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#1 |
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Ring of Famer
Join Date: Apr 2006
Posts: 9,764
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Apparently Obama's Treasury Sec Tim Geithner is in Europe trying to staunch the deepening liquidity crisis there.
The US banksters cannot allow the European banksters to go under -- or the crisis will quickly spread to the US. US banks are on the hook -- having sold vast credit default swaps to the Europeans. Will it work? Check out Mike Whitney's latest... http://www.counterpunch.org/2011/09/...ropean-junket/ Last edited by mhgaffney; 09-17-2011 at 05:44 PM.. |
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#2 |
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Ring of Famer
Join Date: Sep 2002
Location: In the Tetons!
Posts: 19,283
Adopt-a-Bronco: WorrellWilliams |
Tiny Tim is probably giving them the "how to fail" lesson plan... if they actually listen to his advice then the joke is on them...
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#3 |
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STOP!
Join Date: Dec 2002
Location: In a van down by the river
Posts: 10,970
Adopt-a-Bronco: Von Miller |
Geithner can't even get arrested in Europe. See, in order to counsel Europe on their crisis, you have to have some type of credibility in dealing with YOUR crisis. Timmy self-selects right out of that conversation.
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#4 |
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Ring of Famer
Join Date: Apr 2006
Posts: 9,764
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I see you two are savvy on Geithner -- and what it all means.
I noticed today that gold and silver have dipped -- This could be the last bus out of town. Hope not, of course, but... |
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#5 |
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Mo' holla fo' yo' dolla!
Join Date: Dec 2002
Location: In a bunker in an undisclosed location
Posts: 52,694
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Geithner?
The 'socialist' economic adviser? ![]() |
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#6 |
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Ring of Famer
Join Date: Apr 2006
Posts: 9,764
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Geithner a socialist?
It depends on how you define "socialism." If you mean that the US government is socialist because it gives free money to the banking elite. Yeah. I wouldn't call socialism for the top .05% socialism. I'd call it by its true name: plutocracy. Fixed it. I'm not a total heel. Last edited by mhgaffney; 09-21-2011 at 11:22 AM.. |
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#7 | |
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Mo' holla fo' yo' dolla!
Join Date: Dec 2002
Location: In a bunker in an undisclosed location
Posts: 52,694
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Quote:
Exactly. |
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#8 | |
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Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 48,830
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Quote:
You take the "social" out of socialism. |
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#9 |
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Ring of Famer
Join Date: Apr 2006
Posts: 9,764
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Ro's idea of "nice" explains many things.
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#10 |
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Partisan
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 48,830
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#11 |
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Ring of Famer
Join Date: Apr 2006
Posts: 9,764
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#12 |
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Ring of Famer
Join Date: Apr 2006
Posts: 9,764
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I acknowledge my mistakes -- which is more than I can say for Ro.
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#13 | |
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Ring of Famer
Join Date: Apr 2006
Posts: 9,764
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Quote:
When I first came on the Mane in 2006 I was all of those things. (Believe it or not -- that is my natural state.) I naively believed that reason and logic and truth would win out -- and persuade all comers. I quickly learned different. The OM laughs at Nice guys -- who are considered effete wimps. The only lingo around here that anybody hears is a 2 X 4 across the face. That is the reality -- like it or not. I didn't say I like it -- I don't. We do what we can. MHG |
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#14 |
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...
Join Date: Jan 2003
Location: DistrictOfCorruption
Posts: 4,914
Adopt-a-Bronco: Ben Garland |
anyway we can get a hit out on "sky is falling" tim-may? can we extreme rendition him?
if countries aren't too big to fail, banks sure as hell aren't, tim-may. break up the banks. End the Fed. bring back competition to financial markets. its our only hope. |
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#15 | |
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Mo' holla fo' yo' dolla!
Join Date: Dec 2002
Location: In a bunker in an undisclosed location
Posts: 52,694
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Quote:
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