conraddobler
I want my 2$
- Joined
- Sep 1, 2002
- Posts
- 20,052
- Reaction score
- 237
http://www.dailymail.co.uk/news/wor...s-tell-bankers-The-party-ready-crackdown.html
Now don't get me wrong, this had to happen in some ways but when Barney Frank is the worlds spokesman on regulatory reform, we're doomed.
What Mr. Frank and Co probably fail to realize IMO is the extent to which our system is a ponzi scheme and when you take a ponzi scheme and make it impossible for new entrants to continue it, the entire ponzi scheme starts to unravel.
Not that we don't need to do that, it's just that I don't think Mr. Frank or anyone else has any clue as to what they're dealing with here.
This is what happens when politics meets up with it's past transgressions.
While Mr. Frank et al were looking the other way the bankers erected the worlds largest ponzi scheme then levered it many times over.
It's not just your garden variety ponzi scheme it's about like the H bomb is to the first atom bomb, it's a doozy.
Not only that but where there was in old days about one, now they're everywhere.
Barney, you're never going to believe what's comming.
"Disclosure"
I'm about to get shorter than a piss ant's toe hair.
Now don't get me wrong, this had to happen in some ways but when Barney Frank is the worlds spokesman on regulatory reform, we're doomed.
What Mr. Frank and Co probably fail to realize IMO is the extent to which our system is a ponzi scheme and when you take a ponzi scheme and make it impossible for new entrants to continue it, the entire ponzi scheme starts to unravel.
Not that we don't need to do that, it's just that I don't think Mr. Frank or anyone else has any clue as to what they're dealing with here.
This is what happens when politics meets up with it's past transgressions.
While Mr. Frank et al were looking the other way the bankers erected the worlds largest ponzi scheme then levered it many times over.
It's not just your garden variety ponzi scheme it's about like the H bomb is to the first atom bomb, it's a doozy.
Not only that but where there was in old days about one, now they're everywhere.
Barney, you're never going to believe what's comming.
"Disclosure"
I'm about to get shorter than a piss ant's toe hair.