Those doing the accusing usually attributed my feelings to McCain being accessible.

Um, not so.

N is for Naught

Ned is for Naught ahead

Since Zed is allegedly dead

NED

oops

OT sort of:

Joseph Stiglitz has some observations that may shed light on Attaturks post:

http://www.guardian.co.uk/comm…..wallstreet

The fruit of hypocrisy

Mc Same as chair of the senate commerce commiyyee enabled corporate consolidation of the media. Now millions of hours of neocon programmimg are brainwashing listeners with tripe and spin. John you are a phony.
Good post Attaturk.
September 12, 2008 ACLU filed a suit against the FISA bill that was passed due to spineless dems supporting a republica bill out of the wgitehouse. McSame was AWOL from the vote.

Joseph Stiglitz nails it for me to. Paraphrase:
America’s best and brightest broke the rules that protect the economy. Financial instruments leveraged 30 to 1 that are secured with negative value create the Miriam Fractal Spiral that will draw a healthy economy into a recession.
These criminals turned a profit on every worthless transaction, then bundled them into packages to issue worthless paper on. They knew what they were doing and down the road we would pick up the tab.

That is one of the reasons Ian is such a value, he explains the workings of economic edifices in a way that is understandable. It is a failure of the educational system that every one passes through without a hint about economics. There is no common language for communicating economic ideas and concepts; the vocabulary used is babel. That is no way for people to come to judgments about economic policies. It IS the way of ignorance.

It would be curious to see what the responses are to simple questions: What is rich?, What is wealth?, Are they different?, Are they the same?, Why? The answers in short will show economic babel.

How is it possible to communicate ideas using babel? How will it be possible to communicate economic resolutions using babel? If either happen, you will have witnessed a miracle.

As for ignorance, here is a good line -

For they have sown the wind, and they shall reap the whirlwind Hosea 8:7

this is brutal for mccain, his family won’t vote for him and his media has abandoned him

his family still shows integrity, their country before their loyalty to family, however the media, this is because they all went broke and they know mccain will take even more of their money

now barak should have the media on his side for a little while, but he still has the bigots to deal with, voter turnout must overcome the number of bigots that will turn out against obama

I do believe that if votes are flipped this election the media will not let the neo fascists get away with it this time, they have had enough

I think this might also be a good time for kucinich to re-introduce those articles of impeachment, they are going to have a much broader reception from the media now that their bank accounts have been blead dry

Good morning, pups. It’s Bobo and Herbert today. Bobo, who has turned into Palin’s water carrier, gives us “Why Experience Matters.” He frets that governance, the creation and execution of policy, is hard. It requires prudence. How is prudence acquired? Through experience. If he weren’t such a horse’s patoot I’d almost feel sorry for him. Mr. Herbert discusses “McCain’s Radical Agenda,” and says John McCain’s health plan is a monumental change in the way coverage would be provided to millions of people. Why aren’t we paying more attention? Um, because of poutrage over lipstick on pigs and other distractions which all the Very Important Pundits are wasting time nattering on about.

http://mgpaquin.wordpress.com/

The coffee and tea are ready, and the Thomas’ English muffins are all hot and crispy. I’m back to feeling human again, so it’s off to the salt mines today. Have a great day.

Joe showing so woman introducing Biden called Palin “a bucket of slop”. Put your fingers in your ears cuz the whining is coming.

Financial instruments leveraged 30 to 1 that are secured with negative value create the Miriam Fractal Spiral that will draw a healthy economy into a recession.

we haf been in recession for about the first 3 years of the past five, for the past two years it has already been a depression, not quite the magnitude of the great depresion but a depresion never the less

businesses are paying more for raw material and forced to charge less to the consumer

hey, does anyone know where all the money went in the great depression?

how did it just evaporate overnight, who held those dollars

John McCain’s health plan is a monumental change in the way coverage would be provided to millions of people. Why aren’t we paying more attention?

because mccain has co=opted the robber baron principles, that industry is responsible for nothing, not the health of their country, the envirnment or the health of their labor force

let them die early, that’s their motto

has joke line had anything to say about who to vote for?

