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MannyGoldstein (1000+ posts) Send PM | Profile | Ignore | Wed Oct-19-11 08:39 PM Original message |
Hey Peasants: You May Have Each Just Handed $3,470 to the 1%. Enjoy, Suckers!!! |
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dkf (1000+ posts) Send PM | Profile | Ignore | Wed Oct-19-11 08:47 PM Response to Original message |
1. FDIC might have some authority to push it back. |
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roguevalley (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 01:50 AM Response to Reply #1 |
16. if that hits the news and is explained in even the tiniest way there |
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rhett o rick (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 11:59 AM Response to Reply #16 |
24. I dont think the poster you are responding to remotely understands the problem. |
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johnnyplankton (128 posts) Send PM | Profile | Ignore | Thu Oct-20-11 06:00 PM Response to Reply #24 |
47. Wrong. They appear to be doing just that. |
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rhett o rick (1000+ posts) Send PM | Profile | Ignore | Fri Oct-21-11 10:13 AM Response to Reply #47 |
65. I hope you are right. But what happens to the $53 trillion bad debt? nm |
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jerseyjack (369 posts) Send PM | Profile | Ignore | Thu Oct-20-11 04:26 PM Response to Reply #16 |
41. -- but its not hitting the news. Not a peep. |
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johnnyplankton (128 posts) Send PM | Profile | Ignore | Thu Oct-20-11 06:04 PM Response to Reply #41 |
50. Here are multiple peeps. Plus I called Barney's office. Call your Congressman. |
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sabrina 1 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 06:43 PM Response to Reply #50 |
57. It's on the foreign cable networks also, but NOT on CNN or Fox |
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rhett o rick (1000+ posts) Send PM | Profile | Ignore | Fri Oct-21-11 10:16 AM Response to Reply #50 |
66. Not a NBC, CBS, NYT, Newsweek, MSNBC, etc. |
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newspeak (1000+ posts) Send PM | Profile | Ignore | Fri Oct-21-11 10:21 AM Response to Reply #66 |
67. you really don't think our mcpravda media is going to report it? |
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rhett o rick (1000+ posts) Send PM | Profile | Ignore | Fri Oct-21-11 11:14 AM Response to Reply #67 |
70. The poster I was replying to seemed to think it was out there. nm |
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Stinky The Clown (1000+ posts) Send PM | Profile | Ignore | Wed Oct-19-11 08:52 PM Response to Original message |
2. We're so fucked that stories like, which I don't doubt, elicit yawns |
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Brickbat (1000+ posts) Send PM | Profile | Ignore | Wed Oct-19-11 08:54 PM Response to Original message |
3. Socialism really is OK in their book -- as long as what's being socialized is risk. |
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Octafish (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 05:17 PM Response to Reply #3 |
43. Just as long as the profit stays privatized, it's not socialism. |
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AzDar (1000+ posts) Send PM | Profile | Ignore | Wed Oct-19-11 08:59 PM Response to Original message |
4. K & R |
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OhioChick (1000+ posts) Send PM | Profile | Ignore | Wed Oct-19-11 09:03 PM Response to Original message |
5. Rec n/t |
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rurallib (1000+ posts) Send PM | Profile | Ignore | Wed Oct-19-11 09:05 PM Response to Original message |
6. do you have a link? |
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MannyGoldstein (1000+ posts) Send PM | Profile | Ignore | Wed Oct-19-11 09:20 PM Response to Reply #6 |
10. Sure - from DU's front page: |
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Initech (1000+ posts) Send PM | Profile | Ignore | Wed Oct-19-11 09:07 PM Response to Original message |
7. Derivitive trading like this should be a felony. It's legalized theft. |
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Canuckistanian (1000+ posts) Send PM | Profile | Ignore | Wed Oct-19-11 09:29 PM Response to Reply #7 |
11. I have no problems with derivatives trading |
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russspeakeasy (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 02:18 PM Response to Reply #7 |
31. BOA and others like them, are giant parasites and need to be |
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Initech (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 03:53 PM Response to Reply #31 |
37. Couldn't agree more. |
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pa28 (1000+ posts) Send PM | Profile | Ignore | Wed Oct-19-11 09:10 PM Response to Original message |
8. Who could have predicted this? |
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abelenkpe (1000+ posts) Send PM | Profile | Ignore | Wed Oct-19-11 09:18 PM Response to Original message |
9. Have read that trillions of dollars |
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Remember Me (730 posts) Send PM | Profile | Ignore | Wed Oct-19-11 11:07 PM Response to Original message |
12. Boy, i needed that. I'd read two articles earlier today and just |
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Major Hogwash (1000+ posts) Send PM | Profile | Ignore | Wed Oct-19-11 11:19 PM Response to Original message |
13. No big deal. I'll just put it on my PayPal account |
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midnight (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 12:32 AM Response to Original message |
14. K&R |
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inna (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 12:54 AM Response to Original message |
15. this country is fucking insane. It's as if the majority of the population are just sleep walking. |
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SteveM (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 03:53 PM Response to Reply #15 |
36. When pirates get enough $, they go for sport, then public sport. nt |
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inna (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 11:35 PM Response to Reply #36 |
62. fail to see any relevance; am i missing something? |
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lonestarnot (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 01:56 AM Response to Original message |
17. Won't be stopped until we stop them. |
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Scuba (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 07:05 AM Response to Original message |
18. This is why Germany outlawed derivatives. How's their economy doing? Boomtown! |
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MannyGoldstein (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 07:41 AM Response to Reply #18 |
21. Oh sure, but their nanny-state workers are not competitive in the world economy |
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Pacifist Patriot (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 09:16 AM Response to Reply #21 |
23. +1,000 |
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moomin (4 posts) Send PM | Profile | Ignore | Thu Oct-20-11 05:35 PM Response to Reply #21 |
