Sorry all you motherfucking wall street idiots..........but we will not continue to trash the dollar...........we will not continue to trash the savings of 300 million people to save your ass.........we will not make the poor puke by paying outrageous prices for food and energy...........we're creating a new system that's not leveraged 100-1, a new system backed by real wealth and not monopoly money, a new system without you. ^^^^This is what is needed to end this crises.......anyone that disagrees with me......i suggest you stop taking it up the pooper by jimmy cayne and lloyd blankfein........harden the fuck up you pussies.
i travel much outside the USA, but other then that, who cares about the value of our dollar. the benifits of having a weak USD are much more then the pride of having a stong $. yeah yeah i know, oil, copper ect ect, go up in price. but other then that. we are the country the world exports to, so a weaker dollar helps our current account, and helps us to export.
First of all Chewy, ur a fucking fool. Second, the "POOR" are the ones who got us in this mess dumbshit. BUSH suspended lending regulations so the "POOR" could buy homes. Thats right you fucking fool. THE POOR. No assets, no w2's, no fucking down payment needed to purchase your home for 500k. They knew what they were doing. But much like most of the FUCKING POOR, they didn't care. They gotz their gold toff, they gotz their rims and their homes that they can't afford. Then, fuckheads that mimic you, the "MIDDLE CLASS" decide to ROLL like they were in Beverly Hills. They took out massive loans, knowing all the downfalls. But they took those JUMBOS' so they could buy their MCmansions and pretent they roll. The Banks loved it and keeped the funds flowing in JUNK BONDS. SO, look in the fucking mirror. I'm sure your one of those pathetic groups I just listed. Wall Street is to blame but so are the so called "MILLIONS' who have saved NOTHING! ......American's have a NEGITIVE savings rate as a whole you fucking idiot. Nevertheless, the MIDDLE CLASS and WALL STREE FIRMS will suffer. THE POOR will laugh as they are use to being poor. So fuck you and your "concern" for the POOR and MIDDLE CLASS. Now why don't you grow some balls and do what Capitalist Do, MAKE SOME REAL FUCKING MONEY!
the original title for this thread was: US GOVERNMENT NEEDS TO BUY ALL WALL STREET BANKS FOR $2/SHARE the original title was ALL CAPS......to emphasis my rage i'm not a fucking socialist........i think nationalizing banks should but TEMPORARY.......just long enough to allow the fear and panic to subside........and long enough to hammer the euro, gold, and oil with higher interest rates........after the crisis subsides we can have IPOs for the nationalized banks and they can operate independently again but without outrageous leverage and mark-to-fantasy accounting.
You sound like a bleeding heart Fucking Socalist. Your anger should be direct, first and formost at the FOOLS who could not afford the loans that they took out. Wall Street as a collective whole has nothing to do with it. Of course, they need to bear some responsablity and they will. Layoffs will hit the street harder that that of 911. Soon, brokers, bankers, IB, M/A etc will be out on the streets in droves. But the true problem came for the "GREED" of the american sheeople. They did not understand that "GREED" is only good if you are willing to take the risk to absorb the loss. Now, we will all pay for the assclowns and their fucking GREED. Welcome to the new america where 80% will be poor.
if you think some guy working at walmart for $6/hr is to blame for BSC's demise........then your the fucking idiot.........the banks are the fucking idiots for selling him a 500k loan for a home.........he is uneducated....he does not know any better.........the ivy league educated guys that created the loans and sold them definatly do know better and are more responsible for the mess.......they probably told him don't worry you can afford it, you can refinance later, and your home price is projected to up, etc, etc........anything to make the sale and pocket the commission. IF I SELL AN HUNDREDS OF CHILDREN CRACK AND BECOME A MILLIONAIRE THEN YOU CAN'T BLAME THE CHILDREN FOR BEING ADDICTS DYING OF OVERDOSES........THEY ARE THE VICTIMS.......AND VERY EASY VICTIMS....I CAN EASILY BE LIKE "HAY KIDS, LOOK I GOT SUM SUGA FOR YA"
THIS IS THE ONLY WAY TO SAVE CAPITALISM AND FREE MARKETS........THERE WILL BE NO MARKETS FOR YOU GUYS TO TRADE IF THESE WALL STREET MOFOS GET AWAY WITH MAKING 300 MILLION AMERICANS AND THE ENTIRE REST OF THE WORLD BEAR THE BURDEN OF THEIR IMMORALITY AND GREED.
EMRGLOBAL, Are you kidding me? The trade requires multiple sides. RE speculators, poor guys who don't know what they can afford and setup to fail -> The mortgage companies who eager to earn the commision and pass the loan to IBs -> The IBs eager to get the mortgage, securitized them, sell them to the next chump (banks, foreign banks, foreign government, pension fund, hedgies) -> The hedgies that financed by banks, leverage this 100:1 to make the 5% mortgage gain to 50% gain. -> The chump, pension fund, hedgies holder, fix income fund, foreign banks holding the bag. ==================== So, who's fault is it. ALL OF THEM! Certainly not taxpayer's fault.