Tesa

Berkshire Hathaway: Proof That the CDS Market Is Irrational

They could have had a viable CDS market but it had to be hedged properly so they should have avoided fraudulent ratings but instead they chose profiteering which was about scamming.

CDS's are viable financial tool but they needed regulation to contain them and without meaningful rating system and boundaries, they became instruments of looting the public.


On Mar 07 11:49 AM China Expert wrote:

> The CDS market is one of the major culprits that threatens our financial
> system

Berkshire Hathaway: Proof That the CDS Market Is Irrational

Toro, you are way to logical herel. You too, avoid flying small planes.

What can you say to the insane are in charge of asylum to change their minds..

Scary Numbers, Part II

The hedge funds have extracted all the market cap which was meat of these companies so the attacked companies have only bones left. So no matter what the shorts say, there is not much meat for them to consume so they will have start attacking healthy companies now to provide new meat for their grinding machine or go long.

They will need to attack and chew on healthier companies with high market cap like XOM, WMT, CHL,PG, T,JNJ... to crush them. So they start with rumors and then the quota ith would be one panic a day laughing all the way to the bank.

I see that the author has T on his list.

The Road to Economic Hell

user344210, its interesting that would assess the benefits of socialism in negatively and could not really describe the benefits of capitalism other than claiming that the right wing people have all the money!. You must feel that it a club.

Americans can not claim either better health care or education.

American health care system has massive cracks and your are criticizing countries that have narrower cracks. With 25% of US population not being covered and medicare that is not as good as what the socialist offer, you should not be throwing stone from your fragile glass house.

How is a single payer system worse than fraudulent multi-payer system that extracts profits while consuming massively more percentage of GDP than the socialist countries. Health care club for the right wing is not offering better life expectancy either.

The Road to Economic Hell

Aristophanes, do you really think there is an actual John J Wall. I am not so sure.

The Road to Economic Hell

Its lovely to see conservative even plagiarizing the propaganda by conservative propagandist John J. Wall.

forums.hannity.com/sho...

On Mar 05 12:49 PM patio wrote to "plagiarized John J. Wall" :

> I'm with you...
>
> Dear American liberals, leftists, social progressives, socialists,
> Marxists and Obama supporters, et al:
> We have stuck together since the late 1950's, but the whole of this

The Road to Economic Hell

user344210, can you explain why would quoted comment of his would get the thumbs down for telling it is. Is there anything other than ganging up or presence of multi ID fraudster that could explain it.

Or is it just injured ego that stops Americans accepting the fact that other countries can be socialist can do just fine. Some poster even attacked him for being an immigrant. Its shameful and juvenile.

"I've lived in socialist countries. Everyone seemed to be doing quite well. Good jobs, nice homes or apartments, good free health care, good free education thru PhD if ability and interest was there, clean streets, well maintained infrastructure, one month paid vacation every year....."

The Road to Economic Hell

bricki, I agree with you. Either AIG had to be insured or 100K institutions it insured. Rescuing it versus rescuing thousands upon thousands of institutions was pretty wise.

May of these posters especially in this site claim that private capital could have rescued all these banks which is just dellusional. Delusions of grandeur in midst of failure pretty much describes it.

The Road to Economic Hell

plumstupid, they are giving you thumbs down for telling it like it is. What else can they do. They cant really respond with facts.

The Road to Economic Hell

Harry Tuttle , at the peak in 2007, what was the judgment of market.

The Road to Economic Hell

Buckoux, you are far more ignorant. The pie chart that I noted is not unique. Add up all the defense related activities and you get the same pie. That's not the only source that verifies what I said. Your own posted pie proves my point. Add the sub parts. Even Obama's budget tells the same story.

Add
- department of defense
- home land security
- veteran affairs
- state and international programs

www.sensibleiowans.org...
clapso.files.wordpress...
www.nationalpriorities...
www.nationalpriorities...

The Road to Economic Hell

Patio, it is interesting when you dump on socialism and witch the bait and plug in the Communists instead as an example. Whats west Berlin, was it not socialist, of course western Europe if socialist. The banking system in western Europe collapsed by unregulated capitalism imported from USA.

Aren't the socialist pay the 50% of the total of federal budget. Look at the pie chart, why are they paying for that instead of health care.
clapso.files.wordpress...

The Road to Economic Hell

La Marque, what are you!!. I am a realist who doesn't promote fraudulent ideologies which use McCarthyism to boast failed policies and cover the the track of unregulated markets boosting fraud.

The Road to Economic Hell

plumstupid, USA banking system in totality had collapsed sometime in Sept 2008. Federal government insures the banks and private insurers like AIG augment that and AIG had collapsed too. There was not enough private capital to prevent the collapse of US financial system, period. Only thing that any government can do is borrow and save the system or there will be anarchy . No private capital in midst of collapse could have saved such a large collapse.

The Road to Economic Hell

SW Richmond, what is interesting is that you capitalist didn't have any money for health care but lots of of money for military. Half the federal budget.
vis.berkeley.edu/cours...