Chris Dodd should be investigated, and yes, eventually jailed.
He is corrupt. He is a scoundrel. He is the cause of much of what has gone wrong in this world.
Friend of AIG. Friend of Citibank. Friend of RBS. Friend of Angelo.
But rest assured he is no friend of America.
No, he is simply a traitor. A scoundrel. And scum.
And either he's investigated, by an Independent Special Prosecutor, or I believe the enraged mob will come looking his way next.
| Citigroup Inc | $316,494 |
| United Technologies | $264,400 |
| SAC Capital Partners | $248,500 |
| American International Group | $223,478 |
| Royal Bank of Scotland | $218,500 |
U.S. expands AIG bailout to whopping $153 billion
RBS posts Britain's biggest-ever loss
U.S. Agrees to Rescue Struggling Citigroup
United Tech's Pratt chief sees more layoffs
SAC Slashes Staff After Losses
Posts
5 comments:
Denninger today: http://market-ticker.denninger.net/
Don't Click This Link
http://www.tickerforum.org/cgi-ticker/akcs-www?singlepost=1102305
Seriously, this is not "G" rated, or even "PG", and I can't even fairly call it "R" rated.
This is "XXX", and not for sexual content either.
Those of you reading this from the political space need to pay attention, because sentiment like this is showing up in more and more places, starting with "Hal Turner's infamous reference to "banker baseball" (think about it for a second and it should be obvious what was being referred to) a few weeks ago.
Justice is necessary here folks, and justice doesn't come in the form of multi-trillion-dollar bailouts to the big banks both here and abroad.
It would be one thing if this economic mess was all a matter of accident, but it wasn't. Far too much of this was simple fraud - promising things that the people doing the promising knew they couldn't possibly make good on, whether it was someone claiming to have $300,000 in income when they really made $50,000 or whether it was someone selling over $2 trillion in CDS backed by less than $100 billion in actual capital - without a hedge.
I have many times referred to anger rising in the American population, but this little screed on The Internet makes clear exactly how pissed off some people are getting.
I firmly believe that the law can be the best form of justice when people do really evil things, mostly because death at the hands of an angry mob is usually fast if brutal but life in prison always looking over your shoulder in the yard is a special kind of Hell.
What the politicians need to understand is that when the public's demand for justice rises as it has been for the last year or so you can't placate it by getting 50 people to return bonuses from AIG or by putting Madoff in prison.
You need to go get the bad guys - a lot of them - and try them in our public courts, with public indictments and public juries, and do it to enough of these malfeasors so that everyone "gets it" - if you pull this in the future, you WILL be brought to justice and punished, just like the guys who did it this time. Promises to do it "next time" won't do.
The people of this nation are rapidly coming to the conclusion that government is a willing co-conspirator in bed with the robber barons, and that, folks, is a place that I absolutely do not wish to see us descend to.
In that particular circle of Hell we can lose our nation's government. Let's not, instead choosing to indict, prosecute and imprison, ok?
(If you insist on reading the link, after having been warned and being willing to read a profanity-laced diatribe, click here.)
And here's the link:
DEAR Wall Street,
What a bunch of whiny f**king babies. John Galt would be puking blood for 200-pages over this load of sh**, you bunch of sobbing welfare queens. You f**ked up. You ruined everything. You broke it, and we f**king bought it, because big baby was too big baby to fail.
We get it all ways from you motherf**kers. You're robbing us of our present and future now, but first you stepped on our throats on your way to the top. You raked in the money with a bunch of made up fantasyland bullsh** that wouldn't fool a counting horse on America's Funniest Home Videos, but somehow suckered in every major bank in the world.
Credit default swaps.
Those things are so f**king dumb that when you explain them to somebody and they laugh about how dumb they are you've got to act like ooooh they're so magical and complicated. Far too complex for the plebes to get. No! Wrong! Go into OTB and put fifty dollars on Rambo's Beautiful Blood. You just bought a credit default swap. Whoaaa you're blowing my simple pea brain with your fancy Wall Street talkin'. You sadsack ****ers.
