omg you guys :( hi i'm retarded

[SleepWalkerX]

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller
Yeah, we don't need a government. Christ, do you realize what you're even saying? Ohh wait, no, you're a fucking nutbar.

Hahaha! Get back to your failed banking schemes. They could use your 'expert' advice.

Go back and live at your parents home. I'm sure they could use the extra income from their loser son.

I'm rolling on the floor right now!!! This is hilarious!

I'm doing quite well for myself to be honest! Money is not a problem anymore. In fact, there's this weird trend going on around my campus where we've been giving stuff away for free! Its really weird, but hey, it benefits all of us and we don't seem to care.

But yeah I actually have been helping my mom remanage her financial situation so things are becoming a lot better for her too! Thanks for your concern LK!

 

[LegendKiller]

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller
Yeah, we don't need a government. Christ, do you realize what you're even saying? Ohh wait, no, you're a fucking nutbar.

Hahaha! Get back to your failed banking schemes. They could use your 'expert' advice.

Go back and live at your parents home. I'm sure they could use the extra income from their loser son.

I'm rolling on the floor right now!!! This is hilarious!

I'm doing quite well for myself to be honest! Money is not a problem anymore. In fact, there's this weird trend going on around my campus where we've been giving stuff away for free! Its really weird, but hey, it benefits all of us and we don't seem to care.

But yeah I actually have been helping my mom remanage her financial situation so things are becoming a lot better for her too! Thanks for your concern LK!

Yeah, I am sure some lib arts college student is rolling in it.

 

[SleepWalkerX]

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller
Yeah, we don't need a government. Christ, do you realize what you're even saying? Ohh wait, no, you're a fucking nutbar.

Hahaha! Get back to your failed banking schemes. They could use your 'expert' advice.

Go back and live at your parents home. I'm sure they could use the extra income from their loser son.

I'm rolling on the floor right now!!! This is hilarious!

I'm doing quite well for myself to be honest! Money is not a problem anymore. In fact, there's this weird trend going on around my campus where we've been giving stuff away for free! Its really weird, but hey, it benefits all of us and we don't seem to care.

But yeah I actually have been helping my mom remanage her financial situation so things are becoming a lot better for her too! Thanks for your concern LK!

Yeah, I am sure some lib arts college student is rolling in it.

Would that just kill you if I was?

 

[LegendKiller]

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller
Yeah, we don't need a government. Christ, do you realize what you're even saying? Ohh wait, no, you're a fucking nutbar.

Hahaha! Get back to your failed banking schemes. They could use your 'expert' advice.

Go back and live at your parents home. I'm sure they could use the extra income from their loser son.

I'm rolling on the floor right now!!! This is hilarious!

I'm doing quite well for myself to be honest! Money is not a problem anymore. In fact, there's this weird trend going on around my campus where we've been giving stuff away for free! Its really weird, but hey, it benefits all of us and we don't seem to care.

But yeah I actually have been helping my mom remanage her financial situation so things are becoming a lot better for her too! Thanks for your concern LK!

Yeah, I am sure some lib arts college student is rolling in it.

Would that just kill you if I was?

Impossibilities don't "kill me". You're a fucking nutbar libertopian who thinks that you'll get rich off of gold. Suckers like you have existed for hundreds of years, yet, somehow, the richest people in this world don't have done fucking thing to do with gold.

Find out what Berkshire Hathaway holds, then you'll know what I'm talking about. Find out what Bill Gates holds.

The only thing you're rolling in is your tin foil.

 

[SleepWalkerX]

Originally posted by: LegendKiller
Impossibilities don't "kill me". You're a fucking nutbar libertopian who thinks that you'll get rich off of gold. Suckers like you have existed for hundreds of years, yet, somehow, the richest people in this world don't have done fucking thing to do with gold.

Find out what Berkshire Hathaway holds, then you'll know what I'm talking about. Find out what Bill Gates holds.

The only thing you're rolling in is your tin foil.

