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| User Info | I Tawt I Taw A Bunch Of Puddy Tats! in forum [Ticker] | |||
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Genesis Posts: 71432 Incept: 2007-06-26 
KD^2 
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http://market-ticker.org/archives/790-I-....
---------- "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
2009-02-11 20:07:37
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Maple Posts: 4461 Incept: 2007-09-03 
Southern California Online
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Voiced by Mel Blanc. It's time for a wittle puddy dog named Hector.
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2009-02-11 20:14:40 by maple
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Redfigures Posts: 705 Incept: 2008-02-24
State of Flux
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This will cause more confusion than a mouse in a burlesque show.
2009-02-11 20:19:52
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Alsace Posts: 937 Incept: 2008-10-27
Bear says: Come Get Some!
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Gen wrote..May I suggest that you make sure you include former Treasury Department officials along with sitting and former members of Congress? That's the ticket, isn't it? I'm certainly glad to see at least SOME action to combat the fraud. However, IMHO as long as the corruption remains in Congress it doesn't do any long-term good. The fact that some of these frauds are "similar to Enron" is an example. Where was the REAL legistion to help prevent another Enron? Sarbanes-Oxley is a friggin joke. Of course, if they had put any real legislation through, like stricter leverage limits / no off-balance sheet crap we wouldn't be in as big a mess as were in. It's encouraging, yes, but until the issue of Congress is addressed this is like amputating some gangrenous limbs while the patient still has cancer in his heart. Further, if this ultimately leads to the arresting of the "enlisted" and "NCOs" of this fraud, and NOT the "officers", it's just going to **** people off even more. This goes to the top, EVERYONE with 1/2 a brain knows it. With the pain we are going to face and be expected to face we demand some heads that matter. ---------- Via ova capitum dura est. Last modified:
2009-02-11 20:20:47 by alsace
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Steelhead23 Posts: 389 Incept: 2008-09-09 Portland OR
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Pop some bubbly boys - this is the day we have waited for for a long, long time. Remember Eliott Ness? Well, few Americans really supported his efforts and all he really accomplished was to force the mob to pay taxes, hire better bookkeepers/money launderers/banksters, or go off-shore (Havana - which may have led to Castro). But every red-blooded American, even J6P will cheer the FBI when it frog-marches banksters out of their opulent offices. There is a God. Thanks Gen.
---------- short em all - let God sort em out!
2009-02-11 20:26:17
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Pika-steph Posts: 39200 Incept: 2007-09-11
^Why I keep^ fighting; so he is not fighting for nothing.
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Quote:May I suggest that you make sure you include former Treasury Department officials along with sitting and former members of Congress? I'm afraid to even HOPE for this. ---------- Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org  "America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards."
2009-02-11 20:27:40
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Pjstaff Posts: 102 Incept: 2008-01-21 
Olympic Peninsula
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I wonder if this could have anything to do with Pandit's $1 salary announcement today? Try to look like one of the good guys?
2009-02-11 20:52:07
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1lumpsum Posts: 1735 Incept: 2008-02-01
Nashville Online
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Any chance this goes beyond going after the truely guilty and turns into a witch hunt?
2009-02-11 21:07:53
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Pika-steph Posts: 39200 Incept: 2007-09-11
^Why I keep^ fighting; so he is not fighting for nothing.
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Don't get ahead of yourself there - I'll be pleasantly surprised if they merely get to 'some' of the bad guys. I think the FBI should hire extensively for this - that's what I'd call putting people back to work.  Watch, the government will slash the FBI's budget now. ---------- Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org "America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards."
