This page has been archived and commenting is disabled.
How We Got Here - The 2008 Financial Crisis For Dummies
»
- 103204 reads
- Printer-friendly version
- Send to friend
- advertisements -
Contact Information:
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Suggested Reading:
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
It would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure. Here's our Cookie Policy.
Bullish!!!!
God says:
Cartoons and Ayatollah Tweets. Can the real ZH please come back?
you're supposed to be resting, you capricious cunt.
Loving God and your neighbors; and doing to others as yourself is capricious?
Can't wait for the sequel when the tower's shadow covers the whole earth! Maybe call it "Finance Fairy Tales, PT 2: The World's Biggest Prick"
Was that a typo? Shouldn't it be cnbc-comics.com?
This just in: Deutche bank reckons gold to $750
http://www.smh.com.au/business/markets/deutsche-bank-says-golds-fair-val...
shows their desperation to keep their loans collateral at full value
thats what god does on his day of rest, he reads ZH
That comic strip was raycist. Where was the diversity?
Well, it was a rather large tower.
"Lets PEE from the tower and call it "Trickle Down Economics"!"
The tower looked rather dark or black. Is that good enough?
"...And lo', on his day of rest, thy Lord God readeth the 'hedge thereby gaining knowledge of the money changers' evil acts."
"And lo', behold those wise servants that work for food. They are the apple of mine eyes".
God says:
I've been too busy keeping my eye on your handy work.
http://www.rt.com/usa/310781-satanic-temple-detroit-unveiled/
Nice touch in between the eyes. You're on the wrong path in life. Change your ways now.
"protesters say 'Satan has no place' in Detroit "
Has a more absurd allegation ever been tendered by mortal man?
Anyhoo, I view Satan as most people view the new KFC spokesman:
irritating, nearly omnipresent, but ultimately - a fiction created by some marketing wiz looking for money.
Satan's real. Her name is Yellen. Her place of employment is Hell.
No, satan's name is Hitlery.
i knew a woman named 'Hitlery Yellen' once. She caused me to inflate, and then bitched at me because i was inflated all the time. Said i wasn't 'sensitive enough' as she constantly worked my cock with her hands, mouth, and 'other orifices' between her legs. She got off CONSTANTLY, but always stopped just when I was just about to. She wore these kinky AshkeNazi uniforms as well (she said it 'turned her on').
i am not a masochist, though. I had to LEAVE her attractive but sadistic ass (FINALLY, thank GOD).
Imagine Janet Yellen, naked and horny. NOW, imagine that commiesymplant Hillary, all fat and naked and cellulite-infested; laying in bed awaiting her LOVER.
NO, DON'T!
I don't want you to throw up when I discuss the way she/he/Yid pleasures Hillary Rodham.
Dearest (insert name here):
Are you looking for REAL exitement? Do you CRAVE noteriety (even above the newest KFC spokesperson)? Would going to new, exiting lands and meeting interesting people (and murdering them) be your 'cup of tea'?
DON'T WORRY. All your fantasies COULD become REALITY!
Here at HORUS (dot com), we are constantly looking for duplicitous deniers of the 'spirits', 'principalities', and 'powers'; who have grasped that the 'world' is a constantly-changing (but easily and scientifically explainable) set of physical constants which are easily proven by the 'evolution' theory (and Boolean Algebra). YES, your parentage might be 'primordial slime', but YOU can RISE ABOVE (perhaps even becoming a multicellular amoeba; rising UP and taking CONTROL of ALL you survey!).
OF COURSE, there's NO OBLIGATION if you decide to join with me (since; according to yourself, you have NO SOUL to be bought); but a brief reading of the contractural obligations that you might decide to go with is required (just in case you decide to take me up on the offer of unlimited wealth and avarice that awaits those who side with me).
YOU KNOW where to find me.
Baphonet
(P.S., Pleased to meet you. Don't you know my NAME? In case you don't, here's some people who SURELY do!)
https://www.youtube.com/watch?v=vBecM3CQVD8
And Satan, yet. My soul is ashudder with the mere naming--aloud--of The Evil One.
What's in a name?
Or not sweet, as the case may be with the Bible Superstar known as "God."
Red team/Blue team, Good cop/Bad cop distraction while what's real gets stolen from the victims who will then take the blame.