I am suspecting the corporate world now recognizes they need a middle class to survive, they might be abandoning the neo fascist economy they’ve been promoting for so long

Excellent time to remind the country that LYING HAS CONSEQUENCES. Whereas John McCain aspires to become the nation’s “Liar-In-Chief,” he has put himself squarely in the cross hairs. As karma would have it, McCain is scheduled as a special guest on CNBS this morning. In case you thought the markets weren’t totally manipulated, with the Asian markets down 5% on average overnight, the futures markets in the US are in the green. This is a surreal stunt, orchestrated by the Treasury Department’s Plunge Protection Team, timed to coincide with the McCain appearance. It won’t work, and the market will fall apart today before your eyes.

This financial disaster is epitomized by AIG’s portfolio of credit default swaps and derivatives. The Republicans OWN this market boom AND subsequent bust. They own the lies that led to the boom, and the deregulation that led to 30-to-1 leverage and derivatives risks (supposedly) offloaded into the stratosphere, all of which are rocketing back to earth today on AIG’s balance sheet. Mr. McCain’s party of liars, shills and thieves OWNS the fleecing of America – and the pending Greatest Depression.

The Real estate bubble was blown up by the Republican philosophy – “selling the lie.” The stock market bubble was all based on “selling the lie.”

There is no “market.” It’s ALL a lie. When AIG has to sell its assets at firesale prices into the real economy, the rest of Wall Street will be forced to value the assets held on its books at REAL market prices. Inflation is history, deflation is upon us.

Stamp McCain’s forehead with the title he has earned:

“LIAR”

how did it just evaporate overnight, who held those dollars

The dollars went to buy paper (stocks) in expectation of a profit that did not happen

The paper (stocks) became worth-less or worthless

Hence, the dollars disappear, their last known address was the purchase of stock from a seller of stock.

p.s. agree with you about the recession/depression, although it was hidden behind the camouflage of dollar’s depressed purchasing power.

SOS (the last, *not* ship) from scar:

The nasty old elites! ELITES ! ELITES!, I say, have their long knives out for my poor Everyman sarah!

Forkin’ arsehole!

OT: Good Morning. NOW’s Pres. Kim Gandy on NPR. Saying NOW does not usually endorse a candidate. Later today they will endorse Obama based on responses from members/other women, the way Palin seems out of touch. Though chosen to appeal to women, not so much…..

I’m really sorry, Neil Young, but after reading Concern Troll Cohen, the first thing to pop into my mind was,

“I’ve read Rich Cohen and the damage done
A little part of it in everyone
But every flunky’s like a settin’ sun…”

Just after mid-day in Europe, here is how their markets are doing

http://newsvote.bbc.co.uk/2/sh…..efault.stm

FYI: FTSE = London, DAX = German, CAC = French (stock exchanges

see current status (up/down) here

we haf been in recession for about the first 3 years of the past five, for the past two years it has already been a depression, not quite the magnitude of the great depresion but a depresion never the less

Over the last few years it has been a depression for the less than wealthy a pending recession for those who are wealthy and a “I don’t give a fuck” for the super wealthy. Now the money problems are starting to hit the wealthy so MSM is taking notice. If, over the next few weeks, a number of the larger financial institutions such as AIG, Washington Mutual, and a few others, go down the tubes the wealthy might reach the recession stage but the super wealthy will still be saying “Fuck you I’m all right Jack”

Good morning. Good news, thanks. You are very brave listening to NPR, I commend you.

Maybe not so much the lying though that is the basis of “A deviant state of reality” which has its consequences.
;-(

I blame Bill Clinton for counseling Barack Obama to avoid Town Hall Meetings.
Seriously, with the exception of the Clinton part, this is his excuse: his opponent must compete in a forum of his choosing or else all the rules of decency go down the tubes.
BTW, why does no one call him on the ‘voted “present”‘ thing.
There is no such vote in the US Senate; if you are present you vote.
McCain doesn’t bother to show up for votes he would be tied to.

As for the topic at hand: I have stopped reading the supposed liberal commentators: they are generally full of themselves (and their digested meals) and are best ignored. Really.
I *do* read the oppo to see what they are up to.

“A deviant state of reality”

It’s all intentional deception – and the media is complicit. It wrote the following in 2006:

The appearance of a “market” exists through the disinfotainment entities such as Bloomberg and CNBS, all designed to enable the moneychangers to fleece their purported investors for all of the commission money they can put their hands on while supporting the illusion of market dynamics at play.

