Sunday, November 20, 2011

Do I Have To Fix Everything??

A nation turns its lonely eyes to you, Oda Nobunaga!

Clearly, God is going to do nothing. If justice is to be done it must be allowed to happen all by ourselves. But how can justice happen when everyone is corrupt? Well, folks, that's when we have to take a step backwards in order to take a step forward, meaning what we need is a Japanese warlord of absolute power: me! Don't worry about me becoming corrupt: I'm already there.

We have many wishful thinkers in this world, they are like feathers in the wind. I use them as a gauge of denial, knowing that the more they whine the more on target a proposal is likely to be. They merely want someone to believe in since they've chosen not to believe in themselves. And they shall determine their ultimate fate by how stubborn their desire to continue lying. Sweet!

But those are the lucky ones. For others there will be death without option. If they are honest with themselves, they will go gladly and willingly, realizing it is for the greater good of society as well as for their own good. The architects of doom will face their fate in broad daylight for all to see. You may think I'm being too harsh here but then I would ask: how much cancer do you want left in you?


First off, we need some people dead as a door nail. Just as was done to Jesus, we will cast lots to see who must die in the financial industry. Investment house CEOs - along with a healthy number of traders - will be forced to roll dice in a game of chance. Roll the wrong number and you die! These lovely creatures have long professed a fascination with gambling - when other lives were at stake. Why deny them now?

The traders who lose their bets will be summarily shot. For the CEOs - who always demand more! - we'll revive the old Japanese practice of burying them up to their neck until dead. Fun! Fun! Fun! We'll walk right past them in the public park without giving a second glance - just like we do the homeless today. If someone doesn't like this ugly sight we know they'll just shrug their shoulders and say, "Nothing I can do about it!" Ain't sheeple grand!

Currently, there is a dearth of workers for the mining industry. I will solve that by ordering the surviving traders into the dark pits for life. At least they'll earn a living wage if they work hard. Those who refuse will suffer the fate of the CEO's. One has to wonder how many of them will complain of an "interfering government" once they've learned how many safety regulations have been stripped away! HAHAHAHAHA! Good luck boys.

The bonus in this job is keeping your life!

For the surviving CEOs a variety of menial labor jobs at minimum wage will be offered. Look twice now, that new janitor may look familiar! Or, hey, look who's picking cotton! Or maybe that old chairman of the board wants to know if you want fries with that Whopper! All their assets will be seized and they shall work these jobs until death. No fat pension for you, bitch! And don't forget to keep voting Republican! It's in your "best interest".

And what of our useless President? I shall give him the job for which he has shown such a great aptitude: White House houseboy. Mr. Stepin Fetchet seems to enjoy that role so much for the bankers why not make him a happy boy? No spine required! But as far as his Wall Street advisors go, they will be hung on the White House lawn. Afterwards their bodies will be held in state at the Capitol entrance with a sign noting, "This is what happens to liars, thieves and crooks". People tend to have short memories, you know.

For those who complain on the harshness of the measures required to cauterize our wounds, I simply say those who defend death, disaster and destruction will be banned from our soil for life. There's simply no time left for talk like that. Hope you enjoy eating Chinese dog!

As far as the new group who come in to take the places of the dead and displaced, only one thought will be on their mind: "I sure don't want to fuck anybody over!" The fundamental tenet of capitalism is that one must be blackmailed into doing good. We'll see just how long everyone wants to bite into that bitter bit. By the time I'm done ramming their own garbage down their throats, it will be a world clamoring for socialism!

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Further info for you special ed people:

Alan Greenspan: The Grinch who stole everything!

Used to be they called him "The Wizard". Now we know him as the Dumbest Man On The Face Of The Earth. Way to go, Greenie!

WHITE HOUSE ANNOUNCER: Ladies and gentlemen, the recipients of the Presidential Medal of Freedom.

Pres. GEORGE W. BUSH: Alan Greenspan is one of the most admired and influential economists in our nation's history.

DAVID WESSEL, Author, In Fed We Trust: More than one story was written about Alan Greenspan as "the wizard," the man behind the curtain, the Wizard of Oz. Everybody hung on every word [he said].

ARTHUR LEVITT, SEC Chairman, 1993-'01: Alan was a great wizard. No one understood what he said, but he said it in such a way that everybody bought it.


Eh, it's easier than thinking. Shame so many people confuse the word intellect with intelligence. Unless of course you believe being an absolute amoral self-deceived sociopath is smart! (Hi, Newt!) In that case, just keep following that pied piper off a cliff. There's plenty of people willing to take you there! As for Greenie's fate: first thing I'd have him do is enter "Cocksuckers Anonymous". "Hi, I'm Alan Greenspan and I'm a cocksucker." Priceless!

