parasitical primitives complain about investor class

[franksolich]

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x4129393

Oh my.  And the subway cat adds her two cents (given her by the taxpayers) later on in the bonfire.

ConsAreLiars  Donating Member  (1000+ posts) Tue Sep-30-08 01:35 AM
Original message

When the parasite class, oops, investor class, is represented on TV by Suze Orman and Jim Cramer, well, maybe that's a bit instructive. Insane barking mad idiots with nothing like half a clue. Carnie hucksters screaming nonsense at the crowd trying to get them to drop a few bucks into the swindle machine. (Apologies to real carnies - they do have a real sense of honor and ethics.) Absolutely amoral climbers for whom "more money" is the only value they know, both in terms of operating their own rackets and in terms of how they see the world in general.

So, of course, one can find people like them running their scams in churches and on street corners and in every sort of business. Psychopathic to their core. Self promoters. Operators. Cons. But the Corporate Media promotes these two, and many others like them, as if they were experts rather than opportunist hucksters.

Why would they do that? Because their power depends on us buying their lies and playing their game.

As worried as the primitives seem to be, probably a lot of primitives bought those lies and played the game.

scheming daemons  Donating Member  (1000+ posts) Tue Sep-30-08 01:38 AM
Response to Original message

1. Oy Vey.... you're going to burn the house down because of those two idiots?
   
Look... do you think Bush WANTS a $700B bailout to be part of his legacy?

Do you think Barack Obama WANTS to go on the record supporting such a bailout?

Do you think John McCain WANTS to admit that his deregulatory record is partly responsible?

Do you think Barney Frank, Nancy Pelosi, and Harry Reid WANT to jeapordize their hold of congress over a SWINDLE???

Wise up. The people we TRUST are reluctantly for this.

Bush lied about the Iraq war.

He's not lying this time.

depakid  Donating Member  (1000+ posts) Tue Sep-30-08 01:46 AM
Response to Reply #1

4. "you're going to burn the house down because of those two idiots?"
   
That seems to be a prevailing sentiment.

ConsAreLiars  Donating Member  (1000+ posts) Tue Sep-30-08 01:52 AM
Response to Reply #1

6. Hoover, like you, and the corporatist Dems, thought giving money to the bankers was a good idea. After all, they said so, and they were the "experts." Didn't work for anyone but the bankers who took the money and ran to Europe with it. Roosevelt was smart enough to see that further enriching the rich was not the solution but the problem. You may disagree, but point to one case where passing more money to the ruling class ever helped anyone but them.

Yeah, where's passing more money onto Vast Teddy, the Bostonian Billlionaire, Alphonse Capote Gore, John D. Rockefeller IV, Bela Pelosi, Maria Cantwell, Dianne Feinstein, Bill Gates, Warren Buffet, Jon Corzine, John Edwards, David Geffen, Bags Streisand, Michael Moore, Rosa DeLauro, Jesse Jackson, the subway cat, &c., &c., &c., ever helped anybody but them?

Hardrada  Donating Member  (1000+ posts) Tue Sep-30-08 01:57 AM
Response to Reply #6

7. And no one has ever liked a slave revolt except the slaves!

scheming daemons  Donating Member  (1000+ posts) Tue Sep-30-08 01:58 AM
Response to Reply #6

8. Sweden, 1992. Japan, 2002.
   
Educate yourself.

ConsAreLiars  Donating Member  (1000+ posts) Tue Sep-30-08 02:09 AM
Response to Reply #8

12. Educate yourself.
   
Sweden nationalized the parts of the banking industry that failed, took over the full assets rather than than just giving the owners money for garbage. Read Krugman. Not sure what your 2002 refers to, but in the 80's, I think, they did a Roosevelt thing and built from the bottom up.

scheming daemons  Donating Member  (1000+ posts) Tue Sep-30-08 02:20 AM
Response to Reply #12

15. Today's bailout bill looked a LOT like the Sweden plan in '92.

ConsAreLiars  Donating Member  (1000+ posts) Tue Sep-30-08 02:33 AM
Response to Reply #15

18. Uhh, NO!
   
There is a big and important difference between taking over a bank as a whole and just giving the bankers money in exchange for their bogus paper. Hey! If you can't tell the difference between a liability and an asset, and if you are realllly good at screaming and such and Cramer explodes, maybe you should send your resume to GE. They need clueless apologists to cover their swindles.

anigbrowl  (1000+ posts) Tue Sep-30-08 03:36 AM
Response to Reply #18

25. MBS's are not liabilities.
   
You say this bogus paper is a liability, eh? Answer me one question - who is the creditor?

Frankly, I would way rather have the MBS's than bank equity right now. And yes, there are provisions for holding equity in the bill...someone didn't read it.

girl gone mad  Donating Member  (1000+ posts) Tue Sep-30-08 03:00 AM
Response to Reply #15

21. Wow.
   
You sure post a lot on a subject it appears you know almost nothing about.

