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Saturday, February 28, 2009
Clinton's Derivatives: UPDATE
Retrieved by Dave Darnell
We are certain we do not know what derivatives former President Bill Clinton could be talking about modifying; but we at MooPig certainly support his right to modify them.
John Roberts: "Mr. President, in terms of the overall economic downturn, Time magazine had an article out this week in which it named 25 of the people most responsible for the economic downturn, and you were there. They, they had a picture of you in what looked like a police lineup. They had a little button where you could vote who's the most responsible? They pointed to your signing of the Gramm-Leach-Bliley Act, the Commodity Futures Modernization Act. I wonder what you think about that."
Derivatives, eh? [Read the Article HERE]
[Click the following to access the sent link: Bill Clinton: I should have better regulated derivatives - CNN.com]
-- sent in by Correspondent DPDASSOC from Pearland Texas.
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Response to POST HERE
"The minstrel boy to the war has gone,
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http://www.ingeb.org/songs/theminst.html
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4 comments:
hmmm...yes...derivatives...well, I'm flummoxed.
See, now sometimes I can read between the lines you know? Like this guy says "this" but, what he really means is "this".
But THIS GUY, I'm not having any luck so far; for instance...
"the people that loan their money in the community instead of buying these esoteric securities, they're doing quite well."
See what I mean, "esoteric securities"?
"What line of work ya' in Carl?"
"Esoteric securities".
"Oh yes, I hear there's a big downside to that".
But, the real peach, the pick of the litter was..
"One guy wrote a book saying I was most like Thomas Jefferson, but the times in which I governed were most like Theodore Roosevelt."
Which everyone knows is crap because it's a well known fact that Theodore Roosevelt was the original derivatives/esoteric securities buster.
How can so many have a basis of self-delusional grandeur? Clinton doesn't know a derivative from a Dorito.
I am with you on this one... I think I sent another gmail in between this one and the other... I'll wait for that to wash out... then back into it, as you unleash your plan. Only this now:
To paraphrase something you had said somewhere: "Those who have the truth are hoarding it and will make us pay for it... no? Thought Commodities?"
I know that it wouldn't solve a ding-dong thing but I'd like to punch the squinty-eyed, flim flam man in the nose.
And it scares hell out of me, his wife is roaming around the world telling people what I think.
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