You know how I can tell how much you care about me? Its equal to the amount of venom coming out your mouth. Aww.

 

[First]

Originally posted by: Jhhnn

You didn't answer the questions, and you seem to have missed the whole thrust of Akerlof's arguments.

The fate of the corporate entity is immaterial when the opportunity for personal gain is so enormous as to dwarf all other considerations, particularly when new forms of looting via derivatives are unregulated and perfectly legal.

Conspiracy? Meh. It's just an exercise in naked greed on the part of the big players who found some rather compliant (complicit?) dupes in the Bush Admin and in the counterparties to their derivatives.

You're arguing that financial institutions have incentive to be bailed out. Arguing derivatives is one thing, since yes it isn't as highly regulated as it should be and seems quite dangerous knowing that you're betting on bets, so to speak, so the house of cards is far more dependent on fewer parts. But in terms of incentives for being bailed out, we've seen this all before, nothing here is new save for the obvious exception of the scale of this catastrophe. The exact reasons for this collapse won't be known for a while I imagine, but it's hard to say there's incentive to be bailed out to loot people, as Akerlof argues in his first sentence.

The govt has to bail them out, otherwise the whole financial system tanks. Or at least the govt has to try. If the govt goes broke in the process, it just means that wealth holders win again, even bigger, because they'll have the govt itself in the palm of their hand...

The gov't doesn't *have* to do anything and companies aren't betting that they'll be bailed out. There's no indication AIG, Citigroup, Fannie/Freddie et al were taking bad risks with the knowledge that they'd be bailed out anyway if their bets went bad. And they certainly couldn't know exactly how the Fed would react in such a catastrophe. Just look at Lehman.

 

[First]

Originally posted by: SleepWalkerX
In fact, there's this weird trend going on around my campus where we've been giving stuff away for free! Its really weird, but hey, it benefits all of us and we don't seem to care.

Oh the irony.

 

[Capt Caveman]

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller
Yeah, we don't need a government. Christ, do you realize what you're even saying? Ohh wait, no, you're a fucking nutbar.

Hahaha! Get back to your failed banking schemes. They could use your 'expert' advice.

Go back and live at your parents home. I'm sure they could use the extra income from their loser son.

I'm rolling on the floor right now!!! This is hilarious!

I'm doing quite well for myself to be honest! Money is not a problem anymore. In fact, there's this weird trend going on around my campus where we've been giving stuff away for free! Its really weird, but hey, it benefits all of us and we don't seem to care.

But yeah I actually have been helping my mom remanage her financial situation so things are becoming a lot better for her too! Thanks for your concern LK!

Yeah, I am sure some lib arts college student is rolling in it.

This explains everything and why the best thing is just to ignore the noob.

 

[ericlp]

We had the vote! "Revolution" is the same thing! Obama is gonna change it all for the good so we don't need a revolution anymore!

I'm pretty sure as soon as you got your 10 or 15 people to start the revolution the government would label you all terrorist and throw you in jail so... good luck again. The government is too powerful to overthrow buy it's servants.

 

[LegendKiller]

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller
Impossibilities don't "kill me". You're a fucking nutbar libertopian who thinks that you'll get rich off of gold. Suckers like you have existed for hundreds of years, yet, somehow, the richest people in this world don't have done fucking thing to do with gold.

Find out what Berkshire Hathaway holds, then you'll know what I'm talking about. Find out what Bill Gates holds.

The only thing you're rolling in is your tin foil.

You know how I can tell how much you care about me? Its equal to the amount of venom coming out your mouth. Aww.

You're sounding just like dave, which you probably think is cool.

 

[Jhhnn]

The gov't doesn't *have* to do anything and companies aren't betting that they'll be bailed out. There's no indication AIG, Citigroup, Fannie/Freddie et al were taking bad risks with the knowledge that they'd be bailed out anyway if their bets went bad. And they certainly couldn't know exactly how the Fed would react in such a catastrophe. Just look at Lehman.

