Stacy Summary: Arguments for maintaining the current Credit Default Swaps market argue that the ‘markets’ should be free. Strangely, the threat of a real market exchange on which to trade these instruments gets met with howls of rage. If the entire market as it is at present is mired with fraud and betting against what only what a few insiders know is hologram paper based on fictional exchange rates and fake assets, then I say bring in the prosecutors, the exchanges and the light of day.
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Karl a hopeless law and order guy, I feel for him but that is just not the way the world works.
http://www.aclu.org/national-security/senators-mccain-and-lieberman-introduce-bill-authorize-indefinite-detention
And if you denounce tha banksters you will put in a concentration camp, interrogated, tortured and liquidated. Welcome to USSR and Nazi Germany. The credit default swap won’t be eliminated. It’s too lucrative for these terrorists. Just give dictatorial powers to the Chairman Mao Obama to arrest anybody that is a potential political dissident and rape him. Like Augusto’s Pinochet Chili. I think people still don’t get it. Your loving government doesn’t belong to the people. It’s their private criminal entreprise. Like I said Stacy and Max. Enjoy your freedom will it last.
Not just the credit default swap gun in your mouth. The “enemy belligerent” law too just behind your head. The law was introduced by Mc Cain and Lieberman last thursday.
Just curious. Does anyone have a good idea of the capital position of AIG before GS started with the collateral calls and AIGFP quit writing CDS? It would be interesting to know if they were anywhere near reasonably capitalized for an insurance company re those products. LTCM’s ratio went from decent to atrocious in very little time when things went south for them. This could apply to AIG too.
…Or AIGFP could have been paying homage to Ponzi.
QUITE CLEAR INDEED.
The ACLU has expressed its vigorous opposition to the legislation, labeling it nothing less than a “direct attack on the Constitution”.
“Indefinite detention flies in the face of American values and violates this country’s commitment to the rule of law,” states Laura W. Murphy, Director of the ACLU Washington Legislative Office.
Of course, such positions from the ACLU as well as Amnesty International will only be used as grist for the neo-con propaganda mill about how the bill ought to be passed in order to avoid being “soft on terrorists,” a piece of spin still being swallowed whole by millions of conservatives who are blissfully unaware of the fact that the apparatus of the war on terror is now being aimed squarely at politically active American citizens.
“Torture, indefinite imprisonment, secret trials and limited staged hearings are the stuff of cheap dictatorships,” writes Ian McColgin. “They are the sort of idiocy we scorned in the Soviets, the Koreans and the Vietnamese. It is astonishing that we have senators and citizens even discussing this bill which is not a capitulation to terrorism – it’s the triumph of terrorism.”
Man just figured out why drills have to be performed
Me brillant brain Cells
How else can ya slip one in if ya dont have drills ????????????
Einstien Eat Dust !!!!!!!!!!!!!!!!!!!!!!!!!!!!
lolololololol
Ronron wat say ya
Cause ta sh!t could get caught if it was real by someone somewhere
So lets make it drill plus nobodys gonna know when it goes live ; even if tey did know tey might tink its a drill
Hic
“In short, we must make all of these derivatives, including interest rate, currency and credit swaps:
Trade on public exchanges where blinding of counterparties takes place.”
Denninger neglects to admit that the public exchange will be run by the IMF/BIS~Fed sovereign bank regulators. So we are putting the worst banks in regulatory arbitrage control.
Why is that a good idea?
http://baselinescenario.com/2009/05/30/regulatory-capital-arbitrage-for-beginners/
Question is whether these sovereign banks promoted, aided, and abetted the situation that they are now seeking to control and monopolize.
Thier modus operandi fully disclosed by Sherlock Bonn fer free ;-(
But any life saved is worth it
Gotta tackle ta Drone scene before
tey hire 9th graders to play an actual game wich controls an actual drone
9th grader can’t be sent ta jail toe i dont know why if ya plotin to kill peeps ya should be at least subjected to physcriatic test !!!
The counterparty cannot pay in aggregate for the exposure they have on. This, in turn, “allows” them to write these swaps at an uneconomic price, which means that in effect these are all “side letter” deals. That is, they’re intended to cheat regulatory capital requirements as everyone involved knows there is no possibility of actual performance. In these cases everyone involved should be rotting in prison – the buyer for purchasing a knowingly-bad “insurance policy” against an event that they know can’t pay off for the singular purpose of defrauding a government regulatory agency (and/or the shareholders!) and the seller for putting forward a contract they know they are incapable of performing on.
Naw, the only buyers we should be worried about are those fools who took out mortgages that they couldn’t afford and were too stupid to understand. The rest are sophisticated, patriotic, upstanding, capitalist-loving Americans!
Everthing is in a holding pattern
Mike
FABLED ENEMIES – Part 6
http://www.youtube.com/watch?v=iDa4nFefE_c&feature=related
Hic
Interesting talk about Acta http://www.michaelgeist.ca/content/view/4530/408/
Sorry Max & Stacy
I hafta give links
Cause I got affected by tis shit
and i mean 9/11 is so easy to disect
I will not stop
ya can ban me if ya want
I will find another platform
Hic
9 / 11 is thier Achelies heel
Period !!!!!!!!!!!
Hic
IT WAS AN OVER REACH
ITS JUST 9 YEARS BACK
JFK KILLER IS STILL ALIVE
JACQULINE KENNEDY
AND JFK JUNIOUR
ALL ALIVE
FUCKIN BASTARDS
HIC
MOSSAD BASTARDS I KNOW U CHECKIN TIS SITE TOO
HIC
BAHEN CHODE
YA GONNA GET FUCKED
You are a SLAVE-
http://www.youtube.com/watch?v=OMdw24f0XmA
Well, why not tax CDS and all other casino stuff? Let “smart investors” gamble as much as they can, but tax each such transaction apropriately.
911 was indeed an inside job. A pure false flag attack. And your dear Obama is covering the criminals operating in the Pentagon that programmed this false flag attack. Bonn you are right. It’s their Achilles heal. The more they try to deny it, the worse it gets. State terrorism to justify all these illegitimate colonial wars for oil and drug trafficking. The law will pass. No illusion about USA Mep.
@ MA
Tey can kill me its ok
I know it was an inside job
Bahen Chode
Do tey tink we idiots ???
Fuckin bastards
Mossad / israel one of ta most disgusting peeps on earth IMO
Ya have Gold go to Africa
/oh i fergot ya ta blessed ones
Fuckin get over yer selfs
oooooooooo I am special I am blessed oooooooI am tis I am tat
All FUCKIN NONSENSE
@bonn,
I have no illusions about the US. I was one of the original signers of the petition submitted to Spitzer to open an investigation of 911. Now that they have passed that enemy belligerent bill, I could end up in jail.
Massive mutual funds cash depletion and massive insider sales in the land of God.
http://globaleconomicanalysis.blogspot.com/2010/03/mutual-fund-cash-depletion-highest.html
In God we trust the others pay cash. And the rotten corrupt markets keep going up up up up up up. Who is buying ? THE FED. Why not. Not that crazy.
@Naomi
Mep just thinks you are hysterical. Look who is insulting. We will see what happens when they start arresting “We are Change.” people. I thinl they will before that try to silence people by terrorizing them. Your arrestation will follow if you don’t keep quiet and shut the f— up. Mep you are naive. Naomi is right.
Denninger “The essence of the AIG mess was that the company lacked the financial capacity to perform”. Please. What does peformance mean in this environment? Keeping up appearances?
CDO’s CDS’s
Who said there was no such thing as a free lunch.
G/S is getting all the lunch they can eat.
You say pull !