Paulson can't buy toxic mortgages, because they don't exist

[Dover]

Cross-posted from GD
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=4458808&mesg_id=4458808


This 'splains everything. After reading it you'll wish you could have whatever shred of innocence you'd been clinging to back.
If there are no consequences for this, then you can be sure it's all over because the game
is played with complete impunity.

Drowned in a bathtub indeed ...


http://www.dailykos.com/story/2008/11/13/201226/64/403/660641

http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom#page1


I recall posting an article here a couple of months ago about the Europeans saying they'd been
snookered by the U.S. Get in line.

[ixion]

1. Yeah, that was one of the best -- and most distrubing -- articles I'd read in a long time

and it makes it very clear that this whole thing was a fraud of the highest order, played out with the complete duplicity of the top 1%.

And now, Paulsen continues the scam, by paying out trillions to the people who created the ponzi scheme.

It makes my blood boil. :grr: :argh: