understanding credit default swaps, complex derivatives, and why our economy sucks

[åron]

In part, this is what happens or makes things like this happen, when the government, investors, bankers and etc, tries to remove the working class out of the equation.
They want only a rich and poor society. From their view as would be obvious, such society would be easier to manage, manipulate and control. Thus easily allowing these large fly by night investors alot options and control. When the working/middle class is involved in the equation the economy balances itself out along with the right investors.

Ex.
You surely don't think the American automotive industry suffered in sales and production and large scale cut backs, because no Americans weren't interested in the vehicles, do you? Cmon, surely were not that gullible or stupid? Or are we? Let common sense lead you. Investing groups own the American automotive industry and have for awhile now.
GM, Ford, Chrysler and their suppliers as well. When talking about GM, Ford, Chrysler thats noticeable evidence on the economy.
These investors through very strategic deliberate Corporate buy outs caused the American Automotive sales to decline horrendously. These investors never put nothing back into the company. They are ruthless evil hearted insensitive people.
They buy them out and within a 2-4yr time frame the company belly ups. Why? There aren't any existing laws to stop them. If there was, who would enforce?
Our politicians? Not hardly!
They have made their money and a whole lot more and leave and shut it down on the way out and many families struggle and file bankrupt, take out loans they can't afford just to survive.
Saying the same thing or very similar to, from a portion discussed in the link provided above.
I hope you see the bigger unseen picture. You bet, the Shadow market and their derivatives if you will, dictating and calling the shots. They have been for some time. Their roots are deep, real deep.

Holy sniikees, this thread is going to melt down. You're making the admins nervous! Shit, I'm nervous! Queue the jokes about tin hats! :ROTF:
You're really railing on the driving force of the world economy.

I wouldn't say they don't want the middle class. They are more than happy to take their money... like the dotcom dive... Come play with us in the stock market, middle class... for your retirement. You can make all the decisions with Etrade! Just listen to these fine folks that are payed to tell you how to play! Check out how HOT this anchor is on CNBC, you know you can trust that face! A bubble? Oh crap, you lost everything? Well we win some, you lose some. We're sorry to hear about your losses. Everyone is hurting right now, we swear. Pay NO attention to that fat man driving the Austin Martin! Actually, check that guy out. He's a pimp! Now hurry along now back to your family, or you'll miss the latest exciting installment of Seinfeld.

That little bit of sarcasm extends to the subprime lending as well....We're sorry no one explicitly told you that rates would eventually go up on your ARM and you'd be forced to default. Your loan specialist Ron really should have spelled that out. Honestly, banks don't like to foreclose on good people. No there aren't business people who's sole interest is buying up foreclosures. Nonsense! You really should be smarter about your finances. No, we had no part in changing the bankruptcy laws in our favor. Remember, that's your enemies fault. You know, those stooges in DC. What's with all the confusion?

Per your example: I guess you could say it's easier to dismantle something, part it out like a Charvel, and profit on its demise than it is to build something better and permanent. Likewise, it's easy to do the bare minimum to improve the quality of something and profit from its existence until the neglect causes the whole thing to fail.

Sorry if this is a little bizarre. I was listening to some Bill Hicks a little earlier. Blame Bill, RIP.