Nonsense in the MSM and Some Common Sense to Counteract It, June 9th 2010

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Wed, 06/09/2010 - 17:25 | 404454 P-K4
P-K4's picture

"Hey, here’s a novel idea. Let’s ban sovereign states from lying about financial condition and using swaps ...to manipulate your the perception of you liquidity and solvency!" Great research Reggie ! One correction, I gotta say this happens every morning - "We’ve got a particularly heavy dose of BS in the mainstream news channel this morning"

Thanks !

Wed, 06/09/2010 - 16:07 | 404234 downwiththebanks
downwiththebanks's picture

As compelling as this stuff is, I'm still unsure as to how it changes the fact that financial terrorists and unproductive parasites have used derivatives contracts to loot the world.

Wed, 06/09/2010 - 22:47 | 405114 moneymutt
moneymutt's picture

ah, the big picture...yes, there is that derviatives bubble thing and those parasites sucking the lifeblood out of us...always good to keep that in mind...I'm thinking we are the at the 1774 stage on that, hopefully the 1776 phase is only two years away, or maybe someone has already released us from financial slavery but we just haven't got the word, in that case we have Juneteenth to look forward to.....I'm rooting for global jubilee...

Wed, 06/09/2010 - 15:13 | 404025 Ned Zeppelin
Ned Zeppelin's picture

In a story loosely connected to the notion of the MSM spewing utter nonsense, why is CNBC obsessed very single hour of every single day with marijuana?

Wed, 06/09/2010 - 18:38 | 404651 Conrad Murray
Conrad Murray's picture

They're all about the green economy?  They're trying to snare a new generation into their bullshit machine?

Seriously though, there's a shitload of money to be made when pot gets legalized.  It can't hurt to be informed about an emerging market.

Wed, 06/09/2010 - 14:34 | 403876 moneymutt
moneymutt's picture

Thanks, Reggie, good stuff.

I'm guessing that if you could see thru this on limited outsider info, then many insiders knew these lying GSacs of s**t politician budgets were fake. Once again GSAcs gets handsomely paid to lie with formulas, to the deteriment of everybody but them.

By the way, have you looked at Australia's banks lately, saw something saying that while our big banks had 25 percent into resident mortgages, two big banks in Australia have about 50 percent in res mortgages and the banks are too big for Aus govt to save...and if there were ever a res bubble about to burst...

Wed, 06/09/2010 - 15:19 | 404050 Reggie Middleton
Reggie Middleton's picture

I actually have an investment prospect analysis for the most exposed Aussie and New Zealand banks ready to post, unfortunately since much of it is very actionable most of it is for site members but I will share some inreresting info within 24 hours.

Wed, 06/09/2010 - 22:40 | 405101 moneymutt
moneymutt's picture

thanks Reggie, no need to give things out for free, just curious, I can certainly wait for when your predictions are already proving ture and of course you already have it all dissected....

Wed, 06/09/2010 - 14:24 | 403841 Apply Force
Apply Force's picture

Manning = National hero.  The more "We the People" know, the easier it is to vote No Confidence.

Wed, 06/09/2010 - 14:33 | 403875 RockyRacoon
RockyRacoon's picture

Lots of folks say that a world war is the "way out" of the economic morass.  In the New Age an equivalent false flag could be the dissemination of information like this.   Who says the whole thing is not a set-up?  Just thinking out loud here.

Wed, 06/09/2010 - 14:03 | 403767 The Rogue Trader
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Thanks as always Reggie

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