AYN RAND: I am opposed to all forms of control. I am for an absolute laissez-faire, free, unregulated economy. Let me put it briefly. I am for the separation of state and economics.

Those damn pesky child labor laws are ruining this country! Don't see China fucking themselves by keeping 12 years olds out of the coal mines, making the little brats useful. Black lung for all! What's more democratic than that?

JOE NOCERA, The New York Times: Greenspan is a disciple [of Ayn Rand]. She is the great champion of government as a destructive force that just gets in the way.

NARRATOR: Greenspan talked about Rand in his autobiography.

[Alan Greenspan, The Age of Turbulence: "Ayn Rand became a stabilizing force in my life. It hadn't taken long for us to have a meeting of the minds - mostly my mind meeting hers."]


Pretty bold statement there! A meeting of the minds between two people without a mind! So they want to play hardball, eh? Fuck everyone and leave them to die? If these two are allowed to thrive it doesn't make much of a case for the natural selection theory.


Brooksley Born, chair of the regulatory CFTC agency tried to tell everyone long ago [circa 1996] what would happen with unregulated derivatives.

But all these "smart" men knew better - especially Greenie!

JOE NOCERA: [Greenspan] said something to the effect that, "Well, Brooksley, we're never going to agree on fraud." And she said, "Well, what do you mean?" And he said, "`You probably think there should be rules against it." And she said, "Well, yes, I do." He said, you know, "I think the market will figure it out and take care of the fraudsters."

Well, of course Greenie is pro-fraud being one himself. He and his buddies walked around seeing themselves as economic Aryans intent on purifying heresy eminating from the lower order of beings. It was a giant, mutual dick sucking fest where they walked around with cum covered faces congratulating one another on getting off. I'm telling you, rare is the soul that makes it out of high school.

NARRATOR: In 1993, Bankers Trust, one of the largest banks in the country at the time, had sold derivatives to Procter & Gamble.

JOE NOCERA: Procter & Gamble sued Bankers Trust, claiming that they had been sold products that they didn't really understand and that blew up in their face.

NARRATOR: The lawsuit set the stage for a stunning revelation. Bankers Trust employees took advantage of the fact that derivatives were too complicated to understand.

TIMOTHY O'BRIEN: It opened a window onto what was really going on in the derivatives market.

NARRATOR: As part of the case, Procter & Gamble discovered secret audiotape recordings of telephone calls among Bankers Trust brokers.

KELLY HOLLAND: There was one employee who described the business as a "wet dream." A Bankers Trust employee said, "We set them up."

TIMOTHY O'BRIEN: They had taped phone calls from people inside Bankers Trust who were sort of chuckling, saying, "Ha, ha, these idiots really think that this is in their best interests, but ha, ha, it's not. We're probably going to end up cleaning their clocks on these contracts."


Going to have a hard time hearing you laugh in those coal mines, you funny brokers you! Brooksley wanted to reel in the trading which at that time in the mid 90's represented a market value of 27 trillion. But that was before she faced the Axis of Evil Free Marketers: Greenspan, Geithner, Summers and Rubin.

NARRATOR: But at Treasury, things were about to change. The carefully calibrated inner tranquility was being disturbed by a small tremor. It quickly made its way up to Robert Rubin. Brooksley Born was contemplating the regulation of OTC derivatives.

JOE NOCERA: The pushback is visceral and immediate, and that's one of the striking things about this.

NARRATOR: This was a job for [thug] Larry Summers.

MICHAEL GREENBERGER: I walk into Brooksley's office one day, the blood has drained from her face. She's hanging up the telephone. She says to me, "That was Larry Summers."

RON SUSKIND: Larry basically reads her the riot act. He more or less tells her, my understanding, is that, "You don't get it."

MICHAEL GREENBERGER: He says, "You're going to cause the worst financial crisis since the end of World War II," that he has, my memory is, 13 bankers in his office who informed him of this. Stop right away. No more.


This perhaps is the greatest case of self-projection in human history! One of the very architects of "the worst financial crisis since the end of World War II" blames it on the one who's trying to prevent it! Clearly, he was looking into a mirror while speaking.

MICHAEL GREENBERGER: Each of the principals in turn that is to say, Rubin, Greenspan and Levitt take their shot at telling Brooksley that she shouldn't do what she's doing.

JOE NOCERA: Rubin says to her, "You don't have the legal authority to do this."

