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Old 07-14-2010, 08:51 AM
 
Location: Fredericktown,Ohio
7,168 posts, read 5,369,489 times
Reputation: 2922

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This is a article from Ellen Brown on how the banksters and big time investors would rather gamble with derivatives then invest in companies that produce :
Quote:
The shift from investing to gambling means that not only are investors making very little of their money available to companies to produce goods and services, but the parties on one side of every speculative trade now have an interest in seeing the object of the bet fail, whether a company, a movie, a politician or a country. Worse, high-speed program traders can actually manipulate the market so that the thing bet on is more likely to fail. Not only has the market become a casino, but the casino is rigged.
High frequency traders - a field led by Goldman Sachs - use computer algorithms to automatically bet huge sums of money on minor shifts in price. These bets send signals to the market that can themselves cause the price of assets to shoot up or tumble down. By placing high-volume trades, the largest speculative traders can, thus, intentionally "fix" prices in any direction they want.
For our global warming/climate change friends that support cap and trade the bankers are right there with you.Here is a quote from one of your own :
Quote:
Billionaire financier George Soros says cap and trade will be easy for speculators to rig. "The system can be gamed," he said last July at a London School of Economics seminar. "That's why financial types like me like it - because there are financial opportunities."
Wait a minute I thought this was about saving the environment
There is some good topics to discuss in this long article that is very informative and contains some intellectual content like any other articles written by my girl Ellen. Thoughts?
t r u t h o u t | Ellen Brown | How Brokers Became Bookies
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Old 07-14-2010, 09:13 AM
 
Location: Londonderry, NH
41,479 posts, read 59,811,485 times
Reputation: 24863
This is why financial markets need very close government regulation. Free markets are unable to police themselves to prevent rigging by "speculating gamblers" and monopolists. The international markets are almost completely free of "government interference" or protection. They are the primary targets of the really big thieves such as Soros and his buddies. These comfortable manipulators work very hard to prevent anyone spoiling their party with regulation or law.

When markets are used by speculators, gamblers and manipulators the markets can no longer freely allocate investment to things like mines, farms and industries that create wealth and growth in an economy. Crooked markets only take the wealth of the many and concentrate it into the hands of the few. Free markets, like a free economy, cannot exist without honest and impartial government regulation. Recent US administrations have prevented that from happening in our country and a complete lack of any regulatory authority has guaranteed the international markets are crooked casinos.
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Old 07-14-2010, 09:22 AM
 
73 posts, read 42,904 times
Reputation: 23
Quote:
Originally Posted by reid_g View Post
This is a article from Ellen Brown on how the banksters and big time investors would rather gamble with derivatives then invest in companies that produce :

For our global warming/climate change friends that support cap and trade the bankers are right there with you.Here is a quote from one of your own :

Wait a minute I thought this was about saving the environment
There is some good topics to discuss in this long article that is very informative and contains some intellectual content like any other articles written by my girl Ellen. Thoughts?
t r u t h o u t | Ellen Brown | How Brokers Became Bookies
Quick story-

The other night Im driving around with my wife in the car. We come to a stop light and I am observing my surroundings. We are near an office park.

Keep in mind at this time I am currently in the job market.

I look around at all of these office buildings and say- you know what - I am through working in an office building. What is behind all of those papers and files and spreadhseets anymore? Whatever is behind these office facades creates nothing, they move money around and magically make more money appear until it no longer appears.

It is actually a bit daunting if you think about what the economy has become.
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Old 07-14-2010, 07:26 PM
 
Location: Fredericktown,Ohio
7,168 posts, read 5,369,489 times
Reputation: 2922
It is depressing and I think the banksters and the global elites have us by the balls not only that they have the countries of the world in there control. How can you control the central banks that dishes you out fiat currency and has you trapped in debt? If a country puts to much reg on the casino they just change locations.
But Ellen's point is solid who wants to take a risk investing in production when they have the casino wide open and can manipulate to their profit advantage.They can make the stock market dance look at the 900 drop during the audit the fed bill.
The cap and trade is going to be there next bubble,not only will they be fleecing those in the market but the energy companies will raise rates to buy the off sets.
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Old 07-14-2010, 08:31 PM
 
48,502 posts, read 96,894,387 times
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The problem is when the regulated are sited all as crooks and targeted for punishmnet as a group. That means that they don't particpate in the economy. People never;esepcailly in the US;take to threats and hammering well. That is what has happened to obama.He had had to continue hammering as his polices have not yielded resullts.It gives the madeenig crowd someone to blame other than him and his policies.
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Old 07-15-2010, 03:47 AM
 
19,226 posts, read 15,330,973 times
Reputation: 2337
Quote:
Originally Posted by reid_g View Post
This is a article from Ellen Brown on how the banksters and big time investors would rather gamble with derivatives then invest in companies that produce . .]
Banksters don't gamble.
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Old 07-15-2010, 06:24 AM
 
Location: Fredericktown,Ohio
7,168 posts, read 5,369,489 times
Reputation: 2922
Quote:
Originally Posted by ergohead View Post
Banksters don't gamble.
They gamble but they have the means to rig the game :

Quote:
High frequency traders - a field led by Goldman Sachs - use computer algorithms to automatically bet huge sums of money on minor shifts in price. These bets send signals to the market that can themselves cause the price of assets to shoot up or tumble down. By placing high-volume trades, the largest speculative traders can, thus, intentionally "fix" prices in any direction they want.
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Old 07-15-2010, 06:26 AM
 
Location: North America
5,960 posts, read 5,548,310 times
Reputation: 1951
Hasn't the stock market always been rigged?
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Old 07-15-2010, 07:02 AM
 
Location: OUTTA SIGHT!
3,018 posts, read 3,569,249 times
Reputation: 1899
Quote:
Originally Posted by reid_g View Post
This is a article from Ellen Brown on how the banksters and big time investors would rather gamble with derivatives then invest in companies that produce :

For our global warming/climate change friends that support cap and trade the bankers are right there with you.Here is a quote from one of your own :

Wait a minute I thought this was about saving the environment
There is some good topics to discuss in this long article that is very informative and contains some intellectual content like any other articles written by my girl Ellen. Thoughts?
t r u t h o u t | Ellen Brown | How Brokers Became Bookies

Can't someone believe in global warming but oppose cap and trade?
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Old 07-15-2010, 08:10 AM
 
Location: Fredericktown,Ohio
7,168 posts, read 5,369,489 times
Reputation: 2922
Quote:
Originally Posted by brubaker View Post
Can't someone believe in global warming but oppose cap and trade?
I would hope so because it would be common sense. Those making money on the exchange why would they cut their own throat and invest in green technology? I mean they have there own bubble trading off sets on polluters and the more off sets for sale is more money for the exchanges.
That would leave the energy producers as the driving force for cleaner energy and with them having to pay for off sets and invest in green tech they will pass the whole bill off to who?
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