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alstry (35.42)

How Silly Are The Gardner Bros...

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October 08, 2010 – Comments (3)

They had the mother of all Fools.....Alstry.....warning them that our entire economic system was a fraud.........fraudulent loans being made by insolvent banks and selling them to our retirement accounts........and to add insult to injury, the taxpayers bail out the banks and not taxpayers..... and what did the Gardner Bros do?....they simply ignored Alstry and tried to sell financial advice despite the rampant fraud....

In essence, they became feeders to a Madoff like system.....disregarding the thousands of posts Alstry put right in front of their eyes with clear supporting evidence that fraud was rampant......

Crazy if you think about it....a website created on the premise of being the Fools of Wall Street....and it took Alstry to play the Fool of the Fools.....

and now after THREE years....it is all falling apart.....

The Foreclosure scandel is just the beginning.....and Warren new about it the entire time........

Get ready....Zombulation to Concentric Contraction......12.....11.......10..........

Bank of America stops US foreclosures for review

3 Comments – Post Your Own

#1) On October 08, 2010 at 6:36 PM, BillyTG (29.32) wrote:

Think how many layers, how widespread, and how entrenched these scandals are.

Scandals behind scandals behind scandals.

fiat currency backing subprime loans to people without adequate income. The scheme inevitably explodes, homes get foreclosed so banks can recover money, backed by taxpayer dollars. Then people figure out the foreclosures are illegal, all foreclosures stop, corrupt banks stop recovering losses, real estate market comes to a screeching halt, all backed by taxpayer dollars. Banks not allowed to fail because they are too entrenched in overall economy, bailed out by taxpayer dollars. World figures out that US taxpayer dollars are nothing more than little pieces of paper with numbers, world gets rid of dollars, starts buying gold, realizes that entire US economy is being artificially propped up with little pieces of paper.

That's my ultra simplistic view, that doesn't even touch on commercial real estate, auto loans, credit card debt, the bond bubble, precious metals manipulation and price suppression by JP Morgan, etc. The sh!t hasn't even hit the fan yet, and we know we're doomed.

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#2) On October 08, 2010 at 8:10 PM, BearishKW (< 20) wrote:

putting on my tin foil hat

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#3) On October 09, 2010 at 1:46 AM, awallejr (83.90) wrote:

fraudulent loans being made by insolvent banks and selling them to our retirement accounts........and to add insult to injury, the taxpayers bail out the banks and not taxpayers.

Old news already.  Move on, sheesh.

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