Finances, Obama, pizza, plans

Mar 07, 2009 20:17

To start with, this Daily Show confirms what I already suspected: No one understands the financial crisis. It is ultimately inscrutable, resulting as it does from essentially chaotic systems colliding with each other. If you claim to understand it, you aspire to an suprahuman level of comprehension and I, for one, believe you are full of shit ( Read more... )

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Finances - PONZI! anonymous March 10 2009, 00:47:27 UTC
The whole thing has been a ponzi scheme from start to finish. The Madoff's and Stanford's are fall guys to distract you from the real truth that you will never get in MSM. But, if you care to know, there is a place to go, and it starts in the broker dealer, finance, stocks, alpha margins, swaps - you name it, blogosphere. These guys work in the business and they love telling you how it was really worked. It has a double effect for them, they they show off how smart they are for making easy money, and it helps them sleep at night - by assuaging what little guilt they have for ripping everyone off with the consoling thought that, at least, they told somebody the truth ( ... )

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