Finances, Obama, pizza, plans

[jjhalloween]

To start with, this Daily Show confirms what I already suspected: No one understands the financial crisis. It is ultimately inscrutable, resulting as it does from essentially chaotic systems colliding with each other. If you claim to understand it, you aspire to an suprahuman level of comprehension and I, for one, believe you are full of shit

Comments

Finances - PONZI!

[anonymous]

The whole thing has been a ponzi scheme from start to finish. The Madoff's and Stanford's are fall guys to distract you from the real truth that you will never get in MSM. But, if you care to know, there is a place to go, and it starts in the broker dealer, finance, stocks, alpha margins, swaps - you name it, blogosphere. These guys work in the business and they love telling you how it was really worked. It has a double effect for them, they they show off how smart they are for making easy money, and it helps them sleep at night - by assuaging what little guilt they have for ripping everyone off with the consoling thought that, at least, they told somebody the truth.

You can start by educating yourself from this site (No known relations or connection) then check out their side bar links. It took me from March '08 (bear stern collapse) until September '08 to wade through this shit before the light finally came on in all it's blazing glory. Ponzi! top to bottom, everything else is bullshit, especially the sub-prime loan peeps, they only got loans because it was the last place for these evil nazi lizards to finally troll, then nothing else was left except to wait for the whole thing to start to implode. see http://www.nakedcapitalism.com/2009/03/guest-post-more-debt-wont-rescue-great.html

P.S. I hate writing comments here because your prose is so much better than mine.