>>...while what's real gets stolen from the victims who will then be assigned the blame.
FIFY...
Satan is an allegory for the basal survival-self-interest psychology the resides in each human.
The combined autonomous action of reptilian brain and mammalian brain are very old, very sophisticated, and very entrenched. The recent human itellective brain, not so much, and not so well integrated with the the rest of the psychological entity.
Amen preacher!!
God is 5 years 28 weeks old.
And nobody gives a shit about that stupid statue.
Welcome to fight club young man! downvoted you!
It never stopped happening.
Hold on for a moment.
Alternate ending:
And as soon as all the people were gathered inside the tower, the wind doubled in intensity.
The tower then collapsed killing all who were inside...
The end.
'tis a game, and all the world's simply up for grabs now, William.
A CLASSIC!
'Helicopter Ben', or 'B-52 Ben'? Either way, he played the part of 'Bankster' in the current edition of the Parker Brothers board game.
(Benjamin) Shalom (Bernanke), my brother from another mother!
monopoly, as a game, is already a very old form of criticism of the same things that still ail the "capitalistic world". you just have to look at the "get out of prison" card, for example
Looks like the guard tower for the American genocide that is coming...
As they ever so slowly turn up the heat on the frog in the pot...
>>>> frog(s) <<<<<
Easy answer, remove support from the far side and let it crash away from the village. The problem is the dude at the top has friends in the village council and gets them to convince the unwashed masses that the tower is too big to fail.
I'm told that towers always collapse in their own foootprint when they fall.
So sayeth the 9/11 commision anyway.
"Fire doesn't melt stone!"
Unless it's fed by corium.
Hard to tell sarcasm without context...
I may have to toss a view virgins into some of that liquid stone. Can you give me directions to the nearest active volcano?
Why would you want to waste a few virgins? How about Ophra & Hillary?
Throw those hags in and Pele will smite you.
Pele ditched Xuxa when she was still HOTT! ,, why would he care about those american cows.
A comfortable idea to people working in glass and steel buildings, I'm sure.
I see your point. Kinda wierd how all the Math and physics PhDs who created the derivates market are willing to work in glass and steel buildings after 9/11.
Yeah I know, an office fire might cause the building to collapse into it's own footprint, pyroclastic cloud and all.
http://mybigfatanti-zionistlife.blogspot.com/2009/10/suters-back-in-town...
'I HAVE IN MY HANDS A LIST'
New documentary evidence points to an Israeli connection to 9/11
http://www.antiwar.com/justin/j072602.html
"
...
...
Just how far does Israeli malevolence go?
One of the great unsolved mysteries of the period leading up to 9/11 is the extent of an Israeli spy operation in the US uncovered by Carl Cameron of Fox News and widely reported, including in this space. As we all know, everybody spies on everybody, "friends" and foes alike. But this operation is believed to have been so extensive, and wide-ranging, that the real question in regard to Israeli foreknowledge of 9/11 is, as one US federal agent put it to Cameron, "How could they not have known?" Now, however, more evidence of the Israeli connection is emerging….
Both Israeli and US government officials scoffed at these charges as an "urban myth." Their denials, however, were somewhat undermined by the leaking of the US government's own report on "suspicious activities" by Israelis around US government offices and military installations. The report, culled from information supplied by numerous federal agencies, documents what is obviously a large-scale intelligence operation directed against US government facilities. Now more documentary evidence of the Israeli connection to 9/11 comes with the emergence of the US government's own list of terrorist suspects, two versions of which Cryptome.com has obtained and posted, with the following information as to their provenance:
"A Finnish list of FBI terrorist suspects, dated 3 October 2001, first published about six months ago, may be compared to a similar list published on an Italian site, dated 22 May 2002. The two lists have many of the same names but a fair number of names are unique to each, and the Finnish list provides a 'function' and ID for each suspect."
There are also other differences. The Italian site indicates that this is an official government circular originating with the American authorities and distributed to various Italian financial institutions in an effort to trace the terrorist trail. As far as I can see, all the names on the Finnish list are Arabic. The Italian version, however, has a number of American names as well, one Frenchman, and – lo and behold! – there is our old friend Dominik Suter, listed right between Eyad Suleiman, a native of Kuwait, and Sheikh Amed Salim Swedan, a Kenyan.