Markets operate on supply and demand. In the aftermath of the tech bubble and the and the attacks of 9/11, the market was managed downward to a preselected level agreed upon by all of the major participants. What prevented a total market crash? The PPT. Whose money did they use to fund the other side of the trade for every panicked investor who wanted to get out of their stocks? Yours.

Actually, they created that money from thin air, using the tools at their disposal, which include a printing press, black box computer programs, offshore accounts managed by the Fed itself, the total control of the United States Treasury, and an authorization from Congress allowing them to do so in the interest of “National Security.” Remember the orderly decline in the markets that followed the initial collapse following 9/11? They managed it downward, making money all the way down by shorting it, while simultaneously buying up just enough equities to keep the decline orderly. When you totally control the game, and you know exactly what the news is going to be that will drive the markets (because you are responsible for creating it), it’s not only a self funding proposition, but you can make billions on both sides of any trade.

When the PPT made their decision to put a floor under the market, thereby building the base necessary to run their scheme in reverse, they let the moneychangers know that it was time to take the market higher, all under the cheerleading of Larry Kudlow and the control of Alan Greenspan. All of the purported “data” that the Government puts out measuring job loss, GDP, – literally everything is all a lie. The black box programmers simply tell the propagandists what the headlines need to reflect in order to fulfill the long term plan, and the shills dutifully spew the talking points.

You may not recall this, but about two years ago, the FBI was summoned to the University of Michigan to look into the premature release of the Michigan Consumer Confidence Survey numbers, a monthly market moving number which the Fed did not control…the ONLY number that they do not control. The leaking of this survey’s results to a select few via computer was perceived to be a major failure of a system that had worked perfectly for years.

So here come the FBI cyber-crime experts to examine all of the computers and software used to tabulate the survey’s results each month…and spend whatever time is require to give the Fed Chairman the tools require to control the results of the survey in the future through the same technologies that controlled the outcome of the Ohio elections. Since that time, this hugely important barometer of the public mood has been falsely inflated. The public had always been conditioned to view their only reality in the context of this report, to gauge how they were doing relative to their fellow countrymen. Controlling American Consumer Confidence via a rigged mood meter is the ultimate Orweillian stunt, and serves the ruling party in their political polling results while propping up the stock market, while in reality, the country is in a state of utter collapse behind the scenes.

FYI, the ACTUAL number of persons willing to work in the United States who are hopelessly unemployed is in excess of 12%. The reason the nation’s borders remain open is twofold. The first is to drive down the labor costs in the United States at push the entire middle class into a subservient role, saddling them with historic levels of debt tied to artificially inflated home prices and the crack cocaine of free credit. The second is the full knowledge that the only terrorist threat to the United States are the acts of violence which our own government and its agents commit against us in order to keep us fearful and subservient. Why do you think there has been no effort to secure US ports? They know that they represent no threat. And how do they know this? They control the threat. Why do we find ourselves at this time in history with the biggest gas hogs ever conceived being pushed by the suits in Detroit? Why has their been no meaningful push for alternative fuel vehicles? Follow the money. How much oil company stock do the suits in Detroit own? Who gave it to them? Why?

How is it that the unions are being busted or neutered in this country because US car manufacturers are left with little choice but to declare bankruptcy (thereby voiding their long-term pension benefit obligations)? Is this all just a massive coincidence?

Why has the price of oil gone up since the invasion of Iraq? Because that’s the side of the bet THEY were all on, and THEY control the price. If you’re one of them, you’re provided with the script in advance, and you know which way to bet. If you oppose them, you no longer have access to the script, and you lose everything. If you know the news before it is made public, you can make millions from every headline. Who knows the news first? Those who control it…those who shape it…those who manufacture it. How important is control of the media to the money changers? It’s everything to them.

continues…

At least they’re Nice Polite Republicans. Just about the only other thing available down here is raving right lunatic screaming. Well, that or classic rock…

It’s a curious phenomenon, this gathering revulsion among erstwhile enthusiasts for McCain. No convincing explanation for this has been put forth, as far as I can tell.

By all rights, there should be no squeaker in the general election. It’s absolutely baffling to me why the the opposition party shouldn’t have a commanding lead after eight years of sheer bloody-mindedness among McCain’s ilk. Why the race continues to break even, even at this juncture, is quite the poser. People must be hardwired to make really unwise choices.

Typo. Should read: “I wrote the following in 2006″

People must be hardwired to make really unwise choices.

