Boehner Budget Failure Followed Pressure From Conservative Groups: Plan B from Planet X failed in Congress. Aliens, which run Congress, were ordered to wreck America by December 21 and they failed in their mission to cut social services and cut taxes to fellow aliens from outer space who run Wall Street in a reptilian manner. Even multiple human sacrifices in America and China didn’t stop the collapse of the Tea Party. The Mad Hatter and March Hare leaders in the House and Senate GOP are now hopping mad with their own party. Obama, playing rope a dope, won in the end.
Wall Street continues to morph as the New York Stock Exchange is sold to derivatives company in $8bn takeover. A southern exchange board which, like the Chicago exchange, all about derivatives, has put up the loot—probably all borrowed, of course–to buy this dying dinosaur of an exchange. They trade stocks in the NYSE, not phantom leveraged deals that are insane, stupid and destructive.
The takeover of the New York Stock Exchange’s owner illustrates starkly how trading in commodities and derivatives has become much more lucrative than trading in corporate shares.
The minuscule CMB was all about corn and wheat harvests and betting on the size and value of future crop levels. It depended on weather reports and since farmers sold their farm futures so they could buy seeds for the next harvest, the game of futures was a big, fun house for traders. The concept of derivative contracts, hatched at the same time the infamous floating fiat currency regime was launched has now grown to a gigantic scam that is bigger than the entire planet’s GDP.
The scam is still spreading like wildfire thanks to the central banks in Europe and the US bailing out this Derivatives Monster. They even boasted that the CO2 cap and trade pollution sales would dwarf the entire value of the energy market, for example. The nearest thing to infinity is the Derivatives Beast. It is, of course, impossible to have. It makes bankers ridiculously rich and traders richer still and both evade taxes while playing this game and it is all quite delusional and psychotic.
Now on to the other entity that the derivative traders control: Congress. True, one of their own was slapped down by voters and slunk off to his offshore domain to plot more destruction of our financial systems. Here is a delusional article from a British paper that shows how naive reporters are about the very rich: The art of the deal: CEOs frustrated at pace of fiscal cliff negotiations | World news | guardian.co.uk
Among all the people disappointed with how the fiscal cliff negotiations are playing out are those who actually negotiate for a living: corporate chieftains. They have been wooed by Republicans and courted by Obama. But neither side is delivering the only thing the CEOs really want: a deal. Now….
So far, the CEOs I have talked to have responded with well-coded equanimity, expressing fervent hope that cooler heads will prevail and that an agreement is within sight.
HAHAHA…they pulled the wool over someone’s eyes! The reporter doesn’t know when he is being lied to? HAHAHA. I bet the guys were pulling their ears while saying all this garbage. I wonder how the CEOs kept a straight face while telling blatant lies. Oh, we do forget, HAHAHA, they are all psychopaths. Their ‘well-coded equanimity’ is another way of saying, ‘bald faced liars’.
These gnomes poured billions into the recent election most of which was aimed at getting one of their own into office. They bribe Congress to do what Congress does: cut taxes, cut regulations, assist in offshoring manufacturing and jobs and allowing offshore banks to hide wealth. Not to mention, the Zionist aims at controlling all Muslims very violently and at great expense.
They are the cause of this mess. They went along with the joke of the GOP of pretending to balance the budget knowing as well as I, the GOP always, always doubles the debt when they control the White House. They saw yet another opportunity to destroy social services here so they can be responsible for nothing here, neither paying for their beloved wars nor paying for keeping workers alive. They far rather import new workers from the teeming third world who they can easily exploit.
Virtually none of these crooks face prison time for all the insane things they did to the once-conservative banking system: As Unit Pleads Guilty, UBS Pays $1.5 Billion Over Rate Rigging – NYTimes.com
In a series of colorful e-mails and phone calls, traders tried to influence the rate-setting process. “I need you to keep it as low as possible,” one UBS trader said to an employee at another brokerage firm in September 2008, according to the complaint filed by the Financial Services Authority. “If you do that,” the trader promised to pay “whatever you want. I’m a man of my word.”
They drooled about buying more jets, yachts and islands as well as expensive whores. They all dream of being gods on earth while in actuality, they are becoming demons. And demons destroy, not build and everything they touch turns ugly but they don’t understand this. Like with Croesus turning everything to gold and then crying when he turned his own child into gold, they are turning their brats into murderous monsters a la Caligula. The Romans had the same problem when they took over everything and looted everyone.
The fiscal cliff was made by crazy right wing Republicans knowing that no one forces a GOP President off such a cliff. They thought this would destroy Obama. Instead, it is making him stronger and them weaker which is probably the funniest outcome possible.
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