THOUGHT FOR THE DAY!

"A man's work is nothing but this slow trek to rediscover, through the detours of art, those two or three great and simple images in whose presence his heart first opened.-- Albert Camus

 

UNSPOKEN CAUSE OF MARKET COLLAPSE IS DERIVATIVE TRADING

It is time to break the deadly silence on derivatives ~ the true, hyper inflationary factor in the current crisis situation is the unregulated, insanely leveraged derivatives trade. This is what is bringing down the stock market . This is the great crime of Alan Greenspan and there are many co-conspirators

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Posted on Oct 13, 2008 at 10:18
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Ivy League Elitists

Easterling

You can be sure that the Ivy League Elitists who have been steering the ship of state, heh! for the last 30 years or so are NOT losing any money these days and are actually benefiting from the common peoples financial misery:

Barack Obama (Harvard)
Bill Clinton (Yale)
Hillary Clinton (Yale)
Henry Paulson (Harvard)
George Bush (Yale)
George W. Bush (Yale-Harvard)
Al Gore (Harvard)
Ben Bernanke (Harvard)

the list goes on but why bother? Most Think Tanks which are in actuality 'Steerring Committees' hired to arrive at predetermined intellectual destinations are heavily populated by Ivy League Elitists who by dint of the exclusive educations and the ability to network with other like minded elitists know what is best for the Nation.

Of course one of the short-comings of elitist thought is that narrow ideological boundaries serve as blinders rendering the elite incapable of recognizing the serial failure and devastation that they wreak upon civilization and the misery they shower upon the poor and uneducated.

LIVE FREE OR DIE

10/13/2008 - 11:50

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