Why?

But that's par for the course for the primitives on Skins's island, posting a lot about things they know not almost nothing, but nothing, period, about.

TWriterD  Donating Member  (1000+ posts) Tue Sep-30-08 01:40 AM
Response to Original message

2. "Carnie hucksters" -- perfect description!
   
I don't know how people can stand watching those shows. Bad advice and screaming... pass.

And then the subway cat adds her two bits, given her by the taxpayers:

undergroundpanther  Donating Member  (1000+ posts) Tue Sep-30-08 01:45 AM
Response to Original message

3. spot on Cons are Liars.
   
Because it's true CONs are LIARS!!

ribofunk  Donating Member  (1000+ posts) Tue Sep-30-08 01:50 AM
Response to Original message

5. Cramer's Not a Huckster
   
I don't pay attention to his picks, because no one is consistenly good, especially someone with a mass audience. But he instructs his viewers how to think about the market and how it behaves. He is also a lot closer to the current credit crisis than most other commentators.

ConsAreLiars  Donating Member  (1000+ posts) Tue Sep-30-08 02:01 AM
Response to Reply #5

11. Yup, you're his target audience.
   
His picks are utter BS, even worse than average - http://www.cxoadvisory.com/gurus/Cramer / - but that isn't the problem. He is selling the ultimate delusion, the belief that capitalism is something other than a legal system designed and tweaked to transfer income and power to the most powerful. Play the game if you wish, but the rules are written to ensure that we lose and they win.

Hannah Bell  (1000+ posts) Tue Sep-30-08 02:25 AM
Response to Reply #11

16. you're right. but don't expect most folks to admit it.
   
the present crisis is a perfect example: the king MUST win.

therefore, you MUST lose.

Spoken like an Obamaite primitive, to a supporter of the worthier Democrat candidate for president.

undergroundpanther  Donating Member  (1000+ posts) Tue Sep-30-08 02:32 AM
Response to Reply #13

17. The CEO cult
   
It's all about go getters,gambling,screaming, overweening ambitions,can-do hubris ,alpha asshat meglomania,massive make believe and a whopping pile of denial.

Ceo's ..****'em.

ConsAreLiars  Donating Member  (1000+ posts) Tue Sep-30-08 03:03 AM
Response to Reply #17

22. Well said.
   
It's what you get when the "Type A" types give up any sense of humanity and do their utmost to win the "Type Asshole" awards from the monsters they sold their humanity to.

fiziwig  Donating Member  (1000+ posts) Tue Sep-30-08 02:00 AM
Response to Original message

10. Around 600 B.C. Chinese philosopher Lao Tse said...
   
"He who knows that enough is enough, will always have enough."

Greed is poison to the soul, and it causes nothing but grief in the long run. More than anything else, I feel pity for those who are under the spell of greed. They will never know peace or contentment.

The easiest way to get rich quick is to learn to be satisfied with what you have. When you do that, you instantly have everything you want. What better definition of "rich" than to be able to say I have everything I want.

depakid  Donating Member  (1000+ posts) Tue Sep-30-08 02:16 AM
Response to Reply #10

14. That's an excellent way of viewing certain things
   
It's my personal philosophy as well- could be, many Oregonians think alike.

That said- we're dealing with a systemic problem, one that not dealt with in a timely manner, won't simply cut off greed, but may also reduce peoples' ability to live an earnest life- thereby increasing greed and other equally nasty predilictions and emotions.

ConsAreLiars  Donating Member  (1000+ posts) Tue Sep-30-08 03:36 AM
Response to Reply #23

24. "good sound practical advice" on how to adapt to being ripped off constantly and surviving on less and less every year. Yeah, what a friend. We're getting ****ed over, and never a word about the rapists. Get used to it. Adjust your standard of living downward every day. Never a word about those who drive us further into the mud. A true friend. But not ours. Get used to it. Next week, a special report on how to feed your kids dirt so they don't cry so much about being hungry. Oh yes, a friend, but not ours.

Oh my.

[Carl]

Funny how they seem to have lost the part in the history book that shows whenever Marxism/Socialism/Communisim is set in place as an economic system the haves become a very small number in the government ruling class and the have nots are the rest of the entire population.

[JohnnyReb]

"Read Krugman" you say?....only to pass the time before I finish so I can wipe my butt on it.

[franksolich]

Funny how they seem to have lost the part in the history book that shows whenever Marxism/Socialism/Communisim is set in place as an economic system the haves become a very small number in the government ruling class and the have nots are the rest of the entire population.

Oh yes.

The disparity between the standard of life enjoyed by Mao Tse-tung and the "average" Chinese peasant was greater than the disparity between John D. Rockefeller and a Mississippi sharecropper 75 years ago.