Please. F&F knew they'd be bailed out- the govt guarantee in that regard has been implicit for decades.

Bear Stearns? Lehman? AIG? Sacrifices have to be made and rude examples set forth to convince the public of the need for a bailout and to establish compliance from the other players. You can't preach against Sin if there are no suffering sinners.

The Greenspan Put has been a widely accepted and commented on aspect of financial practices ever since the LTCM fiasco 10 years ago. The notion that it wasn't there is obviously false, since that's what's happening today...

 

[SleepWalkerX]

Originally posted by: Evan

Originally posted by: SleepWalkerX
In fact, there's this weird trend going on around my campus where we've been giving stuff away for free! Its really weird, but hey, it benefits all of us and we don't seem to care.

Oh the irony.

Socialism? You need coercion for socialism. We're practicing free trade. Both sides agree.

So far we're using another form of money besides the US dollar. Its voluntary and is not being forced. Until the switch to a new form of money is made then we'll use these 'social credits'. I'm going to buy some silver and start trading with that. So far its still cheap.

Hey btw, you know how you can convince someone to be a slave? Make him believe he's free in his 8x8 cell. What's going on is pretty clever.

 

[SleepWalkerX]

Originally posted by: Capt Caveman

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller
Yeah, we don't need a government. Christ, do you realize what you're even saying? Ohh wait, no, you're a fucking nutbar.

Hahaha! Get back to your failed banking schemes. They could use your 'expert' advice.

Go back and live at your parents home. I'm sure they could use the extra income from their loser son.

I'm rolling on the floor right now!!! This is hilarious!

I'm doing quite well for myself to be honest! Money is not a problem anymore. In fact, there's this weird trend going on around my campus where we've been giving stuff away for free! Its really weird, but hey, it benefits all of us and we don't seem to care.

But yeah I actually have been helping my mom remanage her financial situation so things are becoming a lot better for her too! Thanks for your concern LK!

Yeah, I am sure some lib arts college student is rolling in it.

This explains everything and why the best thing is just to ignore the noob.

He won't ignore me. He can't live without me! He needs to constantly belittle others around him so he won't feel that painful sense of denial. Then again, he works for the bank so he probably understands exactly what's going on.

 

[First]

Originally posted by: Jhhnn

Please. F&F knew they'd be bailed out- the govt guarantee in that regard has been implicit for decades.

Implicit my ass. You think if one of the GSE's failed during a relative good period of booming growth they'd be bailed out to the degree they were last summer? Please.

Bear Stearns? Lehman? AIG? Sacrifices have to be made and rude examples set forth to convince the public of the need for a bailout and to establish compliance from the other players. You can't preach against Sin if there are no suffering sinners.

Lehman wasn't bailed out, AIG and Bear were.

The Greenspan Put has been a widely accepted and commented on aspect of financial practices ever since the LTCM fiasco 10 years ago. The notion that it wasn't there is obviously false, since that's what's happening today...

Debatable in the extreme.

 

[First]

Originally posted by: SleepWalkerX

Socialism? You need coercion for socialism. We're practicing free trade. Both sides agree.

So far we're using another form of money besides the US dollar. Its voluntary and is not being forced. Until the switch to a new form of money is made then we'll use these 'social credits'. I'm going to buy some silver and start trading with that. So far its still cheap.

Yet you're claiming we should force millions of people out of work by abolishing government. :laugh:

Hey btw, you know how you can convince someone to be a slave? Make him believe he's free in his 8x8 cell. What's going on is pretty clever.

Kiddo, you're just confused and poorly educated.

 

[Jhhnn]

Originally posted by: Evan

Originally posted by: Jhhnn

Please. F&F knew they'd be bailed out- the govt guarantee in that regard has been implicit for decades.

Implicit my ass. You think if one of the GSE's failed during a relative good period of booming growth they'd be bailed out to the degree they were last summer? Please.

