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Thursday, May 9, 2013

Will we never learn???

Does anyone remember how profits and cost reports during the 80's and 90's were always reporting in the millions of dollars and now today everything is in the billions. All this cheap money floating out there from the Fed, nearly zero corporate investment. We are heading for another cliff. Derivatives are still legal by the way, did you know that. A CDO (Collateralized Debt Obligation) is a complex financial security used to speculate on or manage the risk that an obligation will not be paid (i.e., credit risk). It is a derivative, meaning its value is derived from events related to a defined set of reference securities that may or may not be owned by the parties involved.*  When the guy's who run these businesses actually put the fear of God into our politicians how is anything supposed to get done? These GREEDY fucks nearly bankrupt the planet and they keep their job or take a golden parachute. Do you realize the real reason we need a massive military? It's because if any country on Earth would have butt fu%$@d us like we did to the rest of the planet we'd kick their ass. We better wake up, the Chinese are getting stronger every day.
AMF...