7 C's

[w¡n9Nµ7 §£@¥€r 123]

My biggest warning to everyone has been the destruction of fiduciary money – pension funds, endowments, trusts, charities, etc. The boys on Wall Street have raped these funds and filled them with junk. Junk in the form of bogus joint ventures, overpriced assets and derivatives that generated huge commissions. As this unfolds, we will enter something akin to anarchy. In fact, we are at the precipice of anarchy right now. Our politicians have joined the Economic Royalists in providing them with the means to rob us blind and leave the world in financial collapse. Moreover, since we are allowing them to keep the money, the same criminals will be the ones to profit from the global financial collapse.

...

We are seeing a meltdown on a global scale. There are seven “C” words that deserve attention.

1 – Catastrophe – Obama uses this word on a regular basis to describe what is going to happen if we don’t keep throwing more money at the problem. Little does he realize the word is reality.

2 – Confidence – Obama had the confidence of the US and the world. In Europe he had a 77% - 90% approval rating last month. That has dropped, but we have not seen a new poll. In the US, just talk to your neighbors and you will see that very few people have confidence in Obama. In fact, he loses more of our confidence every time he talks . . . and that’s a lot. His daily ObamaRamaLamas on TV have become painful. Newsweek ran a cover – The Confidence Game – How Obama Can TALK Us Out of a Depression.

I have news for you, you can’t talk your way out of this. This is not Hollywood where they can write the ending. Obama has great speech writers and he is smooth on his feet, but he lack any substance. And I will repeat . . . he has surrounded himself with huge egos that don’t play well with others . . . and they are running around the White House with scissors.

3 – Consequences – This is the key word to solving the global financial crisis. Go after the crooks like Hank Paulson that stole billions. Make them pay the consequences. I suggest we line up Paulson, Thain, Mozilla, Lewis, Sandler, Dodd, Frank and a few others. We ask them to return the money and to create laws that will be enforced. If they so no, we shoot one. I can guarantee the rest of them will run to return what these guys stole, and Dodd and Frank will ####### in their pants. That’s another favorite “C” word. I know this sounds off the wall and harsh, but what thousands of men like this did is to destroy the lives of millions of people. Obama likes to compare himself to Lincoln. Well, Lincoln called men like this traitors. We shot traitors in Lincoln’s day.

4 – Crapola – This one has double significance. First, the only thing we are hearing from the talking heads on TV and the baboons in charge in Washington is . . . crapola. Second, that is what we are going to be eating while guys like Paulson will be dining on the other “Cs” . . . caviar, cake, croissants, crawfish, cheese and cognac.

5 – Collusion: secret agreement or cooperation especially for an illegal or deceitful purpose. That, my friends, sums up what we have just witnessed over the past 10 years between guys like Chris Dodd, Barney Frank, Chris Cox, Angelo Mozilla, ####### Cheney, Robert Rubin, Hank Paulson and hundreds of others. I did not include George Bush, because he was simply so out of touch with reality, that he had no clue what was going on, and he left it all to Cheney and his Buddies.

6 – Crime – With what I see and hear, I believe we will see unbelievable spikes in crime throughout the world. For the US and beyond, as the weather warms into Spring and Summer, the masses will not sit back and do nothing. To the contrary, as we are seeing in warmer climates like Madagascar, Guadalupe and Martinique, the masses are already rioting. If you think the 1969 riots were horrible, I believe this year will make that look like a kiddie parade. We now have organized gangs on top of millions of angry people. We now have millions of unemployed that have no jobs and their 401k plans have been destroyed. We now have millions of people that don’t know if they can put food on the table much longer. If Obama wants to talk about Lincoln, let him go back and consider what happened during the Civil War. And if you think we cannot fall into anarchy like that again, you are only fooling yourself.

7 – Chaos: a state of utter confusion. I think that sums up where we are at today.

Unless we go after the economic terrorist and claw the money back, we will see violence on an unprecedented scale this year. We didn’t have huge shopping malls in 1969, but the downtown shops were all looted and burned. I saw it first hand in Asbury Park, New Jersey. That was 40 years ago . . . one Biblical generation. The malls will be looted and destroyed. Grocery stores the same. I do not see anyway to avoid this . . . IF we stay on the same course we are on.

Dillon Radigan on Fast Money this evening was bold enough to say we need to go after the crooks like Paulson, Mozilla, etc. He didn’t mention them by name, but he analogized them to terrorists.

I leave you with the only “C” word we should be concentrating on . . . Consequences. If we fail to force the thieves to pay the consequences for creating a world of financial crisis, we must pay the horrible consequences of financial ruin and chaos.

And if we don’t take control of our destiny, in the end, guys like Paulson, Mozilla, Dodd and Frank still have to report to the Boss.

http://realestateandhousing2.blogspot.com/...-crime-and.html

[Peikko 1,575]

Another good one. A terrible economy creates a lot of very good drama.

[EasyRider 3]

I know in America we're used to instant gratification and thought that as soon as Obama came into office things would go back to normal. Well, obviously that is not the case. And since we're just one month and a few days away from the Obama inauguration, I'll reserve judgment on how his plan is working or not. It's too early in the game to abandon the game plan.

I agree on shooting those CEO's though, nice one. It should be on PPV. We could probably balance the National Debt with the profit or at least come close to it.

[one...two...tree 2,762]

Consequences....who need them?

[Niels Bohr 72]

I've been through bad economies. We're still buying food for the pets which is an indication that nobody is struggling. However, take a 180 degree turn and move to Cambodia. Pets gets used as food when worst comes to worst. I lived six months in Cambodia last year. Those who have not witness histeria, desperation, and hunger will probably think that the economy in the US is very chaos.

[Nagishkaw 510]

Food for thought.

[Jasman0717 9]

The parking lot at South Coast Plaza was full last night so some people have money to burn.

[alienlovechild 75]

No problem, just trust in AJ. He's a financial guru and he'll tell you where to put your money.

[I AM NOT THAT GUY 5,715]

No problem, just trust in AJ. He's a financial guru and he'll tell you where to put your money.

A slow roller like that, and AJ did not pick it up? I am suprised!

[Ban Hammer 14,573]

No problem, just trust in AJ. He's a financial guru and he'll tell you where to put your money.

aj a financial guru? you've not talked to mawilson, have you?

[GiGii 4]

AJ,

You always post drama. How about we focus on something more positive, like the 4C's

[NickD 203]

I've been through bad economies. We're still buying food for the pets which is an indication that nobody is struggling. However, take a 180 degree turn and move to Cambodia. Pets gets used as food when worst comes to worst. I lived six months in Cambodia last year. Those who have not witness histeria, desperation, and hunger will probably think that the economy in the US is very chaos.

Love it when somebody else who has it worse is suppose to make you feel better. My kid was killed in an accident, a friend lost two kids in a car accident, etc.

Most of the misery in this world is caused by corrupt governments, so why aren't the Cambodians doing something about that? Or the Iranians, or the Iraqi's, or the Cubans, or the Venezuelans, or the Russians, or those many African nations I can't even pronounce let alone spell?

And what about us, are we going to let these people rob us, or are we going to do something about it?

One thing we can do is to copy and paste that post and send it to our congressmen, senators, and even Obama, and keep on sending them. Oh, better edit it to 500 characters for Obama.

Edited February 28, 2009 by NickD

[Pooky 3,929]

And if we don’t take control of our destiny, in the end, guys like Paulson, Mozilla, Dodd and Frank still have to report to the Boss.

What? Bruce Springsteen is the mastermind of this financial disaster? OMG!!!!

Edited February 28, 2009 by Pooky