Bear Stearns? Lehman? AIG? Sacrifices have to be made and rude examples set forth to convince the public of the need for a bailout and to establish compliance from the other players. You can't preach against Sin if there are no suffering sinners.

Lehman wasn't bailed out, AIG and Bear were.

The Greenspan Put has been a widely accepted and commented on aspect of financial practices ever since the LTCM fiasco 10 years ago. The notion that it wasn't there is obviously false, since that's what's happening today...

Debatable in the extreme.

You offer the impossible wrt F&F, Evan. The notion that they'd have ever needed a bailout in a period of booming growth is a contradiction in terms, a non sequiter. What got them in trouble wasn't their own loans, anyway, but buying other entities' sub-prime MBS.

Nor was Bear actually bailed out- they were purchased by a single buyer at liquidation rates, who was subsidized by the Fed to do so. Stockholders got nearly nothing. AIG is basically in receivership, and will be sold off in chunks as buyers are found for the profitable parts of the conglomerate. Neither was much of a bailout.

If the Greenspan Put is debatable, then you need to, uhh, you know, actually offer up some argument to support your assertion. It's the way the Fed responded to every crisis since 1987- dropping rates to inject liquidity. It's not working very well in the current housing and derivatives situation because the problem isn't localized, but is rather huge and systemic. They're practically paying member institutions to borrow while not really achieving the desired results, at all. The asset swaps and loans going on in the background are an even greater extension of the Fed's and Treasury's attempts to create liquidity, ease deflationary pressures.

 

[MadRat]

The only revolution I see coming is when the sheriff's office tells the bank to "G* F*** Y******!" when it comes to serving eviction notices. i heard from a local deputy that they've been seeing people actually presenting arms when they deliver the notices lately. Too many good people were more or less leveraged into their homes as much as these big companies were and they are just as sensitive to taking a fall. The fear is now that if a deputy tries to wrestle the home away from the wrong hick then he might just meet the receiving end of a shotgun.

 

[AlienCraft]

Originally posted by: Evan

Originally posted by: SleepWalkerX
http://www.youtube.com/watch?v=cPy8SnzRsqc

Yeah, this is sad.

I'm assuming you're saying "sad" because youre of the opinion that Alex Jones is off the beam.
What if he's right?
Try for one minute to seriously consider the possibility that he's correct, and what that might mean for the rest of us.

 

[LegendKiller]

Originally posted by: MadRat
The only revolution I see coming is when the sheriff's office tells the bank to "G* F*** Y******!" when it comes to serving eviction notices. i heard from a local deputy that they've been seeing people actually presenting arms when they deliver the notices lately. Too many good people were more or less leveraged into their homes as much as these big companies were and they are just as sensitive to taking a fall. The fear is now that if a deputy tries to wrestle the home away from the wrong hick then he might just meet the receiving end of a shotgun.

The one thing that separates this country from any other almost-great country, or failed country, in the history of humanity is our strong property rights. Start to degrade those you degrade society as a whole.

The people knew what they were signing in 99% of the cases.

 

[LegendKiller]

Originally posted by: SleepWalkerX

Originally posted by: Capt Caveman

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller
Yeah, we don't need a government. Christ, do you realize what you're even saying? Ohh wait, no, you're a fucking nutbar.

Hahaha! Get back to your failed banking schemes. They could use your 'expert' advice.

Go back and live at your parents home. I'm sure they could use the extra income from their loser son.

I'm rolling on the floor right now!!! This is hilarious!

I'm doing quite well for myself to be honest! Money is not a problem anymore. In fact, there's this weird trend going on around my campus where we've been giving stuff away for free! Its really weird, but hey, it benefits all of us and we don't seem to care.

But yeah I actually have been helping my mom remanage her financial situation so things are becoming a lot better for her too! Thanks for your concern LK!

Yeah, I am sure some lib arts college student is rolling in it.

This explains everything and why the best thing is just to ignore the noob.

He won't ignore me. He can't live without me! He needs to constantly belittle others around him so he won't feel that painful sense of denial. Then again, he works for the bank so he probably understands exactly what's going on.

