Slashdot Mirror

The problem is that it's not as simple as you describe.

The Market Ticker has more detail on this. People got screwed.

It's a bit of a smoke screen story. I doubt it is even true. It's to cover up the real issue of automated trading. Denninger covers this in his Ticker for today:
http://market-ticker.denninger.net/archives/2282-Mr.-President-Unplug-the-Fing-Computers.html

I'm no fan of Yamhead, his Perma-Bear status is a problem, but he does call out the systemic problems and the systemic FRAUD in the market correctly.

If we haven't crossed the event horizon already we're very, very close.

If your a Commercial Broadcast Station, your part of the largest most dangerous cult on Earth and all you spew is fascist propaganda, and "psyop fluff noise" to keep the public from being informed about the real shit that fuckin matters.

If your a Representative, your an OATH BREAKER
(an exception for Ron Paul and Kucinich - except what does it matter? In an age of electronic vote tabulation devices which have broken the chain of custody, elections are now whatever bullshit officials say they are)

If your a Corporation, your the new Mafia, except you use soft weapons to kill now.

Which brings us to HOW do they do this?

BANKS.

How do they get away with it?

Senators broke their OATH OF OFFICE
Senators of BOTH "(R) and (D)"

You have NO representation.
Your Senator doesn't give a fuck what you say.
You can't vote em out cause the media makes them be the only one on your ballot, and the electronic vote tabulation devices do the rest.

The only people that will lose if health care is cleaned up are the insurance companies and the most dishonest drug companies

That is a true statement. Now how likely do you think that what the government is trying to do will in any way "clean up" the health care system? The plan most likely to pass forces the entire population to buy the insurance companies' product! Compared with plans that actually attempt to solve the problem it is clear that the only thing that congress will pass is corporate welfare for insurance companies and unions.

No effort is spared in government to protect the dishonest business practices of these sheisters, and no effort is spared in the media to disguise it as the parent companies of the major media outlets benefit greatly from keeping the public in the dark.

Goldman Sachs Group Inc. research analyst Marc Irizarry's published rating on mutual-fund manager Janus Capital Group Inc. was a lackluster "neutral" in early April 2008. But at an internal meeting that month, the analyst told dozens of Goldman's traders the stock was likely to head higher, company documents show.

Nothing like selling bonds out the front door and shorting them on your prop desk, right? Oh wait, Goldman did that too!

Securities laws require firms like Goldman to engage in "fair dealing with customers," and prohibit analysts from issuing opinions that are at odds with their true beliefs about a stock. Steven Strongin, Goldman's stock research chief, says no one gains an unfair advantage from its trading huddles, and that the short-term-trading ideas are not contrary to the longer-term stock forecasts in its written research.

Riiiight. And I'm the Easter Bunny.

The truth is that this recession has been driven by two things. The primary factor is that people panicked. EVERYONE freaked out, THE SKY IS FALLING. The second factor is simply a side effect of the first one, banks backed off on giving credit, even to people who were low-risk.

No, this is not what's driving the recession. What's driving the recession is that the amount of debt in the economy, especially the American economy, has reached critical mass. You really need to start reading some blogs like The Market Ticker, Mish's Global Economic Trend Analysis, and Zerohedge to get a true picture of what's going in the economy.

As for this particular "cash for clunkers" program, all it's doing is pulling forward demand for new vehicles. It will cause a short-term rise in demand now, but once the program expires or runs out of cash again, that demand will vanish and there will be nothing to replace it. Sales will have to return to their previous level or even go lower, as the people who buy new cars under this program certainly won't need to do so again for a few years.

At the macro level, all the debt in the system has produced a similar effect. All the demand, all the growth we've seen for years now, has been fuelled by debt. The debt just can't grow any more; everyone's maxxed out and now trying to pay it down. There's so much debt out there that clearing it out is going to be a long, painful process, and during that process we'll be lucky to stave off an outright market crash, let alone actually return to a growing economy.

The Market Ticker had a post as well: http://market-ticker.denninger.net/archives/1259-High-Frequency-Trading-Is-A-Scam.html

"Hell if computers and internet worked just fine here we'd all be unemployed or working at McDonalds."

Funny you should say that...

http://market-ticker.denninger.net/archives/1142-The-Bond-Saga-It-Gets-More-Odd.html

(One of these things doesn't go with the other. )
We can't even get electronic voting.
We need committees elected by people.

Electronic vote tabulation devices do not allow for public oversight. If you don't have public oversight, you are basically counting votes in secret, which isn't good for a supposedly constitutional republic

Why worry about games when we have
Other crackdowns...

Threats by the Chinese government, if they catch ya posting something they don't like.myspace-cn

If we analyze China, ourtreasury notes, current events, perhaps we should prepare for our future to be similar to Iceland.