Dumb ‘em down enough and they don’t need to be “hardwired”. :-(

But, hey! That’s just the elitist in me talkin’.

Is this the point where race is in play? Just assuming.

Maybe because the polls are manipulated? I don’t believe any of them.

And what will the excuse be when the press abandons McCain and Obama is still losing?

FYI:McC was just on CNN. Now Biden.

Former Pollster Pleads Guilty to Fabricating Results

Tracy Costin, the former owner of polling company DataUSA Inc., entered a guilty plea to conspiracy to commit mail fraud for fabricating the results of polls the company conduct on behalf of, among others, President Bush in 2004.

http://lawprofessors.typepad.c…..lster.html

”We’re an empire now, and when we act, we create our own reality. And while you’re studying that reality — judiciously, as you will — we’ll act again, creating other new realities, which you can study too, and that’s how things will sort out. We’re history’s actors . . . and you, all of you, will be left to just study what we do.”

Karl Rove

It went where all the wealth “created” by the new corporatists went. it was make believe – essentially printed money – banks do it with fractional lending. This is nothing more than a means to extract the earnings from people who work – to the bankers who do nothing.

Here’s how it works.

A bunch of people deposit 100,000 in a bank for example (savings… checking CDs) at low interest

Bank then offers loans to borrowers at higher interest. The spread is supposed to be their business model. WRONG. They are chartered to lend 10x what they have on deposit. So bank sells loans for 1,000,000. Now they are receiving loan repayments mostly interest up from as most loans are structured. Say the depositers were making 10% on the savings. This would be about 10,000 per year on their 100,000. But Bank is getting say 12% on 1,000,000 over say 10, years or about 1,200,000. I am simplifying all the numbers and so forth here. So bank is taking in 120,000 per year! Remember that they only had 100,000 on deposit and were paying 10,000 in interest. In this crude example banks make 30,000 for the 10,000 on deposit.

But it doesn’t stop there. Bank then sells the loan to another “bank” for a discount. So rather than wait 10 years to get it’s 1,200,000 (really higher because of compound interest)… it sells the loan for 100,000 and pockets another 100,000 to a bundler who will be the recipient of the loan payments now. But he sells it to another bank for 50,000 over night and does nothing and puts the 50,000 away.

Now has another 100,000, the depositors 100,000 and the sale of the first loans so it has 200,000 on deposit. It then can lend out another 1,000,000 and so on and so on. Of course it also lies about it’s assets. Once it sells 1,000,000 of loans it shows these loans as an ASSET on it’s books. The bank is not holding a mere 100,000 of deposits, but 1,100,000 in negotiable “financial instruments” or paper.

All the while John Q borrower is forking over his hard earned income to the bank to pay for his loan and make the bankers rich. Let’s not forget all the fee suckers who climb in to the to make theirs. Lawyers,real estate and mortgage brokers, insurers, title companies and so on – each one taking the REAL earned money from work from the borrower.

Up there in wall street they simply sell these bundled mortgages and other made up financial instruments which are supposedly backed by something tangible. In the case of the current crises – real estate. But to make this work real estate had to be appreciating in value, so they screamed” American Dream – American Dream” everyone has to own a house. Go out and get yours while they last or you will be living the American nightmare -a slacker with no property. So American obeyed and bought what they couldn’t afford. Buy now, pay later (plus interest).

The American Dream of home ownership is behind the banker’s scam called fractional lending. The only other way to lend to consumers is for consumer goods, auto loans and consumer spending. Enter the credit card! and the Credit Rating!. You gotta have them both to play in THEIR economy. So even if you don’t buy a home and indenture yourself to a 30 year term of wage slavery, they get you on increments of all the crap we buy to live. People even pay for the deli sandwiches is with credit cards… now as high as 30% interest. Drip drip drip, the money moves from the workers to the banks. Interst and fees – The MONEY LENDERS are here again.

Citizen RevBev:

Yes this is the point when race meets the lipstickled female canine from Alaska…2 weeks and all folks’ll remember is Obama’s white mother and grandparents. McCrazy woulda won this race with anyone else otehr than Palin.

Spot on Plunger!

Floyd Norris of NYT on WJ is doing a good job explaining the financial crisis.

Roberts is sure showing his true colors this morning. :-(

Biden was excellent.

