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alstry (35.16)

Now We Learn.....Our WHOLE Financial System Is A Fraud....

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November 22, 2010 – Comments (2)

First it was Alstry, Black, Denninger, Tvakoli, Zero Hedge and others....

Then Gross told us calling it more extreme than a Ponzi Scheme.......a Sammy Scheme?

Recently Buffett mocked the game by thanking government for bailing him out and leaving millions of his fellow citizens out in the cold......

High Frequency Trading....since when was front running legal?

Sub prime is contained with Neg Am loans still not even addressed?

We simply built our entire economy around fraudulent lending that mathematically cannot be paid back..without lending more of course...it drove our lifestyle, it drove our jobs, and it drove our investments.....but when things started to crack.....we simply lent even more.....

we "rescue" insolvent countries by lending them more.....and call it a bail out?

The amazing part is this was so easy to see......it was so clear that the rule of law broke down in our country.....and our own countrymen were being violated and few of us cared.

We bailed out Wall Street and not Mainstreet?....and there wasn't rioting in the streets of mainstreet?

Too Big to Fail?  The Constitution was designed to protect the "little guy."

What happened?...I think I know.......

It was the only way to keep the system going.....it was our way of life.....it was the life as we know it.........the cop had to become the criminal........or everything would crumble........

EXTEND AND PRETEND.........let's blow the biggest bubble in history.....and when it blows we will start over..........

Insider Trading Probe Could Peg Wall Street's Biggest

Banks face another mortgage crisis

FBI raids two hedge funds in insider case: report

SOON WE WILL FIND OUR PENSION FUNDS APPLIED FRAUDULENT ACCOUNTING....SO DID OUR MUNICIPALITIES.....AND PUBLIC COMPANIES.....AND WE COULD GO ON AND ON....

We watched fraudulent loans made to public homebuilders put 85% of the private homebuilders out of business.....yet no one cared....becasue it wasn't you.

SOON IT WILL BE YOU!!!!!!  and you will care........

Welcome to the Digital Age......and age of sustainable consumption and the end to a life as you know it.

 

2 Comments – Post Your Own

#1) On November 22, 2010 at 4:20 PM, jegr5347 (< 20) wrote:

All this confirms that no matter how well an average investor does in the market, there are others who manipulate and scheme the system, pushing the line of legal over that of fraud, making money off the rest. It is a zero sum game, getting harder to make money honestly, so dishonesty, smoke and mirros, fraud, and shams is the name of the game.

 

 

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#2) On November 23, 2010 at 1:34 PM, lenherrl (< 20) wrote:

AMEN I SAY!!!

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