Suter, you'll remember, is the fellow behind the mysterious Urban Moving Systems, whose employees were arrested after neighbors reported them laughing and cheering as they watched the World Trade Center burn. These five "Middle Eastern-looking men," as described by witnesses, were Israelis: they were found with box cutters in their van, $4,000 in cash, and multiple passports. Police interrogated them for hours, and transferred them to a maximum security facility, where they were held for months.
Their van was registered as the property of Urban Moving Systems: A raid on the Urban Moving Systems warehouse yielded computers, documents, and other evidence – of what, we don't know. Suter, the owner of the company, refused all comment, and soon fled the country – to Israel.
The inclusion of Suter, an Israeli, and the front man for what even the Forward acknowledges was a Mossad operation, on an official list of terrorist suspects should silence, for good, those who dismiss the Israeli connection to 9/11 as a "myth," urban or otherwise. As a great patriot once said:
"I have in my hands a list…."
On that list, along with Mohammed Atta, and Zacarias Moussaoui, is not only Suter, but also five other Americans – or, at least, non-Arabs with US addresses. What's up with that?
Only God, and the higher echelons of the US government, know for sure. What we do know is this: it is no longer possible to deny that the US government believes Israel had some connection to the events leading up to 9/11. The documentary evidence, along with the reported testimony of patriots within law enforcement, is accumulating to the point where it can no longer be ignored.
Just how far does Israeli malevolence go? I'm afraid we're about to find out…."
and I don't think the villagers had a say in propping up the tower
At gunpoint by press.
RIPS
3 times in one day, no less.
http://youtu.be/yfSCKj3gG2A
Somebody quick fly a 747 into that tower.
It will bring it straight down into it's footprint saving the village.
No wonder Hillary keeps saying "It takes a village". She and the bankers are on the top 1% of the floors.
She just wishes she had a penis that big.
Hell, she probably wishes she had a penis.
Ha ha, sHitlery has penis envy.
There's no limit to the size of strapon she can wear.
Ooooooh now I get it!
I keep trying to convince everyone around me it's going to hurt the assholes on the 101st floor much worse than us on the 33rd floor. But they are so afraid of falling to the maybe 25th floor, they don't do anything about it.
Tower?
I thought is was a pyramid....and we know they CAN'T fall down.
Its an inverted pyramid.
Exter, and the point remains roughly the same...
I thought the cartoon was going to show Hilary in the tower letting down her beautiful long hair for the peasants to climb up with.
Yes, its doubtful that shes a shaver. Now, I will go stare directly at the global warmer (sun) and punish myself for that thought.
One black one, one white one, and one with a bit of shite on,
and the hairs from her dicky dido hung down to the ground....
I think this cartoon has upset some religious people worshipping the Fed.
The people didn't gather parts of their houses to save the tower ... parts of their houses were confiscated by politicians under threat of violence to save the tower over the objections of people.
Didn't the quote go, "There will be tanks in the streets" ?
Stupidest most ignorant thing ever posted on ZH.
A stupid cartoon allegory blaming the people for the plunder and tyranny being waged against them?!
Wow?!
Liberty is a demand. Tyranny is submission..
God says:
The space monkey's are starting to wake up.
Careful there, kchrisc.
You might be accused of having no sense of humor and then be downvoted into oblivion.
Maybe ZH should make ALL of their articles into cute, ridiculous little political cartoons?
cute, ridiculous little political cartoons?
such as those by renowned half-wit Mikey Ramirez?
https://en.wikipedia.org/wiki/Michael_Ramirez
He used to be more interesting, but then he learned the first rule of political cartooning:
Though Shalt Not Criticize Jews {even for things others are routinely criticized for, even while **simultaneously** criticizing Arabs for the lack of mideast peace... sigh.}
http://www.snopes.com/inboxer/outrage/hate.asp
He's been a good little dimwit ever since.
Why?
He wouldn't be able to understand those either.
Well, the people let it happen, then applaud it. They take our money, then we give them accolades when they "bring home the bacon". The people are as much a part of the problem as the perps.
I am going to lower my I.Q. about 50 points and recap this well done visual work Tyler presented at the level of a University of Chicago magna cum laude duel Economics PhD and Tax LLM would do it.