2009-02-11 21:16:15
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Kuhio Posts: 206 Incept: 2008-12-31
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China to stick with US bonds China will continue to buy US Treasury bonds even though it knows the dollar will depreciate because such investments remain its “only option” in a perilous world, a senior Chinese banking regulator said on Wednesday. “Except for US Treasuries, what can you hold?” he asked. “Gold? You don’t hold Japanese government bonds or UK bonds. US Treasuries are the safe haven. For everyone, including China, it is the only option.” Mr Luo, whose English tends toward the colloquial, added: “We hate you guys. Once you start issuing $1 trillion-$2 trillion [$1,000bn-$2,000bn] . . .we know the dollar is going to depreciate, so we hate you guys but there is nothing much we can do.” http://www.ft.com/cms/s/0/ba857be6-f88f-.... As long as we have a mark, I say abuse the crap out of them. Of course, with changing demographics (race + age), there's no way the next generation of Americans is gonna pay the bill, so perhaps they should be looking at 100% principal loss.
2009-02-11 22:01:26
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Phirang Posts: 8824 Incept: 2008-10-25
bar khoba's revenge
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Hmm... I thought the Chinese were bidding for Rio aluminum assets and Saudi oil. wtf do I know. rally on! ---------- The Treasury can issue debt on your behalf because the State can and will stomp the wealth out of you and your family.
2009-02-11 22:15:25
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Lucky Posts: 345 Incept: 2009-02-07
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Alsace, they WILL scatter. Your response to that will be defining. Make the most of it. Hopefully these investigations will include the Bear Stearns put options, and as I just read about in the Vanity Fair article, the “novation” requests. "That same day Bear executives noticed a worrisome development whose potential significance they would not appreciate for weeks. It involved an avalanche of what are called “novation” requests. When a firm wants to rid itself of a contract that carries credit risk with another firm, in this case Bear Stearns, it can either sell the contract back to Bear or, in a novation request, to a third firm for a fee. By Tuesday afternoon, three big Wall Street companies—Goldman Sachs, Credit Suisse, and Deutsche Bank—were experiencing a torrent of novation requests for Bear instruments. Alan Schwartz thought it strange that so many requests were being channeled to the same three firms Schwartz came to believe this was no accident. In his mind, the flood of novation requests was designed to force at least one of the three firms to put a temporary halt to accepting them, which is what happened: Goldman and Credit Suisse did. News of that halt not only swept Wall Street trading floors, it appeared to gain credence the next day when David Faber asked Schwartz about it on CNBC." http://www.vanityfair.com/politics/featu.... ---------- Now it appears the 'goal' is no longer to defeat communism. The goal now appears to rabidly loot, and has entered a new desperate phase where the utilization of slave labor for mercantilist gain has extended to bankruptcy for profit, and the stealing of the meager savings of the slaves themselves.
2009-02-11 23:04:04
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Steelpiston71 Posts: 2015 Incept: 2007-09-05 Michigan
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Pika or Karl, why does the FBI appear to march to their own drummer? IE, why don't they appear in cahoots and corrupt like all the rest?
---------- "The Data Do Not Lie", Mr Mortgage (aka Hedgefundmanip), April 16th March Foreclosure Crisis Video.
2009-02-11 23:04:55
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Genesis Posts: 71432 Incept: 2007-06-26
KD^2
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The FBI CAN be corrupted (there are some FAMOUS cases where it was by Presidents) but it has a history of TRYING not to be. Having been stung by those scandals over the years the bureau has gotten significantly better in the last 20 years or so. ---------- "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
2009-02-11 23:06:06
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Buck350 Posts: 619 Incept: 2008-10-22
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Seems like a good time to repost this tidbit from 1/13: The G Men are very astute about exploiting new growth opportunities. Just sayin. Quote:
---------- I think Paulson and Bernanke knew early on that Wile E. Coyote had already run straight off the cliff, so they chose to focus on frantic efforts to slow his descent before J6P notices the "gravity" of what has happened, hoping that the proles won't panic telegenically on the way down.
2009-02-11 23:43:50
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Pika-steph Posts: 39200 Incept: 2007-09-11
^Why I keep^ fighting; so he is not fighting for nothing.
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The FBI is weird. No seriously. I never thought much of them until one of the kids on my son's hockey team had parents who were both in the FBI - and HIGH UP, too. Regular, ordinary people. They live in metro-Detroit, go to hockey games. They just don't 'hang' with the elite in government like some of the other 3-letter organization people. They are really way more removed from those privileged circles. I think they also get paid a lot less. The FBI has had to deal with all kinds of budget cuts over the years. So, they hire ordinary Joes, train them up and tell 'em to go get the bad guys. I'd say most FBI agents are like that - not very glamorous. ---------- Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org "America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards."
