Tonight, I saw Cramer on tv lying about why the market is going down again. You know, it’s real easy to blame short sellers, via SKF purchases (how absurd and laughable), for bringing down this financial system we call “capitalism.” Then again, this is not capitalism, but gangsterism.
Nonetheless, it’s not me and my friends buying 20,000 SKF, market order, with a $10 stop, that is causing the meltdown—trust me. Quit fucking lying to people, jackass, then maybe your bullshit stock price will get above $3.
SHAME ON THE HOUSE OF CRAMER.
The reason why we are in this situation is because the growth we have enjoyed, over the last 20 years or so, was built upon a lie. It was financed by vultures, who are now holding the entire tax base hostage.
The reason why GM, F, AIG, C, BAC, MS or any other piece of shit is not allowed to fail is because of the bond holders. They own this country, from the top down. They own trillions of dollars in corporate and treasury debt. They are the people or entities who have financed and will continue to finance our lifestyles and/or stupid shit.
Without them, this country would be forced to start making our own shit, because China would be like “get the fuck out of here with those bullshit dollars.”
Let truth be told, Bill Gross and his fucking friends need to voluntarily step up and tell C, BAC and GE that they will take a 60% haircut on their bonds, in order to save America. But they will never do that.
All they care about, all anyone cares about is themselves. So why should we act any differently?
I should stop paying my mortgage.
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