1910: Inbred European satanic elite (the wizard in this picture) wants the people USA to fight in European wars and colonization efforts. They Say no.
1911: They flatter american industrialists with faux peerage titles. JP Morgan, Rockefellers, etc.
1913: Combined they buy the political machine, congress and Woodrow Wilson for the presidency. They implement The federal reserve, the IRS, and get the USA involved in WWI.
1929: To keep the people from waking up, they bait them into the stock market then crash it. Get another monarchy sycophant: FDR to build the trust in the american slaves again through a long drawn out "recovery"
1941: Time to go to war for the elites again. FDR is our beloved leader.
1945-2001: USA is superpower to the world. (retarded bully enforcer) Develop a tax code that is academically based on a war provisioning paradigm. Even in peace time. Make people run their personal lives like they are fighting wars. Instead of saving, investing, spending based on free market and free will principles. Corporatism fits really well here.
2001: Rumsfeld looses a couple trillion dollars. 9/11 time to go to war. Massive wealth transfer to people in the Military industrial complex.
2008: Collapse it again like 1929. Hank Paulson threatens the slaves that if they don't let the IRS take money from you by gunpoint to bailout banks who have printing presses, he'll get the MIC to roll tanks on the streets.
2009: Obama nominates Timmah Giehnther to the treasury. He can not operate turbo tax properly, but Obama is on record saying he is the only person alive who can get us through the crisis. Senate confirms.
2010-now: Further politicization of the already weaponized tax code. Lois Learner. Obama interrupts national broadcast T.V. to declare he forced Stephen Miller to resign. Does not mention he actually just retired (with full pensions) two weeks earlier than he had already planned and put in months ago.
The Future: War time tax code still needed to fight the 30,000 ISIS insurgents for the next 50 years. Also if you use carbon we need to punish you for that, but the money will go to the non wartime parts of the government. Existing tax code pays for the MIC.
2016: Hillary Clinton and her tax free 501c3 foundation (90% overhead, 10% pass through) takes the reigns of government. The leader of the free world. All of whom are still laughing at how stupid Americans are.
+1 but I think the Rummy losing Trillions thing, popular in alt/conspiracy circles, isn't actually true.
If you go back and look at the game tape, he was saying they couldn't track it, account for it well - it wasn't actually "lost" as much as I'd love to blame Rabbi Zakheim... perhaps a few billion went missing, but, many hundreds of billions did not disappear.
Also - there were real injuries at the boston marathon as attested by many dozens of cps, nurses and doctors as well as former combat medics...
I dunno about sandy hook. I tend to think you cant fake an open school or lots of dead kids, but some of the people interviewed and some stuff on youtube showing people walking around aimlessly... there was some fuckery afoot, me thinks.
Who knows.
Good points, so still in character (self lowered I.Q.) Let me weasel word the trillions rummy lost in the context of the national debt owed by future American generations to someone who is not an american. Re-enforced by the senate hearing where bernake said he had no idea which european banks recieved the hundreds of billions sent over seas during the 2008 crisis.
touché, sophos-moros.
About the "lost" money - what he means by "couldn't track it" is that they didn't track it because whatever they did with it was illegal.
you're a useful idiot, a dupe for dumbocrats...we could've fully funded a dozen wars the size and scope of iraq with what our government and fed have added to the debt / inflation stimulus during the last six years. the fininacial crisis of 2008 was caused by government, no one in their right mind would've made those government mandated loans without assurances of government bailouts / protections.
Based on this I'd give you 80. You have to lose another 30 points to match the msm target.
Children. Thats their target. healthy children.
That is what they target. I was trying to match the I.Q. of a magna cum laude Univisersity of Chicago Dual Econ PhD and Tax LLM who gets to hang out with hank paulson in that exact same tower. 75ish.
I can't remember where I picked this up after the Financial Crisis, but it seems very little has changed.
It's a PowerPoint file, and you can view it in Google Drive, or if you want, you can download it. Just tap the spacebar to cycle through the pages after you download it.
https://drive.google.com/file/d/0B51-74tGswAXZWtaTWlDZWVOMXc/view?usp=sh...
