Comments on: Batchelor & Constable: Through the Looking Glass http://www.noquarterusa.net/blog/20605/batchelor-constable-through-the-looking-glass/ Sun, 27 May 2012 09:11:00 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: oowawa http://www.noquarterusa.net/blog/20605/batchelor-constable-through-the-looking-glass/#comment-1176535 oowawa Thu, 09 Apr 2009 15:06:24 +0000 http://www.noquarterusa.net/blog/?p=20605#comment-1176535 <blockquote>Why “can’t” the banks who want out just repay the TARP money and get out?</blockquote> Ummmm . . . because trying to repay the TARP money is like trying to resign from the <em>Hells Angels</em>? "When you're a Jet, you're a Jet all the way." Your point is well taken, Docelder. We're in trouble here, aren't we?! "Fascism" is about right.

Why “can’t” the banks who want out just repay the TARP money and get out?

Ummmm . . . because trying to repay the TARP money is like trying to resign from the Hells Angels? “When you’re a Jet, you’re a Jet all the way.”

Your point is well taken, Docelder.
We’re in trouble here, aren’t we?! “Fascism” is about right.

]]> By: oowawa http://www.noquarterusa.net/blog/20605/batchelor-constable-through-the-looking-glass/#comment-1176525 oowawa Thu, 09 Apr 2009 14:58:11 +0000 http://www.noquarterusa.net/blog/?p=20605#comment-1176525 OMG mountainaires--this reads like a novel. I can understand why the MSM takes a pass on investigating these guys. OMG mountainaires–this reads like a novel. I can understand why the MSM takes a pass on investigating these guys.

]]> By: Docelder http://www.noquarterusa.net/blog/20605/batchelor-constable-through-the-looking-glass/#comment-1176518 Docelder Thu, 09 Apr 2009 14:53:19 +0000 http://www.noquarterusa.net/blog/?p=20605#comment-1176518 <blockquote>American Taxpayer is getting screwed to benefit the biggest bankers in the world</blockquote> O.K. but let's not stop at the obvious here... What is this "payoff" really about? Is there not some emerging "partnership" of sorts developing between these banks and government? Why "can't" the banks who want out just repay the TARP money and get out? None of this is new to the world, we have seen this before. The "f" word comes to mind here... but not the swear word... but "fascism".

American Taxpayer is getting screwed to benefit the biggest bankers in the world

O.K. but let’s not stop at the obvious here… What is this “payoff” really about? Is there not some emerging “partnership” of sorts developing between these banks and government? Why “can’t” the banks who want out just repay the TARP money and get out? None of this is new to the world, we have seen this before. The “f” word comes to mind here… but not the swear word… but “fascism”.

]]> By: oowawa http://www.noquarterusa.net/blog/20605/batchelor-constable-through-the-looking-glass/#comment-1176495 oowawa Thu, 09 Apr 2009 14:28:43 +0000 http://www.noquarterusa.net/blog/?p=20605#comment-1176495 So Wells Fargo comes out with a very bullish report and the stock market trips all over itself in surging upwards. Market analyst Karl Denninger puts it this way: <blockquote>It must be nice to be able to keep loans on the books at whatever price you feel like, receive billions of taxpayer money including "assistance" in rolling up Wachovia, and then turn out to not need it, right? . . . This leads one inescapably to the following: * Either Wells is lying (obfuscating losses through unrealistic marks, etc) OR * These "bailouts" were no such thing - they were a simple and transparent looting operation by the banks that is now showing up directly in "earnings" (and will shortly show up in the bonuses of executives too!) </blockquote> http://market-ticker.denninger.net/archives/948-JamJob-Wells-Fargo-And-More.html Folks, the American Taxpayer is getting screwed to benefit the biggest bankers in the world. So Wells Fargo comes out with a very bullish report and the stock market trips all over itself in surging upwards. Market analyst Karl Denninger puts it this way:

It must be nice to be able to keep loans on the books at whatever price you feel like, receive billions of taxpayer money including “assistance” in rolling up Wachovia, and then turn out to not need it, right? . . .

This leads one inescapably to the following:

* Either Wells is lying (obfuscating losses through unrealistic marks, etc) OR
* These “bailouts” were no such thing – they were a simple and transparent looting operation by the banks that is now showing up directly in “earnings” (and will shortly show up in the bonuses of executives too!)

http://market-ticker.denninger.net/archives/948-JamJob-Wells-Fargo-And-More.html

Folks, the American Taxpayer is getting screwed to benefit the biggest bankers in the world.

]]> By: mountainaires http://www.noquarterusa.net/blog/20605/batchelor-constable-through-the-looking-glass/#comment-1176418 mountainaires Thu, 09 Apr 2009 12:46:46 +0000 http://www.noquarterusa.net/blog/?p=20605#comment-1176418 Talk about "Through the Looking Glass!" <strong>MUST READ:</strong> http://www.deepcapture.com/strange-occurrences-and-a-story-about-naked-short-selling/ Talk about “Through the Looking Glass!”

MUST READ:

http://www.deepcapture.com/strange-occurrences-and-a-story-about-naked-short-selling/

]]> By: bayareavoter http://www.noquarterusa.net/blog/20605/batchelor-constable-through-the-looking-glass/#comment-1176221 bayareavoter Thu, 09 Apr 2009 06:37:24 +0000 http://www.noquarterusa.net/blog/?p=20605#comment-1176221 Thank you for your perspective. Very worrisome for the ordinary taxpayer like me who has no idea of how to fix this mess and has no confidence in the crooks in charge. Thank you for your perspective.

Very worrisome for the ordinary taxpayer like me who has no idea of how to fix this mess and has no confidence in the crooks in charge.

]]> By: TeakwoodKite http://www.noquarterusa.net/blog/20605/batchelor-constable-through-the-looking-glass/#comment-1176201 TeakwoodKite Thu, 09 Apr 2009 06:06:37 +0000 http://www.noquarterusa.net/blog/?p=20605#comment-1176201 Monster Inc. Monster Inc.

]]> By: viking http://www.noquarterusa.net/blog/20605/batchelor-constable-through-the-looking-glass/#comment-1176193 viking Thu, 09 Apr 2009 05:51:19 +0000 http://www.noquarterusa.net/blog/?p=20605#comment-1176193 This video clip surprises me not at all. I was as unfamiliar with the concept of credit default swaps as the temperature on, say, Saturn until last September. It didn't take all <em>that</em> much to educate myself on what the hell was going on then and since. The abyss is still there. Place as many happy, smiley faced buttons at the edge of it as you want, but its still there. I don't remember the name of the guy on CNBC (probably over a month ago now) who said paraphrasing 'If an ax murderer comes into your bedroom and you pull the covers over your head, the ax murderer is still there! NO S#!&... DUH! This video clip surprises me not at all. I was as unfamiliar with the concept of credit default swaps as the temperature on, say, Saturn until last September. It didn’t take all that much to educate myself on what the hell was going on then and since.

The abyss is still there. Place as many happy, smiley faced buttons at the edge of it as you want, but its still there.

I don’t remember the name of the guy on CNBC (probably over a month ago now) who said paraphrasing ‘If an ax murderer comes into your bedroom and you pull the covers over your head, the ax murderer is still there!

NO S#!&… DUH!

]]>