Friday, December 14, 2007

Lopez, can u please do a very simple, dumbed-down "CDO Scam for Dummies"

#1--you send mr x a $10.00 bill so he will buy you a $10.00 money mart that will pay you 50 cents per year--5%--mr x makes .05//1/2%---the money is invested in short term government paper---------

#2--super geek shows mr x how he can substitute CDO paper for government paper, and can still pay you the 50 cents or 5% but mr x can also make 5% or 10 times what he made before---and the cdo paper was backed by real estate and the "models" showed it was as safe as government paper----

#3--super geek shows mr x how he can take your 10 dollars and use it as collateral and borrow 100 dollars and then buy 100 CDO's--now, on 100 dollars at 5%, there is a 5.00 profit and investor gets his 50 cents on 10.00 and mr x now clears $4.50--and all this from your ten dollars

#4--now, imagine if mr x could borrow 1000 dollars with your 10????

####and all the while on your statement or whatever, your investment shows whatever name you wanted to buy so you never have a clue and of course the boyz never dreamed they would get caught as they are too smart and you are too dumb---and they believe that--and to keep all hidden they formed SIV's (special investment vehicles) and kept them off of their balance sheets which in a way created their own little secret accounts---and you thought the USA learned nothing from Enron????

old mother hubbard--Lopez, what is an example of an economic WMD??

Hola marooons: of course i am also a proud and unknowing marooon, but i do read mucho about the Cabal and here is the GREAT FEAR: You have invested your money in some THING; 401; IRA; pension; profit sharing; mutual fund; money mart fund; or in any type of bond, etc., etc., etc.; and you are and have been safe and getting a return---but, in the last two years, the GREED FACTOR of your banker, broker or institution, became so large that THEY substituted your intended investment into shit paper and did not and have not told you---they made XXX times more $$$ than they would have legally, and never ever feared default-- (after all, the now-bad-paper was backed by real estate)---and today, all over the world, "THEY" now OWE zillions of dollars that they do not have...the cup board is bare......

F_E_A_R...

dr ben's tonic for all your ailments

and yes lopez wants to know how much money you want to "invest" when dr ben pulls up Monday, 12/17/07, and lets you BID on unknown paper and then if you win you get to spend more and more to pay someone to figure out what it is you have bought and what it is worth----hell of an opportunity, and typically a product that historically has been offered to morons only....such a deal...........

Economic "Wag the Dog"-------

remember, dubya and the boyz will not and have not taken responsibility for anything that "might" be wrong and they always seek a target; a scapegoat; a reason; a diversion---any something that will lead maroons down the wrong trail----but know this: dubya and his gang are the masters of destruction with their two great weapons of WAR AND DEBT---you are weakened and easy to control so beware ALL of the new headlines that scream "they" are doing "things" to help you-----bullshit rules..............

LITTLE BIG HORN and JACKIE GLEASON

GENERAL GEORGE DUBYA CUSTER RIDING USA STRAIGHT TO LITTLE BIGHORN----

AND YES MAROONS, NOW THAT THE SOCIAL SECURITY INCREASES HAVE BEEN SET, WELL NOW THE CORK HAS POPPED ON THE PPI AND THE CPI---THANK YOU DUBYA AND OF COURSE THE CREATOR, BIG AL GREENIE; AND AS JACKIE WOULD SAY, "HOW SWEET IT IS......"