Comments on: The Wrath Of Jon http://firedoglake.com/2009/03/13/the-wrath-of-jon/ Firedoglake weblog Fri, 17 Feb 2012 08:02:52 -0600 hourly 1 http://wordpress.org/?v=3.1.2 By: acaiberry http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1856256 acaiberry Sat, 14 Mar 2009 20:36:28 +0000 http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1856256 <p>It is amazing how pathetic and incompetent the financial news media is. CNBC and others are nothing more than cheerleaders for the bullish point of view on the market. And now we see that the best financial news commentary has come not from the financial media but from a comedian on his comedy show. Obviously Jon Stewart is much more than a comedian and clearly is much smarter and better informed than the talking heads on CNBC. In all the years that the banks and brokerage firms were loading up on credit default swaps and other highly leveraged derivatives…where the heck were the warnings that this financial house of cards could come crumbling down and could bring the financial system of the entire Western world with it. Interestingly, the TV show 60 Minutes did just such a piece in 1995. That’s right….way back in 1995 they put such a warning. Too bad the none of the regulators and none of the politicians bothered to take notice. And as they discuss the economic crsis there is still little discussion of what the real problem is…which is toxic assets i.e.credit default swaps gone bad! Thank you Jon Stewart! Great job.</p> It is amazing how pathetic and incompetent the financial news media is. CNBC and others are nothing more than cheerleaders for the bullish point of view on the market. And now we see that the best financial news commentary has come not from the financial media but from a comedian on his comedy show. Obviously Jon Stewart is much more than a comedian and clearly is much smarter and better informed than the talking heads on CNBC. In all the years that the banks and brokerage firms were loading up on credit default swaps and other highly leveraged derivatives…where the heck were the warnings that this financial house of cards could come crumbling down and could bring the financial system of the entire Western world with it. Interestingly, the TV show 60 Minutes did just such a piece in 1995. That’s right….way back in 1995 they put such a warning. Too bad the none of the regulators and none of the politicians bothered to take notice. And as they discuss the economic crsis there is still little discussion of what the real problem is…which is toxic assets i.e.credit default swaps gone bad! Thank you Jon Stewart! Great job.

]]> By: dude http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1856245 dude Sat, 14 Mar 2009 20:04:13 +0000 http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1856245 <p>How much naked short selling went on just prior to 9-11 and which companies reflected it?</p> How much naked short selling went on just prior to 9-11 and which companies reflected it?

]]> By: newtonusr http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1856022 newtonusr Sat, 14 Mar 2009 05:25:27 +0000 http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1856022 <p>That’s probably correct. It was only in the last 8 years that they were dead certain that absolutely nobody was watching, that they could let the horses really run free.</p> That’s probably correct. It was only in the last 8 years that they were dead certain that absolutely nobody was watching, that they could let the horses really run free.

]]> By: Larue http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1856021 Larue Sat, 14 Mar 2009 05:24:24 +0000 http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1856021 <p>I’m sorry, that part ‘as long as we get it back’?</p> <p>(cackles maniaclly over spilt cheap merlot)</p> <p>I want what yer smoking . . . ;-)</p> I’m sorry, that part ‘as long as we get it back’?

(cackles maniaclly over spilt cheap merlot)

I want what yer smoking . . . ;-)

]]> By: Larue http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1856019 Larue Sat, 14 Mar 2009 05:22:31 +0000 http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1856019 <p>I’m not sure ’serving a greater evil’ adequately describes the circumstances by which an incredible group of traders, analysts, organizations, media and more colluded over a few decades to manipulate stocks for profit, and broke the backs of the savings and retirements of the sheeple . . . . not to mention enabling all the things they did and the subsequent world wide depression we are in . . . </p> <p>If you can’t call that a conspiracy, then I’m not sure what one would be. </p> <p>I mean, hundreds upon hundreds of people, from banking, finance, media and our elected officials participated in all of this . . . deregulation? Hello? Ronnie Reagan? </p> <p>Money upwards, middle class destroyed, income and savings eradicated, jobs lost, homes taken, farms abosorbed, small business eliminated, outsourcing, consolidation, on and on and on?</p> <p>Not a conspiracy? </p> <p>Then what? Folly? </p> <p>On who’s part? </p> <p>Nah . . . there’s a plan, it’s being implemented. With rigour, too. </p> <p>Money, wealth, power, control, resources and distribution of same all goes upward into fewer and fewer hands.</p> <p>And out of ours. I’m sure you’ve noticed that, over the past 30 years or so?</p> <p>*G*</p> I’m not sure ’serving a greater evil’ adequately describes the circumstances by which an incredible group of traders, analysts, organizations, media and more colluded over a few decades to manipulate stocks for profit, and broke the backs of the savings and retirements of the sheeple . . . . not to mention enabling all the things they did and the subsequent world wide depression we are in . . .

