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DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode

 
Anonymous Coward
User ID: 1315838
United States
10/14/2011 02:46 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
600 trillion dollars.. & they can't figure out why people are camping in the financial districts.?

Totally scratching their heads trying to figure out why people are threatening to kick their doors in..?

All those communist hippie bastards camped out on their front lawns chanting for their resignations.. "unpatriotic" freeloading, uninformed, unemployed, snot nosed potheads.

Phuck them.. get a job, pfft.
 Quoting: Anonymous Coward 1470125



Who wants to work for a living when you can sit back and collect interest.

This job thing is vastly overrated.

Intangible assets that make me money by not being there.

Thats the ticket.
 Quoting: Mr. Toppit


Problem with that theory is that you are fighting a "real" 10% infaltion rate. So, if you are making 8% interest on an asset you are at a "real" negative gain rate of -2% and remember you are paying taxes on that 8% gain (while inflation is increasing) so your "true" rate of return is -4.64% (@ a 33% tax rate)

Capice !
hurchel

User ID: 1925463
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10/14/2011 03:03 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
Hi Martial Law,

Found this while looking at the Federal Reserve Balance sheet, the other day: It is listed as either an asset or liability. But this is the entity they stuck the 2008 mess in they said they created it but the fed is holding it themselves.

This is where the derivatives are hiding:

Maiden Lane TransactionsFrom Wikipedia, the free encyclopedia (Redirected from Maiden Lane LLC)
Jump to: navigation, search
Maiden Lane Transactions refers to three limited liability companies created by the Federal Reserve Bank of New York in 2008 as a financial vehicle to facilitate transactions involving three entities: the former Bear Stearns company as the first entity, the former American International Group's lending division as the second, and the former American International Group's credit default swap division as the third. The name Maiden Lane was taken from a street which runs beside New York Federal Reserve in Manhattan.[1]

Contents
1 History
1.1 Maiden Lane LLC
1.2 Maiden Lane II LLC
1.3 Maiden Lane III LLC
Anonymous Coward
User ID: 1310640
United States
10/14/2011 03:05 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
600 trillion dollars.. & they can't figure out why people are camping in the financial districts.?

Totally scratching their heads trying to figure out why people are threatening to kick their doors in..?

All those communist hippie bastards camped out on their front lawns chanting for their resignations.. "unpatriotic" freeloading, uninformed, unemployed, snot nosed potheads.

Phuck them.. get a job, pfft.
 Quoting: Anonymous Coward 1470125



Who wants to work for a living when you can sit back and collect interest.

This job thing is vastly overrated.

Intangible assets that make me money by not being there.

Thats the ticket.
 Quoting: Mr. Toppit


Problem with that theory is that you are fighting a "real" 10% infaltion rate. So, if you are making 8% interest on an asset you are at a "real" negative gain rate of -2% and remember you are paying taxes on that 8% gain (while inflation is increasing) so your "true" rate of return is -4.64% (@ a 33% tax rate)

Capice !
 Quoting: Anonymous Coward 1315838


And of course, you collect up undervalued or devalued property, claim a loss against other profits,(again, you cant do this to the same degree), or succession of losses, sit on it claiming continued losses, with transfers amongst friends and create conditions for its' eventual revaluation as amonopoly, or lack of further need of any valuation.
Anonymous Coward
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United Kingdom
10/14/2011 03:06 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
This is an even greater example of how phony debt is.

Who in the world has 600 trillion dollars?

Who had 14 trillion to lend our government?

Answer no one, the debt isn't real, because in order for the debt to even exist in the first place the money to lend would have had to exist ! ! ! ! !

Fuck it, keep everything you got, pay the banks nothing, and destroy all debt !
 Quoting: GodFrequency


clappa
Illumicorp

User ID: 3289974
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10/14/2011 03:07 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
This is an even greater example of how phony debt is.

Who in the world has 600 trillion dollars?

Who had 14 trillion to lend our government?