So everybody bought into your big scheme, even when they didn't know they were playing, and now the whole thing has come crashing down because too many people won the f**king unbelievably obvious bet that a million illegal immigrants were going to default on million dollar home loans. Suddenly all your stupid fake money is gone, but if it's gone the whole system of bullsh** lies collapses and you look like d**kheads. So whoopty-doo, now we gotta make the fake money turn real or else the house of sh**ty c**t cards comes crashing down, only there isn't enough real money to cover all the fake money, so we're making more real money.
Then there's A.I.G., the bad seed, the carbuncle on our anus, the weeping wound in our tit, the sorry source of all our misery and woe. This is the monster garage full of miscreants that dreamed up the fire-breathing nitro-gulping predicament we're in right f**king now. Their financial products division created the derivatives market from lies and their executives raked in billions in bonuses and easy money. While they were peddling bad bets, median wages in the US stagnated and poor working schmucks leaned increasingly on credit to get by. Prices on everything were going up, but credit was easy to come by what with all that bullsh** money to throw around. And then the good days ended, for the poor sh**head in the middle class anyway. While you a**holes on Wall Street were lining up for your first round at the government trough, the poor f**kers that had been using credit cards to maintain their standard of living from the 1990s were beginning to lose everything. Their houses, cars, health care, and even their jobs were disappearing. F**kers at Merrill-Lynch, A.I.G., Citi Group, Bank of America, and on, and on, and f**king on were taking huge bonuses or executive compensation packages. They were "retiring" to third world countries where their fortunes would set them up like kings.
And listen up motherf**kers, because we f**king paid for it. Us. The f**king taxpaying public. The dudes you have been grinding beneath your heels since you first read Ayn Rand and sociopathed your way through econ 101. We're your paymasters now, f**kers. And yeah, your tools in the government and in the press are between you and us for now, but we've got one trick up our sleeve. One and only recourse while you're raping us for our last f**king dollars.
We can get ****ed. We can let the hate take over and form a f**king mob. When you take home bonuses from our money, when you get our bailouts and have your lobster luncheons or your strippers and coke parties at the Mirage, we'll be there with our torches and our f**king pitchforks. And just because you got your little crybaby letter in the New York Times, just because "the media narrative" is turning back in your favor, doesn't mean we have forgotten. We're ****ed and we know what you did.
Jake DeSantis, you f**king narcissist, don't give me that bullsh** self-pitying resignation letter. Don't tell me you weren't the dick that has been f**king this country, just the hand on its throat. Don't make me laugh with your charity donation lesson in life. Let me give you a life lesson. We'll go through the Red Cross and the March of Dimes to get to you. We'll leave Jerry's Kids mewling and thrashing in the gutters and overturn the Salvation Army Kettle to get our f**king money back.
You're all scum. Villains. And before this is through blood will be shed. Human blood that doesn't come out of a gigantic f**king vagina like yours, DeSantis. It's not a threat, it's a promise you're making to us.
"Come get us," you're sneering.
"I hope you like to eat turds from a human butt," we're sneering right back.
Your offices will be lit from within by the fires of a thousand burning evil motherf**kers and their evil personal assistants. There will be chaos. Triple chaos. Saigon all over again. They'll be pushing G5s off the deck of an aircraft carrier to make room for the next private jet escaping New York. We'll string the filth of the NYSE from lamp posts and Rick Santelli's empty sockets will look out on the streets, choked with useless paper and cars torched for insurance money.
The orgy of our outrage will be legendary. We'll cut off hands and feet and gouge out tender parts. We'll feed chopped up guts to dogs and rotting carcasses can fertilize urban gardens. Remember that tree they put Conan on? No, that's not for you, that's for your wives! You should be so lucky!
The last of you, the scarred remnants of your horrible tribe, can read this to a congressional hearing, your voices quivering with indignation while pale fists hammer on the glass and cry to see your blood spill out in a red gush across the steps of the Capitol.
You motherf**kers had better be afraid. You haven't learned your lesson yet, but we have.
DEATH TO WALL STREET!
Sincerely and with warmest regards,
Zack Parsons
http://www.tickerforum.org/cgi-ticker/akcs-www?singlepost=1102305
Democrat.
.
What about Dodd's wife and her involvement with AIG?
Hmmm....?
.
Hang 'em.
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