Hey bankers, i hope you get aids and then drive that twizzler steering wheel rolls off a bridge like the maitlands from bettle juice, whichever is first.
https://www.youtube.com/watch?v=Q95GoGGpePw
Most of you i wouldnt allow to make my coffee
I am feeling a lot of excitement here. After so many let downs, will the ZH crowd finally get the big fucking financial explosion that everyone is waiting for?
Towers and trains.
Socialists just love those phallic symbols.
Could it be envy?
....as they laughed at the village idiot for moving into the mountains.
Then lo the tower dwellers decreed that all the townspeople must by Tower Tipping Insurance Policies (TTIPs)
For their own good of course.
“Government is not the solution to our problem; government is the problem.”--Ronald Reagan
.....and he signed numerous bills every year making it bigger and bigger.
rescind duplicate
You guys are obsessed with gold and 2008. Meanwhile, life moved on.
I guess you are just focused on one index up on the deck Because otherwise you might have seen that thie ship just hit some icebergs.
I'm focused on not being a coward living a life of fear. I'm prepared. Now it's time to live. You dorks are curled in the fetal position waiting for disaster for almost a decade now. Cowards.
I only spend about 5% of my day contemplating collapsing markets, anarchy and chaos, and a painful death. The rest of the time I am quite happy.
Okay good, but you should probably try to get it lower than 5%. At this point ZH is comedy.
Life is full of comparisons and contrasts. While you may be right about the ridiculous nature of those inhabiting this asylum, ZH is far more serious and enlighting than almost all of the crap that is being funneled into our homes.
I haven't had a TV since 2010, so I wouldn't know, but I bet it's better than what's on mainstream media (that's probably why I check it out ever few days). I'd rather be doing things than listening to anyone's opinion, though, since I'm going to be dead in 35 years, best case scenario. Do I want to work on something productive or read some bunker dweller with a gold bar up his ass freaking out about the Rothchilds? Almost always the former unless I want a laugh.
That's the noise. It isn't hard to use personal squelch and filtering. Sounds like you are letting the bullcrap get to you. It is easy to recognize the nutcases and racist assholes here. Accept that 90% of the nonsense here must be filtered. For me, it is worth the effort
Here is the damn truth
http://www.showrealhist.com/RD_RJShomes_PSav.html
GREED!
I wonder if the Delicate "pole smoker" Gets funded by some NGO, NSA knock off?
That the tower of babble ?
Because voting matters...
http://www.breitbart.com/big-government/2015/07/26/senate-gop-resurrects...
On Sunday, the Senate voted to attach a revival of the Export-Import Bank to the “must pass” highway funding bill. The move was the fulfillment of a promise Senate Majority LeaderSen. Mitch McConnell
made to Democrats for their support of Obama’s trade policy.
The vote to resurrect the federal lending agency was 67-26, with two dozen Senate Republicans joining Democrats to preserve the federal program.
Let me guess, the people who lived in the tower were members of the tribe right?
In 1190 in York, England, all the Jews fled to a tower in the center of town and locked themselves in. The local townspeople surrounded it and set it on fire. In America, there is a town known as New York.
Of course, only the Babylonian/Khazarian/Chosenites are allowed to live and work in the tower.
You left out the worst part. The villagers borrowed the money to build up the tower from the people in the tower who printed the money. Now they have to pay back the loans too.
And the name of the tower was Babylon the Great! It's only a matter of time, and Babylon the Great will fall! Again!
In reality, the tower is the federal government, not a housing bubble. The housing bubble popped mainly because of the excess spending beginning in 2003, right through to 2008, when gas prices had doubled as a consequence of inflation to cover that spending.
print MOAR money!
they printed too much which has caused over production from cheap money re oil. They have to tighten to bring down production levels.. ie the tightening will be inflationary..
Breitbart
Justice
Revenge
Obama Tower
Trump Tower
Crash
Bankruptcy
Austerity Tower
-----
Time for austerity bonds to be floated worldwide
Don't forget, the bastard in the tower outsourced the brick plant first.
THEN he had the gall to expect others sacrifice and bail his ass out.
m
Where is Little Red Riding Hood's false grandmother?
They shouldn't build phallic symbols so tall.
thats what happens when you have silicon tits; its hand and glove, xtra large.
https://youtu.be/-BwfmPFRn_M
This time, it's the government.
It is guaranteed to happen again because NO ONE went to jail the first time.
In fact they all got filthy rich because of the systemic failure they caused.