I am blessed with a sister who’s world insists upon the existence of nefarious cabal stealthily behind everything, furthermore this cabal has been in existence for millennia. This cabal currently includes: new world orderers, catholic church, jews, Bush family, masons and assorted cryptic orders following a timeless plan. I have developed a resistance to suggestions of such cabals, yours is no different.

Congratulations on your prediction, will commend it at the next Ye Olde Prophets Association whenever it meets, invitations by prognostication only.

Please do not use my comments as invitation to copy your spiel, thanks.

McC now on MSNBC

WORD!

more from my 2006 observations:

Trillions of dollars changing hands, all under the complete control of the most powerful operator in the world, Alan Greenspan. Having brought the cost of borrowing down to zero and saddled American’s with historic levels of debt, the tightening has begun. Remember a couple years ago when Greenspan subtly implied that all Americans would do well to convert their mortgages to Adjustable Rates and that any new buyers should do the same? Why would Greenspan be compelled to encourage American’s to assume to most debt possible, in the most risky way? He works for the banksters…that’s why. Fannie Mae and Freddie Mac are insolvent. The Real Estate Bubble has burst. The derivatives tower is set to collapse. The atomic particle accelerator that seemingly hedged risk into outer space is about to come crashing back to earth.

Have you noticed lately how Andrea Mitchell (Greenspan’s wife) looks really uncomfortable in interviews since these revelations have started to peel back the layers of the onion where Israel’s role in all of this is concerned?

The United States is bankrupt for one very good reason. The money was stolen. Who stole it? Those who decided that greed and global domination and territory acquisition are more important than any other principal.

Ask David Rockefeller where the money went. Ask him who controls the media message.

imagine. insurance giant might not be able to pay its claims.

On the Today Show McCain came across as I can fix the economy at least he didn’t say like I did in Iraq. Biden used the line, why would you hire the doctor who committed malpractice to repair the damage that he did. No comparison. Morning Joe continued to drool on McCain. I did not see CNN.

Citizen plunger:

Great detailed description and anaysis but there is one word that might describe the whole thing: LARCENY!

I wanna know where the loses go…I know that paper profits and equity vanish with the light of day but mortgage down payments, closin costs and excellerated payments are real money…I wanna know how it gets ta Carlyle and Haliburton!

I missed McC on JoeScar but I did hear him defend the sex-ed for Kindergarteners ad. The suggestion that he isn’t part of the plan to lie his way into the White House is ridiculous. Just looking at who he’s hired tells us that he signed on for sliming his opponent.
Biden coming up.

Yesterday as employees left Lehman Brothers with their possessions in boxes and bags the spectacle drew a crowd of tourist. Would have been a great opportunity for some street theater with actors/activists handing out applications to Wal-Mart and McDonalds to the high powered bankers who are now unemployed.

If McCain can so easily and readily lie to you without blinking, how can you believe him when he tells you ANYTHING! You can’t. A man’s word is his bond. You just can’t trust McCain to be honest, nor his running mate Sarah Palin; they lie about their lying!

John McCain — “he walked the anti-regulatory party line, with only occasional exceptions…and tried to lay down a smokescreen of righteousness by campaigning against small potato[e!]s like legislative earmarks–money to study the mating habits of, uh, crabs, in, uh, Alaska (proposed by Governor Honorable).” Joe Klein

McCain on CNBS

Clearly, george m cohan, here, has made brought himself up by his bootstraps to make himself into the poor man’s michael medved.

After Katrina, I saw some sheriffs (longtime Dems. in LA) being interviewed on why they would vote for Jindal. Simply put: After the storm, we/they realized “intelligence matters.” That thought/interview came back to me awhile ago when I heard Ms Bimbo shouting out about reform in DC. Think of her solving our financial problems….

She also does not intend to cooperate with the investigation as she had said earlier. Surprise.

McCain’s solution to the global financial crisis:

“Maybe we oughta have a 9/11-type thing, investigation.”

Good call, John. We can give all of those responsible for the destruction of our Republic the Medal Of Freedom…just like 9/11!

Name the US government officials who were fired for their failures to prevent 9/11, John.

I’ll help you out…the entire list follows:
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NADA

The repubs seem to be pushing that meme that saying the economy is in trouble is the same as criticizing the American worker. It’s not working this time.

Waste of time on JoeScar. Inane questions. Biden tried to talk issues, but JoeScar is an idiot. And so is Mika. She just sits there using facial expressions as a reaction to Joe’s stupidity.