MICHAEL GREENBERGER: And Brooksley said, "Well, that's interesting. That's the first time I've ever heard that. All my lawyers at the CFTC have assured me that we have the exclusive jurisdiction to do this."

ROGER LOWENSTEIN: Rubin was condescending toward her. He said he would get his lawyer in the department to help her understand the laws better, or something like that.


But since she did have the law on her side, the unholy alliance then sought to change the laws. Sham hearings were held right away.

JOE NOCERA: She just gets pummeled on Capital Hill.

Sen. PHIL GRAMM (R), Texas (1975-'02): I see no evidence whatsoever to suggest that this is a troubled market, that fraud is rampant in this market.

LARRY SUMMERS, Dep. Treasury Secretary: The release has cast a shadow of regulatory uncertainty over a thriving market.

ARTHUR LEVITT: The CFTC's action has and will bring, I believe, significant disruption to this important global market.

ALAN GREENSPAN: Regulation that serves no useful purpose hinders the efficiency of markets to enlarge.


Ah yes, the plantation owners always speak out so forcefully and adamantly on the need for continued slavery. "There's money to be made as long as you don't interfere!" And nobody wanted to look the fool questioning men "who had a great deal of faith in their own intellects." As for sweetheart Gramm, he's soon to be the "bottom boy" in a gay house of prostitution - as much as I hate to give a job I know he'll enjoy.

We must get to Wall Street before they ruin everything!

Holy corruption, Batman, I wonder how all this turned out after they squashed all potential regulation??

NARRATOR: By 2007, the OTC derivatives market had grown to $595 trillion. That's $595 trillion.

NEWSCASTER: Stocks shot higher, giving the Dow its best day in almost...

NARRATOR: The hands-off approach seemed to be working. Wall Street had bet heavily on the real estate boom.

NEWSCASTER: The economy expanded at a robust 4.3 percent annual rate.

NARRATOR: Those derivatives were at the heart of that strategy.

JOE NOCERA: You have derivatives insuring derivatives which are based on derivatives. It's an almost an Alice in Wonderland kind of profitability.

TIMOTHY O'BRIEN: What, in fact, you essentially had was a big, creaking time bomb that needed some sort of event to disrupt all the assumptions everyone had.


Boy, did that bomb go off alright, blowing up lives around the world! Gee, I bet everyone was mad when that happened, right? Right??

NARRATOR: And the others? Robert Rubin left government to join top management at CitiBank. The taxpayers have pledged more than $100 billion to keep Citi afloat. Rubin's former deputies, Larry Summers and Timothy Geithner, have become President Barack Obama's chief financial advisers.

Neither Rubin nor his former deputy, Larry Summers, would speak with FRONTLINE about what happened to Brooksley Born. And Rubin's other top deputy, Gary Gensler, now holds Brooksley Born's former post at the CFTC. It still lacks authority to regulate OTC derivatives.

Alan Greenspan retired from the Federal Reserve just before the crisis hit in 2006.


But politicians (who I will require to dress in clown suits and makeup) looking for cover hauled Greenie back for a hearing. Like other famous Republicans Britney and Perry, he just said: "Oops!"

Rep. HENRY WAXMAN (D), California: [October 23, 2008] You have been a staunch advocate for letting markets regulate themselves. And my question for you is simple. Were you wrong?

ALAN GREENSPAN: Yes. I found a flaw, but I've been very distressed by that fact.

Rep. HENRY WAXMAN: You found a flaw in the reality.

ALAN GREENSPAN: Flaw in the model that I perceived is the critical functioning structure that defines how the world works, so to speak.

Rep. HENRY WAXMAN: In other words, you found that your view of the world, your ideology, was not right.

ALAN GREENSPAN: Precisely. No, that's precisely the reason I was shocked because I've been going for 40 years or more with very considerable evidence that it was working exceptionally well.


Very considerable evidence??? My, what a skilled liar you are! So smart you is! Tell me, are you "distressed" enough to give back all your ill gotten gains? But he'll have plenty of time to think about that as I take all his assets and put him in an unregulated nursing home for dementia to spend his final days. Some dummies are just too dangerous to be left free.

The final upshot: nothing has changed. No one wants to challenge the the free market religion. We're in a more dangerous position than ever, lying to ourselves more than ever, sowing the seeds of doom while whistling past our graveyard. Do we really want to contend this is the ONLY way to live? Remember, you're betting your life on it!


Watch The Warning on PBS. See more from FRONTLINE.

1 comment:

Max Silver said...

Harry for Warlord!