I can talk pretty rationally with rational people. Nutbars who spread bullshit get it thrown back at them.

 

[MadRat]

Originally posted by: LegendKiller
The one thing that separates this country from any other almost-great country, or failed country, in the history of humanity is our strong property rights. Start to degrade those you degrade society as a whole.

The people knew what they were signing in 99% of the cases.

The precedent is already set that if one fails on debt they will come to help you pay your bills. The little guy wants his share, too.

 

[StageLeft]

Meh, I am holding out for next season of so you think you can dance.

 

[alchemize]

Originally posted by: SleepWalkerX

Originally posted by: alchemize
OK I'm going to be (semi) serious for a moment.

OP, a couple of questions:

1) Specifically, outside of "raising awareness", what exactly are YOU doing for the revolution?

This is the revolution so far. Every action we do affects the others around us. The action I do later will depend on the kind of response I see from the environment around me. If enthusiasm increases I might organize some friends and protest. If there isn't a lot of enthusiasm then I might just continuing speaking with people. Do you understand?

Originally posted by: alchemize
2) Specifically, what do you expect EVERYONE ELSE to do for the revolution?

Good question! I expect that everyone is slowly understanding the trick that is being played on them. Its becoming increasingly clear that the bailout is a scam. There are some people at the top of our government and economy that are trying to increase our debt load and keep us in a constant cycle of debt. This system has been around for a long period of time. Right now they're doing a rinse and repeat, if you will.

So your ultimate solution is to get some friends together and protest? Doesn't sound like much of a revolution to me...I'm going to pass until you involve pitchforks and torches.

It's great you have some noble ideas (naive as they are, but you're a youngster). But your notion that neither voting nor violence are possible drivers of revolution is wrongheaded. Name a single revolution that wasn't based in one or the other in all of history...

 

[Chunkee]

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller
Yeah, we don't need a government. Christ, do you realize what you're even saying? Ohh wait, no, you're a fucking nutbar.

Hahaha! Get back to your failed banking schemes. They could use your 'expert' advice.

Go back and live at your parents home. I'm sure they could use the extra income from their loser son.

I'm rolling on the floor right now!!! This is hilarious!

I'm doing quite well for myself to be honest! Money is not a problem anymore. In fact, there's this weird trend going on around my campus where we've been giving stuff away for free! Its really weird, but hey, it benefits all of us and we don't seem to care.

But yeah I actually have been helping my mom remanage her financial situation so things are becoming a lot better for her too! Thanks for your concern LK!

Yeah, I am sure some lib arts college student is rolling in it.

Try removing the self-righteous and smug cobb that is up your ass. Your pseudo-elitist mentality procures nothing than the emanation that you are full of shit.

 

[BoberFett]

Originally posted by: Chunkee

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller

Originally posted by: SleepWalkerX

Originally posted by: LegendKiller
Yeah, we don't need a government. Christ, do you realize what you're even saying? Ohh wait, no, you're a fucking nutbar.

Hahaha! Get back to your failed banking schemes. They could use your 'expert' advice.

Go back and live at your parents home. I'm sure they could use the extra income from their loser son.

I'm rolling on the floor right now!!! This is hilarious!

I'm doing quite well for myself to be honest! Money is not a problem anymore. In fact, there's this weird trend going on around my campus where we've been giving stuff away for free! Its really weird, but hey, it benefits all of us and we don't seem to care.

But yeah I actually have been helping my mom remanage her financial situation so things are becoming a lot better for her too! Thanks for your concern LK!

Yeah, I am sure some lib arts college student is rolling in it.

Try removing the self-righteous and smug cobb that is up your ass. Your pseudo-elitist mentality procures nothing than the emanation that you are full of shit.

I bet LK masturbates to pictures of himself. He seems to be under the impression that he's the only adult in this forum and that everyone who doesn't agree with him is unemployed and lives with their mother.