These guys get huge contracts from government or use wealth of high net worth crooks to do their bidness. It’s all fees and spread.

The only huge contracts are from governments for procurement, everything from weapon systems, to feeding troops, to warships, to bridges and dams airplanes. Who builds and provides these “things” at huge profits? Large corporations and holding companies such as Carlysle which create joint ventures and buy these companies.

When you own the company, you get the profits (or the losses … if you can’t stick it to someone else) while the workers make wages. When you make 1% of every transaction, every worker, in a huge company as “profit” this is an enormous amount for doing nothing. But they make much more.

They figure at least 2-3 times what they pay a worker when they “charge” off their time. That spread is overhead and lots of profit.

Good Morning again…a little pleasant news. It is 60 degrees here in Austin, TX: georgeous. We have had endless heat….

Fox and Friends dissing Biden for not coming on their show. Why don’t KO and Rachel use this gimmick. Invite McC or Palin on and then have one of those gimmicky clocks showing how many days since they were asked?

Great idea! Hope someone sends this to KO or Rachel.

Fundamentals are strong b/c fundamentals = “the ‘Merican worker.” McLiar laughs/poos-poos Harry’s pointed questions.

Then there’s this:

“Still, stealthily, under cover of the blinding noise over Lehman’s demise, the Fed has introduced a new book of tricks aimed at prolonging the model for a while longer, no matter that it’s obviously dead. And Bernanke, in order to achieve it, has resorted to illegal practices. He’s “drawn a line” all right, but not the one you think.

Banks can now get loans through the Fed’s newly enhanced “permanent emergency” credit windows, and pose as collateral equities (stocks) and even your deposits. Yes, you heard that right. That is the condition underlying Bank of America’s purchase of Merrill Lynch. BoA can -and will- use the money in your bank account to continue Merrill’s activities, the same ones that led to Lehman’s death: securitization, swaps and derivatives.

That is one frightening development. And so, for that matter, is accepting stocks for T-bills. What if those stocks plunge, as so many are doing lately? What if companies go bankrupt? In the end, through the Treasury, it’s once again the taxpayer who’s going to be presented with the bill.

You would think that the central banks and Treasuries in the world would see the light and the signs on the wall, and refrain from putting even more of the people’s money at risk. You need to think again.

Central banks today are pumping credit like mad into the markets. Like all similar actions in the past two years, it will not save anything, or make any difference other than that the system gets to roll on for a few more months. The system cannot be saved, but it can still suck more profits out of the public purse. If this is not perverse, I don’t know what is.

The exact fall-out from Lehman’s downfall won’t be known for quite a while; nobody really knows what assets they have, nor who are the counterparties to all the bets they have outstanding.

Besides the obvious big US candidates to fall within the next few days, and it looks very much like that is the new timeline we have to watch, such as AIG (down 50% today), WaMu and Wachovia, there are two other fields to keep an eye on.

Smaller US banks, many hundreds of them, are exposed to -potential- dangers that will start to take down victims at an accelerating rate. What I think may be even more susbstantial when it comes to impact, is the pressure on banks and other financial institutions outside the US. UK banks got hit badly today, and the same happened all over the European continent.

Wherever you are in the world, there are no safe banks anymore. When you hear a government spokesman or bank CEO talk about their banks and banking systems being “well capitalized”, don’t believe a word they say.

There are incredible amounts of losses yet to come, far more than we’ve seen so far, and they have all, to one extent or another, had their sticky fingers in the same cookie-jar.”

Bob Woodward’s up in a couple of minutes on WJ.

this should be interesting.

BT’s upstairs

are you here in austin? i thought you were in the midwest. yes, the weather here is incredible even if the financial climate is a disaster.

Got cash money? In your hand?

Git sum.

Yep..pretty central. Have a great day.

Unfortunately, it looks like it will come down to the 10% to 13% of “undecided” voters in the end. It’s always like trying to find a jury with no predispositions regarding a case like the O.J. Simpson case. It will depend on the voters who have the knowledge backround and curiosity of George W. Bush.

Bush is OPEC’s point man and now that we have been gutted alive they will move on, now that the working class doesn’t live here anymore or own anything other than the bill.

The money never existed. We’re manic-depressive so one day a stock is worth one hundred dollars, the next day five dollars. No money changes hands, it merely evaporates.

McFaust is well aware of the maxim “It’s easier to get forgiveness than permission.”