The Forum > General Discussion > Bank of America Insolvent.
Bank of America Insolvent.
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Posted by one under god, Thursday, 27 October 2011 9:50:36 PM
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yeah right
silence you claim a high mind..deserving the high ground so give some opinion on my last post nothing there or a thing that could work..if govts got together [and stopped listening to classic theory] the growth model is dead [noting the insanmity of bank shares in europe overnight 'rallying'..up to 10%..[not bad for overnight funds the bankers gambled on with our measly overnight savings]..but will they bank it...[bail themselves out] no it hides behind its firewall of a fed controled by govt when the fed is run by bankers..[getting bankers rates..not public servant rates] oh well let your silence speak volumes [expect the next round of bailouts arround xmass time] ever more bonus for bankers.. ever more debt upon us all the proffit..but never any pain [for printed paper..they print for 7 cents each..regardless of its face 'values'..while deflating coin.. to where the metal content alone out values its face price] [bring back the coin age] [by restoring traditional values.. face values that reflect its historic worth..in silver or gold] oh well the poor have allways been poor and the nevo rich..well they are rich..in credit[for now] in the end we all shall feel the bite of austerity measures cause so much bad governance has sold off our public treasure's Posted by one under god, Friday, 28 October 2011 7:42:03 AM
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Oh, hello Arjay.
>>You tried to tell me last year that derivatives had value backing their numeracy.<< I have no idea what that actually means, dear boy. Numeracy is the ability to understand and work with numbers. Your sentence therefore makes not a jot of sense. As I have recommended many times, do yourself a great favour, and learn about your topic before you write about it. Apart from anything else, you might find the material quite interesting. In this context, teach yourself about derivatives. Understand first the relationship between the instrument itself, and the underlying asset. Then - another of my wise pieces of advice - "follow the money". Track it through its various stages, from bank account to bank account, if you will, right through to the impact if/when the asset itself ceases to have value. At that point you will recognize two things. One, that the $75 trillion is not a net exposure, but a total of notional amounts. The second is that - while no-one denies there is a problem - the system will be able to re-absorb them into more manageable instruments over time. Then you, like one under god, will be able to sleep more soundly at night. >>Pericles,you are the personification of deception and hypocracy<< Arjay, I know how important it is to you that you keep thinking that way. If you did not, you would have to admit to yourself that I am also clear about the underlying realities. Which you seem unable, or unwilling, to grasp. As for you, one under god, you have once again lapsed into incoherence. >>so give some opinion on my last post<< If it were possible to detect anything rational, I'd respond, but sadly there ain't. But here's a tip: the world is not about to conduct its business in coins. >>[bring back the coin age]<< Has it occurred to you what a trillion euros, in coin, might actually look like? Posted by Pericles, Friday, 28 October 2011 10:26:35 AM
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its futile to try to explain
to one who looks ONLY..for absurdities and dear boy thats what you look for anything else you diss-miss as gibberish cause your rule one is point out what you can define as an absurdity but the absurdity lies with you im not saying issue a trillion euro coin's ol boy im saying they plan..a 100 billion euro 'bailout'..to bankers to wit a 're -capitalisation..TO THE CAPITALISTS.. that has failed consistantly..mearly kicking financial armogeddon along the way..[for now]..till the next election my suggesation related to the 100 billion bailout [leveraging it ten fold][thus needing only 10%..[10 billion][in coin] [and to pre-empt your destractive absurdity i suggest..issueing one tenth that..in coin.. then to revalue the face value of the coin to fix the bond debt..[to the state]..in euro's then..by adding an extra inflation adjustment..[ie an extra zero] that 10 billion is leveraged..into 100 billion.. HELD BY THE PEOPLE..not bankers then the bankers are capitalised from the base up..for pennies on the euro because top down..dont trickle down..! so 5 cents becomes 50 cents 10 cents becomes the equivelent*..of say a euro 20 cent equal to 2 eu..50 cent=5 euro.. [in short leverage a bailout to the consumer.. by capitalisation [inflation adjustment]..of their coinage] one zero now an extra zero mid 2012 [those prepared to save it...or 'bank it AS COIN..!] can get a quick cash flow now..or a bigger one in a few years if that first 0 fails go the other '0' [modeling with the true facts should indicate it will take two zero's [which brings its real value back in line.. with its intended true historic value... from when coin was silver/gold..copper..by weight] Posted by one under god, Friday, 28 October 2011 1:20:16 PM
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but i guess i should stop trying to explain something new