2009-02-11 23:46:32
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Pika-steph Posts: 39200 Incept: 2007-09-11
^Why I keep^ fighting; so he is not fighting for nothing.
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OOO! I've been wondering if they'd staff up. I'd love to work for the FBI on white collar crime. 
---------- Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org "America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards."
2009-02-11 23:47:18
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Blackswan Posts: 3602 Incept: 2007-11-06
Ponzi Roller Coaster Online
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Wow! Here comes the cavalry after the village has been ****d, beaten, ****d again, beaten, killed, ****d again, burned, ****d again, burned, and ashes burried. Better late then never I guess. ----------
2009-02-11 23:57:06
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Uncleoxidant Posts: 1704 Incept: 2007-07-10 Stumptown
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Potentially multiple (up to 100) Enrons out there?! That should scare anyone who has money long in the market at this point. If the FBI uncovers enough of these, how long before the powers that be (In the executive and legislative branch) decide that it would be better for "national security" and the "economy" to keep them under wraps? ---------- I am NOT a consumer, I am a Citizen!
2009-02-12 00:01:00
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Laura Posts: 3153 Incept: 2008-05-05
Florida Space Coast
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You'd be good at it too Pika-Steph. Hmmm, maybe they'll take me too, when my current gig is up. When one kills one ****roach, it leads to another one and another one and .gov might not be able to stop the trail of prosecutions before it hurts their power base. ---------- Karl's just a shill for Big Math. 1LumpSum Honey, where's the AK ? Tyler Durden My Ford focus can get me from point A to point B just as good Tigger's Cadillac. And my back door window is not broken. Mliu
2009-02-12 01:42:09
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Grumpygirl Posts: 799 Incept: 2008-09-18
Oregon
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The US Probation officers I work with are like that, Steph. Really solid bunch of people and they take their jobs very seriously. If only the majority of government employees were like them... I think you'd do well investigating white-collar crimes, but it might be hard for you if/when they make politically-based choices about who to investigate and who not to.
2009-02-12 02:09:27
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Triumphsm Posts: 44 Incept: 2008-11-21
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A former next door neighbor, who back then was in the border patrol, moved up to Air Marshal, and then the FBI. Really nice guy, laid back, and the Bureau was his ultimate goal. Everytime he moved up, they'd send around someone and ask me a few questions about him, just a usual background check. His wife was a waitress at a strip club. They threw some great parties! What I'd like to see is an investigation of CONgress. Get Barney Frank and Co sitting on the other side of the table like at the pigmen hearings today and see them squirm. I bet if the FBI dug deep enough into Freddie and Fannie they'd find enough to bust a few Congress Critters.
2009-02-12 02:51:24
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Laura Posts: 3153 Incept: 2008-05-05
Florida Space Coast
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Oh, yea, there's plenty there, but, most likey contained by the PTB.
---------- Karl's just a shill for Big Math. 1LumpSum Honey, where's the AK ? Tyler Durden My Ford focus can get me from point A to point B just as good Tigger's Cadillac. And my back door window is not broken. Mliu
2009-02-12 02:53:45
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Jubber Posts: 4242 Incept: 2007-07-05
UK
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The important think thing to remember here is that these FBI guys have been as ****ed by these guys as the rest of the Country, they will definitely have an incentive to get these fried if this gets legs...
---------- "War is God's way of teaching Americans geography." Ambrose Bierce "The Emperor realized that the people were right but could not admit to that. He though it better to continue the procession under the illusion that anyone who couldn't see his clothes was either stupid or incompetent." Hans Christia
2009-02-12 03:48:23
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Alanha Posts: 2087 Incept: 2008-12-30
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Quote:Pop some bubbly boys - this is the day we have waited for for a long, long time.Bosh. Wait for the details. If no GS, then its BS.
2009-02-12 06:12:08
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