Our family uses the disposable swabs. Both the allergy and the cold swabs, not the spray for several years now. Nobody has this problem. But it has shortened colds. And helped with allergies. (None of us use any nose sprays by any brand)

Before we all go off the deep end and get's yet another "alternative cure" (regardless if you agree or disagree it's a cure) banned in lieu of big pharmacist, expensive drugs, big hospital bills, questionable safety in our vaccinations, all while having no health care, and a government which has welfare for banksters, warfare and surveillance.

Ever think this might be purposely targeted so you'll have no cure to specially crafted bugs which accidentally escape super labs?
I don't know that it is, or isn't and I ain't trying to be paranoid, I am just throwing the idea out there, cause I'm fucking sick and tired of the lies that come from my government, to the point where I don't trust anything they fucking say anymore. Which leaves me with validating facts on my own. The media has literally become a dangerous cult.

I don't know about you, but I am not willing to give up a product which frankly worked fine for my family several years now, in exchange for a Goebbels Media pushing a fucking "Prescription for America" when no opposing views including Single Payer were allowed in discussions.

The debate about if it's homeopathy or not, I don't care. It's a political narco profit motivated fascist argument. You go ahead and waste several million or billion on such nonsense and it's research, legal fights, and bureaucracy.
Keep in mind they are already trying to fuck with the codex.

I am much more simple.
I go by if the fucking thing works or not.

In OUR family's case zicam swabs (Cold and Allergy) works just fine, no loss of smell. We also followed the instructions carefully.

I can't speak to the spray.

We also use oil of oregano, and many other food supplements.

Of course all this is my opinion, and as it should be implied. Ask your friends and neighbors if they have problems. Not what they hear on the tv, you want to know first hand experience and use and results. There lay the answer, we don't need all this FDA, DHS, ATF crap, it's already too fucking big and too expensive!

Turn the tv off.

http://www.detroitblog.org/

http://globaleconomicanalysis.blogspot.com/

http://www.irvinehousingblog.com/

http://market-ticker.denninger.net/

There's four right off my bat, all home runs. But you wouldn't care about financial news, as the closest thing you have to a married life is jerking off to teenagers getting it in the butt on redtube.

They just ran out of money, that's all.

If I borrow $100 now and put it to work now, that $100 will have a net effect of the $100 spent x the current multiplier

Right. And the multiplier has fallen below 1.0. The United States cannot print or borrow out of this mess, which is the point that the grandparent post was making.

It's not like the United States has a safe with trillions of dollars that can be distributed or invested in some central planning scheme. The trillions of dollars which are being offered represent money that the US government doesn't have.

The magic they were performing was due to their being government enterprises, thus the securities were government backed

Except of course that the securities were in no way goverment backed. Anyone who says so have either never seen one, or don't possess the reading level of a 12 year old.

I quote the title page of a Fannie Mae certificate (except that the certificate has this in capitalized letters in a big font): "The certificates and payment of principal and interest on the certificates are not guaranteed by the United States, and do not constitute a debt or obligation of the United States or any of its agencies or instrumentalities other than Fannie Mae"

The dirty secret is that Comcast sells Cable TV channels.

So if you have an Internet Only plan with them you can use that to watch p2p TV channels.

Some of these channels they don't even OFFER!!
When you run p2p tv for your entertainment, they can't sell you Cable TV.

There's your REASON for killing p2p.

Now, the 250GB data cap is to prevent Joe 6-Pack from starting an Independent News Station and help to keep an informed population. Simple fascist greed.

Now if you step back and look at the big picture, if this trend continues, it will eventually destroy the first amendment, which is already under heavy attack from many different angles.

In short, your ability to stay informed is dying by a thousand cuts. Your ability to communicate is dying by a thousand cuts. Your privacy is gone because someone broke their oath of office, your ability to use the vote to get these people out of office is gone because of electronic voting machines. And the economy as it crashes and burns is going to be the burden of the taxpayer, because these same corrupt people (cough Senators) won't stop the market fraud, or lock up stocks that are being manipulated from outside of the US. Neither McCain nor Obama will address this.

Your homework is to figure out how to stop this.
Or you can flame me and say I am full of shit.

drudgeRETORT.com = liberal
drudgereport.com = fascist

Now make a note of which blog was actually attacked by the Associated Press.

That's right, the liberal blog was attacked, so what does that make the AP?

"The reason you're paying $4/gallon for gasoline is because Congress and The Fed looked the other way while the housing bubble was being blown, utterly refusing to do their job of regulation, and now they are both allowing Bernanke and Pals to artifically tamp down interest rates so you can be screwed AGAIN while Goldman makes $4.50/share this quarter and buys back more than a million shares of its own stock!" -- Market Ticker

Slashdot Nerdiness at its best! The country is on the brink of unstoppable financial catastrophe that may make Great Depression seem mild, major banks have come || this close to failing in the last few days, the best economist on the planet has been openly panicking on his blog, but Slashdot decided to talk about the financial theory of science fiction! Maybe, just maybe, since the original story is about Krugman (who is considered by many to be the most celebrated economist of the present) you should go and check out his blog, read his posts for the last 20 days, and realize that we probably should be talking about something else now...