Reply #245: Exactly what are you getting at?

[Grinchie]

Trilluions of dollars of bad debt was created and then sold to unsuspecting investors all ofver the world. Your so called Risk was non existant, since these things had supposedly Triple AAA credit ratings, which was a total fraud.

The Monolines that were insuring these so called Triple AAA rated securities were leveraged 40 to 1, and when they started seeing that unsustatianble mortgages were failing in record numbers, they went belly up.

The true magnitude of this Fraud and bad debt is till hidden in the bank, and is fully enabled by massive injection of Capital to allow them to remain solvent. Otherwise, it these toxic assets were aloowed to be revealed, the Fraud would be visible for the world to see.

It's still there, but you seem rather happy that these Criminal schemes are now bailed out by the American Taxpayer. 1.4 Trillion in Captital is only 10% of the total loss.

You simpletons really don't have a clue about the depth and the breadth of this fraud. You'd rather not admit that Debt allows the creation of even more more out of thin air due to the Fractional Reserve Monetary System that has been subverted to the whims of the moneylenders.

I'd recomend that you go do some research, because you are woefully unprepared to boast about Grren Shoots, when you don't have a clue how this fruadulent service based economy has been running on Fumes, Smoke and Mirrors for the last 20 years. I won't because you seem to think America can Outmanufacture the world, yet are unable to provide a single example other than a broad "Durable Goods" without any specific industry that is the leader. Thats because there isn't any, other than the War Machine related industires, and even those are not applicable, because they are economically depleting, and can dissappear in a stroke of the pen like the F-22 Homer.

I'm sure trillions made it into the banking sector, thats why were are seeing fuel prices escalate contrary to the laws of Supply and Demand.