going to get really, really bad, pretty soon). 2008-12-04 11:36:36
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Statusquojoe Posts: 2048 Incept: 2008-11-20
Land of the fees Home of the slaves.
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I had to read through this ticker while ignoring the, well more suggestive parts, but I think I got the gist of the idea. It sounds feasible even to someone like me who is rather ignorant of macro financial matters. However, I see one big problem, the central bankers are a cartel and what you propose is a destruction of everything they have accomplished since 1913, i.e. they would never yield to such a proposal however feasible it may be. I know (from reading prior tickers and comments) that you vehemently oppose factions that suggest ending the Fed, but really isn't that what this ticker suggests - perhaps not ending the Fed but ending their monopoly? That by creating these 10 or so banks that would infringe on the entire cartel thus ending their power structure? Just curious not inflammatory in the nature of my questions.... ---------- "The value of a man's opinion, is the price he has paid to have it." Author unknown. 2008-12-04 11:44:47
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Genesis Posts: 66463 Incept: 2007-06-26
Royal Flush!
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The inevitability of the outcome if that path is not taken solves such objections. They don't have to go along. They also don't have to survive. Those who believe in some many-hundreds-year-old cartel are IMHO postulating a conspiracy that has been kept together over hundreds of years without being blown apart, which I find unlikely at best (and tinfoil in the main) It is unnecessary to ascribe malice where stupidity and greed provide a perfectly-sufficient explanation. BTW, arguing against the "Jooish Conspiracy" is the fact that such a "conspiracy" produced the Weimar Republic and got 6 million of them killed. I'd say that qualifies as an "epic fail" by any standard, which sure looks like a strong refutation of the theory to me. ---------- I used to play flute; I wonder if I can play a fife? I incite prosecutors to create "Bubba Sausage Parking Lot" projects Darrell Issa has a middle finger and knows how to use it - Me Last modified:
2008-12-04 11:49:06 by genesis
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Judgesmales Posts: 1784 Incept: 2008-02-05
Las Vegas
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So long, capitalisa. I just love the feel of the Ignore button in the morning. ---------- "CNBC? What's that? My TV stops at Channel 13 like it's supposed to." -- Artie, Larry Sanders' producer Last modified:
2008-12-04 11:54:56 by judgesmales
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Noodleman Posts: 404 Incept: 2008-11-01
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Did the subprime lendee contribute to this horrific problem? Sure. But if I had to put a number on it the government/lenders are 90% responsible. Peasants will take anything you hand them. That is their nature. Most don't even understand the consequences of their actions. It amounted to cheap rent and a nice living arrangement for a year or two, maybe longer if they qualify for a bailout. But the regulators and money lenders knew exactly what they were doing and the price the rest of us must pay down the road. That's why the major chain stores have bar code detectors at their exit doors. Otherwise the peasants would steal them blind. Is it wrong to steal? Heck yeah. But when the loot is giftwrapped by the ones who are supposed to protect the integrity of our financial system, why blame the peasants? Peasants are what they are!
2008-12-04 11:55:45
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Mtgspy Posts: 5860 Incept: 2007-10-27
Online
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[edit] History The first known usage of the term "confidence man" was in 1849; it was used by the press during the trial of William Thompson. Thompson chatted with strangers until he asked if they had the confidence to lend him their watches, whereupon he would walk off with the watch; he was captured when a victim recognized him on the street.[1] ---------- You kill them all! - Genesis 2008-12-04 12:14:15
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Xanares Posts: 993 Incept: 2008-11-10
London
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Somehow it seems most people don't mind being ****d, or maybe they are too numb from the 7-year orgy to notice. Being all for your solution KD, I have three questions (if you already answered them please direct the pawn). 1) Wouldn't this kill the good banks too? 2) Who would be in charge of the 10 new banks? 3) Wouldn't it force the rest of the world into doing the same thing? It seems to me that a lot of foreign (to the US) pressure was mounted after the Lehman crater, to keep the system alive in order for them to either continue the status quo or get their greasy fingers out of the soup in time for the real crash. It's theory tho, backed by nothing but a gut and glib. 2008-12-04 12:28:40
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Genesis Posts: 66463 Incept: 2007-06-26
Royal Flush!
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1. No. 2. The shareholders. They are immediately IPO'd. 3. The rest of the world isn't "forced", but they're in this neck-deep too, and are facing the same problem, with most of the rest of the "developed" world in for it worse than we are. ---------- I used to play flute; I wonder if I can play a fife? I incite prosecutors to create "Bubba Sausage Parking Lot" projects Darrell Issa has a middle finger and knows how to use it - Me 2008-12-04 12:36:33
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