If you can’t call that a conspiracy, then I’m not sure what one would be.

I mean, hundreds upon hundreds of people, from banking, finance, media and our elected officials participated in all of this . . . deregulation? Hello? Ronnie Reagan?

Money upwards, middle class destroyed, income and savings eradicated, jobs lost, homes taken, farms abosorbed, small business eliminated, outsourcing, consolidation, on and on and on?

Not a conspiracy?

Then what? Folly?

On who’s part?

Nah . . . there’s a plan, it’s being implemented. With rigour, too.

Money, wealth, power, control, resources and distribution of same all goes upward into fewer and fewer hands.

And out of ours. I’m sure you’ve noticed that, over the past 30 years or so?

*G*

]]> By: newtonusr http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1855974 newtonusr Sat, 14 Mar 2009 04:34:43 +0000 http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1855974 <p>Seriously - I’m content that they were in it for personal gain, not serving a greater evil… As long as we get it back from them.<br /> Once returned, we will see what is what.</p> Seriously – I’m content that they were in it for personal gain, not serving a greater evil… As long as we get it back from them.
Once returned, we will see what is what.

]]> By: Larue http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1855972 Larue Sat, 14 Mar 2009 04:30:38 +0000 http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1855972 <p>*G*</p> <p>Subtle. </p> <p>You are. </p> <p>*G*</p> *G*

Subtle.

You are.

*G*

]]> By: Larue http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1855971 Larue Sat, 14 Mar 2009 04:29:24 +0000 http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1855971 <p>If you read Deep Capture, you know the SEC is in on the scam.</p> <p>And you know the DTCC, the watchdog for stock sales, is gamed, too.</p> <p>Phantom stocks, naked short selling, rigged Cable and MSM TV pundits, echoing what the Cramer’s of the financial fantasy of CNBC put forth to game it all . . . </p> <p>And all sanctioned by the Powers That Be in the banking, financial and governmental world.</p> <p>Our elected officials tied to it all.</p> <p><a href="http://www.deepcapture.com/the-story-of-deep-capture-by-mark-mitchell/" rel="nofollow">http://www.deepcapture.com/the.....-mitchell/</a></p> <p>Life is simple, don’t screw it up.</p> If you read Deep Capture, you know the SEC is in on the scam.

And you know the DTCC, the watchdog for stock sales, is gamed, too.

Phantom stocks, naked short selling, rigged Cable and MSM TV pundits, echoing what the Cramer’s of the financial fantasy of CNBC put forth to game it all . . .

And all sanctioned by the Powers That Be in the banking, financial and governmental world.

Our elected officials tied to it all.

http://www.deepcapture.com/the…..-mitchell/

Life is simple, don’t screw it up.

]]> By: newtonusr http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1855970 newtonusr Sat, 14 Mar 2009 04:29:16 +0000 http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1855970 <p>I don’t know how much they are in on it - I’ll leave that to folks who read a lot more than me.<br /> But needless to say, if there <strong><em>were</em></strong> an SEC…</p> I don’t know how much they are in on it – I’ll leave that to folks who read a lot more than me.
But needless to say, if there were an SEC…

]]> By: Larue http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1855969 Larue Sat, 14 Mar 2009 04:26:29 +0000 http://firedoglake.com/2009/03/13/the-wrath-of-jon/#comment-1855969 <p>Çramer, and others. All named. Fiction or not, they and their games are named. </p> <p>Guilty, as admitted on TV now . . . and still . . . </p> <p>What’s not to believe? They rigged the system.</p> <p>And SEC and FED are all in on it . . . </p> <p><a href="http://www.deepcapture.com/the-story-of-deep-capture-by-mark-mitchell/" rel="nofollow">http://www.deepcapture.com/the.....-mitchell/</a></p> <p>No one even alludes to this . . . why? Even allusions have merit . . .</p> <p>Hell, I STILL believe in The Easter Bunny . . .*G*</p> Çramer, and others. All named. Fiction or not, they and their games are named.

Guilty, as admitted on TV now . . . and still . . .

What’s not to believe? They rigged the system.

And SEC and FED are all in on it . . .

http://www.deepcapture.com/the…..-mitchell/

No one even alludes to this . . . why? Even allusions have merit . . .

Hell, I STILL believe in The Easter Bunny . . .*G*

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