to an ol dodder..[i was going to say ol dog..but that would only give you a selective quote..to destract replying to my idea.. anyhow thanks for replying and forcing me to explain it again its only too easy to inflate/deflate paper..! coin has become lost ammoung the noise thus the fairity to reflate it back..to its historic value reflate that inflation has stolen from us of the coinage to the advantage of those with paper promise..[fiat paper;money..or cyber credit] [ie..re-align coin..back to its historic values as well as return the 'royal mint'..back to govt.. not banker control] as well balance the imbalance..currently in the fed make it accountable..to the voters..not greedy bankers as well as taxing those not paying winfall taxes [ie a transaction tax] plus the fact that 'trust's..never die and to be fair they must..[thus the deathtaxes] Posted by one under god, Friday, 28 October 2011 1:20:34 PM
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With the euphoria over the deals reached at Brussels dying down,
the numbers are now being pored over by economists and experts to see if they add up. One of them is RT's Max Keiser who believes nothing's changed the EU's still fighting debt with debt http://www.youtube.com/watch?v=P8sK9gZEUac target the fed http://www.moneychanges.org/2011/10/us-protests-should-target-the-new-york-federal-reserve/ new age parenting..reward the thieves http://whatreallyhappened.com/IMAGES/parenting.jpg news crew bailout as police rush in http://www.disinfo.com/2011/10/abc-and-cbs-news-both-cut-away-due-to-technical-difficulties-at-onset-of-oakland-police-violence/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+disinfo%2FoMPh+%28Disinformation%29 cia mob control http://www.youtube.com/watch?v=V_rX3X474gM&feature=relmfu http://whatreallyhappened.com/RANCHO/POLITICS/MOCK/mockingbird.php angels rushin where fools folly..[pro-test] http://occupytheplanet.org/?p=571 send in the marines http://www.in5d.com/occupy-wall-street-the-marines-are-coming-to-protect-the-protestors.html http://dailybail.com/home/marines-to-oakland-police-you-did-this-to-my-brother.html The underlying problem of living..under an economic system which by design..produces more debt than money to pay the debt..with more debt.. is still there, as is the policy of looting the people to enrich the bankers who created that system. All the European "deal" has done is push the next crash off (they hope) until after next year's election,..while plunging the people of Europe (and possibly the United States)..further into debt to the central bankers against their will! . goldman sax harburg..attack a fellow bank[supporting the protesters] http://mwcnews.net/focus/politics/14421-non-profit-bank.html bank fraud http://dailybail.com/home/janet-tavakoli-fraud-as-a-banking-business-model.html eu-rope..euro http://dprogram.net/2011/10/27/europe-wallows-in-insolveable-problems-bob-chapman/?utm_source=twitterfeed&utm_medium=twitter bail out http://www.guardian.co.uk/business/economics-blog/2011/oct/27/eu-bailout-deal-scrutiny-critics?newsfeed=true 1% http://poorrichards-blog.blogspot.com/2011/10/one-percent-gigantic-government.html So what will the super-committee cut? Money for schools. Money for roads. Money for medical care. Money for education. In short they will cut all those things we agree to pay taxes for. What will not be cut? Money for Israel. Money for war. Money for Wall Street. http://www.socialistalternative.org/news/article12.php?id=1717 http://uruknet.net/?p=m82617&hd=&size=1&l=e occupy..a national strike http://www.washingtonsblog.com/2011/10/occupy-wall-street-launching-first-nationwide-general-strike-in-america-since-1946.html drug test the 1% http://dailybail.com/home/ohio-lawmaker-introduces-bill-that-requires-politicians-judg.html an insider speaks http://www.noviden.info/article_239.html carving up the mid east http://www.youtube.com/watch?v=DWKb-wL9358 Posted by one under god, Friday, 28 October 2011 1:57:45 PM
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but the facts peak for themselves
TOP-DOWN..[trickle affect]
DONT TRICKle down
as i told keven and wayne
thus we bailed out the consumers..[not re capitalised the bankers]
most of us left it in the bank..so the bank got to leverage it
and thats how the germaniac bailout should go down
give the 100 billion immediate recapitalisation..to the citizenry of the eu..[call it a divedend..or an inflation adjustment..but give it to the people[not the bwankers]..
next it is best if its issued in coin
then adjust the face value of the coin..
so the bailout is locked in definitive euro's anmmounts
then revalue the coin..by adding a 0
that boosts the value of the bailout[to the people]
10 fold...
and the consumers go back to spending..
and the debt gets made smaller..[made more managable..]
because there is actual income to pay taxes
and then a transaction tax..on all money exchange
then a death duties tax on business
[no corperation..or trust can 'live' longer than 40 years..]
then its death duties come due!
and the assets sold...[with the corperate trusts limited to bying back no more than 80 percent..of their dead asset values][ie churn]
but its pearl before swine
you will simply ignore the bulk of others opinions
and search for some destraction
to appear clever.,.but half wits only look clever
to other ognoramasses...[and i have noted you have no cheer squad..]
thus arnt fooling no/one