[jtyangel]

Funny how they seem to have lost the part in the history book that shows whenever Marxism/Socialism/Communisim is set in place as an economic system the haves become a very small number in the government ruling class and the have nots are the rest of the entire population.

To elaborate on your point, Carl: in order to have freedom, one risks debaucles such as this. Freedom, whether economic or otherwise, hurts sometimes. This is but one instance of that. Of course, the DUmmies, would like to live in a bubble, even if it is a bubble of misery in pertuity rather then a bubble of crap we are in now that will last a more finite amount of time. What amazes me is they have neither the knowledge or depth of understanding to see how their failed policies of 'equality' have put us right where we are now. They tried to equalize people who were not 'equal' by their own poor life decisions. Again, they saw racism around every corner instead of paying homage to the financial nuts and bolts of an individual and whether they proved themselves worthy whether they were white or black of being extended credit.

In the end, Wall Street and others WILL get more conservative...they will resist pressures now from the likes of the Congressional Black Caucus because they can not afford for this to happen again. Will they make mistakes again? Sure..that is part of freedom--making crappy decisions.

[JohnnyReb]

Interesting point jtyangel about racism..............where's Al Sharpton and Jesse Jackson? Why aren't they out there demanding that the disenfranised blacks be allowed to loose their fair share in the market?

[jtyangel]

Interesting point jtyangel about racism..............where's Al Sharpton and Jesse Jackson? Why aren't they out there demanding that the disenfranised blacks be allowed to loose their fair share in the market?

It doesn't work like that . Apparently, even now, foreclosures are happening because big, evil corporations want their asset back while the 'innocent' minority family is turned out on the street. DUmmies seem to forget that the bank is the owner of it until it is actually paid off or in their world I suppose the bank should give a home out of the goodness of their hearts...forget the employees of the bank that need to be paid, the million of other homeowners who actually make their payments on time, etc. The bank was just the intercessory to get it out of the hands of the previous owner and 'gift' it to the new one. 

Of course, anymore racism is code word for minorities shouldn't have to feel the  sting of their own mistakes. And corporations and individuals alike fall for this boogieman every damn time.

[Carl]

Funny how they seem to have lost the part in the history book that shows whenever Marxism/Socialism/Communisim is set in place as an economic system the haves become a very small number in the government ruling class and the have nots are the rest of the entire population.

To elaborate on your point, Carl: in order to have freedom, one risks debaucles such as this. Freedom, whether economic or otherwise, hurts sometimes. This is but one instance of that. Of course, the DUmmies, would like to live in a bubble, even if it is a bubble of misery in pertuity rather then a bubble of crap we are in now that will last a more finite amount of time. What amazes me is they have neither the knowledge or depth of understanding to see how their failed policies of 'equality' have put us right where we are now. They tried to equalize people who were not 'equal' by their own poor life decisions. Again, they saw racism around every corner instead of paying homage to the financial nuts and bolts of an individual and whether they proved themselves worthy whether they were white or black of being extended credit.

In the end, Wall Street and others WILL get more conservative...they will resist pressures now from the likes of the Congressional Black Caucus because they can not afford for this to happen again. Will they make mistakes again? Sure..that is part of freedom--making crappy decisions.

It is all part of their delusinal utopianism.
They want a house guranteed and provided but they still think it will be done where they want it to be and if they wish to move another one will be put in place.
They assume they will have all the freedoms that a capitalist society with a representative republic form of government provides while still being made into wealthy individuals without any effort on their part.

It is the most selfish form of humanity one can imagine.

[USA4ME]

fiziwig

Greed is poison to the soul, and it causes nothing but grief in the long run. More than anything else, I feel pity for those who are under the spell of greed. They will never know peace or contentment.

The easiest way to get rich quick is to learn to be satisfied with what you have. When you do that, you instantly have everything you want. What better definition of "rich" than to be able to say I have everything I want.

I have no issue with the above and for the most part agree.  The problems come when libs start determining they are the ones who decide for everyone else how much is "I have everything I want" and try and impose their viewpoints via gov't regulations.

.

[Chris_]

Funny how they seem to have lost the part in the history book that shows whenever Marxism/Socialism/Communisim is set in place as an economic system the haves become a very small number in the government ruling class and the have nots are the rest of the entire population.

One thing I've never understood about the SheMalePersonCat is that she considers anyone who is rich (aka has more money than her) evil and eagerly runs them into the ground. If I was her and was sitting around leeching off of the hard work of others instead of bitching I'd be cheering them on: "Go rich folks! Yea! Make me more money!"

[GOBUCKS]

So many DUmmies center their lives around class envy, while apparently making no effort whatever to improve their own situation. Come to think of it, that pretty much describes the democrat base.