44. Small correction, though I agree |
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MindandSoul (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 06:29 PM Response to Reply #21 |
53. You're kidding, right? |
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MannyGoldstein (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 06:52 PM Response to Reply #53 |
58. The subject line is sarcasm |
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MindandSoul (1000+ posts) Send PM | Profile | Ignore | Fri Oct-21-11 12:09 PM Response to Reply #58 |
71. Sorry! I was in a hurry and I didn't read the whole thing. ..I know I shouldn't say anything |
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Lucky Luciano (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 02:01 PM Response to Reply #18 |
27. What on the world are you talking about? |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 04:13 PM Response to Reply #27 |
39. No one is talking about the vanilla products you are referring to. |
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Lucky Luciano (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 06:24 PM Response to Reply #39 |
52. Deutsche still trades plenty of the toxic stuff. They are probably not selling naked sovereign CDS. |
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City Lights (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 07:27 AM Response to Original message |
19. Privatize profits; socialize losses. It's corporate 'Murika's way. |
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xchrom (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 07:30 AM Response to Original message |
20. recommend |
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Pacifist Patriot (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 09:16 AM Response to Original message |
22. I have to enthusiastically K & R because this is the first time.... |
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rhett o rick (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 12:00 PM Response to Original message |
25. Is this being covered at all in the Corp-Media? nm |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 02:14 PM Response to Reply #25 |
30. Very little. |
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DeSwiss (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 01:55 PM Response to Original message |
26. K&R |
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stockholmer (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 02:23 PM Response to Reply #26 |
32. I wish I shared your optimism, my friend! Here's hoping we.... |
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DarwinCares (11 posts) Send PM | Profile | Ignore | Thu Oct-20-11 08:11 PM Response to Reply #26 |
59. That's the norm in this nation. |
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Fuddnik (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 02:08 PM Response to Original message |
28. Time for a tax payer strike. |
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Douglas Carpenter (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 02:13 PM Response to Original message |
29. very well said!! kick and recommend!!! |
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Bozita (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 02:27 PM Response to Original message |
33. “The lesson we learned from Lehman is we have not yet learned that lesson" - Lehman examiner |
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Goldstein1984 (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 03:07 PM Response to Original message |
34. Another reason to divest from BofA |
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BeHereNow (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 03:14 PM Response to Original message |
35. Okay, it's time to bring back the guillotine. |
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bertman (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 04:04 PM Response to Original message |
38. Huge REC. nt |
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99th_Monkey (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 04:24 PM Response to Original message |
40. I really am hoping that OWS uses it's bully pulpet to shout this out over the airwaves pronto!!! |
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anamandujano (1000+ posts) Send PM | Profile | Ignore | Fri Oct-21-11 12:20 AM Response to Reply #40 |
63. OWS Bully Pulpit====great concept! |
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99th_Monkey (1000+ posts) Send PM | Profile | Ignore | Fri Oct-21-11 05:53 AM Response to Reply #63 |
64. Thanks for noticing. |
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Cali_Democrat (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 04:28 PM Response to Original message |
42. Thanks for the information |
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Cannikin (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 05:40 PM Response to Original message |
45. Wall Street practices like this amount to nothing more than casino gambling, except |
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rucky (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 06:01 PM Response to Reply #45 |
48. They're the gamblers AND they're the house. n/t |
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econoclast (259 posts) Send PM | Profile | Ignore | Thu Oct-20-11 05:56 PM Response to Original message |
46. Actually it's about half that number and an FDIC payout would go to DEPOSITORS |
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MannyGoldstein (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 06:17 PM Response to Reply #46 |
51. Yes, but the taxpayers are left holding the bag for what the FDIC insures |
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econoclast (259 posts) Send PM | Profile | Ignore | Thu Oct-20-11 06:33 PM Response to Reply #51 |
55. As stated above, it's up to the depositors now |
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WillyT (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 06:04 PM Response to Original message |
49. K & R !!! |
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McCamy Taylor (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 06:31 PM Response to Original message |
54. BofA steals a trillion in individual accounts to pay off huge European losses. |
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Blaze Diem (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 06:36 PM Response to Original message |
56. BOA figures thats about what Bank Transfer Day will cost them |
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Devil_Fish (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 08:15 PM Response to Original message |
60. EVERY ONE MOVE YOUR MONEY AWAY FROM THESE VAMPIRE BANKS!!!! NT |
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underpants (1000+ posts) Send PM | Profile | Ignore | Thu Oct-20-11 08:46 PM Response to Original message |
61. Great summary and analysis |
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Autumn (1000+ posts) Send PM | Profile | Ignore | Fri Oct-21-11 10:39 AM Response to Original message |
68. Who in our government is allowing this? |
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sarcasmo (1000+ posts) Send PM | Profile | Ignore | Fri Oct-21-11 11:02 AM Response to Original message |
69. Making derivatives illegal would be the smart thing . |
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