Answer no one, the debt isn't real, because in order for the debt to even exist in the first place the money to lend would have had to exist ! ! ! ! !

Fuck it, keep everything you got, pay the banks nothing, and destroy all debt !
 Quoting: GodFrequency



14 Trillion try 211 Trillion. If you don't believe me you can easily use a Search Engine to find the real 'Fiscal Gap'.
Illumicorp - ordo ab chao
Anonymous Coward
User ID: 3296765
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10/14/2011 03:08 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
I C E L A N D
Burt Gummer

User ID: 3223147
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10/14/2011 03:17 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
And the sheeple still wounder why people are pissed at wall street and bankers.
 Quoting: Force King


Why?

The bankers alone didn't create this. thwak

...politicians did with EVERYBODY MUST HAVE A HOUSE...
...and Slick Willie repealing The Glass-Steagal Act of 1933.

POLITICIANS ENABLED THIS.....BANKERS JUST TOOK ADVANTAGE OF THE SITUATION THAT WAS CREATED.


clintonb

Last Edited by Useless Cookie Eater on 10/14/2011 03:23 PM
Bent

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10/14/2011 03:29 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
[link to www.pbs.org]
Tomos

User ID: 2985278
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10/14/2011 03:30 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
And the sheeple still wounder why people are pissed at wall street and bankers.
 Quoting: Force King


.

POLITICIANS ENABLED THIS.....BANKERS JUST TOOK ADVANTAGE OF THE SITUATION THAT WAS CREATED.


clintonb
 Quoting: Burt Gummer


for that to be true it would have had to have been an accident. my bet is they have been working together on it for decades now, i mean hey who pays the politicians off?
Emancipate yourselves from mental slavery; none but ourselves can free our mind.

Marcus Garvey
Anonymous Coward
User ID: 1822049
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10/14/2011 03:32 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
What if we just did the biblical thing, and forgave ALL debt every 7 years, and all land goes back to the owners. Seems lenders would be a little more careful with what they do. Just a thought.
Tomos

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10/14/2011 03:33 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
 Quoting: Bent


they have a sweet video timeline, thx for the link.

[link to www.pbs.org]
Emancipate yourselves from mental slavery; none but ourselves can free our mind.

Marcus Garvey
tigerchuen

User ID: 2009117
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10/14/2011 03:33 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
This is an even greater example of how phony debt is.

Who in the world has 600 trillion dollars?

Who had 14 trillion to lend our government?

Answer no one, the debt isn't real, because in order for the debt to even exist in the first place the money to lend would have had to exist ! ! ! ! !

Fuck it, keep everything you got, pay the banks nothing, and destroy all debt !
 Quoting: GodFrequency



14 Trillion try 211 Trillion. If you don't believe me you can easily use a Search Engine to find the real 'Fiscal Gap'.
 Quoting: Illumicorp


yup, i've read about that one. i betcha its 211 tril is conservative.
Anonymous Coward
User ID: 1310640
United States
10/14/2011 03:39 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
What if we just did the biblical thing, and forgave ALL debt every 7 years, and all land goes back to the owners. Seems lenders would be a little more careful with what they do. Just a thought.
 Quoting: Anonymous Coward 1822049


The bankers want a guarantee where nobody else gets one.
Penny short, and a day late, you lose your stuff.
That's the forgiveness they have for you. For them, you forgive them their mistakes and make the whole out of your pocket.
Dont you get it? They make up money from thin air, by agreement with the gummint, charge their percentage up front, and 'lend' this fiction out to you, and then put that debt against the public debt as well, so even when you pay the 3 or 4 times original price back to them, made valuable by your sweat and labour and sacrifices, they take that now real money for themselves, as profit, and leave the debt against the public on the books, for you to pay again or for your schildren and grandchildren to do so in perpetuity.

You are not expected to beat the system, you are expected to fail and be found wanting...
Anonymous Coward
User ID: 3295608
Germany
10/14/2011 03:51 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
This is an even greater example of how phony debt is.

