80 years ago by dreamtrove

REAL WORLD EVENT DISCUSSIONS

80 years ago

POSTED BY: DREAMTROVE
UPDATED: Wednesday, September 30, 2009 12:33
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Tuesday, September 29, 2009 4:05 PM

The nation had just elected its first socialist president of the century, on the heels of out of control crony capitalism. Industry was collapsing, plants were closing and people losing jobs because loans and bonds were unable to make good. The banking gold reserves had gotten so bad that should anyone have gone to the bank to demand their money, they could be only be promised two cents on the dollar. The financial system was coming out of a fiasco from a mark to market margin based financial ponzi scheme with Goldman Sachs at the center of it. The Federal Reserve System looked something like this:

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Tuesday, September 29, 2009 6:01 PM

FREMDFIRMA

You mean it looks any better today ?

Sheeeet, Mario Buda knew EXACTLY what and why he did what he did on a nearby corner to that one.

-F

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Tuesday, September 29, 2009 6:23 PM

DREAMTROVE

Frem,

What, are your irony sensors turned off?

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Tuesday, September 29, 2009 6:29 PM

FREMDFIRMA

To quote Jayne...
"You're comin in loud and clear"

Heh heh heh

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Wednesday, September 30, 2009 12:10 PM

DREAMTROVE

Reckon by that logic I was jes beginning the count down to the day that some might call "sometime's it's bad to be the president"

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Wednesday, September 30, 2009 12:33 PM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)

Hell, I'm fortified with irony! It's part of a healthy breakfast.

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