Politics
Out of context: Reply #13868
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- TheBlueOne0
..ah..and case in point. This just in:
"In connection with its acquisition of Bear Stearns in March 2008, defendant JPMorgan acquired massive short positions in the silver futures market. Thereafter, JPMorgan, with HSBC, artificially depressed the price of silver dramatically downward. The conspiracy and scheme was enormously successful, netting the defendants substantial illegal profits. The conspiracy and scheme has been corroborate by a 40-year industry veteran and former employee of Goldman Sachs (the "Informant") who was told by representatives of the defendants about the conspiracy and scheme. The Informant has stated that he had been told first hand by traders at JPMorgan that JPMorgan manipulates the silver market. The JPMorgan traders would brag to the Informant about how much money they were making as a result of such manipulation. The informant reported the defendants' activities to the CFTC which has opened an investigation into the manipulation of the silver market."
http://www.zerohedge.com/article…
Bush, Obama, et al. should have let these fraudulaent financial banks all fucking fail. They took highly leveraged risks, swam in corruption, and all failed. In a market economy, not one hallmarked by corporate capture, this idiots would all have taken our lumps.
It was both the Dems & the GOP who are these guys buddies. That's what drives me nuts about you rightwing nutjobs here as you, almost to a man, fail to see this is failure of the market and vorporate capture of the state. You asshats wave "Tea Party!" like it means something, and you hold up your little "Obama is a socialist" gifs like your a proud two year old showing his pooh to his parents.
THEY'RE all fucking corporate socialists. Dems, GOP, Tea Party - all are bought and sold by the corporations and you guys think the answer is to give MORE power and MORE money to them and that squash any real way that people can express power through collective action against them.
Whatever. Fucking midgets.