Who in the world has 600 trillion dollars?

Who had 14 trillion to lend our government?

Answer no one, the debt isn't real, because in order for the debt to even exist in the first place the money to lend would have had to exist ! ! ! ! !

Fuck it, keep everything you got, pay the banks nothing, and destroy all debt !
 Quoting: GodFrequency



what exactly do you think 'you got'?
 Quoting: Anonymous Coward 3244411


Money is a tradable abstract of attention. That means you cannot extract more power of money than there are individuals to comply with there attention. To work for anybody is to pay attention.

What you have got that is the frozen part of your history. They can take your attention or they can take the results of your attention. Things for which you have payed with your attention already.

Who is legalized to decide what you have to pay or not. Who is allowed to determine when your dignity has been assaulted by an unfair approach. Who dares to judge whether you are in need or not.

Pay what you have to pay to go ahead.
Burt Gummer

User ID: 3223147
United States
10/14/2011 03:55 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
And the sheeple still wounder why people are pissed at wall street and bankers.
 Quoting: Force King


.

POLITICIANS ENABLED THIS.....BANKERS JUST TOOK ADVANTAGE OF THE SITUATION THAT WAS CREATED.


clintonb
 Quoting: Burt Gummer


for that to be true it would have had to have been an accident. my bet is they have been working together on it for decades now, i mean hey who pays the politicians off?
 Quoting: Tomos


What "accident"? crazy
It was LEGISLATED by these politicians.
No two ways about that.

...and yes....OF COURSE they are in collusion with each other.

BUT....had the POLITICIANS not legislated / enabled this....it NEVER COULD HAVE HAPPENED.
BANKERS just ate it up after that.

Last Edited by Useless Cookie Eater on 10/14/2011 03:56 PM
Anonymous Coward
User ID: 1310640
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10/14/2011 03:58 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
And the sheeple still wounder why people are pissed at wall street and bankers.
 Quoting: Force King


.

POLITICIANS ENABLED THIS.....BANKERS JUST TOOK ADVANTAGE OF THE SITUATION THAT WAS CREATED.


:clintonb:
 Quoting: Burt Gummer


for that to be true it would have had to have been an accident. my bet is they have been working together on it for decades now, i mean hey who pays the politicians off?
 Quoting: Tomos


What "accident"? crazy
It was LEGISLATED by these politicians.
No two ways about that.

...and yes....OF COURSE they are in collusion with each other.

BUT....had the POLITICIANS not legislated / enabled this....it NEVER COULD HAVE HAPPENED.
BANKERS just ate it up after that.
 Quoting: Burt Gummer


D'uh, banker remunerate the politicians that license their usurous rackets. It;s a daisy chain except for the fact that it's the proles that get the buggaring.
No accident.
Even the ancients seemed to understand that usury
is in the end corrupt and destructive and predisposes to creation of caste systems?
Anonymous
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Belgium
10/14/2011 04:54 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
What does all this mean for people who have private debt. How will this ultimately trickle down to them? I have to think the banks are going to take everything they have a right to.
 Quoting: Fred Bartholomew 1485342


Since the debt is imaginary and based on nothing, payment in kind is appropriate, ie imaginary repayment.
Case closed

WHO is it that claims that an imaginary product must be payed back in real value?
You cant loan what you dont have.
Otherwise, there is no end of demands for any number of imaginary services or loans that cannot be documented.
In the end, it comes down to force.
 Quoting: Anonymous Coward 1310640

.
And that my friend is the only reasonable answer indeed.
Case closed.
Anonymous Coward
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United States
04/04/2014 03:38 PM
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Re: DERIVATIVES: The $600 Trillion Time Bomb That's Set to Explode
Notional derivatives for the world = $1.5quadrillion.
The 600tril is just from US banks (I think).
 Quoting: Anonymous Coward 1561135


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