WE WERE WARNED

VIDEO from 1999: Byron Dorgan vs. Gramm Leach Bliley-- WOW

"Derivatives are financial weapons of mass destruction" - Warren Buffett





It wasn't only Byron Dorgan


Buffett warns on investment 'time bomb'

Tuesday, 4 March, 2003

The rapidly growing trade in derivatives poses a "mega-catastrophic risk" for the economy and most shares are still "too expensive", legendary investor Warren Buffett has warned.

The world's second-richest man made the comments in his famous and plain-spoken "annual letter to shareholders", excerpts of which have been published by Fortune magazine.

The derivatives market has exploded in recent years, with investment banks selling billions of dollars worth of these investments to clients as a way to off-load or manage market risk.

But Mr Buffett argues that such highly complex financial instruments are time bombs and "financial weapons of mass destruction" that could harm not only their buyers and sellers, but the whole economic system.

Contracts devised by 'madmen'

http://news.bbc.co.uk/2/hi/2817995.stm

MITT ROMNEY: BAD FOR AMERICA

The Republicans Ruined the Economy and destroyed the budget with two wars and an idiotic prescription drug plan, and now they are trying to lie their way back into office. See this chart? Sorry, Mr. Romney this is Not "Worse" than when Bush was in office. Mitt Romney is Not just out of touch with the poor and ordinary Americans (a Ten Thousand dollar Bet???) Mitt Romney is dangerously Out of Touch with Reality.

Last night, Bill Maher blamed the entire OWS Movement for the actions of a few "black bloc" vandals in the Oakland OWS, who, given the Oakland PD's past use of Agents Provacateurs to excuse / justify police violence, may or may not have been affiliated with that one installation of OWS.

When a Cop kills, it's Always "one Bad Apple" No matter how often it happens in cities across this country, but some guy no one recognizes breaks a window after being told to STOP by real OWS protesters, and the entire OWS movement Must Disavow Violence, and explain his actions in every teevee appearance for the next eight hundred years..


From Copwatch@Occupy Oakland:

Beware of Police Infiltrators and Provocateurs

Either these Oakland PD officers are:

1. agent provocateurs
2. infiltrators
3. have decided to join Occupy Oakland in their spare time.

Video from CopWatch.org on YouTube below the inscrutable orange squiggle


http://www.youtube.com/watch?feature=player_embedded&v=VrvMzqopHH0

Jill Sobule Netroots Nation 2011


when they say they want their america back...



http://www.youtube.com/watch?v=w4TLRVeRgIo