Comments on: Derivatives gambling and Halloween fright night for the world banking system. http://www.thepropheticyears.com/dddblog/2008/09/19/derivatives-gambling-and-holloween-fright-night-for-the-world-banking-system.html Documents that the world is becoming a demented delusional and dumb place Thu, 08 Jan 2009 17:41:21 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Don http://www.thepropheticyears.com/dddblog/2008/09/19/derivatives-gambling-and-holloween-fright-night-for-the-world-banking-system.html/comment-page-1/#comment-2028 Don Sat, 20 Sep 2008 20:34:04 +0000 http://www.thepropheticyears.com/dddblog/2008/09/19/derivatives-gambling-and-holloween-fright-night-for-the-world-banking-system.html#comment-2028 Yep, I wrote about this house of cards over 8 years ago. We have seen nothing yet. http://www.thepropheticyears.com/reasons/World%20debt.HTM Greenback toilet paper will be in abundance soon. The best investment for the future will be in pitchforks, tar and feathers.. Yep, I wrote about this house of cards over 8 years ago. We have seen nothing yet.

http://www.thepropheticyears.com/reasons/World%20debt.HTM

Greenback toilet paper will be in abundance soon. The best investment for the future will be in pitchforks, tar and feathers..

]]> By: Brett Blatchley http://www.thepropheticyears.com/dddblog/2008/09/19/derivatives-gambling-and-holloween-fright-night-for-the-world-banking-system.html/comment-page-1/#comment-2027 Brett Blatchley Sat, 20 Sep 2008 20:18:32 +0000 http://www.thepropheticyears.com/dddblog/2008/09/19/derivatives-gambling-and-holloween-fright-night-for-the-world-banking-system.html#comment-2027 It really frosts me that the newsies and pols all sound like this caught them by surprise, and how they're going to "help us" commoners understand it. I've got news for them, I understand the problem better than virtually all of them appear to, and have since my teen years. In fact, I think when the obfuscating jargon is cleared, most anyone with common sense understands what's happening and WHY. They've been painting such a rosy picture: "Oh, we're not entering a recession. The economy looks 'great.'" Liars and idiots. Even Rush Limbaugh spouts this naive line. It's been obvious for a couple decades where our economy was headed and WHY, and the fact that the pols would not have enough knowledge or courage to keep us from plowing into an economic iceberg. OH, NEWS! NEWS! CNN (<i>The</i> Most Trusted Name in News (tm)) just told us (breathlessly) that Fed just confided that they and our noble (non-partisan) "statesmen" have averted Great Depression II with their wisdom of nationalizing MOST of the real estate mortgage banking industry (and the MOST of the insurance industry that backs up that risk). We are told that, though we taxpayers are on the 'hook' for all the risk, it was for OUR GOOD, and that we will benefit -- we should be so grateful to our ruling (and pundit) class! Well, one more thing is as sure as death and taxes: we WILL NOT pay-off this debacle before the Lord returns. I can see America dissolving before my eyes. It really frosts me that the newsies and pols all sound like this caught them by surprise, and how they’re going to “help us” commoners understand it. I’ve got news for them, I understand the problem better than virtually all of them appear to, and have since my teen years. In fact, I think when the obfuscating jargon is cleared, most anyone with common sense understands what’s happening and WHY.

They’ve been painting such a rosy picture: “Oh, we’re not entering a recession. The economy looks ‘great.’” Liars and idiots. Even Rush Limbaugh spouts this naive line. It’s been obvious for a couple decades where our economy was headed and WHY, and the fact that the pols would not have enough knowledge or courage to keep us from plowing into an economic iceberg.

OH, NEWS! NEWS! CNN (The Most Trusted Name in News ™) just told us (breathlessly) that Fed just confided that they and our noble (non-partisan) “statesmen” have averted Great Depression II with their wisdom of nationalizing MOST of the real estate mortgage banking industry (and the MOST of the insurance industry that backs up that risk). We are told that, though we taxpayers are on the ‘hook’ for all the risk, it was for OUR GOOD, and that we will benefit — we should be so grateful to our ruling (and pundit) class!

Well, one more thing is as sure as death and taxes: we WILL NOT pay-off this debacle before the Lord returns.

I can see America dissolving before my eyes.

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